Community Tax Aid Inc
- Assets
- $379.5k
- Revenue
- $285.6k
- Investments
- $0.0
- Employees
- 22
- Location
- Washington, DC
- Founding
- 07/1988
- Data as of
- 06/2021
- EIN
- 52-1557807
Organization Overview
Community Tax Aid Inc is located in Washington, DC. The organization was established in 1988. According to its NTEE Classification (W22) the organization is classified as: Public Finance, Taxation & Monetary Policy, under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2021, Community Tax Aid Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Tax Aid Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Community Tax Aid Inc generated $285.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $283.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TAX PREPARATION AND TAX CONTROVERSY ASSISTANCE AT NO CHARGE TO LOWINCOME TAXPAYERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED TAX PREPARATION, TAXPAYER EDUCATION AND TAX CONTROVERSY ASSISTANCE TO OVER 3,100 LOW-INCOME INDIVIDUALS AND FAMILIES IN THE METROPOLITAN WASHINGTON, DC AREA ENABLING THESE CLIENTS TO RECEIVE $7 MILLION IN NET FEDERAL AND STATE TAX REFUNDS. 215 VOLUNTEERS PROVIDED SERVICES VALUED AT $148,310.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Hinze Executive Director | Officer | 50 | $60,000 |
Harley Duncan Vice Chair | OfficerTrustee | 2 | $0 |
Maria Dooner Chair | OfficerTrustee | 2 | $0 |
Ashley Hagans-Laign Treasurer | OfficerTrustee | 2 | $0 |
Suzanne Kecmer Secretary | OfficerTrustee | 2 | $0 |
Megan Newman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $111,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $173,848 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $285,448 |
| Total Program Service Revenue | $0 |
| Investment income | $139 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $285,587 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation of current officers, directors, key employees. | $11,520 |
| Compensation to disqualified persons | $100,438 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,547 |
| Fees for services: Management | $9,295 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $154 |
| Advertising and promotion | $0 |
| Office expenses | $8,879 |
| Information technology | $8,258 |
| Royalties | $0 |
| Occupancy | $44,808 |
| Travel | $104 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $189 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $29 |
| Insurance | $3,877 |
| All other expenses | $0 |
| Total functional expenses | $283,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,882 |
| Savings and temporary cash investments | $203,693 |
| Pledges and grants receivable | $113,801 |
| Accounts receivable, net | $273 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,531 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,360 |
| Total assets | $379,540 |
| Accounts payable and accrued expenses | $12,386 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,484 |
| Total liabilities | $22,870 |
| Net assets without donor restrictions | $356,670 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $379,540 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Community Tax Aid Inc has recieved totaling $63,282.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $25,376 |
Morris And Gwendolyn Cafritz Foundation Washington, DC PURPOSE: COMMUNITY SERVICE | $20,000 |
Virginia Community Action Partnership Richmond, VA PURPOSE: Earned Income Tax Credit Initiative | $6,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,719 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $5,550 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $137 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Freedomworks Inc Washington, DC | $3,468,084 | $5,609,429 |
Center For Strategic And Budgetary Assessments Washington, DC | $2,639,810 | $6,371,347 |
Council On State Taxation Washington, DC | $3,072,367 | $4,726,725 |
Committee For A Responsible Federal Budget Washington, DC | $2,854,266 | $5,338,402 |
Aga Alexandria, VA | $6,831,962 | $5,483,639 |
International Tax & Investment Center Washington, DC | $3,853,010 | $2,633,793 |
Prosperity Alliance Inc Fairfax, VA | $1,099,186 | $3,530,000 |
Operation Lifesaver Inc Washington, DC | $1,419,478 | $2,622,409 |
Republican Governors Public Policy Committee Washington, DC | $3,734,909 | $3,934,225 |
Commonwealth Institute For Fiscal Analysis Richmond, VA | $3,474,221 | $2,951,328 |
Taxpayers For Common Sense Washington, DC | $2,221,300 | $2,504,065 |
Native American Financial Services Association Washington, DC | $167,087 | $793,241 |