Alexander Charitable Foundation Tr
Alexander Charitable Foundation maintains substantial assets with no officer compensation, despite fluctuating revenues.
EIN: 137263003 · New Haven, CT · NTEE: T20 · Updated: 2026-03-28
Is Alexander Charitable Foundation Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alexander Charitable Foundation Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alexander Charitable Foundation Tr
Alexander Charitable Foundation Tr (EIN: 137263003) is a nonprofit organization based in New Haven, CT, classified under NTEE code T20. The organization reported total revenue of $301K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alexander Charitable Foundation Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alexander Charitable Foundation Tr 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 4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $197K |
| Surplus / Deficit | $-112,868 |
| Total Assets | $2.5M |
| Total Liabilities | $1 |
| Net Assets | $2.5M |
| Operating Margin | -134.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 149.7 months |
Financial Health Grade: B
In 2023, Alexander Charitable Foundation Tr reported a deficit of $113K with expenses exceeding revenue, holds 149.7 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), Alexander Charitable Foundation Tr's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +231.4% | +38.3% | -4.4% |
| 2022 | -96.0% | -4.0% | -4.4% |
| 2021 | +731.4% | +7.4% | +22.1% |
| 2020 | -71.6% | -7.9% | -2.7% |
| 2019 | +263.6% | +74.7% | +16.1% |
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 Alexander Charitable Foundation Tr 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, Alexander Charitable Foundation Tr 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 $113K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for a foundation of this 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 Alexander Charitable Foundation Tr's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $634,380 in 2021 vs. $25,350 in 2022).
Strengths
The following positive indicators were identified for Alexander Charitable Foundation Tr:
- Consistently strong asset base ($2,467,340 latest) providing financial stability.
- Zero officer compensation reported across all filings, indicating high efficiency and direct mission focus.
- Negligible liabilities, demonstrating strong financial health and low debt.
- Long history of consistent IRS 990 filings (10 filings), indicating good transparency and accountability.
- Stable expense levels despite revenue fluctuations, suggesting prudent financial management.
Frequently Asked Questions about Alexander Charitable Foundation Tr
Is Alexander Charitable Foundation Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Alexander Charitable Foundation Tr (EIN: 137263003) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Alexander Charitable Foundation Tr spend its money?
Alexander Charitable Foundation Tr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alexander Charitable Foundation Tr tax-deductible?
Alexander Charitable Foundation Tr is registered as a tax-exempt nonprofit (EIN: 137263003). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary purpose of the Alexander Charitable Foundation Tr?
As a private foundation (NTEE Code T20), its primary purpose is typically to make grants to other organizations or individuals for charitable, educational, religious, or other purposes.
How does the foundation manage its expenses given its fluctuating revenue?
The foundation appears to manage its expenses primarily from its substantial asset base, which generates investment income. Its expenses are relatively stable, suggesting a reliance on its endowment rather than solely on annual contributions.
Is the $1 liability reported consistently across years a concern?
While unusual, a consistent $1 liability is likely a placeholder or a minor accounting entry rather than an actual significant debt. Given the large asset base, it does not indicate financial distress.
Filing History
IRS 990 filing history for Alexander Charitable Foundation Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alexander Charitable Foundation Tr's revenue has grown by 65.2%, moving from $51K to $84K. Total assets increased by 3.9% over the same period, from $2.4M to $2.5M. Total functional expenses rose by 52.2%, from $129K to $197K. In its most recent filing year (2023), Alexander Charitable Foundation Tr reported a deficit of $113K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $197K | $2.5M | $1 | — | — |
| 2022 | $25K | $142K | $2.6M | $1 | — | View 990 |
| 2021 | $634K | $148K | $2.7M | $1 | — | — |
| 2020 | $76K | $138K | $2.2M | $1 | — | View 990 |
| 2019 | $269K | $150K | $2.3M | $0 | — | View 990 |
| 2015 | $74K | $86K | $1.9M | $56K | — | View 990 |
| 2014 | $-55,725 | $107K | $1.9M | $1 | — | View 990 |
| 2013 | $10K | $181K | $2.1M | $1 | — | View 990 |
| 2012 | $57K | $183K | $2.2M | $1 | — | View 990 |
| 2011 | $51K | $129K | $2.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $197K, and assets of $2.5M (revenue +231.4% year-over-year).
- 2022: Revenue of $25K, expenses of $142K, and assets of $2.6M (revenue -96.0% year-over-year).
- 2021: Revenue of $634K, expenses of $148K, and assets of $2.7M (revenue +731.4% year-over-year).
- 2020: Revenue of $76K, expenses of $138K, and assets of $2.2M (revenue -71.6% year-over-year).
- 2019: Revenue of $269K, expenses of $150K, and assets of $2.3M (revenue +263.6% year-over-year).
- 2015: Revenue of $74K, expenses of $86K, and assets of $1.9M.
- 2014: Revenue of $-55,725, expenses of $107K, and assets of $1.9M (revenue -638.6% year-over-year).
- 2013: Revenue of $10K, expenses of $181K, and assets of $2.1M (revenue -81.9% year-over-year).
- 2012: Revenue of $57K, expenses of $183K, and assets of $2.2M (revenue +12.4% year-over-year).
- 2011: Revenue of $51K, expenses of $129K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alexander Charitable Foundation Tr:
Data Sources and Methodology
This transparency report for Alexander Charitable Foundation Tr 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.