Eve S Fund For Native American Health Initiatives
Eve S Fund maintains strong asset growth and zero officer compensation amidst fluctuating revenues.
EIN: 203008753 · Newport, RI · NTEE: E70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Total Expenses | $54K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $840,000. |
| Net Assets | $733K |
| Transparency Score | 92/100 |
Is Eve S Fund For Native American Health Initiatives Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eve S Fund For Native American Health Initiatives directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eve S Fund For Native American Health Initiatives
Eve S Fund For Native American Health Initiatives (EIN: 203008753) is a nonprofit organization based in Newport, RI, classified under NTEE code E70. The organization reported total revenue of $187K and total assets of $843K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eve S Fund For Native American Health Initiatives's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eve S Fund For Native American Health Initiatives is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $93K |
| Total Expenses | $54K |
| Surplus / Deficit | +$39K |
| Total Assets | $736K |
| Total Liabilities | $3K |
| Net Assets | $733K |
| Operating Margin | 41.7% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 163.3 months |
Financial Health Grade: A
In 2023, Eve S Fund For Native American Health Initiatives reported a surplus of $39K with revenue exceeding expenses, holds 163.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eve S Fund For Native American Health Initiatives's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.6% | -4.0% | +8.2% |
| 2022 | -78.5% | +42.6% | -3.8% |
| 2021 | +551.1% | -19.5% | +179.1% |
| 2020 | -27.3% | -30.1% | +11.0% |
| 2019 | +5.4% | +8.5% | +16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Eve S Fund For Native American Health Initiatives with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Eve S Fund For Native American Health Initiatives allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with assets growing to over $840,000.
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 Eve S Fund For Native American Health Initiatives's IRS 990 filings:
- Significant revenue volatility, particularly the spike in 2021, could indicate reliance on a few large donors or grants, posing a potential risk to long-term revenue stability if not diversified.
Strengths
The following positive indicators were identified for Eve S Fund For Native American Health Initiatives:
- Consistent asset growth, from $125,377 in 2014 to $842,910 currently, demonstrates strong financial management and stability.
- 0% officer compensation reported across all filings indicates exceptional efficiency and dedication of funds to the mission.
- Consistent operation with a surplus (revenue exceeding expenses in most periods) contributes to financial health and sustainability.
- Low liabilities relative to assets, such as $3,000 in liabilities against $736,133 in assets in 2023, indicates a healthy balance sheet.
- Strong program focus implied by low overhead and no executive compensation, maximizing impact per dollar donated.
Frequently Asked Questions about Eve S Fund For Native American Health Initiatives
Is Eve S Fund For Native American Health Initiatives a legitimate charity?
Based on AI analysis of IRS 990 filings, Eve S Fund For Native American Health Initiatives (EIN: 203008753) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Eve S Fund For Native American Health Initiatives spend its money?
Eve S Fund For Native American Health Initiatives directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eve S Fund For Native American Health Initiatives tax-deductible?
Eve S Fund For Native American Health Initiatives is registered as a tax-exempt nonprofit (EIN: 203008753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Eve S Fund For Native American Health Initiatives CEO make?
Eve S Fund For Native American Health Initiatives's highest-compensated officer earns $840,000. annually. The organization reported $187K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Eve S Fund For Native American Health Initiatives's spending goes to programs?
Eve S Fund For Native American Health Initiatives directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eve S Fund For Native American Health Initiatives compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Eve S Fund For Native American Health Initiatives is above average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eve S Fund For Native American Health Initiatives located?
Eve S Fund For Native American Health Initiatives is headquartered in Newport, Rhode Island and files with the IRS under EIN 203008753. It is classified under NTEE code E70.
How many years of IRS 990 filings does Eve S Fund For Native American Health Initiatives have?
Eve S Fund For Native American Health Initiatives has 13 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 $187K in total revenue.
Is Eve S Fund For Native American Health Initiatives a good charity?
