Foundation For Adventist Education
EIN: 546771807 · Silver Spring, MD · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.1M |
| Net Assets | $13.7M |
Is Foundation For Adventist Education Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foundation For Adventist Education
Foundation For Adventist Education (EIN: 546771807) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code T20. The organization reported total revenue of $2.1M and total assets of $14.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Adventist Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Adventist Education is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$991K |
| Total Assets | $13.7M |
| Total Liabilities | $1 |
| Net Assets | $13.7M |
| Operating Margin | 47.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 148.0 months |
Financial Health Grade: A
In 2023, Foundation For Adventist Education reported a surplus of $991K with revenue exceeding expenses, holds 148.0 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), Foundation For Adventist Education's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +135.9% | -23.7% | +11.3% |
| 2022 | -44.3% | +28.0% | +2.2% |
| 2021 | +649.9% | +37.4% | +3.0% |
| 2020 | -82.4% | -8.2% | -1.2% |
| 2019 | +79.5% | +35.9% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For Adventist Education 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 Foundation For Adventist Education 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $991K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Foundation For Adventist Education
Is Foundation For Adventist Education a legitimate charity?
Foundation For Adventist Education (EIN: 546771807) is a registered tax-exempt nonprofit based in Maryland. It has 10 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: A.
How does Foundation For Adventist Education spend its money?
Foundation For Adventist Education reported $2.1M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Foundation For Adventist Education tax-deductible?
Foundation For Adventist Education is registered as a tax-exempt nonprofit (EIN: 546771807). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For Adventist Education located?
Foundation For Adventist Education is headquartered in Silver Spring, Maryland and files with the IRS under EIN 546771807. It is classified under NTEE code T20.
How many years of IRS 990 filings does Foundation For Adventist Education have?
Foundation For Adventist Education 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Foundation For Adventist Education showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Foundation For Adventist Education's revenue has grown by 132.5%, moving from $905K to $2.1M. Total assets increased by 31.4% over the same period, from $10.4M to $13.7M. Total functional expenses rose by 23.4%, from $901K to $1.1M. In its most recent filing year (2023), Foundation For Adventist Education reported a surplus of $991K, with revenue exceeding expenses. The organization holds $1 in liabilities against $13.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.1M | $13.7M | $1 | — | View 990 |
| 2022 | $892K | $1.5M | $12.3M | $1 | — | View 990 |
| 2021 | $1.6M | $1.1M | $12.1M | $45K | — | View 990 |
| 2020 | $214K | $829K | $11.7M | $1 | — | — |
| 2019 | $1.2M | $904K | $11.8M | $1 | — | View 990 |
| 2015 | $676K | $665K | $12.4M | $2.4M | — | View 990 |
| 2014 | $586K | $404K | $11.4M | $1.5M | — | View 990 |
| 2013 | $550K | $913K | $10.0M | $308K | — | View 990 |
| 2012 | $798K | $1.1M | $10.1M | $2K | — | View 990 |
| 2011 | $905K | $901K | $10.4M | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.1M, and assets of $13.7M (revenue +135.9% year-over-year).
- 2022: Revenue of $892K, expenses of $1.5M, and assets of $12.3M (revenue -44.3% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.1M, and assets of $12.1M (revenue +649.9% year-over-year).
- 2020: Revenue of $214K, expenses of $829K, and assets of $11.7M (revenue -82.4% year-over-year).
- 2019: Revenue of $1.2M, expenses of $904K, and assets of $11.8M (revenue +79.5% year-over-year).
- 2015: Revenue of $676K, expenses of $665K, and assets of $12.4M (revenue +15.3% year-over-year).
- 2014: Revenue of $586K, expenses of $404K, and assets of $11.4M (revenue +6.6% year-over-year).
- 2013: Revenue of $550K, expenses of $913K, and assets of $10.0M (revenue -31.1% year-over-year).
- 2012: Revenue of $798K, expenses of $1.1M, and assets of $10.1M (revenue -11.8% year-over-year).
- 2011: Revenue of $905K, expenses of $901K, and assets of $10.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Adventist Education:
Data Sources and Methodology
This transparency report for Foundation For Adventist Education 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.