100 X Development Foundation
100 X Development Foundation shows fluctuating revenue and expenses with zero reported officer compensation.
EIN: 201926718 · Montgomery, AL · NTEE: Q33 · Updated: 2026-03-28
Is 100 X Development Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
100 X Development Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 100 X Development Foundation
100 X Development Foundation (EIN: 201926718) is a nonprofit organization based in Montgomery, AL, classified under NTEE code Q33. The organization reported total revenue of $221K and total assets of $208K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 100 X Development Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
100 X Development Foundation is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2010–2021). Revenue has grown at a compound annual rate of -11.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $293K |
| Total Expenses | $210K |
| Surplus / Deficit | +$83K |
| Total Assets | $390K |
| Net Assets | $390K |
| Operating Margin | 28.2% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2021, 100 X Development Foundation reported a surplus of $83K with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2010–2021), 100 X Development Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -9.7% | -57.5% | +26.9% |
| 2020 | -55.2% | -22.1% | -38.4% |
| 2019 | -11.8% | +25.3% | +23.8% |
| 2018 | +28.3% | -20.0% | +359.4% |
| 2017 | -17.5% | -39.4% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2007 |
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 100 X Development Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, 100 X Development Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $83K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits were paid to officers, which is highly favorable for minimizing administrative overhead.
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 100 X Development Foundation's IRS 990 filings:
- Significant year-over-year revenue and expense volatility, making long-term planning challenging.
- Latest revenue of $221,388 is lower than the previous year's $292,733, indicating a potential downward trend in funding.
- Asset base has shown considerable decline from a peak of $498,877 in 2019 to $207,907 currently.
Strengths
The following positive indicators were identified for 100 X Development Foundation:
- Consistent reporting of 0% officer compensation, demonstrating a commitment to minimizing executive overhead.
- No reported liabilities in the most recent two filing periods (2020 and 2021), indicating sound debt management.
- Experienced periods of strong revenue generation, such as $1,218,624 in 2013.
Frequently Asked Questions about 100 X Development Foundation
Is 100 X Development Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, 100 X Development Foundation (EIN: 201926718) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does 100 X Development Foundation spend its money?
100 X Development Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to 100 X Development Foundation tax-deductible?
100 X Development Foundation is registered as a tax-exempt nonprofit (EIN: 201926718). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is 100 X Development Foundation financially stable?
The organization's financial stability has varied significantly. While it had a surplus in 2021 (Revenue $292,733 vs. Expenses $210,073), it experienced a substantial deficit in 2020 (Revenue $324,126 vs. Expenses $494,179). The latest revenue of $221,388 is lower than the previous year, suggesting ongoing fluctuations.
How does 100 X Development Foundation manage executive compensation?
100 X Development Foundation reports 0% officer compensation in all available IRS 990 filings, indicating that no compensation was paid to its officers.
What is the trend in the organization's assets?
The organization's assets have fluctuated, peaking at $498,877 in 2019 and then declining to $390,065 in 2021. The latest reported assets are $207,907, indicating a further decrease.
Has the organization incurred significant liabilities?
The organization reported $0 in liabilities for both 2020 and 2021, which is a positive indicator of financial health. Historically, liabilities have been relatively low, peaking at $24,960 in 2014.
Filing History
IRS 990 filing history for 100 X Development Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2021), 100 X Development Foundation's revenue has declined by 74.1%, moving from $1.1M to $293K. Total assets increased by 181.6% over the same period, from $139K to $390K. Total functional expenses fell by 81.1%, from $1.1M to $210K. In its most recent filing year (2021), 100 X Development Foundation reported a surplus of $83K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $293K | $210K | $390K | $0 | — | View 990 |
| 2020 | $324K | $494K | $307K | $0 | — | View 990 |
| 2019 | $724K | $634K | $499K | $21K | — | View 990 |
| 2018 | $821K | $506K | $403K | $15K | — | View 990 |
| 2017 | $639K | $633K | $88K | $14K | — | View 990 |
| 2016 | $775K | $1.0M | $80K | $13K | — | View 990 |
| 2015 | $743K | $726K | $351K | $16K | — | View 990 |
| 2014 | $719K | $898K | $343K | $25K | — | View 990 |
| 2013 | $1.2M | $859K | $501K | $4K | — | View 990 |
| 2012 | $1.2M | $1.2M | $146K | $8K | — | View 990 |
| 2011 | $917K | $900K | $159K | $13K | — | View 990 |
| 2010 | $1.1M | $1.1M | $139K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $293K, expenses of $210K, and assets of $390K (revenue -9.7% year-over-year).
- 2020: Revenue of $324K, expenses of $494K, and assets of $307K (revenue -55.2% year-over-year).
- 2019: Revenue of $724K, expenses of $634K, and assets of $499K (revenue -11.8% year-over-year).
- 2018: Revenue of $821K, expenses of $506K, and assets of $403K (revenue +28.3% year-over-year).
- 2017: Revenue of $639K, expenses of $633K, and assets of $88K (revenue -17.5% year-over-year).
- 2016: Revenue of $775K, expenses of $1.0M, and assets of $80K (revenue +4.4% year-over-year).
- 2015: Revenue of $743K, expenses of $726K, and assets of $351K (revenue +3.3% year-over-year).
- 2014: Revenue of $719K, expenses of $898K, and assets of $343K (revenue -41.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $859K, and assets of $501K (revenue +2.7% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $146K (revenue +29.4% year-over-year).
- 2011: Revenue of $917K, expenses of $900K, and assets of $159K (revenue -18.7% year-over-year).
- 2010: Revenue of $1.1M, expenses of $1.1M, and assets of $139K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 100 X Development Foundation:
Data Sources and Methodology
This transparency report for 100 X Development 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.