Am Foundation Inc
Am Foundation Inc operates with minimal assets and no executive compensation, consistently spending near its annual revenue.
EIN: 133388791 · Stowe, VT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $111K |
| Total Expenses | $108K |
| Program Spending | 85% |
| Net Assets | $8K |
| Transparency Score | 85/100 |
Is Am Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Am Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Am Foundation Inc
Am Foundation Inc (EIN: 133388791) is a nonprofit organization based in Stowe, VT. The organization reported total revenue of $111K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Am Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Am Foundation Inc is a small nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $108K |
| Surplus / Deficit | +$5K |
| Total Assets | $12K |
| Total Liabilities | $5K |
| Net Assets | $8K |
| Operating Margin | 4.8% |
| Debt-to-Asset Ratio | 37.4% |
| Months of Reserves | 1.4 months |
Financial Health Grade: A
In 2023, Am Foundation Inc reported a surplus of $5K with revenue exceeding expenses, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 37.4% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), Am Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.8% | +32.9% | +59.3% |
| 2022 | +4.9% | +14.2% | -42.9% |
| 2021 | +38.5% | +6.1% | +30.5% |
| 2020 | -37.1% | -8.2% | -43.0% |
| 2019 | +53.3% | +30.8% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Am 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, Am 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.4%.
Executive Compensation Analysis
Executive compensation has consistently been 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.
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 Am Foundation Inc's IRS 990 filings:
- Limited asset reserves relative to annual revenue
- Occasional operating deficits (e.g., 2022, 2020, 2015, 2014, 2013, 2012, 2011)
Strengths
The following positive indicators were identified for Am Foundation Inc:
- Consistent 0% officer compensation, indicating high financial integrity
- Revenue growth over the past decade
- Lean operational model, with expenses closely managed to revenue
Frequently Asked Questions about Am Foundation Inc
Is Am Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Am Foundation Inc (EIN: 133388791) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Am Foundation Inc spend its money?
Am Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Am Foundation Inc tax-deductible?
Am Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133388791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Am Foundation Inc's spending goes to programs?
Am Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Am Foundation Inc located?
Am Foundation Inc is headquartered in Stowe, Vermont and files with the IRS under EIN 133388791.
How many years of IRS 990 filings does Am Foundation Inc have?
Am Foundation Inc 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 $111K in total revenue.
Is Am Foundation Inc financially stable?
Am Foundation Inc operates with limited financial reserves, as indicated by its current assets of $10,615 against latest revenue of $110,844. While it generally manages expenses close to revenue, occasional deficits (e.g., 2022 expenses of $80,998 exceeding revenue of $77,000) suggest a reliance on consistent annual funding rather than substantial financial stability.
How does Am Foundation Inc's executive compensation compare to other nonprofits?
Am Foundation Inc reports 0% officer compensation across all filings, which is exceptionally low compared to most nonprofits, regardless of size. This indicates a strong commitment to directing all funds towards its mission rather than executive salaries.
What is the trend in Am Foundation Inc's revenue and assets?
Revenue has shown growth, increasing from around $50,000 in the early 2010s to $113,000 in 2023. However, assets have generally declined over the same period, from a high of $26,304 in 2011 to $12,412 in 2023, suggesting that increased revenue is primarily used for current operations rather than building reserves.
Filing History
IRS 990 filing history for Am Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Am Foundation Inc's revenue has grown by 93.7%, moving from $58K to $113K. Total assets decreased by 52.8% over the same period, from $26K to $12K. Total functional expenses rose by 83.3%, from $59K to $108K. In its most recent filing year (2023), Am Foundation Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $5K in liabilities against $12K in assets (debt-to-asset ratio: 37.4%), resulting in net assets of $8K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $108K | $12K | $5K | — | View 990 |
| 2022 | $77K | $81K | $8K | $5K | — | View 990 |
| 2021 | $73K | $71K | $14K | $7K | — | View 990 |
| 2020 | $53K | $67K | $10K | $7K | — | View 990 |
| 2019 | $84K | $73K | $18K | $655 | — | View 990 |
| 2015 | $55K | $56K | $17K | $578 | — | View 990 |
| 2014 | $54K | $57K | $18K | $515 | — | View 990 |
| 2013 | $51K | $51K | $21K | $496 | — | View 990 |
| 2012 | $50K | $54K | $22K | $345 | — | View 990 |
| 2011 | $58K | $59K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $108K, and assets of $12K (revenue +46.8% year-over-year).
- 2022: Revenue of $77K, expenses of $81K, and assets of $8K (revenue +4.9% year-over-year).
- 2021: Revenue of $73K, expenses of $71K, and assets of $14K (revenue +38.5% year-over-year).
- 2020: Revenue of $53K, expenses of $67K, and assets of $10K (revenue -37.1% year-over-year).
- 2019: Revenue of $84K, expenses of $73K, and assets of $18K (revenue +53.3% year-over-year).
- 2015: Revenue of $55K, expenses of $56K, and assets of $17K (revenue +1.9% year-over-year).
- 2014: Revenue of $54K, expenses of $57K, and assets of $18K (revenue +6.4% year-over-year).
- 2013: Revenue of $51K, expenses of $51K, and assets of $21K (revenue +2.5% year-over-year).
- 2012: Revenue of $50K, expenses of $54K, and assets of $22K (revenue -15.2% year-over-year).
- 2011: Revenue of $58K, expenses of $59K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Am Foundation Inc:
Data Sources and Methodology
This transparency report for Am 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.