Alcon Foundation
Alcon Foundation consistently disburses nearly all annual revenue, operating with minimal assets and no reported officer compensation.
EIN: 200166600 · Fort Worth, TX · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $5.0M |
| Program Spending | 99% |
| Net Assets | $0 |
| Transparency Score | 95/100 |
Is Alcon Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alcon Foundation directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alcon Foundation
Alcon Foundation (EIN: 200166600) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code T20. The organization reported total revenue of $5.5M and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alcon Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alcon 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 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$20K |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Alcon Foundation reported a surplus of $20K with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Alcon Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.3% | -10.6% | +0.0% |
| 2022 | +45.4% | +45.4% | +0.0% |
| 2021 | -31.7% | -31.7% | +0.0% |
| 2020 | +55.6% | +55.6% | +0.0% |
| 2019 | -37.9% | -37.9% | +0.0% |
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 Alcon Foundation with a Mission Score of 95 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Alcon Foundation allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% 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 $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
The Alcon Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives from the foundation's funds. This suggests a highly efficient administrative structure, likely supported by volunteers or the parent company, Alcon, which is a significant positive for donors.
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 Alcon Foundation's IRS 990 filings:
- Minimal assets ($1) could indicate a reliance on continuous external funding rather than a stable endowment, though this is common for pass-through foundations.
Strengths
The following positive indicators were identified for Alcon Foundation:
- Consistently disburses nearly 100% of revenue to expenses, indicating high program efficiency.
- Reports 0% officer compensation across all filings, demonstrating excellent administrative cost control.
- Consistent IRS 990 filing history provides strong financial transparency.
- Operates with minimal liabilities, indicating sound financial management.
Frequently Asked Questions about Alcon Foundation
Is Alcon Foundation a legitimate charity?
Alcon Foundation (EIN: 200166600) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.5M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Alcon Foundation spend its money?
Alcon Foundation directs 99% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Alcon Foundation tax-deductible?
Alcon Foundation is registered as a tax-exempt nonprofit (EIN: 200166600). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Alcon Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Alcon 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 Alcon Foundation located?
Alcon Foundation is headquartered in Fort Worth, Texas and files with the IRS under EIN 200166600. It is classified under NTEE code T20.
How many years of IRS 990 filings does Alcon Foundation have?
Alcon 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 $5.5M in total revenue.
Is Alcon Foundation a good charity?
Based on the provided data, Alcon Foundation appears to be a highly effective and efficient grant-making organization. It consistently disburses nearly all its revenue to programs, maintains minimal overhead, and reports no executive compensation, which are strong indicators of a well-managed charity focused on its mission.
How does Alcon Foundation manage its assets?
The Alcon Foundation consistently reports assets of $1 across most of its filings, indicating it operates primarily as a pass-through entity, distributing funds as they are received rather than accumulating a large endowment. This model ensures funds are put to use quickly.
What is the trend in Alcon Foundation's revenue?
Alcon Foundation's revenue has fluctuated over the years, ranging from a low of $3,646,975 in 2019 to a high of $6,398,990 in 2012. However, it has consistently maintained a high level of funding, with the latest reported revenue at $5,056,500 in 2023.
Filing History
IRS 990 filing history for Alcon Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alcon Foundation's revenue has grown by 26.2%, moving from $4.0M to $5.1M. Total assets increased by 0% over the same period, from $1 to $1. Total functional expenses rose by 25.7%, from $4.0M to $5.0M. In its most recent filing year (2023), Alcon Foundation reported a surplus of $20K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.1M | $5.0M | $1 | $1 | — | — |
| 2022 | $5.6M | $5.6M | $1 | $1 | — | View 990 |
| 2021 | $3.9M | $3.9M | $1 | $1 | — | View 990 |
| 2020 | $5.7M | $5.7M | $1 | $1 | — | View 990 |
| 2019 | $3.6M | $3.6M | $1 | $1 | — | View 990 |
| 2015 | $5.9M | $5.9M | $1 | $0 | — | View 990 |
| 2014 | $4.4M | $4.4M | $1 | $0 | — | View 990 |
| 2013 | $5.1M | $5.1M | $1 | $0 | — | View 990 |
| 2012 | $6.4M | $6.4M | $0 | $0 | — | View 990 |
| 2011 | $4.0M | $4.0M | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.1M, expenses of $5.0M, and assets of $1 (revenue -10.3% year-over-year).
- 2022: Revenue of $5.6M, expenses of $5.6M, and assets of $1 (revenue +45.4% year-over-year).
- 2021: Revenue of $3.9M, expenses of $3.9M, and assets of $1 (revenue -31.7% year-over-year).
- 2020: Revenue of $5.7M, expenses of $5.7M, and assets of $1 (revenue +55.6% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.6M, and assets of $1 (revenue -37.9% year-over-year).
- 2015: Revenue of $5.9M, expenses of $5.9M, and assets of $1 (revenue +33.2% year-over-year).
- 2014: Revenue of $4.4M, expenses of $4.4M, and assets of $1 (revenue -14.0% year-over-year).
- 2013: Revenue of $5.1M, expenses of $5.1M, and assets of $1 (revenue -19.8% year-over-year).
- 2012: Revenue of $6.4M, expenses of $6.4M, and assets of $0 (revenue +59.7% year-over-year).
- 2011: Revenue of $4.0M, expenses of $4.0M, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alcon Foundation:
Data Sources and Methodology
This transparency report for Alcon 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.