Anne S Richardson Fund T5874
Anne S Richardson Fund consistently operates with expenses exceeding revenue, drawing from a stable $10M+ asset base with no reported officer compensation.
EIN: 136192516 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $770K |
| Program Spending | 85% |
| Net Assets | $10.4M |
| Transparency Score | 85/100 |
Is Anne S Richardson Fund T5874 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anne S Richardson Fund T5874 directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Anne S Richardson Fund T5874
Anne S Richardson Fund T5874 (EIN: 136192516) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $3.0M and total assets of $10.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anne S Richardson Fund T5874's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anne S Richardson Fund T5874 is a mid-size nonprofit that has been operating for 54 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $391K |
| Total Expenses | $770K |
| Surplus / Deficit | $-379,128 |
| Total Assets | $10.4M |
| Total Liabilities | $1 |
| Net Assets | $10.4M |
| Operating Margin | -97.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 162.5 months |
Financial Health Grade: B
In 2024, Anne S Richardson Fund T5874 reported a deficit of $379K with expenses exceeding revenue, holds 162.5 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 (2012–2024), Anne S Richardson Fund T5874's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -41.6% | -11.1% | -3.7% |
| 2023 | +16.9% | +3.7% | -1.8% |
| 2022 | -39.1% | +12.8% | -2.3% |
| 2021 | +8.1% | +4.6% | +1.8% |
| 2020 | +273.8% | -1.3% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Anne S Richardson Fund T5874 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Anne S Richardson Fund T5874 allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $379K, 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 excellent fiscal responsibility regarding executive pay and a strong commitment to directing resources towards its mission rather than high salaries.
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 Anne S Richardson Fund T5874's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in most recent years, requiring reliance on endowment drawdowns.
- NTEE code is unknown, which limits understanding of its specific programmatic focus.
Strengths
The following positive indicators were identified for Anne S Richardson Fund T5874:
- Zero reported officer compensation across all filings, indicating excellent executive compensation practices.
- Strong and stable asset base of over $10 million, providing financial security.
- Minimal liabilities ($0 or $1 reported), indicating a very healthy balance sheet.
- Consistent financial reporting over a decade, demonstrating transparency.
Frequently Asked Questions about Anne S Richardson Fund T5874
Is Anne S Richardson Fund T5874 a legitimate charity?
Anne S Richardson Fund T5874 (EIN: 136192516) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.0M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Anne S Richardson Fund T5874 spend its money?
Anne S Richardson Fund T5874 directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Anne S Richardson Fund T5874 tax-deductible?
Anne S Richardson Fund T5874 is registered as a tax-exempt nonprofit (EIN: 136192516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Anne S Richardson Fund T5874 located?
Anne S Richardson Fund T5874 is headquartered in Chicago, Illinois and files with the IRS under EIN 136192516.
How many years of IRS 990 filings does Anne S Richardson Fund T5874 have?
Anne S Richardson Fund T5874 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 $3.0M in total revenue.
Is the Anne S Richardson Fund financially sustainable given its recurring operating deficits?
While the organization frequently reports expenses exceeding revenue (e.g., $770,088 expenses vs. $390,960 revenue in 202407), its substantial and stable asset base of over $10 million suggests it operates as a private foundation, drawing from its endowment to fund activities. This model is sustainable as long as investment returns cover the difference or the foundation intends to spend down its principal over time.
What is the primary function of the Anne S Richardson Fund?
Based on the financial patterns (significant assets, consistent expenses, fluctuating revenue, and zero officer compensation), the organization likely functions as a grant-making private foundation, distributing funds from its endowment rather than directly operating programs or soliciting broad public donations.
How does the organization manage its administrative costs?
The organization demonstrates strong control over executive compensation, reporting $0 for officers across all filings. Without a detailed functional expense breakdown, it's difficult to assess other administrative costs, but the lack of executive salaries is a significant positive indicator of efficiency.
Filing History
IRS 990 filing history for Anne S Richardson Fund T5874 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Anne S Richardson Fund T5874's revenue has grown by 4.1%, moving from $376K to $391K. Total assets increased by 0.6% over the same period, from $10.4M to $10.4M. Total functional expenses rose by 10.8%, from $695K to $770K. In its most recent filing year (2024), Anne S Richardson Fund T5874 reported a deficit of $379K, with expenses exceeding revenue. The organization holds $1 in liabilities against $10.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $391K | $770K | $10.4M | $1 | — | — |
| 2023 | $669K | $866K | $10.8M | $1 | — | View 990 |
| 2022 | $573K | $836K | $11.0M | $1 | — | View 990 |
| 2021 | $941K | $741K | $11.3M | $1 | — | View 990 |
| 2020 | $870K | $708K | $11.1M | $1 | — | View 990 |
| 2016 | $233K | $718K | $10.2M | $0 | — | View 990 |
| 2015 | $680K | $730K | $10.6M | $0 | — | View 990 |
| 2014 | $1.1M | $702K | $10.7M | $0 | — | View 990 |
| 2013 | $625K | $694K | $10.3M | $0 | — | View 990 |
| 2012 | $376K | $695K | $10.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $391K, expenses of $770K, and assets of $10.4M (revenue -41.6% year-over-year).
- 2023: Revenue of $669K, expenses of $866K, and assets of $10.8M (revenue +16.9% year-over-year).
- 2022: Revenue of $573K, expenses of $836K, and assets of $11.0M (revenue -39.1% year-over-year).
- 2021: Revenue of $941K, expenses of $741K, and assets of $11.3M (revenue +8.1% year-over-year).
- 2020: Revenue of $870K, expenses of $708K, and assets of $11.1M (revenue +273.8% year-over-year).
- 2016: Revenue of $233K, expenses of $718K, and assets of $10.2M (revenue -65.7% year-over-year).
- 2015: Revenue of $680K, expenses of $730K, and assets of $10.6M (revenue -38.4% year-over-year).
- 2014: Revenue of $1.1M, expenses of $702K, and assets of $10.7M (revenue +76.5% year-over-year).
- 2013: Revenue of $625K, expenses of $694K, and assets of $10.3M (revenue +66.3% year-over-year).
- 2012: Revenue of $376K, expenses of $695K, and assets of $10.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anne S Richardson Fund T5874:
Data Sources and Methodology
This transparency report for Anne S Richardson Fund T5874 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.