Advisors Charitable Gift Fund Inc
Advisors Charitable Gift Fund consistently reports zero executive compensation but frequently spends more than it earns.
EIN: 10782573 · Woburn, MA · NTEE: W120 · Updated: 2026-03-27
Is Advisors Charitable Gift Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Advisors Charitable Gift Fund Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Advisors Charitable Gift Fund Inc
Advisors Charitable Gift Fund Inc (EIN: 10782573) is a nonprofit organization based in Woburn, MA, classified under NTEE code W120. The organization reported total revenue of $6.3M and total assets of $27.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Advisors Charitable Gift Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Advisors Charitable Gift Fund 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Advisors Charitable Gift Fund Inc 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is a positive sign for donor confidence.
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 Advisors Charitable Gift Fund Inc's IRS 990 filings:
- Consistent negative net income (expenses exceeding revenue) in recent years, such as in 2023 ($2.9M deficit) and 2022 ($2.6M deficit), which, while common for DAFs distributing grants, requires understanding of funding sources.
- Significant fluctuations in annual revenue, from a high of $15.9M in 2017 to $3.3M in 2023, indicating reliance on variable donor contributions.
Strengths
The following positive indicators were identified for Advisors Charitable Gift Fund Inc:
- Consistent zero officer compensation across all filings, demonstrating a commitment to minimizing executive overhead.
- Substantial growth in assets over its history, from $7.9M in 2014 to $27.4M currently, indicating strong financial stewardship of donor funds.
- Low liabilities relative to assets, suggesting good financial health and minimal debt burden (e.g., $23,630 liabilities vs. $22.7M assets in 2023).
Frequently Asked Questions about Advisors Charitable Gift Fund Inc
Is Advisors Charitable Gift Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Advisors Charitable Gift Fund Inc (EIN: 10782573) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Advisors Charitable Gift Fund Inc spend its money?
Advisors Charitable Gift Fund Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Advisors Charitable Gift Fund Inc tax-deductible?
Advisors Charitable Gift Fund Inc is registered as a tax-exempt nonprofit (EIN: 10782573). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Advisors Charitable Gift Fund Inc a good charity?
As a donor-advised fund, its primary function is to facilitate charitable giving. The consistent zero executive compensation is a strong positive. However, the recurring trend of expenses exceeding revenue in recent years (e.g., $6.28M expenses vs. $3.35M revenue in 2023) suggests that while funds are being distributed, the operational model relies on asset management and new contributions to cover these distributions. Donors should understand that their contributions are held and then granted out, rather than directly funding operational programs.
Why do expenses often exceed revenue?
For a donor-advised fund like Advisors Charitable Gift Fund Inc, expenses primarily represent grants distributed to other charities. When expenses exceed revenue, it often means the organization is distributing more in grants than it received in new contributions during that specific period, drawing from its existing asset base or prior year contributions. For example, in 2023, expenses were $6,285,928 while revenue was $3,358,988, indicating significant grantmaking activity.
What is the trend in the organization's assets?
The organization's assets have shown significant growth over time, from $7,951,195 in 2014 to $27,413,364 currently. While there have been fluctuations, such as a decrease from $36,774,132 in 2021 to $22,766,067 in 2023, the overall trend indicates a substantial accumulation and management of charitable funds.
How does this organization compare to other charities?
As a donor-advised fund (NTEE W120), it functions differently from direct service charities. Its efficiency is measured by its ability to facilitate grants and manage donor funds with low overhead. The zero executive compensation and low liabilities are strong indicators of financial prudence in its specific operational model.
Filing History
IRS 990 filing history for Advisors Charitable Gift Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Advisors Charitable Gift Fund Inc's revenue has grown by 102.9%, moving from $1.7M to $3.4M. Total assets increased by 420.5% over the same period, from $4.4M to $22.8M. Total functional expenses rose by 452.4%, from $1.1M to $6.3M. In its most recent filing year (2023), Advisors Charitable Gift Fund Inc reported a deficit of $2.9M, with expenses exceeding revenue. The organization holds $24K in liabilities against $22.8M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $22.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $6.3M | $22.8M | $24K | — | View 990 |
| 2022 | $6.3M | $9.0M | $25.6M | $12K | — | View 990 |
| 2021 | $9.2M | $10.6M | $36.8M | $15K | — | View 990 |
| 2020 | $8.7M | $6.6M | $32.8M | $16K | — | View 990 |
| 2019 | $6.3M | $6.9M | $30.6M | $15K | — | View 990 |
| 2018 | $8.0M | $7.9M | $29.7M | $15K | — | View 990 |
| 2017 | $15.9M | $7.2M | $31.0M | $3K | — | — |
| 2016 | $13.4M | $3.5M | $20.0M | $12K | — | View 990 |
| 2015 | $5.0M | $2.0M | $10.0M | $10K | — | View 990 |
| 2014 | $1.4M | $1.3M | $8.0M | $10K | — | View 990 |
| 2013 | $2.4M | $1.0M | $7.6M | $43K | — | View 990 |
| 2012 | $3.0M | $2.2M | $5.7M | $15K | — | View 990 |
| 2011 | $1.7M | $1.1M | $4.4M | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $6.3M, and assets of $22.8M (revenue -46.6% year-over-year).
- 2022: Revenue of $6.3M, expenses of $9.0M, and assets of $25.6M (revenue -31.4% year-over-year).
- 2021: Revenue of $9.2M, expenses of $10.6M, and assets of $36.8M (revenue +5.5% year-over-year).
- 2020: Revenue of $8.7M, expenses of $6.6M, and assets of $32.8M (revenue +38.4% year-over-year).
- 2019: Revenue of $6.3M, expenses of $6.9M, and assets of $30.6M (revenue -21.3% year-over-year).
- 2018: Revenue of $8.0M, expenses of $7.9M, and assets of $29.7M (revenue -49.8% year-over-year).
- 2017: Revenue of $15.9M, expenses of $7.2M, and assets of $31.0M (revenue +19.1% year-over-year).
- 2016: Revenue of $13.4M, expenses of $3.5M, and assets of $20.0M (revenue +165.3% year-over-year).
- 2015: Revenue of $5.0M, expenses of $2.0M, and assets of $10.0M (revenue +248.0% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.3M, and assets of $8.0M (revenue -39.5% year-over-year).
- 2013: Revenue of $2.4M, expenses of $1.0M, and assets of $7.6M (revenue -21.4% year-over-year).
- 2012: Revenue of $3.0M, expenses of $2.2M, and assets of $5.7M (revenue +83.8% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.1M, and assets of $4.4M.
Data Sources and Methodology
This transparency report for Advisors Charitable Gift Fund 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.