Quick charity verification for Anderson Foundation Inc (EIN: 222393971)
Verdict: Anderson Foundation Inc shows mixed signals
65/100Mission Score
$167KRevenue
$5.5MAssets
4Red Flags
2Strengths
Red Flags
Total assets have consistently declined from $11,138,555 in 2013 to $5,514,279 in 2023, indicating a significant reduction in organizational capacity.
Revenue has been highly volatile, including a negative revenue of -$42,920 in 2022, which is a significant concern for financial stability.
Expenses consistently exceed revenue in multiple years (e.g., 2022: revenue -$42,920 vs. expenses $599,062; 2023: revenue $162,950 vs. expenses $732,652), suggesting an unsustainable financial model.
The organization's 'net type' is unknown, which limits understanding of its specific operational focus and tax-exempt status implications.
Strengths
The foundation has a long operational history, with financial data available dating back to 2013.
Consistent filing of financial documents (990-PF) demonstrates a commitment to regulatory compliance.
AI Transparency Report
Anderson Foundation Inc is a unknown nonprofit based in Bernardsville, New Jersey, with reported revenue of $167K and assets of $5.5M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. Executive compensation is not explicitly detailed in the provided financial data, making a direct assessment difficult without further information. Revenue has declined -40% across 10 filing periods.