Iccfa Educational Foundation
Iccfa Educational Foundation shows strong asset growth and zero liabilities with no reported officer compensation.
EIN: 202864182 · Sterling, VA · NTEE: B60 · Updated: 2026-03-28
About Iccfa Educational Foundation
Iccfa Educational Foundation (EIN: 202864182) is a nonprofit organization based in Sterling, VA, classified under NTEE code B60. The organization reported total revenue of $408K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iccfa Educational Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Iccfa Educational Foundation with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Iccfa Educational Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated below IRS reporting thresholds, which is highly favorable for directing resources to the 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.
Strengths
The following positive indicators were identified for Iccfa Educational Foundation:
- Consistent asset growth, increasing from $223,212 in 2014 to $1,132,318 in 2023.
- Zero reported liabilities across all 13 filings, indicating excellent financial stability.
- 0% officer compensation reported in all filings, suggesting efficient use of funds for programs.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating strong transparency.
- Revenue consistently covers expenses, with a healthy surplus in most years (e.g., $475,782 revenue vs. $345,153 expenses in 2022).
Frequently Asked Questions about Iccfa Educational Foundation
Is Iccfa Educational Foundation a good charity?
Based on the available financial data, Iccfa Educational Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, zero liabilities, and no reported officer compensation, suggesting efficient use of funds and a strong commitment to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $223,212 in 2014 to $1,132,318 in 2023, and it has consistently maintained zero liabilities, indicating robust financial management and growth.
What is the organization's approach to executive compensation?
The Iccfa Educational Foundation reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or that any compensation is minimal and falls below IRS reporting requirements, which is a positive indicator for resource allocation.
Filing History
IRS 990 filing history for Iccfa Educational Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iccfa Educational Foundation's revenue has grown by 3609.4%, moving from $11K to $418K. Total assets increased by 647.8% over the same period, from $151K to $1.1M. Total functional expenses rose by 3827.3%, from $10K to $404K. In its most recent filing year (2023), Iccfa Educational Foundation reported a surplus of $14K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $418K | $404K | $1.1M | $0 | — | — |
| 2022 | $476K | $345K | $1.1M | $0 | — | View 990 |
| 2021 | $384K | $375K | $988K | $0 | — | View 990 |
| 2020 | $520K | $71K | $992K | $0 | — | View 990 |
| 2019 | $207K | $163K | $543K | $0 | — | View 990 |
| 2018 | $189K | $86K | $499K | $0 | — | View 990 |
| 2017 | $171K | $74K | $397K | $0 | — | View 990 |
| 2016 | $78K | $59K | $301K | $0 | — | View 990 |
| 2015 | $103K | $44K | $282K | $0 | — | View 990 |
| 2014 | $61K | $32K | $223K | $0 | — | View 990 |
| 2013 | $54K | $13K | $194K | $0 | — | View 990 |
| 2012 | $14K | $14K | $152K | $0 | — | — |
| 2011 | $11K | $10K | $151K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $418K, expenses of $404K, and assets of $1.1M (revenue -12.2% year-over-year).
- 2022: Revenue of $476K, expenses of $345K, and assets of $1.1M (revenue +24.0% year-over-year).
- 2021: Revenue of $384K, expenses of $375K, and assets of $988K (revenue -26.2% year-over-year).
- 2020: Revenue of $520K, expenses of $71K, and assets of $992K (revenue +150.6% year-over-year).
- 2019: Revenue of $207K, expenses of $163K, and assets of $543K (revenue +9.8% year-over-year).
- 2018: Revenue of $189K, expenses of $86K, and assets of $499K (revenue +10.6% year-over-year).
- 2017: Revenue of $171K, expenses of $74K, and assets of $397K (revenue +118.6% year-over-year).
- 2016: Revenue of $78K, expenses of $59K, and assets of $301K (revenue -24.1% year-over-year).
- 2015: Revenue of $103K, expenses of $44K, and assets of $282K (revenue +67.3% year-over-year).
- 2014: Revenue of $61K, expenses of $32K, and assets of $223K (revenue +13.5% year-over-year).
- 2013: Revenue of $54K, expenses of $13K, and assets of $194K (revenue +276.9% year-over-year).
- 2012: Revenue of $14K, expenses of $14K, and assets of $152K (revenue +27.5% year-over-year).
- 2011: Revenue of $11K, expenses of $10K, and assets of $151K.
Data Sources and Methodology
This transparency report for Iccfa 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.