Assumption Foundation For K 12 Schools
EIN: 237311256 · Milwaukee, WI
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $292K |
| Net Assets | $7.3M |
Is Assumption Foundation For K 12 Schools Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Assumption Foundation For K 12 Schools
Assumption Foundation For K 12 Schools (EIN: 237311256) is a nonprofit organization based in Milwaukee, WI. The organization reported total revenue of $2.5M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Assumption Foundation For K 12 Schools's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Assumption Foundation For K 12 Schools is a mid-size nonprofit that has been operating for 53 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $783K |
| Total Expenses | $292K |
| Surplus / Deficit | +$491K |
| Total Assets | $7.3M |
| Net Assets | $7.3M |
| Operating Margin | 62.8% |
| Months of Reserves | 302.0 months |
Financial Health Grade: A
In 2023, Assumption Foundation For K 12 Schools reported a surplus of $491K with revenue exceeding expenses, holds 302.0 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Assumption Foundation For K 12 Schools's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.7% | +78.2% | +8.8% |
| 2022 | +8.1% | -73.6% | +13.3% |
| 2019 | -35.7% | +39.1% | -1.2% |
| 2018 | -5.8% | -28.5% | +9.6% |
| 2017 | +41.8% | +16.6% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Assumption Foundation For K 12 Schools has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Assumption Foundation For K 12 Schools with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $491K, with revenue exceeding expenses.
Frequently Asked Questions about Assumption Foundation For K 12 Schools
Is Assumption Foundation For K 12 Schools a legitimate charity?
Assumption Foundation For K 12 Schools (EIN: 237311256) is a registered tax-exempt nonprofit based in Wisconsin. It has 11 years of IRS 990 filings on record. Total revenue: $2.5M. No red flags identified. Financial health grade: A.
How does Assumption Foundation For K 12 Schools spend its money?
Assumption Foundation For K 12 Schools reported $2.5M in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Assumption Foundation For K 12 Schools tax-deductible?
Assumption Foundation For K 12 Schools is registered as a tax-exempt nonprofit (EIN: 237311256). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Assumption Foundation For K 12 Schools located?
Assumption Foundation For K 12 Schools is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 237311256.
How many years of IRS 990 filings does Assumption Foundation For K 12 Schools have?
Assumption Foundation For K 12 Schools 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 $2.5M in total revenue.
Filing History
IRS 990 filing history for Assumption Foundation For K 12 Schools showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Assumption Foundation For K 12 Schools's revenue has grown by 12.3%, moving from $697K to $783K. Total assets increased by 81.3% over the same period, from $4.0M to $7.3M. Total functional expenses fell by 62.2%, from $772K to $292K. In its most recent filing year (2023), Assumption Foundation For K 12 Schools reported a surplus of $491K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $783K | $292K | $7.3M | $0 | — | — |
| 2022 | $618K | $164K | $6.7M | $0 | — | View 990 |
| 2019 | $572K | $619K | $6.0M | $0 | — | View 990 |
| 2018 | $890K | $445K | $6.0M | $0 | — | View 990 |
| 2017 | $946K | $623K | $5.5M | $0 | — | View 990 |
| 2016 | $667K | $534K | $5.3M | $0 | — | View 990 |
| 2015 | $647K | $645K | $5.1M | $0 | — | View 990 |
| 2014 | $810K | $699K | $5.1M | $0 | — | View 990 |
| 2013 | $1.9M | $768K | $5.0M | $0 | — | View 990 |
| 2012 | $760K | $764K | $4.1M | $0 | — | View 990 |
| 2011 | $697K | $772K | $4.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $783K, expenses of $292K, and assets of $7.3M (revenue +26.7% year-over-year).
- 2022: Revenue of $618K, expenses of $164K, and assets of $6.7M (revenue +8.1% year-over-year).
- 2019: Revenue of $572K, expenses of $619K, and assets of $6.0M (revenue -35.7% year-over-year).
- 2018: Revenue of $890K, expenses of $445K, and assets of $6.0M (revenue -5.8% year-over-year).
- 2017: Revenue of $946K, expenses of $623K, and assets of $5.5M (revenue +41.8% year-over-year).
- 2016: Revenue of $667K, expenses of $534K, and assets of $5.3M (revenue +3.0% year-over-year).
- 2015: Revenue of $647K, expenses of $645K, and assets of $5.1M (revenue -20.2% year-over-year).
- 2014: Revenue of $810K, expenses of $699K, and assets of $5.1M (revenue -56.3% year-over-year).
- 2013: Revenue of $1.9M, expenses of $768K, and assets of $5.0M (revenue +144.4% year-over-year).
- 2012: Revenue of $760K, expenses of $764K, and assets of $4.1M (revenue +9.0% year-over-year).
- 2011: Revenue of $697K, expenses of $772K, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Assumption Foundation For K 12 Schools:
Data Sources and Methodology
This transparency report for Assumption Foundation For K 12 Schools 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.