Enterprise Education Foundation
Enterprise Education Foundation faces declining assets and inconsistent revenue, with a significant net loss in the latest filing.
EIN: 205493852 · Minneapolis, MN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $603K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $9.7 |
| Net Assets | $9.7M |
| Transparency Score | 60/100 |
Is Enterprise Education Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Enterprise Education Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Enterprise Education Foundation
Enterprise Education Foundation (EIN: 205493852) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code T22. The organization reported total revenue of $1.8M and total assets of $9.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Enterprise Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Enterprise Education Foundation is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2012–2024).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -165.0% | -1.4% | -8.4% |
| 2023 | +11.6% | -12.5% | -1.7% |
| 2022 | +1.7% | +43.0% | -2.8% |
| 2021 | -61.8% | -50.0% | -1.0% |
| 2020 | +63.0% | +43.3% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Enterprise Education Foundation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Enterprise Education Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its asset size ($9.7 million).
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 Enterprise Education Foundation's IRS 990 filings:
- Negative revenue of $-280,343 in the latest filing (202406 period).
- Consistent decline in assets from $11.7 million in 2012 to $9.69 million in 2024.
- Expenses frequently exceed revenue, indicating a draw on reserves in most reported periods.
- Unusual consistent reporting of $1 in liabilities across all filings.
- Inconsistent and often insufficient revenue generation over the past decade.
Strengths
The following positive indicators were identified for Enterprise Education Foundation:
- Zero officer compensation consistently reported, indicating efficient use of funds for mission.
- Long operating history with 10 filings, suggesting established presence.
- Substantial asset base of nearly $9.7 million, providing some financial cushion despite decline.
Frequently Asked Questions about Enterprise Education Foundation
Is Enterprise Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Enterprise Education Foundation (EIN: 205493852) some concerns. Mission Score: 60/100. 5 red flags identified, 3 strengths noted.
How does Enterprise Education Foundation spend its money?
Enterprise Education Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Enterprise Education Foundation tax-deductible?
Enterprise Education Foundation is registered as a tax-exempt nonprofit (EIN: 205493852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Enterprise Education Foundation CEO make?
Enterprise Education Foundation's highest-compensated officer earns $9.7 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Enterprise Education Foundation's spending goes to programs?
Enterprise Education Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Enterprise Education Foundation compare to similar nonprofits?
With a transparency score of 60/100 (Good), Enterprise Education Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Enterprise Education Foundation located?
Enterprise Education Foundation is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 205493852. It is classified under NTEE code T22.
How many years of IRS 990 filings does Enterprise Education Foundation have?
Enterprise Education Foundation has 10 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 $1.8M in total revenue.
Why did Enterprise Education Foundation report negative revenue of $-280,343 in the 202406 period?
This significant negative revenue figure is highly unusual and could indicate a major financial event, such as a large return of funds, a significant write-off, or an accounting error. Further detail from the full IRS 990 filing would be needed to understand the specific cause.
What is the reason for the consistent $1 liability reported across all filings?
Reporting a consistent $1 liability over more than a decade is highly atypical for an organization of this size. It could suggest an unusual accounting practice, a specific type of liability that remains constant, or potentially an oversight in reporting actual liabilities.
How does Enterprise Education Foundation plan to address the continuous decline in its assets?
The organization's assets have decreased from over $11.7 million in 2012 to $9.69 million in 2024. This trend suggests that expenses frequently exceed revenue, drawing down reserves. The organization needs a clear strategy to increase sustainable revenue or reduce expenses to reverse this trend.
What are the primary sources of revenue for Enterprise Education Foundation, and how diversified are they?
Given the fluctuating revenue figures, understanding the specific sources (e.g., grants, donations, program service fees) and their diversification is crucial for assessing the organization's financial stability and resilience to economic changes.
Filing History
IRS 990 filing history for Enterprise Education Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Enterprise Education Foundation's revenue has declined by 166.6%, moving from $421K to $-280,343. Total assets decreased by 17.5% over the same period, from $11.7M to $9.7M. Total functional expenses rose by 16%, from $520K to $603K. The organization holds $1 in liabilities against $9.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $-280,343 | $603K | $9.7M | $1 | — | View 990 |
| 2023 | $431K | $612K | $10.6M | $1 | — | View 990 |
| 2022 | $386K | $699K | $10.8M | $1 | — | View 990 |
| 2021 | $380K | $489K | $11.1M | $1 | — | View 990 |
| 2020 | $995K | $979K | $11.2M | $1 | — | View 990 |
| 2016 | $610K | $683K | $11.6M | $1 | — | View 990 |
| 2015 | $1.2M | $715K | $11.6M | $1 | — | View 990 |
| 2014 | $203K | $618K | $11.2M | $1 | — | View 990 |
| 2013 | $283K | $450K | $11.6M | $1 | — | View 990 |
| 2012 | $421K | $520K | $11.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $-280,343, expenses of $603K, and assets of $9.7M (revenue -165.0% year-over-year).
- 2023: Revenue of $431K, expenses of $612K, and assets of $10.6M (revenue +11.6% year-over-year).
- 2022: Revenue of $386K, expenses of $699K, and assets of $10.8M (revenue +1.7% year-over-year).
- 2021: Revenue of $380K, expenses of $489K, and assets of $11.1M (revenue -61.8% year-over-year).
- 2020: Revenue of $995K, expenses of $979K, and assets of $11.2M (revenue +63.0% year-over-year).
- 2016: Revenue of $610K, expenses of $683K, and assets of $11.6M (revenue -47.8% year-over-year).
- 2015: Revenue of $1.2M, expenses of $715K, and assets of $11.6M (revenue +475.7% year-over-year).
- 2014: Revenue of $203K, expenses of $618K, and assets of $11.2M (revenue -28.3% year-over-year).
- 2013: Revenue of $283K, expenses of $450K, and assets of $11.6M (revenue -32.6% year-over-year).
- 2012: Revenue of $421K, expenses of $520K, and assets of $11.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Enterprise Education Foundation:
Data Sources and Methodology
This transparency report for Enterprise Education 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.