Fimf Inc
Fimf Inc. maintains substantial assets and reports 0% officer compensation despite recent revenue decline.
EIN: 134072661 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $820K |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $27,739,199 |
| Net Assets | $27.0M |
| Transparency Score | 92/100 |
Is Fimf Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fimf Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fimf Inc
Fimf Inc (EIN: 134072661) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $820K and total assets of $27.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fimf Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fimf Inc is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$198K |
| Total Assets | $27.0M |
| Total Liabilities | $355 |
| Net Assets | $27.0M |
| Operating Margin | 9.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 164.8 months |
Financial Health Grade: A
In 2023, Fimf Inc reported a surplus of $198K with revenue exceeding expenses, holds 164.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Fimf Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.5% | -18.6% | +0.7% |
| 2022 | -3.9% | +20.8% | -2.7% |
| 2021 | +19.3% | +11.6% | -0.9% |
| 2020 | -55.0% | -9.9% | -1.1% |
| 2019 | +25.3% | +13.0% | +16.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Fimf Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Fimf Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $198K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Fimf Inc. consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its asset size ($27,739,199). This suggests a strong commitment to directing all resources towards its mission and operational 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 Fimf Inc's IRS 990 filings:
- Significant recent revenue decline to $820,006, which is considerably lower than recent annual expenses.
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for Fimf Inc:
- Consistently reports 0% officer compensation, indicating high efficiency and transparency.
- Maintains substantial assets, currently $27,739,199, providing strong financial stability.
- Very low liabilities across all filing periods, often $0 or minimal, indicating excellent financial management.
- Expenses generally managed below revenue in most years, demonstrating fiscal prudence.
Frequently Asked Questions about Fimf Inc
Is Fimf Inc a legitimate charity?
Fimf Inc (EIN: 134072661) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $820K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Fimf Inc spend its money?
Fimf Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Fimf Inc tax-deductible?
Fimf Inc is registered as a tax-exempt nonprofit (EIN: 134072661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fimf Inc CEO make?
Fimf Inc's highest-compensated officer earns $27,739,199 annually. The organization reported $820K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fimf Inc's spending goes to programs?
Fimf Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fimf Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Fimf Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fimf Inc located?
Fimf Inc is headquartered in New York, New York and files with the IRS under EIN 134072661. It is classified under NTEE code T20.
How many years of IRS 990 filings does Fimf Inc have?
Fimf 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 $820K in total revenue.
Is Fimf Inc. financially stable given the recent revenue drop?
While Fimf Inc. has a substantial asset base of $27,739,199, the latest reported revenue of $820,006 is significantly lower than its average expenses in recent years (e.g., $1,969,061 in 2023). This could pose a challenge if the trend continues, though current assets provide a strong buffer.
How does Fimf Inc.'s officer compensation compare to other nonprofits?
Fimf Inc. reports 0% officer compensation, which is exceptionally low and highly favorable compared to most nonprofits, especially those with significant assets. This indicates a strong commitment to directing funds to its mission.
What is the trend in Fimf Inc.'s revenue and expenses?
Fimf Inc.'s revenue has fluctuated, peaking at $3,244,416 in 2019 and $2,166,958 in 2023, but dropped significantly to $820,006 in the latest period. Expenses have generally been stable, averaging around $1.8 million to $2 million annually in recent years, often below revenue, except for 2022 where expenses ($2,418,473) exceeded revenue ($1,673,323).
Filing History
IRS 990 filing history for Fimf Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Fimf Inc's revenue has declined by 22%, moving from $2.8M to $2.2M. Total assets increased by 21.2% over the same period, from $22.3M to $27.0M. Total functional expenses rose by 38.9%, from $1.4M to $2.0M. In its most recent filing year (2023), Fimf Inc reported a surplus of $198K, with revenue exceeding expenses. The organization holds $355 in liabilities against $27.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $27.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.0M | $27.0M | $355 | — | View 990 |
| 2022 | $1.7M | $2.4M | $26.8M | $355 | — | View 990 |
| 2021 | $1.7M | $2.0M | $27.6M | $618 | — | View 990 |
| 2020 | $1.5M | $1.8M | $27.9M | $355 | — | View 990 |
| 2019 | $3.2M | $2.0M | $28.2M | $0 | — | View 990 |
| 2015 | $2.6M | $1.8M | $24.2M | $0 | — | View 990 |
| 2014 | $2.4M | $1.8M | $23.5M | $0 | — | View 990 |
| 2013 | $1.7M | $1.5M | $23.0M | $0 | — | View 990 |
| 2012 | $2.0M | $1.5M | $22.8M | $0 | — | View 990 |
| 2011 | $2.8M | $1.4M | $22.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.0M, and assets of $27.0M (revenue +29.5% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.4M, and assets of $26.8M (revenue -3.9% year-over-year).
- 2021: Revenue of $1.7M, expenses of $2.0M, and assets of $27.6M (revenue +19.3% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.8M, and assets of $27.9M (revenue -55.0% year-over-year).
- 2019: Revenue of $3.2M, expenses of $2.0M, and assets of $28.2M (revenue +25.3% year-over-year).
- 2015: Revenue of $2.6M, expenses of $1.8M, and assets of $24.2M (revenue +9.5% year-over-year).
- 2014: Revenue of $2.4M, expenses of $1.8M, and assets of $23.5M (revenue +42.6% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.5M, and assets of $23.0M (revenue -15.4% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.5M, and assets of $22.8M (revenue -29.4% year-over-year).
- 2011: Revenue of $2.8M, expenses of $1.4M, and assets of $22.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fimf Inc:
Data Sources and Methodology
This transparency report for Fimf 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.