Akamai Foundation Inc
EIN: 43530777 · Cambridge, MA · NTEE: T21
| Metric | Value |
|---|---|
| Total Revenue | $25.2M |
| Total Expenses | $3.8M |
| Net Assets | $64.1M |
Is Akamai Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Akamai Foundation Inc
Akamai Foundation Inc (EIN: 43530777) is a nonprofit organization based in Cambridge, MA, classified under NTEE code T21. The organization reported total revenue of $25.2M and total assets of $62.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Akamai Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Akamai Foundation Inc is a large nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -105.4% | +50.9% | -5.6% |
| 2021 | -67.3% | -16.0% | +6.6% |
| 2020 | +3918.2% | +126.9% | +36.9% |
| 2019 | +89.8% | +156.2% | +6835.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Akamai Foundation Inc 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 Akamai Foundation Inc 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 (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Akamai Foundation Inc
Is Akamai Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Akamai Foundation Inc (EIN: 43530777) insufficient data. 0 red flags identified, 0 strengths noted.
How does Akamai Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Akamai Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Akamai Foundation Inc tax-deductible?
Akamai Foundation Inc is registered as a tax-exempt nonprofit (EIN: 43530777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Akamai Foundation Inc located?
Akamai Foundation Inc is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 43530777. It is classified under NTEE code T21.
How many years of IRS 990 filings does Akamai Foundation Inc have?
Akamai Foundation Inc 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 $25.2M in total revenue.
Filing History
IRS 990 filing history for Akamai Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Akamai Foundation Inc's revenue has declined by 534.8%, moving from $67K to $-293,182. Total assets increased by 3045.1% over the same period, from $2.0M to $64.1M. Total functional expenses rose by 836.6%, from $409K to $3.8M. The organization holds $1 in liabilities against $64.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $64.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-293,182 | $3.8M | $64.1M | $1 | — | — |
| 2022 | $-375,681 | $3.7M | $68.2M | $1 | — | View 990 |
| 2021 | $6.9M | $2.4M | $72.2M | $1 | — | View 990 |
| 2020 | $21.2M | $2.9M | $67.7M | $1 | — | — |
| 2019 | $527K | $1.3M | $49.5M | $1 | — | View 990 |
| 2015 | $278K | $498K | $713K | $0 | — | View 990 |
| 2014 | $191K | $419K | $933K | $1 | — | View 990 |
| 2013 | $254K | $388K | $1.7M | $1 | — | View 990 |
| 2012 | $126K | $376K | $1.9M | $1 | — | View 990 |
| 2011 | $67K | $409K | $2.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-293,182, expenses of $3.8M, and assets of $64.1M.
- 2022: Revenue of $-375,681, expenses of $3.7M, and assets of $68.2M (revenue -105.4% year-over-year).
- 2021: Revenue of $6.9M, expenses of $2.4M, and assets of $72.2M (revenue -67.3% year-over-year).
- 2020: Revenue of $21.2M, expenses of $2.9M, and assets of $67.7M (revenue +3918.2% year-over-year).
- 2019: Revenue of $527K, expenses of $1.3M, and assets of $49.5M (revenue +89.8% year-over-year).
- 2015: Revenue of $278K, expenses of $498K, and assets of $713K (revenue +45.4% year-over-year).
- 2014: Revenue of $191K, expenses of $419K, and assets of $933K (revenue -24.9% year-over-year).
- 2013: Revenue of $254K, expenses of $388K, and assets of $1.7M (revenue +101.6% year-over-year).
- 2012: Revenue of $126K, expenses of $376K, and assets of $1.9M (revenue +86.9% year-over-year).
- 2011: Revenue of $67K, expenses of $409K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Akamai Foundation Inc:
Data Sources and Methodology
This transparency report for Akamai 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.