American Nurses Foundation Inc
American Nurses Foundation faces recent operating deficits despite substantial asset base and zero officer compensation.
EIN: 131893924 · Silver Spring, MD · NTEE: B90J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $9.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $26 |
| Net Assets | $27.5M |
| Transparency Score | 85/100 |
Is American Nurses Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Nurses Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Nurses Foundation Inc
American Nurses Foundation Inc (EIN: 131893924) is a nonprofit organization based in Silver Spring, MD, classified under NTEE code B90J. The organization reported total revenue of $5.4M and total assets of $26.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Nurses Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Nurses Foundation Inc is a mid-size nonprofit that has been operating for 70 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.0M |
| Total Expenses | $9.9M |
| Surplus / Deficit | $-4,954,965 |
| Total Assets | $30.2M |
| Total Liabilities | $2.7M |
| Net Assets | $27.5M |
| Operating Margin | -99.9% |
| Debt-to-Asset Ratio | 8.8% |
| Months of Reserves | 36.5 months |
Financial Health Grade: B
In 2023, American Nurses Foundation Inc reported a deficit of $5.0M with expenses exceeding revenue, holds 36.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Nurses Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.4% | +85.9% | -12.2% |
| 2022 | -79.8% | +4.2% | -1.3% |
| 2021 | +27.1% | -34.0% | +93.2% |
| 2020 | +674.9% | +346.0% | +156.5% |
| 2019 | +2.8% | -20.6% | -4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1956 |
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 American Nurses 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, American Nurses 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 deficit of $5.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly commendable for a nonprofit of its size with assets exceeding $26 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 American Nurses Foundation Inc's IRS 990 filings:
- Significant operating deficits in recent years (2022 and 2023), with expenses nearly doubling revenue in 2023 ($9.9M expenses vs. $4.9M revenue).
Strengths
The following positive indicators were identified for American Nurses Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship and dedication to mission.
- Substantial asset base ($30.1M in 2023) providing a strong financial cushion against operational deficits.
- Demonstrated ability to raise significant funds, as seen in the revenue spikes of 2020 and 2021.
Frequently Asked Questions about American Nurses Foundation Inc
Is American Nurses Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Nurses Foundation Inc (EIN: 131893924) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does American Nurses Foundation Inc spend its money?
American Nurses Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Nurses Foundation Inc tax-deductible?
American Nurses Foundation Inc is registered as a tax-exempt nonprofit (EIN: 131893924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the American Nurses Foundation Inc CEO make?
American Nurses Foundation Inc's highest-compensated officer earns $26 annually. The organization reported $5.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of American Nurses Foundation Inc's spending goes to programs?
American Nurses Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Nurses Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), American Nurses Foundation Inc is above average for NTEE category B90J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Nurses Foundation Inc located?
American Nurses Foundation Inc is headquartered in Silver Spring, Maryland and files with the IRS under EIN 131893924. It is classified under NTEE code B90J.
How many years of IRS 990 filings does American Nurses Foundation Inc have?
American Nurses Foundation Inc has 13 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 $5.4M in total revenue.
Is American Nurses Foundation Inc. financially stable?
While the organization has experienced recent operating deficits, with expenses exceeding revenue by a significant margin in 2022 and 2023, its substantial asset base ($30.1M in 2023) relative to its liabilities ($2.6M) suggests long-term financial stability and reserves to weather these periods.
How efficient is American Nurses Foundation Inc. with its spending?
The consistent reporting of 0% officer compensation is a strong indicator of efficiency in executive pay. While specific program spending ratios are not provided in the summary data, the lack of executive compensation suggests a high potential for funds to be directed towards programmatic activities.
What caused the large revenue fluctuations in 2020 and 2021?
The provided data does not specify the exact causes, but the significant revenue increases in 2020 ($17.5M) and 2021 ($22.2M) compared to prior years ($2.2M in 2019) suggest successful fundraising campaigns or large grants, possibly related to the COVID-19 pandemic and increased focus on healthcare.
Filing History
IRS 990 filing history for American Nurses Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Nurses Foundation Inc's revenue has grown by 299.5%, moving from $1.2M to $5.0M. Total assets increased by 606.5% over the same period, from $4.3M to $30.2M. Total functional expenses rose by 826.5%, from $1.1M to $9.9M. In its most recent filing year (2023), American Nurses Foundation Inc reported a deficit of $5.0M, with expenses exceeding revenue. The organization holds $2.7M in liabilities against $30.2M in assets (debt-to-asset ratio: 8.8%), resulting in net assets of $27.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $9.9M | $30.2M | $2.7M | — | — |
| 2022 | $4.5M | $5.3M | $34.4M | $2.8M | — | View 990 |
| 2021 | $22.3M | $5.1M | $34.9M | $1.1M | — | View 990 |
| 2020 | $17.5M | $7.8M | $18.1M | $1.8M | — | View 990 |
| 2019 | $2.3M | $1.7M | $7.0M | $835K | — | View 990 |
| 2018 | $2.2M | $2.2M | $7.4M | $2.4M | — | View 990 |
| 2017 | $2.6M | $2.2M | $7.1M | $1.5M | — | View 990 |
| 2016 | $1.7M | $2.1M | $6.3M | $1.5M | — | View 990 |
| 2015 | $1.9M | $1.7M | $6.1M | $1.1M | — | View 990 |
| 2014 | $2.0M | $1.8M | $6.0M | $950K | — | View 990 |
| 2013 | $2.1M | $1.6M | $5.8M | $926K | — | View 990 |
| 2012 | $2.1M | $1.6M | $5.0M | $692K | — | View 990 |
| 2011 | $1.2M | $1.1M | $4.3M | $742K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $9.9M, and assets of $30.2M (revenue +10.4% year-over-year).
- 2022: Revenue of $4.5M, expenses of $5.3M, and assets of $34.4M (revenue -79.8% year-over-year).
- 2021: Revenue of $22.3M, expenses of $5.1M, and assets of $34.9M (revenue +27.1% year-over-year).
- 2020: Revenue of $17.5M, expenses of $7.8M, and assets of $18.1M (revenue +674.9% year-over-year).
- 2019: Revenue of $2.3M, expenses of $1.7M, and assets of $7.0M (revenue +2.8% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.2M, and assets of $7.4M (revenue -16.8% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.2M, and assets of $7.1M (revenue +55.5% year-over-year).
- 2016: Revenue of $1.7M, expenses of $2.1M, and assets of $6.3M (revenue -9.8% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.7M, and assets of $6.1M (revenue -3.5% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.8M, and assets of $6.0M (revenue -7.6% year-over-year).
- 2013: Revenue of $2.1M, expenses of $1.6M, and assets of $5.8M (revenue +1.6% year-over-year).
- 2012: Revenue of $2.1M, expenses of $1.6M, and assets of $5.0M (revenue +67.5% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Nurses Foundation Inc:
Data Sources and Methodology
This transparency report for American Nurses 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.