Spectemur Agendo Inc
Spectemur Agendo Inc. faces severe financial decline with expenses consistently dwarfing revenue, leading to a significant depletion of assets.
EIN: 10751046 · Washington, DC · NTEE: T20 · Updated: 2026-03-28
Is Spectemur Agendo Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spectemur Agendo Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spectemur Agendo Inc
Spectemur Agendo Inc (EIN: 10751046) is a nonprofit organization based in Washington, DC, classified under NTEE code T20. The organization reported total revenue of $26K and total assets of $393K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spectemur Agendo Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spectemur Agendo Inc is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $889K |
| Surplus / Deficit | $-831,722 |
| Total Assets | $569K |
| Total Liabilities | $77 |
| Net Assets | $569K |
| Operating Margin | -1454.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 7.7 months |
Financial Health Grade: B
In 2023, Spectemur Agendo Inc reported a deficit of $832K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Spectemur Agendo Inc's revenue has declined at a compound annual growth rate (CAGR) of -15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -92.1% | -71.4% | -59.4% |
| 2022 | -26.1% | +108.2% | -63.1% |
| 2021 | +404.0% | -4.2% | -12.1% |
| 2020 | -64.0% | +1.2% | -23.8% |
| 2019 | -0.6% | +5.5% | -34.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Spectemur Agendo Inc with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Spectemur Agendo Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $832K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated through non-officer roles, which could obscure the true cost of leadership.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Spectemur Agendo Inc's IRS 990 filings:
- Consistent and severe deficit spending (e.g., 2023 expenses $888,918 vs. revenue $57,196)
- Dramatic decline in assets over time (from $11.3M in 2013 to $0.57M in 2023)
- Current assets ($392,887) are significantly lower than historical levels, indicating financial distress
- High expense-to-revenue ratio across multiple years, suggesting unsustainable operations
Strengths
The following positive indicators were identified for Spectemur Agendo Inc:
- No reported officer compensation, potentially indicating a volunteer-driven leadership structure
Frequently Asked Questions about Spectemur Agendo Inc
Is Spectemur Agendo Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Spectemur Agendo Inc (EIN: 10751046) significant concerns. Mission Score: 35/100. 4 red flags identified, 1 strength noted.
How does Spectemur Agendo Inc spend its money?
Spectemur Agendo Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Spectemur Agendo Inc tax-deductible?
Spectemur Agendo Inc is registered as a tax-exempt nonprofit (EIN: 10751046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Spectemur Agendo Inc. financially sustainable?
Based on the consistent and significant deficit spending (e.g., $888,918 expenses vs. $57,196 revenue in 2023), the organization's current financial model appears unsustainable without a drastic increase in revenue or reduction in expenses. Assets have plummeted from over $11 million to under $400,000.
What caused the dramatic decline in assets?
The dramatic decline in assets, from a peak of $11,306,287 in 2013 to $569,180 in 2023, is primarily due to expenses consistently exceeding revenue over many years. For instance, in 2022, expenses were $3,106,466 while revenue was $721,286, drawing heavily from existing assets.
How does the lack of officer compensation affect transparency?
While zero officer compensation can indicate a volunteer-led organization, it can also obscure the true cost of leadership if individuals performing executive functions are compensated through other means or as contractors, potentially reducing transparency regarding overall leadership costs.
What is the organization's plan to address its financial deficits?
The provided data does not include a strategic plan, but the consistent deficits (e.g., $831,722 deficit in 2023) indicate an urgent need for a robust financial recovery plan to either significantly increase revenue or substantially cut expenses to prevent further asset depletion.
Filing History
IRS 990 filing history for Spectemur Agendo Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Spectemur Agendo Inc's revenue has declined by 85.9%, moving from $407K to $57K. Total assets decreased by 93.2% over the same period, from $8.4M to $569K. Total functional expenses fell by 32.9%, from $1.3M to $889K. In its most recent filing year (2023), Spectemur Agendo Inc reported a deficit of $832K, with expenses exceeding revenue. The organization holds $77 in liabilities against $569K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $569K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57K | $889K | $569K | $77 | — | — |
| 2022 | $721K | $3.1M | $1.4M | $1 | — | View 990 |
| 2021 | $976K | $1.5M | $3.8M | $9K | — | View 990 |
| 2020 | $194K | $1.6M | $4.3M | $2K | — | — |
| 2019 | $537K | $1.5M | $5.7M | $52 | — | View 990 |
| 2015 | $541K | $1.5M | $8.7M | $71 | — | View 990 |
| 2014 | $492K | $2.2M | $9.6M | $4K | — | View 990 |
| 2013 | $5.8M | $1.3M | $11.3M | $4K | — | View 990 |
| 2012 | $184K | $1.8M | $6.8M | $265 | — | View 990 |
| 2011 | $407K | $1.3M | $8.4M | $266 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57K, expenses of $889K, and assets of $569K (revenue -92.1% year-over-year).
- 2022: Revenue of $721K, expenses of $3.1M, and assets of $1.4M (revenue -26.1% year-over-year).
- 2021: Revenue of $976K, expenses of $1.5M, and assets of $3.8M (revenue +404.0% year-over-year).
- 2020: Revenue of $194K, expenses of $1.6M, and assets of $4.3M (revenue -64.0% year-over-year).
- 2019: Revenue of $537K, expenses of $1.5M, and assets of $5.7M (revenue -0.6% year-over-year).
- 2015: Revenue of $541K, expenses of $1.5M, and assets of $8.7M (revenue +9.9% year-over-year).
- 2014: Revenue of $492K, expenses of $2.2M, and assets of $9.6M (revenue -91.5% year-over-year).
- 2013: Revenue of $5.8M, expenses of $1.3M, and assets of $11.3M (revenue +3047.9% year-over-year).
- 2012: Revenue of $184K, expenses of $1.8M, and assets of $6.8M (revenue -54.6% year-over-year).
- 2011: Revenue of $407K, expenses of $1.3M, and assets of $8.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spectemur Agendo Inc:
Data Sources and Methodology
This transparency report for Spectemur Agendo 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.