Allison Foundation Inc
Allison Foundation Inc. shows recent financial growth and zero executive compensation, despite historical periods of deficit spending.
EIN: 134011223 · Garrison, NY · NTEE: T20 · Updated: 2026-03-28
About Allison Foundation Inc
Allison Foundation Inc (EIN: 134011223) is a nonprofit organization based in Garrison, NY, classified under NTEE code T20. The organization reported total revenue of $55.6M and total assets of $30.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Allison Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Allison 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Allison Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
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 commendable for an organization of its size and revenue.
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 Allison Foundation Inc's IRS 990 filings:
- Historical periods of expenses significantly exceeding revenue (e.g., 201405, 201505), which could indicate unsustainable spending patterns at those times.
Strengths
The following positive indicators were identified for Allison Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of funds to mission.
- Recent positive financial performance with revenue exceeding expenses (e.g., 202405 revenue of $846,863 vs. expenses of $372,607).
- Minimal liabilities reported across most filing periods, indicating strong financial management.
- Growing asset base, reaching $7,617,256 in 202405, suggesting increasing financial capacity.
Frequently Asked Questions about Allison Foundation Inc
Is Allison Foundation Inc. a good charity?
Based on the provided data, the Allison Foundation Inc. appears to be a good charity, particularly due to its consistent reporting of zero officer compensation and recent positive financial performance. However, a full assessment would require more detailed expense breakdowns.
What caused the periods of high expenses relative to revenue in earlier years?
The provided data does not specify the reasons for expenses exceeding revenue in periods like 201505 ($1,023,676 expenses vs. $506,428 revenue) or 201405 ($1,426,805 expenses vs. $342,634 revenue). This could be due to specific large projects, capital expenditures, or grant cycles.
How does the organization sustain operations with zero officer compensation?
The organization likely relies on volunteer leadership or has its operational management covered by other means, such as staff salaries not categorized as 'officer compensation' or through pro-bono services, allowing all officer compensation to be reported as zero.
Filing History
IRS 990 filing history for Allison Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2024), Allison Foundation Inc's revenue has grown by 312.7%, moving from $205K to $847K. Total assets increased by 7% over the same period, from $7.1M to $7.6M. Total functional expenses fell by 21.4%, from $474K to $373K. In its most recent filing year (2024), Allison Foundation Inc reported a surplus of $474K, with revenue exceeding expenses. The organization holds $1 in liabilities against $7.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $847K | $373K | $7.6M | $1 | — | — |
| 2022 | $553K | $376K | $7.1M | $0 | — | — |
| 2021 | $961K | $418K | $7.0M | $0 | — | — |
| 2020 | $716K | $705K | $6.6M | $0 | — | View 990 |
| 2015 | $506K | $1.0M | $4.7M | $0 | — | View 990 |
| 2014 | $343K | $1.4M | $5.2M | $1 | — | View 990 |
| 2013 | $369K | $1.2M | $6.3M | $1 | — | View 990 |
| 2012 | $205K | $474K | $7.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $847K, expenses of $373K, and assets of $7.6M (revenue +53.2% year-over-year).
- 2022: Revenue of $553K, expenses of $376K, and assets of $7.1M (revenue -42.5% year-over-year).
- 2021: Revenue of $961K, expenses of $418K, and assets of $7.0M (revenue +34.2% year-over-year).
- 2020: Revenue of $716K, expenses of $705K, and assets of $6.6M (revenue +41.4% year-over-year).
- 2015: Revenue of $506K, expenses of $1.0M, and assets of $4.7M (revenue +47.8% year-over-year).
- 2014: Revenue of $343K, expenses of $1.4M, and assets of $5.2M (revenue -7.3% year-over-year).
- 2013: Revenue of $369K, expenses of $1.2M, and assets of $6.3M (revenue +80.1% year-over-year).
- 2012: Revenue of $205K, expenses of $474K, and assets of $7.1M.
Data Sources and Methodology
This transparency report for Allison 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.