Business For America Education Fund
EIN: 815068429 · Washington, DC · NTEE: W20
| Metric | Value |
|---|---|
| Total Revenue | $235K |
| Total Expenses | $343K |
| Net Assets | $-307,076 |
Is Business For America Education Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Business For America Education Fund
Business For America Education Fund (EIN: 815068429) is a nonprofit organization based in Washington, DC, classified under NTEE code W20. The organization reported total revenue of $235K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Business For America Education Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Business For America Education Fund is a small nonprofit that has been operating for 4 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $235K |
| Total Expenses | $343K |
| Surplus / Deficit | $-108,399 |
| Total Assets | $11K |
| Total Liabilities | $318K |
| Net Assets | $-307,076 |
| Operating Margin | -46.2% |
| Debt-to-Asset Ratio | 2798.6% |
| Months of Reserves | 0.4 months |
Financial Health Grade: D
In 2023, Business For America Education Fund reported a deficit of $108K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 2798.6% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Business For America Education Fund's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.5% | +113.0% | -90.2% |
| 2022 | +11.5% | -19.0% | +123.2% |
| 2021 | +16.9% | +13.4% | +7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Business For America Education Fund 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 Business For America Education Fund 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 $108K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2798.6%.
Frequently Asked Questions about Business For America Education Fund
Is Business For America Education Fund a legitimate charity?
Business For America Education Fund (EIN: 815068429) is a registered tax-exempt nonprofit based in Washington DC. It has 4 years of IRS 990 filings on record. Total revenue: $235K. No red flags identified. Financial health grade: D.
How does Business For America Education Fund spend its money?
Business For America Education Fund reported $235K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Business For America Education Fund tax-deductible?
Business For America Education Fund is registered as a tax-exempt nonprofit (EIN: 815068429). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Business For America Education Fund located?
Business For America Education Fund is headquartered in Washington, Washington DC and files with the IRS under EIN 815068429. It is classified under NTEE code W20.
How many years of IRS 990 filings does Business For America Education Fund have?
Business For America Education Fund has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $235K in total revenue.
Filing History
IRS 990 filing history for Business For America Education Fund showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Business For America Education Fund's revenue has grown by 37.5%, moving from $171K to $235K. Total assets decreased by 76.5% over the same period, from $48K to $11K. Total functional expenses rose by 95.8%, from $175K to $343K. In its most recent filing year (2023), Business For America Education Fund reported a deficit of $108K, with expenses exceeding revenue. The organization holds $318K in liabilities against $11K in assets (debt-to-asset ratio: 2798.6%), resulting in net assets of $-307,076.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $235K | $343K | $11K | $318K | — | — |
| 2022 | $223K | $161K | $117K | $315K | — | — |
| 2021 | $200K | $199K | $52K | $312K | — | — |
| 2020 | $171K | $175K | $48K | $309K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $235K, expenses of $343K, and assets of $11K (revenue +5.5% year-over-year).
- 2022: Revenue of $223K, expenses of $161K, and assets of $117K (revenue +11.5% year-over-year).
- 2021: Revenue of $200K, expenses of $199K, and assets of $52K (revenue +16.9% year-over-year).
- 2020: Revenue of $171K, expenses of $175K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Business For America Education Fund:
Data Sources and Methodology
This transparency report for Business For America Education 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.