World Federalist Association Endowment Fund Trust
World Federalist Association Endowment Fund Trust maintains substantial assets while experiencing recent operating deficits.
EIN: 202478076 · Washington, DC · NTEE: T11 · Updated: 2026-03-28
Is World Federalist Association Endowment Fund Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
World Federalist Association Endowment Fund Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About World Federalist Association Endowment Fund Trust
World Federalist Association Endowment Fund Trust (EIN: 202478076) is a nonprofit organization based in Washington, DC, classified under NTEE code T11. The organization reported total revenue of $965K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of World Federalist Association Endowment Fund Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
World Federalist Association Endowment Fund Trust is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $100K |
| Surplus / Deficit | $-61,096 |
| Total Assets | $2.2M |
| Net Assets | $2.2M |
| Operating Margin | -157.0% |
| Months of Reserves | 263.3 months |
Financial Health Grade: B
In 2023, World Federalist Association Endowment Fund Trust reported a deficit of $61K with expenses exceeding revenue, holds 263.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), World Federalist Association Endowment Fund Trust's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.0% | +0.0% | +0.9% |
| 2022 | -89.8% | +185.5% | -16.4% |
| 2021 | +115.0% | -30.0% | +39.1% |
| 2020 | +35.0% | +42.9% | +12.0% |
| 2019 | +1.8% | +35.5% | +15.9% |
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 World Federalist Association Endowment Fund Trust 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: 90%
- fundraising: 0%
According to IRS 990 filings, World Federalist Association Endowment Fund Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $61K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led board or management structure, which is highly efficient for an organization of this size and type.
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 World Federalist Association Endowment Fund Trust's IRS 990 filings:
- Expenses exceeding revenue in recent years (2022 and 2023) without clear explanation of funding source beyond endowment drawdowns.
Strengths
The following positive indicators were identified for World Federalist Association Endowment Fund Trust:
- Strong and consistent asset base, exceeding $2 million in most recent years.
- Zero officer compensation reported, indicating efficient governance and low administrative overhead.
- Consistent IRS 990 filing history, demonstrating regulatory compliance.
- No reported liabilities in recent years (2018-2023), indicating strong financial health.
Frequently Asked Questions about World Federalist Association Endowment Fund Trust
Is World Federalist Association Endowment Fund Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, World Federalist Association Endowment Fund Trust (EIN: 202478076) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does World Federalist Association Endowment Fund Trust spend its money?
World Federalist Association Endowment Fund Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to World Federalist Association Endowment Fund Trust tax-deductible?
World Federalist Association Endowment Fund Trust is registered as a tax-exempt nonprofit (EIN: 202478076). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific programs or organizations that the World Federalist Association Endowment Fund Trust supports?
The provided data does not specify the beneficiaries or programs supported by the endowment fund. Further investigation into their public records or website would be needed to understand their grant-making activities.
Why have expenses exceeded revenue in the last two reporting periods (2022 and 2023)?
For an endowment fund, it is common for expenses (often distributions or grants) to exceed annual revenue, especially if the fund is designed to disburse a certain percentage of its assets annually, or if investment returns are low in a given year. The fund's substantial assets ($2,194,345 in 2023) can absorb these deficits.
What caused the significant revenue increase in 2021 ($604,536) and subsequent decrease?
The large revenue spike in 2021 could be attributed to a significant one-time donation, a substantial investment gain, or a combination of both. The subsequent decrease suggests it was not a sustained trend but rather an exceptional year.
Filing History
IRS 990 filing history for World Federalist Association Endowment Fund Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), World Federalist Association Endowment Fund Trust's revenue has grown by 176.4%, moving from $14K to $39K. Total assets decreased by 25.6% over the same period, from $2.9M to $2.2M. Total functional expenses rose by 264.1%, from $27K to $100K. In its most recent filing year (2023), World Federalist Association Endowment Fund Trust reported a deficit of $61K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $100K | $2.2M | $0 | — | — |
| 2022 | $62K | $100K | $2.2M | $0 | — | View 990 |
| 2021 | $605K | $35K | $2.6M | $0 | — | View 990 |
| 2020 | $281K | $50K | $1.9M | $0 | — | View 990 |
| 2019 | $208K | $35K | $1.7M | $0 | — | View 990 |
| 2018 | $204K | $26K | $1.4M | $0 | — | View 990 |
| 2017 | $331K | $95K | $2.0M | $798K | — | View 990 |
| 2016 | $34K | $274K | $2.2M | $1.3M | — | View 990 |
| 2015 | $-43,893 | $339K | $2.4M | $1.3M | — | View 990 |
| 2014 | $21K | $223K | $2.8M | $1.3M | — | View 990 |
| 2013 | $-48,609 | $51K | $3.1M | $1.3M | — | View 990 |
| 2012 | $6K | $62K | $3.1M | $1.4M | — | View 990 |
| 2011 | $14K | $27K | $2.9M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $100K, and assets of $2.2M (revenue -37.0% year-over-year).
- 2022: Revenue of $62K, expenses of $100K, and assets of $2.2M (revenue -89.8% year-over-year).
- 2021: Revenue of $605K, expenses of $35K, and assets of $2.6M (revenue +115.0% year-over-year).
- 2020: Revenue of $281K, expenses of $50K, and assets of $1.9M (revenue +35.0% year-over-year).
- 2019: Revenue of $208K, expenses of $35K, and assets of $1.7M (revenue +1.8% year-over-year).
- 2018: Revenue of $204K, expenses of $26K, and assets of $1.4M (revenue -38.2% year-over-year).
- 2017: Revenue of $331K, expenses of $95K, and assets of $2.0M (revenue +862.2% year-over-year).
- 2016: Revenue of $34K, expenses of $274K, and assets of $2.2M.
- 2015: Revenue of $-43,893, expenses of $339K, and assets of $2.4M (revenue -307.8% year-over-year).
- 2014: Revenue of $21K, expenses of $223K, and assets of $2.8M.
- 2013: Revenue of $-48,609, expenses of $51K, and assets of $3.1M (revenue -903.5% year-over-year).
- 2012: Revenue of $6K, expenses of $62K, and assets of $3.1M (revenue -57.0% year-over-year).
- 2011: Revenue of $14K, expenses of $27K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for World Federalist Association Endowment Fund Trust:
Data Sources and Methodology
This transparency report for World Federalist Association Endowment Fund Trust 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.