Funders Concerned About Aids Inc
Funders Concerned About Aids Inc maintains stable finances with no reported officer compensation.
EIN: 133869632 · Washington, DC · NTEE: Q123 · Updated: 2026-03-28
Is Funders Concerned About Aids Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Funders Concerned About Aids Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Funders Concerned About Aids Inc
Funders Concerned About Aids Inc (EIN: 133869632) is a nonprofit organization based in Washington, DC, classified under NTEE code Q123. The organization reported total revenue of $1.0M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Funders Concerned About Aids Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Funders Concerned About Aids Inc is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $697K |
| Total Expenses | $725K |
| Surplus / Deficit | $-28,919 |
| Total Assets | $1.0M |
| Total Liabilities | $38K |
| Net Assets | $1000K |
| Operating Margin | -4.2% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 17.2 months |
Financial Health Grade: B
In 2023, Funders Concerned About Aids Inc reported a deficit of $29K with expenses exceeding revenue, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Funders Concerned About Aids Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.7% | +9.3% | +0.4% |
| 2022 | -18.3% | -8.0% | -10.7% |
| 2021 | +0.9% | +17.6% | +8.1% |
| 2020 | +22.0% | -2.8% | +26.2% |
| 2019 | -17.6% | -2.1% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1996 |
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 Funders Concerned About Aids Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Funders Concerned About Aids Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that the organization's leadership is either uncompensated or compensated through non-officer roles, which is highly favorable for donor perception and resource allocation.
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.
Strengths
The following positive indicators were identified for Funders Concerned About Aids Inc:
- Consistent 0% officer compensation across all filings, indicating strong resource allocation to mission.
- Steady growth in assets from $709,581 in 2014 to $1,037,384 in 2023, demonstrating financial stability.
- Low and stable liabilities, suggesting good fiscal management and minimal debt.
- Consistent filing of IRS Form 990s over 13 periods, indicating strong transparency and accountability.
- Overall stable financial operations with revenues generally covering expenses over the long term.
Frequently Asked Questions about Funders Concerned About Aids Inc
Is Funders Concerned About Aids Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Funders Concerned About Aids Inc (EIN: 133869632) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Funders Concerned About Aids Inc spend its money?
Funders Concerned About Aids Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Funders Concerned About Aids Inc tax-deductible?
Funders Concerned About Aids Inc is registered as a tax-exempt nonprofit (EIN: 133869632). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Funders Concerned About Aids Inc a good charity?
Based on the provided financial data, Funders Concerned About Aids Inc appears to be a well-managed and transparent charity. It consistently files its IRS 990s, maintains stable assets, and notably reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over the past decade?
Over the past decade, Funders Concerned About Aids Inc has shown consistent financial stability and growth. Assets have increased from $709,581 in 2014 to $1,037,384 in 2023, and liabilities have remained low. While there have been years where expenses slightly exceeded revenue (e.g., 2023 and 2022), the organization has maintained a healthy financial position overall.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a significant positive indicator. It suggests that the organization's top leadership may be volunteer-based or compensated through other means not classified as officer compensation, which implies a high dedication to the mission and a focus on directing funds towards programs rather than administrative salaries.
Filing History
IRS 990 filing history for Funders Concerned About Aids Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Funders Concerned About Aids Inc's revenue has grown by 84.6%, moving from $377K to $697K. Total assets increased by 79.1% over the same period, from $579K to $1.0M. Total functional expenses rose by 66.3%, from $436K to $725K. In its most recent filing year (2023), Funders Concerned About Aids Inc reported a deficit of $29K, with expenses exceeding revenue. The organization holds $38K in liabilities against $1.0M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $1000K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $697K | $725K | $1.0M | $38K | — | — |
| 2022 | $653K | $664K | $1.0M | $46K | — | View 990 |
| 2021 | $799K | $722K | $1.2M | $60K | — | View 990 |
| 2020 | $792K | $613K | $1.1M | $70K | — | View 990 |
| 2019 | $649K | $631K | $848K | $60K | — | View 990 |
| 2018 | $788K | $645K | $839K | $47K | — | View 990 |
| 2017 | $493K | $564K | $705K | $38K | — | View 990 |
| 2016 | $669K | $693K | $773K | $55K | — | View 990 |
| 2015 | $697K | $577K | $877K | $135K | — | View 990 |
| 2014 | $599K | $539K | $710K | $72K | — | — |
| 2013 | $505K | $485K | $614K | $47K | — | View 990 |
| 2012 | $445K | $506K | $553K | $33K | — | View 990 |
| 2011 | $377K | $436K | $579K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $697K, expenses of $725K, and assets of $1.0M (revenue +6.7% year-over-year).
- 2022: Revenue of $653K, expenses of $664K, and assets of $1.0M (revenue -18.3% year-over-year).
- 2021: Revenue of $799K, expenses of $722K, and assets of $1.2M (revenue +0.9% year-over-year).
- 2020: Revenue of $792K, expenses of $613K, and assets of $1.1M (revenue +22.0% year-over-year).
- 2019: Revenue of $649K, expenses of $631K, and assets of $848K (revenue -17.6% year-over-year).
- 2018: Revenue of $788K, expenses of $645K, and assets of $839K (revenue +59.7% year-over-year).
- 2017: Revenue of $493K, expenses of $564K, and assets of $705K (revenue -26.2% year-over-year).
- 2016: Revenue of $669K, expenses of $693K, and assets of $773K (revenue -4.1% year-over-year).
- 2015: Revenue of $697K, expenses of $577K, and assets of $877K (revenue +16.5% year-over-year).
- 2014: Revenue of $599K, expenses of $539K, and assets of $710K (revenue +18.7% year-over-year).
- 2013: Revenue of $505K, expenses of $485K, and assets of $614K (revenue +13.2% year-over-year).
- 2012: Revenue of $445K, expenses of $506K, and assets of $553K (revenue +18.1% year-over-year).
- 2011: Revenue of $377K, expenses of $436K, and assets of $579K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Funders Concerned About Aids Inc:
Data Sources and Methodology
This transparency report for Funders Concerned About Aids 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.