Foundation For Education For Generations
EIN: 800718658 · Bountiful, UT · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $992K |
| Total Expenses | $593K |
| Net Assets | $1.3M |
Is Foundation For Education For Generations 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 Education For Generations
Foundation For Education For Generations (EIN: 800718658) is a nonprofit organization based in Bountiful, UT, classified under NTEE code P20. The organization reported total revenue of $992K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Education For Generations's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Education For Generations is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 21.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $702K |
| Total Expenses | $593K |
| Surplus / Deficit | +$109K |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | 15.5% |
| Months of Reserves | 25.9 months |
Financial Health Grade: A
In 2024, Foundation For Education For Generations reported a surplus of $109K with revenue exceeding expenses, holds 25.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2013–2024), Foundation For Education For Generations's revenue has grown at a compound annual growth rate (CAGR) of 21.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +113.7% | +99.1% | +9.3% |
| 2023 | -39.6% | -22.2% | +2.7% |
| 2022 | -37.8% | +165.5% | +16.5% |
| 2021 | +119.9% | -66.6% | +298.5% |
| 2020 | -38.1% | +1.5% | -12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For Education For Generations 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 Education For Generations 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $109K, with revenue exceeding expenses.
Frequently Asked Questions about Foundation For Education For Generations
Is Foundation For Education For Generations a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For Education For Generations (EIN: 800718658) insufficient data. 0 red flags identified, 0 strengths noted.
How does Foundation For Education For Generations spend its money?
Detailed spending breakdown data is not yet available for Foundation For Education For Generations. Check back for updated IRS 990 analysis.
Are donations to Foundation For Education For Generations tax-deductible?
Foundation For Education For Generations is registered as a tax-exempt nonprofit (EIN: 800718658). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For Education For Generations located?
Foundation For Education For Generations is headquartered in Bountiful, Utah and files with the IRS under EIN 800718658. It is classified under NTEE code P20.
How many years of IRS 990 filings does Foundation For Education For Generations have?
Foundation For Education For Generations has 12 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 $992K in total revenue.
Filing History
IRS 990 filing history for Foundation For Education For Generations showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), Foundation For Education For Generations's revenue has grown by 738.5%, moving from $84K to $702K. Total assets increased by 3366.9% over the same period, from $37K to $1.3M. Total functional expenses rose by 898%, from $59K to $593K. In its most recent filing year (2024), Foundation For Education For Generations reported a surplus of $109K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $702K | $593K | $1.3M | $0 | — | — |
| 2023 | $329K | $298K | $1.2M | $0 | — | — |
| 2022 | $545K | $383K | $1.1M | $38 | — | View 990 |
| 2021 | $876K | $144K | $977K | $0 | — | — |
| 2020 | $398K | $432K | $245K | $0 | — | View 990 |
| 2019 | $644K | $426K | $279K | $0 | — | View 990 |
| 2018 | $113K | $111K | $61K | $0 | — | — |
| 2017 | $112K | $80K | $59K | $0 | — | View 990 |
| 2016 | $132K | $132K | $27K | $0 | — | View 990 |
| 2015 | $79K | $66K | $27K | $0 | — | View 990 |
| 2014 | $72K | $95K | $13K | $0 | — | View 990 |
| 2013 | $84K | $59K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $702K, expenses of $593K, and assets of $1.3M (revenue +113.7% year-over-year).
- 2023: Revenue of $329K, expenses of $298K, and assets of $1.2M (revenue -39.6% year-over-year).
- 2022: Revenue of $545K, expenses of $383K, and assets of $1.1M (revenue -37.8% year-over-year).
- 2021: Revenue of $876K, expenses of $144K, and assets of $977K (revenue +119.9% year-over-year).
- 2020: Revenue of $398K, expenses of $432K, and assets of $245K (revenue -38.1% year-over-year).
- 2019: Revenue of $644K, expenses of $426K, and assets of $279K (revenue +468.2% year-over-year).
- 2018: Revenue of $113K, expenses of $111K, and assets of $61K (revenue +1.3% year-over-year).
- 2017: Revenue of $112K, expenses of $80K, and assets of $59K (revenue -15.1% year-over-year).
- 2016: Revenue of $132K, expenses of $132K, and assets of $27K (revenue +66.2% year-over-year).
- 2015: Revenue of $79K, expenses of $66K, and assets of $27K (revenue +10.5% year-over-year).
- 2014: Revenue of $72K, expenses of $95K, and assets of $13K (revenue -14.3% year-over-year).
- 2013: Revenue of $84K, expenses of $59K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Education For Generations:
Data Sources and Methodology
This transparency report for Foundation For Education For Generations 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.