2301 W San Bernardino Ave Investment Group Inc
2301 W San Bernardino Ave Investment Group Inc shows significant asset and revenue growth with no reported officer compensation.
EIN: 202834066 · Juneau, AK · NTEE: S47 · Updated: 2026-03-28
Is 2301 W San Bernardino Ave Investment Group Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
2301 W San Bernardino Ave Investment Group Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 2301 W San Bernardino Ave Investment Group Inc
2301 W San Bernardino Ave Investment Group Inc (EIN: 202834066) is a nonprofit organization based in Juneau, AK, classified under NTEE code S47. The organization reported total revenue of $15.6M and total assets of $248.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 2301 W San Bernardino Ave Investment Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
2301 W San Bernardino Ave Investment Group Inc is a large nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.7M |
| Total Expenses | $6.2M |
| Surplus / Deficit | +$2.5M |
| Total Assets | $267.6M |
| Total Liabilities | $51.6M |
| Net Assets | $216.0M |
| Operating Margin | 28.8% |
| Debt-to-Asset Ratio | 19.3% |
| Months of Reserves | 517.0 months |
Financial Health Grade: A
In 2023, 2301 W San Bernardino Ave Investment Group Inc reported a surplus of $2.5M with revenue exceeding expenses, holds 517.0 months of operating reserves (strong position), has a debt-to-asset ratio of 19.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), 2301 W San Bernardino Ave Investment Group Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.1% | +50.9% | -3.1% |
| 2022 | +2.7% | +31.3% | +29.6% |
| 2021 | +2.3% | +4.1% | +94.7% |
| 2020 | -0.9% | +0.7% | +11.5% |
| 2019 | +26.2% | +4.3% | +9.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 2301 W San Bernardino Ave Investment Group Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, 2301 W San Bernardino Ave Investment Group Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 19.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity with assets exceeding $267 million and annual revenues of $8.7 million, suggesting executive functions may be uncompensated or compensated through non-officer roles or related entities.
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 2301 W San Bernardino Ave Investment Group Inc's IRS 990 filings:
- Consistent 0% officer compensation despite significant assets and revenue, raising questions about executive compensation transparency.
- Reported $0 expenses for multiple years (2014-2016) which is highly unusual for an active organization with reported revenue.
Strengths
The following positive indicators were identified for 2301 W San Bernardino Ave Investment Group Inc:
- Exceptional asset growth, from $76.8 million in 2014 to $267.5 million in 2023, indicating strong financial management.
- Consistent revenue growth, particularly in recent years, demonstrating increasing financial capacity.
- Low liability-to-asset ratio, with liabilities at $51.6 million against $267.5 million in assets in 2023, suggesting financial stability.
Frequently Asked Questions about 2301 W San Bernardino Ave Investment Group Inc
Is 2301 W San Bernardino Ave Investment Group Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 2301 W San Bernardino Ave Investment Group Inc (EIN: 202834066) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does 2301 W San Bernardino Ave Investment Group Inc spend its money?
2301 W San Bernardino Ave Investment Group Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to 2301 W San Bernardino Ave Investment Group Inc tax-deductible?
2301 W San Bernardino Ave Investment Group Inc is registered as a tax-exempt nonprofit (EIN: 202834066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does 2301 W San Bernardino Ave Investment Group Inc manage executive functions without reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation, which is highly unusual for an organization of this size. This could indicate a volunteer-led executive team, compensation through a related entity, or that key personnel are classified in non-officer roles. Further inquiry into their operational structure and compensation policies would be necessary to understand this fully.
What is the primary use of the significant assets accumulated by the organization?
With assets growing from $76.8 million in 2014 to $267.5 million in 2023, and an NTEE code of S47 (Community Development Financial Institutions), it is highly probable that these assets are primarily used for investments, loans, and other financial instruments to support community development initiatives, rather than direct program expenses in the traditional sense.
Why were expenses reported as $0 in 2014, 2015, and 2016?
