Somaliland Biodiversity Foundation
EIN: 474723512 · Logan, UT · NTEE: C30
| Metric | Value |
|---|---|
| Total Revenue | $82K |
| Total Expenses | $44K |
| Net Assets | $46K |
Is Somaliland Biodiversity Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Somaliland Biodiversity Foundation
Somaliland Biodiversity Foundation (EIN: 474723512) is a nonprofit organization based in Logan, UT, classified under NTEE code C30. The organization reported total revenue of $82K and total assets of $44K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Somaliland Biodiversity Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Somaliland Biodiversity Foundation is a micro nonprofit that has been operating for 10 years, with 2 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 30.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $44K |
| Surplus / Deficit | +$27K |
| Total Assets | $46K |
| Net Assets | $46K |
| Operating Margin | 38.5% |
| Months of Reserves | 12.8 months |
Financial Health Grade: A
In 2023, Somaliland Biodiversity Foundation reported a surplus of $27K with revenue exceeding expenses, holds 12.8 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2020–2023), Somaliland Biodiversity Foundation's revenue has grown at a compound annual growth rate (CAGR) of 30.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +123.4% | +73.6% | +79.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Somaliland Biodiversity Foundation 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 Somaliland Biodiversity Foundation 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 $27K, with revenue exceeding expenses.
Frequently Asked Questions about Somaliland Biodiversity Foundation
Is Somaliland Biodiversity Foundation a legitimate charity?
Somaliland Biodiversity Foundation (EIN: 474723512) is a registered tax-exempt nonprofit based in Utah. It has 2 years of IRS 990 filings on record. Total revenue: $82K. No red flags identified. Financial health grade: A.
How does Somaliland Biodiversity Foundation spend its money?
Somaliland Biodiversity Foundation reported $82K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Somaliland Biodiversity Foundation tax-deductible?
Somaliland Biodiversity Foundation is registered as a tax-exempt nonprofit (EIN: 474723512). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Somaliland Biodiversity Foundation located?
Somaliland Biodiversity Foundation is headquartered in Logan, Utah and files with the IRS under EIN 474723512. It is classified under NTEE code C30.
How many years of IRS 990 filings does Somaliland Biodiversity Foundation have?
Somaliland Biodiversity Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $82K in total revenue.
Filing History
IRS 990 filing history for Somaliland Biodiversity Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2020–2023), Somaliland Biodiversity Foundation's revenue has grown by 123.4%, moving from $32K to $71K. Total assets increased by 79.5% over the same period, from $26K to $46K. Total functional expenses rose by 73.6%, from $25K to $44K. In its most recent filing year (2023), Somaliland Biodiversity Foundation reported a surplus of $27K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $44K | $46K | $0 | — | View 990 |
| 2020 | $32K | $25K | $26K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Somaliland Biodiversity Foundation:
Data Sources and Methodology
This transparency report for Somaliland Biodiversity Foundation 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.