Nobel Prize Education Fund
Nobel Prize Education Fund shows volatile financial performance with significant asset growth and no reported liabilities.
EIN: 20783023 · Washington, DC · NTEE: B990 · Updated: 2026-03-28
Is Nobel Prize Education Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nobel Prize Education Fund directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nobel Prize Education Fund
Nobel Prize Education Fund (EIN: 20783023) is a nonprofit organization based in Washington, DC, classified under NTEE code B990. The organization reported total revenue of $130K and total assets of $487K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nobel Prize Education Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nobel Prize Education Fund is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $683K |
| Total Expenses | $723K |
| Surplus / Deficit | $-39,681 |
| Total Assets | $766K |
| Net Assets | $766K |
| Operating Margin | -5.8% |
| Months of Reserves | 12.7 months |
Financial Health Grade: B
In 2023, Nobel Prize Education Fund reported a deficit of $40K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Nobel Prize Education Fund's revenue has grown at a compound annual growth rate (CAGR) of 31.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +173.3% | -54.6% | -4.9% |
| 2022 | -85.1% | +863.4% | -62.5% |
| 2021 | +280.1% | -52.6% | +240.0% |
| 2020 | +64.7% | +6208.9% | +17.5% |
| 2019 | +49.6% | -26.3% | +95.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Nobel Prize Education Fund 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, Nobel Prize Education Fund 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led structure or that executive compensation is not reported as such, which is unusual for an organization with significant revenue and assets.
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 Nobel Prize Education Fund's IRS 990 filings:
- Highly inconsistent revenue and expense patterns, making financial forecasting challenging.
- Significant deficit in 2022, with expenses ($1,591,990) far exceeding revenue ($250,000).
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering efficiency assessment.
- Unclear executive compensation reporting (0% officer comp) for an organization with substantial financial activity.
Strengths
The following positive indicators were identified for Nobel Prize Education Fund:
- Consistent filing of IRS Form 990s, indicating transparency in reporting.
- Zero reported liabilities across all filings, demonstrating strong debt management.
- Significant growth in assets over time, from $102,635 in 2017 to $765,993 in 2023.
- Periods of strong revenue generation, such as $1,681,324 in 2021.
Frequently Asked Questions about Nobel Prize Education Fund
Is Nobel Prize Education Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Nobel Prize Education Fund (EIN: 20783023) some concerns. Mission Score: 70/100. 4 red flags identified, 4 strengths noted.
How does Nobel Prize Education Fund spend its money?
Nobel Prize Education Fund directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nobel Prize Education Fund tax-deductible?
Nobel Prize Education Fund is registered as a tax-exempt nonprofit (EIN: 20783023). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why is there 0% officer compensation reported across all filings, despite significant revenue and assets?
The consistent reporting of 0% officer compensation suggests the organization may be entirely volunteer-run at the executive level, or that compensation is categorized differently and not disclosed as 'officer compensation' on the 990s. This warrants further investigation into their detailed expense breakdowns.
What caused the significant expense spike of $1,591,990 in 2022, which far exceeded the $250,000 revenue for that year?
The large deficit in 2022, where expenses were over six times revenue, indicates a major operational event or investment. Understanding the nature of these expenses (e.g., a large program initiative, asset purchase, or one-time cost) is crucial for assessing financial management.
How does the organization manage its cash flow given the wide fluctuations in annual revenue and expenses?
The significant swings in revenue (e.g., $17 in 2017 vs. $1.68M in 2021) and expenses (e.g., $5,524 in 2019 vs. $1.59M in 2022) suggest a need for robust financial planning to ensure sustainability and consistent program delivery.
Filing History
IRS 990 filing history for Nobel Prize Education Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nobel Prize Education Fund's revenue has grown by 2624.1%, moving from $25K to $683K. Total assets increased by 651.1% over the same period, from $102K to $766K. Total functional expenses rose by 72280500%, from $1 to $723K. In its most recent filing year (2023), Nobel Prize Education Fund reported a deficit of $40K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $683K | $723K | $766K | $0 | — | — |
| 2022 | $250K | $1.6M | $806K | $0 | — | — |
| 2021 | $1.7M | $165K | $2.1M | $0 | — | View 990 |
| 2020 | $442K | $349K | $632K | $0 | — | — |
| 2019 | $269K | $6K | $538K | $0 | — | View 990 |
| 2018 | $180K | $7K | $275K | $0 | — | View 990 |
| 2017 | $17 | $8K | $103K | $0 | — | — |
| 2016 | $50K | $74K | $110K | $0 | — | View 990 |
| 2015 | $69 | $4K | $134K | $0 | — | View 990 |
| 2014 | $72 | $24K | $138K | $0 | — | View 990 |
| 2013 | $2.2M | $2.1M | $162K | $0 | — | View 990 |
| 2012 | $800K | $800K | $102K | $0 | — | View 990 |
| 2011 | $25K | $1 | $102K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $683K, expenses of $723K, and assets of $766K (revenue +173.3% year-over-year).
- 2022: Revenue of $250K, expenses of $1.6M, and assets of $806K (revenue -85.1% year-over-year).
- 2021: Revenue of $1.7M, expenses of $165K, and assets of $2.1M (revenue +280.1% year-over-year).
- 2020: Revenue of $442K, expenses of $349K, and assets of $632K (revenue +64.7% year-over-year).
- 2019: Revenue of $269K, expenses of $6K, and assets of $538K (revenue +49.6% year-over-year).
- 2018: Revenue of $180K, expenses of $7K, and assets of $275K (revenue +1056111.8% year-over-year).
- 2017: Revenue of $17, expenses of $8K, and assets of $103K (revenue -100.0% year-over-year).
- 2016: Revenue of $50K, expenses of $74K, and assets of $110K (revenue +72447.8% year-over-year).
- 2015: Revenue of $69, expenses of $4K, and assets of $134K (revenue -4.2% year-over-year).
- 2014: Revenue of $72, expenses of $24K, and assets of $138K (revenue -100.0% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.1M, and assets of $162K (revenue +170.0% year-over-year).
- 2012: Revenue of $800K, expenses of $800K, and assets of $102K (revenue +3090.5% year-over-year).
- 2011: Revenue of $25K, expenses of $1, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nobel Prize Education Fund:
Data Sources and Methodology
This transparency report for Nobel Prize Education Fund 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.