Iraqi Children Foundation
EIN: 261394773 · Falls Church, VA · NTEE: Q30
| Metric | Value |
|---|---|
| Total Revenue | $784K |
| Total Expenses | $750K |
| Net Assets | $30K |
Is Iraqi Children Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iraqi Children Foundation
Iraqi Children Foundation (EIN: 261394773) is a nonprofit organization based in Falls Church, VA, classified under NTEE code Q30. The organization reported total revenue of $784K and total assets of $101K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iraqi Children Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iraqi Children Foundation is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $563K |
| Total Expenses | $750K |
| Surplus / Deficit | $-186,671 |
| Total Assets | $94K |
| Total Liabilities | $64K |
| Net Assets | $30K |
| Operating Margin | -33.2% |
| Debt-to-Asset Ratio | 68.0% |
| Months of Reserves | 1.5 months |
Financial Health Grade: D
In 2023, Iraqi Children Foundation reported a deficit of $187K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 68.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Iraqi Children Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.3% | +32.0% | -61.6% |
| 2022 | +46.8% | +25.5% | +37.3% |
| 2021 | -10.1% | +15.7% | -8.3% |
| 2020 | +21.4% | +9.2% | +92.5% |
| 2019 | +51.2% | +53.5% | +41.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iraqi Children Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Iraqi Children Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $187K, with expenses exceeding revenue.
- Debt-to-asset ratio: 68.0%.
Frequently Asked Questions about Iraqi Children Foundation
Is Iraqi Children Foundation a legitimate charity?
Iraqi Children Foundation (EIN: 261394773) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $784K. No red flags identified. Financial health grade: D.
How does Iraqi Children Foundation spend its money?
Iraqi Children Foundation reported $784K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iraqi Children Foundation tax-deductible?
Iraqi Children Foundation is registered as a tax-exempt nonprofit (EIN: 261394773). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iraqi Children Foundation located?
Iraqi Children Foundation is headquartered in Falls Church, Virginia and files with the IRS under EIN 261394773. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Iraqi Children Foundation have?
Iraqi Children Foundation 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 $784K in total revenue.
Filing History
IRS 990 filing history for Iraqi Children Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Iraqi Children Foundation's revenue has grown by 880%, moving from $57K to $563K. Total assets increased by 379.6% over the same period, from $20K to $94K. Total functional expenses rose by 1598.2%, from $44K to $750K. In its most recent filing year (2023), Iraqi Children Foundation reported a deficit of $187K, with expenses exceeding revenue. The organization holds $64K in liabilities against $94K in assets (debt-to-asset ratio: 68.0%), resulting in net assets of $30K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $563K | $750K | $94K | $64K | — | — |
| 2022 | $628K | $568K | $245K | $28K | — | View 990 |
| 2021 | $427K | $453K | $178K | $21K | — | View 990 |
| 2020 | $475K | $391K | $195K | $12K | — | — |
| 2019 | $391K | $358K | $101K | $3K | — | View 990 |
| 2018 | $259K | $233K | $71K | $6K | — | View 990 |
| 2017 | $178K | $178K | $40K | $53 | — | View 990 |
| 2016 | $135K | $130K | $10K | $40 | — | View 990 |
| 2015 | $110K | $126K | $5K | $15 | — | View 990 |
| 2014 | $139K | $138K | $20K | $0 | — | View 990 |
| 2013 | $117K | $108K | $19K | $0 | — | View 990 |
| 2012 | $77K | $87K | $10K | $0 | — | View 990 |
| 2011 | $57K | $44K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $563K, expenses of $750K, and assets of $94K (revenue -10.3% year-over-year).
- 2022: Revenue of $628K, expenses of $568K, and assets of $245K (revenue +46.8% year-over-year).
- 2021: Revenue of $427K, expenses of $453K, and assets of $178K (revenue -10.1% year-over-year).
- 2020: Revenue of $475K, expenses of $391K, and assets of $195K (revenue +21.4% year-over-year).
- 2019: Revenue of $391K, expenses of $358K, and assets of $101K (revenue +51.2% year-over-year).
- 2018: Revenue of $259K, expenses of $233K, and assets of $71K (revenue +45.8% year-over-year).
- 2017: Revenue of $178K, expenses of $178K, and assets of $40K (revenue +31.5% year-over-year).
- 2016: Revenue of $135K, expenses of $130K, and assets of $10K (revenue +22.6% year-over-year).
- 2015: Revenue of $110K, expenses of $126K, and assets of $5K (revenue -20.6% year-over-year).
- 2014: Revenue of $139K, expenses of $138K, and assets of $20K (revenue +18.5% year-over-year).
- 2013: Revenue of $117K, expenses of $108K, and assets of $19K (revenue +51.5% year-over-year).
- 2012: Revenue of $77K, expenses of $87K, and assets of $10K (revenue +34.4% year-over-year).
- 2011: Revenue of $57K, expenses of $44K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iraqi Children Foundation:
Data Sources and Methodology
This transparency report for Iraqi Children 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.