Albright Foundation
Albright Foundation maintains strong asset growth with zero officer compensation despite fluctuating annual revenues.
EIN: 203911328 · Minnetonka, MN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $464K |
| Total Expenses | $273K |
| Program Spending | 90% |
| Net Assets | $5.9M |
| Transparency Score | 92/100 |
Is Albright Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Albright Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Albright Foundation
Albright Foundation (EIN: 203911328) is a nonprofit organization based in Minnetonka, MN, classified under NTEE code T20. The organization reported total revenue of $464K and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albright Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albright Foundation is a small nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $365K |
| Total Expenses | $273K |
| Surplus / Deficit | +$92K |
| Total Assets | $5.9M |
| Total Liabilities | $1 |
| Net Assets | $5.9M |
| Operating Margin | 25.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 259.6 months |
Financial Health Grade: A
In 2023, Albright Foundation reported a surplus of $92K with revenue exceeding expenses, holds 259.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Albright Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +133.8% | -2.3% | +1.6% |
| 2022 | -8.9% | +3.9% | -1.3% |
| 2021 | -38.2% | -22.5% | -3.8% |
| 2019 | -43.8% | +31.4% | +19.3% |
| 2015 | -29.3% | +3.7% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Albright Foundation with a Mission Score of 92 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, Albright 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 $92K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is either entirely volunteer-run at the executive level or compensates its leadership through non-officer roles, which is highly efficient 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 Albright Foundation's IRS 990 filings:
- Highly fluctuating annual revenue, which could indicate reliance on inconsistent funding sources or investment returns.
Strengths
The following positive indicators were identified for Albright Foundation:
- Consistent asset growth over more than a decade, from $2.98M to over $6M.
- Zero officer compensation reported across all filings, indicating exceptional efficiency in leadership costs.
- Very low liabilities, often $1 or $0, demonstrating strong financial solvency.
- Transparent filing history with 9 years of IRS 990 data available.
Frequently Asked Questions about Albright Foundation
Is Albright Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Albright Foundation (EIN: 203911328) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Albright Foundation spend its money?
Albright Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Albright Foundation tax-deductible?
Albright Foundation is registered as a tax-exempt nonprofit (EIN: 203911328). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Albright Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Albright Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Albright Foundation located?
Albright Foundation is headquartered in Minnetonka, Minnesota and files with the IRS under EIN 203911328. It is classified under NTEE code T20.
How many years of IRS 990 filings does Albright Foundation have?
Albright Foundation has 9 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 $464K in total revenue.
Is Albright Foundation a good charity?
Based on the provided data, Albright Foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, very low liabilities, and a remarkable record of 0% officer compensation, suggesting highly efficient use of funds.
How does Albright Foundation manage to have 0% officer compensation?
The 0% officer compensation suggests that the foundation's leadership roles are either filled by volunteers, or any compensation is structured in a way that it is not reported as 'officer compensation' on the 990 form, which is unusual but highly efficient.
What is the trend in Albright Foundation's revenue?
Albright Foundation's revenue has been highly variable, peaking at $989,253 in 2013 and dropping to $155,943 in 2022, before recovering to $364,534 in 2023. This fluctuation suggests potential reliance on specific grants or investment performance rather than consistent, broad-based fundraising.
Are Albright Foundation's assets growing?
Yes, Albright Foundation's assets have shown consistent growth over the long term, increasing from $2,980,219 in 2011 to $6,096,612 in the latest filing, indicating sound financial management and accumulation of capital.
Filing History
IRS 990 filing history for Albright Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Albright Foundation's revenue has grown by 54.6%, moving from $236K to $365K. Total assets increased by 97.9% over the same period, from $3.0M to $5.9M. Total functional expenses rose by 57.7%, from $173K to $273K. In its most recent filing year (2023), Albright Foundation reported a surplus of $92K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $365K | $273K | $5.9M | $1 | — | View 990 |
| 2022 | $156K | $279K | $5.8M | $1 | — | View 990 |
| 2021 | $171K | $268K | $5.9M | $1 | — | — |
| 2019 | $277K | $346K | $6.1M | $0 | — | View 990 |
| 2015 | $493K | $263K | $5.1M | $8K | — | View 990 |
| 2014 | $697K | $254K | $4.9M | $8K | — | View 990 |
| 2013 | $989K | $201K | $4.5M | $7K | — | View 990 |
| 2012 | $862K | $156K | $3.7M | $38K | — | View 990 |
| 2011 | $236K | $173K | $3.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $365K, expenses of $273K, and assets of $5.9M (revenue +133.8% year-over-year).
- 2022: Revenue of $156K, expenses of $279K, and assets of $5.8M (revenue -8.9% year-over-year).
- 2021: Revenue of $171K, expenses of $268K, and assets of $5.9M (revenue -38.2% year-over-year).
- 2019: Revenue of $277K, expenses of $346K, and assets of $6.1M (revenue -43.8% year-over-year).
- 2015: Revenue of $493K, expenses of $263K, and assets of $5.1M (revenue -29.3% year-over-year).
- 2014: Revenue of $697K, expenses of $254K, and assets of $4.9M (revenue -29.6% year-over-year).
- 2013: Revenue of $989K, expenses of $201K, and assets of $4.5M (revenue +14.8% year-over-year).
- 2012: Revenue of $862K, expenses of $156K, and assets of $3.7M (revenue +265.6% year-over-year).
- 2011: Revenue of $236K, expenses of $173K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albright Foundation:
Data Sources and Methodology
This transparency report for Albright 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.