Friends Of The University Of Waterloo Foundation
EIN: 541746974 · Arlington, VA · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $858K |
| Total Expenses | $513K |
| Net Assets | $-21,362 |
Is Friends Of The University Of Waterloo Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of The University Of Waterloo Foundation
Friends Of The University Of Waterloo Foundation (EIN: 541746974) is a nonprofit organization based in Arlington, VA, classified under NTEE code B11. The organization reported total revenue of $858K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The University Of Waterloo Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The University Of Waterloo Foundation is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $423K |
| Total Expenses | $513K |
| Surplus / Deficit | $-90,215 |
| Total Assets | $208K |
| Total Liabilities | $229K |
| Net Assets | $-21,362 |
| Operating Margin | -21.3% |
| Debt-to-Asset Ratio | 110.3% |
| Months of Reserves | 4.9 months |
Financial Health Grade: C
In 2023, Friends Of The University Of Waterloo Foundation reported a deficit of $90K with expenses exceeding revenue, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 110.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of The University Of Waterloo Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.9% | -42.4% | -16.8% |
| 2022 | +0.5% | -4.6% | +415.5% |
| 2021 | +104.9% | +105.7% | -74.5% |
| 2020 | +4.4% | -17.1% | +152.4% |
| 2019 | -62.6% | -47.0% | -92.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of The University Of Waterloo Foundation 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 Friends Of The University Of Waterloo Foundation 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 $90K, with expenses exceeding revenue.
- Debt-to-asset ratio: 110.3%.
Frequently Asked Questions about Friends Of The University Of Waterloo Foundation
Is Friends Of The University Of Waterloo Foundation a legitimate charity?
Friends Of The University Of Waterloo Foundation (EIN: 541746974) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $858K. No red flags identified. Financial health grade: C.
How does Friends Of The University Of Waterloo Foundation spend its money?
Friends Of The University Of Waterloo Foundation reported $858K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friends Of The University Of Waterloo Foundation tax-deductible?
Friends Of The University Of Waterloo Foundation is registered as a tax-exempt nonprofit (EIN: 541746974). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of The University Of Waterloo Foundation located?
Friends Of The University Of Waterloo Foundation is headquartered in Arlington, Virginia and files with the IRS under EIN 541746974. It is classified under NTEE code B11.
How many years of IRS 990 filings does Friends Of The University Of Waterloo Foundation have?
Friends Of The University Of Waterloo Foundation 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 $858K in total revenue.
Filing History
IRS 990 filing history for Friends Of The University Of Waterloo Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of The University Of Waterloo Foundation's revenue has grown by 215.3%, moving from $134K to $423K. Total assets increased by 561.6% over the same period, from $31K to $208K. Total functional expenses rose by 311%, from $125K to $513K. In its most recent filing year (2023), Friends Of The University Of Waterloo Foundation reported a deficit of $90K, with expenses exceeding revenue. The organization holds $229K in liabilities against $208K in assets (debt-to-asset ratio: 110.3%), resulting in net assets of $-21,362.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $423K | $513K | $208K | $229K | — | — |
| 2022 | $938K | $891K | $250K | $181K | — | — |
| 2021 | $933K | $934K | $48K | $26K | — | View 990 |
| 2020 | $455K | $454K | $190K | $166K | — | View 990 |
| 2019 | $436K | $548K | $75K | $53K | — | View 990 |
| 2018 | $1.2M | $1.0M | $1.0M | $879K | — | View 990 |
| 2017 | $2.3M | $2.3M | $1.8M | $1.8M | — | View 990 |
| 2016 | $1.5M | $1.5M | $1.3M | $1.3M | — | View 990 |
| 2015 | $179K | $194K | $97K | $70K | — | View 990 |
| 2014 | $189K | $188K | $112K | $70K | — | View 990 |
| 2013 | $298K | $276K | $40K | $0 | — | View 990 |
| 2012 | $207K | $220K | $19K | $0 | — | — |
| 2011 | $134K | $125K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $423K, expenses of $513K, and assets of $208K (revenue -54.9% year-over-year).
- 2022: Revenue of $938K, expenses of $891K, and assets of $250K (revenue +0.5% year-over-year).
- 2021: Revenue of $933K, expenses of $934K, and assets of $48K (revenue +104.9% year-over-year).
- 2020: Revenue of $455K, expenses of $454K, and assets of $190K (revenue +4.4% year-over-year).
- 2019: Revenue of $436K, expenses of $548K, and assets of $75K (revenue -62.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.0M, and assets of $1.0M (revenue -49.4% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.3M, and assets of $1.8M (revenue +57.0% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $1.3M (revenue +720.9% year-over-year).
- 2015: Revenue of $179K, expenses of $194K, and assets of $97K (revenue -5.2% year-over-year).
- 2014: Revenue of $189K, expenses of $188K, and assets of $112K (revenue -36.6% year-over-year).
- 2013: Revenue of $298K, expenses of $276K, and assets of $40K (revenue +43.8% year-over-year).
- 2012: Revenue of $207K, expenses of $220K, and assets of $19K (revenue +54.2% year-over-year).
- 2011: Revenue of $134K, expenses of $125K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The University Of Waterloo Foundation:
Data Sources and Methodology
This transparency report for Friends Of The University Of Waterloo Foundation 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.