Based on the financial data, the Eve S Fund appears to be a very good charity. It demonstrates strong financial health with growing assets, consistently operates with a surplus, and most notably, reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, with assets growing from $125,377 in 2014 to $842,910 currently. While revenue has fluctuated, expenses have generally been well-managed, leading to consistent asset accumulation.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This suggests a volunteer-led or very lean leadership structure, maximizing funds for program delivery.
Why did revenue spike in 2021?
Revenue spiked to $482,033 in 2021 from $74,033 in 2020. While the specific reason isn't detailed in the provided data, such a significant increase often indicates a large one-time grant, a major fundraising campaign, or a substantial individual donation during that period.
How efficient is the Eve S Fund in its spending?
The Eve S Fund appears highly efficient in its spending. With 0% officer compensation and consistent surpluses, a very high proportion of its expenses are likely directed towards program services, indicating minimal overhead and strong mission focus.
Filing History
IRS 990 filing history for Eve S Fund For Native American Health Initiatives showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eve S Fund For Native American Health Initiatives's revenue has grown by 8%, moving from $86K to $93K. Total assets increased by 703.5% over the same period, from $92K to $736K. Total functional expenses rose by 16.5%, from $46K to $54K. In its most recent filing year (2023), Eve S Fund For Native American Health Initiatives reported a surplus of $39K, with revenue exceeding expenses. The organization holds $3K in liabilities against $736K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $733K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $93K | $54K | $736K | $3K | — | View 990 |
| 2022 | $104K | $56K | $680K | $5K | — | View 990 |
| 2021 | $482K | $40K | $707K | $15K | — | View 990 |
| 2020 | $74K | $49K | $253K | $397 | — | View 990 |
| 2019 | $102K | $70K | $228K | $167 | — | View 990 |
| 2018 | $97K | $65K | $196K | $0 | — | View 990 |
| 2017 | $76K | $53K | $166K | $2K | — | View 990 |
| 2016 | $65K | $59K | $142K | $650 | — | View 990 |
| 2015 | $70K | $56K | $137K | $2K | — | View 990 |
| 2014 | $84K | $73K | $125K | $3K | — | View 990 |
| 2013 | $88K | $77K | $113K | $2K | — | View 990 |
| 2012 | $70K | $59K | $101K | $537 | — | View 990 |
| 2011 | $86K | $46K | $92K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $93K, expenses of $54K, and assets of $736K (revenue -10.6% year-over-year).
- 2022: Revenue of $104K, expenses of $56K, and assets of $680K (revenue -78.5% year-over-year).
- 2021: Revenue of $482K, expenses of $40K, and assets of $707K (revenue +551.1% year-over-year).
- 2020: Revenue of $74K, expenses of $49K, and assets of $253K (revenue -27.3% year-over-year).
- 2019: Revenue of $102K, expenses of $70K, and assets of $228K (revenue +5.4% year-over-year).
- 2018: Revenue of $97K, expenses of $65K, and assets of $196K (revenue +26.8% year-over-year).
- 2017: Revenue of $76K, expenses of $53K, and assets of $166K (revenue +17.3% year-over-year).
- 2016: Revenue of $65K, expenses of $59K, and assets of $142K (revenue -6.7% year-over-year).
- 2015: Revenue of $70K, expenses of $56K, and assets of $137K (revenue -16.9% year-over-year).
- 2014: Revenue of $84K, expenses of $73K, and assets of $125K (revenue -5.3% year-over-year).
- 2013: Revenue of $88K, expenses of $77K, and assets of $113K (revenue +26.6% year-over-year).
- 2012: Revenue of $70K, expenses of $59K, and assets of $101K (revenue -18.8% year-over-year).
- 2011: Revenue of $86K, expenses of $46K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eve S Fund For Native American Health Initiatives:
Data Sources and Methodology
This transparency report for Eve S Fund For Native American Health Initiatives 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.