Fairfax 2015
Fairfax 2015 experienced extreme financial volatility, including a large deficit in 2014 and a significant surplus in 2015, with no reported officer compensation.
EIN: 203562677 · Vienna, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $10.8M |
| Program Spending | 75% |
| Net Assets | $369K |
| Transparency Score | 60/100 |
Is Fairfax 2015 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fairfax 2015 directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fairfax 2015
Fairfax 2015 (EIN: 203562677) is a nonprofit organization based in Vienna, VA. 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 Fairfax 2015's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairfax 2015 is a large nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 532.8%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.3M |
| Total Expenses | $10.8M |
| Surplus / Deficit | +$583K |
| Total Assets | $636K |
| Total Liabilities | $268K |
| Net Assets | $369K |
| Operating Margin | 5.1% |
| Debt-to-Asset Ratio | 42.1% |
| Months of Reserves | 0.7 months |
Financial Health Grade: A
In 2015, Fairfax 2015 reported a surplus of $583K with revenue exceeding expenses, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 42.1% (moderate leverage).
Financial Trends
Over 5 years of filings (2011–2015), Fairfax 2015's revenue has grown at a compound annual growth rate (CAGR) of 532.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +955.8% | +452.5% | -16.2% |
| 2014 | -14.1% | +87.6% | -0.4% |
| 2013 | +183.5% | +573.5% | +154.2% |
| 2012 | +6135.1% | +64.8% | +2210.1% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fairfax 2015 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Fairfax 2015 allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $583K, with revenue exceeding expenses.
- Debt-to-asset ratio: 42.1%.
Executive Compensation Analysis
No officer compensation was reported across all five filings, indicating either a volunteer-led organization or that executive compensation is categorized differently, which could affect the clarity of leadership costs relative to the organization's fluctuating size.
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 Fairfax 2015's IRS 990 filings:
- Extreme financial volatility with significant year-over-year swings in revenue and expenses, including a large deficit in 2014.
- Discrepancy between 'Latest Revenue: $0' and 'Assets: $0' and historical filing data, raising questions about current operational status or data accuracy.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
- Significant increase in liabilities from $0 in 2012 to $973,801 in 2014, then decreasing to $267,717 in 2015, indicating potential financial instability.
Strengths
The following positive indicators were identified for Fairfax 2015:
- Reported zero officer compensation across all filings, suggesting a potentially volunteer-driven leadership or efficient use of funds for executive roles.
- Achieved a significant surplus in 2015 with revenues of $11,339,445 exceeding expenses by over $580,000, demonstrating capacity for strong financial performance.
- Maintained positive net assets in most years, indicating some level of financial solvency despite volatility.
Frequently Asked Questions about Fairfax 2015
Is Fairfax 2015 a legitimate charity?
Fairfax 2015 (EIN: 203562677) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 60/100. It has 5 years of IRS 990 filings on record. 4 red flags identified. 3 strengths noted. Financial health grade: A.
How does Fairfax 2015 spend its money?
Fairfax 2015 directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Fairfax 2015 tax-deductible?
Fairfax 2015 is registered as a tax-exempt nonprofit (EIN: 203562677). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fairfax 2015's spending goes to programs?
Fairfax 2015 directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Fairfax 2015 located?
Fairfax 2015 is headquartered in Vienna, Virginia and files with the IRS under EIN 203562677.
How many years of IRS 990 filings does Fairfax 2015 have?
Fairfax 2015 has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Why is the latest reported revenue and assets $0 when historical filings show significant activity?
The provided data shows a discrepancy between the 'Latest Revenue: $0' and 'Assets: $0' and the historical IRS 990 filings, which report revenues up to $11,339,445 and assets up to $762,112. This requires clarification to understand the organization's current status.
What caused the significant financial deficit in 2014, where expenses exceeded revenue by nearly $900,000?
In 2014, Fairfax 2015 reported expenses of $1,947,085 against revenues of $1,073,991, resulting in a substantial deficit. Understanding the reasons for this deficit is crucial for assessing financial management.
How does Fairfax 2015 manage its financial volatility, particularly the large swings in revenue and expenses?
The organization experienced extreme financial fluctuations, from a $93,503 expense with only $7,073 revenue in 2011 to an $11,339,445 revenue with a surplus in 2015. A strategy for managing such volatility would be important to understand.
What are the specific program, administrative, and fundraising expenses to assess spending efficiency?
Without a functional expense breakdown, it's difficult to determine how the organization allocates its spending across programs, administration, and fundraising, which is key to evaluating efficiency.
Filing History
IRS 990 filing history for Fairfax 2015 showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Fairfax 2015's revenue has grown by 160220.2%, moving from $7K to $11.3M. Total assets increased by 4802.4% over the same period, from $13K to $636K. Total functional expenses rose by 11404.2%, from $94K to $10.8M. In its most recent filing year (2015), Fairfax 2015 reported a surplus of $583K, with revenue exceeding expenses. The organization holds $268K in liabilities against $636K in assets (debt-to-asset ratio: 42.1%), resulting in net assets of $369K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $11.3M | $10.8M | $636K | $268K | — | View 990 |
| 2014 | $1.1M | $1.9M | $759K | $974K | — | View 990 |
| 2013 | $1.3M | $1.0M | $762K | $104K | — | View 990 |
| 2012 | $441K | $154K | $300K | $0 | — | View 990 |
| 2011 | $7K | $94K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $11.3M, expenses of $10.8M, and assets of $636K (revenue +955.8% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.9M, and assets of $759K (revenue -14.1% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.0M, and assets of $762K (revenue +183.5% year-over-year).
- 2012: Revenue of $441K, expenses of $154K, and assets of $300K (revenue +6135.1% year-over-year).
- 2011: Revenue of $7K, expenses of $94K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairfax 2015:
Data Sources and Methodology
This transparency report for Fairfax 2015 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.