Education Fund Of Northern Nevada
EIN: 474018195 · Reno, NV · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $604K |
| Total Expenses | $961K |
| Net Assets | $3.7M |
Is Education Fund Of Northern Nevada Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Education Fund Of Northern Nevada
Education Fund Of Northern Nevada (EIN: 474018195) is a nonprofit organization based in Reno, NV, classified under NTEE code B82. The organization reported total revenue of $604K and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Fund Of Northern Nevada's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education Fund Of Northern Nevada is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -26.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $172K |
| Total Expenses | $961K |
| Surplus / Deficit | $-788,945 |
| Total Assets | $3.7M |
| Net Assets | $3.7M |
| Operating Margin | -459.0% |
| Months of Reserves | 45.9 months |
Financial Health Grade: B
In 2023, Education Fund Of Northern Nevada reported a deficit of $789K with expenses exceeding revenue, holds 45.9 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Education Fund Of Northern Nevada's revenue has declined at a compound annual growth rate (CAGR) of -26.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.2% | +42.8% | -17.7% |
| 2022 | +20.3% | -18.9% | +17.8% |
| 2021 | +64.3% | -36.1% | +8.3% |
| 2020 | -82.6% | -57.6% | -15.0% |
| 2019 | +15.4% | -21.0% | +26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Education Fund Of Northern Nevada 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 Education Fund Of Northern Nevada 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 $789K, with expenses exceeding revenue.
Frequently Asked Questions about Education Fund Of Northern Nevada
Is Education Fund Of Northern Nevada a legitimate charity?
Education Fund Of Northern Nevada (EIN: 474018195) is a registered tax-exempt nonprofit based in Nevada. It has 9 years of IRS 990 filings on record. Total revenue: $604K. No red flags identified. Financial health grade: B.
How does Education Fund Of Northern Nevada spend its money?
Education Fund Of Northern Nevada reported $604K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Education Fund Of Northern Nevada tax-deductible?
Education Fund Of Northern Nevada is registered as a tax-exempt nonprofit (EIN: 474018195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Education Fund Of Northern Nevada located?
Education Fund Of Northern Nevada is headquartered in Reno, Nevada and files with the IRS under EIN 474018195. It is classified under NTEE code B82.
How many years of IRS 990 filings does Education Fund Of Northern Nevada have?
Education Fund Of Northern Nevada has 9 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 $604K in total revenue.
Filing History
IRS 990 filing history for Education Fund Of Northern Nevada showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Education Fund Of Northern Nevada's revenue has declined by 91%, moving from $1.9M to $172K. Total assets increased by 183.8% over the same period, from $1.3M to $3.7M. Total functional expenses rose by 56.1%, from $616K to $961K. In its most recent filing year (2023), Education Fund Of Northern Nevada reported a deficit of $789K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $961K | $3.7M | $0 | — | View 990 |
| 2022 | $1.3M | $673K | $4.5M | $0 | — | View 990 |
| 2021 | $1.1M | $830K | $3.8M | $0 | — | — |
| 2020 | $682K | $1.3M | $3.5M | $0 | — | View 990 |
| 2019 | $3.9M | $3.1M | $4.1M | $0 | — | View 990 |
| 2018 | $3.4M | $3.9M | $3.3M | $0 | — | View 990 |
| 2017 | $3.5M | $2.7M | $3.8M | $0 | — | View 990 |
| 2016 | $2.7M | $1.0M | $3.0M | $0 | — | View 990 |
| 2015 | $1.9M | $616K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $172K, expenses of $961K, and assets of $3.7M (revenue -87.2% year-over-year).
- 2022: Revenue of $1.3M, expenses of $673K, and assets of $4.5M (revenue +20.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $830K, and assets of $3.8M (revenue +64.3% year-over-year).
- 2020: Revenue of $682K, expenses of $1.3M, and assets of $3.5M (revenue -82.6% year-over-year).
- 2019: Revenue of $3.9M, expenses of $3.1M, and assets of $4.1M (revenue +15.4% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.9M, and assets of $3.3M (revenue -2.8% year-over-year).
- 2017: Revenue of $3.5M, expenses of $2.7M, and assets of $3.8M (revenue +29.1% year-over-year).
- 2016: Revenue of $2.7M, expenses of $1.0M, and assets of $3.0M (revenue +41.3% year-over-year).
- 2015: Revenue of $1.9M, expenses of $616K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education Fund Of Northern Nevada:
Data Sources and Methodology
This transparency report for Education Fund Of Northern Nevada 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.