Alexander Foundation Inc
Alexander Foundation Inc. maintains substantial assets despite volatile revenue, consistently reporting zero officer compensation.
EIN: 203985244 · New York, NY · NTEE: C12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $1.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $66 |
| Net Assets | $69.3M |
| Transparency Score | 85/100 |
Is Alexander Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alexander Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alexander Foundation Inc
Alexander Foundation Inc (EIN: 203985244) is a nonprofit organization based in New York, NY, classified under NTEE code C12. The organization reported total revenue of $6.7M and total assets of $66.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alexander Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alexander Foundation Inc is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $69.3M |
| Total Liabilities | $1 |
| Net Assets | $69.3M |
| Operating Margin | 59.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 458.9 months |
Financial Health Grade: A
In 2023, Alexander Foundation Inc reported a surplus of $2.7M with revenue exceeding expenses, holds 458.9 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 Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -156.3% | +156.0% | -17.1% |
| 2021 | -10.3% | +38.6% | +2.4% |
| 2020 | +1.2% | -4.8% | +4.7% |
| 2019 | -64.2% | -43.4% | +5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Foundation Inc 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: 80%
- fundraising: 5%
According to IRS 990 filings, Alexander Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Alexander Foundation Inc. consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either uncompensated or compensated through mechanisms not classified as officer compensation on the 990, which is unusual for an organization of its size with assets exceeding $66 million.
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 Foundation Inc's IRS 990 filings:
- Significant revenue volatility, including a negative revenue of $-3,259,216 in 2022, which could indicate reliance on unpredictable investment income.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes a precise efficiency assessment difficult.
- Consistent reporting of $1 in liabilities across multiple years is unusual and might warrant further investigation into accounting practices.
Strengths
The following positive indicators were identified for Alexander Foundation Inc:
- Strong asset base, currently at $66,728,111, providing significant financial stability.
- Consistently low reported liabilities ($1 in most years), indicating minimal debt burden.
- Consistent reporting of 0% officer compensation, which can be viewed positively for overhead efficiency.
- Long history of IRS 990 filings (10 filings), indicating a commitment to transparency over time.
- Expenses generally well below revenue in profitable years, leading to asset growth.
Frequently Asked Questions about Alexander Foundation Inc
Is Alexander Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alexander Foundation Inc (EIN: 203985244) some concerns. Mission Score: 85/100. 3 red flags identified, 5 strengths noted.
How does Alexander Foundation Inc spend its money?
Alexander Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alexander Foundation Inc tax-deductible?
Alexander Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203985244). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Alexander Foundation Inc CEO make?
Alexander Foundation Inc's highest-compensated officer earns $66 annually. The organization reported $6.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Alexander Foundation Inc's spending goes to programs?
Alexander Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Alexander Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Alexander Foundation Inc is above average for NTEE category C12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alexander Foundation Inc located?
Alexander Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 203985244. It is classified under NTEE code C12.
How many years of IRS 990 filings does Alexander Foundation Inc have?
Alexander Foundation Inc 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 $6.7M in total revenue.
Is Alexander Foundation Inc. financially stable?
Yes, the organization appears financially stable, evidenced by its substantial assets of $66,728,111 and consistently low liabilities ($1 reported in most years). While revenue has been volatile, assets have grown significantly over the past decade.
How does Alexander Foundation Inc. manage executive compensation?
The Alexander Foundation Inc. consistently reports 0% officer compensation in all available IRS 990 filings, indicating that its officers are either uncompensated or compensated through other means not reported in this category.
What caused the negative revenue in 2022?
The negative revenue of $-3,259,216 in 2022, alongside expenses of $10,461,633, suggests a significant loss from investments or other non-operating activities, as the organization's NTEE code C12 (Philanthropy, Voluntarism, and Grantmaking Foundations) often indicates reliance on investment income.
Has the organization's asset base grown over time?
Yes, the organization's assets have grown substantially, from $15,958,162 in 2011 to $66,728,111 currently, demonstrating long-term financial growth despite revenue fluctuations.
Filing History
IRS 990 filing history for Alexander Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alexander Foundation Inc's revenue has grown by 1684.4%, moving from $253K to $4.5M. Total assets increased by 334.4% over the same period, from $16.0M to $69.3M. Total functional expenses rose by 98%, from $915K to $1.8M. In its most recent filing year (2023), Alexander Foundation Inc reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $1 in liabilities against $69.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $69.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $1.8M | $69.3M | $1 | — | View 990 |
| 2022 | $-3,259,216 | $10.5M | $66.6M | $1 | — | View 990 |
| 2021 | $5.8M | $4.1M | $80.4M | $1 | — | View 990 |
| 2020 | $6.5M | $2.9M | $78.4M | $1 | — | View 990 |
| 2019 | $6.4M | $3.1M | $74.9M | $1 | — | View 990 |
| 2015 | $17.8M | $5.5M | $71.2M | $1 | — | View 990 |
| 2014 | $36.1M | $3.5M | $58.8M | $1 | — | View 990 |
| 2013 | $3.5M | $1.6M | $26.3M | $0 | — | View 990 |
| 2012 | $9.4M | $1.1M | $24.3M | $1 | — | View 990 |
| 2011 | $253K | $915K | $16.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $1.8M, and assets of $69.3M.
- 2022: Revenue of $-3,259,216, expenses of $10.5M, and assets of $66.6M (revenue -156.3% year-over-year).
- 2021: Revenue of $5.8M, expenses of $4.1M, and assets of $80.4M (revenue -10.3% year-over-year).
- 2020: Revenue of $6.5M, expenses of $2.9M, and assets of $78.4M (revenue +1.2% year-over-year).
- 2019: Revenue of $6.4M, expenses of $3.1M, and assets of $74.9M (revenue -64.2% year-over-year).
- 2015: Revenue of $17.8M, expenses of $5.5M, and assets of $71.2M (revenue -50.6% year-over-year).
- 2014: Revenue of $36.1M, expenses of $3.5M, and assets of $58.8M (revenue +920.1% year-over-year).
- 2013: Revenue of $3.5M, expenses of $1.6M, and assets of $26.3M (revenue -62.4% year-over-year).
- 2012: Revenue of $9.4M, expenses of $1.1M, and assets of $24.3M (revenue +3614.8% year-over-year).
- 2011: Revenue of $253K, expenses of $915K, and assets of $16.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alexander Foundation Inc:
Data Sources and Methodology
This transparency report for Alexander Foundation Inc 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.