Smart City Works Inc
EIN: 820941868 · Arlington, VA · NTEE: S99
| Metric | Value |
|---|---|
| Total Revenue | $381K |
| Total Expenses | $514K |
| Net Assets | $87K |
Is Smart City Works Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Smart City Works Inc
Smart City Works Inc (EIN: 820941868) is a nonprofit organization based in Arlington, VA, classified under NTEE code S99. The organization reported total revenue of $381K and total assets of $64K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Smart City Works Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Smart City Works Inc is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 38.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $528K |
| Total Expenses | $514K |
| Surplus / Deficit | +$14K |
| Total Assets | $158K |
| Total Liabilities | $71K |
| Net Assets | $87K |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 45.1% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2023, Smart City Works Inc reported a surplus of $14K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 45.1% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Smart City Works Inc's revenue has grown at a compound annual growth rate (CAGR) of 38.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.8% | -9.7% | -5.0% |
| 2022 | +65.1% | +60.3% | -7.6% |
| 2021 | +18.1% | +38.0% | +138.0% |
| 2020 | +110.2% | +102.5% | -37.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Smart City Works Inc 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 Smart City Works Inc 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 $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.1%.
Frequently Asked Questions about Smart City Works Inc
Is Smart City Works Inc a legitimate charity?
Smart City Works Inc (EIN: 820941868) is a registered tax-exempt nonprofit based in Virginia. It has 5 years of IRS 990 filings on record. Total revenue: $381K. No red flags identified. Financial health grade: A.
How does Smart City Works Inc spend its money?
Smart City Works Inc reported $381K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Smart City Works Inc tax-deductible?
Smart City Works Inc is registered as a tax-exempt nonprofit (EIN: 820941868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Smart City Works Inc located?
Smart City Works Inc is headquartered in Arlington, Virginia and files with the IRS under EIN 820941868. It is classified under NTEE code S99.
How many years of IRS 990 filings does Smart City Works Inc have?
Smart City Works Inc has 5 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 $381K in total revenue.
Filing History
IRS 990 filing history for Smart City Works Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Smart City Works Inc's revenue has grown by 269.5%, moving from $143K to $528K. Total assets increased by 29.7% over the same period, from $122K to $158K. Total functional expenses rose by 304.7%, from $127K to $514K. In its most recent filing year (2023), Smart City Works Inc reported a surplus of $14K, with revenue exceeding expenses. The organization holds $71K in liabilities against $158K in assets (debt-to-asset ratio: 45.1%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $528K | $514K | $158K | $71K | — | — |
| 2022 | $586K | $569K | $167K | $91K | — | View 990 |
| 2021 | $355K | $355K | $181K | $121K | — | View 990 |
| 2020 | $300K | $257K | $76K | $17K | — | — |
| 2019 | $143K | $127K | $122K | $106K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $528K, expenses of $514K, and assets of $158K (revenue -9.8% year-over-year).
- 2022: Revenue of $586K, expenses of $569K, and assets of $167K (revenue +65.1% year-over-year).
- 2021: Revenue of $355K, expenses of $355K, and assets of $181K (revenue +18.1% year-over-year).
- 2020: Revenue of $300K, expenses of $257K, and assets of $76K (revenue +110.2% year-over-year).
- 2019: Revenue of $143K, expenses of $127K, and assets of $122K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Smart City Works Inc:
Data Sources and Methodology
This transparency report for Smart City Works Inc 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.