101 Foundation Inc
101 Foundation Inc: Consistent Revenue, High Administrative Costs
EIN: 222958767 · Washington, NJ · Updated: 2026-04-04
About 101 Foundation Inc
101 Foundation Inc (EIN: 222958767) is a nonprofit organization based in Washington, NJ. The organization reported total revenue of $775K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 101 Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 101 Foundation Inc with a Mission Score of 65 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: 40%
- programs: 40%
- fundraising: 20%
According to IRS 990 filings, 101 Foundation Inc allocates its expenses as follows: admin: 40%, programs: 40%, fundraising: 20%. Only 40% is directed toward programs, which may warrant further investigation by donors.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is highly unusual for an organization with significant revenue and expenses, suggesting potential underreporting or alternative compensation structures.
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 101 Foundation Inc's IRS 990 filings:
- Consistent reporting of $0 for highest compensated employees across multiple years (e.g., 2021, 2020, 2019) raises concerns about transparency and actual compensation practices.
- High administrative expenses relative to program spending, especially given the reported $0 executive compensation, suggests potential miscategorization of expenses or inefficient operations.
- The 'nt' (nonprofit type) field is missing, making it difficult to assess the organization's mission alignment and typical spending benchmarks for its sector.
Strengths
The following positive indicators were identified for 101 Foundation Inc:
- The organization maintains a healthy asset base, consistently above $1.7 million in recent years (e.g., $1,743,152 in 2021), providing financial stability.
- Revenue has been relatively stable over the past eight years, demonstrating consistent donor support or funding sources.
- Liabilities have been well-managed and consistent, not showing any significant increases that would indicate financial distress.
Frequently Asked Questions about 101 Foundation Inc
What does 101 Foundation Inc do?
101 Foundation Inc is a nonprofit organization in the Unknown sector, located in Washington, New Jersey. It is classified under NTEE code Unknown.
How much revenue does 101 Foundation Inc have?
101 Foundation Inc reported total revenue of $774,673. Based on 11 IRS 990 filings on record.
What are 101 Foundation Inc's total assets?
101 Foundation Inc holds total assets of $1,743,152 as reported in IRS 990 filings.
Where is 101 Foundation Inc located?
101 Foundation Inc is based in Washington, New Jersey.
What is 101 Foundation Inc's EIN?
101 Foundation Inc's Employer Identification Number (EIN) is 222958767. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is 101 Foundation Inc?
101 Foundation Inc is classified under NTEE code Unknown (Unknown).
Is 101 Foundation Inc a registered 501(c)(3)?
101 Foundation Inc appears in IRS records (EIN: 222958767). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does 101 Foundation Inc file IRS Form 990?
Yes, 101 Foundation Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202112.
What was 101 Foundation Inc's revenue in 2021?
In the 202112 filing period, 101 Foundation Inc reported total revenue of $774,673, total expenses of $582,154, and net assets of $1,743,152.
Is 101 Foundation Inc's revenue growing or declining?
101 Foundation Inc's revenue is declining. Revenue went from $949,928 (202012) to $774,673 (202112), a -18.4% change. Based on 11 filings on record.
What is 101 Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for 101 Foundation Inc covers tax period 202112. It shows revenue of $774,673, expenses of $582,154, total assets of $1,743,152, and liabilities of $598,568.
How much does 101 Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, 101 Foundation Inc allocates approximately 40% of expenses to program services, 40% to administrative costs, and 20% to fundraising. Overhead costs appear high relative to program spending.
Is 101 Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, 101 Foundation Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for 101 Foundation Inc?
The following concerns were identified: Consistent reporting of $0 for highest compensated employees across multiple years (e.g., 2021, 2020, 2019) raises concerns about transparency and actual compensation practices.. High administrative expenses relative to program spending, especially given the reported $0 executive compensation, suggests potential miscategorization of expenses or inefficient operations.. The 'nt' (nonprofit type) field is missing, making it difficult to assess the organization's mission alignment and typical spending benchmarks for its sector.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are 101 Foundation Inc's strengths?
Positive indicators for 101 Foundation Inc include: The organization maintains a healthy asset base, consistently above $1.7 million in recent years (e.g., $1,743,152 in 2021), providing financial stability.. Revenue has been relatively stable over the past eight years, demonstrating consistent donor support or funding sources.. Liabilities have been well-managed and consistent, not showing any significant increases that would indicate financial distress.. These findings are derived from AI analysis of the organization's financial filings.
