Transatlantic Business Council
Transatlantic Business Council's revenue has declined by 91% since 2014, operating at a significant deficit in recent years with minimal assets.
EIN: 133576444 · Washington, DC · Updated: 2026-03-28
Is Transatlantic Business Council Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Transatlantic Business Council directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Transatlantic Business Council
Transatlantic Business Council (EIN: 133576444) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $149K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Transatlantic Business Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Transatlantic Business Council is a small nonprofit that has been operating for 35 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -16.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $316K |
| Surplus / Deficit | $-166,717 |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | -111.9% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2022, Transatlantic Business Council reported a deficit of $167K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2022), Transatlantic Business Council's revenue has declined at a compound annual growth rate (CAGR) of -16.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -54.2% | +18.6% | -99.4% |
| 2021 | +61.7% | +84.7% | +53.9% |
| 2020 | -18.9% | -44.0% | +115.0% |
| 2019 | -17.4% | -55.1% | -15.6% |
| 2018 | -59.6% | -38.4% | -81.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Transatlantic Business Council with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Transatlantic Business Council allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $167K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either volunteer leadership or compensation levels below IRS reporting thresholds, which could be a positive for resource allocation if other operational costs are managed effectively.
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 Transatlantic Business Council's IRS 990 filings:
- Dramatic and consistent decline in revenue (91% decrease from 2014 to 2022).
- Persistent operational deficits (expenses exceeding revenue in 7 out of 10 years).
- Severe erosion of asset base (from over $1.2M to $1,000).
- High expenses relative to revenue in recent years (e.g., 2022 expenses were more than double revenue).
Strengths
The following positive indicators were identified for Transatlantic Business Council:
- Consistent IRS 990 filing history (12 filings).
- No reported liabilities in the last four years (2019-2022).
- No reported officer compensation, potentially indicating volunteer leadership or efficient compensation practices.
Frequently Asked Questions about Transatlantic Business Council
Is Transatlantic Business Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Transatlantic Business Council (EIN: 133576444) significant concerns. Mission Score: 40/100. 4 red flags identified, 3 strengths noted.
How does Transatlantic Business Council spend its money?
Transatlantic Business Council directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Transatlantic Business Council tax-deductible?
Transatlantic Business Council is registered as a tax-exempt nonprofit (EIN: 133576444). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the drastic decline in revenue and assets for the Transatlantic Business Council?
The provided data does not specify the reasons for the decline, but the trend is clear: revenue dropped from $1,687,596 in 2014 to $148,991 in 2022, and assets decreased from over $1.2 million to $1,000 in the same period.
How does the organization plan to address its consistent operational deficits?
The data shows the organization frequently spends more than it earns, with expenses exceeding revenue in 7 of the last 10 years. The filings do not provide details on strategies to reverse this trend.
What are the specific program activities and their associated costs?
The summary data does not provide a detailed breakdown of expenses into program, administrative, or fundraising categories, making it difficult to assess the proportion of spending directly on mission-related activities.
Is the organization at risk of insolvency given its minimal asset base and ongoing deficits?
With assets of only $1,000 in 2022 and a significant deficit of $166,717 in the same year, the organization's financial stability appears highly precarious.
Filing History
IRS 990 filing history for Transatlantic Business Council showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Transatlantic Business Council's revenue has declined by 86.1%, moving from $1.1M to $149K. Total assets decreased by 99.7% over the same period, from $356K to $1K. Total functional expenses fell by 72.4%, from $1.1M to $316K. In its most recent filing year (2022), Transatlantic Business Council reported a deficit of $167K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $149K | $316K | $1K | $0 | — | View 990 |
| 2021 | $325K | $266K | $168K | $0 | — | View 990 |
| 2020 | $201K | $144K | $109K | $0 | — | — |
| 2019 | $248K | $257K | $51K | $0 | — | View 990 |
| 2018 | $300K | $573K | $60K | $24K | — | View 990 |
| 2017 | $744K | $930K | $332K | $23K | — | View 990 |
| 2016 | $1.1M | $1.1M | $803K | $335K | — | View 990 |
| 2015 | $1.3M | $1.4M | $1.1M | $584K | — | View 990 |
| 2014 | $1.7M | $1.4M | $1.2M | $576K | — | View 990 |
| 2013 | $1.6M | $1.2M | $1.2M | $873K | — | View 990 |
| 2012 | $1.0M | $1.0M | $266K | $243K | — | View 990 |
| 2011 | $1.1M | $1.1M | $356K | $356K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $149K, expenses of $316K, and assets of $1K (revenue -54.2% year-over-year).
- 2021: Revenue of $325K, expenses of $266K, and assets of $168K (revenue +61.7% year-over-year).
- 2020: Revenue of $201K, expenses of $144K, and assets of $109K (revenue -18.9% year-over-year).
- 2019: Revenue of $248K, expenses of $257K, and assets of $51K (revenue -17.4% year-over-year).
- 2018: Revenue of $300K, expenses of $573K, and assets of $60K (revenue -59.6% year-over-year).
- 2017: Revenue of $744K, expenses of $930K, and assets of $332K (revenue -29.3% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $803K (revenue -18.8% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $1.1M (revenue -23.2% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.4M, and assets of $1.2M (revenue +7.9% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.2M, and assets of $1.2M (revenue +50.4% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.0M, and assets of $266K (revenue -3.0% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $356K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Transatlantic Business Council:
Data Sources and Methodology
This transparency report for Transatlantic Business Council 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.