Apec Family Foundation Fund Inc
Apec Family Foundation Fund Inc shows consistent revenue growth and no reported officer compensation over the past decade.
EIN: 205053817 · Atlanta, GA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $5.8M |
| Program Spending | 90% |
| Net Assets | $2.0M |
| Transparency Score | 85/100 |
Is Apec Family Foundation Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Apec Family Foundation Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Apec Family Foundation Fund Inc
Apec Family Foundation Fund Inc (EIN: 205053817) is a nonprofit organization based in Atlanta, GA, classified under NTEE code T30. The organization reported total revenue of $3.8M and total assets of $448K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apec Family Foundation Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apec Family Foundation Fund Inc is a mid-size nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 12.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $5.8M |
| Surplus / Deficit | $-34,872 |
| Total Assets | $2.4M |
| Total Liabilities | $487K |
| Net Assets | $2.0M |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 19.9% |
| Months of Reserves | 5.1 months |
Financial Health Grade: B
In 2023, Apec Family Foundation Fund Inc reported a deficit of $35K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 19.9% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Apec Family Foundation Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.4% | +32.9% | +0.7% |
| 2022 | +51.4% | +80.0% | +9.7% |
| 2021 | +45.9% | +9.3% | +42.7% |
| 2020 | -42.9% | -41.2% | +46.7% |
| 2019 | +12.6% | +10.6% | +12.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Apec Family Foundation Fund Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Apec Family Foundation Fund Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to the mission.
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 Apec Family Foundation Fund Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data prevents a precise efficiency analysis.
Strengths
The following positive indicators were identified for Apec Family Foundation Fund Inc:
- Consistent revenue growth over the past decade, from $1.85M in 2014 to $5.72M in 2023.
- Zero reported officer compensation across all 11 filings, indicating strong commitment to mission-focused spending.
- Significant growth in assets, from $0 in 2014 to $2.44M in 2023, enhancing financial capacity.
- Expenses generally align closely with revenue, suggesting active deployment of funds rather than excessive accumulation.
Frequently Asked Questions about Apec Family Foundation Fund Inc
Is Apec Family Foundation Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Apec Family Foundation Fund Inc (EIN: 205053817) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Apec Family Foundation Fund Inc spend its money?
Apec Family Foundation Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Apec Family Foundation Fund Inc tax-deductible?
Apec Family Foundation Fund Inc is registered as a tax-exempt nonprofit (EIN: 205053817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Apec Family Foundation Fund Inc's spending goes to programs?
Apec Family Foundation Fund Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Apec Family Foundation Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Apec Family Foundation Fund Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Apec Family Foundation Fund Inc located?
Apec Family Foundation Fund Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 205053817. It is classified under NTEE code T30.
How many years of IRS 990 filings does Apec Family Foundation Fund Inc have?
Apec Family Foundation Fund Inc has 11 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 $3.8M in total revenue.
Is Apec Family Foundation Fund Inc financially stable?
Yes, the organization appears financially stable, demonstrating consistent revenue growth from $1.85M in 2014 to $5.72M in 2023, and a significant increase in assets from $0 to $2.44M over the same period.
How efficiently does Apec Family Foundation Fund Inc use its funds?
While a detailed expense breakdown is not provided in the summary, the consistent reporting of 0% officer compensation suggests a high level of efficiency in directing funds away from executive salaries and towards its mission. The close alignment of expenses to revenue also indicates active deployment of funds.
What is the trend in the organization's assets?
The organization's assets have shown substantial growth, increasing from $0 in 2014 to $2,447,667 in 2023, indicating a strengthening financial position and capacity.
Filing History
IRS 990 filing history for Apec Family Foundation Fund Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Apec Family Foundation Fund Inc's revenue has grown by 236.8%, moving from $1.7M to $5.7M. Total functional expenses rose by 233.2%, from $1.7M to $5.8M. In its most recent filing year (2023), Apec Family Foundation Fund Inc reported a deficit of $35K, with expenses exceeding revenue. The organization holds $487K in liabilities against $2.4M in assets (debt-to-asset ratio: 19.9%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.7M | $5.8M | $2.4M | $487K | — | — |
| 2022 | $5.0M | $4.3M | $2.4M | $434K | — | View 990 |
| 2021 | $3.3M | $2.4M | $2.2M | $848K | — | View 990 |
| 2020 | $2.2M | $2.2M | $1.6M | $856K | — | View 990 |
| 2019 | $3.9M | $3.7M | $1.1M | $406K | — | View 990 |
| 2018 | $3.5M | $3.4M | $941K | $466K | — | View 990 |
| 2017 | $3.3M | $3.2M | $921K | $555K | — | View 990 |
| 2016 | $3.0M | $2.8M | $826K | $548K | — | View 990 |
| 2015 | $2.3M | $2.2M | $729K | $590K | — | View 990 |
| 2014 | $1.9M | $1.7M | $0 | $0 | — | View 990 |
| 2013 | $1.7M | $1.7M | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.7M, expenses of $5.8M, and assets of $2.4M (revenue +15.4% year-over-year).
- 2022: Revenue of $5.0M, expenses of $4.3M, and assets of $2.4M (revenue +51.4% year-over-year).
- 2021: Revenue of $3.3M, expenses of $2.4M, and assets of $2.2M (revenue +45.9% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.2M, and assets of $1.6M (revenue -42.9% year-over-year).
- 2019: Revenue of $3.9M, expenses of $3.7M, and assets of $1.1M (revenue +12.6% year-over-year).
- 2018: Revenue of $3.5M, expenses of $3.4M, and assets of $941K (revenue +7.4% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.2M, and assets of $921K (revenue +9.5% year-over-year).
- 2016: Revenue of $3.0M, expenses of $2.8M, and assets of $826K (revenue +31.2% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.2M, and assets of $729K (revenue +22.4% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.7M, and assets of $0 (revenue +8.8% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apec Family Foundation Fund Inc:
Data Sources and Methodology
This transparency report for Apec Family Foundation Fund Inc 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.