Isaiah 61 Foundation
Isaiah 61 Foundation maintains substantial assets and reports zero officer compensation across all filings.
EIN: 141827942 · Burlington, VT · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $966K |
| Program Spending | 90% |
| Net Assets | $12.1M |
| Transparency Score | 92/100 |
Is Isaiah 61 Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Isaiah 61 Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Isaiah 61 Foundation
Isaiah 61 Foundation (EIN: 141827942) is a nonprofit organization based in Burlington, VT, classified under NTEE code T21. The organization reported total revenue of $2.7M and total assets of $11.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Isaiah 61 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Isaiah 61 Foundation is a mid-size nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $966K |
| Surplus / Deficit | +$74K |
| Total Assets | $12.1M |
| Total Liabilities | $2K |
| Net Assets | $12.1M |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 150.9 months |
Financial Health Grade: A
In 2023, Isaiah 61 Foundation reported a surplus of $74K with revenue exceeding expenses, holds 150.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Isaiah 61 Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.8% | +15.7% | +0.6% |
| 2022 | -31.9% | -36.2% | -15.4% |
| 2021 | -26.0% | -3.5% | -1.6% |
| 2020 | -22.6% | +51.5% | +0.8% |
| 2019 | +46.0% | -16.5% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Isaiah 61 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Isaiah 61 Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $74K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Isaiah 61 Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure, which is highly favorable for directing funds towards programmatic activities.
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 Isaiah 61 Foundation's IRS 990 filings:
- Gradual decline in total assets over the past decade, from $16.8M in 2014 to $12.1M in 2023.
Strengths
The following positive indicators were identified for Isaiah 61 Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive costs.
- Substantial asset base of $12,148,670 as of 2023, providing strong financial stability.
- Very low liabilities, consistently under $7,000 in recent years, demonstrating prudent financial management.
- Expenses generally managed within or close to revenue levels, as seen in 2023 where revenue ($1,039,671) exceeded expenses ($965,955).
Frequently Asked Questions about Isaiah 61 Foundation
Is Isaiah 61 Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Isaiah 61 Foundation (EIN: 141827942) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Isaiah 61 Foundation spend its money?
Isaiah 61 Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Isaiah 61 Foundation tax-deductible?
Isaiah 61 Foundation is registered as a tax-exempt nonprofit (EIN: 141827942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Isaiah 61 Foundation's spending goes to programs?
Isaiah 61 Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Isaiah 61 Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Isaiah 61 Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Isaiah 61 Foundation located?
Isaiah 61 Foundation is headquartered in Burlington, Vermont and files with the IRS under EIN 141827942. It is classified under NTEE code T21.
How many years of IRS 990 filings does Isaiah 61 Foundation have?
Isaiah 61 Foundation has 10 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 $2.7M in total revenue.
Is Isaiah 61 Foundation a good charity?
Based on the available IRS 990 data, Isaiah 61 Foundation appears to be a good charity. It consistently reports zero officer compensation, maintains substantial assets, and generally manages expenses within revenue, indicating a strong commitment to its mission and efficient use of funds.
How has the organization's revenue trended over time?
The organization's revenue has fluctuated, peaking at $1,894,846 in 2019 and seeing a recent high of $1,039,671 in 2023, after a dip to $738,368 in 2022. Overall, it has shown variability but remains above its earlier reported figures from 2011-2012.
What is the trend in the organization's assets?
The organization's assets have shown a gradual decline from a peak of $16,840,318 in 2014 to $12,148,670 in 2023. Despite this decline, the current asset base remains substantial, providing significant financial stability.
How does the organization manage its liabilities?
The Isaiah 61 Foundation consistently reports very low liabilities, ranging from $0 to $2,290 in recent years. This indicates excellent financial management with minimal debt burden.
Filing History
IRS 990 filing history for Isaiah 61 Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Isaiah 61 Foundation's revenue has grown by 125.4%, moving from $461K to $1.0M. Total assets decreased by 10% over the same period, from $13.5M to $12.1M. Total functional expenses rose by 1.2%, from $955K to $966K. In its most recent filing year (2023), Isaiah 61 Foundation reported a surplus of $74K, with revenue exceeding expenses. The organization holds $2K in liabilities against $12.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $966K | $12.1M | $2K | — | — |
| 2022 | $738K | $835K | $12.1M | $7K | — | — |
| 2021 | $1.1M | $1.3M | $14.3M | $6K | — | View 990 |
| 2020 | $1.5M | $1.4M | $14.5M | $11K | — | View 990 |
| 2019 | $1.9M | $895K | $14.4M | $1 | — | View 990 |
| 2015 | $1.3M | $1.1M | $15.6M | $1 | — | View 990 |
| 2014 | $1.1M | $933K | $16.8M | $0 | — | View 990 |
| 2013 | $1.4M | $938K | $16.1M | $0 | — | View 990 |
| 2012 | $508K | $873K | $13.9M | $0 | — | View 990 |
| 2011 | $461K | $955K | $13.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $966K, and assets of $12.1M (revenue +40.8% year-over-year).
- 2022: Revenue of $738K, expenses of $835K, and assets of $12.1M (revenue -31.9% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.3M, and assets of $14.3M (revenue -26.0% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $14.5M (revenue -22.6% year-over-year).
- 2019: Revenue of $1.9M, expenses of $895K, and assets of $14.4M (revenue +46.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.1M, and assets of $15.6M (revenue +16.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $933K, and assets of $16.8M (revenue -18.7% year-over-year).
- 2013: Revenue of $1.4M, expenses of $938K, and assets of $16.1M (revenue +169.7% year-over-year).
- 2012: Revenue of $508K, expenses of $873K, and assets of $13.9M (revenue +10.1% year-over-year).
- 2011: Revenue of $461K, expenses of $955K, and assets of $13.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Isaiah 61 Foundation:
Data Sources and Methodology
This transparency report for Isaiah 61 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.