Aronson Family Foundation
Aronson Family Foundation maintains strong asset growth and zero reported officer compensation.
EIN: 133693381 · Westport, CT · Updated: 2026-03-28
Is Aronson Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Aronson Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Aronson Family Foundation
Aronson Family Foundation (EIN: 133693381) is a nonprofit organization based in Westport, CT. The organization reported total revenue of $3.2M and total assets of $10.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aronson Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Aronson Family Foundation is a mid-size nonprofit that has been operating for 33 years, with 9 years of IRS 990 filings on record (2011–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $840K |
| Surplus / Deficit | +$1.6M |
| Total Assets | $10.8M |
| Total Liabilities | $1 |
| Net Assets | $10.8M |
| Operating Margin | 66.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 154.9 months |
Financial Health Grade: A
In 2022, Aronson Family Foundation reported a surplus of $1.6M with revenue exceeding expenses, holds 154.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +75.5% | +3.2% | +51.8% |
| 2021 | +773.8% | +16.4% | +9.1% |
| 2020 | -91.4% | -1.9% | -7.6% |
| 2019 | +3055.5% | +474.4% | +27.0% |
| 2015 | +82.7% | -28.8% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Aronson Family Foundation with a Mission Score of 90 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, Aronson Family Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is exceptionally low for an organization with assets exceeding $10 million and annual revenues in the millions. This suggests that key leadership roles may be filled by volunteers or compensated through other entities, significantly reducing overhead.
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 Aronson Family Foundation's IRS 990 filings:
- Lack of detailed expense breakdown beyond total expenses
- Unusually low (0%) officer compensation, which might obscure how leadership is supported or compensated
Strengths
The following positive indicators were identified for Aronson Family Foundation:
- Strong and consistent asset growth, reaching $10,849,187 in 2022
- Zero reported officer compensation, indicating very low administrative overhead related to executive salaries
- Significant revenue growth in recent years, with $2,477,708 in 2022
- Minimal liabilities ($1 in recent years), indicating sound financial management
- Expenses consistently well below revenue in recent periods, allowing for asset accumulation
Frequently Asked Questions about Aronson Family Foundation
Is Aronson Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Aronson Family Foundation (EIN: 133693381) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Aronson Family Foundation spend its money?
Aronson Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Aronson Family Foundation tax-deductible?
Aronson Family Foundation is registered as a tax-exempt nonprofit (EIN: 133693381). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Aronson Family Foundation manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, which is highly unusual for a foundation of its size. This could indicate that officers are volunteers, compensated by a related entity, or that their compensation is categorized differently within the expenses, though the latter would be less transparent.
What are the primary program areas funded by the Aronson Family Foundation?
The provided IRS 990 data does not specify the NTEE code or detailed program descriptions, making it impossible to determine the primary program areas funded by the foundation from this information alone.
Given the significant revenue fluctuations, how stable is the foundation's funding?
While revenue has fluctuated significantly (e.g., $161,543 in 2020 to $2,477,708 in 2022), the foundation's assets have shown consistent growth, reaching over $10 million. This strong asset base provides a buffer against revenue volatility, indicating underlying financial stability.
Filing History
IRS 990 filing history for Aronson Family Foundation showing financial trends over 9 years of public records:
Total assets increased by 43.1% over the same period, from $7.6M to $10.8M. Total functional expenses rose by 39%, from $604K to $840K. In its most recent filing year (2022), Aronson Family Foundation reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $10.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.5M | $840K | $10.8M | $1 | — | View 990 |
| 2021 | $1.4M | $814K | $7.1M | $1 | — | View 990 |
| 2020 | $162K | $699K | $6.6M | $1 | — | View 990 |
| 2019 | $1.9M | $713K | $7.1M | $1 | — | — |
| 2015 | $60K | $124K | $5.6M | $0 | — | View 990 |
| 2014 | $33K | $174K | $5.6M | $0 | — | View 990 |
| 2013 | $17K | $1.2M | $5.8M | $0 | — | View 990 |
| 2012 | $39K | $656K | $7.0M | $0 | — | View 990 |
| 2011 | $-96,648 | $604K | $7.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.5M, expenses of $840K, and assets of $10.8M (revenue +75.5% year-over-year).
- 2021: Revenue of $1.4M, expenses of $814K, and assets of $7.1M (revenue +773.8% year-over-year).
- 2020: Revenue of $162K, expenses of $699K, and assets of $6.6M (revenue -91.4% year-over-year).
- 2019: Revenue of $1.9M, expenses of $713K, and assets of $7.1M (revenue +3055.5% year-over-year).
- 2015: Revenue of $60K, expenses of $124K, and assets of $5.6M (revenue +82.7% year-over-year).
- 2014: Revenue of $33K, expenses of $174K, and assets of $5.6M (revenue +89.5% year-over-year).
- 2013: Revenue of $17K, expenses of $1.2M, and assets of $5.8M (revenue -55.3% year-over-year).
- 2012: Revenue of $39K, expenses of $656K, and assets of $7.0M.
- 2011: Revenue of $-96,648, expenses of $604K, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Aronson Family Foundation:
Data Sources and Methodology
This transparency report for Aronson Family 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.