Us Libya Business Council
Us Libya Business Council faces sustained operating deficits and declining assets.
EIN: 202569685 · Washington, DC · NTEE: Q30 · Updated: 2026-03-28
Is Us Libya Business Council Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Us Libya Business Council directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Us Libya Business Council
Us Libya Business Council (EIN: 202569685) is a nonprofit organization based in Washington, DC, classified under NTEE code Q30. The organization reported total revenue of $115K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Us Libya Business Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Us Libya Business Council is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -8.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $115K |
| Total Expenses | $130K |
| Surplus / Deficit | $-15,066 |
| Total Assets | $40K |
| Total Liabilities | $43K |
| Net Assets | $-2,920 |
| Operating Margin | -13.1% |
| Debt-to-Asset Ratio | 107.3% |
| Months of Reserves | 3.7 months |
Financial Health Grade: C
In 2021, Us Libya Business Council reported a deficit of $15K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 107.3% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), Us Libya Business Council's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +6.3% | -2.1% | +7.1% |
| 2020 | -11.1% | +0.5% | -52.6% |
| 2019 | -44.0% | -40.5% | +17.9% |
| 2018 | +19.7% | +3.1% | -49.2% |
| 2017 | +2.1% | -17.7% | -8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2005 |
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 Us Libya 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: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Us Libya Business Council allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 107.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer-led executive team or that executive compensation is categorized under other expense lines, which could obscure a full understanding of leadership costs.
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 Us Libya Business Council's IRS 990 filings:
- Consistent operating deficits (e.g., $115,166 revenue vs. $130,232 expenses in 202106).
- Significant decline in total assets from $284,797 in 201306 to $39,790 in 202106.
- Liabilities ($42,710 in 202106) exceeding total assets ($39,790 in 202106).
- Lack of detailed expense breakdown in provided data, hindering assessment of program efficiency.
Strengths
The following positive indicators were identified for Us Libya Business Council:
- No reported officer compensation across all filings, potentially indicating volunteer leadership.
Frequently Asked Questions about Us Libya Business Council
Is Us Libya Business Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Us Libya Business Council (EIN: 202569685) significant concerns. Mission Score: 40/100. 4 red flags identified, 1 strength noted.
How does Us Libya Business Council spend its money?
Us Libya Business Council directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Us Libya Business Council tax-deductible?
Us Libya Business Council is registered as a tax-exempt nonprofit (EIN: 202569685). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Us Libya Business Council financially sustainable given its consistent operating deficits?
The organization has reported expenses exceeding revenue in most recent years (e.g., $130,232 expenses vs. $115,166 revenue in 202106), leading to a decline in assets from $284,797 in 201306 to $39,790 in 202106, raising significant concerns about long-term financial sustainability.
What is the breakdown of program, administrative, and fundraising expenses?
The provided IRS 990 data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to precisely assess spending efficiency. However, given the overall financial trends, there's likely a significant portion allocated to non-programmatic activities relative to its small size.
Why have the organization's assets decreased so dramatically over the past decade?
Assets have fallen from $284,797 in 201306 to $39,790 in 202106, primarily due to the organization consistently spending more than its revenue, drawing down its reserves to cover operational costs.
How does the organization plan to address its liabilities, which currently exceed its assets?
In 202106, liabilities were $42,710 while assets were $39,790, indicating a negative net asset position. The filings do not detail specific plans to address this, but it suggests a precarious financial position where current obligations exceed available resources.
Filing History
IRS 990 filing history for Us Libya Business Council showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Us Libya Business Council's revenue has declined by 58.9%, moving from $280K to $115K. Total assets decreased by 69.4% over the same period, from $130K to $40K. Total functional expenses fell by 56.6%, from $300K to $130K. In its most recent filing year (2021), Us Libya Business Council reported a deficit of $15K, with expenses exceeding revenue. The organization holds $43K in liabilities against $40K in assets (debt-to-asset ratio: 107.3%), resulting in net assets of $-2,920.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $115K | $130K | $40K | $43K | — | — |
| 2020 | $108K | $133K | $37K | $25K | — | View 990 |
| 2019 | $122K | $132K | $78K | $42K | — | View 990 |
| 2018 | $218K | $222K | $66K | $19K | — | View 990 |
| 2017 | $182K | $216K | $131K | $79K | — | View 990 |
| 2016 | $178K | $262K | $142K | $56K | — | View 990 |
| 2015 | $315K | $291K | $272K | $102K | — | View 990 |
| 2014 | $333K | $299K | $269K | $123K | — | View 990 |
| 2013 | $361K | $349K | $285K | $172K | — | View 990 |
| 2012 | $455K | $361K | $281K | $180K | — | View 990 |
| 2011 | $280K | $300K | $130K | $124K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $115K, expenses of $130K, and assets of $40K (revenue +6.3% year-over-year).
- 2020: Revenue of $108K, expenses of $133K, and assets of $37K (revenue -11.1% year-over-year).
- 2019: Revenue of $122K, expenses of $132K, and assets of $78K (revenue -44.0% year-over-year).
- 2018: Revenue of $218K, expenses of $222K, and assets of $66K (revenue +19.7% year-over-year).
- 2017: Revenue of $182K, expenses of $216K, and assets of $131K (revenue +2.1% year-over-year).
- 2016: Revenue of $178K, expenses of $262K, and assets of $142K (revenue -43.4% year-over-year).
- 2015: Revenue of $315K, expenses of $291K, and assets of $272K (revenue -5.6% year-over-year).
- 2014: Revenue of $333K, expenses of $299K, and assets of $269K (revenue -7.6% year-over-year).
- 2013: Revenue of $361K, expenses of $349K, and assets of $285K (revenue -20.8% year-over-year).
- 2012: Revenue of $455K, expenses of $361K, and assets of $281K (revenue +62.6% year-over-year).
- 2011: Revenue of $280K, expenses of $300K, and assets of $130K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Us Libya Business Council:
Data Sources and Methodology
This transparency report for Us Libya 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.