Basic Institute For Zonal African Advancement
EIN: 463937283 · Maple Grove, MN · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $343K |
| Total Expenses | $338K |
| Net Assets | $149K |
Is Basic Institute For Zonal African Advancement Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Basic Institute For Zonal African Advancement
Basic Institute For Zonal African Advancement (EIN: 463937283) is a nonprofit organization based in Maple Grove, MN, classified under NTEE code B82. The organization reported total revenue of $343K and total assets of $149K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Basic Institute For Zonal African Advancement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Basic Institute For Zonal African Advancement is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $335K |
| Total Expenses | $338K |
| Surplus / Deficit | $-2,081 |
| Total Assets | $149K |
| Total Liabilities | $108 |
| Net Assets | $149K |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, Basic Institute For Zonal African Advancement reported a deficit of $2K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Basic Institute For Zonal African Advancement's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.3% | +4.7% | -1.4% |
| 2022 | -14.9% | +9.7% | +6.3% |
| 2021 | +54.9% | +27.4% | +204.2% |
| 2020 | -9.5% | -28.5% | +79.7% |
| 2019 | -6.1% | +30.3% | -63.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Basic Institute For Zonal African Advancement 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 Basic Institute For Zonal African Advancement 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:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Basic Institute For Zonal African Advancement
Is Basic Institute For Zonal African Advancement a legitimate charity?
Basic Institute For Zonal African Advancement (EIN: 463937283) is a registered tax-exempt nonprofit based in Minnesota. It has 10 years of IRS 990 filings on record. Total revenue: $343K. No red flags identified. Financial health grade: B.
How does Basic Institute For Zonal African Advancement spend its money?
Basic Institute For Zonal African Advancement reported $343K 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 Basic Institute For Zonal African Advancement tax-deductible?
Basic Institute For Zonal African Advancement is registered as a tax-exempt nonprofit (EIN: 463937283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Basic Institute For Zonal African Advancement located?
Basic Institute For Zonal African Advancement is headquartered in Maple Grove, Minnesota and files with the IRS under EIN 463937283. It is classified under NTEE code B82.
How many years of IRS 990 filings does Basic Institute For Zonal African Advancement have?
Basic Institute For Zonal African Advancement 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 $343K in total revenue.
Filing History
IRS 990 filing history for Basic Institute For Zonal African Advancement showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Basic Institute For Zonal African Advancement's revenue has grown by 286.2%, moving from $87K to $335K. Total assets increased by 458.1% over the same period, from $27K to $149K. Total functional expenses rose by 461.1%, from $60K to $338K. In its most recent filing year (2023), Basic Institute For Zonal African Advancement reported a deficit of $2K, with expenses exceeding revenue. The organization holds $108 in liabilities against $149K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $149K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $335K | $338K | $149K | $108 | — | — |
| 2022 | $331K | $322K | $151K | $201 | — | View 990 |
| 2021 | $389K | $294K | $142K | $196 | — | View 990 |
| 2020 | $251K | $230K | $47K | $65 | — | View 990 |
| 2019 | $277K | $322K | $26K | $8 | — | View 990 |
| 2018 | $295K | $247K | $71K | $18 | — | View 990 |
| 2017 | $226K | $235K | $23K | $0 | — | View 990 |
| 2016 | $154K | $170K | $31K | $0 | — | View 990 |
| 2015 | $103K | $83K | $47K | $0 | — | View 990 |
| 2014 | $87K | $60K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $335K, expenses of $338K, and assets of $149K (revenue +1.3% year-over-year).
- 2022: Revenue of $331K, expenses of $322K, and assets of $151K (revenue -14.9% year-over-year).
- 2021: Revenue of $389K, expenses of $294K, and assets of $142K (revenue +54.9% year-over-year).
- 2020: Revenue of $251K, expenses of $230K, and assets of $47K (revenue -9.5% year-over-year).
- 2019: Revenue of $277K, expenses of $322K, and assets of $26K (revenue -6.1% year-over-year).
- 2018: Revenue of $295K, expenses of $247K, and assets of $71K (revenue +30.5% year-over-year).
- 2017: Revenue of $226K, expenses of $235K, and assets of $23K (revenue +46.7% year-over-year).
- 2016: Revenue of $154K, expenses of $170K, and assets of $31K (revenue +50.0% year-over-year).
- 2015: Revenue of $103K, expenses of $83K, and assets of $47K (revenue +18.4% year-over-year).
- 2014: Revenue of $87K, expenses of $60K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Basic Institute For Zonal African Advancement:
Data Sources and Methodology
This transparency report for Basic Institute For Zonal African Advancement 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.