Quick charity verification for Nonprofit Finance Fund (EIN: 133238657)
Verdict: Nonprofit Finance Fund appears trustworthy
75/100Mission Score
$31.8MRevenue
$259.6MAssets
3Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation reported on 990s for a large organization, warranting further scrutiny.
Significant revenue volatility and multiple years where expenses exceeded revenue (e.g., 2023, 2022, 2019, 2017, 2015, 2014) indicating potential reliance on reserves or other income sources.
High liabilities relative to assets, with liabilities at $172,171,984 against assets of $252,356,375 in 2023, which is typical for a financial institution but requires understanding the nature of these liabilities.
Long history of IRS 990 filings (14 filings), suggesting consistent compliance and operational longevity.
Role as a financial intermediary (NTEE S500) provides critical support to the broader nonprofit sector.
Spending Breakdown
How Nonprofit Finance Fund allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Nonprofit Finance Fund
Is Nonprofit Finance Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Nonprofit Finance Fund (EIN: 133238657) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Nonprofit Finance Fund a good charity to donate to?
Nonprofit Finance Fund has a Mission Score of 75/100. Revenue: $31.8M. Assets: $259.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nonprofit Finance Fund?
The Employer Identification Number (EIN) for Nonprofit Finance Fund is 133238657. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Nonprofit Finance Fund spend its money?
Nonprofit Finance Fund allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nonprofit Finance Fund's tax-exempt status?
You can verify Nonprofit Finance Fund's tax-exempt status using EIN 133238657 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Nonprofit Finance Fund (NFF) demonstrates a complex financial profile, characterized by significant fluctuations in revenue and expenses over the past decade. While the organization's assets have grown substantially, reaching $259,586,654, its revenue has varied widely, from a high of $54,019,339 in 2020 to a low of $13,109,108 in 2015. This volatility, coupled with periods where expenses exceeded revenue (e.g., 2023, 2022, 2019, 2017, 2015, 2014), suggests a need for careful management of its financial resources and potentially a reliance on investment income or prior year surpluses to cover operational costs in some years. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to transparency regarding executive pay, or that compensation is structured in a way that it is not reported as 'officer compensation' on the 990, which would warrant further investigation. The organization's NTEE code S500 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activities involve financial intermediation and support for other nonprofits, which can lead to different financial ratios compared to direct service providers. The substantial asset base and liabilities indicate its role as a financial institution within the nonprofit sector, likely involving loan funds or other financial instruments. The consistent growth in assets, despite revenue fluctuations, points to effective asset management or significant capital contributions over time.