Akridge Family Foundation
Akridge Family Foundation shows zero revenue and assets in its latest summary, following a history of disbursing nearly all income with no officer compensation.
EIN: 204904639 · Oxford, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $270K |
| Program Spending | 90% |
| Net Assets | $53K |
| Transparency Score | 75/100 |
Is Akridge Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Akridge Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Akridge Family Foundation
Akridge Family Foundation (EIN: 204904639) is a nonprofit organization based in Oxford, MD. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Akridge Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Akridge Family Foundation is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -25.2%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $270K |
| Surplus / Deficit | +$2K |
| Total Assets | $53K |
| Total Liabilities | $1 |
| Net Assets | $53K |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2.4 months |
Financial Health Grade: A
In 2014, Akridge Family Foundation reported a surplus of $2K with revenue exceeding expenses, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Akridge Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -25.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -9.4% | -1.5% | +3.5% |
| 2013 | -54.9% | -59.7% | +98.9% |
| 2012 | +2.3% | +8.6% | -37.6% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Akridge Family Foundation with a Mission Score of 75 out of 100 (Good). 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, Akridge Family 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Akridge Family Foundation consistently reported 0% officer compensation across all available filing periods, indicating that no funds were used for executive salaries, which is highly favorable for a small foundation.
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 Akridge Family Foundation's IRS 990 filings:
- Zero reported revenue and assets in the latest summary, potentially indicating inactivity or closure.
Strengths
The following positive indicators were identified for Akridge Family Foundation:
- Consistent 0% officer compensation across all reported periods, demonstrating efficient use of funds for its mission.
- Historically high distribution rate of revenue, with expenses closely matching income.
Frequently Asked Questions about Akridge Family Foundation
Is Akridge Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Akridge Family Foundation (EIN: 204904639) some concerns. Mission Score: 75/100. 1 red flag identified, 2 strengths noted.
How does Akridge Family Foundation spend its money?
Akridge Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Akridge Family Foundation tax-deductible?
Akridge Family Foundation is registered as a tax-exempt nonprofit (EIN: 204904639). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Akridge Family Foundation located?
Akridge Family Foundation is headquartered in Oxford, Maryland and files with the IRS under EIN 204904639.
How many years of IRS 990 filings does Akridge Family Foundation have?
Akridge Family Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Akridge Family Foundation still active?
The latest summary showing $0 revenue and $0 assets suggests the foundation may no longer be active or is in a dormant state. Further investigation into more recent filings or public records would be needed to confirm its current operational status.
How does the foundation manage its expenses relative to revenue?
Historically, the foundation has spent nearly all its revenue. For example, in 201412, expenses ($269,980) were very close to revenue ($271,808), indicating a high distribution rate of incoming funds.
Filing History
IRS 990 filing history for Akridge Family Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Akridge Family Foundation's revenue has declined by 58.2%, moving from $650K to $272K. Total assets increased by 28.6% over the same period, from $42K to $53K. Total functional expenses fell by 56.9%, from $627K to $270K. In its most recent filing year (2014), Akridge Family Foundation reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1 in liabilities against $53K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $53K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $272K | $270K | $53K | $1 | — | View 990 |
| 2013 | $300K | $274K | $52K | $0 | — | View 990 |
| 2012 | $665K | $681K | $26K | $0 | — | View 990 |
| 2011 | $650K | $627K | $42K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $272K, expenses of $270K, and assets of $53K (revenue -9.4% year-over-year).
- 2013: Revenue of $300K, expenses of $274K, and assets of $52K (revenue -54.9% year-over-year).
- 2012: Revenue of $665K, expenses of $681K, and assets of $26K (revenue +2.3% year-over-year).
- 2011: Revenue of $650K, expenses of $627K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Akridge Family Foundation:
Data Sources and Methodology
This transparency report for Akridge 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.