Annard Foundation
Annard Foundation operates with minimal revenue and assets, frequently spending more than it earns.
EIN: 20477072 · Salem, NH · NTEE: T20I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $350 |
| Total Expenses | $260 |
| Program Spending | 80% |
| Net Assets | $39 |
| Transparency Score | 45/100 |
Is Annard Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Annard Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Annard Foundation
Annard Foundation (EIN: 20477072) is a nonprofit organization based in Salem, NH, classified under NTEE code T20I. The organization reported total revenue of $350 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Annard Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Annard Foundation is a micro nonprofit that has been operating for 31 years, with 7 years of IRS 990 filings on record (2014–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $300 |
| Total Expenses | $260 |
| Surplus / Deficit | +$40 |
| Total Assets | $40 |
| Total Liabilities | $1 |
| Net Assets | $39 |
| Operating Margin | 13.3% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 1.8 months |
Financial Health Grade: A
In 2023, Annard Foundation reported a surplus of $40 with revenue exceeding expenses, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.0% | +0.0% | +3900.0% |
| 2022 | +0.0% | +0.8% | -97.2% |
| 2021 | +233.3% | +248.6% | -61.7% |
| 2020 | -7.7% | +45.1% | -23.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Annard Foundation with a Mission Score of 45 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Annard Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. 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:
- The organization reported a surplus of $40, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all filings, indicating that the organization's leadership is unpaid, which is common for very small or volunteer-run nonprofits.
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 Annard Foundation's IRS 990 filings:
- Consistently low and often negative net income (expenses exceeding revenue), indicating financial instability.
- Declining asset base, from $161 in 2014 to $0 currently, suggesting no financial reserves.
- Extremely low revenue, limiting potential program impact and sustainability.
Strengths
The following positive indicators were identified for Annard Foundation:
- Consistent IRS 990 filing history, demonstrating transparency.
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of limited funds for administrative salaries.
Frequently Asked Questions about Annard Foundation
Is Annard Foundation a legitimate charity?
Annard Foundation (EIN: 20477072) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 45/100. It has 7 years of IRS 990 filings on record. Total revenue: $350. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Annard Foundation spend its money?
Annard Foundation directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Annard Foundation tax-deductible?
Annard Foundation is registered as a tax-exempt nonprofit (EIN: 20477072). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Annard Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Annard Foundation is near average for NTEE category T20I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Annard Foundation located?
Annard Foundation is headquartered in Salem, New Hampshire and files with the IRS under EIN 20477072. It is classified under NTEE code T20I.
How many years of IRS 990 filings does Annard Foundation have?
Annard Foundation has 7 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 $350 in total revenue.
Is Annard Foundation a good charity?
The Annard Foundation operates on an extremely small scale with minimal financial resources. While it reports zero officer compensation, indicating efficient use of funds for its size, its impact is severely limited by its low revenue and assets. Its financial stability is a concern, with expenses often exceeding revenue.
What is the primary source of Annard Foundation's funding?
Based on the provided data, the primary source of funding is 'Revenue,' which is consistently very low, ranging from $0 to $350. The specific nature of this revenue (e.g., donations, grants) is not detailed in the provided summary.
How has Annard Foundation's financial health changed over time?
The organization's financial health has remained consistently precarious. While revenue has seen slight increases in recent years (e.g., $300 in 2023 from $0 in 2014), assets have declined significantly from $161 in 2014 to $0 currently. Expenses frequently outpace revenue, leading to a net loss in several periods.
Filing History
IRS 990 filing history for Annard Foundation showing financial trends over 7 years of public records:
Total assets decreased by 75.2% over the same period, from $161 to $40. Total functional expenses rose by 664.7%, from $34 to $260. In its most recent filing year (2023), Annard Foundation reported a surplus of $40, with revenue exceeding expenses. The organization holds $1 in liabilities against $40 in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $39.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $300 | $260 | $40 | $1 | — | — |
| 2022 | $200 | $260 | $1 | $1 | — | — |
| 2021 | $200 | $258 | $36 | $1 | — | — |
| 2020 | $60 | $74 | $94 | $1 | — | — |
| 2019 | $65 | $51 | $122 | $0 | — | View 990 |
| 2015 | $0 | $34 | $127 | $0 | — | View 990 |
| 2014 | $0 | $34 | $161 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $300, expenses of $260, and assets of $40 (revenue +50.0% year-over-year).
- 2022: Revenue of $200, expenses of $260, and assets of $1 (revenue +0.0% year-over-year).
- 2021: Revenue of $200, expenses of $258, and assets of $36 (revenue +233.3% year-over-year).
- 2020: Revenue of $60, expenses of $74, and assets of $94 (revenue -7.7% year-over-year).
- 2019: Revenue of $65, expenses of $51, and assets of $122.
- 2015: Revenue of $0, expenses of $34, and assets of $127.
- 2014: Revenue of $0, expenses of $34, and assets of $161.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Annard Foundation:
Data Sources and Methodology
This transparency report for Annard 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.