Altrusa International Foundation Inc
Altrusa International Foundation Inc. consistently operates with volunteer leadership and modest finances, showing $0 revenue and assets in its latest filing.
EIN: 10509375 · Portland, ME · NTEE: B92J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $26K |
| Program Spending | 80% |
| Net Assets | $20K |
| Transparency Score | 85/100 |
Is Altrusa International Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Altrusa International Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Altrusa International Foundation Inc
Altrusa International Foundation Inc (EIN: 10509375) is a nonprofit organization based in Portland, ME, classified under NTEE code B92J. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Altrusa International Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Altrusa International Foundation Inc is a micro nonprofit that has been operating for 41 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $29K |
| Total Expenses | $26K |
| Surplus / Deficit | +$4K |
| Total Assets | $20K |
| Net Assets | $20K |
| Operating Margin | 13.0% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2017, Altrusa International Foundation Inc reported a surplus of $4K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2017), Altrusa International Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +20.8% | +26.4% | +23.2% |
| 2016 | -7.4% | -7.8% | +33.3% |
| 2015 | -47.6% | -57.4% | +54.2% |
| 2014 | +154.6% | +163.4% | -14.9% |
| 2013 | +11.5% | -9.6% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Altrusa International 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Altrusa International Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size.
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 Altrusa International Foundation Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or significant change in operations.
- Lack of detailed expense breakdown in summary data makes it difficult to precisely evaluate program spending ratio.
Strengths
The following positive indicators were identified for Altrusa International Foundation Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds at the top.
- Maintained positive net assets in all active reporting periods, demonstrating financial stability.
- No reported liabilities across all filings, suggesting responsible financial management.
- Consistent IRS 990 filing history, indicating good transparency.
Frequently Asked Questions about Altrusa International Foundation Inc
Is Altrusa International Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Altrusa International Foundation Inc (EIN: 10509375) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Altrusa International Foundation Inc spend its money?
Altrusa International Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Altrusa International Foundation Inc tax-deductible?
Altrusa International Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10509375). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Altrusa International Foundation Inc's spending goes to programs?
Altrusa International Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Altrusa International Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Altrusa International Foundation Inc is above average for NTEE category B92J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Altrusa International Foundation Inc located?
Altrusa International Foundation Inc is headquartered in Portland, Maine and files with the IRS under EIN 10509375. It is classified under NTEE code B92J.
How many years of IRS 990 filings does Altrusa International Foundation Inc have?
Altrusa International Foundation Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Altrusa International Foundation Inc. a good charity?
Based on the available data, Altrusa International Foundation Inc. appears to be a well-managed, volunteer-led organization with a history of positive net assets. The consistent $0 officer compensation is a strong positive indicator of dedication and efficient use of funds. However, the latest filing showing $0 revenue and assets raises questions about its current operational status.
Why does the latest filing show $0 revenue and assets?
The latest filing (EIN: 10509375, Latest Revenue: $0, Assets: $0) showing zero revenue and assets could indicate a period of inactivity, a change in reporting, or a temporary cessation of operations. Further investigation into the specific 990 form for that period would be necessary to understand the reason.
How does the organization fund its operations?
Historically, the organization has funded its operations through various revenue streams, with annual revenues ranging from $17,624 to $50,031 in previous periods. The consistent positive net assets suggest a reliance on donations and potentially investment income, though specific sources are not detailed in the provided summary.
Filing History
IRS 990 filing history for Altrusa International Foundation Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Altrusa International Foundation Inc's revenue has declined by 39.6%, moving from $49K to $29K. Total assets increased by 52.7% over the same period, from $13K to $20K. Total functional expenses fell by 55.1%, from $57K to $26K. In its most recent filing year (2017), Altrusa International Foundation Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $29K | $26K | $20K | $0 | — | View 990 |
| 2016 | $24K | $20K | $16K | $0 | — | View 990 |
| 2015 | $26K | $22K | $12K | $0 | — | View 990 |
| 2014 | $50K | $51K | $8K | $0 | — | View 990 |
| 2013 | $20K | $20K | $9K | $0 | — | View 990 |
| 2012 | $18K | $22K | $9K | $0 | — | View 990 |
| 2011 | $49K | $57K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $29K, expenses of $26K, and assets of $20K (revenue +20.8% year-over-year).
- 2016: Revenue of $24K, expenses of $20K, and assets of $16K (revenue -7.4% year-over-year).
- 2015: Revenue of $26K, expenses of $22K, and assets of $12K (revenue -47.6% year-over-year).
- 2014: Revenue of $50K, expenses of $51K, and assets of $8K (revenue +154.6% year-over-year).
- 2013: Revenue of $20K, expenses of $20K, and assets of $9K (revenue +11.5% year-over-year).
- 2012: Revenue of $18K, expenses of $22K, and assets of $9K (revenue -63.7% year-over-year).
- 2011: Revenue of $49K, expenses of $57K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Altrusa International Foundation Inc:
Data Sources and Methodology
This transparency report for Altrusa International 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.