Abelow Family Foundation
Abelow Family Foundation consistently grants funds with zero officer compensation, drawing from stable $2M+ assets despite fluctuating annual revenues.
EIN: 134053987 · Telluride, CO · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $337K |
| Total Expenses | $271K |
| Program Spending | 90% |
| Net Assets | $2.1M |
| Transparency Score | 92/100 |
Search Intent Cockpit
Abelow Family Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Abelow Family Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Abelow Family Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $182K and expenses of $271K.
Revenue and Expenses
Abelow Family Foundation reported $182K in revenue and $271K in expenses, a deficit of $90K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
92/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Abelow Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $244K (90%) |
Across stored filings, Abelow Family Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with International Midwife Assistance Inc | Colorado and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Local and Sector Spokes
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Telluride, CO nonprofitsPhilanthropy in Colorado
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Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Abelow Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Abelow Family Foundation
Abelow Family Foundation (EIN: 134053987) is a nonprofit organization based in Telluride, CO, classified under NTEE code T22. The organization reported total revenue of $337K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abelow Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abelow Family Foundation is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $271K |
| Surplus / Deficit | $-89,540 |
| Total Assets | $2.1M |
| Total Liabilities | $1 |
| Net Assets | $2.1M |
| Operating Margin | -49.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 94.4 months |
Financial Health Grade: B
In 2023, Abelow Family Foundation reported a deficit of $90K with expenses exceeding revenue, holds 94.4 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), Abelow Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.7% | +25.0% | +11.3% |
| 2021 | -277.7% | +19.0% | -15.7% |
| 2020 | -77.8% | -9.2% | -7.1% |
| 2019 | -71.1% | +24.6% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Abelow Family Foundation with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Abelow Family Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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 $90K, 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 the foundation's leadership is either unpaid or compensated through non-officer channels, which is highly favorable for maximizing funds for charitable purposes.
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 Abelow Family Foundation's IRS 990 filings:
- Occasional periods of expenses significantly exceeding revenue, such as in 2023 ($271,280 expenses vs. $181,740 revenue) and 2021 ($-83,979 revenue vs. $264,400 expenses), which, while common for foundations, warrants monitoring to ensure long-term sustainability if not balanced by investment gains.
Strengths
The following positive indicators were identified for Abelow Family Foundation:
- Consistent 0% officer compensation across all reported periods, indicating a strong commitment to directing funds towards the mission.
- Stable and substantial asset base, consistently over $1.9 million in recent years, providing a solid financial foundation for grantmaking.
- Long history of IRS 990 filings (10 filings), demonstrating consistent operation and transparency.
- As a grantmaking foundation, its primary function is to distribute funds, inherently aligning with high program spending.
Frequently Asked Questions about Abelow Family Foundation
Is Abelow Family Foundation a legitimate charity?
Abelow Family Foundation (EIN: 134053987) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $337K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Abelow Family Foundation spend its money?
Abelow Family Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Abelow Family Foundation tax-deductible?
Abelow Family Foundation is registered as a tax-exempt nonprofit (EIN: 134053987). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Abelow Family Foundation's spending goes to programs?
Abelow Family Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Abelow Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Abelow Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Abelow Family Foundation located?
Abelow Family Foundation is headquartered in Telluride, Colorado and files with the IRS under EIN 134053987. It is classified under NTEE code T22.
How many years of IRS 990 filings does Abelow Family Foundation have?
Abelow Family Foundation 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 $337K in total revenue.
Is Abelow Family Foundation a good charity?
Based on the provided data, the Abelow Family Foundation appears to be a good charity, particularly for those interested in supporting a grantmaking foundation with a strong commitment to its mission. It maintains a stable asset base (over $2 million in recent years), consistently reports 0% officer compensation, and directs its resources towards philanthropic grants. While revenue fluctuates, this is common for foundations that rely on investment returns and strategically disburse funds.
How does the foundation manage its expenses when revenue is negative or lower than expenses?
The foundation manages periods of negative or lower revenue by drawing from its substantial asset base. For example, in 2021, revenue was $-83,979 while expenses were $264,400. The foundation's assets remained robust at $1,925,926, indicating it uses its principal or accumulated earnings to cover grantmaking and operational costs, a standard practice for endowed foundations.
What is the primary focus of the Abelow Family Foundation's spending?
As a Private Grantmaking Foundation (NTEE Code T22), the primary focus of the Abelow Family Foundation's spending is on making grants to other organizations or individuals to further charitable causes. While specific grant recipients are not detailed here, the nature of its NTEE code implies that the vast majority of its expenses are direct programmatic grants.
Filing History
IRS 990 filing history for Abelow Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Abelow Family Foundation's revenue has grown by 364.8%, moving from $39K to $182K. Total assets increased by 15.6% over the same period, from $1.8M to $2.1M. Total functional expenses rose by 114%, from $127K to $271K. In its most recent filing year (2023), Abelow Family Foundation reported a deficit of $90K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $271K | $2.1M | $1 | — | — |
| 2022 | $218K | $217K | $1.9M | $1 | — | View 990 |
| 2021 | $-83,979 | $264K | $1.9M | $1 | — | View 990 |
| 2020 | $47K | $222K | $2.3M | $1 | — | — |
| 2019 | $213K | $245K | $2.5M | $1 | — | View 990 |
| 2015 | $737K | $196K | $2.5M | $0 | — | View 990 |
| 2014 | $198K | $48K | $2.0M | $0 | — | View 990 |
| 2013 | $92K | $54K | $1.8M | $0 | — | View 990 |
| 2012 | $51K | $121K | $1.8M | $0 | — | View 990 |
| 2011 | $39K | $127K | $1.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $271K, and assets of $2.1M (revenue -16.7% year-over-year).
- 2022: Revenue of $218K, expenses of $217K, and assets of $1.9M.
- 2021: Revenue of $-83,979, expenses of $264K, and assets of $1.9M (revenue -277.7% year-over-year).
- 2020: Revenue of $47K, expenses of $222K, and assets of $2.3M (revenue -77.8% year-over-year).
- 2019: Revenue of $213K, expenses of $245K, and assets of $2.5M (revenue -71.1% year-over-year).
- 2015: Revenue of $737K, expenses of $196K, and assets of $2.5M (revenue +272.2% year-over-year).
- 2014: Revenue of $198K, expenses of $48K, and assets of $2.0M (revenue +114.9% year-over-year).
- 2013: Revenue of $92K, expenses of $54K, and assets of $1.8M (revenue +81.7% year-over-year).
- 2012: Revenue of $51K, expenses of $121K, and assets of $1.8M (revenue +29.7% year-over-year).
- 2011: Revenue of $39K, expenses of $127K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abelow Family Foundation:
Data Sources and Methodology
This transparency report for Abelow 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.