Infin A Financial Services Alliance Inc
Infin A Financial Services Alliance Inc: Declining Revenue, Inconsistent Spending
EIN: 222838938 · Washington, DC · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Program Spending | 75% |
| Net Assets | $459K |
| Transparency Score | 65/100 |
Is Infin A Financial Services Alliance Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Infin A Financial Services Alliance Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Infin A Financial Services Alliance Inc
Infin A Financial Services Alliance Inc (EIN: 222838938) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $2.6M and total assets of $392K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Infin A Financial Services Alliance Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Infin A Financial Services Alliance Inc is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$184K |
| Total Assets | $459K |
| Net Assets | $459K |
| Operating Margin | 6.6% |
| Months of Reserves | 2.1 months |
Financial Health Grade: A
In 2023, Infin A Financial Services Alliance Inc reported a surplus of $184K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Infin A Financial Services Alliance Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | -21.2% | +64.1% |
| 2022 | -8.0% | +2.0% | -58.0% |
| 2021 | +100.8% | +77.4% | -12.0% |
| 2020 | -23.4% | -16.3% | -23.3% |
| 2019 | +3.4% | +1.3% | -10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Infin A Financial Services Alliance Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Infin A Financial Services Alliance Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $184K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is unusual and warrants further inquiry to understand the true compensation structure and ensure transparency.
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 Infin A Financial Services Alliance Inc's IRS 990 filings:
- Consistent decline in revenue over the past three years, from $3,173,599 in 2021 to $2,791,785 in 2023.
- Reporting 0% compensation across all years, which may indicate a lack of detailed disclosure regarding executive salaries or that compensation is embedded in other expense lines.
- Net assets have shown significant fluctuations, decreasing from $664,824 in 2021 to $279,403 in 2022, then increasing to $458,541 in 2023, indicating potential instability.
Strengths
The following positive indicators were identified for Infin A Financial Services Alliance Inc:
- The organization has maintained a positive asset base, with assets of $458,541 in 2023.
- Expenses have been managed to be less than revenue in 2023 ($2,608,213 expenses vs. $2,791,785 revenue), indicating improved financial management compared to previous years where expenses exceeded revenue.
Frequently Asked Questions about Infin A Financial Services Alliance Inc
Is Infin A Financial Services Alliance Inc a legitimate charity?
Infin A Financial Services Alliance Inc (EIN: 222838938) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Infin A Financial Services Alliance Inc spend its money?
Infin A Financial Services Alliance Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Infin A Financial Services Alliance Inc tax-deductible?
Infin A Financial Services Alliance Inc is registered as a tax-exempt nonprofit (EIN: 222838938). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Infin A Financial Services Alliance Inc's spending goes to programs?
Infin A Financial Services Alliance Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Infin A Financial Services Alliance Inc located?
Infin A Financial Services Alliance Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 222838938.
How many years of IRS 990 filings does Infin A Financial Services Alliance Inc have?
Infin A Financial Services Alliance Inc 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 $2.6M in total revenue.
What does Infin A Financial Services Alliance Inc do?
Infin A Financial Services Alliance Inc is a nonprofit organization in the Unknown sector, located in Washington, District of Columbia. It is classified under NTEE code Unknown.
How much revenue does Infin A Financial Services Alliance Inc have?
Infin A Financial Services Alliance Inc reported total revenue of $2,581,916. Based on 13 IRS 990 filings on record.
What are Infin A Financial Services Alliance Inc's total assets?
Infin A Financial Services Alliance Inc holds total assets of $392,331 as reported in IRS 990 filings.
Where is Infin A Financial Services Alliance Inc located?
Infin A Financial Services Alliance Inc is based in Washington, District of Columbia.
What is Infin A Financial Services Alliance Inc's EIN?
Infin A Financial Services Alliance Inc's Employer Identification Number (EIN) is 222838938. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Infin A Financial Services Alliance Inc?
Infin A Financial Services Alliance Inc is classified under NTEE code Unknown (Unknown).
Is Infin A Financial Services Alliance Inc a registered 501(c)(3)?
Infin A Financial Services Alliance Inc appears in IRS records (EIN: 222838938). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Infin A Financial Services Alliance Inc file IRS Form 990?
Yes, Infin A Financial Services Alliance Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Infin A Financial Services Alliance Inc's revenue in 2023?
In the 202312 filing period, Infin A Financial Services Alliance Inc reported total revenue of $2,791,785, total expenses of $2,608,213, and net assets of $458,541.
Is Infin A Financial Services Alliance Inc's revenue growing or declining?
Infin A Financial Services Alliance Inc's revenue is relatively stable. Revenue went from $2,920,179 (202212) to $2,791,785 (202312), a -4.4% change. Based on 13 filings on record.
