Nileb Foundation Inc Tr Ua 2286 Nect
EIN: 516014967 · Wilmington, DE
| Metric | Value |
|---|---|
| Total Revenue | $51K |
| Total Expenses | $36K |
| Net Assets | $519K |
Is Nileb Foundation Inc Tr Ua 2286 Nect Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nileb Foundation Inc Tr Ua 2286 Nect
Nileb Foundation Inc Tr Ua 2286 Nect (EIN: 516014967) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $51K and total assets of $536K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nileb Foundation Inc Tr Ua 2286 Nect's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nileb Foundation Inc Tr Ua 2286 Nect is a micro nonprofit that has been operating for 53 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $36K |
| Surplus / Deficit | +$22K |
| Total Assets | $519K |
| Net Assets | $519K |
| Operating Margin | 37.6% |
| Months of Reserves | 170.7 months |
Financial Health Grade: A
In 2020, Nileb Foundation Inc Tr Ua 2286 Nect reported a surplus of $22K with revenue exceeding expenses, holds 170.7 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2020), Nileb Foundation Inc Tr Ua 2286 Nect's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +91.7% | +10.6% | +4.1% |
| 2019 | -21.5% | -1.3% | -0.6% |
| 2018 | +28.2% | +1.9% | — |
| 2017 | +36.2% | +2.6% | -100.0% |
| 2016 | -34.3% | +1.2% | -2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nileb Foundation Inc Tr Ua 2286 Nect has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nileb Foundation Inc Tr Ua 2286 Nect with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
Frequently Asked Questions about Nileb Foundation Inc Tr Ua 2286 Nect
Is Nileb Foundation Inc Tr Ua 2286 Nect a legitimate charity?
Nileb Foundation Inc Tr Ua 2286 Nect (EIN: 516014967) is a registered tax-exempt nonprofit based in Delaware. It has 10 years of IRS 990 filings on record. Total revenue: $51K. No red flags identified. Financial health grade: A.
How does Nileb Foundation Inc Tr Ua 2286 Nect spend its money?
Nileb Foundation Inc Tr Ua 2286 Nect reported $51K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nileb Foundation Inc Tr Ua 2286 Nect tax-deductible?
Nileb Foundation Inc Tr Ua 2286 Nect is registered as a tax-exempt nonprofit (EIN: 516014967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nileb Foundation Inc Tr Ua 2286 Nect located?
Nileb Foundation Inc Tr Ua 2286 Nect is headquartered in Wilmington, Delaware and files with the IRS under EIN 516014967.
How many years of IRS 990 filings does Nileb Foundation Inc Tr Ua 2286 Nect have?
Nileb Foundation Inc Tr Ua 2286 Nect 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 $51K in total revenue.
Filing History
IRS 990 filing history for Nileb Foundation Inc Tr Ua 2286 Nect showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Nileb Foundation Inc Tr Ua 2286 Nect's revenue has grown by 144.6%, moving from $24K to $58K. Total assets increased by 8.6% over the same period, from $478K to $519K. Total functional expenses rose by 73.7%, from $21K to $36K. In its most recent filing year (2020), Nileb Foundation Inc Tr Ua 2286 Nect reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $58K | $36K | $519K | $0 | — | — |
| 2019 | $31K | $33K | $499K | $0 | — | View 990 |
| 2018 | $39K | $33K | $502K | $0 | — | View 990 |
| 2017 | $30K | $33K | $0 | $0 | — | View 990 |
| 2016 | $22K | $32K | $498K | $0 | — | View 990 |
| 2015 | $34K | $32K | $508K | $0 | — | View 990 |
| 2014 | $35K | $23K | $505K | $0 | — | View 990 |
| 2013 | $29K | $18K | $493K | $0 | — | View 990 |
| 2012 | $21K | $20K | $482K | $0 | — | View 990 |
| 2011 | $24K | $21K | $478K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $58K, expenses of $36K, and assets of $519K (revenue +91.7% year-over-year).
- 2019: Revenue of $31K, expenses of $33K, and assets of $499K (revenue -21.5% year-over-year).
- 2018: Revenue of $39K, expenses of $33K, and assets of $502K (revenue +28.2% year-over-year).
- 2017: Revenue of $30K, expenses of $33K, and assets of $0 (revenue +36.2% year-over-year).
- 2016: Revenue of $22K, expenses of $32K, and assets of $498K (revenue -34.3% year-over-year).
- 2015: Revenue of $34K, expenses of $32K, and assets of $508K (revenue -2.7% year-over-year).
- 2014: Revenue of $35K, expenses of $23K, and assets of $505K (revenue +18.9% year-over-year).
- 2013: Revenue of $29K, expenses of $18K, and assets of $493K (revenue +38.2% year-over-year).
- 2012: Revenue of $21K, expenses of $20K, and assets of $482K (revenue -11.4% year-over-year).
- 2011: Revenue of $24K, expenses of $21K, and assets of $478K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nileb Foundation Inc Tr Ua 2286 Nect:
Data Sources and Methodology
This transparency report for Nileb Foundation Inc Tr Ua 2286 Nect 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.