Alex Tanous Foundation For Scientific Research
Alex Tanous Foundation maintains stable assets and zero officer compensation amidst fluctuating revenue.
EIN: 10456596 · Portland, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $193K |
| Total Expenses | $31K |
| Program Spending | 85% |
| Net Assets | $494K |
| Transparency Score | 85/100 |
Is Alex Tanous Foundation For Scientific Research Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alex Tanous Foundation For Scientific Research directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alex Tanous Foundation For Scientific Research
Alex Tanous Foundation For Scientific Research (EIN: 10456596) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $193K and total assets of $549K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alex Tanous Foundation For Scientific Research's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alex Tanous Foundation For Scientific Research is a small nonprofit that has been operating for 33 years, with 7 years of IRS 990 filings on record (2012–2021). Revenue has grown at a compound annual rate of 19.9%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $31K |
| Surplus / Deficit | +$34K |
| Total Assets | $494K |
| Total Liabilities | $1 |
| Net Assets | $494K |
| Operating Margin | 52.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 191.2 months |
Financial Health Grade: A
In 2021, Alex Tanous Foundation For Scientific Research reported a surplus of $34K with revenue exceeding expenses, holds 191.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2012–2021), Alex Tanous Foundation For Scientific Research's revenue has grown at a compound annual growth rate (CAGR) of 19.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +128.8% | +39.0% | +7.2% |
| 2020 | +904.3% | -6.2% | +15.0% |
| 2016 | -93.6% | -19.4% | -4.9% |
| 2015 | +65.5% | +13.9% | +3.5% |
| 2014 | -19.6% | -6.2% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Alex Tanous Foundation For Scientific Research with a Mission Score of 85 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Alex Tanous Foundation For Scientific Research allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, 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 organization's leadership is entirely volunteer-based, which is highly efficient for an organization 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.
Strengths
The following positive indicators were identified for Alex Tanous Foundation For Scientific Research:
- Consistent zero officer compensation, indicating volunteer leadership and efficient use of funds.
- Stable and growing asset base, from $400,792 in 2012 to $548,982 currently.
- Low liabilities across all reported periods, indicating strong financial health.
- Lean operational expenses, generally staying below $31,000 in recent years.
Frequently Asked Questions about Alex Tanous Foundation For Scientific Research
Is Alex Tanous Foundation For Scientific Research a legitimate charity?
Alex Tanous Foundation For Scientific Research (EIN: 10456596) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 7 years of IRS 990 filings on record. Total revenue: $193K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Alex Tanous Foundation For Scientific Research spend its money?
Alex Tanous Foundation For Scientific Research directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Alex Tanous Foundation For Scientific Research tax-deductible?
Alex Tanous Foundation For Scientific Research is registered as a tax-exempt nonprofit (EIN: 10456596). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alex Tanous Foundation For Scientific Research located?
Alex Tanous Foundation For Scientific Research is headquartered in Portland, Maine and files with the IRS under EIN 10456596.
How many years of IRS 990 filings does Alex Tanous Foundation For Scientific Research have?
Alex Tanous Foundation For Scientific Research has 7 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 $193K in total revenue.
What is the primary source of the significant revenue increase in the latest period ($192,981)?
The provided data does not specify the source of the latest revenue increase, but it is a substantial jump from previous years (e.g., $64,535 in 2021).
What specific programs does the Alex Tanous Foundation For Scientific Research fund?
The provided IRS 990 data does not detail specific programs, only overall expenses. Further investigation into their website or full 990 forms would be needed.
How does the organization manage to operate with zero officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's leadership and executive functions are performed by volunteers, which is a significant cost-saving measure.
Filing History
IRS 990 filing history for Alex Tanous Foundation For Scientific Research showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2012–2021), Alex Tanous Foundation For Scientific Research's revenue has grown by 410.9%, moving from $13K to $65K. Total assets increased by 23.2% over the same period, from $401K to $494K. Total functional expenses rose by 32%, from $23K to $31K. In its most recent filing year (2021), Alex Tanous Foundation For Scientific Research reported a surplus of $34K, with revenue exceeding expenses. The organization holds $1 in liabilities against $494K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $494K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $65K | $31K | $494K | $1 | — | — |
| 2020 | $28K | $22K | $461K | $458 | — | — |
| 2016 | $3K | $24K | $400K | $165 | — | View 990 |
| 2015 | $44K | $29K | $421K | $60 | — | View 990 |
| 2014 | $26K | $26K | $407K | $100 | — | View 990 |
| 2013 | $33K | $28K | $406K | $36 | — | View 990 |
| 2012 | $13K | $23K | $401K | $35 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $65K, expenses of $31K, and assets of $494K (revenue +128.8% year-over-year).
- 2020: Revenue of $28K, expenses of $22K, and assets of $461K (revenue +904.3% year-over-year).
- 2016: Revenue of $3K, expenses of $24K, and assets of $400K (revenue -93.6% year-over-year).
- 2015: Revenue of $44K, expenses of $29K, and assets of $421K (revenue +65.5% year-over-year).
- 2014: Revenue of $26K, expenses of $26K, and assets of $407K (revenue -19.6% year-over-year).
- 2013: Revenue of $33K, expenses of $28K, and assets of $406K (revenue +160.6% year-over-year).
- 2012: Revenue of $13K, expenses of $23K, and assets of $401K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alex Tanous Foundation For Scientific Research:
Data Sources and Methodology
This transparency report for Alex Tanous Foundation For Scientific Research 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.