Fairfax Futures
Fairfax Futures shows strong financial growth and no officer compensation in recent filings.
EIN: 201044785 · Fairfax, VA · NTEE: B112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $555K |
| Total Expenses | $489K |
| Program Spending | 85% |
| Net Assets | $195K |
| Transparency Score | 90/100 |
Is Fairfax Futures Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fairfax Futures directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fairfax Futures
Fairfax Futures (EIN: 201044785) is a nonprofit organization based in Fairfax, VA, classified under NTEE code B112. The organization reported total revenue of $555K and total assets of $209K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairfax Futures's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairfax Futures is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $547K |
| Total Expenses | $489K |
| Surplus / Deficit | +$58K |
| Total Assets | $202K |
| Total Liabilities | $8K |
| Net Assets | $195K |
| Operating Margin | 10.7% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2023, Fairfax Futures reported a surplus of $58K with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Fairfax Futures's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +325.2% | +361.0% | +36.5% |
| 2022 | -13.2% | -12.9% | +18.4% |
| 2021 | +179.0% | +89.9% | +43.8% |
| 2020 | -53.8% | +26.7% | -15.8% |
| 2019 | +195.7% | +26.1% | +208.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Fairfax Futures with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Fairfax Futures 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $58K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.7%.
Executive Compensation Analysis
Fairfax Futures consistently reports 0% officer compensation across all 14 available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of its size and revenue, and suggests a volunteer-led executive structure.
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.
Strengths
The following positive indicators were identified for Fairfax Futures:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Significant revenue growth in the latest filing period (202312) to $547,188, demonstrating increased support.
- Healthy asset base of $202,163 in 2023, providing financial stability.
- Low liabilities ($7,559 in 2023) relative to assets, indicating good financial management.
- Consistent IRS 990 filing history (14 filings), showing strong transparency and compliance.
Frequently Asked Questions about Fairfax Futures
Is Fairfax Futures a legitimate charity?
Based on AI analysis of IRS 990 filings, Fairfax Futures (EIN: 201044785) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Fairfax Futures spend its money?
Fairfax Futures directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fairfax Futures tax-deductible?
Fairfax Futures is registered as a tax-exempt nonprofit (EIN: 201044785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fairfax Futures's spending goes to programs?
Fairfax Futures directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fairfax Futures compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Fairfax Futures is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fairfax Futures located?
Fairfax Futures is headquartered in Fairfax, Virginia and files with the IRS under EIN 201044785. It is classified under NTEE code B112.
How many years of IRS 990 filings does Fairfax Futures have?
Fairfax Futures has 14 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 $555K in total revenue.
Is Fairfax Futures a good charity?
Based on the provided financial data, Fairfax Futures appears to be a good charity. It demonstrates strong financial health, significant revenue growth in recent years (e.g., $547,188 in 2023), and a remarkable commitment to directing funds towards its mission by reporting 0% officer compensation across all filings.
How has Fairfax Futures' financial health changed over time?
Fairfax Futures has shown significant financial growth, particularly from 2022 to 2023, with revenue jumping from $128,698 to $547,188 and assets increasing from $148,144 to $202,163. While there were periods of lower revenue and higher expenses in earlier years (e.g., 2014-2018), the organization has achieved substantial stability and growth in recent periods.
What is the organization's approach to executive compensation?
Fairfax Futures consistently reports 0% officer compensation in all 14 available IRS 990 filings. This indicates a strong commitment to minimizing administrative overhead and maximizing resources for program delivery, likely relying on volunteer leadership for executive functions.
Filing History
IRS 990 filing history for Fairfax Futures showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Fairfax Futures's revenue has grown by 88.3%, moving from $291K to $547K. Total assets increased by 254.2% over the same period, from $57K to $202K. Total functional expenses rose by 65%, from $296K to $489K. In its most recent filing year (2023), Fairfax Futures reported a surplus of $58K, with revenue exceeding expenses. The organization holds $8K in liabilities against $202K in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $195K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $547K | $489K | $202K | $8K | — | — |
| 2022 | $129K | $106K | $148K | $12K | — | View 990 |
| 2021 | $148K | $122K | $125K | $12K | — | View 990 |
| 2020 | $53K | $64K | $87K | $0 | — | — |
| 2019 | $115K | $51K | $103K | $5K | — | — |
| 2018 | $39K | $40K | $34K | $0 | — | View 990 |
| 2017 | $111K | $133K | $40K | $0 | — | View 990 |
| 2016 | $86K | $43K | $62K | $0 | — | View 990 |
| 2015 | $238K | $258K | $19K | $0 | — | View 990 |
| 2014 | $190K | $219K | $39K | $0 | — | View 990 |
| 2013 | $282K | $280K | $68K | $0 | — | View 990 |
| 2012 | $243K | $268K | $69K | $4K | — | View 990 |
| 2011 | $259K | $225K | $92K | $0 | — | View 990 |
| 2010 | $291K | $296K | $57K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $547K, expenses of $489K, and assets of $202K (revenue +325.2% year-over-year).
- 2022: Revenue of $129K, expenses of $106K, and assets of $148K (revenue -13.2% year-over-year).
- 2021: Revenue of $148K, expenses of $122K, and assets of $125K (revenue +179.0% year-over-year).
- 2020: Revenue of $53K, expenses of $64K, and assets of $87K (revenue -53.8% year-over-year).
- 2019: Revenue of $115K, expenses of $51K, and assets of $103K (revenue +195.7% year-over-year).
- 2018: Revenue of $39K, expenses of $40K, and assets of $34K (revenue -64.9% year-over-year).
- 2017: Revenue of $111K, expenses of $133K, and assets of $40K (revenue +28.4% year-over-year).
- 2016: Revenue of $86K, expenses of $43K, and assets of $62K (revenue -63.7% year-over-year).
- 2015: Revenue of $238K, expenses of $258K, and assets of $19K (revenue +25.2% year-over-year).
- 2014: Revenue of $190K, expenses of $219K, and assets of $39K (revenue -32.7% year-over-year).
- 2013: Revenue of $282K, expenses of $280K, and assets of $68K (revenue +16.4% year-over-year).
- 2012: Revenue of $243K, expenses of $268K, and assets of $69K (revenue -6.5% year-over-year).
- 2011: Revenue of $259K, expenses of $225K, and assets of $92K (revenue -10.7% year-over-year).
- 2010: Revenue of $291K, expenses of $296K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairfax Futures:
Data Sources and Methodology
This transparency report for Fairfax Futures 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.