Is The Fry Foundation Legit?

The Fry Foundation demonstrates consistent financial health, with assets steadily growing from $2,673,528 in 2011 to $4,810,068 in 2023. Revenue has fluctuated but generally outpaced expenses, leading to this asset growth. For instance, in 2023, revenue was $522,200 against expenses of $318,414, indicating a healthy surplus. The organization's liabilities have consistently been minimal, often reported as $1, which is a strong indicator of financial stability and low debt burden. Spending efficiency appears high, as the organization consistently reports zero officer compensation across all available filings. This suggests that administrative costs related to executive salaries are non-existent, allowing a greater proportion of funds to be directed towards its mission. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a significant positive for efficiency. Transparency is generally good given the consistent filing of IRS Form 990s over a decade. The minimal liabilities and zero officer compensation are clear indicators of sound financial management. However, without more granular expense data (e.g., specific program service expenses vs. other functional expenses), a complete assessment of spending efficiency across all categories is limited. The consistent asset growth and low liabilities point to a well-managed and transparent financial operation.