The Collective Empowerment Group Inc
EIN: 521888637 · Suitland, MD · NTEE: S200
| Metric | Value |
|---|---|
| Total Revenue | $124K |
| Total Expenses | $126K |
| Net Assets | $94K |
Is The Collective Empowerment Group Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Collective Empowerment Group Inc
The Collective Empowerment Group Inc (EIN: 521888637) is a nonprofit organization based in Suitland, MD, classified under NTEE code S200. The organization reported total revenue of $124K and total assets of $109K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Collective Empowerment Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Collective Empowerment Group Inc is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $126K |
| Surplus / Deficit | $-26,283 |
| Total Assets | $94K |
| Net Assets | $94K |
| Operating Margin | -26.4% |
| Months of Reserves | 9.0 months |
Financial Health Grade: B
In 2023, The Collective Empowerment Group Inc reported a deficit of $26K with expenses exceeding revenue, holds 9.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), The Collective Empowerment Group Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.9% | +65.9% | -21.8% |
| 2022 | -29.2% | +31.6% | +12.2% |
| 2021 | +237.5% | +28.6% | +172.6% |
| 2020 | -68.7% | -57.0% | -16.1% |
| 2019 | -11.6% | -17.6% | +45.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Collective Empowerment Group 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 The Collective Empowerment Group 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 deficit of $26K, with expenses exceeding revenue.
Frequently Asked Questions about The Collective Empowerment Group Inc
Is The Collective Empowerment Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Collective Empowerment Group Inc (EIN: 521888637) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Collective Empowerment Group Inc spend its money?
Detailed spending breakdown data is not yet available for The Collective Empowerment Group Inc. Check back for updated IRS 990 analysis.
Are donations to The Collective Empowerment Group Inc tax-deductible?
The Collective Empowerment Group Inc is registered as a tax-exempt nonprofit (EIN: 521888637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Collective Empowerment Group Inc located?
The Collective Empowerment Group Inc is headquartered in Suitland, Maryland and files with the IRS under EIN 521888637. It is classified under NTEE code S200.
How many years of IRS 990 filings does The Collective Empowerment Group Inc have?
The Collective Empowerment Group Inc 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 $124K in total revenue.
Filing History
IRS 990 filing history for The Collective Empowerment Group Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Collective Empowerment Group Inc's revenue has declined by 26.1%, moving from $135K to $99K. Total assets increased by 7718.1% over the same period, from $1K to $94K. Total functional expenses fell by 19.7%, from $157K to $126K. In its most recent filing year (2023), The Collective Empowerment Group Inc reported a deficit of $26K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $126K | $94K | $0 | — | — |
| 2022 | $89K | $76K | $120K | $0 | — | View 990 |
| 2021 | $126K | $58K | $107K | $0 | — | View 990 |
| 2020 | $37K | $45K | $39K | $0 | — | View 990 |
| 2019 | $119K | $104K | $47K | $0 | — | View 990 |
| 2018 | $135K | $126K | $32K | $0 | — | View 990 |
| 2017 | $141K | $117K | $24K | $0 | — | View 990 |
| 2016 | $149K | $189K | $11K | $11K | — | View 990 |
| 2015 | $244K | $198K | $45K | $6K | — | View 990 |
| 2014 | $178K | $197K | $31K | $38K | — | View 990 |
| 2013 | $213K | $211K | $19K | $7K | — | View 990 |
| 2012 | $166K | $141K | $11K | $2K | — | View 990 |
| 2011 | $135K | $157K | $1K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $99K, expenses of $126K, and assets of $94K (revenue +11.9% year-over-year).
- 2022: Revenue of $89K, expenses of $76K, and assets of $120K (revenue -29.2% year-over-year).
- 2021: Revenue of $126K, expenses of $58K, and assets of $107K (revenue +237.5% year-over-year).
- 2020: Revenue of $37K, expenses of $45K, and assets of $39K (revenue -68.7% year-over-year).
- 2019: Revenue of $119K, expenses of $104K, and assets of $47K (revenue -11.6% year-over-year).
- 2018: Revenue of $135K, expenses of $126K, and assets of $32K (revenue -4.3% year-over-year).
- 2017: Revenue of $141K, expenses of $117K, and assets of $24K (revenue -5.9% year-over-year).
- 2016: Revenue of $149K, expenses of $189K, and assets of $11K (revenue -38.8% year-over-year).
- 2015: Revenue of $244K, expenses of $198K, and assets of $45K (revenue +37.5% year-over-year).
- 2014: Revenue of $178K, expenses of $197K, and assets of $31K (revenue -16.8% year-over-year).
- 2013: Revenue of $213K, expenses of $211K, and assets of $19K (revenue +28.6% year-over-year).
- 2012: Revenue of $166K, expenses of $141K, and assets of $11K (revenue +23.3% year-over-year).
- 2011: Revenue of $135K, expenses of $157K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Collective Empowerment Group Inc:
Data Sources and Methodology
This transparency report for The Collective Empowerment Group 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.