Andrade Family Foundation

Andrade Family Foundation consistently spends more than it earns, drawing down assets.

EIN: 203086008 · Edmond, OK · NTEE: P20 · Updated: 2026-03-28

$179KRevenue
$233KAssets
65/100Mission Score (Good)
P20
Andrade Family Foundation Financial Summary
MetricValue
Total Revenue$179K
Total Expenses$18K
Program Spending80%
Net Assets$241K
Transparency Score65/100

Is Andrade Family Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Andrade Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Andrade Family Foundation

Andrade Family Foundation (EIN: 203086008) is a nonprofit organization based in Edmond, OK, classified under NTEE code P20. The organization reported total revenue of $179K and total assets of $233K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Andrade Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Andrade Family Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$9K
Total Expenses$18K
Surplus / Deficit$-8,888
Total Assets$241K
Total Liabilities$1
Net Assets$241K
Operating Margin-101.4%
Debt-to-Asset Ratio0.0%
Months of Reserves163.5 months

Financial Health Grade: B

In 2023, Andrade Family Foundation reported a deficit of $9K with expenses exceeding revenue, holds 163.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Andrade Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-28.3%-3.9%-3.6%
2022-37.2%+13.3%-2.4%
2021+421.5%+34.8%+1.3%
2020-28.1%+17.5%-3.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Andrade Family Foundation appears to be a small, private foundation based on its NTEE code (P20) and consistent low revenue figures. Its financial health shows a pattern of expenses exceeding revenue in most recent years, leading to a gradual decline in assets from a high of $279,796 in 2014 to $240,504 in 2023. For example, in 2023, the foundation reported $8,761 in revenue against $17,649 in expenses. This trend suggests the foundation is drawing down its principal to cover operational costs or grantmaking, which is common for foundations but warrants monitoring for long-term sustainability. The organization consistently reports zero officer compensation, indicating a volunteer-led or very lean operational structure, which can be a positive sign for spending efficiency. However, without detailed expense breakdowns (e.g., program vs. administrative), it's challenging to fully assess spending efficiency. The consistent reporting of minimal liabilities ($1 in recent years) indicates a healthy balance sheet in terms of debt.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Andrade Family Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Andrade Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$9KTotal Revenue
$18KTotal Expenses
$241KTotal Assets
$1Total Liabilities
$241KNet Assets
  • The organization reported a deficit of $9K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is a positive for resource allocation.

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 Andrade Family Foundation's IRS 990 filings:

  • Consistent deficit spending (expenses exceeding revenue in most recent years, e.g., $17,649 expenses vs. $8,761 revenue in 2023).
  • Declining asset base over time (from $279,796 in 2014 to $240,504 in 2023).

Strengths

The following positive indicators were identified for Andrade Family Foundation:

  • Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
  • Very low liabilities ($1 in recent years), suggesting a healthy balance sheet.
  • Consistent filing history (10 filings), indicating compliance and transparency in reporting.

Frequently Asked Questions about Andrade Family Foundation

Is Andrade Family Foundation a legitimate charity?

Andrade Family Foundation (EIN: 203086008) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $179K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Andrade Family Foundation spend its money?

Andrade Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Andrade Family Foundation tax-deductible?

Andrade Family Foundation is registered as a tax-exempt nonprofit (EIN: 203086008). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Andrade Family Foundation's spending goes to programs?

Andrade Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Andrade Family Foundation compare to similar nonprofits?

With a transparency score of 65/100 (Good), Andrade Family Foundation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Andrade Family Foundation located?

Andrade Family Foundation is headquartered in Edmond, Oklahoma and files with the IRS under EIN 203086008. It is classified under NTEE code P20.

How many years of IRS 990 filings does Andrade Family Foundation have?

Andrade Family Foundation 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 $179K in total revenue.

What are the specific program activities funded by the Andrade Family Foundation?

The provided data does not detail specific program activities or grants made by the foundation. Further investigation into their public disclosures or website would be needed to understand their programmatic impact.

What is the long-term strategy for the foundation given its consistent deficit spending?

With expenses frequently exceeding revenue (e.g., $17,649 expenses vs. $8,761 revenue in 2023), the foundation's assets have been declining. A clear strategy for sustainable funding or asset management would be crucial for its long-term viability.

How does the foundation manage its administrative costs without officer compensation?

The consistent reporting of 0% officer compensation suggests a highly lean or volunteer-driven administrative structure. Understanding how core administrative functions are performed and funded would provide insight into their operational model.

Filing History

IRS 990 filing history for Andrade Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Andrade Family Foundation's revenue has grown by 91.2%, moving from $5K to $9K. Total assets decreased by 4.6% over the same period, from $252K to $241K. Total functional expenses rose by 9.3%, from $16K to $18K. In its most recent filing year (2023), Andrade Family Foundation reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1 in liabilities against $241K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $241K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $9K $18K $241K $1
2022 $12K $18K $249K $1 View 990
2021 $19K $16K $256K $1
2020 $4K $12K $252K $1
2019 $5K $10K $261K $1 View 990
2015 $-3,969 $23K $253K $1 View 990
2014 $70K $9K $280K $0 View 990
2013 $11K $6K $218K $0 View 990
2012 $5K $44K $213K $0 View 990
2011 $5K $16K $252K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $9K, expenses of $18K, and assets of $241K (revenue -28.3% year-over-year).
  • 2022: Revenue of $12K, expenses of $18K, and assets of $249K (revenue -37.2% year-over-year).
  • 2021: Revenue of $19K, expenses of $16K, and assets of $256K (revenue +421.5% year-over-year).
  • 2020: Revenue of $4K, expenses of $12K, and assets of $252K (revenue -28.1% year-over-year).
  • 2019: Revenue of $5K, expenses of $10K, and assets of $261K.
  • 2015: Revenue of $-3,969, expenses of $23K, and assets of $253K (revenue -105.6% year-over-year).
  • 2014: Revenue of $70K, expenses of $9K, and assets of $280K (revenue +522.6% year-over-year).
  • 2013: Revenue of $11K, expenses of $6K, and assets of $218K (revenue +110.2% year-over-year).
  • 2012: Revenue of $5K, expenses of $44K, and assets of $213K (revenue +17.4% year-over-year).
  • 2011: Revenue of $5K, expenses of $16K, and assets of $252K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Andrade Family Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Andrade Family Foundation 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.

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