The filings for 2014, 2015, and 2016 show $0 in reported expenses. This is highly unusual and suggests either an error in reporting, a very specific accounting method where certain operational costs are not categorized as 'expenses' on the 990, or that the organization was in a very early or dormant phase of its primary activities during those years, despite reporting revenue.
Filing History
IRS 990 filing history for 2301 W San Bernardino Ave Investment Group Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), 2301 W San Bernardino Ave Investment Group Inc's revenue has grown by 379.2%, moving from $1.8M to $8.7M. Total assets increased by 572.3% over the same period, from $39.8M to $267.6M. In its most recent filing year (2023), 2301 W San Bernardino Ave Investment Group Inc reported a surplus of $2.5M, with revenue exceeding expenses. The organization holds $51.6M in liabilities against $267.6M in assets (debt-to-asset ratio: 19.3%), resulting in net assets of $216.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.7M | $6.2M | $267.6M | $51.6M | — | — |
| 2022 | $5.7M | $4.1M | $276.1M | $76.6M | — | View 990 |
| 2021 | $5.5M | $3.1M | $212.9M | $27.0M | — | View 990 |
| 2020 | $5.4M | $3.0M | $109.4M | $27.8M | — | — |
| 2019 | $5.5M | $3.0M | $98.1M | $28.6M | — | View 990 |
| 2018 | $4.3M | $2.9M | $89.3M | $29.1M | — | View 990 |
| 2017 | $4.8M | $2.9M | $87.4M | $29.7M | — | View 990 |
| 2016 | $1.0M | $0 | $81.1M | $30.3M | — | View 990 |
| 2015 | $1.0M | $0 | $78.3M | $30.7M | — | View 990 |
| 2014 | $1.0M | $0 | $76.8M | $31.2M | — | View 990 |
| 2013 | $832K | $0 | $64.0M | $31.8M | — | View 990 |
| 2012 | $1.7M | $0 | $63.3M | $159K | — | View 990 |
| 2011 | $1.9M | $0 | $62.3M | $109K | — | View 990 |
| 2010 | $1.8M | $0 | $39.8M | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.7M, expenses of $6.2M, and assets of $267.6M (revenue +53.1% year-over-year).
- 2022: Revenue of $5.7M, expenses of $4.1M, and assets of $276.1M (revenue +2.7% year-over-year).
- 2021: Revenue of $5.5M, expenses of $3.1M, and assets of $212.9M (revenue +2.3% year-over-year).
- 2020: Revenue of $5.4M, expenses of $3.0M, and assets of $109.4M (revenue -0.9% year-over-year).
- 2019: Revenue of $5.5M, expenses of $3.0M, and assets of $98.1M (revenue +26.2% year-over-year).
- 2018: Revenue of $4.3M, expenses of $2.9M, and assets of $89.3M (revenue -10.6% year-over-year).
- 2017: Revenue of $4.8M, expenses of $2.9M, and assets of $87.4M (revenue +365.1% year-over-year).
- 2016: Revenue of $1.0M, expenses of $0, and assets of $81.1M (revenue +0.4% year-over-year).
- 2015: Revenue of $1.0M, expenses of $0, and assets of $78.3M (revenue +0.2% year-over-year).
- 2014: Revenue of $1.0M, expenses of $0, and assets of $76.8M (revenue +24.6% year-over-year).
- 2013: Revenue of $832K, expenses of $0, and assets of $64.0M (revenue -51.5% year-over-year).
- 2012: Revenue of $1.7M, expenses of $0, and assets of $63.3M (revenue -9.7% year-over-year).
- 2011: Revenue of $1.9M, expenses of $0, and assets of $62.3M (revenue +4.4% year-over-year).
- 2010: Revenue of $1.8M, expenses of $0, and assets of $39.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 2301 W San Bernardino Ave Investment Group Inc:
Data Sources and Methodology
This transparency report for 2301 W San Bernardino Ave Investment Group 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.