What is Infin A Financial Services Alliance Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Infin A Financial Services Alliance Inc covers tax period 202312. It shows revenue of $2,791,785, expenses of $2,608,213, total assets of $458,541, and liabilities of N/A.
How much does Infin A Financial Services Alliance Inc spend on programs vs administration?
Based on IRS 990 analysis, Infin A Financial Services Alliance Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Infin A Financial Services Alliance Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Infin A Financial Services Alliance Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Infin A Financial Services Alliance Inc?
The following concerns were identified: Consistent decline in revenue over the past three years, from $3,173,599 in 2021 to $2,791,785 in 2023.. Reporting 0% compensation across all years, which may indicate a lack of detailed disclosure regarding executive salaries or that compensation is embedded in other expense lines.. Net assets have shown significant fluctuations, decreasing from $664,824 in 2021 to $279,403 in 2022, then increasing to $458,541 in 2023, indicating potential instability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Infin A Financial Services Alliance Inc's strengths?
Positive indicators for Infin A Financial Services Alliance Inc include: The organization has maintained a positive asset base, with assets of $458,541 in 2023.. Expenses have been managed to be less than revenue in 2023 ($2,608,213 expenses vs. $2,791,785 revenue), indicating improved financial management compared to previous years where expenses exceeded revenue.. These findings are derived from AI analysis of the organization's financial filings.
How does Infin A Financial Services Alliance Inc compensate executives?
Executive compensation is reported as 0% across all available filings, which is unusual and warrants further inquiry to understand the true compensation structure and ensure transparency. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% compensation reported, how does Infin A Financial Services Alliance Inc compensate its leadership, and is this information available in more detailed financial statements?
The provided data consistently shows 0% for compensation. This suggests that executive compensation might be reported under other expense categories, or the organization relies heavily on volunteer leadership, which would need to be verified through more detailed financial statements or direct inquiry.
What factors are contributing to the sustained decline in revenue for Infin A Financial Services Alliance Inc over the past three years, and what strategies are in place to reverse this trend?
Revenue has decreased from $3,173,599 in 2021 to $2,791,785 in 2023. Without additional context, it's difficult to pinpoint the exact causes. Potential factors could include changes in funding sources, economic downturns affecting donations, or shifts in program offerings. The organization's strategic plans would need to be reviewed to understand their approach to revenue generation.
Filing History
IRS 990 filing history for Infin A Financial Services Alliance Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Infin A Financial Services Alliance Inc's revenue has grown by 8.3%, moving from $2.6M to $2.8M. Total functional expenses fell by 5.2%, from $2.8M to $2.6M. In its most recent filing year (2023), Infin A Financial Services Alliance Inc reported a surplus of $184K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.6M | $459K | $0 | — | — |
| 2022 | $2.9M | $3.3M | $279K | $4K | — | View 990 |
| 2021 | $3.2M | $3.2M | $665K | $0 | — | View 990 |
| 2020 | $1.6M | $1.8M | $756K | $19K | — | — |
| 2019 | $2.1M | $2.2M | $985K | $0 | — | View 990 |
| 2018 | $2.0M | $2.2M | $1.1M | $0 | — | View 990 |
| 2017 | $2.0M | $2.4M | $1.3M | $171 | — | View 990 |
| 2016 | $2.6M | $2.1M | $1.6M | $3K | — | View 990 |
| 2015 | $2.2M | $2.0M | $1.1M | $0 | — | View 990 |
| 2014 | $2.8M | $1.8M | $951K | $8K | — | View 990 |
| 2013 | $1.9M | $2.1M | $0 | $39K | — | View 990 |
| 2012 | $2.4M | $2.1M | $93K | $0 | — | View 990 |
| 2011 | $2.6M | $2.8M | $-105,999 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.6M, and assets of $459K (revenue -4.4% year-over-year).
- 2022: Revenue of $2.9M, expenses of $3.3M, and assets of $279K (revenue -8.0% year-over-year).
- 2021: Revenue of $3.2M, expenses of $3.2M, and assets of $665K (revenue +100.8% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.8M, and assets of $756K (revenue -23.4% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.2M, and assets of $985K (revenue +3.4% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.2M, and assets of $1.1M (revenue -2.7% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.4M, and assets of $1.3M (revenue -19.8% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.1M, and assets of $1.6M (revenue +16.8% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.0M, and assets of $1.1M (revenue -20.8% year-over-year).
- 2014: Revenue of $2.8M, expenses of $1.8M, and assets of $951K (revenue +43.9% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.1M, and assets of $0 (revenue -18.6% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.1M, and assets of $93K (revenue -8.5% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.8M, and assets of $-105,999.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Infin A Financial Services Alliance Inc:
Data Sources and Methodology
This transparency report for Infin A Financial Services Alliance 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.