88 Plan
88 Plan shows consistent revenue growth and financial surpluses with no reported officer compensation.
EIN: 113805565 · Baltimore, MD · NTEE: Y43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $29.2M |
| Total Expenses | $25.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $25 |
| Net Assets | $7.7M |
| Transparency Score | 85/100 |
Is 88 Plan Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
88 Plan directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 88 Plan
88 Plan (EIN: 113805565) is a nonprofit organization based in Baltimore, MD, classified under NTEE code Y43. The organization reported total revenue of $29.2M and total assets of $11.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 88 Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
88 Plan is a large nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $25.7M |
| Total Expenses | $25.2M |
| Surplus / Deficit | +$466K |
| Total Assets | $8.2M |
| Total Liabilities | $460K |
| Net Assets | $7.7M |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 5.6% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2023, 88 Plan reported a surplus of $466K with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 5.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), 88 Plan's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.3% | +11.2% | +7.3% |
| 2022 | +13.0% | +7.2% | +10.4% |
| 2021 | -0.3% | +4.0% | -5.7% |
| 2020 | -3.7% | -3.1% | +5.6% |
| 2019 | +11.0% | +9.3% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 88 Plan 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, 88 Plan allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $466K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.6%.
Executive Compensation Analysis
88 Plan consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $25 million. This suggests either a fully volunteer executive leadership or that compensation is structured and reported differently, warranting further investigation for full transparency.
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 88 Plan's IRS 990 filings:
- Consistent 0% officer compensation for a large organization, which may obscure executive remuneration practices.
Strengths
The following positive indicators were identified for 88 Plan:
- Consistent revenue growth over a decade, from $8.3M in 2014 to $25.6M in 2023.
- Consistent financial surpluses, indicating sound financial management and sustainability.
- Strong asset growth, from $2.5M in 2014 to $8.2M in 2023, enhancing financial stability.
- Excellent compliance with IRS reporting, evidenced by 13 filings.
Frequently Asked Questions about 88 Plan
Is 88 Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, 88 Plan (EIN: 113805565) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does 88 Plan spend its money?
88 Plan directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to 88 Plan tax-deductible?
88 Plan is registered as a tax-exempt nonprofit (EIN: 113805565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the 88 Plan CEO make?
88 Plan's highest-compensated officer earns $25 annually. The organization reported $29.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of 88 Plan's spending goes to programs?
88 Plan directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 88 Plan compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), 88 Plan is above average for NTEE category Y43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 88 Plan located?
88 Plan is headquartered in Baltimore, Maryland and files with the IRS under EIN 113805565. It is classified under NTEE code Y43.
How many years of IRS 990 filings does 88 Plan have?
88 Plan has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $29.2M in total revenue.
How does 88 Plan manage to report 0% officer compensation with over $25 million in revenue?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this scale. It could indicate a volunteer-led executive team, or that executive compensation is paid through a related entity or structured in a way that is not categorized as 'officer compensation' on the IRS 990, Part VII, Section A. Further inquiry into their operational structure and compensation policies would be necessary to understand this fully.
What are the specific program activities funded by 88 Plan?
Based solely on the provided financial data, the specific program activities are not detailed. The NTEE code Y43 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests it may be involved in grantmaking or supporting other non-profits, but more information from their full 990 or website would be needed to understand their direct programmatic impact.
What is the organization's strategy for managing its growing assets and surpluses?
88 Plan has consistently generated surpluses, with assets growing from $2.5 million in 2014 to $8.2 million in 2023. This indicates a strong financial position. The strategy for managing these growing assets and surpluses is not detailed in the provided data, but it suggests a focus on building reserves, potentially for future program expansion, endowment, or to ensure long-term financial stability.
Filing History
IRS 990 filing history for 88 Plan showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), 88 Plan's revenue has grown by 403.8%, moving from $5.1M to $25.7M. Total assets increased by 434.6% over the same period, from $1.5M to $8.2M. Total functional expenses rose by 449.5%, from $4.6M to $25.2M. In its most recent filing year (2023), 88 Plan reported a surplus of $466K, with revenue exceeding expenses. The organization holds $460K in liabilities against $8.2M in assets (debt-to-asset ratio: 5.6%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $25.7M | $25.2M | $8.2M | $460K | — | View 990 |
| 2022 | $23.5M | $22.7M | $7.6M | $364K | — | View 990 |
| 2021 | $20.8M | $21.2M | $6.9M | $447K | — | — |
| 2020 | $20.9M | $20.4M | $7.3M | $498K | — | — |
| 2019 | $21.7M | $21.0M | $6.9M | $629K | — | View 990 |
| 2018 | $19.5M | $19.2M | $6.3M | $667K | — | View 990 |
| 2017 | $17.6M | $16.1M | $6.0M | $698K | — | View 990 |
| 2016 | $12.6M | $11.9M | $4.3M | $559K | — | View 990 |
| 2015 | $10.5M | $9.8M | $3.2M | $150K | — | View 990 |
| 2014 | $8.3M | $8.2M | $2.6M | $187K | — | View 990 |
| 2013 | $7.9M | $7.3M | $2.5M | $251K | — | View 990 |
| 2012 | $6.2M | $5.9M | $1.9M | $288K | — | View 990 |
| 2011 | $5.1M | $4.6M | $1.5M | $197K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $25.7M, expenses of $25.2M, and assets of $8.2M (revenue +9.3% year-over-year).
- 2022: Revenue of $23.5M, expenses of $22.7M, and assets of $7.6M (revenue +13.0% year-over-year).
- 2021: Revenue of $20.8M, expenses of $21.2M, and assets of $6.9M (revenue -0.3% year-over-year).
- 2020: Revenue of $20.9M, expenses of $20.4M, and assets of $7.3M (revenue -3.7% year-over-year).
- 2019: Revenue of $21.7M, expenses of $21.0M, and assets of $6.9M (revenue +11.0% year-over-year).
- 2018: Revenue of $19.5M, expenses of $19.2M, and assets of $6.3M (revenue +10.9% year-over-year).
- 2017: Revenue of $17.6M, expenses of $16.1M, and assets of $6.0M (revenue +39.7% year-over-year).
- 2016: Revenue of $12.6M, expenses of $11.9M, and assets of $4.3M (revenue +20.0% year-over-year).
- 2015: Revenue of $10.5M, expenses of $9.8M, and assets of $3.2M (revenue +26.3% year-over-year).
- 2014: Revenue of $8.3M, expenses of $8.2M, and assets of $2.6M (revenue +4.9% year-over-year).
- 2013: Revenue of $7.9M, expenses of $7.3M, and assets of $2.5M (revenue +27.8% year-over-year).
- 2012: Revenue of $6.2M, expenses of $5.9M, and assets of $1.9M (revenue +21.6% year-over-year).
- 2011: Revenue of $5.1M, expenses of $4.6M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 88 Plan:
Data Sources and Methodology
This transparency report for 88 Plan 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.