Idaho Business For Education Inc
Idaho Business For Education Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 203565109 · Boise, ID · NTEE: O53 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.3M |
| Program Spending | 80% |
| Net Assets | $691K |
| Transparency Score | 85/100 |
Is Idaho Business For Education Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Idaho Business For Education Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Idaho Business For Education Inc
Idaho Business For Education Inc (EIN: 203565109) is a nonprofit organization based in Boise, ID, classified under NTEE code O53. The organization reported total revenue of $2.0M and total assets of $296K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Idaho Business For Education Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Idaho Business For Education Inc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 20.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$334K |
| Total Assets | $719K |
| Total Liabilities | $28K |
| Net Assets | $691K |
| Operating Margin | 19.8% |
| Debt-to-Asset Ratio | 3.8% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, Idaho Business For Education Inc reported a surplus of $334K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Idaho Business For Education Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.9% | +12.4% | +93.6% |
| 2022 | -0.2% | +16.0% | -21.5% |
| 2021 | +1.2% | -9.8% | +12.5% |
| 2020 | +103.5% | +136.4% | -14.0% |
| 2019 | +48.8% | +12.3% | +9.9% |
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 Idaho Business For Education Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Idaho Business For Education Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $334K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated through non-officer roles, which is a positive indicator for donor trust 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 Idaho Business For Education Inc:
- Strong revenue growth, increasing from $1,087,133 in 2022 to $1,683,498 in 2023.
- Consistent positive net income, with revenue exceeding expenses in most years, notably in 2023 ($1,683,498 revenue vs. $1,349,575 expenses).
- Healthy asset accumulation, growing from $371,404 in 2022 to $719,024 in 2023.
- Very low liabilities relative to assets, indicating strong financial health (e.g., $27,674 liabilities vs. $719,024 assets in 2023).
- 0% reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
Frequently Asked Questions about Idaho Business For Education Inc
Is Idaho Business For Education Inc a legitimate charity?
Idaho Business For Education Inc (EIN: 203565109) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Idaho Business For Education Inc spend its money?
Idaho Business For Education Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Idaho Business For Education Inc tax-deductible?
Idaho Business For Education Inc is registered as a tax-exempt nonprofit (EIN: 203565109). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Idaho Business For Education Inc's spending goes to programs?
Idaho Business For Education Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Idaho Business For Education Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Idaho Business For Education Inc is above average for NTEE category O53 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Idaho Business For Education Inc located?
Idaho Business For Education Inc is headquartered in Boise, Idaho and files with the IRS under EIN 203565109. It is classified under NTEE code O53.
How many years of IRS 990 filings does Idaho Business For Education Inc have?
Idaho Business For Education Inc has 12 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 $2.0M in total revenue.
Is Idaho Business For Education Inc financially stable?
Yes, the organization appears financially stable. Its assets have grown significantly, reaching $719,024 in 2023, and it consistently generates more revenue than expenses, with a substantial surplus in 2023 ($1,683,498 revenue vs. $1,349,575 expenses).
How has the organization's revenue trended?
Idaho Business For Education Inc has experienced significant revenue growth, particularly in recent years. Revenue increased from $528,620 in 2019 to $1,683,498 in 2023, demonstrating a strong upward trend.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating a commitment to minimizing executive pay or relying on volunteer leadership.
Are the organization's liabilities a concern?
No, the organization's liabilities are very low relative to its assets. In 2023, liabilities were $27,674 compared to assets of $719,024, indicating a healthy financial position with minimal debt.
Filing History
IRS 990 filing history for Idaho Business For Education Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Idaho Business For Education Inc's revenue has grown by 694.6%, moving from $212K to $1.7M. Total assets increased by 350.7% over the same period, from $160K to $719K. Total functional expenses rose by 1953.8%, from $66K to $1.3M. In its most recent filing year (2023), Idaho Business For Education Inc reported a surplus of $334K, with revenue exceeding expenses. The organization holds $28K in liabilities against $719K in assets (debt-to-asset ratio: 3.8%), resulting in net assets of $691K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.3M | $719K | $28K | — | View 990 |
| 2022 | $1.1M | $1.2M | $371K | $14K | — | View 990 |
| 2021 | $1.1M | $1.0M | $473K | $2K | — | View 990 |
| 2020 | $1.1M | $1.1M | $421K | $4K | — | View 990 |
| 2019 | $529K | $485K | $489K | $1K | — | View 990 |
| 2018 | $355K | $432K | $445K | $1K | — | View 990 |
| 2017 | $532K | $521K | $521K | $1K | — | View 990 |
| 2016 | $546K | $421K | $511K | $1K | — | View 990 |
| 2015 | $594K | $469K | $386K | $1K | — | View 990 |
| 2014 | $433K | $339K | $263K | $4K | — | View 990 |
| 2013 | $269K | $262K | $169K | $4K | — | View 990 |
| 2012 | $212K | $66K | $160K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.3M, and assets of $719K (revenue +54.9% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $371K (revenue -0.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.0M, and assets of $473K (revenue +1.2% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $421K (revenue +103.5% year-over-year).
- 2019: Revenue of $529K, expenses of $485K, and assets of $489K (revenue +48.8% year-over-year).
- 2018: Revenue of $355K, expenses of $432K, and assets of $445K (revenue -33.2% year-over-year).
- 2017: Revenue of $532K, expenses of $521K, and assets of $521K (revenue -2.5% year-over-year).
- 2016: Revenue of $546K, expenses of $421K, and assets of $511K (revenue -8.2% year-over-year).
- 2015: Revenue of $594K, expenses of $469K, and assets of $386K (revenue +37.2% year-over-year).
- 2014: Revenue of $433K, expenses of $339K, and assets of $263K (revenue +61.3% year-over-year).
- 2013: Revenue of $269K, expenses of $262K, and assets of $169K (revenue +26.8% year-over-year).
- 2012: Revenue of $212K, expenses of $66K, and assets of $160K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Idaho Business For Education Inc:
Data Sources and Methodology
This transparency report for Idaho Business For Education 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.