Nfc Forum Inc
Nfc Forum Inc maintains stable finances with consistent surpluses and no reported officer compensation.
EIN: 201752543 · Wakefield, MA · NTEE: S40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Nfc Forum Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Nfc Forum Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Nfc Forum Inc in one place.
Form 990 Filing Summary
12 filing years are available, with latest revenue of $1.5M and expenses of $1.5M.
Revenue and Expenses
Nfc Forum Inc reported $1.5M in revenue and $1.5M in expenses, a surplus of $62K.
Executive Compensation
Top officer compensation appears as $1.5 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Nfc Forum Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.3M (85%) |
Across stored filings, Nfc Forum Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 12 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and Community Improvement context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Joint Committee For Childrens Health Care In Everett →All Massachusetts nonprofits
All Community Improvement
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Wakefield, MA nonprofitsCommunity Improvement in Massachusetts
Public Benefit in Massachusetts
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Community Improvement spending
Best Community Improvement charities in Massachusetts
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
North American Marine Alliance Inc
Gloucester, MA · $2.7M revenue · Score 95/100
Compare side-by-sideSharing Foundation
Concord, MA · $1.2M revenue · Score 95/100
Compare side-by-sideMarthas Vineyard Community Television Inc
Vineyard Hvn, MA · $877K revenue · Score 95/100
Compare side-by-sideGrowing Places Garden Project Inc
Leominster, MA · $2.1M revenue · Score 90/100
Compare side-by-sideBrowse the full Community Improvement peer market in Massachusetts →
Next Best Actions
Keep the Investigation Moving
Verify legitimacy
Open the focused charity-check flow before donating.
Compare a peer
Benchmark against Joint Committee For Childrens Health Care In Everett.
Find best peers
See best Community Improvement charities in Massachusetts.
Inspect local compensation
See whether pay levels look unusual in this state.
Nfc Forum Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nfc Forum Inc
Nfc Forum Inc (EIN: 201752543) is a nonprofit organization based in Wakefield, MA, classified under NTEE code S40. The organization reported total revenue of $1.5M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nfc Forum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nfc Forum Inc is a mid-size nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$62K |
| Total Assets | $1.9M |
| Total Liabilities | $742K |
| Net Assets | $1.1M |
| Operating Margin | 4.0% |
| Debt-to-Asset Ratio | 39.4% |
| Months of Reserves | 15.2 months |
Financial Health Grade: A
In 2023, Nfc Forum Inc reported a surplus of $62K with revenue exceeding expenses, holds 15.2 months of operating reserves (strong position), has a debt-to-asset ratio of 39.4% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Nfc Forum Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.9% | -8.5% | +2.1% |
| 2022 | +7.6% | +11.9% | -5.4% |
| 2021 | -15.9% | -8.8% | +2.7% |
| 2020 | -5.0% | -8.3% | +13.0% |
| 2019 | +3.7% | +1.0% | +5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Nfc Forum Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Nfc Forum Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.4%.
Executive Compensation Analysis
Nfc Forum Inc consistently reports 0% officer compensation across all available filings, indicating that either executive leadership is entirely volunteer-based or compensation is categorized differently and not disclosed under 'Officer Comp' on the 990, which is unusual for an organization of its size with over $1.5 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 Nfc Forum Inc's IRS 990 filings:
- Lack of detailed spending breakdown (program, admin, fundraising) in provided data makes full efficiency assessment difficult.
- Consistent 0% officer compensation is unusual for an organization of this size and warrants further inquiry into how leadership costs are managed and reported.
Strengths
The following positive indicators were identified for Nfc Forum Inc:
- Consistent financial surpluses in recent years (e.g., $62,374 in 2023, $4,835 in 2022, $61,723 in 2021).
- Strong asset base relative to liabilities (e.g., $1,884,917 assets vs. $742,160 liabilities in 2023).
- No reported officer compensation, potentially indicating high efficiency in leadership costs.
- Long history of consistent IRS 990 filings, indicating transparency in financial reporting.
Frequently Asked Questions about Nfc Forum Inc
Is Nfc Forum Inc a legitimate charity?
Nfc Forum Inc (EIN: 201752543) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Nfc Forum Inc spend its money?
Nfc Forum Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Nfc Forum Inc tax-deductible?
Nfc Forum Inc is registered as a tax-exempt nonprofit (EIN: 201752543). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nfc Forum Inc CEO make?
