International Foundation Inc

International Foundation Inc. consistently operates at a deficit, spending more than it earns in revenue.

EIN: 131962255 · Fairfield, NJ · Updated: 2026-03-28

$3.1MRevenue

$30.5MAssets

55/100Mission Score (Fair)

About International Foundation Inc

International Foundation Inc (EIN: 131962255) is a nonprofit organization based in Fairfield, NJ. The organization reported total revenue of $3.1M and total assets of $30.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

International Foundation Inc. exhibits a concerning financial trend, consistently spending more than it generates in revenue over the past four years (2020-2023). For example, in 2023, the organization reported $1,102,614 in revenue against $1,710,087 in expenses, resulting in a deficit. This pattern of operating at a loss, while not immediately critical given its substantial assets of over $30 million, is unsustainable long-term and could erode its financial stability if not addressed. The organization's assets have fluctuated, peaking at $32.6 million in 2021 before declining to $29.1 million in 2023.

The organization's transparency appears strong regarding executive compensation, reporting 0% officer compensation across all available filings, which is highly unusual for an organization of its size and asset base. This could indicate that officers are unpaid volunteers or that compensation is reported under other categories, warranting further investigation for complete clarity. Without a detailed breakdown of expenses (program, administrative, fundraising), it's challenging to fully assess spending efficiency, but the consistent operating deficits suggest potential inefficiencies or a reliance on asset drawdowns.

Given the lack of detailed expense breakdowns in the provided data, a precise assessment of program spending efficiency is difficult. However, the consistent operational deficits from 2020-2023, where expenses significantly outpaced revenue, raise questions about the sustainability of its current financial model. While the organization maintains substantial assets, this trend cannot continue indefinitely without impacting its long-term capacity to fulfill its mission. The reported zero officer compensation is a notable point for transparency, though it might also suggest a need for deeper inquiry into how leadership is compensated or structured.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Foundation Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, International Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with assets exceeding $30 million and annual expenses over $1 million. This suggests either an entirely volunteer-led executive team or that compensation is categorized differently, requiring further scrutiny for full 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 International Foundation Inc's IRS 990 filings:

Consistent operating deficits (expenses exceeding revenue) from 2020-2023, indicating an unsustainable financial model.
Significant fluctuation in annual revenue, making financial planning and stability challenging.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.

Strengths

The following positive indicators were identified for International Foundation Inc:

Substantial asset base ($30,477,562 latest, $29,124,849 in 2023) provides a buffer against operating deficits.
Low liabilities relative to assets (e.g., $111,979 liabilities vs. $29.1 million assets in 2023), indicating good balance sheet health.
Consistent reporting of 0% officer compensation, suggesting a potentially volunteer-driven leadership or highly efficient compensation structure.

Frequently Asked Questions about International Foundation Inc

Is International Foundation Inc. financially sustainable given its consistent operating deficits?

The organization has consistently spent more than its revenue from 2020 to 2023. For example, in 2023, expenses were $1,710,087 against revenues of $1,102,614. While it has substantial assets ($29.1 million in 2023), this trend is not sustainable long-term without drawing down assets or increasing revenue.

How does International Foundation Inc. manage to operate with 0% officer compensation?

The filings consistently show 0% officer compensation. This is highly unusual for an organization of its size and could indicate that officers are unpaid volunteers, or their compensation is reported under other expense categories, which would require further investigation to understand fully.

What is the primary source of funding for International Foundation Inc. given its fluctuating revenues?

Revenue has fluctuated significantly, from a low of $226,810 in 2020 to a high of $3,336,956 in 2019. Without more detailed 990 schedules, the specific sources (e.g., grants, donations, investment income) cannot be determined, but the variability suggests reliance on potentially inconsistent funding streams.

Filing History

IRS 990 filing history for International Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), International Foundation Inc's revenue has grown by 272.4%, moving from $296K to $1.1M. Total assets increased by 33.8% over the same period, from $21.8M to $29.1M. Total functional expenses rose by 35.2%, from $1.3M to $1.7M. In its most recent filing year (2023), International Foundation Inc reported a deficit of $607K, with expenses exceeding revenue. The organization holds $112K in liabilities against $29.1M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $29.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.1M	$1.7M	$29.1M	$112K	—	—
2022	$740K	$1.4M	$27.0M	$86K	—	View 990
2021	$1.0M	$1.5M	$32.7M	$120K	—	View 990
2020	$227K	$1.4M	$30.0M	$80K	—	View 990
2019	$3.3M	$1.5M	$27.2M	$116K	—	View 990
2015	$1.7M	$1.5M	$25.2M	$70K	—	View 990
2014	$1.4M	$1.1M	$26.8M	$88K	—	View 990
2013	$1.9M	$1.5M	$26.3M	$75K	—	View 990
2012	$770K	$1.3M	$23.4M	$68K	—	View 990
2011	$296K	$1.3M	$21.8M	$73K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.1M, expenses of $1.7M, and assets of $29.1M (revenue +48.9% year-over-year).
2022: Revenue of $740K, expenses of $1.4M, and assets of $27.0M (revenue -28.1% year-over-year).
2021: Revenue of $1.0M, expenses of $1.5M, and assets of $32.7M (revenue +353.8% year-over-year).
2020: Revenue of $227K, expenses of $1.4M, and assets of $30.0M (revenue -93.2% year-over-year).
2019: Revenue of $3.3M, expenses of $1.5M, and assets of $27.2M (revenue +95.8% year-over-year).
2015: Revenue of $1.7M, expenses of $1.5M, and assets of $25.2M (revenue +17.8% year-over-year).
2014: Revenue of $1.4M, expenses of $1.1M, and assets of $26.8M (revenue -25.3% year-over-year).
2013: Revenue of $1.9M, expenses of $1.5M, and assets of $26.3M (revenue +151.5% year-over-year).
2012: Revenue of $770K, expenses of $1.3M, and assets of $23.4M (revenue +160.0% year-over-year).
2011: Revenue of $296K, expenses of $1.3M, and assets of $21.8M.

Data Sources and Methodology

This transparency report for International Foundation 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.