The Ibis Foundation
The Ibis Foundation maintains substantial assets with minimal liabilities, though recent years show fluctuating revenue and expenses.
EIN: 203503202 · Mesa, AZ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $703K |
| Program Spending | 85% |
| Net Assets | $16.6M |
| Transparency Score | 85/100 |
Is The Ibis Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Ibis Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Ibis Foundation
The Ibis Foundation (EIN: 203503202) is a nonprofit organization based in Mesa, AZ, classified under NTEE code T20. The organization reported total revenue of $2.7M and total assets of $17.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Ibis Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Ibis Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $692K |
| Total Expenses | $703K |
| Surplus / Deficit | $-10,771 |
| Total Assets | $16.6M |
| Total Liabilities | $1 |
| Net Assets | $16.6M |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 283.7 months |
Financial Health Grade: B
In 2023, The Ibis Foundation reported a deficit of $11K with expenses exceeding revenue, holds 283.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Ibis Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -42.9% | -40.9% | +11.1% |
| 2022 | +6.0% | -12.0% | -20.5% |
| 2021 | +90.0% | +17.9% | +7.8% |
| 2020 | -51.0% | +36.4% | +7.1% |
| 2019 | +118.5% | +145.4% | +29.9% |
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 The Ibis Foundation 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
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Ibis Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership either serves on a volunteer basis or is compensated through means not categorized as officer compensation on the 990, which is highly unusual for an organization of this asset size.
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 The Ibis Foundation's IRS 990 filings:
- Inconsistent revenue generation year-over-year
- Expenses exceeding revenue in multiple recent periods (2023, 2021, 2020)
Strengths
The following positive indicators were identified for The Ibis Foundation:
- Substantial and growing asset base ($17,613,118 latest)
- Consistently low to zero liabilities across all filings
- 0% reported officer compensation, indicating efficient use of funds at the executive level
- Long and consistent IRS 990 filing history (10 filings)
Frequently Asked Questions about The Ibis Foundation
Is The Ibis Foundation a legitimate charity?
The Ibis Foundation (EIN: 203503202) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.7M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does The Ibis Foundation spend its money?
The Ibis Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Ibis Foundation tax-deductible?
The Ibis Foundation is registered as a tax-exempt nonprofit (EIN: 203503202). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Ibis Foundation's spending goes to programs?
The Ibis Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Ibis Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Ibis Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Ibis Foundation located?
The Ibis Foundation is headquartered in Mesa, Arizona and files with the IRS under EIN 203503202. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Ibis Foundation have?
The Ibis Foundation has 10 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 $2.7M in total revenue.
Is The Ibis Foundation financially stable?
Yes, despite some years where expenses exceeded revenue (e.g., 2023, 2021, 2020), the foundation maintains substantial assets ($17,613,118) and consistently low liabilities, indicating strong long-term financial stability.
How does The Ibis Foundation manage executive compensation?
The Ibis Foundation consistently reports 0% officer compensation across all 10 available IRS 990 filings, suggesting a volunteer-led executive team or an alternative compensation structure.
What is the trend in The Ibis Foundation's revenue?
Revenue has fluctuated significantly over the years, ranging from a low of $561,656 in 2015 to a high of $1,464,400 in 2014, with the latest reported revenue at $692,183 in 2023.
Filing History
IRS 990 filing history for The Ibis Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Ibis Foundation's revenue has declined by 31.1%, moving from $1.0M to $692K. Total assets increased by 84.8% over the same period, from $9.0M to $16.6M. Total functional expenses fell by 67.2%, from $2.1M to $703K. In its most recent filing year (2023), The Ibis Foundation reported a deficit of $11K, with expenses exceeding revenue. The organization holds $1 in liabilities against $16.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $692K | $703K | $16.6M | $1 | — | — |
| 2022 | $1.2M | $1.2M | $15.0M | $22K | — | View 990 |
| 2021 | $1.1M | $1.4M | $18.8M | $22K | — | — |
| 2020 | $602K | $1.1M | $17.5M | $1 | — | — |
| 2019 | $1.2M | $841K | $16.3M | $0 | — | View 990 |
| 2015 | $562K | $343K | $12.6M | $0 | — | View 990 |
| 2014 | $1.5M | $421K | $12.9M | $0 | — | View 990 |
| 2013 | $816K | $163K | $12.0M | $0 | — | View 990 |
| 2012 | $1.4M | $566K | $10.4M | $0 | — | View 990 |
| 2011 | $1.0M | $2.1M | $9.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $692K, expenses of $703K, and assets of $16.6M (revenue -42.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $15.0M (revenue +6.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.4M, and assets of $18.8M (revenue +90.0% year-over-year).
- 2020: Revenue of $602K, expenses of $1.1M, and assets of $17.5M (revenue -51.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $841K, and assets of $16.3M (revenue +118.5% year-over-year).
- 2015: Revenue of $562K, expenses of $343K, and assets of $12.6M (revenue -61.6% year-over-year).
- 2014: Revenue of $1.5M, expenses of $421K, and assets of $12.9M (revenue +79.4% year-over-year).
- 2013: Revenue of $816K, expenses of $163K, and assets of $12.0M (revenue -40.8% year-over-year).
- 2012: Revenue of $1.4M, expenses of $566K, and assets of $10.4M (revenue +37.3% year-over-year).
- 2011: Revenue of $1.0M, expenses of $2.1M, and assets of $9.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Ibis Foundation:
Data Sources and Methodology
This transparency report for The Ibis 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.