Ampersand Families
Ampersand Families shows consistent revenue growth and no reported officer compensation over a decade.
EIN: 142004438 · Roseville, MN · NTEE: P31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $843K |
| Transparency Score | 95/100 |
Is Ampersand Families Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ampersand Families directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ampersand Families
Ampersand Families (EIN: 142004438) is a nonprofit organization based in Roseville, MN, classified under NTEE code P31. The organization reported total revenue of $2.6M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ampersand Families's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ampersand Families is a mid-size nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$148K |
| Total Assets | $1.5M |
| Total Liabilities | $692K |
| Net Assets | $843K |
| Operating Margin | 4.9% |
| Debt-to-Asset Ratio | 45.1% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2024, Ampersand Families reported a surplus of $148K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 45.1% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Ampersand Families's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +13.0% | +2.6% | +2.5% |
| 2023 | +26.1% | +35.1% | +59.4% |
| 2022 | +20.8% | +33.3% | +5.1% |
| 2021 | +31.2% | +16.6% | +34.6% |
| 2020 | +11.7% | +9.0% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Ampersand Families 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Ampersand Families allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $148K, with revenue exceeding expenses.
- Debt-to-asset ratio: 45.1%.
Executive Compensation Analysis
Ampersand Families has consistently reported 0% officer compensation across all 14 available IRS 990 filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This is a highly unusual and positive indicator for an organization of its size, with recent revenues exceeding $3 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.
Strengths
The following positive indicators were identified for Ampersand Families:
- Consistent revenue growth over a decade (from $875,894 in 2015 to $3,014,348 in 2024).
- Zero reported officer compensation across all 14 IRS 990 filings, indicating high efficiency and mission focus.
- Healthy asset growth, providing financial stability (from $310,548 in 2015 to $1,534,666 in 2024).
- Expenses generally align with or are slightly below revenue, demonstrating sound financial management.
- Low liabilities relative to assets, indicating good financial health (e.g., $691,638 liabilities vs. $1,534,666 assets in 2024).
Frequently Asked Questions about Ampersand Families
Is Ampersand Families a legitimate charity?
Based on AI analysis of IRS 990 filings, Ampersand Families (EIN: 142004438) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Ampersand Families spend its money?
Ampersand Families directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ampersand Families tax-deductible?
Ampersand Families is registered as a tax-exempt nonprofit (EIN: 142004438). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ampersand Families CEO make?
Ampersand Families's highest-compensated officer earns $3 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ampersand Families's spending goes to programs?
Ampersand Families directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ampersand Families compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Ampersand Families is above average for NTEE category P31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ampersand Families located?
Ampersand Families is headquartered in Roseville, Minnesota and files with the IRS under EIN 142004438. It is classified under NTEE code P31.
How many years of IRS 990 filings does Ampersand Families have?
Ampersand Families has 14 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 $2.6M in total revenue.
Is Ampersand Families a good charity?
Based on the financial data, Ampersand Families appears to be a very good charity. They demonstrate consistent financial growth, responsible asset management, and notably, report 0% officer compensation across all filings, suggesting a strong commitment to directing funds towards their mission.
How has Ampersand Families' revenue grown over time?
Ampersand Families has shown remarkable revenue growth, increasing from $875,894 in 2015 to $3,014,348 in 2024, more than tripling its revenue in less than a decade.
What is the trend in Ampersand Families' assets?
The organization's assets have steadily increased from $310,548 in 2015 to $1,534,666 in 2024, indicating strong financial accumulation and stability.
Filing History
IRS 990 filing history for Ampersand Families showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Ampersand Families's revenue has grown by 794.6%, moving from $337K to $3.0M. Total assets increased by 604.2% over the same period, from $218K to $1.5M. Total functional expenses rose by 611.7%, from $403K to $2.9M. In its most recent filing year (2024), Ampersand Families reported a surplus of $148K, with revenue exceeding expenses. The organization holds $692K in liabilities against $1.5M in assets (debt-to-asset ratio: 45.1%), resulting in net assets of $843K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.0M | $2.9M | $1.5M | $692K | — | View 990 |
| 2023 | $2.7M | $2.8M | $1.5M | $802K | — | — |
| 2022 | $2.1M | $2.1M | $939K | $120K | — | View 990 |
| 2021 | $1.8M | $1.6M | $894K | $122K | — | View 990 |
| 2020 | $1.3M | $1.3M | $664K | $92K | — | View 990 |
| 2019 | $1.2M | $1.2M | $646K | $79K | — | View 990 |
| 2018 | $1.1M | $1.1M | $685K | $93K | — | — |
| 2017 | $1.1M | $910K | $569K | $64K | — | View 990 |
| 2016 | $939K | $831K | $411K | $70K | — | View 990 |
| 2015 | $876K | $757K | $311K | $78K | — | View 990 |
| 2014 | $566K | $611K | $169K | $55K | — | View 990 |
| 2013 | $411K | $471K | $204K | $45K | — | View 990 |
| 2012 | $373K | $337K | $248K | $28K | — | View 990 |
| 2011 | $337K | $403K | $218K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.0M, expenses of $2.9M, and assets of $1.5M (revenue +13.0% year-over-year).
- 2023: Revenue of $2.7M, expenses of $2.8M, and assets of $1.5M (revenue +26.1% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.1M, and assets of $939K (revenue +20.8% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $894K (revenue +31.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $664K (revenue +11.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $646K (revenue +4.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $685K (revenue +7.0% year-over-year).
- 2017: Revenue of $1.1M, expenses of $910K, and assets of $569K (revenue +14.3% year-over-year).
- 2016: Revenue of $939K, expenses of $831K, and assets of $411K (revenue +7.2% year-over-year).
- 2015: Revenue of $876K, expenses of $757K, and assets of $311K (revenue +54.9% year-over-year).
- 2014: Revenue of $566K, expenses of $611K, and assets of $169K (revenue +37.7% year-over-year).
- 2013: Revenue of $411K, expenses of $471K, and assets of $204K (revenue +10.0% year-over-year).
- 2012: Revenue of $373K, expenses of $337K, and assets of $248K (revenue +10.8% year-over-year).
- 2011: Revenue of $337K, expenses of $403K, and assets of $218K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ampersand Families:
Data Sources and Methodology
This transparency report for Ampersand Families 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.