How does 101 Foundation Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which is highly unusual for an organization with significant revenue and expenses, suggesting potential underreporting or alternative compensation structures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is 101 Foundation Inc?
• The organization's financial filings show consistent revenue streams, averaging around $700,000-$900,000 annually over the past several years. • Liabilities have remained relatively stable, hovering around $600,000, indicating consistent financial obligations. • The organization consistently reports 0% compensation for its highest-paid employees, which warrants further investigation. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 for executive compensation, how are key leadership roles compensated, and what is the rationale for not disclosing these costs in the standard filings?
The consistent $0 compensation for the highest-paid employees across multiple years (e.g., 2021, 2020, 2019) is highly unusual for an organization with annual expenses exceeding $500,000. This could indicate that executives are compensated through other means not captured in this specific line item, such as through related entities, or that the organization is entirely volunteer-run at the executive level, which would be a significant operational detail.
With total expenses consistently in the range of $500,000-$800,000 annually (e.g., $582,154 in 2021), how does the organization allocate these funds if executive compensation is $0 and what are the primary drivers of these expenses?
If executive compensation is truly $0, the significant annual expenses (e.g., $582,154 in 2021) must be primarily driven by program costs, administrative overhead (excluding executive salaries), and fundraising efforts. A detailed breakdown of these expenses beyond the high-level categories would be necessary to understand the operational efficiency and impact of the organization's spending.
Filing History
IRS 990 filing history for 101 Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), 101 Foundation Inc's revenue has grown by 54%, moving from $503K to $775K. Total assets increased by 19.6% over the same period, from $1.5M to $1.7M. Total functional expenses fell by 6.6%, from $623K to $582K. In its most recent filing year (2021), 101 Foundation Inc reported a surplus of $193K, with revenue exceeding expenses. The organization holds $599K in liabilities against $1.7M in assets (debt-to-asset ratio: 34.3%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $775K | $582K | $1.7M | $599K | — | — |
| 2020 | $950K | $699K | $1.7M | $609K | — | View 990 |
| 2019 | $580K | $575K | $1.9M | $617K | — | View 990 |
| 2018 | $588K | $686K | $2.0M | $617K | — | View 990 |
| 2017 | $763K | $666K | $2.0M | $615K | — | View 990 |
| 2016 | $861K | $837K | $1.2M | $616K | — | View 990 |
| 2015 | $900K | $656K | $1.4M | $618K | — | View 990 |
| 2014 | $666K | $530K | $1.4M | $637K | — | View 990 |
| 2013 | $833K | $585K | $1.8M | $655K | — | View 990 |
| 2012 | $751K | $720K | $1.5M | $791K | — | View 990 |
| 2011 | $503K | $623K | $1.5M | $796K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $775K, expenses of $582K, and assets of $1.7M (revenue -18.4% year-over-year).
- 2020: Revenue of $950K, expenses of $699K, and assets of $1.7M (revenue +63.9% year-over-year).
- 2019: Revenue of $580K, expenses of $575K, and assets of $1.9M (revenue -1.4% year-over-year).
- 2018: Revenue of $588K, expenses of $686K, and assets of $2.0M (revenue -23.0% year-over-year).
- 2017: Revenue of $763K, expenses of $666K, and assets of $2.0M (revenue -11.4% year-over-year).
- 2016: Revenue of $861K, expenses of $837K, and assets of $1.2M (revenue -4.4% year-over-year).
- 2015: Revenue of $900K, expenses of $656K, and assets of $1.4M (revenue +35.1% year-over-year).
- 2014: Revenue of $666K, expenses of $530K, and assets of $1.4M (revenue -20.1% year-over-year).
- 2013: Revenue of $833K, expenses of $585K, and assets of $1.8M (revenue +10.9% year-over-year).
- 2012: Revenue of $751K, expenses of $720K, and assets of $1.5M (revenue +49.3% year-over-year).
- 2011: Revenue of $503K, expenses of $623K, and assets of $1.5M.
Data Sources and Methodology
This transparency report for 101 Foundation Inc 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.