Geico Educational Foundation
Geico Educational Foundation reports minimal revenue and expenses in most years, maintaining a stable asset base.
EIN: 203916404 · Washington, DC · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17 |
| Net Assets | $168K |
| Transparency Score | 40/100 |
Is Geico Educational Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Geico Educational Foundation
Geico Educational Foundation (EIN: 203916404) is a nonprofit organization based in Washington, DC, classified under NTEE code B99. The organization reported total revenue of $17 and total assets of $168K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Geico Educational Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Geico Educational Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17 |
| Total Expenses | $0 |
| Surplus / Deficit | +$17 |
| Total Assets | $168K |
| Total Liabilities | $1 |
| Net Assets | $168K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.0% |
Financial Health Grade: A
In 2023, Geico Educational Foundation reported a surplus of $17 with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Geico Educational Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.3% | -100.0% | +0.0% |
| 2022 | -100.0% | -35.5% | -2.5% |
| 2021 | +0.0% | +0.0% | +65.8% |
| 2020 | +2499966.7% | -82.2% | +192.1% |
| 2019 | +0.0% | — | -38.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Geico Educational Foundation with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Geico Educational Foundation allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based or compensated by an external entity, which significantly reduces administrative overhead.
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 Geico Educational Foundation's IRS 990 filings:
- Extremely low or zero reported expenses in most years, making program activity unclear.
- Minimal revenue in most years, suggesting limited active fundraising or public support.
- Lack of detailed program descriptions in filings, hindering assessment of mission impact.
Strengths
The following positive indicators were identified for Geico Educational Foundation:
- Consistent filing of IRS Form 990s, indicating compliance.
- Zero officer compensation, demonstrating efficient use of funds by avoiding executive salary costs.
- Stable asset base of $168,094 despite minimal revenue in many periods.
Frequently Asked Questions about Geico Educational Foundation
Is Geico Educational Foundation a legitimate charity?
Geico Educational Foundation (EIN: 203916404) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 40/100. It has 10 years of IRS 990 filings on record. Total revenue: $17. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Geico Educational Foundation spend its money?
Geico Educational Foundation reported $17 in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Geico Educational Foundation tax-deductible?
Geico Educational Foundation is registered as a tax-exempt nonprofit (EIN: 203916404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Geico Educational Foundation compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Geico Educational Foundation is near average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Geico Educational Foundation located?
Geico Educational Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 203916404. It is classified under NTEE code B99.
How many years of IRS 990 filings does Geico Educational Foundation have?
Geico Educational Foundation has 10 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 $17 in total revenue.
What are the specific educational programs or grants supported by the Geico Educational Foundation?
The IRS 990 filings do not provide specific details on the educational programs or grants supported. The NTEE code B99 is very general, and the minimal expense reporting in most years offers no insight into program activities.
Why does the organization report such low revenue and expenses in most years, yet maintain significant assets?
The filings suggest the organization may primarily function as a holding entity or a vehicle for infrequent, larger contributions, rather than an actively operating charity with continuous program spending. The assets likely represent accumulated funds or endowments.
How does the Geico Educational Foundation cover its operational costs if expenses are often $0?
With $0 reported expenses in many periods, it's possible that any minimal operational costs are absorbed by a related entity (e.g., GEICO itself) or are so negligible they are not reported, or the organization is largely inactive in those periods.
Filing History
IRS 990 filing history for Geico Educational Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Geico Educational Foundation's revenue has grown by 183.3%, moving from $6 to $17. Total assets increased by 145.6% over the same period, from $68K to $168K. Total functional expenses fell by 100%, from $2K to $0. The organization holds $1 in liabilities against $168K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $168K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17 | $0 | $168K | $1 | — | — |
| 2022 | $16 | $4K | $168K | $1 | — | View 990 |
| 2021 | $75K | $7K | $172K | $1 | — | — |
| 2020 | $75K | $7K | $104K | $1 | — | View 990 |
| 2019 | $3 | $37K | $36K | $1 | — | — |
| 2015 | $3 | $0 | $57K | $0 | — | View 990 |
| 2014 | $3 | $0 | $57K | $0 | — | View 990 |
| 2013 | $3 | $0 | $57K | $0 | — | View 990 |
| 2012 | $6 | $11K | $57K | $0 | — | View 990 |
| 2011 | $6 | $2K | $68K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17, expenses of $0, and assets of $168K (revenue +6.3% year-over-year).
- 2022: Revenue of $16, expenses of $4K, and assets of $168K (revenue -100.0% year-over-year).
- 2021: Revenue of $75K, expenses of $7K, and assets of $172K (revenue +0.0% year-over-year).
- 2020: Revenue of $75K, expenses of $7K, and assets of $104K (revenue +2499966.7% year-over-year).
- 2019: Revenue of $3, expenses of $37K, and assets of $36K (revenue +0.0% year-over-year).
- 2015: Revenue of $3, expenses of $0, and assets of $57K (revenue +0.0% year-over-year).
- 2014: Revenue of $3, expenses of $0, and assets of $57K (revenue +0.0% year-over-year).
- 2013: Revenue of $3, expenses of $0, and assets of $57K (revenue -50.0% year-over-year).
- 2012: Revenue of $6, expenses of $11K, and assets of $57K (revenue +0.0% year-over-year).
- 2011: Revenue of $6, expenses of $2K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Geico Educational Foundation:
Data Sources and Methodology
This transparency report for Geico Educational 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.