Fiber Broadband Association

Fiber Broadband Association experiences rapid revenue and asset growth, consistently operating with a surplus.

EIN: 161608036 · Spokane, WA · NTEE: S41 · Updated: 2026-03-28

$11.8MRevenue
$11.2MGross Revenue
$8.5MAssets
75/100Mission Score (Good)
S41
Fiber Broadband Association Financial Summary
MetricValue
Total Revenue$11.8M
Total Expenses$8.2M
Program Spending70%
CEO/Top Officer Pay$9,223,977
Net Assets$2.7M
Transparency Score75/100

Is Fiber Broadband Association Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Fiber Broadband Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Fiber Broadband Association

Fiber Broadband Association (EIN: 161608036) is a nonprofit organization based in Spokane, WA, classified under NTEE code S41. The organization reported total revenue of $11.8M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fiber Broadband Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Fiber Broadband Association is a large nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$9.2M
Total Expenses$8.2M
Surplus / Deficit+$1.1M
Total Assets$5.8M
Total Liabilities$3.1M
Net Assets$2.7M
Operating Margin11.6%
Debt-to-Asset Ratio53.8%
Months of Reserves8.5 months

Financial Health Grade: A

In 2023, Fiber Broadband Association reported a surplus of $1.1M with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 53.8% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Fiber Broadband Association's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+46.9%+64.5%+12.8%
2022+91.6%+59.8%+103.9%
2021+86.5%+49.4%+89.9%
2020-40.9%-32.4%-27.4%
2019-3.3%+3.9%+14.2%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Fiber Broadband Association demonstrates strong financial growth and appears to be in a healthy financial position. Over the past few years, the organization has seen significant increases in revenue, from $1,757,898 in 2020 to $9,223,977 in 2023, indicating expanding operations and support. Their assets have also grown substantially, reaching $5,758,853 in 2023, which suggests good financial management and capacity. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to transparency regarding executive pay, or that executive compensation is not reported in this specific field, which would warrant further investigation into other compensation lines. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the organization consistently operates with a surplus, as seen in 2023 where revenue ($9,223,977) exceeded expenses ($8,152,089), contributing to asset growth. This surplus generation is a positive indicator of financial sustainability. The lack of specific expense category percentages in the provided data limits a precise evaluation of how efficiently funds are allocated to direct programs versus overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fiber Broadband Association with a Mission Score of 75 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Fiber Broadband Association allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$9.2MTotal Revenue
$8.2MTotal Expenses
$5.8MTotal Assets
$3.1MTotal Liabilities
$2.7MNet Assets
  • The organization reported a surplus of $1.1M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 53.8%.

Executive Compensation Analysis

The reported 0% officer compensation across all available filings suggests that either no compensation is paid to officers, or it is reported under different expense categories, requiring further scrutiny of the full IRS 990 forms to understand executive remuneration relative to the organization's growing size and revenue of $9,223,977 in 2023.

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 Fiber Broadband Association's IRS 990 filings:

  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.
  • Consistent 0% officer compensation reported may obscure actual executive remuneration if it's categorized elsewhere.

Strengths

The following positive indicators were identified for Fiber Broadband Association:

  • Significant and consistent revenue growth, from $1,757,898 in 2020 to $9,223,977 in 2023.
  • Healthy asset growth, reaching $5,758,853 in 2023, indicating financial stability.
  • Consistently operates with a surplus, as seen in 2023 with revenue exceeding expenses by over $1 million.
  • Positive trend in managing liabilities relative to assets, with assets significantly exceeding liabilities in recent years.

Frequently Asked Questions about Fiber Broadband Association

Is Fiber Broadband Association a legitimate charity?

Fiber Broadband Association (EIN: 161608036) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $11.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Fiber Broadband Association spend its money?

Fiber Broadband Association directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Fiber Broadband Association tax-deductible?

Fiber Broadband Association is registered as a tax-exempt nonprofit (EIN: 161608036). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Fiber Broadband Association CEO make?

Fiber Broadband Association's highest-compensated officer earns $9,223,977 annually. The organization reported $11.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Fiber Broadband Association's spending goes to programs?

Fiber Broadband Association directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Fiber Broadband Association compare to similar nonprofits?

With a transparency score of 75/100 (Good), Fiber Broadband Association is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Fiber Broadband Association located?

