Arkell Foundation Inc
Arkell Foundation consistently reports 0% officer compensation amidst growing assets and stable finances.
EIN: 141343077 · Canajoharie, NY · NTEE: P71 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $33.5M |
| Total Expenses | $2.7M |
| Program Spending | 90% |
| Net Assets | $71.8M |
| Transparency Score | 95/100 |
Is Arkell Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Arkell Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Arkell Foundation Inc
Arkell Foundation Inc (EIN: 141343077) is a nonprofit organization based in Canajoharie, NY, classified under NTEE code P71. The organization reported total revenue of $33.5M and total assets of $83.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arkell Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Arkell Foundation Inc is a large nonprofit that has been operating for 65 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $2.7M |
| Surplus / Deficit | +$517K |
| Total Assets | $71.9M |
| Total Liabilities | $135K |
| Net Assets | $71.8M |
| Operating Margin | 16.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 318.8 months |
Financial Health Grade: A
In 2023, Arkell Foundation Inc reported a surplus of $517K with revenue exceeding expenses, holds 318.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Arkell Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.5% | -31.9% | +2.1% |
| 2022 | -65.7% | +7.8% | -8.8% |
| 2021 | +48.7% | +30.1% | +9.8% |
| 2020 | +37.1% | +6.7% | +3.0% |
| 2019 | +12.4% | -9.1% | +25.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1961 |
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 Arkell Foundation Inc with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Arkell Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 surplus of $517K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The Arkell Foundation Inc. consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This is a highly unusual and positive finding, suggesting that leadership may be volunteer-based or compensated through other means not classified as officer compensation, allowing more resources to be directed towards the organization's 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.
Strengths
The following positive indicators were identified for Arkell Foundation Inc:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency in resource allocation.
- Steady growth in assets over the past decade, from $44,822,296 in 2011 to $71,947,283 in 2023.
- Revenue generally exceeds expenses, demonstrating sound financial management (e.g., $3,225,155 revenue vs. $2,708,339 expenses in 2023).
- Low liabilities relative to assets, indicating strong financial health and minimal debt burden.
- Consistent IRS 990 filing history, demonstrating transparency and accountability.
Frequently Asked Questions about Arkell Foundation Inc
Is Arkell Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Arkell Foundation Inc (EIN: 141343077) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Arkell Foundation Inc spend its money?
Arkell Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Arkell Foundation Inc tax-deductible?
Arkell Foundation Inc is registered as a tax-exempt nonprofit (EIN: 141343077). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Arkell Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Arkell Foundation Inc is above average for NTEE category P71 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Arkell Foundation Inc located?
Arkell Foundation Inc is headquartered in Canajoharie, New York and files with the IRS under EIN 141343077. It is classified under NTEE code P71.
How many years of IRS 990 filings does Arkell Foundation Inc have?
Arkell 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 $33.5M in total revenue.
Is Arkell Foundation Inc. financially stable?
Yes, the Arkell Foundation Inc. appears financially stable. Its assets have consistently grown, reaching $71,947,283 in 2023, and revenue has generally exceeded expenses in recent years, such as $3,225,155 in revenue against $2,708,339 in expenses in 2023.
How does Arkell Foundation Inc. manage executive compensation?
The Arkell Foundation Inc. consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no funds are used for executive salaries.
Has the organization's asset base grown over time?
Yes, the organization's assets have shown consistent growth, increasing from $44,822,296 in 2011 to $71,947,283 in 2023.
Filing History
IRS 990 filing history for Arkell Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Arkell Foundation Inc's revenue has grown by 79.5%, moving from $1.8M to $3.2M. Total assets increased by 60.5% over the same period, from $44.8M to $71.9M. Total functional expenses rose by 24.7%, from $2.2M to $2.7M. In its most recent filing year (2023), Arkell Foundation Inc reported a surplus of $517K, with revenue exceeding expenses. The organization holds $135K in liabilities against $71.9M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $71.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $2.7M | $71.9M | $135K | — | View 990 |
| 2022 | $2.5M | $4.0M | $70.5M | $869K | — | View 990 |
| 2021 | $7.4M | $3.7M | $77.3M | $185K | — | View 990 |
| 2020 | $5.0M | $2.8M | $70.4M | $265K | — | — |
| 2019 | $3.6M | $2.7M | $68.3M | $147K | — | View 990 |
| 2015 | $3.2M | $2.9M | $54.5M | $230K | — | View 990 |
| 2014 | $4.5M | $2.4M | $57.8M | $2.1M | — | View 990 |
| 2013 | $3.4M | $2.4M | $53.8M | $2.4M | — | View 990 |
| 2012 | $2.2M | $2.1M | $46.7M | $3.0M | — | View 990 |
| 2011 | $1.8M | $2.2M | $44.8M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $2.7M, and assets of $71.9M (revenue +27.5% year-over-year).
- 2022: Revenue of $2.5M, expenses of $4.0M, and assets of $70.5M (revenue -65.7% year-over-year).
- 2021: Revenue of $7.4M, expenses of $3.7M, and assets of $77.3M (revenue +48.7% year-over-year).
- 2020: Revenue of $5.0M, expenses of $2.8M, and assets of $70.4M (revenue +37.1% year-over-year).
- 2019: Revenue of $3.6M, expenses of $2.7M, and assets of $68.3M (revenue +12.4% year-over-year).
- 2015: Revenue of $3.2M, expenses of $2.9M, and assets of $54.5M (revenue -27.8% year-over-year).
- 2014: Revenue of $4.5M, expenses of $2.4M, and assets of $57.8M (revenue +29.7% year-over-year).
- 2013: Revenue of $3.4M, expenses of $2.4M, and assets of $53.8M (revenue +57.8% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.1M, and assets of $46.7M (revenue +21.3% year-over-year).
- 2011: Revenue of $1.8M, expenses of $2.2M, and assets of $44.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Arkell Foundation Inc:
Data Sources and Methodology
This transparency report for Arkell 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.