Northampton County Education Foundation Inc

Northampton County Education Foundation Inc. shows strong asset growth and minimal expenses, with no officer compensation reported.

EIN: 205274627 · Cape Charles, VA · NTEE: B112 · Updated: 2026-03-28

$189KRevenue
$222KAssets
85/100Mission Score (Excellent)
B112
Northampton County Education Foundation Inc Financial Summary
MetricValue
Total Revenue$189K
Total Expenses$6K
Program Spending95%
CEO/Top Officer Pay$482,441.
Net Assets$482K
Transparency Score85/100

Is Northampton County Education Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Northampton County Education Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Northampton County Education Foundation Inc

Northampton County Education Foundation Inc (EIN: 205274627) is a nonprofit organization based in Cape Charles, VA, classified under NTEE code B112. The organization reported total revenue of $189K and total assets of $222K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northampton County Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

17Years Operating
SmallSize Classification
5Years of Filings
MixedRevenue Trajectory

Northampton County Education Foundation Inc is a small nonprofit that has been operating for 17 years, with 5 years of IRS 990 filings on record (2018–2024). Revenue has grown at a compound annual rate of 7.6%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$133K
Total Expenses$6K
Surplus / Deficit+$127K
Total Assets$482K
Net Assets$482K
Operating Margin95.6%
Months of Reserves990.6 months

Financial Health Grade: A

In 2024, Northampton County Education Foundation Inc reported a surplus of $127K with revenue exceeding expenses, holds 990.6 months of operating reserves (strong position).

Financial Trends

Over 5 years of filings (2018–2024), Northampton County Education Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.

YearRevenue ChangeExpense ChangeAsset Change
2024+27.9%-84.3%+174.4%
2021+34.8%-40.9%+61.3%
2020-16.5%-17.5%+14.9%
2019+7.8%+35.9%+20.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2009

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Northampton County Education Foundation Inc. demonstrates a strong commitment to its mission, as evidenced by its financial filings. In the most recent period (202406), the organization reported $133,090 in revenue against only $5,844 in expenses, indicating a significant accumulation of assets rather than extensive program spending in that specific year. This trend of low expenses relative to revenue is also visible in prior years, such as 202106 where revenue was $104,074 and expenses were $37,282. The organization's assets have grown substantially, from $78,991 in 201812 to $482,441 in 202406, suggesting effective fundraising and asset management. The consistent reporting of 0% officer compensation across all filings indicates a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence and efficiency. However, the very low expense figures in some periods, particularly the $5,844 in 202406, raise questions about the direct programmatic impact during those specific years. While accumulating assets can be a strategic move for long-term sustainability, a charity's primary purpose is to deploy resources for its mission. The lack of reported officer compensation contributes to high transparency regarding executive pay, and the consistent filing of IRS Form 990s demonstrates compliance and openness. Overall, the foundation appears financially healthy with strong asset growth and efficient operations regarding administrative costs, but further detail on how accumulated assets are eventually deployed for educational programs would enhance understanding of its direct impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Northampton County Education Foundation 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

According to IRS 990 filings, Northampton County Education Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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:

$133KTotal Revenue
$6KTotal Expenses
$482KTotal Assets
$482KNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for an organization of its size with assets growing to $482,441.

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 Northampton County Education Foundation Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Northampton County Education Foundation Inc:

Frequently Asked Questions about Northampton County Education Foundation Inc

Is Northampton County Education Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Northampton County Education Foundation Inc (EIN: 205274627) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Northampton County Education Foundation Inc spend its money?

Northampton County Education Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Northampton County Education Foundation Inc tax-deductible?

Northampton County Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205274627). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Northampton County Education Foundation Inc CEO make?

Northampton County Education Foundation Inc's highest-compensated officer earns $482,441. annually. The organization reported $189K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Northampton County Education Foundation Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Northampton County Education Foundation Inc is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Northampton County Education Foundation Inc located?

Northampton County Education Foundation Inc is headquartered in Cape Charles, Virginia and files with the IRS under EIN 205274627. It is classified under NTEE code B112.

How many years of IRS 990 filings does Northampton County Education Foundation Inc have?

Northampton County Education Foundation Inc has 5 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 $189K in total revenue.

Is Northampton County Education Foundation Inc. a good charity?

Based on the available data, the foundation appears to be a financially sound organization with strong asset growth and extremely low administrative costs, including no reported officer compensation. Its efficiency in managing funds and growing its asset base is commendable. However, the very low expense figures in some periods suggest that a significant portion of its revenue is being accumulated rather than immediately spent on programs, which could be a strategic choice for future large-scale initiatives.

How does the organization spend its money?

The organization spends very little on expenses relative to its revenue, particularly in recent years. For example, in 202406, expenses were only $5,844 against $133,090 in revenue. The consistent 0% officer compensation indicates that nearly all expenses are likely directed towards program activities or essential operational costs, with virtually no overhead for executive salaries or fundraising.

Why are expenses so low in some periods?

The extremely low expenses, such as $5,844 in 202406, suggest that the organization may be in a phase of significant asset accumulation, possibly saving for larger future projects or endowments, rather than disbursing funds for immediate programmatic activities in those specific periods. It could also indicate a highly efficient, volunteer-driven operational model.

Filing History

IRS 990 filing history for Northampton County Education Foundation Inc showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2018–2024), Northampton County Education Foundation Inc's revenue has grown by 55.2%, moving from $86K to $133K. Total assets increased by 510.8% over the same period, from $79K to $482K. Total functional expenses fell by 89.6%, from $56K to $6K. In its most recent filing year (2024), Northampton County Education Foundation Inc reported a surplus of $127K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $133K $6K $482K $0
2021 $104K $37K $176K $0 View 990
2020 $77K $63K $109K $0
2019 $92K $77K $95K $0 View 990
2018 $86K $56K $79K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Northampton County Education Foundation Inc:

2024 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing

Data Sources and Methodology

This transparency report for Northampton County Education Foundation 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.

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