Fbiaa Memorial College Fund
Fbiaa Memorial College Fund consistently grows assets with low expenses and no reported officer compensation.
EIN: 133351127 · Alexandria, VA · NTEE: F03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.9M |
| Total Expenses | $1.0M |
| Program Spending | 85% |
| Net Assets | $15.5M |
| Transparency Score | 90/100 |
Is Fbiaa Memorial College Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fbiaa Memorial College Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fbiaa Memorial College Fund
Fbiaa Memorial College Fund (EIN: 133351127) is a nonprofit organization based in Alexandria, VA, classified under NTEE code F03. The organization reported total revenue of $4.9M and total assets of $19.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fbiaa Memorial College Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fbiaa Memorial College Fund is a mid-size nonprofit that has been operating for 41 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$477K |
| Total Assets | $15.5M |
| Total Liabilities | $38K |
| Net Assets | $15.5M |
| Operating Margin | 31.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 181.8 months |
Financial Health Grade: A
In 2023, Fbiaa Memorial College Fund reported a surplus of $477K with revenue exceeding expenses, holds 181.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Fbiaa Memorial College Fund's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.7% | -6.6% | +13.6% |
| 2022 | +21.2% | +49.5% | -11.9% |
| 2021 | +43.3% | -8.0% | +30.3% |
| 2020 | +8.0% | +14.4% | +8.2% |
| 2019 | -27.5% | +13.3% | +8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1985 |
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 Fbiaa Memorial College Fund 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, Fbiaa Memorial College Fund 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 $477K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that executive compensation is covered by an affiliated entity, which significantly reduces direct administrative costs.
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 Fbiaa Memorial College Fund's IRS 990 filings:
- Lack of detailed breakdown for program, administrative, and fundraising expenses in provided summary data
- Potential for executive compensation to be paid by an affiliated entity, not directly reported on 990
Strengths
The following positive indicators were identified for Fbiaa Memorial College Fund:
- Strong program spending indicated by low overall expense ratio
- Consistent asset growth, increasing from $6.7M to over $19M in a decade
- Very low liabilities relative to assets, indicating financial stability
- No reported officer compensation, suggesting efficient use of funds
- Consistent revenue growth over the past decade
Frequently Asked Questions about Fbiaa Memorial College Fund
Is Fbiaa Memorial College Fund a legitimate charity?
Fbiaa Memorial College Fund (EIN: 133351127) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $4.9M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Fbiaa Memorial College Fund spend its money?
Fbiaa Memorial College Fund directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fbiaa Memorial College Fund tax-deductible?
Fbiaa Memorial College Fund is registered as a tax-exempt nonprofit (EIN: 133351127). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fbiaa Memorial College Fund's spending goes to programs?
Fbiaa Memorial College Fund directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fbiaa Memorial College Fund compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Fbiaa Memorial College Fund is above average for NTEE category F03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fbiaa Memorial College Fund located?
Fbiaa Memorial College Fund is headquartered in Alexandria, Virginia and files with the IRS under EIN 133351127. It is classified under NTEE code F03.
How many years of IRS 990 filings does Fbiaa Memorial College Fund have?
Fbiaa Memorial College Fund has 12 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 $4.9M in total revenue.
Is Fbiaa Memorial College Fund a good charity?
Based on the provided data, Fbiaa Memorial College Fund appears to be a financially sound and efficient charity, consistently growing its assets and operating with low expenses relative to revenue. The lack of reported officer compensation is a positive indicator of resource allocation towards its mission.
How has the organization's financial health changed over time?
The organization has shown consistent and significant financial growth, with revenue increasing from $912,688 in 2013 to $4,898,835 currently, and assets growing from $6,707,339 to $19,146,261 over the same period. This indicates strong financial management and sustainability.
What is the organization's approach to executive compensation?
The Fbiaa Memorial College Fund consistently reports 0% officer compensation in its IRS 990 filings, suggesting that its executive leadership is either entirely volunteer-based or compensated through an external entity, which contributes to lower overhead.
Filing History
IRS 990 filing history for Fbiaa Memorial College Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Fbiaa Memorial College Fund's revenue has grown by 192.2%, moving from $514K to $1.5M. Total assets increased by 169.4% over the same period, from $5.8M to $15.5M. Total functional expenses rose by 69.4%, from $604K to $1.0M. In its most recent filing year (2023), Fbiaa Memorial College Fund reported a surplus of $477K, with revenue exceeding expenses. The organization holds $38K in liabilities against $15.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $15.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.0M | $15.5M | $38K | — | — |
| 2022 | $1.9M | $1.1M | $13.7M | $69K | — | View 990 |
| 2021 | $1.6M | $733K | $15.5M | $13K | — | View 990 |
| 2020 | $1.1M | $797K | $11.9M | $8K | — | View 990 |
| 2019 | $1.0M | $696K | $11.0M | $10K | — | View 990 |
| 2018 | $1.4M | $615K | $10.1M | $5K | — | View 990 |
| 2016 | $803K | $845K | $7.8M | $8K | — | View 990 |
| 2015 | $1.4M | $624K | $8.3M | $0 | — | View 990 |
| 2014 | $1.1M | $551K | $7.9M | $0 | — | View 990 |
| 2013 | $913K | $451K | $6.7M | $0 | — | View 990 |
| 2012 | $688K | $526K | $5.9M | $0 | — | View 990 |
| 2011 | $514K | $604K | $5.8M | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.0M, and assets of $15.5M (revenue -21.7% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.1M, and assets of $13.7M (revenue +21.2% year-over-year).
- 2021: Revenue of $1.6M, expenses of $733K, and assets of $15.5M (revenue +43.3% year-over-year).
- 2020: Revenue of $1.1M, expenses of $797K, and assets of $11.9M (revenue +8.0% year-over-year).
- 2019: Revenue of $1.0M, expenses of $696K, and assets of $11.0M (revenue -27.5% year-over-year).
- 2018: Revenue of $1.4M, expenses of $615K, and assets of $10.1M (revenue +75.5% year-over-year).
- 2016: Revenue of $803K, expenses of $845K, and assets of $7.8M (revenue -41.7% year-over-year).
- 2015: Revenue of $1.4M, expenses of $624K, and assets of $8.3M (revenue +29.8% year-over-year).
- 2014: Revenue of $1.1M, expenses of $551K, and assets of $7.9M (revenue +16.2% year-over-year).
- 2013: Revenue of $913K, expenses of $451K, and assets of $6.7M (revenue +32.6% year-over-year).
- 2012: Revenue of $688K, expenses of $526K, and assets of $5.9M (revenue +34.0% year-over-year).
- 2011: Revenue of $514K, expenses of $604K, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fbiaa Memorial College Fund:
Data Sources and Methodology
This transparency report for Fbiaa Memorial College Fund 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.