Fudan Fuzhong Overseas Foundationinc
Fudan Fuzhong Overseas Foundationinc faces declining revenue despite stable assets and zero executive compensation.
EIN: 208217863 · Stamford, CT · NTEE: B84 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15K |
| Total Expenses | $15K |
| Program Spending | 80% |
| Net Assets | $166K |
| Transparency Score | 70/100 |
Is Fudan Fuzhong Overseas Foundationinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fudan Fuzhong Overseas Foundationinc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fudan Fuzhong Overseas Foundationinc
Fudan Fuzhong Overseas Foundationinc (EIN: 208217863) is a nonprofit organization based in Stamford, CT, classified under NTEE code B84. The organization reported total revenue of $15K and total assets of $149K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fudan Fuzhong Overseas Foundationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fudan Fuzhong Overseas Foundationinc is a micro nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -38.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $15K |
| Surplus / Deficit | $-13,421 |
| Total Assets | $166K |
| Net Assets | $166K |
| Operating Margin | -1164.0% |
| Months of Reserves | 136.8 months |
Financial Health Grade: B
In 2023, Fudan Fuzhong Overseas Foundationinc reported a deficit of $13K with expenses exceeding revenue, holds 136.8 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2014–2023), Fudan Fuzhong Overseas Foundationinc's revenue has declined at a compound annual growth rate (CAGR) of -38.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.4% | +8952.2% | -12.2% |
| 2021 | -11.0% | -99.2% | +5.0% |
| 2020 | -33.8% | +56.2% | -5.4% |
| 2019 | -5.7% | +87.0% | +1.2% |
| 2018 | -7.8% | +10.6% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fudan Fuzhong Overseas Foundationinc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Fudan Fuzhong Overseas Foundationinc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This is a strong positive for minimizing administrative costs and maximizing funds for its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Fudan Fuzhong Overseas Foundationinc's IRS 990 filings:
- Significant and consistent decline in annual revenue from $85,587 in 2014 to $1,153 in 2023.
- Expenses frequently exceed revenue, such as $14,574 in expenses vs. $1,153 in revenue in 2023, indicating reliance on asset depletion.
- Lack of detailed functional expense breakdown (program vs. admin vs. fundraising) in the provided summary makes full spending efficiency assessment difficult.
Strengths
The following positive indicators were identified for Fudan Fuzhong Overseas Foundationinc:
- Consistent maintenance of a healthy asset base, ranging from $149,471 to $190,646.
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
- No reported liabilities across all filing periods, demonstrating strong financial management and stability.
- Consistent filing of IRS Form 990s, indicating good transparency and compliance.
Frequently Asked Questions about Fudan Fuzhong Overseas Foundationinc
Is Fudan Fuzhong Overseas Foundationinc a legitimate charity?
Fudan Fuzhong Overseas Foundationinc (EIN: 208217863) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 70/100. It has 8 years of IRS 990 filings on record. Total revenue: $15K. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Fudan Fuzhong Overseas Foundationinc spend its money?
Fudan Fuzhong Overseas Foundationinc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fudan Fuzhong Overseas Foundationinc tax-deductible?
Fudan Fuzhong Overseas Foundationinc is registered as a tax-exempt nonprofit (EIN: 208217863). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fudan Fuzhong Overseas Foundationinc's spending goes to programs?
Fudan Fuzhong Overseas Foundationinc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fudan Fuzhong Overseas Foundationinc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Fudan Fuzhong Overseas Foundationinc is above average for NTEE category B84 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fudan Fuzhong Overseas Foundationinc located?
Fudan Fuzhong Overseas Foundationinc is headquartered in Stamford, Connecticut and files with the IRS under EIN 208217863. It is classified under NTEE code B84.
How many years of IRS 990 filings does Fudan Fuzhong Overseas Foundationinc have?
Fudan Fuzhong Overseas Foundationinc has 8 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 $15K in total revenue.
Is Fudan Fuzhong Overseas Foundationinc a good charity?
The organization demonstrates good financial stability with consistent assets and no liabilities. Its commitment to zero officer compensation is commendable. However, the significant decline in revenue and expenses often exceeding revenue in recent years raise concerns about long-term sustainability and program impact if not addressed.
Why has the revenue declined so sharply?
The provided data shows a substantial drop in revenue from $85,587 in 2014 to $1,153 in 2023. The IRS 990 summary does not provide reasons for this decline, but it would be a critical area for the organization to address and explain.
How does the organization cover its expenses when revenue is low?
In periods like 2023, where expenses ($14,574) significantly exceeded revenue ($1,153), the organization likely drew from its accumulated assets, which were $166,095 at the end of that period. This is sustainable in the short term but not long-term without increased revenue.
Filing History
IRS 990 filing history for Fudan Fuzhong Overseas Foundationinc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2014–2023), Fudan Fuzhong Overseas Foundationinc's revenue has declined by 98.7%, moving from $86K to $1K. Total assets increased by 4.8% over the same period, from $159K to $166K. Total functional expenses fell by 83.3%, from $87K to $15K. In its most recent filing year (2023), Fudan Fuzhong Overseas Foundationinc reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $15K | $166K | $0 | — | View 990 |
| 2021 | $9K | $161 | $189K | $0 | — | — |
| 2020 | $10K | $21K | $180K | $0 | — | — |
| 2019 | $15K | $13K | $191K | $0 | — | View 990 |
| 2018 | $16K | $7K | $188K | $0 | — | View 990 |
| 2017 | $18K | $6K | $179K | $0 | — | View 990 |
| 2016 | $21K | $15K | $167K | $0 | — | View 990 |
| 2014 | $86K | $87K | $159K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $15K, and assets of $166K (revenue -87.4% year-over-year).
- 2021: Revenue of $9K, expenses of $161, and assets of $189K (revenue -11.0% year-over-year).
- 2020: Revenue of $10K, expenses of $21K, and assets of $180K (revenue -33.8% year-over-year).
- 2019: Revenue of $15K, expenses of $13K, and assets of $191K (revenue -5.7% year-over-year).
- 2018: Revenue of $16K, expenses of $7K, and assets of $188K (revenue -7.8% year-over-year).
- 2017: Revenue of $18K, expenses of $6K, and assets of $179K (revenue -16.4% year-over-year).
- 2016: Revenue of $21K, expenses of $15K, and assets of $167K (revenue -75.1% year-over-year).
- 2014: Revenue of $86K, expenses of $87K, and assets of $159K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fudan Fuzhong Overseas Foundationinc:
Data Sources and Methodology
This transparency report for Fudan Fuzhong Overseas Foundationinc 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.