Education And Diversity Foundation
Education And Diversity Foundation faces significant financial instability with recent deficits and minimal assets.
EIN: 208449542 · Bellevue, WA · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $2.1M |
| Program Spending | 80% |
| Net Assets | $-135,690 |
| Transparency Score | 45/100 |
Is Education And Diversity Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Education And Diversity Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Education And Diversity Foundation
Education And Diversity Foundation (EIN: 208449542) is a nonprofit organization based in Bellevue, WA, classified under NTEE code P80. The organization reported total revenue of $1.7M and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education And Diversity Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education And Diversity Foundation is a mid-size nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -12.9%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-378,050 |
| Total Assets | $2K |
| Total Liabilities | $138K |
| Net Assets | $-135,690 |
| Operating Margin | -22.3% |
| Debt-to-Asset Ratio | 6850.7% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2018, Education And Diversity Foundation reported a deficit of $378K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 6850.7% (high leverage).
Financial Trends
Over 8 years of filings (2011–2018), Education And Diversity Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -53.2% | -38.9% | -99.5% |
| 2017 | +45.7% | +37.1% | +840.4% |
| 2016 | +41.8% | +41.3% | -87.5% |
| 2015 | -46.2% | -45.8% | +16567.2% |
| 2014 | +105.3% | +100.0% | -62.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Education And Diversity Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Education And Diversity Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $378K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6850.7%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filing periods, suggesting that the organization's leadership may be unpaid or compensated through other means not reflected as officer compensation, which is unusual for an organization with revenues consistently in the millions.
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 Education And Diversity Foundation's IRS 990 filings:
- Significant deficit in the latest filing period (201812) where expenses ($2,072,898) exceeded revenue ($1,694,848).
- Drastic reduction in assets from $432,577 in 2017 to $2,010 in 2018, indicating potential severe financial distress or asset liquidation.
- Consistently operating with very low or negative net income across multiple years, suggesting a lack of financial sustainability and inability to build reserves.
- Extremely low asset base ($2,010 in 2018) relative to its multi-million dollar revenue, indicating poor financial health and liquidity.
- High liabilities ($137,700 in 2018) compared to minimal assets ($2,010) in the latest filing, raising solvency concerns.
Strengths
The following positive indicators were identified for Education And Diversity Foundation:
- Consistent multi-million dollar revenue generation over several years, indicating a capacity to attract funding.
- Reported 0% officer compensation across all filings, suggesting a commitment to minimizing executive overhead.
Frequently Asked Questions about Education And Diversity Foundation
Is Education And Diversity Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Education And Diversity Foundation (EIN: 208449542) significant concerns. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
How does Education And Diversity Foundation spend its money?
Education And Diversity Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Education And Diversity Foundation tax-deductible?
Education And Diversity Foundation is registered as a tax-exempt nonprofit (EIN: 208449542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Education And Diversity Foundation's spending goes to programs?
Education And Diversity Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Education And Diversity Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Education And Diversity Foundation is near average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Education And Diversity Foundation located?
Education And Diversity Foundation is headquartered in Bellevue, Washington and files with the IRS under EIN 208449542. It is classified under NTEE code P80.
How many years of IRS 990 filings does Education And Diversity Foundation have?
Education And Diversity Foundation has 8 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 $1.7M in total revenue.
Why did the organization's assets drop from $432,577 in 2017 to $2,010 in 2018?
The drastic reduction in assets from $432,577 in 2017 to $2,010 in 2018 is a critical concern that requires further investigation into the organization's financial statements to understand the cause, such as asset sales, write-offs, or significant liabilities.
How does the organization sustain operations with such minimal assets and recurring near-zero net income?
Operating with minimal assets and frequently breaking even or incurring deficits suggests the organization relies heavily on immediate cash flow from new revenues to cover expenses, which is a high-risk financial strategy.
What is the detailed breakdown of expenses, particularly program vs. administrative costs?
Without a detailed breakdown of expenses beyond total expenses, it's difficult to assess the efficiency of spending and the proportion dedicated directly to program services versus administrative overhead.
Is the 0% officer compensation accurate, and if so, how are key leadership roles compensated?
The consistent reporting of 0% officer compensation for an organization with multi-million dollar revenues is unusual and warrants clarification on how leadership is compensated or if these roles are entirely volunteer-based.
What is the plan to address the recurring deficits and build financial reserves?
The organization's pattern of operating at a deficit, as seen in 2018, and its minimal asset base indicate a need for a clear strategy to improve financial stability and build reserves for future sustainability.
Filing History
IRS 990 filing history for Education And Diversity Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Education And Diversity Foundation's revenue has declined by 61.9%, moving from $4.5M to $1.7M. Total assets decreased by 1.3% over the same period, from $2K to $2K. Total functional expenses fell by 53.3%, from $4.4M to $2.1M. In its most recent filing year (2018), Education And Diversity Foundation reported a deficit of $378K, with expenses exceeding revenue. The organization holds $138K in liabilities against $2K in assets (debt-to-asset ratio: 6850.7%), resulting in net assets of $-135,690.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $1.7M | $2.1M | $2K | $138K | — | View 990 |
| 2017 | $3.6M | $3.4M | $433K | $190K | — | View 990 |
| 2016 | $2.5M | $2.5M | $46K | $31K | — | View 990 |
| 2015 | $1.8M | $1.7M | $367K | $363K | — | View 990 |
| 2014 | $3.3M | $3.2M | $2K | $0 | — | View 990 |
| 2013 | $1.6M | $1.6M | $6K | $30K | — | View 990 |
| 2012 | $1.0M | $1.0M | $9K | $4K | — | View 990 |
| 2011 | $4.5M | $4.4M | $2K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $1.7M, expenses of $2.1M, and assets of $2K (revenue -53.2% year-over-year).
- 2017: Revenue of $3.6M, expenses of $3.4M, and assets of $433K (revenue +45.7% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.5M, and assets of $46K (revenue +41.8% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.7M, and assets of $367K (revenue -46.2% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.2M, and assets of $2K (revenue +105.3% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $6K (revenue +52.4% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.0M, and assets of $9K (revenue -76.6% year-over-year).
- 2011: Revenue of $4.5M, expenses of $4.4M, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education And Diversity Foundation:
Data Sources and Methodology
This transparency report for Education And Diversity Foundation 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.