Fii National

Fii National faces financial challenges as expenses outpace revenue in recent years, despite zero reported officer compensation.

EIN: 20784790 · Concord, CA · NTEE: P20 · Updated: 2026-03-28

$39.6MRevenue

$35.0MAssets

75/100Mission Score (Good)

P20

About Fii National

Fii National (EIN: 20784790) is a nonprofit organization based in Concord, CA, classified under NTEE code P20. The organization reported total revenue of $39.6M and total assets of $35.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fii National's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Fii National exhibits a highly variable financial history, with revenues fluctuating dramatically from $7.3 million in 2018 to $172.7 million in 2020, and then declining to $18.3 million in 2023. This volatility makes consistent financial health assessment challenging. The organization consistently reports 0% officer compensation across all available filings, which is a significant positive indicator for transparency and resource allocation directly to its mission. However, the recent trend shows expenses exceeding revenue, with $30.8 million in expenses against $18.3 million in revenue in 2023, and $42.0 million in expenses against $18.4 million in revenue in 2022. This suggests a reliance on prior year surpluses or asset utilization to cover operational costs, which is not sustainable long-term without a reversal in revenue trends.

Spending efficiency is difficult to fully ascertain without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of zero officer compensation suggests a commitment to minimizing top-heavy administrative costs. The significant decline in assets from a peak of $80.2 million in 2021 to $45.1 million in 2023, coupled with expenses consistently outpacing revenue in the last two periods, raises questions about the sustainability of current spending levels relative to incoming funds. The organization's transparency regarding executive compensation is excellent, but more granular spending data would enhance the overall transparency assessment.

Overall, Fii National demonstrates strong transparency regarding executive compensation. However, its financial health shows signs of stress with recent years' expenses significantly outstripping revenue and a notable decline in assets. The organization's ability to manage these financial fluctuations and return to a more stable revenue-to-expense ratio will be critical for its long-term sustainability and impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fii National 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Fii National allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Fii National consistently reports 0% officer compensation across all available filings, indicating a strong commitment to directing resources towards its mission rather than executive salaries, which is highly commendable for an organization of its size with revenues reaching tens of millions.

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 Fii National's IRS 990 filings:

Expenses significantly exceeding revenue in recent periods (e.g., $30.8M expenses vs. $18.3M revenue in 2023).
Significant decline in assets from $80.2M in 2021 to $45.1M in 2023, potentially indicating asset utilization to cover operational deficits.
Highly volatile revenue streams, making long-term financial planning and stability challenging.

Strengths

The following positive indicators were identified for Fii National:

Consistent reporting of 0% officer compensation, indicating strong commitment to directing funds to mission.
Substantial asset base ($45.1M in 2023) provides a buffer despite recent financial challenges.
Demonstrated ability to attract significant funding in prior years (e.g., $172.7M in 2020).

Frequently Asked Questions about Fii National

Is Fii National financially sustainable given recent trends?

The organization's financial sustainability is questionable in the short term, as expenses ($30.8M in 2023, $42.0M in 2022) have significantly exceeded revenue ($18.3M in 2023, $18.4M in 2022) for the past two years. This trend, coupled with a decline in assets from $80.2M in 2021 to $45.1M in 2023, suggests a reliance on reserves that is not sustainable without a significant increase in revenue or reduction in expenses.

What caused the dramatic revenue fluctuations?

The provided data shows extreme revenue fluctuations, from $7.3M in 2018 to $172.7M in 2020, then down to $18.3M in 2023. Without further details from the 990 filings, it's impossible to pinpoint the exact causes, but such volatility often indicates reliance on large, one-time grants or contracts, or significant changes in funding models.

How does Fii National manage without executive compensation?

The consistent reporting of 0% officer compensation is highly unusual for an organization of this scale. This could imply that executive leadership is compensated through a related entity, is entirely volunteer-based, or that compensation is reported under other expense categories, which would require further investigation of the detailed 990 forms to fully understand.

Filing History

IRS 990 filing history for Fii National showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Fii National's revenue has grown by 704.2%, moving from $2.3M to $18.3M. Total assets increased by 1475% over the same period, from $2.9M to $45.2M. Total functional expenses rose by 1379%, from $2.1M to $30.8M. In its most recent filing year (2023), Fii National reported a deficit of $12.5M, with expenses exceeding revenue. The organization holds $5.1M in liabilities against $45.2M in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $40.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$18.3M	$30.8M	$45.2M	$5.1M	—	View 990
2022	$18.4M	$42.1M	$56.5M	$4.7M	—	—
2021	$76.4M	$45.6M	$80.2M	$2.4M	—	View 990
2020	$172.8M	$137.6M	$54.1M	$7.1M	—	View 990
2019	$11.4M	$7.2M	$14.4M	$2.5M	—	View 990
2018	$7.4M	$7.0M	$7.9M	$195K	—	View 990
2017	$7.5M	$6.1M	$7.4M	$144K	—	View 990
2016	$3.8M	$4.8M	$6.1M	$263K	—	View 990
2015	$6.3M	$4.9M	$6.9M	$94K	—	View 990
2014	$6.1M	$4.7M	$5.5M	$89K	—	View 990
2013	$5.2M	$3.2M	$4.2M	$128K	—	View 990
2012	$1.7M	$2.4M	$2.1M	$100K	—	View 990
2011	$2.3M	$2.1M	$2.9M	$173K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $18.3M, expenses of $30.8M, and assets of $45.2M (revenue -0.5% year-over-year).
2022: Revenue of $18.4M, expenses of $42.1M, and assets of $56.5M (revenue -75.9% year-over-year).
2021: Revenue of $76.4M, expenses of $45.6M, and assets of $80.2M (revenue -55.8% year-over-year).
2020: Revenue of $172.8M, expenses of $137.6M, and assets of $54.1M (revenue +1412.9% year-over-year).
2019: Revenue of $11.4M, expenses of $7.2M, and assets of $14.4M (revenue +54.3% year-over-year).
2018: Revenue of $7.4M, expenses of $7.0M, and assets of $7.9M (revenue -1.6% year-over-year).
2017: Revenue of $7.5M, expenses of $6.1M, and assets of $7.4M (revenue +96.3% year-over-year).
2016: Revenue of $3.8M, expenses of $4.8M, and assets of $6.1M (revenue -39.0% year-over-year).
2015: Revenue of $6.3M, expenses of $4.9M, and assets of $6.9M (revenue +2.7% year-over-year).
2014: Revenue of $6.1M, expenses of $4.7M, and assets of $5.5M (revenue +18.3% year-over-year).
2013: Revenue of $5.2M, expenses of $3.2M, and assets of $4.2M (revenue +196.3% year-over-year).
2012: Revenue of $1.7M, expenses of $2.4M, and assets of $2.1M (revenue -23.4% year-over-year).
2011: Revenue of $2.3M, expenses of $2.1M, and assets of $2.9M.

Data Sources and Methodology

This transparency report for Fii National 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.