Nelson Mandella Institution For Knowledge Building & Advancement
Nelson Mandela Institution faces declining revenue and operating deficits, drawing down assets.
EIN: 203048545 · Washington, DC · NTEE: B43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $4.2M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $11.2M |
| Transparency Score | 70/100 |
Is Nelson Mandella Institution For Knowledge Building & Advancement Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nelson Mandella Institution For Knowledge Building & Advancement directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nelson Mandella Institution For Knowledge Building & Advancement
Nelson Mandella Institution For Knowledge Building & Advancement (EIN: 203048545) is a nonprofit organization based in Washington, DC, classified under NTEE code B43. The organization reported total revenue of $3.1M and total assets of $11.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nelson Mandella Institution For Knowledge Building & Advancement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nelson Mandella Institution For Knowledge Building & Advancement is a mid-size nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2016–2018). Revenue has grown at a compound annual rate of -26.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $4.2M |
| Surplus / Deficit | $-1,021,219 |
| Total Assets | $11.8M |
| Total Liabilities | $647K |
| Net Assets | $11.2M |
| Operating Margin | -32.6% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 34.2 months |
Financial Health Grade: B
In 2018, Nelson Mandella Institution For Knowledge Building & Advancement reported a deficit of $1.0M with expenses exceeding revenue, holds 34.2 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 3 years of filings (2016–2018), Nelson Mandella Institution For Knowledge Building & Advancement's revenue has declined at a compound annual growth rate (CAGR) of -26.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -5.4% | +20.4% | -12.1% |
| 2017 | -43.2% | +10.1% | -14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
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 Nelson Mandella Institution For Knowledge Building & Advancement with a Mission Score of 70 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Nelson Mandella Institution For Knowledge Building & Advancement allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all three filing periods, indicating that no compensation was paid to officers, which is highly favorable for an organization of its size with over $3 million in annual revenue.
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 Nelson Mandella Institution For Knowledge Building & Advancement's IRS 990 filings:
- Consistent operating deficits: Expenses exceeded revenue by $1,021,219 in 2018 and $137,349 in 2017.
- Significant decline in revenue from $5.8M in 2016 to $3.1M in 2018.
- Decrease in total assets from $15.6M in 2016 to $11.8M in 2018.
Strengths
The following positive indicators were identified for Nelson Mandella Institution For Knowledge Building & Advancement:
- No reported officer compensation (0% across all periods), indicating strong financial stewardship regarding executive pay.
- Substantial asset base of $11,835,983 in 2018, providing a buffer despite recent deficits.
- Relatively low liabilities compared to assets, with a healthy debt-to-asset ratio.
Frequently Asked Questions about Nelson Mandella Institution For Knowledge Building & Advancement
Is Nelson Mandella Institution For Knowledge Building & Advancement a legitimate charity?
Nelson Mandella Institution For Knowledge Building & Advancement (EIN: 203048545) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 70/100. It has 3 years of IRS 990 filings on record. Total revenue: $3.1M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Nelson Mandella Institution For Knowledge Building & Advancement spend its money?
Nelson Mandella Institution For Knowledge Building & Advancement directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Nelson Mandella Institution For Knowledge Building & Advancement tax-deductible?
Nelson Mandella Institution For Knowledge Building & Advancement is registered as a tax-exempt nonprofit (EIN: 203048545). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nelson Mandella Institution For Knowledge Building & Advancement CEO make?
Nelson Mandella Institution For Knowledge Building & Advancement's highest-compensated officer earns $3 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nelson Mandella Institution For Knowledge Building & Advancement's spending goes to programs?
Nelson Mandella Institution For Knowledge Building & Advancement directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nelson Mandella Institution For Knowledge Building & Advancement compare to similar nonprofits?
With a transparency score of 70/100 (Good), Nelson Mandella Institution For Knowledge Building & Advancement is above average for NTEE category B43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nelson Mandella Institution For Knowledge Building & Advancement located?
Nelson Mandella Institution For Knowledge Building & Advancement is headquartered in Washington, Washington DC and files with the IRS under EIN 203048545. It is classified under NTEE code B43.
How many years of IRS 990 filings does Nelson Mandella Institution For Knowledge Building & Advancement have?
Nelson Mandella Institution For Knowledge Building & Advancement has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $3.1M in total revenue.
Is the Nelson Mandela Institution For Knowledge Building & Advancement financially stable?
The organization is experiencing financial instability due to declining revenue from $5.8 million in 2016 to $3.1 million in 2018 and consistent operating deficits, with expenses exceeding revenue by over $1 million in 2018.
How has the organization's asset base changed?
The organization's assets have decreased from $15,668,362 in 2016 to $11,835,983 in 2018, reflecting the impact of its operating deficits.
What is the trend in the organization's revenue?
Revenue has shown a significant downward trend, decreasing from $5,826,802 in 2016 to $3,129,351 in 2018.
Does the organization pay its officers?
Based on the provided data, officer compensation is reported as 0% for all three filing periods, suggesting no compensation was paid to officers.
Filing History
IRS 990 filing history for Nelson Mandella Institution For Knowledge Building & Advancement showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2016–2018), Nelson Mandella Institution For Knowledge Building & Advancement's revenue has declined by 46.3%, moving from $5.8M to $3.1M. Total assets decreased by 24.5% over the same period, from $15.7M to $11.8M. Total functional expenses rose by 32.6%, from $3.1M to $4.2M. In its most recent filing year (2018), Nelson Mandella Institution For Knowledge Building & Advancement reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $647K in liabilities against $11.8M in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $11.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $3.1M | $4.2M | $11.8M | $647K | — | View 990 |
| 2017 | $3.3M | $3.4M | $13.5M | $1.2M | — | — |
| 2016 | $5.8M | $3.1M | $15.7M | $768K | — | — |
Year-by-Year Financial Summary
- 2018: Revenue of $3.1M, expenses of $4.2M, and assets of $11.8M (revenue -5.4% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.4M, and assets of $13.5M (revenue -43.2% year-over-year).
- 2016: Revenue of $5.8M, expenses of $3.1M, and assets of $15.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nelson Mandella Institution For Knowledge Building & Advancement:
Data Sources and Methodology
This transparency report for Nelson Mandella Institution For Knowledge Building & Advancement 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.