Alec And Tamar Ellison Family Foundation
Alec And Tamar Ellison Family Foundation's assets have declined by over 69% in a decade, consistently spending more than its revenue in recent years.
EIN: 134148789 · Greenwich, CT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $360K |
| Total Expenses | $50K |
| Program Spending | 90% |
| Net Assets | $321K |
| Transparency Score | 75/100 |
Is Alec And Tamar Ellison Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alec And Tamar Ellison Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alec And Tamar Ellison Family Foundation
Alec And Tamar Ellison Family Foundation (EIN: 134148789) is a nonprofit organization based in Greenwich, CT, classified under NTEE code T22. The organization reported total revenue of $360K and total assets of $448K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alec And Tamar Ellison Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alec And Tamar Ellison Family Foundation is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -23.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $50K |
| Surplus / Deficit | $-39,614 |
| Total Assets | $321K |
| Total Liabilities | $1 |
| Net Assets | $321K |
| Operating Margin | -367.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 76.5 months |
Financial Health Grade: B
In 2023, Alec And Tamar Ellison Family Foundation reported a deficit of $40K with expenses exceeding revenue, holds 76.5 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), Alec And Tamar Ellison Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -23.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.8% | +189.7% | -11.5% |
| 2022 | +23.8% | -52.7% | -2.7% |
| 2021 | -71.3% | +13.3% | -7.6% |
| 2020 | +10.1% | -39.1% | -2.7% |
| 2019 | -57.6% | -14.2% | -33.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Alec And Tamar Ellison 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, Alec And Tamar Ellison 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for resource allocation.
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 Alec And Tamar Ellison Family Foundation's IRS 990 filings:
- Consistent decline in assets over the past decade, from over $1 million to $321,154.
- Expenses frequently exceed revenue, indicating reliance on existing assets for operations and grantmaking (e.g., $50,400 expenses vs. $10,786 revenue in 2023).
Strengths
The following positive indicators were identified for Alec And Tamar Ellison Family Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds for mission.
- Consistent filing history (10 filings) demonstrates good compliance and transparency.
- Extremely low liabilities ($1 reported consistently) indicates a debt-free financial position.
Frequently Asked Questions about Alec And Tamar Ellison Family Foundation
Is Alec And Tamar Ellison Family Foundation a legitimate charity?
Alec And Tamar Ellison Family Foundation (EIN: 134148789) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $360K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Alec And Tamar Ellison Family Foundation spend its money?
Alec And Tamar Ellison Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Alec And Tamar Ellison Family Foundation tax-deductible?
Alec And Tamar Ellison Family Foundation is registered as a tax-exempt nonprofit (EIN: 134148789). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Alec And Tamar Ellison Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Alec And Tamar Ellison Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alec And Tamar Ellison Family Foundation located?
Alec And Tamar Ellison Family Foundation is headquartered in Greenwich, Connecticut and files with the IRS under EIN 134148789. It is classified under NTEE code T22.
How many years of IRS 990 filings does Alec And Tamar Ellison Family Foundation have?
Alec And Tamar Ellison Family 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 $360K in total revenue.
What are the specific grantmaking activities and beneficiaries of the foundation?
The provided data does not detail specific grant recipients or program activities, which would require reviewing the full IRS Form 990-PF filings.
Why have the foundation's assets declined significantly over the past decade?
The decline from $1,042,609 in assets in 2011 to $321,154 in 2023 is likely due to consistent distributions (grants) exceeding investment returns and contributions, as evidenced by expenses frequently surpassing revenue.
Is the foundation actively fundraising, or is it primarily funded by the family?
Given the nature of a 'Family Foundation' and the NTEE code T22 (Private Grantmaking Foundations), it is highly probable that funding primarily comes from the founding family rather than public fundraising efforts, which is also supported by the absence of reported fundraising expenses.
Filing History
IRS 990 filing history for Alec And Tamar Ellison Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alec And Tamar Ellison Family Foundation's revenue has declined by 95.8%, moving from $258K to $11K. Total assets decreased by 69.2% over the same period, from $1.0M to $321K. Total functional expenses fell by 73.9%, from $193K to $50K. In its most recent filing year (2023), Alec And Tamar Ellison Family Foundation reported a deficit of $40K, with expenses exceeding revenue. The organization holds $1 in liabilities against $321K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $321K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $50K | $321K | $1 | — | — |
| 2022 | $8K | $17K | $363K | $1 | — | View 990 |
| 2021 | $6K | $37K | $373K | $1 | — | View 990 |
| 2020 | $21K | $33K | $404K | $1 | — | — |
| 2019 | $19K | $53K | $415K | $1 | — | — |
| 2015 | $46K | $62K | $626K | $1 | — | View 990 |
| 2014 | $456K | $115K | $643K | $1 | — | View 990 |
| 2013 | $251K | $678K | $514K | $1 | — | View 990 |
| 2012 | $65K | $161K | $946K | $1 | — | View 990 |
| 2011 | $258K | $193K | $1.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $50K, and assets of $321K (revenue +41.8% year-over-year).
- 2022: Revenue of $8K, expenses of $17K, and assets of $363K (revenue +23.8% year-over-year).
- 2021: Revenue of $6K, expenses of $37K, and assets of $373K (revenue -71.3% year-over-year).
- 2020: Revenue of $21K, expenses of $33K, and assets of $404K (revenue +10.1% year-over-year).
- 2019: Revenue of $19K, expenses of $53K, and assets of $415K (revenue -57.6% year-over-year).
- 2015: Revenue of $46K, expenses of $62K, and assets of $626K (revenue -90.0% year-over-year).
- 2014: Revenue of $456K, expenses of $115K, and assets of $643K (revenue +81.4% year-over-year).
- 2013: Revenue of $251K, expenses of $678K, and assets of $514K (revenue +289.4% year-over-year).
- 2012: Revenue of $65K, expenses of $161K, and assets of $946K (revenue -75.0% year-over-year).
- 2011: Revenue of $258K, expenses of $193K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alec And Tamar Ellison Family Foundation:
Data Sources and Methodology
This transparency report for Alec And Tamar Ellison 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.