Second District Religious Educational And Charitable
EIN: 522242364 · Washington, DC · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $21K |
| Total Expenses | $25K |
| Net Assets | $354K |
Is Second District Religious Educational And Charitable Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Second District Religious Educational And Charitable
Second District Religious Educational And Charitable (EIN: 522242364) is a nonprofit organization based in Washington, DC, classified under NTEE code X20. The organization reported total revenue of $21K and total assets of $370K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Second District Religious Educational And Charitable's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Second District Religious Educational And Charitable is a micro nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $25K |
| Surplus / Deficit | +$2K |
| Total Assets | $357K |
| Total Liabilities | $4K |
| Net Assets | $354K |
| Operating Margin | 7.7% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 170.3 months |
Financial Health Grade: A
In 2023, Second District Religious Educational And Charitable reported a surplus of $2K with revenue exceeding expenses, holds 170.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Second District Religious Educational And Charitable's revenue has declined at a compound annual growth rate (CAGR) of -9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.6% | -27.7% | -34.8% |
| 2022 | +149.9% | -2.3% | +0.7% |
| 2021 | -75.6% | -40.8% | -3.6% |
| 2020 | -24.0% | -39.4% | +0.5% |
| 2019 | +83.1% | +214.7% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Second District Religious Educational And Charitable has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Second District Religious Educational And Charitable with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Second District Religious Educational And Charitable
Is Second District Religious Educational And Charitable a legitimate charity?
Second District Religious Educational And Charitable (EIN: 522242364) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $21K. No red flags identified. Financial health grade: A.
How does Second District Religious Educational And Charitable spend its money?
Second District Religious Educational And Charitable reported $21K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Second District Religious Educational And Charitable tax-deductible?
Second District Religious Educational And Charitable is registered as a tax-exempt nonprofit (EIN: 522242364). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Second District Religious Educational And Charitable located?
Second District Religious Educational And Charitable is headquartered in Washington, Washington DC and files with the IRS under EIN 522242364. It is classified under NTEE code X20.
How many years of IRS 990 filings does Second District Religious Educational And Charitable have?
Second District Religious Educational And Charitable has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $21K in total revenue.
Filing History
IRS 990 filing history for Second District Religious Educational And Charitable showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Second District Religious Educational And Charitable's revenue has declined by 69.4%, moving from $89K to $27K. Total assets increased by 8.7% over the same period, from $329K to $357K. Total functional expenses fell by 75.7%, from $104K to $25K. In its most recent filing year (2023), Second District Religious Educational And Charitable reported a surplus of $2K, with revenue exceeding expenses. The organization holds $4K in liabilities against $357K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $354K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27K | $25K | $357K | $4K | — | — |
| 2022 | $38K | $35K | $548K | $4K | — | View 990 |
| 2021 | $15K | $36K | $544K | $4K | — | View 990 |
| 2020 | $63K | $60K | $564K | $4K | — | — |
| 2019 | $82K | $99K | $561K | $4K | — | View 990 |
| 2018 | $45K | $32K | $578K | $4K | — | View 990 |
| 2017 | $17K | $42K | $590K | $29K | — | — |
| 2016 | $317K | $83K | $611K | $11K | — | View 990 |
| 2015 | $119K | $71K | $422K | $56K | — | View 990 |
| 2014 | $123K | $130K | $319K | $907 | — | View 990 |
| 2013 | $107K | $88K | $335K | $10K | — | View 990 |
| 2012 | $62K | $80K | $306K | $0 | — | View 990 |
| 2011 | $89K | $104K | $329K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27K, expenses of $25K, and assets of $357K (revenue -28.6% year-over-year).
- 2022: Revenue of $38K, expenses of $35K, and assets of $548K (revenue +149.9% year-over-year).
- 2021: Revenue of $15K, expenses of $36K, and assets of $544K (revenue -75.6% year-over-year).
- 2020: Revenue of $63K, expenses of $60K, and assets of $564K (revenue -24.0% year-over-year).
- 2019: Revenue of $82K, expenses of $99K, and assets of $561K (revenue +83.1% year-over-year).
- 2018: Revenue of $45K, expenses of $32K, and assets of $578K (revenue +165.9% year-over-year).
- 2017: Revenue of $17K, expenses of $42K, and assets of $590K (revenue -94.7% year-over-year).
- 2016: Revenue of $317K, expenses of $83K, and assets of $611K (revenue +167.2% year-over-year).
- 2015: Revenue of $119K, expenses of $71K, and assets of $422K (revenue -3.7% year-over-year).
- 2014: Revenue of $123K, expenses of $130K, and assets of $319K (revenue +14.7% year-over-year).
- 2013: Revenue of $107K, expenses of $88K, and assets of $335K (revenue +72.4% year-over-year).
- 2012: Revenue of $62K, expenses of $80K, and assets of $306K (revenue -30.0% year-over-year).
- 2011: Revenue of $89K, expenses of $104K, and assets of $329K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Second District Religious Educational And Charitable:
Data Sources and Methodology
This transparency report for Second District Religious Educational And Charitable is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.