Nufdi Fund Inc
EIN: 271965216 · Potomac, MD · NTEE: Q20
| Metric | Value |
|---|---|
| Total Revenue | $857K |
| Total Expenses | $959K |
| Net Assets | $2.2M |
Is Nufdi Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nufdi Fund Inc
Nufdi Fund Inc (EIN: 271965216) is a nonprofit organization based in Potomac, MD, classified under NTEE code Q20. The organization reported total revenue of $857K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nufdi Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nufdi Fund Inc is a small nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2013–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $959K |
| Surplus / Deficit | +$63K |
| Total Assets | $2.2M |
| Net Assets | $2.2M |
| Operating Margin | 6.1% |
| Months of Reserves | 27.5 months |
Financial Health Grade: A
In 2023, Nufdi Fund Inc reported a surplus of $63K with revenue exceeding expenses, holds 27.5 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -61.2% | +80.7% | +2.9% |
| 2022 | +4408.7% | +765.9% | +6599.4% |
| 2021 | +1847.6% | +3153.4% | +1828.4% |
| 2015 | -75.3% | -83.7% | +207.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nufdi Fund Inc 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 Nufdi Fund Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $63K, with revenue exceeding expenses.
Frequently Asked Questions about Nufdi Fund Inc
Is Nufdi Fund Inc a legitimate charity?
Nufdi Fund Inc (EIN: 271965216) is a registered tax-exempt nonprofit based in Maryland. It has 6 years of IRS 990 filings on record. Total revenue: $857K. No red flags identified. Financial health grade: A.
How does Nufdi Fund Inc spend its money?
Nufdi Fund Inc reported $857K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nufdi Fund Inc tax-deductible?
Nufdi Fund Inc is registered as a tax-exempt nonprofit (EIN: 271965216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nufdi Fund Inc located?
Nufdi Fund Inc is headquartered in Potomac, Maryland and files with the IRS under EIN 271965216. It is classified under NTEE code Q20.
How many years of IRS 990 filings does Nufdi Fund Inc have?
Nufdi Fund Inc has 6 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 $857K in total revenue.
Filing History
IRS 990 filing history for Nufdi Fund Inc showing financial trends over 6 years of public records:
Total assets increased by 20269.8% over the same period, from $11K to $2.2M. Total functional expenses rose by 78635.4%, from $1K to $959K. In its most recent filing year (2023), Nufdi Fund Inc reported a surplus of $63K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $959K | $2.2M | $0 | — | — |
| 2022 | $2.6M | $531K | $2.1M | $0 | — | View 990 |
| 2021 | $58K | $61K | $32K | $0 | — | View 990 |
| 2015 | $3K | $2K | $2K | $0 | — | View 990 |
| 2014 | $12K | $12K | $537 | $0 | — | View 990 |
| 2013 | $0 | $1K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $959K, and assets of $2.2M (revenue -61.2% year-over-year).
- 2022: Revenue of $2.6M, expenses of $531K, and assets of $2.1M (revenue +4408.7% year-over-year).
- 2021: Revenue of $58K, expenses of $61K, and assets of $32K (revenue +1847.6% year-over-year).
- 2015: Revenue of $3K, expenses of $2K, and assets of $2K (revenue -75.3% year-over-year).
- 2014: Revenue of $12K, expenses of $12K, and assets of $537.
- 2013: Revenue of $0, expenses of $1K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nufdi Fund Inc:
Data Sources and Methodology
This transparency report for Nufdi Fund 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.