The New Center
EIN: 453648734 · Washington, DC · NTEE: R01
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $42K |
| Net Assets | $16K |
Is The New Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The New Center
The New Center (EIN: 453648734) is a nonprofit organization based in Washington, DC, classified under NTEE code R01. The organization reported total revenue of $50K and total assets of $33K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The New Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The New Center is a micro nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -44.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $42K |
| Surplus / Deficit | $-36,670 |
| Total Assets | $63K |
| Total Liabilities | $48K |
| Net Assets | $16K |
| Operating Margin | -730.6% |
| Debt-to-Asset Ratio | 75.4% |
| Months of Reserves | 18.2 months |
Financial Health Grade: C
In 2023, The New Center reported a deficit of $37K with expenses exceeding revenue, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 75.4% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), The New Center's revenue has declined at a compound annual growth rate (CAGR) of -44.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -98.5% | -90.4% | -56.0% |
| 2022 | -63.7% | -33.8% | -40.7% |
| 2021 | +33.3% | -14.0% | -6.1% |
| 2020 | +253.0% | -11.2% | +54.3% |
| 2019 | +839.6% | +116.3% | -76.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The New Center 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 New Center 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 $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 75.4%.
Frequently Asked Questions about The New Center
Is The New Center a legitimate charity?
The New Center (EIN: 453648734) is a registered tax-exempt nonprofit based in Washington DC. It has 11 years of IRS 990 filings on record. Total revenue: $50K. No red flags identified. Financial health grade: C.
How does The New Center spend its money?
The New Center reported $50K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The New Center tax-deductible?
The New Center is registered as a tax-exempt nonprofit (EIN: 453648734). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The New Center located?
The New Center is headquartered in Washington, Washington DC and files with the IRS under EIN 453648734. It is classified under NTEE code R01.
How many years of IRS 990 filings does The New Center have?
The New Center has 11 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 $50K in total revenue.
Filing History
IRS 990 filing history for The New Center showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), The New Center's revenue has declined by 99.7%, moving from $1.8M to $5K. Total assets decreased by 96.4% over the same period, from $1.8M to $63K. Total functional expenses fell by 94%, from $695K to $42K. In its most recent filing year (2023), The New Center reported a deficit of $37K, with expenses exceeding revenue. The organization holds $48K in liabilities against $63K in assets (debt-to-asset ratio: 75.4%), resulting in net assets of $16K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $42K | $63K | $48K | — | — |
| 2022 | $340K | $433K | $144K | $49K | — | View 990 |
| 2021 | $938K | $654K | $243K | $65K | — | View 990 |
| 2020 | $703K | $760K | $259K | $357K | — | — |
| 2019 | $199K | $855K | $168K | $204K | — | View 990 |
| 2018 | $21K | $395K | $707K | $86K | — | View 990 |
| 2017 | $572K | $627K | $1.0M | $37K | — | View 990 |
| 2016 | $1.2M | $1.2M | $1.1M | $67K | — | View 990 |
| 2015 | $2.7M | $2.9M | $1.2M | $93K | — | View 990 |
| 2014 | $2.4M | $2.2M | $1.8M | $554K | — | View 990 |
| 2013 | $1.8M | $695K | $1.8M | $668K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $42K, and assets of $63K (revenue -98.5% year-over-year).
- 2022: Revenue of $340K, expenses of $433K, and assets of $144K (revenue -63.7% year-over-year).
- 2021: Revenue of $938K, expenses of $654K, and assets of $243K (revenue +33.3% year-over-year).
- 2020: Revenue of $703K, expenses of $760K, and assets of $259K (revenue +253.0% year-over-year).
- 2019: Revenue of $199K, expenses of $855K, and assets of $168K (revenue +839.6% year-over-year).
- 2018: Revenue of $21K, expenses of $395K, and assets of $707K (revenue -96.3% year-over-year).
- 2017: Revenue of $572K, expenses of $627K, and assets of $1.0M (revenue -52.8% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue -55.6% year-over-year).
- 2015: Revenue of $2.7M, expenses of $2.9M, and assets of $1.2M (revenue +13.3% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.2M, and assets of $1.8M (revenue +34.3% year-over-year).
- 2013: Revenue of $1.8M, expenses of $695K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The New Center:
Data Sources and Methodology
This transparency report for The New Center 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.