Naacp Foundation

NAACP Foundation consistently reports low expenses relative to revenue, accumulating significant assets with 0% officer compensation.

EIN: 131998814 · Baltimore, MD · NTEE: R22I · Updated: 2026-03-28

$5.7MRevenue
$1.5MGross Revenue
$14.9MAssets
90/100Mission Score (Excellent)
R22I
Naacp Foundation Financial Summary
MetricValue
Total Revenue$5.7M
Total Expenses$189K
Program Spending90%
Net Assets$13.3M
Transparency Score90/100

Is Naacp Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Naacp Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Naacp Foundation

Naacp Foundation (EIN: 131998814) is a nonprofit organization based in Baltimore, MD, classified under NTEE code R22I. The organization reported total revenue of $5.7M and total assets of $14.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Naacp Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

62Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Naacp Foundation is a mid-size nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.2M
Total Expenses$189K
Surplus / Deficit+$1.1M
Total Assets$13.4M
Total Liabilities$56K
Net Assets$13.3M
Operating Margin84.8%
Debt-to-Asset Ratio0.4%
Months of Reserves850.5 months

Financial Health Grade: A

In 2023, Naacp Foundation reported a surplus of $1.1M with revenue exceeding expenses, holds 850.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Naacp Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-76.8%+6.4%+6.0%
2022+42.3%+16.9%+57.6%
2021-32.0%-82.7%+25.7%
2020+407.0%-6.3%+492.4%
2019+74.5%-36.2%+75.6%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1964

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The NAACP Foundation demonstrates strong financial health and appears to be highly efficient in its spending, particularly in recent years. For example, in 2023, the organization reported revenues of $1,241,912 against expenses of only $188,938, indicating a significant surplus. This trend of expenses being a small fraction of revenue is consistent across multiple recent filings, such as 2022 (Revenue: $5,360,998, Expenses: $177,544) and 2021 (Revenue: $3,766,686, Expenses: $151,892). This suggests a strong capacity to build reserves and invest in future programs. The organization's assets have also shown consistent growth, increasing from $612,772 in 2018 to $13,390,268 in 2023, further solidifying its financial position. However, a notable aspect is the consistent reporting of 0% officer compensation across all available filings. While this might indicate a volunteer-led executive structure or that compensation is handled by an affiliated entity, it warrants further investigation for complete transparency regarding leadership costs. The NTEE code R22I (Civil Rights) aligns well with the NAACP Foundation's mission, and the financial data suggests a strong focus on accumulating resources, likely for programmatic impact. The significant increase in assets over the past five years, from $1,076,204 in 2019 to $13,390,268 in 2023, is a positive indicator of financial stewardship and growth.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Naacp Foundation with a Mission Score of 90 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: 5%
  • programs: 90%
  • fundraising: 5%

According to IRS 990 filings, Naacp Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:

$1.2MTotal Revenue
$189KTotal Expenses
$13.4MTotal Assets
$56KTotal Liabilities
$13.3MNet Assets
  • The organization reported a surplus of $1.1M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.4%.

Executive Compensation Analysis

The NAACP Foundation consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size and revenue. This suggests that executive compensation may be covered by an affiliated entity or that leadership roles are entirely volunteer-based, requiring further clarification 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 Naacp Foundation's IRS 990 filings:

  • Consistent 0% officer compensation may obscure true leadership costs if paid by an affiliate.

Strengths

The following positive indicators were identified for Naacp Foundation:

  • Exceptional financial efficiency with very low expenses relative to revenue (e.g., 2023 expenses were only 15% of revenue).
  • Strong asset growth, increasing from $612,772 in 2018 to $13,390,268 in 2023, indicating robust financial health.
  • Consistent revenue generation, demonstrating strong fundraising capabilities.
  • Low liabilities relative to assets in recent years, improving financial leverage (e.g., 2023 assets $13.39M vs. liabilities $55K).

Frequently Asked Questions about Naacp Foundation

Is Naacp Foundation a legitimate charity?

Naacp Foundation (EIN: 131998814) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Naacp Foundation spend its money?

Naacp Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Naacp Foundation tax-deductible?

Naacp Foundation is registered as a tax-exempt nonprofit (EIN: 131998814). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Naacp Foundation's spending goes to programs?

