Common Defense Education Fund Inc
EIN: 871262978 · New York, NY · NTEE: W30
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $2.0M |
| Net Assets | $-65,071 |
Is Common Defense Education Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Common Defense Education Fund Inc
Common Defense Education Fund Inc (EIN: 871262978) is a nonprofit organization based in New York, NY, classified under NTEE code W30. The organization reported total revenue of $4.5M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Common Defense Education Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Common Defense Education Fund Inc is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 65.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-34,404 |
| Total Assets | $122K |
| Total Liabilities | $187K |
| Net Assets | $-65,071 |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 153.3% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2023, Common Defense Education Fund Inc reported a deficit of $34K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 153.3% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Common Defense Education Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 65.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.9% | +156.8% | -75.8% |
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 Common Defense Education Fund Inc 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 Common Defense Education Fund Inc 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 $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 153.3%.
Frequently Asked Questions about Common Defense Education Fund Inc
Is Common Defense Education Fund Inc a legitimate charity?
Common Defense Education Fund Inc (EIN: 871262978) is a registered tax-exempt nonprofit based in New York. It has 2 years of IRS 990 filings on record. Total revenue: $4.5M. No red flags identified. Financial health grade: D.
How does Common Defense Education Fund Inc spend its money?
Common Defense Education Fund Inc reported $4.5M in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Common Defense Education Fund Inc tax-deductible?
Common Defense Education Fund Inc is registered as a tax-exempt nonprofit (EIN: 871262978). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Common Defense Education Fund Inc located?
Common Defense Education Fund Inc is headquartered in New York, New York and files with the IRS under EIN 871262978. It is classified under NTEE code W30.
How many years of IRS 990 filings does Common Defense Education Fund Inc have?
Common Defense Education Fund Inc has 2 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 $4.5M in total revenue.
Filing History
IRS 990 filing history for Common Defense Education Fund Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Common Defense Education Fund Inc's revenue has grown by 65.9%, moving from $1.2M to $1.9M. Total assets decreased by 75.8% over the same period, from $504K to $122K. Total functional expenses rose by 156.8%, from $761K to $2.0M. In its most recent filing year (2023), Common Defense Education Fund Inc reported a deficit of $34K, with expenses exceeding revenue. The organization holds $187K in liabilities against $122K in assets (debt-to-asset ratio: 153.3%), resulting in net assets of $-65,071.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.0M | $122K | $187K | — | — |
| 2022 | $1.2M | $761K | $504K | $108K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Common Defense Education Fund Inc:
Data Sources and Methodology
This transparency report for Common Defense Education Fund 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.