Yates Fund
EIN: 863766216 · Omaha, NE · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $768K |
| Total Expenses | $657K |
| Net Assets | $7.0M |
Is Yates Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Yates Fund
Yates Fund (EIN: 863766216) is a nonprofit organization based in Omaha, NE, classified under NTEE code S20. The organization reported total revenue of $768K and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yates Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yates Fund is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -32.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $657K |
| Surplus / Deficit | +$699K |
| Total Assets | $7.1M |
| Total Liabilities | $162K |
| Net Assets | $7.0M |
| Operating Margin | 51.5% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 130.1 months |
Financial Health Grade: A
In 2023, Yates Fund reported a surplus of $699K with revenue exceeding expenses, holds 130.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Yates Fund's revenue has declined at a compound annual growth rate (CAGR) of -32.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -60.4% | +413.2% | +13.6% |
| 2022 | +14.0% | +305.1% | +111.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Yates Fund 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 Yates Fund 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 $699K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.3%.
Frequently Asked Questions about Yates Fund
Is Yates Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Yates Fund (EIN: 863766216) insufficient data. 0 red flags identified, 0 strengths noted.
How does Yates Fund spend its money?
Detailed spending breakdown data is not yet available for Yates Fund. Check back for updated IRS 990 analysis.
Are donations to Yates Fund tax-deductible?
Yates Fund is registered as a tax-exempt nonprofit (EIN: 863766216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Yates Fund located?
Yates Fund is headquartered in Omaha, Nebraska and files with the IRS under EIN 863766216. It is classified under NTEE code S20.
How many years of IRS 990 filings does Yates Fund have?
Yates Fund has 3 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 $768K in total revenue.
Filing History
IRS 990 filing history for Yates Fund showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Yates Fund's revenue has declined by 54.8%, moving from $3.0M to $1.4M. Total assets increased by 139.9% over the same period, from $3.0M to $7.1M. Total functional expenses rose by 1979%, from $32K to $657K. In its most recent filing year (2023), Yates Fund reported a surplus of $699K, with revenue exceeding expenses. The organization holds $162K in liabilities against $7.1M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $657K | $7.1M | $162K | — | — |
| 2022 | $3.4M | $128K | $6.3M | $7K | — | View 990 |
| 2021 | $3.0M | $32K | $3.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $657K, and assets of $7.1M (revenue -60.4% year-over-year).
- 2022: Revenue of $3.4M, expenses of $128K, and assets of $6.3M (revenue +14.0% year-over-year).
- 2021: Revenue of $3.0M, expenses of $32K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yates Fund:
Data Sources and Methodology
This transparency report for Yates Fund 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.