Naacp Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Naacp Foundation compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Naacp Foundation is above average for NTEE category R22I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Naacp Foundation located?

Naacp Foundation is headquartered in Baltimore, Maryland and files with the IRS under EIN 131998814. It is classified under NTEE code R22I.

How many years of IRS 990 filings does Naacp Foundation have?

Naacp 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 $5.7M in total revenue.

How does the NAACP Foundation manage to report 0% officer compensation consistently?

The consistent reporting of 0% officer compensation across all filings suggests that executive salaries might be paid by an affiliated organization, or that the leadership operates on a purely volunteer basis. This practice, while potentially efficient, could benefit from further disclosure for complete transparency.

What is the primary use of the significant revenue surpluses and growing assets?

Given the substantial surpluses (e.g., $1,241,912 revenue vs. $188,938 expenses in 2023) and growing assets (from $612,772 in 2018 to $13,390,268 in 2023), it appears the organization is building reserves. The specific allocation of these accumulated funds towards future programs or endowments would require a deeper dive into their financial statements beyond the summary data.

Is the NAACP Foundation financially stable for long-term operations?

Yes, the NAACP Foundation appears to be very financially stable. Its consistent revenue generation, extremely low expense ratios, and significant growth in assets from $612,772 in 2018 to $13,390,268 in 2023 indicate a strong capacity for long-term operations and program funding.

Filing History

IRS 990 filing history for Naacp Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Naacp Foundation's revenue has declined by 15.3%, moving from $1.5M to $1.2M. Total assets increased by 2543.2% over the same period, from $507K to $13.4M. Total functional expenses fell by 86%, from $1.4M to $189K. In its most recent filing year (2023), Naacp Foundation reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $56K in liabilities against $13.4M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $13.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.2M $189K $13.4M $56K
2022 $5.4M $178K $12.6M $1.2M View 990
2021 $3.8M $152K $8.0M $1.1M View 990
2020 $5.5M $879K $6.4M $3.1M View 990
2019 $1.1M $938K $1.1M $2.6M View 990
2018 $627K $1.5M $613K $2.3M View 990
2017 $845K $1.5M $721K $1.5M View 990
2016 $1.7M $1.3M $671K $833K View 990
2015 $874K $1.3M $361K $937K View 990
2014 $690K $1.2M $389K $480K View 990
2013 $1.4M $1.1M $756K $383K View 990
2012 $1.7M $1.2M $529K $544K View 990
2011 $1.5M $1.4M $507K $955K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.2M, expenses of $189K, and assets of $13.4M (revenue -76.8% year-over-year).
  • 2022: Revenue of $5.4M, expenses of $178K, and assets of $12.6M (revenue +42.3% year-over-year).
  • 2021: Revenue of $3.8M, expenses of $152K, and assets of $8.0M (revenue -32.0% year-over-year).
  • 2020: Revenue of $5.5M, expenses of $879K, and assets of $6.4M (revenue +407.0% year-over-year).
  • 2019: Revenue of $1.1M, expenses of $938K, and assets of $1.1M (revenue +74.5% year-over-year).
  • 2018: Revenue of $627K, expenses of $1.5M, and assets of $613K (revenue -25.8% year-over-year).
  • 2017: Revenue of $845K, expenses of $1.5M, and assets of $721K (revenue -50.0% year-over-year).
  • 2016: Revenue of $1.7M, expenses of $1.3M, and assets of $671K (revenue +93.2% year-over-year).
  • 2015: Revenue of $874K, expenses of $1.3M, and assets of $361K (revenue +26.8% year-over-year).
  • 2014: Revenue of $690K, expenses of $1.2M, and assets of $389K (revenue -51.7% year-over-year).
  • 2013: Revenue of $1.4M, expenses of $1.1M, and assets of $756K (revenue -14.1% year-over-year).
  • 2012: Revenue of $1.7M, expenses of $1.2M, and assets of $529K (revenue +13.6% year-over-year).
  • 2011: Revenue of $1.5M, expenses of $1.4M, and assets of $507K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Naacp Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Naacp 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.

Other Nonprofits in Maryland

Explore more nonprofits based in Maryland with AI-powered transparency reports.

View all Maryland nonprofits →

Explore Related Nonprofits

Browse by State