Aria Foundation Inc
Aria Foundation Inc. consistently operates at a deficit, drawing down assets to cover expenses.
EIN: 133603275 · Channahon, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $35.2M |
| Total Expenses | $2.2M |
| Program Spending | 75% |
| Net Assets | $21.8M |
| Transparency Score | 55/100 |
Is Aria Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aria Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aria Foundation Inc
Aria Foundation Inc (EIN: 133603275) is a nonprofit organization based in Channahon, IL. The organization reported total revenue of $35.2M and total assets of $32.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aria Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aria Foundation Inc is a large nonprofit that has been operating for 34 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $684K |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-1,537,759 |
| Total Assets | $21.8M |
| Total Liabilities | $1 |
| Net Assets | $21.8M |
| Operating Margin | -224.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 117.9 months |
Financial Health Grade: B
In 2023, Aria Foundation Inc reported a deficit of $1.5M with expenses exceeding revenue, holds 117.9 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), Aria Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.5% | -1.2% | -6.6% |
| 2022 | -76.7% | +2.6% | -6.7% |
| 2021 | +248.4% | -4.9% | +0.9% |
| 2020 | -51.9% | +3.4% | -6.1% |
| 2019 | +40.1% | +14.1% | -7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Aria Foundation Inc 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: 75%
- fundraising: 10%
According to IRS 990 filings, Aria Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Aria Foundation Inc. consistently reports 0% officer compensation across all available filings, which is a positive indicator of resource allocation directly to the organization's mission rather than executive salaries, especially given its operational deficits.
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 Aria Foundation Inc's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in all reported periods)
- Significant decline in assets over time (from $32.3M in 2011 to $21.8M in 2023)
- Unusually low or zero reported liabilities across all filings, which may warrant further scrutiny.
Strengths
The following positive indicators were identified for Aria Foundation Inc:
- Zero reported officer compensation, indicating resources are not being used for executive salaries.
- Maintains substantial assets ($21.8 million in 2023) despite consistent deficits, providing a buffer for operations.
Frequently Asked Questions about Aria Foundation Inc
Is Aria Foundation Inc a legitimate charity?
Aria Foundation Inc (EIN: 133603275) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $35.2M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Aria Foundation Inc spend its money?
Aria Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Aria Foundation Inc tax-deductible?
Aria Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133603275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Aria Foundation Inc's spending goes to programs?
Aria Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Aria Foundation Inc located?
Aria Foundation Inc is headquartered in Channahon, Illinois and files with the IRS under EIN 133603275.
How many years of IRS 990 filings does Aria Foundation Inc have?
Aria Foundation Inc 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 $35.2M in total revenue.
Is Aria Foundation Inc. financially sustainable?
Based on the provided data, Aria Foundation Inc. has consistently spent more than its revenue for over a decade, leading to a significant decline in assets from $32.3 million in 2011 to $21.8 million in 2023. This trend suggests a lack of financial sustainability without a change in operations or a substantial increase in revenue.
Why are liabilities consistently reported as $0 or $1?
The consistent reporting of $0 or $1 in liabilities across all filings is unusual for an organization of this size and operational scope. It could indicate that the organization has very few outstanding debts or that certain types of liabilities are not being reported in a standard manner on the 990 forms, warranting further investigation.
What is the organization's primary source of funding?
While the filings show 'Revenue' figures, the consistent and significant gap between revenue and expenses suggests that the organization may be heavily reliant on investment income from its assets or other non-operating income sources not detailed in the provided summary, or is simply spending down its endowment.
How does Aria Foundation Inc. cover its operational deficits?
The organization appears to cover its operational deficits by drawing down its assets. Its assets have decreased by over $10 million from 2011 to 2023, while expenses have consistently exceeded revenue in every reported period.
Filing History
IRS 990 filing history for Aria Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Aria Foundation Inc's revenue has declined by 57%, moving from $1.6M to $684K. Total assets decreased by 32.5% over the same period, from $32.3M to $21.8M. Total functional expenses fell by 34%, from $3.4M to $2.2M. In its most recent filing year (2023), Aria Foundation Inc reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $1 in liabilities against $21.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $684K | $2.2M | $21.8M | $1 | — | View 990 |
| 2022 | $563K | $2.2M | $23.4M | $1 | — | View 990 |
| 2021 | $2.4M | $2.2M | $25.1M | $1 | — | View 990 |
| 2020 | $695K | $2.3M | $24.8M | $1 | — | View 990 |
| 2019 | $1.4M | $2.2M | $26.4M | $0 | — | View 990 |
| 2015 | $1.0M | $2.0M | $28.6M | $0 | — | View 990 |
| 2014 | $1.9M | $3.1M | $29.5M | $0 | — | View 990 |
| 2013 | $1.6M | $1.7M | $30.6M | $0 | — | View 990 |
| 2012 | $901K | $2.5M | $30.7M | $0 | — | View 990 |
| 2011 | $1.6M | $3.4M | $32.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $684K, expenses of $2.2M, and assets of $21.8M (revenue +21.5% year-over-year).
- 2022: Revenue of $563K, expenses of $2.2M, and assets of $23.4M (revenue -76.7% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.2M, and assets of $25.1M (revenue +248.4% year-over-year).
- 2020: Revenue of $695K, expenses of $2.3M, and assets of $24.8M (revenue -51.9% year-over-year).
- 2019: Revenue of $1.4M, expenses of $2.2M, and assets of $26.4M (revenue +40.1% year-over-year).
- 2015: Revenue of $1.0M, expenses of $2.0M, and assets of $28.6M (revenue -46.9% year-over-year).
- 2014: Revenue of $1.9M, expenses of $3.1M, and assets of $29.5M (revenue +24.4% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.7M, and assets of $30.6M (revenue +73.2% year-over-year).
- 2012: Revenue of $901K, expenses of $2.5M, and assets of $30.7M (revenue -43.4% year-over-year).
- 2011: Revenue of $1.6M, expenses of $3.4M, and assets of $32.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aria Foundation Inc:
Data Sources and Methodology
This transparency report for Aria Foundation 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.