Byron Fellowship Educational Foundation Inc
Byron Fellowship Educational Foundation Inc shows strong financial growth and efficiency with minimal expenses and no reported officer compensation.
EIN: 201446511 · Matthews, NC · NTEE: B82 · Updated: 2026-03-28
Is Byron Fellowship Educational Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Byron Fellowship Educational Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Byron Fellowship Educational Foundation Inc
Byron Fellowship Educational Foundation Inc (EIN: 201446511) is a nonprofit organization based in Matthews, NC, classified under NTEE code B82. The organization reported total revenue of $1.7M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Byron Fellowship Educational Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Byron Fellowship Educational Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $222K |
| Surplus / Deficit | +$903K |
| Total Assets | $2.2M |
| Total Liabilities | $1 |
| Net Assets | $2.2M |
| Operating Margin | 80.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 116.5 months |
Financial Health Grade: A
In 2023, Byron Fellowship Educational Foundation Inc reported a surplus of $903K with revenue exceeding expenses, holds 116.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2023), Byron Fellowship Educational Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +231.4% | +76.0% | +72.4% |
| 2022 | +19.8% | +0.6% | +20.6% |
| 2021 | +24.2% | -32.3% | +18.1% |
| 2020 | -35.8% | +58.1% | +5.2% |
| 2019 | +41.2% | +88.4% | +266.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Byron Fellowship Educational Foundation Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Byron Fellowship Educational Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $903K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation, which is highly favorable for a nonprofit of its size with assets exceeding $3 million.
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 Byron Fellowship Educational Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown on 990s makes it difficult to precisely allocate spending between programs, admin, and fundraising without further information.
Strengths
The following positive indicators were identified for Byron Fellowship Educational Foundation Inc:
- Strong financial growth with revenue increasing from $252,031 to $1,125,100 and assets from $227,491 to $2,151,909 over eight years.
- Extremely low expenses relative to revenue, indicating high operational efficiency (e.g., $221,711 expenses vs. $1,125,100 revenue in 202312).
- No reported officer compensation, suggesting volunteer leadership or highly efficient compensation structures.
- Minimal liabilities ($1 across all filings), indicating a very healthy balance sheet and low financial risk.
- Consistent asset growth, building a strong financial foundation for future programs.
Frequently Asked Questions about Byron Fellowship Educational Foundation Inc
Is Byron Fellowship Educational Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Byron Fellowship Educational Foundation Inc (EIN: 201446511) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Byron Fellowship Educational Foundation Inc spend its money?
Byron Fellowship Educational Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Byron Fellowship Educational Foundation Inc tax-deductible?
Byron Fellowship Educational Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201446511). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Byron Fellowship Educational Foundation Inc a good charity?
Based on its IRS 990 data, Byron Fellowship Educational Foundation Inc appears to be a very good charity. It demonstrates strong financial health, significant asset growth, and extremely low expenses relative to its revenue, indicating efficient use of funds. The absence of reported officer compensation is also a positive indicator of its commitment to its mission.
How has the organization's financial health changed over time?
The organization has experienced substantial financial growth. Revenue increased from $252,031 in 201512 to $1,125,100 in 202312, and assets grew from $227,491 to $2,151,909 over the same period, indicating robust and sustained financial development.
What is the organization's spending efficiency?
The organization exhibits very high spending efficiency. For example, in 202312, expenses were only $221,711 against $1,125,100 in revenue, meaning a large portion of its income is retained or directly supports its mission rather than being consumed by operational costs.
Filing History
IRS 990 filing history for Byron Fellowship Educational Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Byron Fellowship Educational Foundation Inc's revenue has grown by 346.4%, moving from $252K to $1.1M. Total assets increased by 845.9% over the same period, from $227K to $2.2M. Total functional expenses rose by 257.1%, from $62K to $222K. In its most recent filing year (2023), Byron Fellowship Educational Foundation Inc reported a surplus of $903K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $222K | $2.2M | $1 | — | — |
| 2022 | $340K | $126K | $1.2M | $1 | — | View 990 |
| 2021 | $284K | $125K | $1.0M | $1 | — | View 990 |
| 2020 | $228K | $185K | $877K | $1 | — | View 990 |
| 2019 | $356K | $117K | $833K | $1 | — | — |
| 2015 | $252K | $62K | $227K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $222K, and assets of $2.2M (revenue +231.4% year-over-year).
- 2022: Revenue of $340K, expenses of $126K, and assets of $1.2M (revenue +19.8% year-over-year).
- 2021: Revenue of $284K, expenses of $125K, and assets of $1.0M (revenue +24.2% year-over-year).
- 2020: Revenue of $228K, expenses of $185K, and assets of $877K (revenue -35.8% year-over-year).
- 2019: Revenue of $356K, expenses of $117K, and assets of $833K (revenue +41.2% year-over-year).
- 2015: Revenue of $252K, expenses of $62K, and assets of $227K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Byron Fellowship Educational Foundation Inc:
Data Sources and Methodology
This transparency report for Byron Fellowship Educational 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.