Albion Community Foundation
EIN: 237019029 · Albion, MI · NTEE: S20J
| Metric | Value |
|---|---|
| Total Revenue | $7.2M |
| Total Expenses | $794K |
| Net Assets | $6.3M |
Is Albion Community Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Albion Community Foundation
Albion Community Foundation (EIN: 237019029) is a nonprofit organization based in Albion, MI, classified under NTEE code S20J. The organization reported total revenue of $7.2M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albion Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albion Community Foundation is a mid-size nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $794K |
| Surplus / Deficit | +$552K |
| Total Assets | $7.1M |
| Total Liabilities | $793K |
| Net Assets | $6.3M |
| Operating Margin | 41.0% |
| Debt-to-Asset Ratio | 11.2% |
| Months of Reserves | 107.5 months |
Financial Health Grade: A
In 2023, Albion Community Foundation reported a surplus of $552K with revenue exceeding expenses, holds 107.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Albion Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.3% | -60.0% | +18.1% |
| 2022 | -43.9% | +110.3% | -22.5% |
| 2021 | +430.9% | +139.4% | +29.2% |
| 2020 | +9.4% | -4.1% | +6.0% |
| 2019 | -26.6% | +5.6% | +14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Albion Community Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albion Community Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $552K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.2%.
Frequently Asked Questions about Albion Community Foundation
Is Albion Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Albion Community Foundation (EIN: 237019029) insufficient data. 0 red flags identified, 0 strengths noted.
How does Albion Community Foundation spend its money?
Detailed spending breakdown data is not yet available for Albion Community Foundation. Check back for updated IRS 990 analysis.
Are donations to Albion Community Foundation tax-deductible?
Albion Community Foundation is registered as a tax-exempt nonprofit (EIN: 237019029). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Albion Community Foundation located?
Albion Community Foundation is headquartered in Albion, Michigan and files with the IRS under EIN 237019029. It is classified under NTEE code S20J.
How many years of IRS 990 filings does Albion Community Foundation have?
Albion Community Foundation has 13 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 $7.2M in total revenue.
Filing History
IRS 990 filing history for Albion Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Albion Community Foundation's revenue has grown by 426.8%, moving from $255K to $1.3M. Total assets increased by 63.2% over the same period, from $4.4M to $7.1M. Total functional expenses rose by 58.3%, from $502K to $794K. In its most recent filing year (2023), Albion Community Foundation reported a surplus of $552K, with revenue exceeding expenses. The organization holds $793K in liabilities against $7.1M in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $794K | $7.1M | $793K | — | — |
| 2022 | $1.4M | $2.0M | $6.0M | $711K | — | View 990 |
| 2021 | $2.5M | $944K | $7.8M | $882K | — | View 990 |
| 2020 | $463K | $394K | $6.0M | $813K | — | View 990 |
| 2019 | $423K | $411K | $5.7M | $741K | — | View 990 |
| 2018 | $576K | $389K | $5.0M | $654K | — | View 990 |
| 2017 | $472K | $306K | $5.5M | $478K | — | View 990 |
| 2016 | $258K | $430K | $4.8M | $422K | — | View 990 |
| 2015 | $426K | $522K | $4.7M | $409K | — | View 990 |
| 2014 | $886K | $1.5M | $5.0M | $454K | — | View 990 |
| 2013 | $2.5M | $1.6M | $5.7M | $442K | — | View 990 |
| 2012 | $844K | $495K | $5.0M | $417K | — | View 990 |
| 2011 | $255K | $502K | $4.4M | $385K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $794K, and assets of $7.1M (revenue -2.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $2.0M, and assets of $6.0M (revenue -43.9% year-over-year).
- 2021: Revenue of $2.5M, expenses of $944K, and assets of $7.8M (revenue +430.9% year-over-year).
- 2020: Revenue of $463K, expenses of $394K, and assets of $6.0M (revenue +9.4% year-over-year).
- 2019: Revenue of $423K, expenses of $411K, and assets of $5.7M (revenue -26.6% year-over-year).
- 2018: Revenue of $576K, expenses of $389K, and assets of $5.0M (revenue +22.1% year-over-year).
- 2017: Revenue of $472K, expenses of $306K, and assets of $5.5M (revenue +83.0% year-over-year).
- 2016: Revenue of $258K, expenses of $430K, and assets of $4.8M (revenue -39.5% year-over-year).
- 2015: Revenue of $426K, expenses of $522K, and assets of $4.7M (revenue -51.9% year-over-year).
- 2014: Revenue of $886K, expenses of $1.5M, and assets of $5.0M (revenue -65.2% year-over-year).
- 2013: Revenue of $2.5M, expenses of $1.6M, and assets of $5.7M (revenue +202.0% year-over-year).
- 2012: Revenue of $844K, expenses of $495K, and assets of $5.0M (revenue +230.5% year-over-year).
- 2011: Revenue of $255K, expenses of $502K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albion Community Foundation:
Data Sources and Methodology
This transparency report for Albion Community 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.