Almira Family Foundation
Almira Family Foundation consistently grows assets with minimal liabilities and no reported officer compensation.
EIN: 205116468 · Fort Myers, FL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.9M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $16 |
| Net Assets | $17.0M |
| Transparency Score | 90/100 |
Is Almira Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Almira Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Almira Family Foundation
Almira Family Foundation (EIN: 205116468) is a nonprofit organization based in Fort Myers, FL, classified under NTEE code T20. The organization reported total revenue of $7.9M and total assets of $16.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Almira Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Almira Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$2.0M |
| Total Assets | $17.0M |
| Total Liabilities | $1 |
| Net Assets | $17.0M |
| Operating Margin | 63.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 183.0 months |
Financial Health Grade: A
In 2023, Almira Family Foundation reported a surplus of $2.0M with revenue exceeding expenses, holds 183.0 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), Almira Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +56.6% | +1.7% | +12.9% |
| 2022 | +30.5% | +1.4% | +6.1% |
| 2021 | -43.0% | +9.5% | +3.2% |
| 2020 | +5.9% | +2.6% | +3.8% |
| 2019 | -18.3% | +71.3% | +36.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Almira Family Foundation with a Mission Score of 90 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, Almira Family Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Almira Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly unusual for an organization with assets exceeding $16 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 Almira Family Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data, making it difficult to assess direct mission impact efficiency.
Strengths
The following positive indicators were identified for Almira Family Foundation:
- Consistent and significant asset growth, from $3.5M in 2011 to $16.9M in 2023.
- Extremely low liabilities, consistently reported as $1 across all filings.
- 0% officer compensation reported across all filings, indicating high efficiency or volunteer leadership.
- Expenses consistently well below revenue, allowing for asset accumulation and long-term stability.
- Strong financial stability and management indicated by consistent growth and minimal debt.
Frequently Asked Questions about Almira Family Foundation
Is Almira Family Foundation a legitimate charity?
Almira Family Foundation (EIN: 205116468) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $7.9M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Almira Family Foundation spend its money?
Almira Family Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Almira Family Foundation tax-deductible?
Almira Family Foundation is registered as a tax-exempt nonprofit (EIN: 205116468). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Almira Family Foundation CEO make?
Almira Family Foundation's highest-compensated officer earns $16 annually. The organization reported $7.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Almira Family Foundation's spending goes to programs?
Almira Family Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Almira Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Almira Family 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 Almira Family Foundation located?
Almira Family Foundation is headquartered in Fort Myers, Florida and files with the IRS under EIN 205116468. It is classified under NTEE code T20.
How many years of IRS 990 filings does Almira Family Foundation have?
Almira 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 $7.9M in total revenue.
Is Almira Family Foundation a good charity?
Based on the provided financial data, the Almira Family Foundation appears to be a very financially sound organization with consistently growing assets, minimal liabilities, and no reported officer compensation, which are strong indicators of good financial management and potential for mission impact.
How does Almira Family Foundation manage its executive compensation?
The foundation reports 0% officer compensation in all available IRS 990 filings, suggesting that its executive leadership is either unpaid or compensated through mechanisms not classified as officer compensation, which is a highly positive indicator for donor trust.
What is the trend in Almira Family Foundation's assets?
The Almira Family Foundation has shown consistent and significant asset growth, increasing from $3,547,524 in 2011 to $16,982,326 in 2023, demonstrating strong financial stewardship and investment.
Filing History
IRS 990 filing history for Almira Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Almira Family Foundation's revenue has grown by 375.8%, moving from $646K to $3.1M. Total assets increased by 378.7% over the same period, from $3.5M to $17.0M. Total functional expenses rose by 887.6%, from $113K to $1.1M. In its most recent filing year (2023), Almira Family Foundation reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $17.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $1.1M | $17.0M | $1 | — | — |
| 2022 | $2.0M | $1.1M | $15.0M | $1 | — | View 990 |
| 2021 | $1.5M | $1.1M | $14.2M | $1 | — | View 990 |
| 2020 | $2.6M | $987K | $13.7M | $1 | — | — |
| 2019 | $2.5M | $962K | $13.2M | $1 | — | View 990 |
| 2015 | $3.0M | $562K | $9.7M | $1 | — | View 990 |
| 2014 | $1.5M | $442K | $7.2M | $1 | — | View 990 |
| 2013 | $975K | $385K | $6.1M | $1 | — | View 990 |
| 2012 | $2.1M | $184K | $5.5M | $1 | — | View 990 |
| 2011 | $646K | $113K | $3.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $1.1M, and assets of $17.0M (revenue +56.6% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.1M, and assets of $15.0M (revenue +30.5% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.1M, and assets of $14.2M (revenue -43.0% year-over-year).
- 2020: Revenue of $2.6M, expenses of $987K, and assets of $13.7M (revenue +5.9% year-over-year).
- 2019: Revenue of $2.5M, expenses of $962K, and assets of $13.2M (revenue -18.3% year-over-year).
- 2015: Revenue of $3.0M, expenses of $562K, and assets of $9.7M (revenue +101.2% year-over-year).
- 2014: Revenue of $1.5M, expenses of $442K, and assets of $7.2M (revenue +55.4% year-over-year).
- 2013: Revenue of $975K, expenses of $385K, and assets of $6.1M (revenue -54.5% year-over-year).
- 2012: Revenue of $2.1M, expenses of $184K, and assets of $5.5M (revenue +231.5% year-over-year).
- 2011: Revenue of $646K, expenses of $113K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Almira Family Foundation:
Data Sources and Methodology
This transparency report for Almira 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.