Abelard Foundation Inc
Abelard Foundation maintains strong asset growth with minimal liabilities and zero reported officer compensation.
EIN: 136064580 · Seattle, WA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $280K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $7.7M |
| Transparency Score | 85/100 |
Is Abelard Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Abelard Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Abelard Foundation Inc
Abelard Foundation Inc (EIN: 136064580) is a nonprofit organization based in Seattle, WA. The organization reported total revenue of $2.1M and total assets of $7.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abelard Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abelard Foundation Inc is a mid-size nonprofit that has been operating for 67 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $752K |
| Total Expenses | $280K |
| Surplus / Deficit | +$472K |
| Total Assets | $7.7M |
| Total Liabilities | $1 |
| Net Assets | $7.7M |
| Operating Margin | 62.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 331.6 months |
Financial Health Grade: A
In 2023, Abelard Foundation Inc reported a surplus of $472K with revenue exceeding expenses, holds 331.6 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), Abelard Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +95.5% | -47.2% | +6.5% |
| 2022 | -63.7% | -8.7% | -2.0% |
| 2021 | +111.3% | +7.5% | +6.9% |
| 2020 | -66.4% | -16.8% | -0.6% |
| 2019 | +64.5% | +22.4% | +21.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
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 Abelard Foundation Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Abelard Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $472K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization with over $2 million in annual revenue and nearly $8 million in assets, suggesting a volunteer-driven leadership model or that compensation is covered by an affiliated entity.
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 Abelard Foundation Inc's IRS 990 filings:
- Lack of NTEE code makes benchmarking difficult
- Absence of detailed expense breakdown (program, admin, fundraising) in provided data
- Unusually consistent 0% officer compensation for an organization of this size, which might indicate an alternative compensation structure not fully transparent in these filings.
Strengths
The following positive indicators were identified for Abelard Foundation Inc:
- Strong and growing asset base ($7,854,815 currently)
- Extremely low liabilities ($1 across all periods)
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs
- Generally prudent financial management with expenses often below revenue, contributing to asset growth
- Extensive filing history (10 filings) demonstrating consistent transparency
Frequently Asked Questions about Abelard Foundation Inc
Is Abelard Foundation Inc a legitimate charity?
Abelard Foundation Inc (EIN: 136064580) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.1M. 3 red flags identified. 5 strengths noted. Financial health grade: A.
How does Abelard Foundation Inc spend its money?
Abelard Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Abelard Foundation Inc tax-deductible?
Abelard Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136064580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Abelard Foundation Inc CEO make?
Abelard Foundation Inc's highest-compensated officer earns $2 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Abelard Foundation Inc's spending goes to programs?
Abelard Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Abelard Foundation Inc located?
Abelard Foundation Inc is headquartered in Seattle, Washington and files with the IRS under EIN 136064580.
How many years of IRS 990 filings does Abelard Foundation Inc have?
Abelard Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.1M in total revenue.
How does Abelard Foundation Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that executive salaries are paid by a related entity not reflected in these specific filings. This is a significant factor in its financial efficiency.
What are the primary program activities of Abelard Foundation Inc. given the lack of an NTEE code?
Without an NTEE code or detailed program descriptions from the 990 filings, it's impossible to determine the specific programmatic activities. This information would be crucial for understanding its mission impact.
What is the reason for the significant fluctuations in annual revenue?
Revenue has varied considerably, from a low of $297,339 in 2011 to a high of $1,490,769 in 2019. These fluctuations could be due to varying grant cycles, large one-time donations, or investment income, but the specific causes are not detailed in the provided data.
Filing History
IRS 990 filing history for Abelard Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Abelard Foundation Inc's revenue has grown by 153%, moving from $297K to $752K. Total assets increased by 53.3% over the same period, from $5.0M to $7.7M. Total functional expenses fell by 46.2%, from $521K to $280K. In its most recent filing year (2023), Abelard Foundation Inc reported a surplus of $472K, with revenue exceeding expenses. The organization holds $1 in liabilities against $7.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $752K | $280K | $7.7M | $1 | — | — |
| 2022 | $385K | $530K | $7.3M | $1 | — | View 990 |
| 2021 | $1.1M | $580K | $7.4M | $1 | — | View 990 |
| 2020 | $501K | $540K | $6.9M | $1 | — | — |
| 2019 | $1.5M | $649K | $7.0M | $1 | — | View 990 |
| 2015 | $906K | $530K | $5.8M | $1 | — | View 990 |
| 2014 | $792K | $545K | $5.4M | $1 | — | View 990 |
| 2013 | $577K | $525K | $5.1M | $1 | — | View 990 |
| 2012 | $554K | $521K | $5.1M | $1 | — | View 990 |
| 2011 | $297K | $521K | $5.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $752K, expenses of $280K, and assets of $7.7M (revenue +95.5% year-over-year).
- 2022: Revenue of $385K, expenses of $530K, and assets of $7.3M (revenue -63.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $580K, and assets of $7.4M (revenue +111.3% year-over-year).
- 2020: Revenue of $501K, expenses of $540K, and assets of $6.9M (revenue -66.4% year-over-year).
- 2019: Revenue of $1.5M, expenses of $649K, and assets of $7.0M (revenue +64.5% year-over-year).
- 2015: Revenue of $906K, expenses of $530K, and assets of $5.8M (revenue +14.4% year-over-year).
- 2014: Revenue of $792K, expenses of $545K, and assets of $5.4M (revenue +37.3% year-over-year).
- 2013: Revenue of $577K, expenses of $525K, and assets of $5.1M (revenue +4.1% year-over-year).
- 2012: Revenue of $554K, expenses of $521K, and assets of $5.1M (revenue +86.5% year-over-year).
- 2011: Revenue of $297K, expenses of $521K, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abelard Foundation Inc:
Data Sources and Methodology
This transparency report for Abelard Foundation Inc 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.