Afb Special Fund Inc
Afb Special Fund Inc shows recent asset growth despite historical periods of expenses exceeding revenue.
EIN: 133532760 · Huntington, WV · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $344K |
| Total Expenses | $302K |
| Program Spending | 70% |
| Net Assets | $843K |
| Transparency Score | 75/100 |
Is Afb Special Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Afb Special Fund Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Afb Special Fund Inc
Afb Special Fund Inc (EIN: 133532760) is a nonprofit organization based in Huntington, WV. The organization reported total revenue of $344K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Afb Special Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Afb Special Fund Inc is a small nonprofit that has been operating for 37 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $324K |
| Total Expenses | $302K |
| Surplus / Deficit | +$22K |
| Total Assets | $899K |
| Total Liabilities | $56K |
| Net Assets | $843K |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 6.2% |
| Months of Reserves | 35.7 months |
Financial Health Grade: A
In 2023, Afb Special Fund Inc reported a surplus of $22K with revenue exceeding expenses, holds 35.7 months of operating reserves (strong position), has a debt-to-asset ratio of 6.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Afb Special Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.5% | +0.6% | +8.9% |
| 2022 | +6.0% | +39.6% | -5.7% |
| 2021 | -12.3% | -48.6% | -6.1% |
| 2020 | +8.0% | +7.8% | -16.3% |
| 2019 | +17.0% | +79.5% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Afb Special Fund Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Afb Special Fund Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a strong positive for minimizing administrative costs relative to its size.
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 Afb Special Fund Inc's IRS 990 filings:
- Historical periods where expenses exceeded revenue (e.g., $300,000 expenses vs. $264,262 revenue in 2022, and $418,325 expenses vs. $284,164 revenue in 2020).
- Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided data, hindering a precise efficiency assessment.
Strengths
The following positive indicators were identified for Afb Special Fund Inc:
- Consistent 0% officer compensation across all filings, indicating low executive overhead.
- Significant recent asset growth, with current assets at $1,938,514, nearly doubling from $898,692 in 2023.
- Positive trend in revenue generation over the past decade, from $158,877 in 2014 to $344,133 currently.
Frequently Asked Questions about Afb Special Fund Inc
Is Afb Special Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Afb Special Fund Inc (EIN: 133532760) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Afb Special Fund Inc spend its money?
Afb Special Fund Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Afb Special Fund Inc tax-deductible?
Afb Special Fund Inc is registered as a tax-exempt nonprofit (EIN: 133532760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Afb Special Fund Inc's spending goes to programs?
Afb Special Fund Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Afb Special Fund Inc located?
Afb Special Fund Inc is headquartered in Huntington, West Virginia and files with the IRS under EIN 133532760.
How many years of IRS 990 filings does Afb Special Fund Inc have?
Afb Special Fund Inc has 12 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 $344K in total revenue.
Is Afb Special Fund Inc a good charity?
Based on the available data, Afb Special Fund Inc appears to be a reasonably good charity, particularly due to its consistent 0% officer compensation and recent significant asset growth. However, a more detailed breakdown of program, administrative, and fundraising expenses would provide a clearer picture of its spending efficiency.
How has Afb Special Fund Inc's financial health changed over time?
Afb Special Fund Inc's financial health has shown improvement, especially with its assets nearly doubling from $898,692 in 2023 to $1,938,514 currently. While there have been periods where expenses exceeded revenue (e.g., 2022 and 2020), the overall trend in revenue has been upward, and the organization has maintained a positive asset base.
What is the trend in Afb Special Fund Inc's revenue?
Afb Special Fund Inc's revenue has generally trended upwards, from $158,877 in 2014 to $344,133 currently, indicating a growing capacity to attract funding.
Filing History
IRS 990 filing history for Afb Special Fund Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Afb Special Fund Inc's revenue has grown by 94%, moving from $167K to $324K. Total assets decreased by 3.4% over the same period, from $931K to $899K. Total functional expenses rose by 47.1%, from $205K to $302K. In its most recent filing year (2023), Afb Special Fund Inc reported a surplus of $22K, with revenue exceeding expenses. The organization holds $56K in liabilities against $899K in assets (debt-to-asset ratio: 6.2%), resulting in net assets of $843K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $324K | $302K | $899K | $56K | — | View 990 |
| 2022 | $264K | $300K | $825K | $4K | — | View 990 |
| 2021 | $249K | $215K | $874K | $18K | — | View 990 |
| 2020 | $284K | $418K | $932K | $109K | — | View 990 |
| 2019 | $263K | $388K | $1.1M | $157K | — | View 990 |
| 2018 | $225K | $216K | $1.2M | $69K | — | View 990 |
| 2017 | $221K | $230K | $678K | $3K | — | View 990 |
| 2016 | $193K | $325K | $702K | $18K | — | View 990 |
| 2015 | $181K | $150K | $834K | $18K | — | View 990 |
| 2014 | $159K | $320K | $803K | $18K | — | View 990 |
| 2013 | $137K | $100K | $967K | $21K | — | View 990 |
| 2012 | $167K | $205K | $931K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $324K, expenses of $302K, and assets of $899K (revenue +22.5% year-over-year).
- 2022: Revenue of $264K, expenses of $300K, and assets of $825K (revenue +6.0% year-over-year).
- 2021: Revenue of $249K, expenses of $215K, and assets of $874K (revenue -12.3% year-over-year).
- 2020: Revenue of $284K, expenses of $418K, and assets of $932K (revenue +8.0% year-over-year).
- 2019: Revenue of $263K, expenses of $388K, and assets of $1.1M (revenue +17.0% year-over-year).
- 2018: Revenue of $225K, expenses of $216K, and assets of $1.2M (revenue +1.9% year-over-year).
- 2017: Revenue of $221K, expenses of $230K, and assets of $678K (revenue +14.5% year-over-year).
- 2016: Revenue of $193K, expenses of $325K, and assets of $702K (revenue +6.4% year-over-year).
- 2015: Revenue of $181K, expenses of $150K, and assets of $834K (revenue +14.1% year-over-year).
- 2014: Revenue of $159K, expenses of $320K, and assets of $803K (revenue +16.1% year-over-year).
- 2013: Revenue of $137K, expenses of $100K, and assets of $967K (revenue -18.0% year-over-year).
- 2012: Revenue of $167K, expenses of $205K, and assets of $931K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Afb Special Fund Inc:
Data Sources and Methodology
This transparency report for Afb Special Fund 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.