Nfc Forum Inc's highest-compensated officer earns $1.5 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nfc Forum Inc's spending goes to programs?
Nfc Forum Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nfc Forum Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Nfc Forum Inc is above average for NTEE category S40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nfc Forum Inc located?
Nfc Forum Inc is headquartered in Wakefield, Massachusetts and files with the IRS under EIN 201752543. It is classified under NTEE code S40.
How many years of IRS 990 filings does Nfc Forum Inc have?
Nfc Forum Inc 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 $1.5M in total revenue.
Is Nfc Forum Inc a good charity?
Based on the provided financial data, Nfc Forum Inc appears to be a financially stable organization with consistent surpluses and a strong asset base. The absence of reported officer compensation is a notable positive for efficiency, suggesting resources are directed elsewhere. However, a full assessment would require more detailed spending breakdowns (program vs. admin/fundraising) and an understanding of their specific mission and impact.
How does Nfc Forum Inc manage its leadership costs?
The IRS 990 filings consistently show 0% officer compensation, which is highly unusual for an organization of this size. This suggests that leadership may be entirely volunteer, or that compensation for key personnel is reported under other expense categories, or through a related organization, which would require further investigation for complete transparency.
What is the trend in Nfc Forum Inc's revenue and expenses?
Nfc Forum Inc has seen a general decline in revenue from a peak of $2,631,734 in 2014 to $1,549,542 in 2023. Expenses have largely followed this trend, decreasing from $2,665,145 in 2014 to $1,487,168 in 2023. Despite the revenue decline, the organization has consistently managed to keep expenses below or very close to revenue in recent years, leading to surpluses.
Is Nfc Forum Inc financially stable?
Yes, Nfc Forum Inc appears financially stable. In 2023, it reported a surplus of $62,374 ($1,549,542 revenue - $1,487,168 expenses) and maintained healthy assets of $1,884,917, significantly exceeding its liabilities of $742,160. This trend of surpluses and strong asset-to-liability ratios has been consistent in recent years.
Filing History
IRS 990 filing history for Nfc Forum Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Nfc Forum Inc's revenue has declined by 41.8%, moving from $2.7M to $1.5M. Total assets increased by 23.3% over the same period, from $1.5M to $1.9M. Total functional expenses fell by 40.9%, from $2.5M to $1.5M. In its most recent filing year (2023), Nfc Forum Inc reported a surplus of $62K, with revenue exceeding expenses. The organization holds $742K in liabilities against $1.9M in assets (debt-to-asset ratio: 39.4%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $1.9M | $742K | — | — |
| 2022 | $1.6M | $1.6M | $1.8M | $765K | — | — |
| 2021 | $1.5M | $1.5M | $2.0M | $876K | — | View 990 |
| 2020 | $1.8M | $1.6M | $1.9M | $886K | — | — |
| 2019 | $1.9M | $1.7M | $1.7M | $876K | — | View 990 |
| 2018 | $1.8M | $1.7M | $1.6M | $947K | — | View 990 |
| 2017 | $1.9M | $2.0M | $1.4M | $848K | — | — |
| 2016 | $2.2M | $2.2M | $1.5M | $917K | — | View 990 |
| 2015 | $2.4M | $2.5M | $1.9M | $1.3M | — | View 990 |
| 2014 | $2.6M | $2.7M | $2.0M | $1.3M | — | View 990 |
| 2013 | $2.6M | $2.3M | $2.1M | $1.3M | — | View 990 |
| 2012 | $2.7M | $2.5M | $1.5M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $1.9M (revenue -4.9% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $1.8M (revenue +7.6% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $2.0M (revenue -15.9% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.6M, and assets of $1.9M (revenue -5.0% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.7M, and assets of $1.7M (revenue +3.7% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $1.6M (revenue -5.9% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.0M, and assets of $1.4M (revenue -11.2% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.2M, and assets of $1.5M (revenue -10.1% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.5M, and assets of $1.9M (revenue -7.6% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.7M, and assets of $2.0M (revenue -0.6% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.3M, and assets of $2.1M (revenue -0.7% year-over-year).
- 2012: Revenue of $2.7M, expenses of $2.5M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nfc Forum Inc:
Data Sources and Methodology
This transparency report for Nfc Forum Inc 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.