Iafe Education Foundation
Iafe Education Foundation shows consistent asset growth and no executive compensation over a decade.
EIN: 134220818 · Springfield, MO · NTEE: E70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $270K |
| Total Expenses | $87K |
| Program Spending | 85% |
| Net Assets | $528K |
| Transparency Score | 90/100 |
Is Iafe Education Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iafe Education Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iafe Education Foundation
Iafe Education Foundation (EIN: 134220818) is a nonprofit organization based in Springfield, MO, classified under NTEE code E70. The organization reported total revenue of $270K and total assets of $661K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iafe Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iafe Education Foundation is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $133K |
| Total Expenses | $87K |
| Surplus / Deficit | +$46K |
| Total Assets | $528K |
| Net Assets | $528K |
| Operating Margin | 34.6% |
| Months of Reserves | 72.7 months |
Financial Health Grade: A
In 2023, Iafe Education Foundation reported a surplus of $46K with revenue exceeding expenses, holds 72.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Iafe Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.4% | -4.4% | +16.7% |
| 2022 | +157.2% | +162.4% | +6.4% |
| 2021 | +4099.7% | -4.0% | +19.2% |
| 2020 | -96.9% | +28.2% | -3.0% |
| 2019 | +14.7% | -33.6% | +17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Iafe Education Foundation 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, Iafe Education Foundation 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 surplus of $46K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filing periods, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for 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.
Red Flags
The following concerns were identified during AI analysis of Iafe Education Foundation's IRS 990 filings:
- Significant revenue fluctuation year-to-year, such as the drop from $72,234 in 2021 to $1,720 in 2020, which could indicate reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Iafe Education Foundation:
- Consistent asset growth, increasing from $143,943 in 2014 to $527,579 in 2023.
- Zero reported liabilities across all 13 filing periods, indicating strong financial management and stability.
- 0% officer compensation reported in all available filings, suggesting high efficiency in directing funds to programs.
- Long history of IRS 990 filings (13 periods), demonstrating commitment to transparency.
- Revenue consistently exceeding expenses in most periods, leading to a healthy surplus.
Frequently Asked Questions about Iafe Education Foundation
Is Iafe Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Iafe Education Foundation (EIN: 134220818) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Iafe Education Foundation spend its money?
Iafe Education Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Iafe Education Foundation tax-deductible?
Iafe Education Foundation is registered as a tax-exempt nonprofit (EIN: 134220818). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Iafe Education Foundation's spending goes to programs?
Iafe Education Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Iafe Education Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Iafe Education Foundation is above average for NTEE category E70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Iafe Education Foundation located?
Iafe Education Foundation is headquartered in Springfield, Missouri and files with the IRS under EIN 134220818. It is classified under NTEE code E70.
How many years of IRS 990 filings does Iafe Education Foundation have?
Iafe Education 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 $270K in total revenue.
Is Iafe Education Foundation a good charity?
Based on the provided financial data, Iafe Education Foundation appears to be a good charity. It demonstrates strong financial health with consistent asset growth, no reported liabilities, and a history of revenue exceeding expenses. The 0% officer compensation is a significant positive indicator of efficient resource allocation towards its mission.
How has Iafe Education Foundation's financial health changed over time?
The organization's financial health has steadily improved over time. Assets have grown from $143,943 in 2014 to $527,579 in 2023. While revenue has fluctuated, expenses have generally been managed to ensure a surplus in most years, contributing to this asset growth and indicating increasing financial stability.
What is the trend in revenue for Iafe Education Foundation?
Revenue for Iafe Education Foundation has shown variability over the years, ranging from a low of $1,720 in 2020 to a high of $185,800 in 2022. The latest reported revenue for 2023 was $133,074, indicating a generally healthy, albeit fluctuating, income stream.
Filing History
IRS 990 filing history for Iafe Education Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iafe Education Foundation's revenue has grown by 156.9%, moving from $52K to $133K. Total assets increased by 259.2% over the same period, from $147K to $528K. Total functional expenses rose by 179.1%, from $31K to $87K. In its most recent filing year (2023), Iafe Education Foundation reported a surplus of $46K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $133K | $87K | $528K | $0 | — | View 990 |
| 2022 | $186K | $91K | $452K | $0 | — | — |
| 2021 | $72K | $35K | $425K | $0 | — | View 990 |
| 2020 | $2K | $36K | $356K | $0 | — | — |
| 2019 | $55K | $28K | $367K | $0 | — | View 990 |
| 2018 | $48K | $42K | $313K | $0 | — | View 990 |
| 2017 | $126K | $47K | $316K | $0 | — | View 990 |
| 2016 | $76K | $31K | $230K | $0 | — | View 990 |
| 2015 | $79K | $37K | $186K | $0 | — | View 990 |
| 2014 | $39K | $39K | $144K | $0 | — | View 990 |
| 2013 | $33K | $41K | $144K | $0 | — | View 990 |
| 2012 | $38K | $32K | $153K | $0 | — | View 990 |
| 2011 | $52K | $31K | $147K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $133K, expenses of $87K, and assets of $528K (revenue -28.4% year-over-year).
- 2022: Revenue of $186K, expenses of $91K, and assets of $452K (revenue +157.2% year-over-year).
- 2021: Revenue of $72K, expenses of $35K, and assets of $425K (revenue +4099.7% year-over-year).
- 2020: Revenue of $2K, expenses of $36K, and assets of $356K (revenue -96.9% year-over-year).
- 2019: Revenue of $55K, expenses of $28K, and assets of $367K (revenue +14.7% year-over-year).
- 2018: Revenue of $48K, expenses of $42K, and assets of $313K (revenue -62.1% year-over-year).
- 2017: Revenue of $126K, expenses of $47K, and assets of $316K (revenue +65.9% year-over-year).
- 2016: Revenue of $76K, expenses of $31K, and assets of $230K (revenue -3.5% year-over-year).
- 2015: Revenue of $79K, expenses of $37K, and assets of $186K (revenue +102.1% year-over-year).
- 2014: Revenue of $39K, expenses of $39K, and assets of $144K (revenue +19.2% year-over-year).
- 2013: Revenue of $33K, expenses of $41K, and assets of $144K (revenue -15.0% year-over-year).
- 2012: Revenue of $38K, expenses of $32K, and assets of $153K (revenue -25.9% year-over-year).
- 2011: Revenue of $52K, expenses of $31K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iafe Education Foundation:
Data Sources and Methodology
This transparency report for Iafe Education 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.