Fnub Inc
Fnub Inc shows strong financial growth and zero executive compensation in recent filings.
EIN: 161537468 · Buffalo, NY · NTEE: T11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| Net Assets | $11.8M |
| Transparency Score | 90/100 |
Is Fnub Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fnub Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fnub Inc
Fnub Inc (EIN: 161537468) is a nonprofit organization based in Buffalo, NY, classified under NTEE code T11. The organization reported total revenue of $1.7M and total assets of $14.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fnub Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fnub Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $19.3M |
| Total Liabilities | $7.4M |
| Net Assets | $11.8M |
| Operating Margin | 63.9% |
| Debt-to-Asset Ratio | 38.6% |
| Months of Reserves | 149.7 months |
Financial Health Grade: A
In 2023, Fnub Inc reported a surplus of $2.7M with revenue exceeding expenses, holds 149.7 months of operating reserves (strong position), has a debt-to-asset ratio of 38.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fnub Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +99.8% | +50.0% | +21.2% |
| 2022 | +84.2% | -19.1% | +4.2% |
| 2021 | -23.3% | -3.7% | +5.4% |
| 2020 | -31.4% | -10.8% | -0.7% |
| 2019 | +582.6% | -56.4% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Fnub Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Fnub Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 38.6%.
Executive Compensation Analysis
Fnub Inc consistently reports 0% officer compensation across all available filing periods, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
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.
Strengths
The following positive indicators were identified for Fnub Inc:
- Consistent 0% officer compensation across all filings, indicating strong commitment to mission-focused spending.
- Significant revenue surpluses in recent periods (e.g., $4,274,626 revenue vs. $1,545,186 expenses in 202306).
- Healthy asset growth, reaching $19,274,040 in 202306.
- Strong financial health and operational efficiency suggested by consistent positive net income in recent years.
- Long and consistent IRS 990 filing history (13 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Fnub Inc
Is Fnub Inc a legitimate charity?
Fnub Inc (EIN: 161537468) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Fnub Inc spend its money?
Fnub Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fnub Inc tax-deductible?
Fnub Inc is registered as a tax-exempt nonprofit (EIN: 161537468). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fnub Inc's spending goes to programs?
Fnub Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fnub Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Fnub Inc is above average for NTEE category T11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fnub Inc located?
Fnub Inc is headquartered in Buffalo, New York and files with the IRS under EIN 161537468. It is classified under NTEE code T11.
How many years of IRS 990 filings does Fnub Inc have?
Fnub Inc 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 $1.7M in total revenue.
Is Fnub Inc financially stable?
Yes, Fnub Inc appears financially stable, with assets growing to $19,274,040 in 202306 and consistent revenue surpluses in recent years, such as $4,274,626 in revenue against $1,545,186 in expenses for 202306.
How does Fnub Inc manage executive compensation?
Fnub Inc reports 0% officer compensation in all available IRS 990 filings, indicating that no executive salaries are paid, which is a strong positive for resource allocation.
Has Fnub Inc's revenue been consistent?
Fnub Inc's revenue has fluctuated significantly over the years, ranging from a low of $323,377 in 201806 to a high of $6,758,395 in 201406, but has shown strong growth in the most recent periods, reaching $4,274,626 in 202306.
What is the trend in Fnub Inc's assets?
Fnub Inc's assets have shown a general upward trend, increasing from $14,480,905 in 202006 to $19,274,040 in 202306, indicating financial growth and accumulation of resources.
Filing History
IRS 990 filing history for Fnub Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fnub Inc's revenue has grown by 10.7%, moving from $3.9M to $4.3M. Total assets decreased by 31% over the same period, from $27.9M to $19.3M. Total functional expenses fell by 75.6%, from $6.3M to $1.5M. In its most recent filing year (2023), Fnub Inc reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $7.4M in liabilities against $19.3M in assets (debt-to-asset ratio: 38.6%), resulting in net assets of $11.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $1.5M | $19.3M | $7.4M | — | View 990 |
| 2022 | $2.1M | $1.0M | $15.9M | $6.8M | — | View 990 |
| 2021 | $1.2M | $1.3M | $15.3M | $7.3M | — | View 990 |
| 2020 | $1.5M | $1.3M | $14.5M | $6.4M | — | View 990 |
| 2019 | $2.2M | $1.5M | $14.6M | $6.7M | — | View 990 |
| 2018 | $323K | $3.4M | $13.9M | $6.7M | — | View 990 |
| 2017 | $926K | $1.3M | $16.7M | $6.4M | — | View 990 |
| 2016 | $721K | $1.3M | $16.8M | $6.1M | — | View 990 |
| 2015 | $2.7M | $1.3M | $18.1M | $7.1M | — | View 990 |
| 2014 | $6.8M | $3.7M | $18.4M | $8.7M | — | View 990 |
| 2013 | $4.9M | $2.8M | $34.2M | $27.1M | — | View 990 |
| 2012 | $2.6M | $2.6M | $31.9M | $27.1M | — | View 990 |
| 2011 | $3.9M | $6.3M | $27.9M | $23.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $1.5M, and assets of $19.3M (revenue +99.8% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.0M, and assets of $15.9M (revenue +84.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.3M, and assets of $15.3M (revenue -23.3% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $14.5M (revenue -31.4% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.5M, and assets of $14.6M (revenue +582.6% year-over-year).
- 2018: Revenue of $323K, expenses of $3.4M, and assets of $13.9M (revenue -65.1% year-over-year).
- 2017: Revenue of $926K, expenses of $1.3M, and assets of $16.7M (revenue +28.4% year-over-year).
- 2016: Revenue of $721K, expenses of $1.3M, and assets of $16.8M (revenue -73.6% year-over-year).
- 2015: Revenue of $2.7M, expenses of $1.3M, and assets of $18.1M (revenue -59.6% year-over-year).
- 2014: Revenue of $6.8M, expenses of $3.7M, and assets of $18.4M (revenue +37.3% year-over-year).
- 2013: Revenue of $4.9M, expenses of $2.8M, and assets of $34.2M (revenue +87.0% year-over-year).
- 2012: Revenue of $2.6M, expenses of $2.6M, and assets of $31.9M (revenue -31.8% year-over-year).
- 2011: Revenue of $3.9M, expenses of $6.3M, and assets of $27.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fnub Inc:
Data Sources and Methodology
This transparency report for Fnub 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.