Federation Of Balkan American Associations Inc
EIN: 262400442 · Schaumburg, IL · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $991K |
| Total Expenses | $976K |
| Net Assets | $1.1M |
Is Federation Of Balkan American Associations Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Federation Of Balkan American Associations Inc
Federation Of Balkan American Associations Inc (EIN: 262400442) is a nonprofit organization based in Schaumburg, IL, classified under NTEE code A23. The organization reported total revenue of $991K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Federation Of Balkan American Associations Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Federation Of Balkan American Associations Inc is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2010–2019). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $991K |
| Total Expenses | $976K |
| Surplus / Deficit | +$15K |
| Total Assets | $2.5M |
| Total Liabilities | $1.4M |
| Net Assets | $1.1M |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 57.4% |
| Months of Reserves | 30.9 months |
Financial Health Grade: A
In 2019, Federation Of Balkan American Associations Inc reported a surplus of $15K with revenue exceeding expenses, holds 30.9 months of operating reserves (strong position), has a debt-to-asset ratio of 57.4% (high leverage).
Financial Trends
Over 10 years of filings (2010–2019), Federation Of Balkan American Associations Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -10.0% | -15.1% | -4.2% |
| 2018 | +14.3% | +15.5% | +2.4% |
| 2017 | +28.6% | +23.5% | -1.2% |
| 2016 | -35.2% | -21.4% | +83.3% |
| 2015 | +1.1% | -23.2% | +11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Federation Of Balkan American Associations Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Federation Of Balkan American Associations Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.4%.
Frequently Asked Questions about Federation Of Balkan American Associations Inc
Is Federation Of Balkan American Associations Inc a legitimate charity?
Federation Of Balkan American Associations Inc (EIN: 262400442) is a registered tax-exempt nonprofit based in Illinois. It has 10 years of IRS 990 filings on record. Total revenue: $991K. No red flags identified. Financial health grade: A.
How does Federation Of Balkan American Associations Inc spend its money?
Federation Of Balkan American Associations Inc reported $991K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Federation Of Balkan American Associations Inc tax-deductible?
Federation Of Balkan American Associations Inc is registered as a tax-exempt nonprofit (EIN: 262400442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Federation Of Balkan American Associations Inc located?
Federation Of Balkan American Associations Inc is headquartered in Schaumburg, Illinois and files with the IRS under EIN 262400442. It is classified under NTEE code A23.
How many years of IRS 990 filings does Federation Of Balkan American Associations Inc have?
Federation Of Balkan American Associations Inc has 10 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 $991K in total revenue.
Filing History
IRS 990 filing history for Federation Of Balkan American Associations Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2019), Federation Of Balkan American Associations Inc's revenue has grown by 101.2%, moving from $493K to $991K. Total assets increased by 2216.4% over the same period, from $108K to $2.5M. Total functional expenses rose by 109.9%, from $465K to $976K. In its most recent filing year (2019), Federation Of Balkan American Associations Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $2.5M in assets (debt-to-asset ratio: 57.4%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $991K | $976K | $2.5M | $1.4M | — | — |
| 2018 | $1.1M | $1.2M | $2.6M | $1.5M | — | View 990 |
| 2017 | $964K | $996K | $2.6M | $1.4M | — | View 990 |
| 2016 | $750K | $806K | $2.6M | $1.4M | — | View 990 |
| 2015 | $1.2M | $1.0M | $1.4M | $181K | — | View 990 |
| 2014 | $1.1M | $1.3M | $1.3M | $167K | — | View 990 |
| 2013 | $1.7M | $1.9M | $1.4M | $125K | — | View 990 |
| 2012 | $1.8M | $844K | $1.1M | $118K | — | View 990 |
| 2011 | $1.8M | $844K | $1.1M | $118K | — | View 990 |
| 2010 | $493K | $465K | $108K | $61K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $991K, expenses of $976K, and assets of $2.5M (revenue -10.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $2.6M (revenue +14.3% year-over-year).
- 2017: Revenue of $964K, expenses of $996K, and assets of $2.6M (revenue +28.6% year-over-year).
- 2016: Revenue of $750K, expenses of $806K, and assets of $2.6M (revenue -35.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.0M, and assets of $1.4M (revenue +1.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.3M, and assets of $1.3M (revenue -34.0% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.9M, and assets of $1.4M (revenue -4.0% year-over-year).
- 2012: Revenue of $1.8M, expenses of $844K, and assets of $1.1M (revenue +0.0% year-over-year).
- 2011: Revenue of $1.8M, expenses of $844K, and assets of $1.1M (revenue +266.9% year-over-year).
- 2010: Revenue of $493K, expenses of $465K, and assets of $108K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Federation Of Balkan American Associations Inc:
Data Sources and Methodology
This transparency report for Federation Of Balkan American Associations Inc 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.