Fiber Broadband Association is headquartered in Spokane, Washington and files with the IRS under EIN 161608036. It is classified under NTEE code S41.

How many years of IRS 990 filings does Fiber Broadband Association have?

Fiber Broadband Association has 13 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 $11.8M in total revenue.

What are the specific breakdowns of program, administrative, and fundraising expenses for the most recent fiscal year?

The provided data does not offer a detailed breakdown of these expense categories, making it difficult to precisely assess spending efficiency beyond total expenses.

How is 'Officer Comp' reported as 0% across all filings, and where is executive compensation, if any, disclosed?

The consistent 0% reported for 'Officer Comp' suggests that executive compensation might be categorized differently or that the organization's officers are uncompensated. A full review of the IRS 990, Part VII, Section A would clarify this.

What are the primary sources of the significant revenue growth observed between 2020 and 2023?

The data indicates a substantial increase in revenue from $1,757,898 in 2020 to $9,223,977 in 2023, but the specific drivers (e.g., grants, membership fees, events) are not detailed in the provided summary.

Filing History

IRS 990 filing history for Fiber Broadband Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Fiber Broadband Association's revenue has grown by 302.6%, moving from $2.3M to $9.2M. Total assets increased by 388.1% over the same period, from $1.2M to $5.8M. Total functional expenses rose by 295.9%, from $2.1M to $8.2M. In its most recent filing year (2023), Fiber Broadband Association reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $5.8M in assets (debt-to-asset ratio: 53.8%), resulting in net assets of $2.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $9.2M $8.2M $5.8M $3.1M
2022 $6.3M $5.0M $5.1M $3.5M
2021 $3.3M $3.1M $2.5M $2.2M View 990
2020 $1.8M $2.1M $1.3M $1.2M View 990
2019 $3.0M $3.1M $1.8M $1.4M View 990
2018 $3.1M $3.0M $1.6M $1.1M View 990
2017 $2.8M $2.7M $1.5M $1.1M
2016 $2.5M $2.5M $949K $739K View 990
2015 $2.4M $2.2M $863K $619K View 990
2014 $2.4M $2.5M $832K $450K View 990
2013 $2.3M $2.4M $888K $385K View 990
2012 $2.1M $2.3M $632K $65K View 990
2011 $2.3M $2.1M $1.2M $419K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $9.2M, expenses of $8.2M, and assets of $5.8M (revenue +46.9% year-over-year).
  • 2022: Revenue of $6.3M, expenses of $5.0M, and assets of $5.1M (revenue +91.6% year-over-year).
  • 2021: Revenue of $3.3M, expenses of $3.1M, and assets of $2.5M (revenue +86.5% year-over-year).
  • 2020: Revenue of $1.8M, expenses of $2.1M, and assets of $1.3M (revenue -40.9% year-over-year).
  • 2019: Revenue of $3.0M, expenses of $3.1M, and assets of $1.8M (revenue -3.3% year-over-year).
  • 2018: Revenue of $3.1M, expenses of $3.0M, and assets of $1.6M (revenue +8.5% year-over-year).
  • 2017: Revenue of $2.8M, expenses of $2.7M, and assets of $1.5M (revenue +13.6% year-over-year).
  • 2016: Revenue of $2.5M, expenses of $2.5M, and assets of $949K (revenue +5.5% year-over-year).
  • 2015: Revenue of $2.4M, expenses of $2.2M, and assets of $863K (revenue -2.3% year-over-year).
  • 2014: Revenue of $2.4M, expenses of $2.5M, and assets of $832K (revenue +4.8% year-over-year).
  • 2013: Revenue of $2.3M, expenses of $2.4M, and assets of $888K (revenue +11.7% year-over-year).
  • 2012: Revenue of $2.1M, expenses of $2.3M, and assets of $632K (revenue -9.8% year-over-year).
  • 2011: Revenue of $2.3M, expenses of $2.1M, and assets of $1.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Fiber Broadband Association:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Fiber Broadband Association 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.

Other Nonprofits in Washington

Explore more nonprofits based in Washington with AI-powered transparency reports.

View all Washington nonprofits →

Similar Organizations (NTEE S41)

Other nonprofits classified under NTEE code S41.

View all S41 nonprofits →

Explore Related Nonprofits

Browse by State