Aaa Fair Credit Foundation
EIN: 841411225 · Salt Lake City, UT · NTEE: P51
| Metric | Value |
|---|---|
| Total Revenue | $539K |
| Total Expenses | $536K |
| Net Assets | $903K |
Is Aaa Fair Credit Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Aaa Fair Credit Foundation
Aaa Fair Credit Foundation (EIN: 841411225) is a nonprofit organization based in Salt Lake City, UT, classified under NTEE code P51. The organization reported total revenue of $539K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aaa Fair Credit Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aaa Fair Credit Foundation is a small nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $519K |
| Total Expenses | $536K |
| Surplus / Deficit | $-16,957 |
| Total Assets | $926K |
| Total Liabilities | $23K |
| Net Assets | $903K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 20.7 months |
Financial Health Grade: B
In 2020, Aaa Fair Credit Foundation reported a deficit of $17K with expenses exceeding revenue, holds 20.7 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2020), Aaa Fair Credit Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -13.3% | -26.9% | -5.4% |
| 2019 | -31.2% | -23.2% | -11.9% |
| 2018 | -2.2% | -9.8% | -9.8% |
| 2017 | -4.2% | -13.6% | -10.9% |
| 2016 | -15.1% | -7.4% | -19.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Aaa Fair Credit Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Aaa Fair Credit Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Aaa Fair Credit Foundation
Is Aaa Fair Credit Foundation a legitimate charity?
Aaa Fair Credit Foundation (EIN: 841411225) is a registered tax-exempt nonprofit based in Utah. It has 10 years of IRS 990 filings on record. Total revenue: $539K. No red flags identified. Financial health grade: B.
How does Aaa Fair Credit Foundation spend its money?
Aaa Fair Credit Foundation reported $539K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Aaa Fair Credit Foundation tax-deductible?
Aaa Fair Credit Foundation is registered as a tax-exempt nonprofit (EIN: 841411225). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Aaa Fair Credit Foundation located?
Aaa Fair Credit Foundation is headquartered in Salt Lake City, Utah and files with the IRS under EIN 841411225. It is classified under NTEE code P51.
How many years of IRS 990 filings does Aaa Fair Credit Foundation have?
Aaa Fair Credit Foundation has 10 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 $539K in total revenue.
Filing History
IRS 990 filing history for Aaa Fair Credit Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Aaa Fair Credit Foundation's revenue has declined by 64.3%, moving from $1.5M to $519K. Total assets decreased by 56.9% over the same period, from $2.1M to $926K. Total functional expenses fell by 63%, from $1.4M to $536K. In its most recent filing year (2020), Aaa Fair Credit Foundation reported a deficit of $17K, with expenses exceeding revenue. The organization holds $23K in liabilities against $926K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $903K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $519K | $536K | $926K | $23K | — | — |
| 2019 | $599K | $734K | $979K | $59K | — | View 990 |
| 2018 | $870K | $956K | $1.1M | $56K | — | View 990 |
| 2017 | $890K | $1.1M | $1.2M | $91K | — | View 990 |
| 2016 | $929K | $1.2M | $1.4M | $73K | — | View 990 |
| 2015 | $1.1M | $1.3M | $1.7M | $108K | — | View 990 |
| 2014 | $1.3M | $1.4M | $2.0M | $144K | — | View 990 |
| 2013 | $1.4M | $1.4M | $2.2M | $253K | — | View 990 |
| 2012 | $1.5M | $1.4M | $2.3M | $240K | — | View 990 |
| 2011 | $1.5M | $1.4M | $2.1M | $228K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $519K, expenses of $536K, and assets of $926K (revenue -13.3% year-over-year).
- 2019: Revenue of $599K, expenses of $734K, and assets of $979K (revenue -31.2% year-over-year).
- 2018: Revenue of $870K, expenses of $956K, and assets of $1.1M (revenue -2.2% year-over-year).
- 2017: Revenue of $890K, expenses of $1.1M, and assets of $1.2M (revenue -4.2% year-over-year).
- 2016: Revenue of $929K, expenses of $1.2M, and assets of $1.4M (revenue -15.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.3M, and assets of $1.7M (revenue -16.4% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $2.0M (revenue -4.7% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $2.2M (revenue -9.3% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $2.3M (revenue +4.0% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.4M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aaa Fair Credit Foundation:
Data Sources and Methodology
This transparency report for Aaa Fair Credit 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.