Alys Foundation Inc
Alys Foundation Inc. shows strong financial growth and no reported executive compensation over the past decade.
EIN: 201771428 · Alys Beach, FL · NTEE: T31 · Updated: 2026-03-28
Is Alys Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alys Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alys Foundation Inc
Alys Foundation Inc (EIN: 201771428) is a nonprofit organization based in Alys Beach, FL, classified under NTEE code T31. The organization reported total revenue of $2.5M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alys Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alys Foundation Inc 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 26.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$220K |
| Total Assets | $7.0M |
| Total Liabilities | $101K |
| Net Assets | $6.9M |
| Operating Margin | 9.3% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 39.4 months |
Financial Health Grade: A
In 2023, Alys Foundation Inc reported a surplus of $220K with revenue exceeding expenses, holds 39.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Alys Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.7% | +12.0% | +4.1% |
| 2022 | +25.6% | +47.0% | +49.8% |
| 2021 | +46.7% | +39.5% | +86.6% |
| 2020 | +92.9% | -21.0% | +123.8% |
| 2019 | +78.3% | +53.5% | +73.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Alys Foundation Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Alys Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $220K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
The Alys Foundation Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive sign, suggesting that leadership is either volunteer-based or compensated through other means not classified as officer compensation, and that funds are directly allocated to the organization's mission.
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.
Strengths
The following positive indicators were identified for Alys Foundation Inc:
- Consistent revenue growth over the past decade, from $142,598 in 2011 to $2,368,802 in 2023.
- Significant asset accumulation, growing from $467,084 in 2011 to $7,048,018 in 2023.
- Zero reported officer compensation across all filings, indicating high transparency and mission-focused spending.
- Expenses generally well below revenue, leading to consistent surpluses and financial stability.
- Strong financial position to support its NTEE T31 (Performing Arts, Theatrical) mission.
Frequently Asked Questions about Alys Foundation Inc
Is Alys Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Alys Foundation Inc (EIN: 201771428) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Alys Foundation Inc spend its money?
Alys Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Alys Foundation Inc tax-deductible?
Alys Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201771428). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Alys Foundation Inc. financially stable?
Yes, the Alys Foundation Inc. appears financially stable, demonstrating consistent revenue growth from $142,598 in 2011 to $2,368,802 in 2023, and a substantial increase in assets from $467,084 to $7,048,018 over the same period. Expenses are generally well-managed relative to revenue, leading to consistent surpluses and asset accumulation.
Does Alys Foundation Inc. pay its executives?
Based on the provided IRS 990 data, Alys Foundation Inc. consistently reports 0% officer compensation, indicating that no salaries are paid to its officers.
How has Alys Foundation Inc.'s revenue changed over time?
Alys Foundation Inc. has experienced significant revenue growth, increasing from $142,598 in 2011 to $2,368,802 in 2023, with a peak of $4,210,283 in 2022.
What is the trend in Alys Foundation Inc.'s assets?
The organization's assets have shown a strong upward trend, growing from $467,084 in 2011 to $7,048,018 in 2023, indicating robust financial health and accumulation of resources.
Filing History
IRS 990 filing history for Alys Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alys Foundation Inc's revenue has grown by 1561.2%, moving from $143K to $2.4M. Total assets increased by 1408.9% over the same period, from $467K to $7.0M. Total functional expenses rose by 1369.5%, from $146K to $2.1M. In its most recent filing year (2023), Alys Foundation Inc reported a surplus of $220K, with revenue exceeding expenses. The organization holds $101K in liabilities against $7.0M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $6.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.1M | $7.0M | $101K | — | — |
| 2022 | $4.2M | $1.9M | $6.8M | $46K | — | View 990 |
| 2021 | $3.4M | $1.3M | $4.5M | $86K | — | View 990 |
| 2020 | $2.3M | $936K | $2.4M | $34K | — | View 990 |
| 2019 | $1.2M | $1.2M | $1.1M | $44K | — | View 990 |
| 2015 | $664K | $772K | $623K | $4K | — | View 990 |
| 2014 | $795K | $747K | $726K | $1 | — | View 990 |
| 2013 | $297K | $151K | $679K | $2 | — | View 990 |
| 2012 | $178K | $94K | $551K | $2 | — | View 990 |
| 2011 | $143K | $146K | $467K | $2 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.1M, and assets of $7.0M (revenue -43.7% year-over-year).
- 2022: Revenue of $4.2M, expenses of $1.9M, and assets of $6.8M (revenue +25.6% year-over-year).
- 2021: Revenue of $3.4M, expenses of $1.3M, and assets of $4.5M (revenue +46.7% year-over-year).
- 2020: Revenue of $2.3M, expenses of $936K, and assets of $2.4M (revenue +92.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue +78.3% year-over-year).
- 2015: Revenue of $664K, expenses of $772K, and assets of $623K (revenue -16.4% year-over-year).
- 2014: Revenue of $795K, expenses of $747K, and assets of $726K (revenue +167.6% year-over-year).
- 2013: Revenue of $297K, expenses of $151K, and assets of $679K (revenue +66.9% year-over-year).
- 2012: Revenue of $178K, expenses of $94K, and assets of $551K (revenue +24.8% year-over-year).
- 2011: Revenue of $143K, expenses of $146K, and assets of $467K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alys Foundation Inc:
Data Sources and Methodology
This transparency report for Alys 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.