Foundation For Information Accountability And Governance
EIN: 461416947 · Fishers, IN · NTEE: W90
| Metric | Value |
|---|---|
| Total Revenue | $470K |
| Total Expenses | $909K |
| Net Assets | $647K |
Is Foundation For Information Accountability And Governance 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 Information Accountability And Governance
Foundation For Information Accountability And Governance (EIN: 461416947) is a nonprofit organization based in Fishers, IN, classified under NTEE code W90. The organization reported total revenue of $470K and total assets of $148K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Information Accountability And Governance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Information Accountability And Governance is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $702K |
| Total Expenses | $909K |
| Surplus / Deficit | $-206,739 |
| Total Assets | $709K |
| Total Liabilities | $62K |
| Net Assets | $647K |
| Operating Margin | -29.4% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 9.4 months |
Financial Health Grade: B
In 2023, Foundation For Information Accountability And Governance reported a deficit of $207K with expenses exceeding revenue, holds 9.4 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Foundation For Information Accountability And Governance's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.0% | +19.3% | -16.9% |
| 2022 | +29.9% | +0.3% | +6.0% |
| 2021 | +21.1% | +10.3% | -14.5% |
| 2020 | -48.6% | -14.3% | -16.2% |
| 2019 | -4.0% | +9.1% | +29.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For Information Accountability And Governance 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 Information Accountability And Governance 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 deficit of $207K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.8%.
Frequently Asked Questions about Foundation For Information Accountability And Governance
Is Foundation For Information Accountability And Governance a legitimate charity?
Foundation For Information Accountability And Governance (EIN: 461416947) is a registered tax-exempt nonprofit based in Indiana. It has 11 years of IRS 990 filings on record. Total revenue: $470K. No red flags identified. Financial health grade: B.
How does Foundation For Information Accountability And Governance spend its money?
Foundation For Information Accountability And Governance reported $470K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Foundation For Information Accountability And Governance tax-deductible?
Foundation For Information Accountability And Governance is registered as a tax-exempt nonprofit (EIN: 461416947). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For Information Accountability And Governance located?
Foundation For Information Accountability And Governance is headquartered in Fishers, Indiana and files with the IRS under EIN 461416947. It is classified under NTEE code W90.
How many years of IRS 990 filings does Foundation For Information Accountability And Governance have?
Foundation For Information Accountability And Governance has 11 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 $470K in total revenue.
Filing History
IRS 990 filing history for Foundation For Information Accountability And Governance showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Foundation For Information Accountability And Governance's revenue has grown by 143.5%, moving from $288K to $702K. Total assets increased by 125.1% over the same period, from $315K to $709K. Total functional expenses rose by 473.2%, from $159K to $909K. In its most recent filing year (2023), Foundation For Information Accountability And Governance reported a deficit of $207K, with expenses exceeding revenue. The organization holds $62K in liabilities against $709K in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $647K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $702K | $909K | $709K | $62K | — | — |
| 2022 | $836K | $762K | $854K | $0 | — | — |
| 2021 | $643K | $760K | $805K | $0 | — | View 990 |
| 2020 | $531K | $689K | $942K | $20K | — | — |
| 2019 | $1.0M | $804K | $1.1M | $44K | — | View 990 |
| 2018 | $1.1M | $737K | $865K | $15K | — | View 990 |
| 2017 | $850K | $791K | $523K | $12K | — | View 990 |
| 2016 | $965K | $829K | $480K | $9K | — | View 990 |
| 2015 | $887K | $882K | $336K | $60 | — | View 990 |
| 2014 | $791K | $590K | $368K | $37K | — | View 990 |
| 2013 | $288K | $159K | $315K | $185K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $702K, expenses of $909K, and assets of $709K (revenue -16.0% year-over-year).
- 2022: Revenue of $836K, expenses of $762K, and assets of $854K (revenue +29.9% year-over-year).
- 2021: Revenue of $643K, expenses of $760K, and assets of $805K (revenue +21.1% year-over-year).
- 2020: Revenue of $531K, expenses of $689K, and assets of $942K (revenue -48.6% year-over-year).
- 2019: Revenue of $1.0M, expenses of $804K, and assets of $1.1M (revenue -4.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $737K, and assets of $865K (revenue +26.6% year-over-year).
- 2017: Revenue of $850K, expenses of $791K, and assets of $523K (revenue -11.9% year-over-year).
- 2016: Revenue of $965K, expenses of $829K, and assets of $480K (revenue +8.7% year-over-year).
- 2015: Revenue of $887K, expenses of $882K, and assets of $336K (revenue +12.2% year-over-year).
- 2014: Revenue of $791K, expenses of $590K, and assets of $368K (revenue +174.1% year-over-year).
- 2013: Revenue of $288K, expenses of $159K, and assets of $315K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Information Accountability And Governance:
Data Sources and Methodology
This transparency report for Foundation For Information Accountability And Governance 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.