Financing For Development Corp
EIN: 680683026 · Washington, DC
| Metric | Value |
|---|---|
| Total Expenses | $1.2M |
| Net Assets | $-26,432 |
Is Financing For Development Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Financing For Development Corp
Financing For Development Corp (EIN: 680683026) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Financing For Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Financing For Development Corp is a small nonprofit, with 2 years of IRS 990 filings on record (2013–2014). Revenue has grown at a compound annual rate of -34.2%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $584K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-590,462 |
| Total Assets | $875K |
| Total Liabilities | $902K |
| Net Assets | $-26,432 |
| Operating Margin | -101.1% |
| Debt-to-Asset Ratio | 103.0% |
| Months of Reserves | 8.9 months |
Financial Health Grade: C
In 2014, Financing For Development Corp reported a deficit of $590K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 103.0% (high leverage).
Financial Trends
Over 2 years of filings (2013–2014), Financing For Development Corp's revenue has declined at a compound annual growth rate (CAGR) of -34.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -34.2% | +263.6% | +53.8% |
AI Analysis Pending
AI enrichment for Financing For Development Corp 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 Financing For Development Corp 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $590K, with expenses exceeding revenue.
- Debt-to-asset ratio: 103.0%.
Frequently Asked Questions about Financing For Development Corp
Is Financing For Development Corp a legitimate charity?
Financing For Development Corp (EIN: 680683026) is a registered tax-exempt nonprofit based in Washington DC. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Financing For Development Corp spend its money?
Financing For Development Corp reported its financials in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Financing For Development Corp tax-deductible?
Financing For Development Corp is registered as a tax-exempt nonprofit (EIN: 680683026). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Financing For Development Corp located?
Financing For Development Corp is headquartered in Washington, Washington DC and files with the IRS under EIN 680683026.
How many years of IRS 990 filings does Financing For Development Corp have?
Financing For Development Corp has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Financing For Development Corp showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2013–2014), Financing For Development Corp's revenue has declined by 34.2%, moving from $887K to $584K. Total assets increased by 53.8% over the same period, from $569K to $875K. Total functional expenses rose by 263.6%, from $323K to $1.2M. In its most recent filing year (2014), Financing For Development Corp reported a deficit of $590K, with expenses exceeding revenue. The organization holds $902K in liabilities against $875K in assets (debt-to-asset ratio: 103.0%), resulting in net assets of $-26,432.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $584K | $1.2M | $875K | $902K | — | View 990 |
| 2013 | $887K | $323K | $569K | $5K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Financing For Development Corp:
Data Sources and Methodology
This transparency report for Financing For Development Corp 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.