Zenith Community Arts Foundation
EIN: 364385716 · Washington, DC · NTEE: C50
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $216K |
| Net Assets | $511K |
Is Zenith Community Arts Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Zenith Community Arts Foundation
Zenith Community Arts Foundation (EIN: 364385716) is a nonprofit organization based in Washington, DC, classified under NTEE code C50. The organization reported total revenue of $180K and total assets of $432K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zenith Community Arts Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zenith Community Arts Foundation is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $358K |
| Total Expenses | $216K |
| Surplus / Deficit | +$142K |
| Total Assets | $515K |
| Total Liabilities | $5K |
| Net Assets | $511K |
| Operating Margin | 39.6% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 28.6 months |
Financial Health Grade: A
In 2023, Zenith Community Arts Foundation reported a surplus of $142K with revenue exceeding expenses, holds 28.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), Zenith Community Arts Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.2% | +12.2% | +39.0% |
| 2022 | +7.2% | -22.0% | +2.5% |
| 2021 | -36.0% | +323.3% | -13.7% |
| 2020 | +572.1% | +15.4% | +128.4% |
| 2019 | +25.5% | +30.9% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Zenith Community Arts Foundation 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 Zenith Community Arts Foundation 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 surplus of $142K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Zenith Community Arts Foundation
Is Zenith Community Arts Foundation a legitimate charity?
Zenith Community Arts Foundation (EIN: 364385716) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $180K. No red flags identified. Financial health grade: A.
How does Zenith Community Arts Foundation spend its money?
Zenith Community Arts Foundation reported $180K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Zenith Community Arts Foundation tax-deductible?
Zenith Community Arts Foundation is registered as a tax-exempt nonprofit (EIN: 364385716). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Zenith Community Arts Foundation located?
Zenith Community Arts Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 364385716. It is classified under NTEE code C50.
How many years of IRS 990 filings does Zenith Community Arts Foundation have?
Zenith Community Arts Foundation has 13 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 $180K in total revenue.
Filing History
IRS 990 filing history for Zenith Community Arts Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Zenith Community Arts Foundation's revenue has grown by 404%, moving from $71K to $358K. Total assets increased by 246% over the same period, from $149K to $515K. Total functional expenses rose by 359.9%, from $47K to $216K. In its most recent filing year (2023), Zenith Community Arts Foundation reported a surplus of $142K, with revenue exceeding expenses. The organization holds $5K in liabilities against $515K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $511K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $358K | $216K | $515K | $5K | — | — |
| 2022 | $204K | $193K | $371K | $2K | — | — |
| 2021 | $190K | $247K | $362K | $4K | — | View 990 |
| 2020 | $297K | $58K | $419K | $5K | — | View 990 |
| 2019 | $44K | $51K | $183K | $9K | — | View 990 |
| 2018 | $35K | $39K | $186K | $5K | — | View 990 |
| 2017 | $52K | $46K | $189K | $5K | — | View 990 |
| 2016 | $38K | $61K | $184K | $5K | — | View 990 |
| 2015 | $14K | $18K | $202K | $0 | — | View 990 |
| 2014 | $19K | $7K | $206K | $0 | — | View 990 |
| 2012 | $100K | $31K | $177K | $769 | — | View 990 |
| 2011 | $27K | $72K | $108K | $589 | — | View 990 |
| 2010 | $71K | $47K | $149K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $358K, expenses of $216K, and assets of $515K (revenue +75.2% year-over-year).
- 2022: Revenue of $204K, expenses of $193K, and assets of $371K (revenue +7.2% year-over-year).
- 2021: Revenue of $190K, expenses of $247K, and assets of $362K (revenue -36.0% year-over-year).
- 2020: Revenue of $297K, expenses of $58K, and assets of $419K (revenue +572.1% year-over-year).
- 2019: Revenue of $44K, expenses of $51K, and assets of $183K (revenue +25.5% year-over-year).
- 2018: Revenue of $35K, expenses of $39K, and assets of $186K (revenue -32.4% year-over-year).
- 2017: Revenue of $52K, expenses of $46K, and assets of $189K (revenue +37.8% year-over-year).
- 2016: Revenue of $38K, expenses of $61K, and assets of $184K (revenue +177.0% year-over-year).
- 2015: Revenue of $14K, expenses of $18K, and assets of $202K (revenue -28.5% year-over-year).
- 2014: Revenue of $19K, expenses of $7K, and assets of $206K (revenue -80.9% year-over-year).
- 2012: Revenue of $100K, expenses of $31K, and assets of $177K (revenue +266.9% year-over-year).
- 2011: Revenue of $27K, expenses of $72K, and assets of $108K (revenue -61.5% year-over-year).
- 2010: Revenue of $71K, expenses of $47K, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zenith Community Arts Foundation:
Data Sources and Methodology
This transparency report for Zenith Community Arts Foundation 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.