Nawbo Institute For Entrepreneurial Development

Nawbo Institute shows consistent revenue growth and asset accumulation, with no reported officer compensation.

EIN: 200218275 · Washington, DC · NTEE: S03 · Updated: 2026-03-28

$548KRevenue
$251KAssets
85/100Mission Score (Excellent)
S03
Nawbo Institute For Entrepreneurial Development Financial Summary
MetricValue
Total Revenue$548K
Total Expenses$385K
Program Spending80%
CEO/Top Officer Pay$399,941.
Net Assets$223K
Transparency Score85/100

Is Nawbo Institute For Entrepreneurial Development 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 →

Nawbo Institute For Entrepreneurial Development directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Nawbo Institute For Entrepreneurial Development

Nawbo Institute For Entrepreneurial Development (EIN: 200218275) is a nonprofit organization based in Washington, DC, classified under NTEE code S03. The organization reported total revenue of $548K and total assets of $251K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nawbo Institute For Entrepreneurial Development's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

Nawbo Institute For Entrepreneurial Development is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 37.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$400K
Total Expenses$385K
Surplus / Deficit+$15K
Total Assets$700K
Total Liabilities$477K
Net Assets$223K
Operating Margin3.7%
Debt-to-Asset Ratio68.1%
Months of Reserves21.8 months

Financial Health Grade: A

In 2023, Nawbo Institute For Entrepreneurial Development reported a surplus of $15K with revenue exceeding expenses, holds 21.8 months of operating reserves (strong position), has a debt-to-asset ratio of 68.1% (high leverage).

Financial Trends

Over 12 years of filings (2012–2023), Nawbo Institute For Entrepreneurial Development's revenue has grown at a compound annual growth rate (CAGR) of 37.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+1.6%+4.1%+3.3%
2022+83.3%+78.5%+132.8%
2021+33.7%+29.4%+92.3%
2020-15.6%-15.0%+6.8%
2019-23.6%-23.9%+2.5%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2004

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

AI Transparency Report

The Nawbo Institute For Entrepreneurial Development demonstrates a generally stable financial position, with recent years showing consistent revenue growth. In the 202306 period, the organization reported revenues of $399,941 against expenses of $384,976, indicating a slight surplus. This trend of revenues closely matching or slightly exceeding expenses is consistent across most recent filings, suggesting prudent financial management. The organization's assets have also shown significant growth, increasing from $151,388 in 202006 to $699,907 in 202306, which is a positive indicator of financial health and capacity. Spending efficiency appears reasonable given the close alignment of revenues and expenses. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall operational efficiency can be inferred from the consistent surpluses. The organization's commitment to transparency is bolstered by its consistent filing of IRS Form 990s over 12 periods, providing a comprehensive historical record of its financial activities. The reported 0% officer compensation across all periods is a notable aspect, suggesting that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which could contribute to lower administrative overhead. However, the significant increase in liabilities from $27,027 in 202006 to $476,549 in 202306 warrants closer examination. While assets have grown substantially, the corresponding rise in liabilities could indicate reliance on debt or deferred revenue, which should be monitored. Despite this, the overall financial trajectory, marked by revenue growth and asset accumulation, suggests a well-managed organization with a clear operational focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Nawbo Institute For Entrepreneurial Development with a Mission Score of 85 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Nawbo Institute For Entrepreneurial Development allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$400KTotal Revenue
$385KTotal Expenses
$700KTotal Assets
$477KTotal Liabilities
$223KNet Assets
  • The organization reported a surplus of $15K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 68.1%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership may be volunteer-based or compensated through non-officer channels, which is highly efficient for an organization of its size with recent revenues of $399,941.

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 Nawbo Institute For Entrepreneurial Development's IRS 990 filings:

  • Significant increase in liabilities from $27,027 in 202006 to $476,549 in 202306, warranting further investigation.

Strengths

The following positive indicators were identified for Nawbo Institute For Entrepreneurial Development:

  • Consistent revenue growth, from $160,733 in 202006 to $399,941 in 202306.
  • Substantial asset growth, from $151,388 in 202006 to $699,907 in 202306.
  • No reported officer compensation across all filing periods, indicating efficient use of funds.
  • Long history of IRS 990 filings (12 filings), demonstrating transparency and consistent reporting.

Frequently Asked Questions about Nawbo Institute For Entrepreneurial Development

Is Nawbo Institute For Entrepreneurial Development a legitimate charity?

Nawbo Institute For Entrepreneurial Development (EIN: 200218275) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $548K. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Nawbo Institute For Entrepreneurial Development spend its money?

