X12 Incorporated
EIN: 461372675 · Arlington, VA · NTEE: W03
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $2.6M |
| Net Assets | $-851,315 |
Is X12 Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About X12 Incorporated
X12 Incorporated (EIN: 461372675) is a nonprofit organization based in Arlington, VA, classified under NTEE code W03. The organization reported total revenue of $4.8M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of X12 Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
X12 Incorporated is a mid-size nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-786,419 |
| Total Assets | $689K |
| Total Liabilities | $1.5M |
| Net Assets | $-851,315 |
| Operating Margin | -44.6% |
| Debt-to-Asset Ratio | 223.6% |
| Months of Reserves | 3.2 months |
Financial Health Grade: C
In 2023, X12 Incorporated reported a deficit of $786K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 223.6% (high leverage).
Financial Trends
Over 9 years of filings (2015–2023), X12 Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | +45.9% | -6.3% |
| 2022 | +6.4% | +13.4% | -17.2% |
| 2021 | +6.0% | +22.3% | -10.2% |
| 2020 | -6.6% | -7.2% | +39.0% |
| 2019 | +2.4% | +8.1% | +8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for X12 Incorporated 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 X12 Incorporated 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 $786K, with expenses exceeding revenue.
- Debt-to-asset ratio: 223.6%.
Frequently Asked Questions about X12 Incorporated
Is X12 Incorporated a legitimate charity?
X12 Incorporated (EIN: 461372675) is a registered tax-exempt nonprofit based in Virginia. It has 9 years of IRS 990 filings on record. Total revenue: $4.8M. No red flags identified. Financial health grade: C.
How does X12 Incorporated spend its money?
X12 Incorporated reported $4.8M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to X12 Incorporated tax-deductible?
X12 Incorporated is registered as a tax-exempt nonprofit (EIN: 461372675). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is X12 Incorporated located?
X12 Incorporated is headquartered in Arlington, Virginia and files with the IRS under EIN 461372675. It is classified under NTEE code W03.
How many years of IRS 990 filings does X12 Incorporated have?
X12 Incorporated 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 $4.8M in total revenue.
Filing History
IRS 990 filing history for X12 Incorporated showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), X12 Incorporated's revenue has grown by 286.1%, moving from $457K to $1.8M. Total assets increased by 195.4% over the same period, from $233K to $689K. Total functional expenses rose by 288.4%, from $657K to $2.6M. In its most recent filing year (2023), X12 Incorporated reported a deficit of $786K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $689K in assets (debt-to-asset ratio: 223.6%), resulting in net assets of $-851,315.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.6M | $689K | $1.5M | — | — |
| 2022 | $1.6M | $1.7M | $735K | $800K | — | View 990 |
| 2021 | $1.5M | $1.5M | $888K | $760K | — | — |
| 2020 | $1.4M | $1.3M | $990K | $782K | — | — |
| 2019 | $1.5M | $1.4M | $712K | $622K | — | View 990 |
| 2018 | $1.4M | $1.3M | $659K | $686K | — | View 990 |
| 2017 | $1.3M | $1.2M | $434K | $645K | — | View 990 |
| 2016 | $1.0M | $1.1M | $264K | $525K | — | View 990 |
| 2015 | $457K | $657K | $233K | $431K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.6M, and assets of $689K (revenue +13.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.7M, and assets of $735K (revenue +6.4% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $888K (revenue +6.0% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $990K (revenue -6.6% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.4M, and assets of $712K (revenue +2.4% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.3M, and assets of $659K (revenue +13.5% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $434K (revenue +22.6% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $264K (revenue +126.6% year-over-year).
- 2015: Revenue of $457K, expenses of $657K, and assets of $233K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for X12 Incorporated:
Data Sources and Methodology
This transparency report for X12 Incorporated 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.