Allen Family Charitable Foundation

Allen Family Charitable Foundation maintains strong asset base and zero executive compensation.

EIN: 205490143 · Oklahoma City, OK · NTEE: T20 · Updated: 2026-03-28

$3.2MRevenue
$20.9MAssets
95/100Mission Score (Excellent)
T20
Allen Family Charitable Foundation Financial Summary
MetricValue
Total Revenue$3.2M
Total Expenses$600K
Program Spending90%
CEO/Top Officer Pay$20
Net Assets$21.7M
Transparency Score95/100

Is Allen Family Charitable Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Allen Family Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Allen Family Charitable Foundation

Allen Family Charitable Foundation (EIN: 205490143) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code T20. The organization reported total revenue of $3.2M and total assets of $20.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allen Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
11Years of Filings
MixedRevenue Trajectory

Allen Family Charitable Foundation is a mid-size nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.4M
Total Expenses$600K
Surplus / Deficit+$842K
Total Assets$21.7M
Total Liabilities$1
Net Assets$21.7M
Operating Margin58.4%
Debt-to-Asset Ratio0.0%
Months of Reserves434.0 months

Financial Health Grade: A

In 2023, Allen Family Charitable Foundation reported a surplus of $842K with revenue exceeding expenses, holds 434.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 11 years of filings (2011–2023), Allen Family Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+643.9%+191.6%+19.2%
2022-83.3%-72.7%-15.6%
2020-105.4%+75.8%+1.7%
2019-3.4%-49.2%+27.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Allen Family Charitable Foundation demonstrates strong financial health with substantial assets and a consistent history of positive net assets. In the latest filing (202312), the organization reported assets of $21,706,153 against minimal liabilities of $1, indicating a very robust balance sheet. Revenue has fluctuated, with a notable $1,442,363 in 202312 and a peak of $3,333,761 in 201412, but expenses have generally been well-managed relative to income, suggesting efficient operations. The foundation consistently reports 0% officer compensation, which is a significant indicator of low administrative overhead and a strong commitment to directing funds towards its charitable purpose. The spending efficiency appears high, given the absence of officer compensation and the consistent growth in assets over time. While specific program spending percentages are not detailed in the provided data, the overall financial picture suggests that a large portion of expenses are likely directed towards grants or direct charitable activities, especially considering the foundation's nature. The consistent filing of IRS Form 990s over many years also points to a good level of transparency, providing public access to their financial activities. Overall, the Allen Family Charitable Foundation appears to be a financially sound and efficiently run organization. Its substantial asset base, minimal liabilities, and zero executive compensation contribute to a positive assessment of its financial health and operational integrity. The fluctuating but generally positive revenue trends, coupled with controlled expenses, further reinforce its stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Allen Family Charitable Foundation with a Mission Score of 95 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, Allen Family Charitable 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:

$1.4MTotal Revenue
$600KTotal Expenses
$21.7MTotal Assets
$1Total Liabilities
$21.7MNet Assets
  • The organization reported a surplus of $842K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly unusual for an organization with assets exceeding $20 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 Allen Family Charitable Foundation's IRS 990 filings:

  • Revenue volatility (e.g., negative revenue in 202012 of $-118,708)

Strengths

The following positive indicators were identified for Allen Family Charitable Foundation:

  • Consistently 0% officer compensation
  • Strong and growing asset base ($21,706,153 in 202312)
  • Minimal liabilities ($1 in recent filings)
  • Consistent IRS 990 filing history demonstrating transparency
  • Expenses generally well-managed relative to revenue

Frequently Asked Questions about Allen Family Charitable Foundation

Is Allen Family Charitable Foundation a legitimate charity?

Allen Family Charitable Foundation (EIN: 205490143) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 95/100. It has 11 years of IRS 990 filings on record. Total revenue: $3.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Allen Family Charitable Foundation spend its money?

Allen Family Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Allen Family Charitable Foundation tax-deductible?

Allen Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 205490143). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Allen Family Charitable Foundation CEO make?

Allen Family Charitable Foundation's highest-compensated officer earns $20 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Allen Family Charitable Foundation compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Allen Family Charitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Allen Family Charitable Foundation located?

Allen Family Charitable Foundation is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 205490143. It is classified under NTEE code T20.

How many years of IRS 990 filings does Allen Family Charitable Foundation have?

Allen Family Charitable Foundation has 11 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 $3.2M in total revenue.

Is the Allen Family Charitable Foundation a good charity?

Based on the provided financial data, the Allen Family Charitable Foundation appears to be a very good charity. It boasts a strong asset base ($21,706,153 in 202312), minimal liabilities, and consistently reports 0% officer compensation, suggesting a high dedication of resources to its mission.

How does the foundation manage its administrative costs?

The foundation manages administrative costs exceptionally well, as evidenced by the consistent reporting of 0% officer compensation across all filings. This indicates very low overhead related to executive salaries, allowing more funds to be directed to charitable activities.

What is the trend in the foundation's assets?

The foundation's assets have shown a strong upward trend over time, growing from $8,489,076 in 201206 to $21,706,153 in 202312, demonstrating robust financial growth and stability.

Filing History

IRS 990 filing history for Allen Family Charitable Foundation showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2023), Allen Family Charitable Foundation's revenue has declined by 82.8%, moving from $8.4M to $1.4M. Total assets increased by 134% over the same period, from $9.3M to $21.7M. Total functional expenses rose by 64.9%, from $364K to $600K. In its most recent filing year (2023), Allen Family Charitable Foundation reported a surplus of $842K, with revenue exceeding expenses. The organization holds $1 in liabilities against $21.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.4M $600K $21.7M $1
2022 $194K $206K $18.2M $1 View 990
2021 $1.2M $753K $21.6M $1 View 990
2020 $-118,708 $1.1M $17.9M $1 View 990
2019 $2.2M $643K $17.6M $1 View 990
2015 $2.3M $1.3M $13.8M $0 View 990
2014 $3.3M $1.0M $14.4M $0 View 990
2013 $497K $384K $12.8M $0 View 990
2013 $1.7M $931K $11.1M $0 View 990
2012 $941K $639K $8.5M $0 View 990
2011 $8.4M $364K $9.3M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.4M, expenses of $600K, and assets of $21.7M (revenue +643.9% year-over-year).
  • 2022: Revenue of $194K, expenses of $206K, and assets of $18.2M (revenue -83.3% year-over-year).
  • 2021: Revenue of $1.2M, expenses of $753K, and assets of $21.6M.
  • 2020: Revenue of $-118,708, expenses of $1.1M, and assets of $17.9M (revenue -105.4% year-over-year).
  • 2019: Revenue of $2.2M, expenses of $643K, and assets of $17.6M (revenue -3.4% year-over-year).
  • 2015: Revenue of $2.3M, expenses of $1.3M, and assets of $13.8M (revenue -31.8% year-over-year).
  • 2014: Revenue of $3.3M, expenses of $1.0M, and assets of $14.4M (revenue +570.4% year-over-year).
  • 2013: Revenue of $497K, expenses of $384K, and assets of $12.8M (revenue -71.0% year-over-year).
  • 2013: Revenue of $1.7M, expenses of $931K, and assets of $11.1M (revenue +82.2% year-over-year).
  • 2012: Revenue of $941K, expenses of $639K, and assets of $8.5M (revenue -88.8% year-over-year).
  • 2011: Revenue of $8.4M, expenses of $364K, and assets of $9.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Allen Family Charitable Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Allen Family Charitable 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.

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