Eternal Investment Foundation Inc
Eternal Investment Foundation Inc shows declining assets and minimal revenue, operating on a very small scale.
EIN: 201964928 · Tuscaloosa, AL · NTEE: T22 · Updated: 2026-03-28
Is Eternal Investment Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eternal Investment Foundation Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eternal Investment Foundation Inc
Eternal Investment Foundation Inc (EIN: 201964928) is a nonprofit organization based in Tuscaloosa, AL, classified under NTEE code T22. The organization reported total revenue of $2K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eternal Investment Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eternal Investment Foundation Inc is a micro nonprofit that has been operating for 21 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 27.2%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $2K |
| Surplus / Deficit | $-296 |
| Total Assets | $13K |
| Total Liabilities | $1 |
| Net Assets | $13K |
| Operating Margin | -18.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 85.3 months |
Financial Health Grade: B
In 2020, Eternal Investment Foundation Inc reported a deficit of $296 with expenses exceeding revenue, holds 85.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Eternal Investment Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +29.6% | -45.8% | -2.2% |
| 2019 | +140.4% | +774.7% | -86.5% |
| 2015 | -70.7% | -75.3% | +0.1% |
| 2014 | +181.5% | +86.0% | +0.1% |
| 2013 | +85.2% | +334.3% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2005 |
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 Eternal Investment Foundation Inc with a Mission Score of 40 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Eternal Investment Foundation Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $296, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either an entirely volunteer-run structure or that any compensation is not reported in this category, which is typical for very small, all-volunteer entities.
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 Eternal Investment Foundation Inc's IRS 990 filings:
- Significant decline in assets over time (from $100,722 in 2015 to $13,338 in 2020)
- Very low and inconsistent revenue, limiting potential impact (latest revenue $2,128)
- Expenses sometimes exceed revenue (e.g., $1,876 expenses vs. $1,580 revenue in 2020), indicating potential operational deficits.
Strengths
The following positive indicators were identified for Eternal Investment Foundation Inc:
- Consistently reports minimal liabilities ($1), indicating no significant debt burden.
- Reports 0% officer compensation, suggesting a volunteer-driven model.
Frequently Asked Questions about Eternal Investment Foundation Inc
Is Eternal Investment Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eternal Investment Foundation Inc (EIN: 201964928) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
How does Eternal Investment Foundation Inc spend its money?
Eternal Investment Foundation Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eternal Investment Foundation Inc tax-deductible?
Eternal Investment Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201964928). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Eternal Investment Foundation Inc a good charity?
Based on the available data, the organization operates on a very small scale with declining assets and minimal revenue. While it reports no officer compensation, its financial capacity to achieve significant charitable impact appears limited.
Why have the assets decreased so much?
The assets decreased from over $100,000 in 2015 to $13,338 in 2020. The filings do not provide specific reasons for this decline, but it suggests significant expenditures or asset divestment without corresponding revenue generation to replenish them.
What is the primary activity of this organization?
With an NTEE code of T22 (Philanthropy, Voluntarism, and Grantmaking Foundations), its primary activity is likely grantmaking or supporting philanthropic efforts. However, its very low revenue ($2,128 in the latest filing) would severely limit its ability to engage in substantial grantmaking.
Filing History
IRS 990 filing history for Eternal Investment Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Eternal Investment Foundation Inc's revenue has grown by 772.9%, moving from $181 to $2K. Total assets decreased by 86.7% over the same period, from $101K to $13K. In its most recent filing year (2020), Eternal Investment Foundation Inc reported a deficit of $296, with expenses exceeding revenue. The organization holds $1 in liabilities against $13K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $2K | $2K | $13K | $1 | — | — |
| 2019 | $1K | $3K | $14K | $1 | — | View 990 |
| 2015 | $507 | $396 | $101K | $1 | — | View 990 |
| 2014 | $2K | $2K | $101K | $1 | — | View 990 |
| 2013 | $615 | $860 | $100K | $1 | — | View 990 |
| 2012 | $332 | $198 | $101K | $1 | — | View 990 |
| 2011 | $181 | $0 | $101K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $2K, expenses of $2K, and assets of $13K (revenue +29.6% year-over-year).
- 2019: Revenue of $1K, expenses of $3K, and assets of $14K (revenue +140.4% year-over-year).
- 2015: Revenue of $507, expenses of $396, and assets of $101K (revenue -70.7% year-over-year).
- 2014: Revenue of $2K, expenses of $2K, and assets of $101K (revenue +181.5% year-over-year).
- 2013: Revenue of $615, expenses of $860, and assets of $100K (revenue +85.2% year-over-year).
- 2012: Revenue of $332, expenses of $198, and assets of $101K (revenue +83.4% year-over-year).
- 2011: Revenue of $181, expenses of $0, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eternal Investment Foundation Inc:
Data Sources and Methodology
This transparency report for Eternal Investment Foundation Inc 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.