North Park Education Fund
North Park Education Fund shows consistent asset growth and no reported liabilities over a decade.
EIN: 202817941 · Walden, CO · NTEE: T22 · Updated: 2026-03-28
Is North Park Education Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North Park Education Fund directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North Park Education Fund
North Park Education Fund (EIN: 202817941) is a nonprofit organization based in Walden, CO, classified under NTEE code T22. The organization reported total revenue of $475K and total assets of $953K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Park Education Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Park Education Fund is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $428K |
| Total Expenses | $318K |
| Surplus / Deficit | +$110K |
| Total Assets | $832K |
| Net Assets | $832K |
| Operating Margin | 25.7% |
| Months of Reserves | 31.4 months |
Financial Health Grade: A
In 2024, North Park Education Fund reported a surplus of $110K with revenue exceeding expenses, holds 31.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2013–2024), North Park Education Fund's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -6.2% | -16.4% | +15.2% |
| 2023 | +45.0% | +61.1% | +11.7% |
| 2022 | +18.2% | -8.1% | +13.8% |
| 2021 | -41.5% | -24.6% | +1.6% |
| 2020 | +35.4% | +35.3% | +43.9% |
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 North Park Education Fund with a Mission Score of 90 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, North Park Education Fund 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $110K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for resource allocation to programs.
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.
Strengths
The following positive indicators were identified for North Park Education Fund:
- Consistent asset growth, from $165,498 in 2015 to $952,927 currently.
- Zero reported liabilities across all 12 filings, indicating strong financial stability.
- 0% officer compensation reported, suggesting high efficiency and dedication to mission.
- Revenue consistently exceeds expenses, allowing for healthy reserves and program investment.
- Positive trend in revenue generation over the past decade.
Frequently Asked Questions about North Park Education Fund
Is North Park Education Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, North Park Education Fund (EIN: 202817941) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does North Park Education Fund spend its money?
North Park Education Fund directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North Park Education Fund tax-deductible?
North Park Education Fund is registered as a tax-exempt nonprofit (EIN: 202817941). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is North Park Education Fund a good charity?
Based on its financial data, North Park Education Fund appears to be a very good charity. It demonstrates strong financial health with consistent asset growth, no reported liabilities, and a history of efficient spending where expenses are well below revenue, allowing for significant asset accumulation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $165,498 in 2015 to $952,927 currently, and revenue has increased from $174,983 in 2015 to $475,161. This indicates robust growth and effective financial management.
What is the organization's approach to executive compensation?
North Park Education Fund consistently reports 0% officer compensation in its IRS 990 filings, suggesting a commitment to directing funds towards its mission rather than executive salaries, or that executive roles are filled by volunteers.
Filing History
IRS 990 filing history for North Park Education Fund showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), North Park Education Fund's revenue has grown by 241.3%, moving from $125K to $428K. Total assets increased by 3180.3% over the same period, from $25K to $832K. Total functional expenses rose by 188.7%, from $110K to $318K. In its most recent filing year (2024), North Park Education Fund reported a surplus of $110K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $428K | $318K | $832K | $0 | — | — |
| 2023 | $456K | $380K | $722K | $0 | — | View 990 |
| 2022 | $314K | $236K | $647K | $0 | — | View 990 |
| 2021 | $266K | $257K | $569K | $0 | — | View 990 |
| 2020 | $454K | $340K | $559K | $0 | — | View 990 |
| 2019 | $335K | $252K | $389K | $0 | — | View 990 |
| 2018 | $245K | $338K | $305K | $0 | — | View 990 |
| 2017 | $223K | $71K | $398K | $0 | — | View 990 |
| 2016 | $169K | $88K | $246K | $0 | — | View 990 |
| 2015 | $175K | $78K | $165K | $0 | — | View 990 |
| 2014 | $155K | $112K | $68K | $0 | — | View 990 |
| 2013 | $125K | $110K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $428K, expenses of $318K, and assets of $832K (revenue -6.2% year-over-year).
- 2023: Revenue of $456K, expenses of $380K, and assets of $722K (revenue +45.0% year-over-year).
- 2022: Revenue of $314K, expenses of $236K, and assets of $647K (revenue +18.2% year-over-year).
- 2021: Revenue of $266K, expenses of $257K, and assets of $569K (revenue -41.5% year-over-year).
- 2020: Revenue of $454K, expenses of $340K, and assets of $559K (revenue +35.4% year-over-year).
- 2019: Revenue of $335K, expenses of $252K, and assets of $389K (revenue +36.8% year-over-year).
- 2018: Revenue of $245K, expenses of $338K, and assets of $305K (revenue +10.1% year-over-year).
- 2017: Revenue of $223K, expenses of $71K, and assets of $398K (revenue +31.7% year-over-year).
- 2016: Revenue of $169K, expenses of $88K, and assets of $246K (revenue -3.5% year-over-year).
- 2015: Revenue of $175K, expenses of $78K, and assets of $165K (revenue +13.0% year-over-year).
- 2014: Revenue of $155K, expenses of $112K, and assets of $68K (revenue +23.6% year-over-year).
- 2013: Revenue of $125K, expenses of $110K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Park Education Fund:
Data Sources and Methodology
This transparency report for North Park 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.