Eco Logic Development Fund
EIN: 251704582 · Cambridge, MA · NTEE: C300
| Metric | Value |
|---|---|
| Total Revenue | $580K |
| Total Expenses | $1.0M |
| Net Assets | $507K |
Is Eco Logic Development Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eco Logic Development Fund
Eco Logic Development Fund (EIN: 251704582) is a nonprofit organization based in Cambridge, MA, classified under NTEE code C300. The organization reported total revenue of $580K and total assets of $618K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eco Logic Development Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eco Logic Development Fund is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$72K |
| Total Assets | $523K |
| Total Liabilities | $16K |
| Net Assets | $507K |
| Operating Margin | 6.7% |
| Debt-to-Asset Ratio | 3.1% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, Eco Logic Development Fund reported a surplus of $72K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eco Logic Development Fund's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +117.3% | +85.6% | +13.3% |
| 2022 | -5.8% | +6.2% | -10.7% |
| 2021 | +13.0% | +29.7% | +1.7% |
| 2020 | +15.0% | -30.9% | +16.5% |
| 2019 | -42.6% | +17.0% | -28.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eco Logic Development 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 Eco Logic Development 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 surplus of $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.1%.
Frequently Asked Questions about Eco Logic Development Fund
Is Eco Logic Development Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Eco Logic Development Fund (EIN: 251704582) insufficient data. 0 red flags identified, 0 strengths noted.
How does Eco Logic Development Fund spend its money?
Detailed spending breakdown data is not yet available for Eco Logic Development Fund. Check back for updated IRS 990 analysis.
Are donations to Eco Logic Development Fund tax-deductible?
Eco Logic Development Fund is registered as a tax-exempt nonprofit (EIN: 251704582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eco Logic Development Fund located?
Eco Logic Development Fund is headquartered in Cambridge, Massachusetts and files with the IRS under EIN 251704582. It is classified under NTEE code C300.
How many years of IRS 990 filings does Eco Logic Development Fund have?
Eco Logic Development Fund 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 $580K in total revenue.
Filing History
IRS 990 filing history for Eco Logic Development Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eco Logic Development Fund's revenue has declined by 35.8%, moving from $1.7M to $1.1M. Total assets decreased by 48.8% over the same period, from $1.0M to $523K. Total functional expenses fell by 56.1%, from $2.3M to $1.0M. In its most recent filing year (2023), Eco Logic Development Fund reported a surplus of $72K, with revenue exceeding expenses. The organization holds $16K in liabilities against $523K in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $507K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.0M | $523K | $16K | — | — |
| 2022 | $495K | $541K | $462K | $26K | — | View 990 |
| 2021 | $525K | $509K | $517K | $36K | — | View 990 |
| 2020 | $464K | $393K | $508K | $51K | — | View 990 |
| 2019 | $404K | $568K | $436K | $50K | — | View 990 |
| 2018 | $704K | $486K | $612K | $62K | — | View 990 |
| 2017 | $561K | $873K | $634K | $368K | — | View 990 |
| 2016 | $811K | $1.5M | $779K | $202K | — | View 990 |
| 2015 | $1.9M | $2.0M | $1.3M | $59K | — | View 990 |
| 2014 | $1.9M | $2.0M | $1.4M | $28K | — | View 990 |
| 2013 | $2.1M | $1.6M | $1.6M | $21K | — | View 990 |
| 2012 | $1.6M | $1.7M | $765K | $34K | — | View 990 |
| 2011 | $1.7M | $2.3M | $1.0M | $172K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.0M, and assets of $523K (revenue +117.3% year-over-year).
- 2022: Revenue of $495K, expenses of $541K, and assets of $462K (revenue -5.8% year-over-year).
- 2021: Revenue of $525K, expenses of $509K, and assets of $517K (revenue +13.0% year-over-year).
- 2020: Revenue of $464K, expenses of $393K, and assets of $508K (revenue +15.0% year-over-year).
- 2019: Revenue of $404K, expenses of $568K, and assets of $436K (revenue -42.6% year-over-year).
- 2018: Revenue of $704K, expenses of $486K, and assets of $612K (revenue +25.3% year-over-year).
- 2017: Revenue of $561K, expenses of $873K, and assets of $634K (revenue -30.8% year-over-year).
- 2016: Revenue of $811K, expenses of $1.5M, and assets of $779K (revenue -56.4% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.0M, and assets of $1.3M (revenue -1.6% year-over-year).
- 2014: Revenue of $1.9M, expenses of $2.0M, and assets of $1.4M (revenue -10.3% year-over-year).
- 2013: Revenue of $2.1M, expenses of $1.6M, and assets of $1.6M (revenue +33.0% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.7M, and assets of $765K (revenue -5.3% year-over-year).
- 2011: Revenue of $1.7M, expenses of $2.3M, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eco Logic Development Fund:
Data Sources and Methodology
This transparency report for Eco Logic Development 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.