Argus Fund
Argus Fund consistently operates at a deficit, drawing on substantial assets while reporting no officer compensation.
EIN: 205045447 · Doylestown, PA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $1.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $17 |
| Net Assets | $17.2M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Argus Fund Form 990, Revenue, CEO Pay, and IRS Filing Signals
Argus Fund is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Argus Fund in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $542K and expenses of $1.1M.
Revenue and Expenses
Argus Fund reported $542K in revenue and $1.1M in expenses, a deficit of $556K.
Executive Compensation
Top officer compensation appears as $17 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.
Is Argus Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $878K (80%) |
Across stored filings, Argus Fund shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with The Garage Community And Youth Center | Pennsylvania and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Doylestown, PA nonprofitsPhilanthropy in Pennsylvania
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Follow the Money
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Keep the Investigation Moving
Argus Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Argus Fund
Argus Fund (EIN: 205045447) is a nonprofit organization based in Doylestown, PA, classified under NTEE code T22. The organization reported total revenue of $5.5M and total assets of $17.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Argus Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Argus Fund is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $542K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-555,623 |
| Total Assets | $17.2M |
| Total Liabilities | $727 |
| Net Assets | $17.2M |
| Operating Margin | -102.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 188.5 months |
Financial Health Grade: B
In 2023, Argus Fund reported a deficit of $556K with expenses exceeding revenue, holds 188.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Argus Fund's revenue has declined at a compound annual growth rate (CAGR) of -8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.9% | +40.3% | -3.1% |
| 2022 | -63.7% | -48.9% | -1.0% |
| 2021 | +123.7% | +5.0% | +-0.0% |
| 2020 | -13.7% | +45.9% | -4.0% |
| 2019 | -36.4% | -18.3% | -7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Argus Fund 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Argus Fund allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $556K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Argus Fund consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with assets exceeding $17 million. This suggests either a fully volunteer executive leadership or that compensation is categorized differently, requiring further scrutiny to understand true administrative overhead.
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 Argus Fund's IRS 990 filings:
- Frequent operational deficits (7 out of 10 periods)
- Unusually low revenue relative to substantial assets in recent years
- 0% officer compensation reported, which may obscure true administrative costs
Strengths
The following positive indicators were identified for Argus Fund:
- Strong financial stability with substantial assets ($17,456,148) and very low liabilities ($727 in 2023)
- Consistent IRS 990 filing history, indicating transparency in reporting
- No reported officer compensation, suggesting low executive overhead if accurate
Frequently Asked Questions about Argus Fund
Is Argus Fund a legitimate charity?
Argus Fund (EIN: 205045447) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.5M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Argus Fund spend its money?
Argus Fund directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Argus Fund tax-deductible?
Argus Fund is registered as a tax-exempt nonprofit (EIN: 205045447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Argus Fund CEO make?
Argus Fund's highest-compensated officer earns $17 annually. The organization reported $5.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Argus Fund's spending goes to programs?
Argus Fund directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Argus Fund compare to similar nonprofits?
With a transparency score of 75/100 (Good), Argus Fund is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Argus Fund located?
Argus Fund is headquartered in Doylestown, Pennsylvania and files with the IRS under EIN 205045447. It is classified under NTEE code T22.
How many years of IRS 990 filings does Argus Fund have?
Argus Fund 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 $5.5M in total revenue.
How does Argus Fund cover its operational deficits?
The organization frequently reports expenses exceeding revenue, such as in 2023 where expenses were $1,098,025 against revenues of $542,402. This suggests they are likely drawing from their substantial asset base ($17,246,375 in 2023) to cover operational shortfalls.
What is the nature of the 0% officer compensation reported?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size and asset base. It warrants investigation into whether executive functions are entirely volunteer-based or if compensation is reported under different expense categories.
What are the specific program activities of Argus Fund?
Without a detailed program expense breakdown from the 990, it's difficult to ascertain the specific activities. However, the NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activities involve grantmaking or supporting other nonprofits.
Is Argus Fund's financial model sustainable given its recurring deficits?
While the organization has substantial assets ($17,456,148 latest reported), consistently operating at a deficit (7 out of 10 periods) is not sustainable long-term without a strategy to increase revenue or reduce expenses, as it depletes the asset base over time.
Filing History
IRS 990 filing history for Argus Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Argus Fund's revenue has declined by 63.1%, moving from $1.5M to $542K. Total assets decreased by 17.1% over the same period, from $20.8M to $17.2M. Total functional expenses fell by 3.5%, from $1.1M to $1.1M. In its most recent filing year (2023), Argus Fund reported a deficit of $556K, with expenses exceeding revenue. The organization holds $727 in liabilities against $17.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $542K | $1.1M | $17.2M | $727 | — | View 990 |
| 2022 | $602K | $782K | $17.8M | $1K | — | View 990 |
| 2021 | $1.7M | $1.5M | $18.0M | $2K | — | View 990 |
| 2020 | $742K | $1.5M | $18.0M | $360 | — | — |
| 2019 | $860K | $999K | $18.7M | $292 | — | View 990 |
| 2015 | $1.4M | $1.2M | $20.3M | $3K | — | View 990 |
| 2014 | $1.3M | $1.6M | $20.5M | $5K | — | View 990 |
| 2013 | $1.9M | $1.5M | $20.8M | $99 | — | View 990 |
| 2012 | $1.1M | $1.5M | $20.4M | $2K | — | View 990 |
| 2011 | $1.5M | $1.1M | $20.8M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $542K, expenses of $1.1M, and assets of $17.2M (revenue -9.9% year-over-year).
- 2022: Revenue of $602K, expenses of $782K, and assets of $17.8M (revenue -63.7% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.5M, and assets of $18.0M (revenue +123.7% year-over-year).
- 2020: Revenue of $742K, expenses of $1.5M, and assets of $18.0M (revenue -13.7% year-over-year).
- 2019: Revenue of $860K, expenses of $999K, and assets of $18.7M (revenue -36.4% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.2M, and assets of $20.3M (revenue +3.5% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.6M, and assets of $20.5M (revenue -31.8% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.5M, and assets of $20.8M (revenue +70.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.5M, and assets of $20.4M (revenue -23.5% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.1M, and assets of $20.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Argus Fund:
Data Sources and Methodology
This transparency report for Argus Fund 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.