Allan And Denise Edelson Family Foundation
Allan And Denise Edelson Family Foundation consistently spends more than it earns, maintaining stable assets with no executive compensation.
EIN: 200456756 · Denver, CO · NTEE: T22 · Updated: 2026-03-28
Is Allan And Denise Edelson Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Allan And Denise Edelson Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Allan And Denise Edelson Family Foundation
Allan And Denise Edelson Family Foundation (EIN: 200456756) is a nonprofit organization based in Denver, CO, classified under NTEE code T22. The organization reported total revenue of $1.3M and total assets of $779K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allan And Denise Edelson Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Allan And Denise Edelson Family Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 41.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $145K |
| Surplus / Deficit | $-8,716 |
| Total Assets | $640K |
| Total Liabilities | $1 |
| Net Assets | $640K |
| Operating Margin | -6.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 53.0 months |
Financial Health Grade: B
In 2023, Allan And Denise Edelson Family Foundation reported a deficit of $9K with expenses exceeding revenue, holds 53.0 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), Allan And Denise Edelson Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 41.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.6% | -1.5% | -1.2% |
| 2022 | +7.0% | -3.5% | -2.1% |
| 2021 | -15.5% | +50.4% | -6.1% |
| 2020 | +0.0% | +0.0% | +0.0% |
| 2019 | +1592.4% | +99.7% | +12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Allan And Denise Edelson Family Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Allan And Denise Edelson 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Allan And Denise Edelson Family Foundation reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly unusual for an organization of its asset size ($778,800 latest assets).
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 Allan And Denise Edelson Family Foundation's IRS 990 filings:
- Consistent spending exceeding revenue in recent years (e.g., $144,973 expenses vs. $136,257 revenue in 2023), which could deplete assets over the long term if not managed.
Strengths
The following positive indicators were identified for Allan And Denise Edelson Family Foundation:
- Zero executive compensation reported across all filings, indicating high efficiency in leadership costs.
- Minimal liabilities ($1 in recent years), suggesting strong financial health and no significant debt.
- Consistent IRS 990 filing history, demonstrating good transparency and compliance.
- Stable asset base despite periods of expenses exceeding revenue, indicating prudent financial management.
Frequently Asked Questions about Allan And Denise Edelson Family Foundation
Is Allan And Denise Edelson Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Allan And Denise Edelson Family Foundation (EIN: 200456756) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Allan And Denise Edelson Family Foundation spend its money?
Allan And Denise Edelson Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Allan And Denise Edelson Family Foundation tax-deductible?
Allan And Denise Edelson Family Foundation is registered as a tax-exempt nonprofit (EIN: 200456756). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Allan And Denise Edelson Family Foundation a good charity?
Based on the available data, the foundation appears to be a well-managed private foundation with a strong focus on its mission, evidenced by its lack of executive compensation and stable asset base. Its consistent financial reporting and minimal liabilities are positive indicators.
How does the foundation cover its expenses when revenue is lower?
In recent years (2021-2023), the foundation's expenses have exceeded its revenue. This gap is likely covered by drawing from its existing asset base or prior year surpluses, as its assets have remained relatively stable despite these deficits.
What is the primary purpose of this foundation?
As a private foundation with NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations), its primary purpose is typically to make grants to other organizations or individuals to support charitable activities.
Filing History
IRS 990 filing history for Allan And Denise Edelson Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Allan And Denise Edelson Family Foundation's revenue has grown by 6562.9%, moving from $2K to $136K. Total assets increased by 208.9% over the same period, from $207K to $640K. Total functional expenses rose by 178.5%, from $52K to $145K. In its most recent filing year (2023), Allan And Denise Edelson Family Foundation reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1 in liabilities against $640K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $640K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $136K | $145K | $640K | $1 | — | View 990 |
| 2022 | $133K | $147K | $648K | $1 | — | View 990 |
| 2021 | $124K | $153K | $662K | $1 | — | View 990 |
| 2020 | $147K | $101K | $705K | $0 | — | — |
| 2019 | $147K | $101K | $705K | $0 | — | View 990 |
| 2015 | $9K | $51K | $625K | $0 | — | View 990 |
| 2014 | $23K | $39K | $666K | $0 | — | View 990 |
| 2013 | $537K | $47K | $682K | $0 | — | View 990 |
| 2012 | $7K | $22K | $192K | $0 | — | View 990 |
| 2011 | $2K | $52K | $207K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $136K, expenses of $145K, and assets of $640K (revenue +2.6% year-over-year).
- 2022: Revenue of $133K, expenses of $147K, and assets of $648K (revenue +7.0% year-over-year).
- 2021: Revenue of $124K, expenses of $153K, and assets of $662K (revenue -15.5% year-over-year).
- 2020: Revenue of $147K, expenses of $101K, and assets of $705K (revenue +0.0% year-over-year).
- 2019: Revenue of $147K, expenses of $101K, and assets of $705K (revenue +1592.4% year-over-year).
- 2015: Revenue of $9K, expenses of $51K, and assets of $625K (revenue -62.6% year-over-year).
- 2014: Revenue of $23K, expenses of $39K, and assets of $666K (revenue -95.7% year-over-year).
- 2013: Revenue of $537K, expenses of $47K, and assets of $682K (revenue +7495.7% year-over-year).
- 2012: Revenue of $7K, expenses of $22K, and assets of $192K (revenue +245.7% year-over-year).
- 2011: Revenue of $2K, expenses of $52K, and assets of $207K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Allan And Denise Edelson Family Foundation:
Data Sources and Methodology
This transparency report for Allan And Denise Edelson 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.