Nawbo Institute For Entrepreneurial Development directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Nawbo Institute For Entrepreneurial Development tax-deductible?

Nawbo Institute For Entrepreneurial Development is registered as a tax-exempt nonprofit (EIN: 200218275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Nawbo Institute For Entrepreneurial Development CEO make?

Nawbo Institute For Entrepreneurial Development's highest-compensated officer earns $399,941. annually. The organization reported $548K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Nawbo Institute For Entrepreneurial Development's spending goes to programs?

Nawbo Institute For Entrepreneurial Development directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Nawbo Institute For Entrepreneurial Development compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Nawbo Institute For Entrepreneurial Development is above average for NTEE category S03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Nawbo Institute For Entrepreneurial Development located?

Nawbo Institute For Entrepreneurial Development is headquartered in Washington, Washington DC and files with the IRS under EIN 200218275. It is classified under NTEE code S03.

How many years of IRS 990 filings does Nawbo Institute For Entrepreneurial Development have?

Nawbo Institute For Entrepreneurial Development has 12 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 $548K in total revenue.

Is Nawbo Institute For Entrepreneurial Development financially stable?

Yes, the organization appears financially stable, demonstrating consistent revenue growth from $160,733 in 202006 to $399,941 in 202306, and significant asset growth from $151,388 to $699,907 over the same period.

How has the organization's asset base changed over time?

The organization's assets have grown substantially, from $151,388 in 202006 to $699,907 in 202306, indicating a strong increase in its financial resources.

What is the trend in the organization's liabilities?

Liabilities have increased significantly in recent years, from $27,027 in 202006 to $476,549 in 202306, which should be investigated further to understand the nature of these obligations.

Does the organization compensate its officers?

Based on the provided data, the organization consistently reports 0% officer compensation across all available filing periods, suggesting that officers are not compensated or are compensated through other means not reported as such.

Filing History

IRS 990 filing history for Nawbo Institute For Entrepreneurial Development showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Nawbo Institute For Entrepreneurial Development's revenue has grown by 3308.7%, moving from $12K to $400K. Total assets increased by 418.7% over the same period, from $135K to $700K. Total functional expenses rose by 9068.3%, from $4K to $385K. In its most recent filing year (2023), Nawbo Institute For Entrepreneurial Development reported a surplus of $15K, with revenue exceeding expenses. The organization holds $477K in liabilities against $700K in assets (debt-to-asset ratio: 68.1%), resulting in net assets of $223K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $400K $385K $700K $477K
2022 $394K $370K $678K $522K
2021 $215K $207K $291K $159K
2020 $161K $160K $151K $27K View 990
2019 $190K $189K $142K $18K View 990
2018 $249K $248K $138K $15K View 990
2017 $145K $147K $124K $2K View 990
2016 $8K $34K $127K $3K View 990
2015 $6K $5K $150K $1K View 990
2014 $12K $5K $147K $0 View 990
2013 $7K $5K $139K $3K View 990
2012 $12K $4K $135K $650 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $400K, expenses of $385K, and assets of $700K (revenue +1.6% year-over-year).
  • 2022: Revenue of $394K, expenses of $370K, and assets of $678K (revenue +83.3% year-over-year).
  • 2021: Revenue of $215K, expenses of $207K, and assets of $291K (revenue +33.7% year-over-year).
  • 2020: Revenue of $161K, expenses of $160K, and assets of $151K (revenue -15.6% year-over-year).
  • 2019: Revenue of $190K, expenses of $189K, and assets of $142K (revenue -23.6% year-over-year).
  • 2018: Revenue of $249K, expenses of $248K, and assets of $138K (revenue +72.3% year-over-year).
  • 2017: Revenue of $145K, expenses of $147K, and assets of $124K (revenue +1674.8% year-over-year).
  • 2016: Revenue of $8K, expenses of $34K, and assets of $127K (revenue +35.6% year-over-year).
  • 2015: Revenue of $6K, expenses of $5K, and assets of $150K (revenue -49.4% year-over-year).
  • 2014: Revenue of $12K, expenses of $5K, and assets of $147K (revenue +64.9% year-over-year).
  • 2013: Revenue of $7K, expenses of $5K, and assets of $139K (revenue -38.6% year-over-year).
  • 2012: Revenue of $12K, expenses of $4K, and assets of $135K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Nawbo Institute For Entrepreneurial Development:

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

Data Sources and Methodology

This transparency report for Nawbo Institute For Entrepreneurial Development 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.

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