Andrew & Alice Fischer Charitable Trust
Andrew & Alice Fischer Charitable Trust maintains over $10 million in assets with zero officer compensation.
EIN: 206792124 · Dundee, IL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $686K |
| Program Spending | 90% |
| Net Assets | $10.2M |
| Transparency Score | 85/100 |
Is Andrew & Alice Fischer Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Andrew & Alice Fischer Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Andrew & Alice Fischer Charitable Trust
Andrew & Alice Fischer Charitable Trust (EIN: 206792124) is a nonprofit organization based in Dundee, IL, classified under NTEE code T20. The organization reported total revenue of $4.8M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Andrew & Alice Fischer Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Andrew & Alice Fischer Charitable Trust is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $673K |
| Total Expenses | $686K |
| Surplus / Deficit | $-12,889 |
| Total Assets | $10.2M |
| Total Liabilities | $1 |
| Net Assets | $10.2M |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 179.2 months |
Financial Health Grade: B
In 2023, Andrew & Alice Fischer Charitable Trust reported a deficit of $13K with expenses exceeding revenue, holds 179.2 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), Andrew & Alice Fischer Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +226.5% | -18.6% | -0.2% |
| 2022 | -87.6% | -0.6% | -6.0% |
| 2021 | +123.9% | +18.3% | +8.1% |
| 2020 | -12.5% | +3.8% | +0.3% |
| 2019 | +78.6% | +24.7% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Andrew & Alice Fischer Charitable Trust 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: 90%
- fundraising: 0%
According to IRS 990 filings, Andrew & Alice Fischer Charitable Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $13K, 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 no salaries or other compensation are paid to officers, directors, trustees, or key employees, which is highly favorable for minimizing administrative overhead.
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 Andrew & Alice Fischer Charitable Trust's IRS 990 filings:
- Fluctuating revenue streams, indicating potential reliance on market performance or irregular large gifts rather than consistent income.
Strengths
The following positive indicators were identified for Andrew & Alice Fischer Charitable Trust:
- Consistent financial stability with assets over $10 million.
- Zero reported officer compensation, indicating very low administrative overhead.
- Minimal liabilities across all filing periods, demonstrating a healthy balance sheet.
- Strong asset base relative to annual expenses, providing long-term sustainability.
Frequently Asked Questions about Andrew & Alice Fischer Charitable Trust
Is Andrew & Alice Fischer Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Andrew & Alice Fischer Charitable Trust (EIN: 206792124) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Andrew & Alice Fischer Charitable Trust spend its money?
Andrew & Alice Fischer Charitable Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Andrew & Alice Fischer Charitable Trust tax-deductible?
Andrew & Alice Fischer Charitable Trust is registered as a tax-exempt nonprofit (EIN: 206792124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Andrew & Alice Fischer Charitable Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Andrew & Alice Fischer Charitable Trust is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Andrew & Alice Fischer Charitable Trust located?
Andrew & Alice Fischer Charitable Trust is headquartered in Dundee, Illinois and files with the IRS under EIN 206792124. It is classified under NTEE code T20.
How many years of IRS 990 filings does Andrew & Alice Fischer Charitable Trust have?
Andrew & Alice Fischer Charitable Trust 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 $4.8M in total revenue.
What is the primary purpose of the Andrew & Alice Fischer Charitable Trust?
As a charitable trust (NTEE Code T20), its primary purpose is typically grantmaking to other organizations or individuals, rather than direct program service delivery.
How does the trust manage its administrative costs?
The trust appears to manage administrative costs very efficiently, as evidenced by 0% officer compensation reported in all filings, suggesting a lean operational structure.
Is the trust financially stable?
Yes, with assets consistently above $8 million and minimal liabilities (often $0 or $1), the trust demonstrates strong financial stability.
What is the trend in the trust's revenue?
The trust's revenue has been highly variable, ranging from $206,206 in 2022 to $1,665,122 in 2021, indicating potential reliance on investment performance or irregular contributions.
Filing History
IRS 990 filing history for Andrew & Alice Fischer Charitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Andrew & Alice Fischer Charitable Trust's revenue has declined by 21.2%, moving from $854K to $673K. Total assets increased by 18.6% over the same period, from $8.6M to $10.2M. Total functional expenses rose by 19.4%, from $574K to $686K. In its most recent filing year (2023), Andrew & Alice Fischer Charitable Trust reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1 in liabilities against $10.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $673K | $686K | $10.2M | $1 | — | — |
| 2022 | $206K | $843K | $10.3M | $1 | — | View 990 |
| 2021 | $1.7M | $848K | $10.9M | $1 | — | — |
| 2020 | $744K | $717K | $10.1M | $1 | — | — |
| 2019 | $850K | $690K | $10.1M | $0 | — | View 990 |
| 2015 | $476K | $553K | $9.2M | $0 | — | View 990 |
| 2014 | $763K | $701K | $9.3M | $0 | — | View 990 |
| 2013 | $1.2M | $492K | $9.2M | $0 | — | View 990 |
| 2012 | $407K | $565K | $8.5M | $0 | — | View 990 |
| 2011 | $854K | $574K | $8.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $673K, expenses of $686K, and assets of $10.2M (revenue +226.5% year-over-year).
- 2022: Revenue of $206K, expenses of $843K, and assets of $10.3M (revenue -87.6% year-over-year).
- 2021: Revenue of $1.7M, expenses of $848K, and assets of $10.9M (revenue +123.9% year-over-year).
- 2020: Revenue of $744K, expenses of $717K, and assets of $10.1M (revenue -12.5% year-over-year).
- 2019: Revenue of $850K, expenses of $690K, and assets of $10.1M (revenue +78.6% year-over-year).
- 2015: Revenue of $476K, expenses of $553K, and assets of $9.2M (revenue -37.7% year-over-year).
- 2014: Revenue of $763K, expenses of $701K, and assets of $9.3M (revenue -36.6% year-over-year).
- 2013: Revenue of $1.2M, expenses of $492K, and assets of $9.2M (revenue +195.9% year-over-year).
- 2012: Revenue of $407K, expenses of $565K, and assets of $8.5M (revenue -52.4% year-over-year).
- 2011: Revenue of $854K, expenses of $574K, and assets of $8.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Andrew & Alice Fischer Charitable Trust:
Data Sources and Methodology
This transparency report for Andrew & Alice Fischer Charitable Trust 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.