Foundation For Research In Ebony Economics Inc
EIN: 631192852 · Huntsville, AL · NTEE: V31Z
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Net Assets | $0 |
Is Foundation For Research In Ebony Economics Inc 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 Research In Ebony Economics Inc
Foundation For Research In Ebony Economics Inc (EIN: 631192852) is a nonprofit organization based in Huntsville, AL, classified under NTEE code V31Z. The organization reported total revenue of $9K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Research In Ebony Economics Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Research In Ebony Economics Inc is a micro nonprofit that has been operating for 28 years, with 7 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $0 |
| Surplus / Deficit | +$9K |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 100.0% |
Financial Health Grade: B
In 2022, Foundation For Research In Ebony Economics Inc reported a surplus of $9K with revenue exceeding expenses, has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 7 years of filings (2011–2022), Foundation For Research In Ebony Economics Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -30.4% | — | +0.0% |
| 2021 | -54.0% | — | +0.0% |
| 2020 | +2660100.0% | — | +0.0% |
| 2019 | -100.0% | -100.0% | — |
| 2014 | +38.7% | -61.4% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For Research In Ebony Economics Inc 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 Research In Ebony Economics Inc 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 (2022)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Foundation For Research In Ebony Economics Inc
Is Foundation For Research In Ebony Economics Inc a legitimate charity?
Foundation For Research In Ebony Economics Inc (EIN: 631192852) is a registered tax-exempt nonprofit based in Alabama. It has 7 years of IRS 990 filings on record. Total revenue: $9K. No red flags identified. Financial health grade: B.
How does Foundation For Research In Ebony Economics Inc spend its money?
Foundation For Research In Ebony Economics Inc reported $9K in total revenue in IRS 990 filings. 7 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 Research In Ebony Economics Inc tax-deductible?
Foundation For Research In Ebony Economics Inc is registered as a tax-exempt nonprofit (EIN: 631192852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For Research In Ebony Economics Inc located?
Foundation For Research In Ebony Economics Inc is headquartered in Huntsville, Alabama and files with the IRS under EIN 631192852. It is classified under NTEE code V31Z.
How many years of IRS 990 filings does Foundation For Research In Ebony Economics Inc have?
Foundation For Research In Ebony Economics Inc has 7 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 $9K in total revenue.
Filing History
IRS 990 filing history for Foundation For Research In Ebony Economics Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2022), Foundation For Research In Ebony Economics Inc's revenue has grown by 21.7%, moving from $7K to $9K. Total assets decreased by 100% over the same period, from $5K to $1. Total functional expenses fell by 100%, from $7K to $0. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $9K | $0 | $1 | $1 | — | — |
| 2021 | $12K | $0 | $1 | $1 | — | View 990 |
| 2020 | $27K | $0 | $1 | $1 | — | — |
| 2019 | $1 | $0 | $1 | $1 | — | — |
| 2014 | $16K | $12K | $0 | $0 | — | View 990 |
| 2013 | $12K | $32K | $1 | $0 | — | View 990 |
| 2011 | $7K | $7K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $9K, expenses of $0, and assets of $1 (revenue -30.4% year-over-year).
- 2021: Revenue of $12K, expenses of $0, and assets of $1 (revenue -54.0% year-over-year).
- 2020: Revenue of $27K, expenses of $0, and assets of $1 (revenue +2660100.0% year-over-year).
- 2019: Revenue of $1, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2014: Revenue of $16K, expenses of $12K, and assets of $0 (revenue +38.7% year-over-year).
- 2013: Revenue of $12K, expenses of $32K, and assets of $1 (revenue +68.6% year-over-year).
- 2011: Revenue of $7K, expenses of $7K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Research In Ebony Economics Inc:
Data Sources and Methodology
This transparency report for Foundation For Research In Ebony Economics 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.