Athenaaz Foundation
EIN: 812571625 · Glendale, AZ · NTEE: T03
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $45K |
| Net Assets | $8K |
Is Athenaaz Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Athenaaz Foundation
Athenaaz Foundation (EIN: 812571625) is a nonprofit organization based in Glendale, AZ, classified under NTEE code T03. The organization reported total revenue of $17K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Athenaaz Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Athenaaz Foundation is a micro nonprofit that has been operating for 9 years, with 2 years of IRS 990 filings on record (2020–2021). Revenue has grown at a compound annual rate of -68.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $45K |
| Surplus / Deficit | $-28,465 |
| Total Assets | $8K |
| Net Assets | $8K |
| Operating Margin | -168.2% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2021, Athenaaz Foundation reported a deficit of $28K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2020–2021), Athenaaz Foundation's revenue has declined at a compound annual growth rate (CAGR) of -68.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -68.5% | -23.9% | -79.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Athenaaz Foundation 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 Athenaaz Foundation 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $28K, with expenses exceeding revenue.
Frequently Asked Questions about Athenaaz Foundation
Is Athenaaz Foundation a legitimate charity?
Athenaaz Foundation (EIN: 812571625) is a registered tax-exempt nonprofit based in Arizona. It has 2 years of IRS 990 filings on record. Total revenue: $17K. No red flags identified. Financial health grade: C.
How does Athenaaz Foundation spend its money?
Athenaaz Foundation reported $17K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Athenaaz Foundation tax-deductible?
Athenaaz Foundation is registered as a tax-exempt nonprofit (EIN: 812571625). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Athenaaz Foundation located?
Athenaaz Foundation is headquartered in Glendale, Arizona and files with the IRS under EIN 812571625. It is classified under NTEE code T03.
How many years of IRS 990 filings does Athenaaz Foundation have?
Athenaaz Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $17K in total revenue.
Filing History
IRS 990 filing history for Athenaaz Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2020–2021), Athenaaz Foundation's revenue has declined by 68.5%, moving from $54K to $17K. Total assets decreased by 79% over the same period, from $36K to $8K. Total functional expenses fell by 23.9%, from $60K to $45K. In its most recent filing year (2021), Athenaaz Foundation reported a deficit of $28K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $17K | $45K | $8K | $0 | — | — |
| 2020 | $54K | $60K | $36K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Athenaaz Foundation:
Data Sources and Methodology
This transparency report for Athenaaz 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.