Alexis Bierman Hafken Family Foundation
EIN: 61484432 · Providence, RI · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $564 |
| Total Expenses | $22K |
| Net Assets | $251K |
Is Alexis Bierman Hafken Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alexis Bierman Hafken Family Foundation
Alexis Bierman Hafken Family Foundation (EIN: 61484432) is a nonprofit organization based in Providence, RI, classified under NTEE code T20Z. The organization reported total revenue of $564 and total assets of $186K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alexis Bierman Hafken Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alexis Bierman Hafken Family Foundation is a micro nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $22K |
| Surplus / Deficit | $-19,766 |
| Total Assets | $251K |
| Total Liabilities | $1 |
| Net Assets | $251K |
| Operating Margin | -780.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 135.3 months |
Financial Health Grade: B
In 2023, Alexis Bierman Hafken Family Foundation reported a deficit of $20K with expenses exceeding revenue, holds 135.3 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), Alexis Bierman Hafken Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +114.2% | -26.3% | -3.5% |
| 2022 | +3979.3% | +1144.6% | -10.0% |
| 2021 | -63.7% | -88.5% | -0.8% |
| 2020 | -93.9% | +765.8% | -6.1% |
| 2019 | +3538.9% | -8.3% | -14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alexis Bierman Hafken Family Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alexis Bierman Hafken Family Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Alexis Bierman Hafken Family Foundation
Is Alexis Bierman Hafken Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Alexis Bierman Hafken Family Foundation (EIN: 61484432) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alexis Bierman Hafken Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Alexis Bierman Hafken Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Alexis Bierman Hafken Family Foundation tax-deductible?
Alexis Bierman Hafken Family Foundation is registered as a tax-exempt nonprofit (EIN: 61484432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alexis Bierman Hafken Family Foundation located?
Alexis Bierman Hafken Family Foundation is headquartered in Providence, Rhode Island and files with the IRS under EIN 61484432. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Alexis Bierman Hafken Family Foundation have?
Alexis Bierman Hafken 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 $564 in total revenue.
Filing History
IRS 990 filing history for Alexis Bierman Hafken Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alexis Bierman Hafken Family Foundation's revenue has grown by 572.1%, moving from $377 to $3K. Total assets decreased by 47.9% over the same period, from $483K to $251K. Total functional expenses fell by 20.4%, from $28K to $22K. In its most recent filing year (2023), Alexis Bierman Hafken Family Foundation reported a deficit of $20K, with expenses exceeding revenue. The organization holds $1 in liabilities against $251K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $251K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3K | $22K | $251K | $1 | — | — |
| 2022 | $1K | $30K | $261K | $1 | — | View 990 |
| 2021 | $29 | $2K | $290K | $1 | — | — |
| 2020 | $80 | $21K | $292K | $1 | — | — |
| 2019 | $1K | $2K | $311K | $1 | — | View 990 |
| 2015 | $36 | $3K | $362K | $1 | — | View 990 |
| 2014 | $36 | $2K | $364K | $1 | — | View 990 |
| 2013 | $93 | $5K | $367K | $0 | — | View 990 |
| 2012 | $176 | $111K | $372K | $0 | — | View 990 |
| 2011 | $377 | $28K | $483K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3K, expenses of $22K, and assets of $251K (revenue +114.2% year-over-year).
- 2022: Revenue of $1K, expenses of $30K, and assets of $261K (revenue +3979.3% year-over-year).
- 2021: Revenue of $29, expenses of $2K, and assets of $290K (revenue -63.7% year-over-year).
- 2020: Revenue of $80, expenses of $21K, and assets of $292K (revenue -93.9% year-over-year).
- 2019: Revenue of $1K, expenses of $2K, and assets of $311K (revenue +3538.9% year-over-year).
- 2015: Revenue of $36, expenses of $3K, and assets of $362K (revenue +0.0% year-over-year).
- 2014: Revenue of $36, expenses of $2K, and assets of $364K (revenue -61.3% year-over-year).
- 2013: Revenue of $93, expenses of $5K, and assets of $367K (revenue -47.2% year-over-year).
- 2012: Revenue of $176, expenses of $111K, and assets of $372K (revenue -53.3% year-over-year).
- 2011: Revenue of $377, expenses of $28K, and assets of $483K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alexis Bierman Hafken Family Foundation:
Data Sources and Methodology
This transparency report for Alexis Bierman Hafken 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.