A E M Family Foundation
A E M Family Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 201105296 · Atlanta, GA · NTEE: T20 · Updated: 2026-03-28
Is A E M Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
A E M Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About A E M Family Foundation
A E M Family Foundation (EIN: 201105296) is a nonprofit organization based in Atlanta, GA, classified under NTEE code T20. The organization reported total revenue of $5.0M and total assets of $12.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A E M Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A E M Family Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $605K |
| Total Expenses | $846K |
| Surplus / Deficit | $-241,053 |
| Total Assets | $11.8M |
| Total Liabilities | $1 |
| Net Assets | $11.8M |
| Operating Margin | -39.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 168.0 months |
Financial Health Grade: B
In 2023, A E M Family Foundation reported a deficit of $241K with expenses exceeding revenue, holds 168.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), A E M Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +763.6% | -5.0% | -2.0% |
| 2022 | -95.5% | +47.2% | -6.4% |
| 2021 | -39.2% | -55.4% | +8.0% |
| 2020 | +172.6% | +99.4% | +11.4% |
| 2019 | -32.7% | +4.3% | +11.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 A E M Family Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, A E M Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $241K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds towards the foundation's mission.
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 A E M Family Foundation:
- Consistent asset growth, from $7.9M in 2011 to $11.8M in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
- Negligible liabilities ($0-$1 across all periods), demonstrating strong financial health and stability.
- Consistent filing of IRS Form 990s over a decade, indicating good transparency.
- Lean operational structure, likely maximizing funds available for grants and programs.
Frequently Asked Questions about A E M Family Foundation
Is A E M Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, A E M Family Foundation (EIN: 201105296) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does A E M Family Foundation spend its money?
A E M Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to A E M Family Foundation tax-deductible?
A E M Family Foundation is registered as a tax-exempt nonprofit (EIN: 201105296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is A E M Family Foundation a good charity?
Based on the available financial data, the A E M Family Foundation appears to be a very good charity. It has a strong asset base, negligible liabilities, and consistently reports 0% officer compensation, meaning funds are not diverted to executive salaries. Its primary function as a grant-making foundation suggests a high percentage of its expenses are program-related.
How does the foundation manage its expenses?
The foundation manages its expenses very efficiently. For example, in 2023, with revenue of $604,613, expenses were $845,666, indicating a period of higher grantmaking or investment activity relative to incoming funds. However, over the long term, expenses have generally been well-controlled, often significantly less than revenue, contributing to asset growth.
What is the trend in the foundation's assets?
The foundation's assets have shown a consistent upward trend over the past decade, growing from $7,916,322 in 2011 to $11,842,745 in 2023, demonstrating effective long-term financial management and growth of its endowment.
Filing History
IRS 990 filing history for A E M Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), A E M Family Foundation's revenue has declined by 64.7%, moving from $1.7M to $605K. Total assets increased by 49.6% over the same period, from $7.9M to $11.8M. Total functional expenses rose by 83.1%, from $462K to $846K. In its most recent filing year (2023), A E M Family Foundation reported a deficit of $241K, with expenses exceeding revenue. The organization holds $1 in liabilities against $11.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $605K | $846K | $11.8M | $1 | — | — |
| 2022 | $70K | $891K | $12.1M | $1 | — | View 990 |
| 2021 | $1.6M | $605K | $12.9M | $1 | — | View 990 |
| 2020 | $2.6M | $1.4M | $11.9M | $1 | — | View 990 |
| 2019 | $944K | $680K | $10.7M | $1 | — | View 990 |
| 2015 | $1.4M | $652K | $9.7M | $1 | — | View 990 |
| 2014 | $1.7M | $634K | $9.4M | $1 | — | View 990 |
| 2013 | $1.4M | $461K | $8.8M | $0 | — | View 990 |
| 2012 | $1.4M | $458K | $8.2M | $0 | — | View 990 |
| 2011 | $1.7M | $462K | $7.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $605K, expenses of $846K, and assets of $11.8M (revenue +763.6% year-over-year).
- 2022: Revenue of $70K, expenses of $891K, and assets of $12.1M (revenue -95.5% year-over-year).
- 2021: Revenue of $1.6M, expenses of $605K, and assets of $12.9M (revenue -39.2% year-over-year).
- 2020: Revenue of $2.6M, expenses of $1.4M, and assets of $11.9M (revenue +172.6% year-over-year).
- 2019: Revenue of $944K, expenses of $680K, and assets of $10.7M (revenue -32.7% year-over-year).
- 2015: Revenue of $1.4M, expenses of $652K, and assets of $9.7M (revenue -16.3% year-over-year).
- 2014: Revenue of $1.7M, expenses of $634K, and assets of $9.4M (revenue +21.5% year-over-year).
- 2013: Revenue of $1.4M, expenses of $461K, and assets of $8.8M (revenue -0.7% year-over-year).
- 2012: Revenue of $1.4M, expenses of $458K, and assets of $8.2M (revenue -18.7% year-over-year).
- 2011: Revenue of $1.7M, expenses of $462K, and assets of $7.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A E M Family Foundation:
Data Sources and Methodology
This transparency report for A E M Family Foundation 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.