Council For Investment In Education
EIN: 237215349 · Salt Lake City, UT · NTEE: Q220
| Metric | Value |
|---|---|
| Total Revenue | $59K |
| Total Expenses | $45K |
| Net Assets | $350K |
Is Council For Investment In Education Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Council For Investment In Education
Council For Investment In Education (EIN: 237215349) is a nonprofit organization based in Salt Lake City, UT, classified under NTEE code Q220. The organization reported total revenue of $59K and total assets of $286K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Council For Investment In Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Council For Investment In Education is a micro nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $45K |
| Surplus / Deficit | $-34,054 |
| Total Assets | $479K |
| Total Liabilities | $129K |
| Net Assets | $350K |
| Operating Margin | -316.0% |
| Debt-to-Asset Ratio | 26.9% |
| Months of Reserves | 128.2 months |
Financial Health Grade: B
In 2023, Council For Investment In Education reported a deficit of $34K with expenses exceeding revenue, holds 128.2 months of operating reserves (strong position), has a debt-to-asset ratio of 26.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Council For Investment In Education's revenue has declined at a compound annual growth rate (CAGR) of -12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1165.0% | +3.9% | +3.1% |
| 2022 | -88.7% | +0.6% | -7.4% |
| 2021 | -21.7% | -29.4% | +8.6% |
| 2020 | +8.5% | -3.6% | -10.0% |
| 2019 | +174.2% | +17.8% | -9.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Council For Investment In Education 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 Council For Investment In Education 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: 26.9%.
Frequently Asked Questions about Council For Investment In Education
Is Council For Investment In Education a legitimate charity?
Council For Investment In Education (EIN: 237215349) is a registered tax-exempt nonprofit based in Utah. It has 13 years of IRS 990 filings on record. Total revenue: $59K. No red flags identified. Financial health grade: B.
How does Council For Investment In Education spend its money?
Council For Investment In Education reported $59K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Council For Investment In Education tax-deductible?
Council For Investment In Education is registered as a tax-exempt nonprofit (EIN: 237215349). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Council For Investment In Education located?
Council For Investment In Education is headquartered in Salt Lake City, Utah and files with the IRS under EIN 237215349. It is classified under NTEE code Q220.
How many years of IRS 990 filings does Council For Investment In Education have?
Council For Investment In Education has 13 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 $59K in total revenue.
Filing History
IRS 990 filing history for Council For Investment In Education showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Council For Investment In Education's revenue has declined by 79.7%, moving from $53K to $11K. Total assets decreased by 39.4% over the same period, from $790K to $479K. Total functional expenses rose by 236%, from $13K to $45K. In its most recent filing year (2023), Council For Investment In Education reported a deficit of $34K, with expenses exceeding revenue. The organization holds $129K in liabilities against $479K in assets (debt-to-asset ratio: 26.9%), resulting in net assets of $350K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $45K | $479K | $129K | — | View 990 |
| 2022 | $852 | $43K | $465K | $80K | — | — |
| 2021 | $8K | $43K | $501K | $75K | — | — |
| 2020 | $10K | $61K | $462K | $1 | — | — |
| 2019 | $9K | $63K | $513K | $0 | — | View 990 |
| 2018 | $3K | $53K | $567K | $0 | — | View 990 |
| 2017 | $35 | $52K | $617K | $0 | — | View 990 |
| 2016 | $2K | $41K | $670K | $0 | — | View 990 |
| 2015 | $-216 | $26K | $712K | $0 | — | View 990 |
| 2014 | $-342 | $27K | $733K | $0 | — | View 990 |
| 2013 | $-3,352 | $23K | $761K | $0 | — | View 990 |
| 2012 | $13K | $16K | $788K | $0 | — | View 990 |
| 2011 | $53K | $13K | $790K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $45K, and assets of $479K (revenue +1165.0% year-over-year).
- 2022: Revenue of $852, expenses of $43K, and assets of $465K (revenue -88.7% year-over-year).
- 2021: Revenue of $8K, expenses of $43K, and assets of $501K (revenue -21.7% year-over-year).
- 2020: Revenue of $10K, expenses of $61K, and assets of $462K (revenue +8.5% year-over-year).
- 2019: Revenue of $9K, expenses of $63K, and assets of $513K (revenue +174.2% year-over-year).
- 2018: Revenue of $3K, expenses of $53K, and assets of $567K (revenue +9188.6% year-over-year).
- 2017: Revenue of $35, expenses of $52K, and assets of $617K (revenue -98.1% year-over-year).
- 2016: Revenue of $2K, expenses of $41K, and assets of $670K.
- 2015: Revenue of $-216, expenses of $26K, and assets of $712K.
- 2014: Revenue of $-342, expenses of $27K, and assets of $733K.
- 2013: Revenue of $-3,352, expenses of $23K, and assets of $761K (revenue -125.2% year-over-year).
- 2012: Revenue of $13K, expenses of $16K, and assets of $788K (revenue -74.9% year-over-year).
- 2011: Revenue of $53K, expenses of $13K, and assets of $790K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Council For Investment In Education:
Data Sources and Methodology
This transparency report for Council For Investment In Education 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.