Fayette County Education Fund Incorporated

Fayette County Education Fund maintains stable finances with no reported officer compensation.

EIN: 202862598 · Oak Hill, WV · NTEE: C99 · Updated: 2026-03-28

$126KRevenue

$133KAssets

92/100Mission Score (Excellent)

C99

About Fayette County Education Fund Incorporated

Fayette County Education Fund Incorporated (EIN: 202862598) is a nonprofit organization based in Oak Hill, WV, classified under NTEE code C99. The organization reported total revenue of $126K and total assets of $133K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fayette County Education Fund Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Fayette County Education Fund Incorporated demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. In the latest filing (202312), the organization reported revenues of $125,683 against expenses of $123,419, indicating a slight surplus. The organization's assets have shown modest growth, reaching $133,742 in 2023, while liabilities remain very low, at $913. This suggests a stable financial position with minimal debt.

The organization's spending efficiency appears strong, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This indicates that all funds are directed towards operational costs and program delivery rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a positive indicator of resource allocation.

Transparency is generally good, with 13 filings available, showing a consistent reporting history. The low liabilities and absence of officer compensation contribute to a positive view of financial management. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial, but based on the provided data, the organization appears to be a responsible steward of its funds.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fayette County Education Fund Incorporated 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, Fayette County Education Fund Incorporated 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.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly commendable for an organization of its size with revenues typically around $100,000-$150,000.

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.

Strengths

The following positive indicators were identified for Fayette County Education Fund Incorporated:

Consistent 0% officer compensation, indicating efficient use of funds.
Stable financial position with growing assets and very low liabilities.
Consistent filing history (13 filings) demonstrating transparency.
Revenues generally cover expenses, indicating sustainable operations.
Strong asset-to-liability ratio.

Frequently Asked Questions about Fayette County Education Fund Incorporated

Is Fayette County Education Fund Incorporated a good charity?

Based on the available data, Fayette County Education Fund Incorporated appears to be a good charity. It demonstrates financial stability, low liabilities, and a strong commitment to directing funds towards its mission by reporting 0% officer compensation.

How has the organization's revenue trended over the past few years?

The organization's revenue has fluctuated but generally remained stable. After a dip to $31,281 in 2021, it rebounded to $87,658 in 2022 and $125,683 in 2023, returning to levels consistent with its historical average.

What is the organization's asset-to-liability ratio?

In the latest filing (202312), the organization has assets of $133,742 and liabilities of $913, resulting in a very strong asset-to-liability ratio of approximately 146:1, indicating excellent financial health and minimal debt.

Filing History

IRS 990 filing history for Fayette County Education Fund Incorporated showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Fayette County Education Fund Incorporated's revenue has grown by 22.9%, moving from $102K to $126K. Total assets increased by 84.5% over the same period, from $73K to $134K. Total functional expenses rose by 8.2%, from $114K to $123K. In its most recent filing year (2023), Fayette County Education Fund Incorporated reported a surplus of $2K, with revenue exceeding expenses. The organization holds $913 in liabilities against $134K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $133K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$126K	$123K	$134K	$913	—	—
2022	$88K	$99K	$121K	$2K	—	View 990
2021	$31K	$23K	$131K	$327	—	View 990
2020	$47K	$51K	$130K	$8K	—	View 990
2019	$146K	$141K	$117K	$0	—	View 990
2018	$114K	$111K	$112K	$0	—	View 990
2017	$120K	$116K	$110K	$0	—	View 990
2016	$137K	$115K	$126K	$0	—	View 990
2015	$104K	$124K	$104K	$0	—	View 990
2014	$129K	$104K	$124K	$0	—	View 990
2013	$110K	$96K	$99K	$0	—	View 990
2012	$120K	$107K	$85K	$0	—	View 990
2011	$102K	$114K	$73K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $126K, expenses of $123K, and assets of $134K (revenue +43.4% year-over-year).
2022: Revenue of $88K, expenses of $99K, and assets of $121K (revenue +180.2% year-over-year).
2021: Revenue of $31K, expenses of $23K, and assets of $131K (revenue -33.2% year-over-year).
2020: Revenue of $47K, expenses of $51K, and assets of $130K (revenue -67.9% year-over-year).
2019: Revenue of $146K, expenses of $141K, and assets of $117K (revenue +28.2% year-over-year).
2018: Revenue of $114K, expenses of $111K, and assets of $112K (revenue -5.5% year-over-year).
2017: Revenue of $120K, expenses of $116K, and assets of $110K (revenue -12.2% year-over-year).
2016: Revenue of $137K, expenses of $115K, and assets of $126K (revenue +32.0% year-over-year).
2015: Revenue of $104K, expenses of $124K, and assets of $104K (revenue -19.8% year-over-year).
2014: Revenue of $129K, expenses of $104K, and assets of $124K (revenue +17.5% year-over-year).
2013: Revenue of $110K, expenses of $96K, and assets of $99K (revenue -8.3% year-over-year).
2012: Revenue of $120K, expenses of $107K, and assets of $85K (revenue +17.4% year-over-year).
2011: Revenue of $102K, expenses of $114K, and assets of $73K.

Data Sources and Methodology

This transparency report for Fayette County Education Fund Incorporated 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.