Washington Dc Lindy Exchange Inc
Small, volunteer-run organization with fluctuating revenue and no executive compensation.
EIN: 200609007 · Rockville, MD · NTEE: A62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $120K |
| Total Expenses | $7K |
| Program Spending | 90% |
| Net Assets | $9K |
| Transparency Score | 90/100 |
Is Washington Dc Lindy Exchange Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Washington Dc Lindy Exchange Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Washington Dc Lindy Exchange Inc
Washington Dc Lindy Exchange Inc (EIN: 200609007) is a nonprofit organization based in Rockville, MD, classified under NTEE code A62. The organization reported total revenue of $120K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Washington Dc Lindy Exchange Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Washington Dc Lindy Exchange Inc is a small nonprofit that has been operating for 3 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $7K |
| Surplus / Deficit | +$2K |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | 23.4% |
| Months of Reserves | 16.4 months |
Financial Health Grade: A
In 2023, Washington Dc Lindy Exchange Inc reported a surplus of $2K with revenue exceeding expenses, holds 16.4 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2012–2023), Washington Dc Lindy Exchange Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -134.9% | -31.8% | -22.3% |
| 2019 | -118.4% | +4.6% | -42.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
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 Washington Dc Lindy Exchange Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Washington Dc Lindy Exchange Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization is entirely volunteer-run and does not allocate any funds to officer salaries, which is highly commendable for an organization of its size.
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 Washington Dc Lindy Exchange Inc's IRS 990 filings:
- Periods of negative revenue, indicating inconsistent income generation.
Strengths
The following positive indicators were identified for Washington Dc Lindy Exchange Inc:
- Consistent 0% officer compensation, indicating a volunteer-driven model.
- No reported liabilities in most recent filings, demonstrating financial stability.
- Strong asset base relative to its annual expenses, providing a buffer.
- Excellent transparency through consistent IRS 990 filings.
Frequently Asked Questions about Washington Dc Lindy Exchange Inc
Is Washington Dc Lindy Exchange Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Washington Dc Lindy Exchange Inc (EIN: 200609007) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Washington Dc Lindy Exchange Inc spend its money?
Washington Dc Lindy Exchange Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Washington Dc Lindy Exchange Inc tax-deductible?
Washington Dc Lindy Exchange Inc is registered as a tax-exempt nonprofit (EIN: 200609007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Washington Dc Lindy Exchange Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Washington Dc Lindy Exchange Inc is above average for NTEE category A62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Washington Dc Lindy Exchange Inc located?
Washington Dc Lindy Exchange Inc is headquartered in Rockville, Maryland and files with the IRS under EIN 200609007. It is classified under NTEE code A62.
How many years of IRS 990 filings does Washington Dc Lindy Exchange Inc have?
Washington Dc Lindy Exchange Inc has 9 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 $120K in total revenue.
Is Washington Dc Lindy Exchange Inc a good charity?
Based on the available data, Washington Dc Lindy Exchange Inc appears to be a good charity, especially for those who value volunteer-driven organizations with no executive compensation. Its consistent 0% officer compensation and lack of liabilities are strong positive indicators.
How does the organization manage periods of negative revenue?
The filings show periods of negative revenue (e.g., $-850 in 202112, $-1,842 in 201912). Given its small size and asset base, it likely covers these shortfalls through existing assets or relies on future positive revenue periods to balance its books, as its liabilities remain at $0 in most periods.
What is the primary source of the organization's revenue?
While not explicitly detailed in the provided data, given the organization's name and NTEE code (A62 - Dance), it is highly probable that its revenue primarily comes from event fees, ticket sales, or donations related to lindy exchange events and activities.
Filing History
IRS 990 filing history for Washington Dc Lindy Exchange Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Washington Dc Lindy Exchange Inc's revenue has grown by 91.4%, moving from $4K to $9K. Total assets decreased by 50.2% over the same period, from $18K to $9K. Total functional expenses rose by 47.6%, from $4K to $7K. In its most recent filing year (2023), Washington Dc Lindy Exchange Inc reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $9K | $7K | $9K | $0 | — | View 990 |
| 2021 | $-850 | $1K | $8K | $0 | — | — |
| 2020 | $2K | $2K | $10K | $0 | — | — |
| 2019 | $-1,842 | $6K | $10K | $0 | — | — |
| 2018 | $10K | $5K | $18K | $0 | — | — |
| 2015 | $-141 | $5K | $13K | $0 | — | View 990 |
| 2014 | $7K | $5K | $23K | $6K | — | View 990 |
| 2013 | $4K | $6K | $20K | $3K | — | View 990 |
| 2012 | $4K | $4K | $18K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9K, expenses of $7K, and assets of $9K.
- 2021: Revenue of $-850, expenses of $1K, and assets of $8K (revenue -134.9% year-over-year).
- 2020: Revenue of $2K, expenses of $2K, and assets of $10K.
- 2019: Revenue of $-1,842, expenses of $6K, and assets of $10K (revenue -118.4% year-over-year).
- 2018: Revenue of $10K, expenses of $5K, and assets of $18K.
- 2015: Revenue of $-141, expenses of $5K, and assets of $13K (revenue -102.1% year-over-year).
- 2014: Revenue of $7K, expenses of $5K, and assets of $23K (revenue +76.0% year-over-year).
- 2013: Revenue of $4K, expenses of $6K, and assets of $20K (revenue -13.9% year-over-year).
- 2012: Revenue of $4K, expenses of $4K, and assets of $18K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Washington Dc Lindy Exchange Inc:
Data Sources and Methodology
This transparency report for Washington Dc Lindy Exchange 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.