Not For Sale Fund

Not For Sale Fund shows volatile finances with recurring deficits and significant liabilities.

EIN: 205659783 · Las Vegas, NV · NTEE: P12 · Updated: 2026-03-28

$599KRevenue

$2.6MAssets

60/100Mission Score (Good)

P12

About Not For Sale Fund

Not For Sale Fund (EIN: 205659783) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code P12. The organization reported total revenue of $599K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Not For Sale Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Not For Sale Fund exhibits inconsistent financial performance over the past decade. While the organization has reported significant revenue in some years, such as $4,135,390 in 2013 and $2,455,377 in 2014, it has also experienced substantial deficits, notably in 2022 where expenses of $1,391,850 far outstripped revenue of $227,410. This volatility raises questions about long-term financial stability and consistent funding streams. The organization's assets have fluctuated significantly, from a low of $898,817 in 2016 to a high of $3,527,529 in 2021, indicating a dynamic but potentially unpredictable financial landscape.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the recurring pattern of expenses exceeding revenue in multiple years (e.g., 2022, 2021, 2019, 2018, 2015, 2014) suggests that the organization may struggle with managing its expenditures relative to its income. The significant liabilities reported in recent years, such as $2,056,049 in 2022 and $2,091,132 in 2021, are a concern, as they represent a substantial portion of the organization's assets and could impact its operational flexibility.

Transparency regarding executive compensation appears strong, with 0% officer compensation reported across all available filings. This indicates that the organization's leadership is not drawing a salary from the nonprofit, which is a positive sign for donor confidence. However, the lack of detailed expense breakdowns beyond total revenue and expenses limits a comprehensive assessment of how funds are allocated across different functions, which is a key aspect of financial transparency for donors and stakeholders.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Not For Sale Fund with a Mission Score of 60 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: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Not For Sale Fund allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for a nonprofit of its size with assets ranging from under $1 million to over $3.5 million.

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 Not For Sale Fund's IRS 990 filings:

Recurring significant deficits (e.g., $1,164,440 in 2022, $991,989 in 2019).
High liabilities relative to assets ($2,056,049 liabilities vs. $2,328,006 assets in 2022).
Volatile revenue streams over the past decade.
Expenses frequently exceeding revenue.

Strengths

The following positive indicators were identified for Not For Sale Fund:

0% officer compensation reported across all filings, indicating strong financial stewardship at the executive level.
Significant asset base in some years (e.g., $3,527,529 in 2021).
Long filing history (13 filings) suggests consistent compliance with IRS reporting requirements.

Frequently Asked Questions about Not For Sale Fund

Is Not For Sale Fund financially stable given its recurring deficits?

The organization has experienced significant deficits in multiple years, including $1,164,440 in 2022 and $991,989 in 2019, which raises concerns about its long-term financial stability despite periods of higher revenue.

What is the nature of the significant liabilities reported in recent years?

The liabilities of $2,056,049 in 2022 and $2,091,132 in 2021 are substantial relative to the organization's assets and warrant further investigation to understand their origin and impact on financial health.

How does Not For Sale Fund manage its expenses during periods of low revenue?

With revenue of $227,410 and expenses of $1,391,850 in 2022, the organization incurred a significant loss, suggesting challenges in expense management or reliance on prior reserves/debt during lean periods.

What is the specific breakdown of program, administrative, and fundraising expenses?

The provided data only includes total expenses, making it difficult to precisely determine the efficiency of spending across programs, administration, and fundraising without more detailed IRS 990 schedules.

Filing History

IRS 990 filing history for Not For Sale Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2010–2022), Not For Sale Fund's revenue has declined by 87.2%, moving from $1.8M to $227K. Total assets increased by 213% over the same period, from $744K to $2.3M. Total functional expenses fell by 14.2%, from $1.6M to $1.4M. In its most recent filing year (2022), Not For Sale Fund reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $2.1M in liabilities against $2.3M in assets (debt-to-asset ratio: 88.3%), resulting in net assets of $272K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$227K	$1.4M	$2.3M	$2.1M	—	View 990
2021	$1.1M	$1.2M	$3.5M	$2.1M	—	View 990
2020	$1.6M	$1.1M	$1.8M	$318K	—	—
2019	$1.1M	$2.1M	$1.1M	$96K	—	View 990
2018	$982K	$1.8M	$2.2M	$155K	—	View 990
2017	$1.9M	$1.4M	$3.0M	$128K	—	View 990
2016	$1.3M	$955K	$899K	$72K	—	View 990
2015	$1.6M	$1.9M	$1.0M	$104K	—	View 990
2014	$2.5M	$2.7M	$1.3M	$104K	—	View 990
2013	$4.1M	$3.9M	$998K	$338K	—	View 990
2012	$3.6M	$3.8M	$651K	$182K	—	View 990
2011	$4.4M	$4.2M	$873K	$171K	—	View 990
2010	$1.8M	$1.6M	$744K	$47K	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $227K, expenses of $1.4M, and assets of $2.3M (revenue -79.4% year-over-year).
2021: Revenue of $1.1M, expenses of $1.2M, and assets of $3.5M (revenue -29.3% year-over-year).
2020: Revenue of $1.6M, expenses of $1.1M, and assets of $1.8M (revenue +44.1% year-over-year).
2019: Revenue of $1.1M, expenses of $2.1M, and assets of $1.1M (revenue +10.1% year-over-year).
2018: Revenue of $982K, expenses of $1.8M, and assets of $2.2M (revenue -47.7% year-over-year).
2017: Revenue of $1.9M, expenses of $1.4M, and assets of $3.0M (revenue +47.8% year-over-year).
2016: Revenue of $1.3M, expenses of $955K, and assets of $899K (revenue -21.0% year-over-year).
2015: Revenue of $1.6M, expenses of $1.9M, and assets of $1.0M (revenue -34.5% year-over-year).
2014: Revenue of $2.5M, expenses of $2.7M, and assets of $1.3M (revenue -40.6% year-over-year).
2013: Revenue of $4.1M, expenses of $3.9M, and assets of $998K (revenue +16.2% year-over-year).
2012: Revenue of $3.6M, expenses of $3.8M, and assets of $651K (revenue -18.5% year-over-year).
2011: Revenue of $4.4M, expenses of $4.2M, and assets of $873K (revenue +145.0% year-over-year).
2010: Revenue of $1.8M, expenses of $1.6M, and assets of $744K.

Data Sources and Methodology

This transparency report for Not For Sale 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.