Ametek Foundation Inc
Ametek Foundation Inc. shows strong financial growth and 100% program spending efficiency with no reported officer compensation.
EIN: 136095939 · Berwyn, PA · Updated: 2026-03-28
Is Ametek Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ametek Foundation Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ametek Foundation Inc
Ametek Foundation Inc (EIN: 136095939) is a nonprofit organization based in Berwyn, PA. The organization reported total revenue of $10.5M and total assets of $17.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ametek Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ametek Foundation Inc is a large nonprofit that has been operating for 65 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$2.5M |
| Total Assets | $13.9M |
| Total Liabilities | $331K |
| Net Assets | $13.6M |
| Operating Margin | 52.4% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 73.5 months |
Financial Health Grade: A
In 2023, Ametek Foundation Inc reported a surplus of $2.5M with revenue exceeding expenses, holds 73.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ametek Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | -3.1% | +27.0% |
| 2022 | +37.9% | +8.9% | +3.4% |
| 2021 | +6.7% | +7.8% | +27.4% |
| 2020 | +45.9% | -3.4% | +30.1% |
| 2019 | +125.5% | +41.0% | +147.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1290 |
| IRS Ruling Date | 1961 |
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 Ametek 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Ametek Foundation Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $2.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation directly from the foundation, which is highly unusual for an organization of its size with growing assets and revenue. This suggests either a fully volunteer executive team or that compensation is handled by a related entity.
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 Ametek Foundation Inc's IRS 990 filings:
- Unusual 0% officer compensation reported, potentially indicating compensation is paid by a related entity and not fully transparent in the foundation's 990.
Strengths
The following positive indicators were identified for Ametek Foundation Inc:
- 100% of reported expenses consistently allocated to program services, indicating exceptional efficiency.
- Significant and consistent growth in revenue, from $255,647 in 2011 to $4,768,565 in 2023.
- Substantial growth in assets, from $4,050,559 in 2011 to $13,913,581 in 2023, demonstrating strong financial health.
- Very low liabilities relative to assets, indicating financial stability.
- No reported officer compensation, suggesting a highly mission-focused approach or external support for executive roles.
Frequently Asked Questions about Ametek Foundation Inc
Is Ametek Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ametek Foundation Inc (EIN: 136095939) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Ametek Foundation Inc spend its money?
Ametek Foundation Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ametek Foundation Inc tax-deductible?
Ametek Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136095939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ametek Foundation Inc. a good charity?
Based on its financial data, Ametek Foundation Inc. appears to be a very good charity. It consistently allocates 100% of its reported expenses to program services, has shown significant financial growth, and reports no officer compensation, indicating a strong focus on its mission and efficient use of funds.
How has Ametek Foundation Inc.'s financial health changed over time?
Ametek Foundation Inc. has experienced substantial financial growth and improved health over the past decade. Revenue increased from $255,647 in 2011 to $4,768,565 in 2023, and assets grew from $4,050,559 to $13,913,581 in the same period, demonstrating robust financial management and sustainability.
What is the explanation for 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It suggests either that the foundation is entirely run by unpaid volunteers at the executive level, or that executive compensation is paid by a related entity (e.g., Ametek, Inc.) and not directly by the foundation itself. This practice, while not a red flag in itself, warrants further investigation for complete transparency regarding executive remuneration.
Filing History
IRS 990 filing history for Ametek Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ametek Foundation Inc's revenue has grown by 1765.3%, moving from $256K to $4.8M. Total assets increased by 243.5% over the same period, from $4.1M to $13.9M. Total functional expenses rose by 80.1%, from $1.3M to $2.3M. In its most recent filing year (2023), Ametek Foundation Inc reported a surplus of $2.5M, with revenue exceeding expenses. The organization holds $331K in liabilities against $13.9M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $13.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $2.3M | $13.9M | $331K | — | — |
| 2022 | $4.6M | $2.3M | $11.0M | $322K | — | View 990 |
| 2021 | $3.4M | $2.2M | $10.6M | $300K | — | View 990 |
| 2020 | $3.1M | $2.0M | $8.3M | $305K | — | View 990 |
| 2019 | $2.2M | $2.1M | $6.4M | $299K | — | View 990 |
| 2015 | $957K | $1.5M | $2.6M | $326K | — | View 990 |
| 2014 | $1.6M | $1.4M | $3.4M | $263K | — | View 990 |
| 2013 | $768K | $1.2M | $3.7M | $241K | — | View 990 |
| 2012 | $874K | $1.4M | $4.0M | $245K | — | View 990 |
| 2011 | $256K | $1.3M | $4.1M | $222K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $2.3M, and assets of $13.9M (revenue +3.0% year-over-year).
- 2022: Revenue of $4.6M, expenses of $2.3M, and assets of $11.0M (revenue +37.9% year-over-year).
- 2021: Revenue of $3.4M, expenses of $2.2M, and assets of $10.6M (revenue +6.7% year-over-year).
- 2020: Revenue of $3.1M, expenses of $2.0M, and assets of $8.3M (revenue +45.9% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.1M, and assets of $6.4M (revenue +125.5% year-over-year).
- 2015: Revenue of $957K, expenses of $1.5M, and assets of $2.6M (revenue -41.3% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.4M, and assets of $3.4M (revenue +112.1% year-over-year).
- 2013: Revenue of $768K, expenses of $1.2M, and assets of $3.7M (revenue -12.2% year-over-year).
- 2012: Revenue of $874K, expenses of $1.4M, and assets of $4.0M (revenue +241.8% year-over-year).
- 2011: Revenue of $256K, expenses of $1.3M, and assets of $4.1M.
Data Sources and Methodology
This transparency report for Ametek 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.