The Army Retirement Residence Foundation Potomac
EIN: 541252635 · Fort Belvoir, VA · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $484K |
| Total Expenses | $207K |
| Net Assets | $4.3M |
Is The Army Retirement Residence Foundation Potomac Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Army Retirement Residence Foundation Potomac
The Army Retirement Residence Foundation Potomac (EIN: 541252635) is a nonprofit organization based in Fort Belvoir, VA, classified under NTEE code L22. The organization reported total revenue of $484K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Army Retirement Residence Foundation Potomac's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Army Retirement Residence Foundation Potomac is a small nonprofit that has been operating for 4 years, with 7 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $226K |
| Total Expenses | $207K |
| Surplus / Deficit | +$18K |
| Total Assets | $4.5M |
| Total Liabilities | $221K |
| Net Assets | $4.3M |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 259.9 months |
Financial Health Grade: A
In 2023, The Army Retirement Residence Foundation Potomac reported a surplus of $18K with revenue exceeding expenses, holds 259.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2023), The Army Retirement Residence Foundation Potomac's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.0% | -8.7% | +12.9% |
| 2022 | -38.2% | -0.6% | -13.7% |
| 2021 | -1.5% | -36.3% | +31.7% |
| 2014 | +28.9% | +4.5% | -1.1% |
| 2013 | +56.1% | +39.9% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Army Retirement Residence Foundation Potomac 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 The Army Retirement Residence Foundation Potomac 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 $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.9%.
Frequently Asked Questions about The Army Retirement Residence Foundation Potomac
Is The Army Retirement Residence Foundation Potomac a legitimate charity?
Based on AI analysis of IRS 990 filings, The Army Retirement Residence Foundation Potomac (EIN: 541252635) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Army Retirement Residence Foundation Potomac spend its money?
Detailed spending breakdown data is not yet available for The Army Retirement Residence Foundation Potomac. Check back for updated IRS 990 analysis.
Are donations to The Army Retirement Residence Foundation Potomac tax-deductible?
The Army Retirement Residence Foundation Potomac is registered as a tax-exempt nonprofit (EIN: 541252635). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Army Retirement Residence Foundation Potomac located?
The Army Retirement Residence Foundation Potomac is headquartered in Fort Belvoir, Virginia and files with the IRS under EIN 541252635. It is classified under NTEE code L22.
How many years of IRS 990 filings does The Army Retirement Residence Foundation Potomac have?
The Army Retirement Residence Foundation Potomac has 7 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 $484K in total revenue.
Filing History
IRS 990 filing history for The Army Retirement Residence Foundation Potomac showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2023), The Army Retirement Residence Foundation Potomac's revenue has declined by 34.9%, moving from $346K to $226K. Total assets increased by 45.8% over the same period, from $3.1M to $4.5M. Total functional expenses fell by 24.5%, from $274K to $207K. In its most recent filing year (2023), The Army Retirement Residence Foundation Potomac reported a surplus of $18K, with revenue exceeding expenses. The organization holds $221K in liabilities against $4.5M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $207K | $4.5M | $221K | — | — |
| 2022 | $259K | $227K | $4.0M | $223K | — | View 990 |
| 2021 | $419K | $228K | $4.6M | $236K | — | View 990 |
| 2014 | $426K | $358K | $3.5M | $353K | — | View 990 |
| 2013 | $331K | $343K | $3.5M | $355K | — | View 990 |
| 2012 | $212K | $245K | $3.2M | $373K | — | View 990 |
| 2011 | $346K | $274K | $3.1M | $398K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $207K, and assets of $4.5M (revenue -13.0% year-over-year).
- 2022: Revenue of $259K, expenses of $227K, and assets of $4.0M (revenue -38.2% year-over-year).
- 2021: Revenue of $419K, expenses of $228K, and assets of $4.6M (revenue -1.5% year-over-year).
- 2014: Revenue of $426K, expenses of $358K, and assets of $3.5M (revenue +28.9% year-over-year).
- 2013: Revenue of $331K, expenses of $343K, and assets of $3.5M (revenue +56.1% year-over-year).
- 2012: Revenue of $212K, expenses of $245K, and assets of $3.2M (revenue -38.8% year-over-year).
- 2011: Revenue of $346K, expenses of $274K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Army Retirement Residence Foundation Potomac:
Data Sources and Methodology
This transparency report for The Army Retirement Residence Foundation Potomac 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.