Albert And Ernest Frederickson Charitable Foundation
Albert And Ernest Frederickson Charitable Foundation maintains strong assets and low expenses with zero officer compensation.
EIN: 200349489 · Blair, WI · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $20K |
| Program Spending | 90% |
| Net Assets | $2.0M |
| Transparency Score | 90/100 |
Is Albert And Ernest Frederickson Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albert And Ernest Frederickson Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albert And Ernest Frederickson Charitable Foundation
Albert And Ernest Frederickson Charitable Foundation (EIN: 200349489) is a nonprofit organization based in Blair, WI, classified under NTEE code T23. The organization reported total revenue of $1.0M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albert And Ernest Frederickson Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albert And Ernest Frederickson Charitable Foundation is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 38.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $157K |
| Total Expenses | $20K |
| Surplus / Deficit | +$137K |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | 87.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1184.6 months |
Financial Health Grade: A
In 2023, Albert And Ernest Frederickson Charitable Foundation reported a surplus of $137K with revenue exceeding expenses, holds 1184.6 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), Albert And Ernest Frederickson Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 38.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +102.1% | -79.1% | +7.3% |
| 2022 | -62.7% | +3.4% | -15.0% |
| 2021 | +131.6% | -5.6% | +6.4% |
| 2020 | -15.2% | +13.2% | +3.6% |
| 2019 | -94.2% | +319.4% | +13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Albert And Ernest Frederickson Charitable 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, Albert And Ernest Frederickson Charitable 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 $137K, with revenue exceeding expenses.
- 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 is likely run by volunteers or that compensation is covered by other means not reported as officer compensation, which is highly favorable for a foundation of its size.
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 Albert And Ernest Frederickson Charitable Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility, which could impact consistent grantmaking capacity if not managed by asset reserves.
Strengths
The following positive indicators were identified for Albert And Ernest Frederickson Charitable Foundation:
- Consistent zero officer compensation, indicating volunteer leadership or highly efficient operational structure.
- Extremely low expense ratio relative to revenue in most years (e.g., $20,316 expenses on $157,354 revenue in 2023).
- Strong and growing asset base, reaching $2,163,790, providing financial stability.
- Minimal liabilities reported across all periods, indicating sound financial health and low debt.
- Long history of IRS 990 filings (10 filings), demonstrating transparency and consistent reporting.
Frequently Asked Questions about Albert And Ernest Frederickson Charitable Foundation
Is Albert And Ernest Frederickson Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Albert And Ernest Frederickson Charitable Foundation (EIN: 200349489) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Albert And Ernest Frederickson Charitable Foundation spend its money?
Albert And Ernest Frederickson Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Albert And Ernest Frederickson Charitable Foundation tax-deductible?
Albert And Ernest Frederickson Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 200349489). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Albert And Ernest Frederickson Charitable Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Albert And Ernest Frederickson Charitable Foundation is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Albert And Ernest Frederickson Charitable Foundation located?
Albert And Ernest Frederickson Charitable Foundation is headquartered in Blair, Wisconsin and files with the IRS under EIN 200349489. It is classified under NTEE code T23.
How many years of IRS 990 filings does Albert And Ernest Frederickson Charitable Foundation have?
Albert And Ernest Frederickson Charitable 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 $1.0M in total revenue.
Is Albert And Ernest Frederickson Charitable Foundation a good charity?
Based on the provided data, the foundation appears to be a very good charity from a financial perspective. It maintains substantial assets ($2,163,790), has consistently low expenses relative to its revenue, and reports zero officer compensation, suggesting high efficiency and dedication to its charitable purpose.
How has the foundation's revenue changed over time?
The foundation's revenue has shown significant variability, from a peak of $1,831,197 in 2015 to more recent figures like $157,354 in 2023 and $77,849 in 2022. This fluctuation suggests reliance on varying income streams, possibly large donations or investment returns.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, growing from $3,825 in 2011 to $2,163,790 in the latest period. This indicates effective asset management and growth, providing a solid base for its charitable activities.
Filing History
IRS 990 filing history for Albert And Ernest Frederickson Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Albert And Ernest Frederickson Charitable Foundation's revenue has grown by 4688.6%, moving from $3K to $157K. Total assets increased by 52331.6% over the same period, from $4K to $2.0M. Total functional expenses rose by 541.9%, from $3K to $20K. In its most recent filing year (2023), Albert And Ernest Frederickson Charitable Foundation reported a surplus of $137K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $157K | $20K | $2.0M | $1 | — | View 990 |
| 2022 | $78K | $97K | $1.9M | $1 | — | View 990 |
| 2021 | $209K | $94K | $2.2M | $1 | — | View 990 |
| 2020 | $90K | $99K | $2.1M | $1 | — | — |
| 2019 | $106K | $88K | $2.0M | $0 | — | View 990 |
| 2015 | $1.8M | $21K | $1.8M | $0 | — | View 990 |
| 2014 | $6K | $3K | $7K | $0 | — | View 990 |
| 2013 | $3K | $3K | $4K | $1 | — | View 990 |
| 2012 | $3K | $3K | $4K | $0 | — | View 990 |
| 2011 | $3K | $3K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $157K, expenses of $20K, and assets of $2.0M (revenue +102.1% year-over-year).
- 2022: Revenue of $78K, expenses of $97K, and assets of $1.9M (revenue -62.7% year-over-year).
- 2021: Revenue of $209K, expenses of $94K, and assets of $2.2M (revenue +131.6% year-over-year).
- 2020: Revenue of $90K, expenses of $99K, and assets of $2.1M (revenue -15.2% year-over-year).
- 2019: Revenue of $106K, expenses of $88K, and assets of $2.0M (revenue -94.2% year-over-year).
- 2015: Revenue of $1.8M, expenses of $21K, and assets of $1.8M (revenue +30527.1% year-over-year).
- 2014: Revenue of $6K, expenses of $3K, and assets of $7K (revenue +84.6% year-over-year).
- 2013: Revenue of $3K, expenses of $3K, and assets of $4K (revenue +8.5% year-over-year).
- 2012: Revenue of $3K, expenses of $3K, and assets of $4K (revenue -9.1% year-over-year).
- 2011: Revenue of $3K, expenses of $3K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albert And Ernest Frederickson Charitable Foundation:
Data Sources and Methodology
This transparency report for Albert And Ernest Frederickson Charitable 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.