Ibc Education Foundation
Ibc Education Foundation maintains stable finances with consistent revenue and expenses, reporting no liabilities or officer compensation.
EIN: 201593606 · Denver, CO · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $295K |
| Program Spending | 85% |
| Net Assets | $144K |
| Transparency Score | 80/100 |
Is Ibc Education Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ibc Education Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ibc Education Foundation
Ibc Education Foundation (EIN: 201593606) is a nonprofit organization based in Denver, CO. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ibc Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ibc Education Foundation is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $302K |
| Total Expenses | $295K |
| Surplus / Deficit | +$7K |
| Total Assets | $144K |
| Net Assets | $144K |
| Operating Margin | 2.3% |
| Months of Reserves | 5.9 months |
Financial Health Grade: A
In 2014, Ibc Education Foundation reported a surplus of $7K with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate).
Financial Trends
Over 4 years of filings (2011–2014), Ibc Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +7.1% | +4.8% | +5.2% |
| 2013 | +10.2% | -3.7% | +0.3% |
| 2012 | -6.1% | +24.7% | -21.0% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ibc Education Foundation with a Mission Score of 80 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, Ibc 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which can contribute to lower overhead costs for a small organization.
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 Ibc Education Foundation's IRS 990 filings:
- Lack of detailed expense breakdown in provided data prevents granular analysis of program efficiency.
Strengths
The following positive indicators were identified for Ibc Education Foundation:
- Consistent revenue and expense levels, indicating financial stability.
- Zero reported liabilities across all filings, demonstrating strong financial health.
- No reported officer compensation, potentially leading to lower administrative overhead.
- Consistent filing of IRS 990s, indicating good transparency practices.
Frequently Asked Questions about Ibc Education Foundation
Is Ibc Education Foundation a legitimate charity?
Ibc Education Foundation (EIN: 201593606) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 80/100. It has 4 years of IRS 990 filings on record. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Ibc Education Foundation spend its money?
Ibc Education Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ibc Education Foundation tax-deductible?
Ibc Education Foundation is registered as a tax-exempt nonprofit (EIN: 201593606). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ibc Education Foundation's spending goes to programs?
Ibc Education Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ibc Education Foundation located?
Ibc Education Foundation is headquartered in Denver, Colorado and files with the IRS under EIN 201593606.
How many years of IRS 990 filings does Ibc Education Foundation have?
Ibc Education Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Ibc Education Foundation a good charity?
Based on the available IRS 990 data, Ibc Education Foundation appears to be a financially stable organization with consistent revenue and expenses, no reported liabilities, and no officer compensation. These factors suggest responsible financial management. However, without detailed expense breakdowns (e.g., program vs. administrative costs), a definitive assessment of its programmatic impact and spending efficiency is limited.
What is the trend in Ibc Education Foundation's revenue and expenses?
Ibc Education Foundation's revenue has consistently been in the range of $250,000 to $302,000, with expenses closely tracking revenue, ranging from $234,319 to $294,950. This indicates a stable financial operation without significant growth or decline over the periods reported.
Does Ibc Education Foundation have any debt?
No, Ibc Education Foundation has consistently reported $0 in liabilities across all four available IRS 990 filings (2011-2014), indicating a debt-free financial position.
Filing History
IRS 990 filing history for Ibc Education Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Ibc Education Foundation's revenue has grown by 10.8%, moving from $273K to $302K. Total assets decreased by 16.7% over the same period, from $173K to $144K. Total functional expenses rose by 25.9%, from $234K to $295K. In its most recent filing year (2014), Ibc Education Foundation reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $302K | $295K | $144K | $0 | — | View 990 |
| 2013 | $282K | $282K | $137K | $0 | — | View 990 |
| 2012 | $256K | $292K | $136K | $0 | — | View 990 |
| 2011 | $273K | $234K | $173K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $302K, expenses of $295K, and assets of $144K (revenue +7.1% year-over-year).
- 2013: Revenue of $282K, expenses of $282K, and assets of $137K (revenue +10.2% year-over-year).
- 2012: Revenue of $256K, expenses of $292K, and assets of $136K (revenue -6.1% year-over-year).
- 2011: Revenue of $273K, expenses of $234K, and assets of $173K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ibc Education Foundation:
Data Sources and Methodology
This transparency report for Ibc 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.