Ahearn Fam Foundation
Ahearn Fam Foundation maintains stable assets and zero officer compensation amidst fluctuating revenues.
EIN: 137582929 · Phoenix, AZ · NTEE: T20 · Updated: 2026-03-28
Is Ahearn Fam Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ahearn Fam Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ahearn Fam Foundation
Ahearn Fam Foundation (EIN: 137582929) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code T20. The organization reported total revenue of $18.0M and total assets of $13.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ahearn Fam Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ahearn Fam Foundation is a large nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 33.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $406K |
| Total Expenses | $300K |
| Surplus / Deficit | +$105K |
| Total Assets | $6.0M |
| Total Liabilities | $1 |
| Net Assets | $6.0M |
| Operating Margin | 26.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 238.9 months |
Financial Health Grade: A
In 2023, Ahearn Fam Foundation reported a surplus of $105K with revenue exceeding expenses, holds 238.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Ahearn Fam Foundation's revenue has grown at a compound annual growth rate (CAGR) of 33.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.8% | -43.8% | +1.8% |
| 2022 | +32.7% | +48.8% | +0.7% |
| 2021 | +72.5% | -63.9% | +1.3% |
| 2020 | -26.3% | +59.8% | -11.5% |
| 2019 | -65.2% | +54.4% | -21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Ahearn Fam 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Ahearn Fam Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 surplus of $105K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and asset base. This suggests that leadership may be entirely volunteer-based or compensated through other means not reported as officer compensation, allowing more funds to be directed to the 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.
Red Flags
The following concerns were identified during AI analysis of Ahearn Fam Foundation's IRS 990 filings:
- Lack of detailed expense breakdown prevents precise program spending ratio calculation.
Strengths
The following positive indicators were identified for Ahearn Fam Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency in resource allocation.
- Minimal liabilities reported ($1 in most recent filings), demonstrating strong financial health and low risk.
- Stable asset base of nearly $6 million in 2023, providing a solid financial foundation.
- Long history of IRS 990 filings (11 filings), indicating consistent transparency and compliance.
- Expenses generally kept below or close to revenue in recent years, showing responsible financial management.
Frequently Asked Questions about Ahearn Fam Foundation
Is Ahearn Fam Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ahearn Fam Foundation (EIN: 137582929) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Ahearn Fam Foundation spend its money?
Ahearn Fam Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ahearn Fam Foundation tax-deductible?
Ahearn Fam Foundation is registered as a tax-exempt nonprofit (EIN: 137582929). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ahearn Fam Foundation a good charity?
Based on the available data, the Ahearn Fam Foundation appears to be a very good charity. It consistently reports 0% officer compensation, maintains minimal liabilities, and has a stable asset base, all of which are strong indicators of financial health and efficient resource allocation.
How does the foundation manage its expenses relative to its revenue?
In recent years, the foundation has generally managed its expenses to be less than or close to its revenue. For example, in 2023, revenue was $405,847 and expenses were $300,481, demonstrating responsible financial management.
What is the trend in the foundation's assets?
The foundation's assets have shown a general decline from a high of $9,028,571 in 2014 to $5,981,524 in 2023, though they have remained relatively stable in recent years (e.g., $5,876,158 in 2022 to $5,981,524 in 2023).
Filing History
IRS 990 filing history for Ahearn Fam Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Ahearn Fam Foundation's revenue has grown by 4077.5%, moving from $10K to $406K. Total assets increased by 74.3% over the same period, from $3.4M to $6.0M. Total functional expenses rose by 15%, from $261K to $300K. In its most recent filing year (2023), Ahearn Fam Foundation reported a surplus of $105K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $406K | $300K | $6.0M | $1 | — | View 990 |
| 2022 | $578K | $535K | $5.9M | $1 | — | View 990 |
| 2021 | $436K | $360K | $5.8M | $1 | — | View 990 |
| 2020 | $252K | $997K | $5.8M | $1 | — | View 990 |
| 2019 | $342K | $624K | $6.5M | $0 | — | View 990 |
| 2015 | $983K | $404K | $8.3M | $1 | — | View 990 |
| 2014 | $129K | $209K | $9.0M | $101K | — | View 990 |
| 2013 | $70K | $250K | $8.8M | $148K | — | View 990 |
| 2012 | $85K | $260K | $8.3M | $195K | — | View 990 |
| 2011 | $5.9M | $1.3M | $8.1M | $259K | — | View 990 |
| 2010 | $10K | $261K | $3.4M | $340K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $406K, expenses of $300K, and assets of $6.0M (revenue -29.8% year-over-year).
- 2022: Revenue of $578K, expenses of $535K, and assets of $5.9M (revenue +32.7% year-over-year).
- 2021: Revenue of $436K, expenses of $360K, and assets of $5.8M (revenue +72.5% year-over-year).
- 2020: Revenue of $252K, expenses of $997K, and assets of $5.8M (revenue -26.3% year-over-year).
- 2019: Revenue of $342K, expenses of $624K, and assets of $6.5M (revenue -65.2% year-over-year).
- 2015: Revenue of $983K, expenses of $404K, and assets of $8.3M (revenue +660.3% year-over-year).
- 2014: Revenue of $129K, expenses of $209K, and assets of $9.0M (revenue +84.2% year-over-year).
- 2013: Revenue of $70K, expenses of $250K, and assets of $8.8M (revenue -17.1% year-over-year).
- 2012: Revenue of $85K, expenses of $260K, and assets of $8.3M (revenue -98.6% year-over-year).
- 2011: Revenue of $5.9M, expenses of $1.3M, and assets of $8.1M (revenue +61072.3% year-over-year).
- 2010: Revenue of $10K, expenses of $261K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ahearn Fam Foundation:
Data Sources and Methodology
This transparency report for Ahearn Fam 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.