Ethiopian Development Network Inc
Ethiopian Development Network Inc reports $0 revenue and assets, raising questions about its current operational status.
EIN: 10884533 · Provo, UT · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $8K |
| Program Spending | 100% |
| CEO/Top Officer Pay | $323,759. |
| Net Assets | $331K |
| Transparency Score | 40/100 |
Is Ethiopian Development Network Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ethiopian Development Network Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ethiopian Development Network Inc
Ethiopian Development Network Inc (EIN: 10884533) is a nonprofit organization based in Provo, UT, classified under NTEE code Q33. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ethiopian Development Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ethiopian Development Network Inc is a small nonprofit that has been operating for 19 years.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $324K |
| Total Expenses | $8K |
| Surplus / Deficit | +$316K |
| Total Assets | $331K |
| Net Assets | $331K |
| Operating Margin | 97.7% |
| Months of Reserves | 523.8 months |
Financial Health Grade: A
In 2014, Ethiopian Development Network Inc reported a surplus of $316K with revenue exceeding expenses, holds 523.8 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Ethiopian Development Network 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, Ethiopian Development Network 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $316K, with revenue exceeding expenses.
Executive Compensation Analysis
In the 2014 filing, officer compensation was reported as 0%, suggesting a volunteer-led organization or that compensation was not a significant expense at that time relative to the organization's revenue of $323,759.
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 Ethiopian Development Network Inc's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential inactivity or dissolution.
- Only one filing (2014) available, making it difficult to assess long-term trends or current financial health.
- Significant discrepancy between 2014 financials and current reported $0 status.
Strengths
The following positive indicators were identified for Ethiopian Development Network Inc:
- In 2014, the organization demonstrated extremely low expenses ($7,582) relative to its revenue ($323,759), suggesting high efficiency in resource management during that period.
- Zero officer compensation reported in 2014, indicating a potentially volunteer-driven leadership.
Frequently Asked Questions about Ethiopian Development Network Inc
Is Ethiopian Development Network Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ethiopian Development Network Inc (EIN: 10884533) significant concerns. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
How does Ethiopian Development Network Inc spend its money?
Ethiopian Development Network Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ethiopian Development Network Inc tax-deductible?
Ethiopian Development Network Inc is registered as a tax-exempt nonprofit (EIN: 10884533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ethiopian Development Network Inc CEO make?
Ethiopian Development Network Inc's highest-compensated officer earns $323,759. annually. Executive compensation data is disclosed in IRS 990 filings.
How does Ethiopian Development Network Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Ethiopian Development Network Inc is near average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ethiopian Development Network Inc located?
Ethiopian Development Network Inc is headquartered in Provo, Utah and files with the IRS under EIN 10884533. It is classified under NTEE code Q33.
Is Ethiopian Development Network Inc still operational given its latest $0 revenue and assets?
The latest reported financial data of $0 revenue and assets strongly suggests the organization may no longer be operational or is in a dormant state. Further investigation beyond the IRS 990 filings would be needed to confirm its current status.
What caused the significant drop from $323,759 in revenue in 2014 to $0 currently?
The IRS 990 data alone does not provide the reason for this drastic change. It could be due to a change in mission, cessation of activities, or a failure to file updated information if it is still active.
How did the organization manage to have only $7,582 in expenses against $323,759 in revenue in 2014?
This indicates a very high efficiency in fundraising or a significant portion of the revenue was restricted for future projects, leading to a large surplus that built up its assets to $330,963.
Filing History
IRS 990 filing history for Ethiopian Development Network Inc showing financial trends over 1 year of public records:
In its most recent filing year (2014), Ethiopian Development Network Inc reported a surplus of $316K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $324K | $8K | $331K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ethiopian Development Network Inc:
Data Sources and Methodology
This transparency report for Ethiopian Development Network 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.