The@Fernandez Pave The Way Foundation Inc
The@Fernandez Pave The Way Foundation Inc maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 205875641 · Asheville, NC · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $13 |
| Net Assets | $14.8M |
| Transparency Score | 90/100 |
Is The@Fernandez Pave The Way Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The@Fernandez Pave The Way Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The@Fernandez Pave The Way Foundation Inc
The@Fernandez Pave The Way Foundation Inc (EIN: 205875641) is a nonprofit organization based in Asheville, NC, classified under NTEE code T20. The organization reported total revenue of $4.0M and total assets of $13.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The@Fernandez Pave The Way Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The@Fernandez Pave The Way Foundation Inc is a mid-size nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$460K |
| Total Assets | $14.8M |
| Total Liabilities | $54K |
| Net Assets | $14.8M |
| Operating Margin | 29.5% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 161.7 months |
Financial Health Grade: A
In 2021, The@Fernandez Pave The Way Foundation Inc reported a surplus of $460K with revenue exceeding expenses, holds 161.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 7 years of filings (2012–2021), The@Fernandez Pave The Way Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -59.1% | +46.7% | +0.4% |
| 2019 | +867.6% | +7.7% | +95.9% |
| 2016 | -37.8% | +13.2% | -3.8% |
| 2015 | +78.8% | -6.8% | +0.3% |
| 2014 | -73.7% | +12.8% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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@Fernandez Pave The Way Foundation Inc with a Mission Score of 90 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@Fernandez Pave The Way Foundation Inc 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $460K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with assets exceeding $13 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.
Strengths
The following positive indicators were identified for The@Fernandez Pave The Way Foundation Inc:
- Consistently low liabilities across all filing periods.
- Zero officer compensation reported, indicating high efficiency and dedication to mission.
- Strong asset base, currently $13,257,811, demonstrating financial stability.
- Positive net income in most recent periods (e.g., $460,232 in 2021, $3,068,597 in 2019).
- Significant growth in assets over the past decade, from $7,361,026 in 2012 to $13,257,811 currently.
Frequently Asked Questions about The@Fernandez Pave The Way Foundation Inc
Is The@Fernandez Pave The Way Foundation Inc a legitimate charity?
The@Fernandez Pave The Way Foundation Inc (EIN: 205875641) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 90/100. It has 7 years of IRS 990 filings on record. Total revenue: $4.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does The@Fernandez Pave The Way Foundation Inc spend its money?
The@Fernandez Pave The Way Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The@Fernandez Pave The Way Foundation Inc tax-deductible?
The@Fernandez Pave The Way Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205875641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The@Fernandez Pave The Way Foundation Inc CEO make?
The@Fernandez Pave The Way Foundation Inc's highest-compensated officer earns $13 annually. The organization reported $4.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The@Fernandez Pave The Way Foundation Inc's spending goes to programs?
The@Fernandez Pave The Way Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The@Fernandez Pave The Way Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The@Fernandez Pave The Way Foundation Inc 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@Fernandez Pave The Way Foundation Inc located?
The@Fernandez Pave The Way Foundation Inc is headquartered in Asheville, North Carolina and files with the IRS under EIN 205875641. It is classified under NTEE code T20.
How many years of IRS 990 filings does The@Fernandez Pave The Way Foundation Inc have?
The@Fernandez Pave The Way Foundation Inc has 7 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 $4.0M in total revenue.
Is The@Fernandez Pave The Way Foundation Inc financially stable?
Yes, the foundation appears financially stable, consistently holding substantial assets (currently $13,257,811) and very low liabilities across all reported periods, despite fluctuating revenues.
Does the organization pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no salaries are paid to the organization's officers.
How has the organization's revenue trended?
The organization's revenue has shown significant fluctuations, ranging from a low of $354,747 in 2014 to a high of $3,818,632 in 2019, and $4,016,303 most recently, indicating variability in its funding streams.
Are the organization's liabilities a concern?
No, the organization's liabilities have remained consistently very low (e.g., $53,995 in 2021, $16,277 in 2019) relative to its assets and revenue, suggesting strong financial management and minimal debt.
Filing History
IRS 990 filing history for The@Fernandez Pave The Way Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2021), The@Fernandez Pave The Way Foundation Inc's revenue has grown by 316.2%, moving from $375K to $1.6M. Total assets increased by 101.4% over the same period, from $7.4M to $14.8M. Total functional expenses rose by 99.9%, from $550K to $1.1M. In its most recent filing year (2021), The@Fernandez Pave The Way Foundation Inc reported a surplus of $460K, with revenue exceeding expenses. The organization holds $54K in liabilities against $14.8M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $14.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $1.6M | $1.1M | $14.8M | $54K | — | View 990 |
| 2019 | $3.8M | $750K | $14.8M | $16K | — | View 990 |
| 2016 | $395K | $697K | $7.5M | $14K | — | View 990 |
| 2015 | $634K | $616K | $7.8M | $14K | — | View 990 |
| 2014 | $355K | $661K | $7.8M | $12K | — | View 990 |
| 2013 | $1.3M | $586K | $8.1M | $12K | — | View 990 |
| 2012 | $375K | $550K | $7.4M | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $1.6M, expenses of $1.1M, and assets of $14.8M (revenue -59.1% year-over-year).
- 2019: Revenue of $3.8M, expenses of $750K, and assets of $14.8M (revenue +867.6% year-over-year).
- 2016: Revenue of $395K, expenses of $697K, and assets of $7.5M (revenue -37.8% year-over-year).
- 2015: Revenue of $634K, expenses of $616K, and assets of $7.8M (revenue +78.8% year-over-year).
- 2014: Revenue of $355K, expenses of $661K, and assets of $7.8M (revenue -73.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $586K, and assets of $8.1M (revenue +259.4% year-over-year).
- 2012: Revenue of $375K, expenses of $550K, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The@Fernandez Pave The Way Foundation Inc:
Data Sources and Methodology
This transparency report for The@Fernandez Pave The Way 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.