Arizona Free Enterprise Club
Arizona Free Enterprise Club consistently reports 0% officer compensation amidst fluctuating revenues and expenses.
EIN: 202423383 · Tempe, AZ · NTEE: W20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $304K |
| Transparency Score | 85/100 |
Is Arizona Free Enterprise Club Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arizona Free Enterprise Club directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arizona Free Enterprise Club
Arizona Free Enterprise Club (EIN: 202423383) is a nonprofit organization based in Tempe, AZ, classified under NTEE code W20. The organization reported total revenue of $2.6M and total assets of $312K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arizona Free Enterprise Club's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arizona Free Enterprise Club is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$46K |
| Total Assets | $318K |
| Total Liabilities | $14K |
| Net Assets | $304K |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2023, Arizona Free Enterprise Club reported a surplus of $46K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Arizona Free Enterprise Club's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.8% | -68.9% | +16.7% |
| 2022 | +195.3% | +213.2% | +8.2% |
| 2021 | -24.6% | -32.7% | +52.2% |
| 2020 | +96.2% | +132.8% | -30.4% |
| 2019 | +6.9% | -7.0% | +63.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| 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 Arizona Free Enterprise Club 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, Arizona Free Enterprise Club 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 $46K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization with revenues often exceeding $1 million and suggests either a volunteer-led executive team or compensation structured in a way not reported as officer compensation on the 990.
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 Arizona Free Enterprise Club's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $7.8M in 2014 vs. $1.1M in 2023)
- Periods of deficit spending where expenses exceeded revenue (e.g., 2020, 2018, 2017, 2016, 2015)
Strengths
The following positive indicators were identified for Arizona Free Enterprise Club:
- Consistent reporting of 0% officer compensation, indicating strong financial transparency in this area.
- Generally lean asset base relative to revenue, suggesting efficient use of funds.
- Expenses generally track closely to revenue, indicating responsible spending within available resources.
Frequently Asked Questions about Arizona Free Enterprise Club
Is Arizona Free Enterprise Club a legitimate charity?
Arizona Free Enterprise Club (EIN: 202423383) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.6M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Arizona Free Enterprise Club spend its money?
Arizona Free Enterprise Club directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Arizona Free Enterprise Club tax-deductible?
Arizona Free Enterprise Club is registered as a tax-exempt nonprofit (EIN: 202423383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Arizona Free Enterprise Club CEO make?
Arizona Free Enterprise Club's highest-compensated officer earns $1 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Arizona Free Enterprise Club's spending goes to programs?
Arizona Free Enterprise Club directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Arizona Free Enterprise Club compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Arizona Free Enterprise Club is above average for NTEE category W20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Arizona Free Enterprise Club located?
Arizona Free Enterprise Club is headquartered in Tempe, Arizona and files with the IRS under EIN 202423383. It is classified under NTEE code W20.
How many years of IRS 990 filings does Arizona Free Enterprise Club have?
Arizona Free Enterprise Club has 14 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 $2.6M in total revenue.
How does the Arizona Free Enterprise Club manage to operate with 0% officer compensation, given its revenue levels?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that executive functions are performed by individuals compensated through other means not classified as officer compensation on the 990, or through a related entity. Further investigation into their operational model would be needed to fully understand this.
What caused the significant revenue fluctuation, such as the drop from $7,862,265 in 2014 to $1,096,050 in 2023?
The substantial swings in revenue suggest reliance on large, potentially one-time, donations or grants, or a highly variable fundraising environment. Without detailed breakdowns of funding sources, it's difficult to pinpoint the exact causes of these fluctuations.
Are the liabilities of $13,564 in 2023 and $13,809 in 2022 a concern?
Given the organization's assets of $317,675 in 2023 and $272,170 in 2022, these liability figures are relatively small and do not indicate significant financial distress. They likely represent normal operational payables.
Filing History
IRS 990 filing history for Arizona Free Enterprise Club showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Arizona Free Enterprise Club's revenue has grown by 338.2%, moving from $250K to $1.1M. Total assets increased by 496.6% over the same period, from $53K to $318K. Total functional expenses rose by 406.1%, from $208K to $1.1M. In its most recent filing year (2023), Arizona Free Enterprise Club reported a surplus of $46K, with revenue exceeding expenses. The organization holds $14K in liabilities against $318K in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $304K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $318K | $14K | — | — |
| 2022 | $3.4M | $3.4M | $272K | $14K | — | — |
| 2021 | $1.2M | $1.1M | $252K | $19K | — | View 990 |
| 2020 | $1.5M | $1.6M | $165K | $7K | — | View 990 |
| 2019 | $778K | $688K | $237K | $5K | — | — |
| 2018 | $728K | $740K | $145K | $3K | — | View 990 |
| 2017 | $544K | $652K | $161K | $6K | — | View 990 |
| 2016 | $521K | $919K | $267K | $5K | — | View 990 |
| 2015 | $414K | $502K | $663K | $3K | — | View 990 |
| 2014 | $7.9M | $7.2M | $752K | $4K | — | View 990 |
| 2013 | $288K | $203K | $107K | $3K | — | View 990 |
| 2012 | $501K | $551K | $20K | $0 | — | View 990 |
| 2011 | $219K | $201K | $73K | $3K | — | View 990 |
| 2010 | $250K | $208K | $53K | $669 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $318K (revenue -67.8% year-over-year).
- 2022: Revenue of $3.4M, expenses of $3.4M, and assets of $272K (revenue +195.3% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $252K (revenue -24.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.6M, and assets of $165K (revenue +96.2% year-over-year).
- 2019: Revenue of $778K, expenses of $688K, and assets of $237K (revenue +6.9% year-over-year).
- 2018: Revenue of $728K, expenses of $740K, and assets of $145K (revenue +33.8% year-over-year).
- 2017: Revenue of $544K, expenses of $652K, and assets of $161K (revenue +4.5% year-over-year).
- 2016: Revenue of $521K, expenses of $919K, and assets of $267K (revenue +25.7% year-over-year).
- 2015: Revenue of $414K, expenses of $502K, and assets of $663K (revenue -94.7% year-over-year).
- 2014: Revenue of $7.9M, expenses of $7.2M, and assets of $752K (revenue +2634.7% year-over-year).
- 2013: Revenue of $288K, expenses of $203K, and assets of $107K (revenue -42.6% year-over-year).
- 2012: Revenue of $501K, expenses of $551K, and assets of $20K (revenue +129.2% year-over-year).
- 2011: Revenue of $219K, expenses of $201K, and assets of $73K (revenue -12.6% year-over-year).
- 2010: Revenue of $250K, expenses of $208K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arizona Free Enterprise Club:
Data Sources and Methodology
This transparency report for Arizona Free Enterprise Club 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.