Andrews Family Foundation
Andrews Family Foundation's assets decline significantly amid consistent negative revenue in recent years.
EIN: 200368768 · Aspen, CO · NTEE: T22 · Updated: 2026-03-28
Is Andrews Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Andrews Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Andrews Family Foundation
Andrews Family Foundation (EIN: 200368768) is a nonprofit organization based in Aspen, CO, classified under NTEE code T22. The organization reported total revenue of $8.6M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Andrews Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Andrews Family Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $519K |
| Surplus / Deficit | $-427,031 |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | -466.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 29.6 months |
Financial Health Grade: B
In 2024, Andrews Family Foundation reported a deficit of $427K with expenses exceeding revenue, holds 29.6 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 (2012–2024), Andrews Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -196.2% | +46.9% | -19.7% |
| 2020 | -56.3% | +96.9% | -7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Andrews Family Foundation with a Mission Score of 55 out of 100 (Fair). 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, Andrews 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $427K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for a foundation of its size with assets over $1 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 Andrews Family Foundation's IRS 990 filings:
- Consistent negative revenue in recent years (e.g., -$454,839 in 2023, -$19,734 in 2022).
- Significant decline in assets from $4,007,724 in 2020 to $1,277,468 in 2024.
- Expenses consistently exceeding revenue in most recent periods, indicating asset depletion.
- Lack of clear information on program vs. administrative spending ratios in the provided data.
Strengths
The following positive indicators were identified for Andrews Family Foundation:
- Zero officer compensation reported across all filings, indicating strong commitment to mission over personal gain.
- Minimal liabilities ($1 in recent years) suggests good debt management.
- Long filing history (10 filings) indicates consistent reporting to the IRS.
Frequently Asked Questions about Andrews Family Foundation
Is Andrews Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Andrews Family Foundation (EIN: 200368768) some concerns. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
How does Andrews Family Foundation spend its money?
Andrews Family Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Andrews Family Foundation tax-deductible?
Andrews Family Foundation is registered as a tax-exempt nonprofit (EIN: 200368768). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Andrews Family Foundation financially sustainable in the long term?
The foundation's consistent negative revenue in recent years (e.g., -$454,839 in 2023) and declining assets from $4,007,724 in 2020 to $1,277,468 in 2024 raise significant concerns about its long-term financial sustainability without a change in its revenue generation strategy.
What is causing the consistent negative revenue?
The filings indicate that the foundation has frequently experienced negative revenue, suggesting that investment losses or significant distributions exceeding incoming contributions are occurring. A deeper dive into investment performance and distribution policies would be necessary to pinpoint the exact causes.
How does the foundation plan to replenish its declining asset base?
With assets decreasing from over $4 million to $1.2 million in just four years, the foundation needs a clear strategy for asset replenishment, either through increased fundraising, improved investment returns, or a revised spending policy.
What percentage of expenses are allocated to program services?
While specific program spending percentages are not detailed in the provided data, a healthy foundation typically allocates a significant majority of its expenses to program services. Given the asset depletion, understanding this ratio is crucial for assessing efficiency.
Are there any plans to address the revenue volatility?
The significant fluctuations, including negative revenue figures, suggest a need for strategies to stabilize and grow the foundation's income streams to support its mission effectively.
Filing History
IRS 990 filing history for Andrews Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Andrews Family Foundation's revenue has declined by 74.5%, moving from $359K to $92K. Total assets decreased by 70.3% over the same period, from $4.3M to $1.3M. Total functional expenses rose by 133.1%, from $222K to $519K. In its most recent filing year (2024), Andrews Family Foundation reported a deficit of $427K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $92K | $519K | $1.3M | $1 | — | View 990 |
| 2023 | $-454,839 | $478K | $1.7M | $1 | — | View 990 |
| 2022 | $-19,734 | $556K | $2.6M | $1 | — | View 990 |
| 2021 | $-185,790 | $606K | $3.2M | $1 | — | — |
| 2020 | $193K | $413K | $4.0M | $1 | — | View 990 |
| 2016 | $442K | $210K | $4.3M | $0 | — | View 990 |
| 2015 | $14K | $263K | $4.1M | $0 | — | View 990 |
| 2014 | $-133,709 | $247K | $4.3M | $0 | — | View 990 |
| 2013 | $550K | $216K | $4.6M | $0 | — | View 990 |
| 2012 | $359K | $222K | $4.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $92K, expenses of $519K, and assets of $1.3M.
- 2023: Revenue of $-454,839, expenses of $478K, and assets of $1.7M.
- 2022: Revenue of $-19,734, expenses of $556K, and assets of $2.6M.
- 2021: Revenue of $-185,790, expenses of $606K, and assets of $3.2M (revenue -196.2% year-over-year).
- 2020: Revenue of $193K, expenses of $413K, and assets of $4.0M (revenue -56.3% year-over-year).
- 2016: Revenue of $442K, expenses of $210K, and assets of $4.3M (revenue +2966.6% year-over-year).
- 2015: Revenue of $14K, expenses of $263K, and assets of $4.1M.
- 2014: Revenue of $-133,709, expenses of $247K, and assets of $4.3M (revenue -124.3% year-over-year).
- 2013: Revenue of $550K, expenses of $216K, and assets of $4.6M (revenue +53.3% year-over-year).
- 2012: Revenue of $359K, expenses of $222K, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Andrews Family Foundation:
Data Sources and Methodology
This transparency report for Andrews 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.