Augustine Foundation

Augustine Foundation consistently operates at a deficit, drawing down assets over the past decade.

EIN: 132997450 · Flushing, NY · Updated: 2026-03-28

$9.5MRevenue
$15.7MAssets
55/100Mission Score (Fair)
Augustine Foundation Financial Summary
MetricValue
Total Revenue$9.5M
Total Expenses$1.9M
Program Spending70%
Net Assets$16.0M
Transparency Score55/100

Search Intent Cockpit

Augustine Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Augustine Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Augustine Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $1.5M and expenses of $1.9M.

Revenue and Expenses

Augustine Foundation reported $1.5M in revenue and $1.9M in expenses, a deficit of $420K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

55/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.

Is Augustine Foundation Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Augustine Foundation Expense Deployment
Program services$1.3M (70%)

Across stored filings, Augustine Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Augustine Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 4 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade B10 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and category context

Trust Check

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Peer Benchmark

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70% of spending goes to programs.

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Augustine Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Augustine Foundation

Augustine Foundation (EIN: 132997450) is a nonprofit organization based in Flushing, NY. The organization reported total revenue of $9.5M and total assets of $15.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Augustine Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

46Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Augustine Foundation is a mid-size nonprofit that has been operating for 46 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.5M
Total Expenses$1.9M
Surplus / Deficit$-419,722
Total Assets$16.1M
Total Liabilities$27K
Net Assets$16.0M
Operating Margin-28.9%
Debt-to-Asset Ratio0.2%
Months of Reserves102.9 months

Financial Health Grade: B

In 2023, Augustine Foundation reported a deficit of $420K with expenses exceeding revenue, holds 102.9 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), Augustine Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-20.1%-7.6%-2.5%
2022-23.3%+14.8%-1.2%
2021+54.7%-4.8%+3.8%
2020+11.7%-0.2%-2.0%
2019+24.7%+42.2%-12.0%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1980

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Augustine Foundation exhibits a concerning trend of consistent operating deficits over the past several years, with expenses frequently exceeding revenue. For instance, in 2023, expenses were $1,872,144 against revenues of $1,452,422, and similar patterns are observed in 2022, 2020, 2019, and earlier periods. While the organization maintains substantial assets ($15,680,778 latest, though declining from $21,326,980 in 2011), this deficit spending is unsustainable long-term and suggests reliance on drawing down reserves or investment income, which isn't explicitly detailed as a primary revenue source. The lack of reported officer compensation across all filings indicates either a fully volunteer-run leadership or that compensation is reported under other expense categories, which could impact transparency regarding administrative costs. The organization's financial health appears to be in decline, as evidenced by the decreasing asset base over the past decade. Liabilities have fluctuated but remained relatively low compared to assets, except for a notable increase to $26,686 in 2022 and 2023. Without a breakdown of program, administrative, and fundraising expenses, it's difficult to assess spending efficiency accurately. However, the consistent operating losses are a significant concern for long-term viability and financial stability. The absence of reported officer compensation is a positive sign for minimizing overhead, assuming it's not hidden elsewhere, but the overall financial trend warrants closer scrutiny.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Augustine Foundation 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Augustine Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.5MTotal Revenue
$1.9MTotal Expenses
$16.1MTotal Assets
$27KTotal Liabilities
$16.0MNet Assets
  • The organization reported a deficit of $420K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.2%.

Executive Compensation Analysis

The Augustine Foundation consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led organization or that executive salaries are categorized under other expenses, which would reduce transparency.

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 Augustine Foundation's IRS 990 filings:

  • Consistent operating deficits (expenses exceeding revenue) over multiple years, e.g., $1.87M expenses vs. $1.45M revenue in 2023.
  • Declining asset base over the past decade, from $21.3M in 2011 to $15.6M currently, indicating unsustainable spending.
  • Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, hindering efficiency assessment.
  • Significant fluctuation in annual revenue without clear explanation of sources.

Strengths

The following positive indicators were identified for Augustine Foundation:

  • Relatively low liabilities compared to assets, indicating good balance sheet health in that regard.
  • No reported officer compensation, suggesting a commitment to minimizing executive overhead.

Frequently Asked Questions about Augustine Foundation

Is Augustine Foundation a legitimate charity?

Augustine Foundation (EIN: 132997450) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $9.5M. 4 red flags identified. 2 strengths noted. Financial health grade: B.

How does Augustine Foundation spend its money?

Augustine Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Augustine Foundation tax-deductible?

Augustine Foundation is registered as a tax-exempt nonprofit (EIN: 132997450). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Augustine Foundation's spending goes to programs?

Augustine Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

Where is Augustine Foundation located?

Augustine Foundation is headquartered in Flushing, New York and files with the IRS under EIN 132997450.

How many years of IRS 990 filings does Augustine Foundation have?

Augustine Foundation 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 $9.5M in total revenue.

Why has the Augustine Foundation consistently spent more than its revenue, leading to a decline in assets?

The filings show a pattern of expenses exceeding revenue in most years (e.g., $1.87M expenses vs. $1.45M revenue in 2023), resulting in a decrease in total assets from $21.3M in 2011 to $15.6M currently. This suggests the organization is drawing down its reserves or relying on investment income not fully captured as 'revenue' in these summaries.

What is the primary source of the Augustine Foundation's revenue, given its fluctuating nature?

The provided data shows revenue fluctuating significantly year-to-year (e.g., $2.3M in 2021 vs. $1.4M in 2023). Without detailed Schedule A or B from the 990, it's unclear if this comes from public support, grants, or investment income, making it difficult to assess funding stability.

How does the Augustine Foundation manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all filings is unusual for an organization with nearly $10 million in latest revenue and $15 million in assets. This could indicate a fully volunteer executive leadership or that compensation is reported under 'other salaries and wages' or 'professional fees' rather than specifically as officer compensation, which impacts transparency.

Filing History

IRS 990 filing history for Augustine Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Augustine Foundation's revenue has grown by 129.6%, moving from $632K to $1.5M. Total assets decreased by 24.7% over the same period, from $21.3M to $16.1M. Total functional expenses fell by 43.2%, from $3.3M to $1.9M. In its most recent filing year (2023), Augustine Foundation reported a deficit of $420K, with expenses exceeding revenue. The organization holds $27K in liabilities against $16.1M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $16.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.5M $1.9M $16.1M $27K
2022 $1.8M $2.0M $16.5M $27K View 990
2021 $2.4M $1.8M $16.7M $15K
2020 $1.5M $1.9M $16.1M $3K
2019 $1.4M $1.9M $16.4M $15K View 990
2015 $1.1M $1.3M $18.6M $11K View 990
2014 $914K $1.2M $18.8M $5K View 990
2013 $443K $820K $19.1M $5K View 990
2012 $1.4M $3.2M $19.4M $7K View 990
2011 $632K $3.3M $21.3M $4K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.5M, expenses of $1.9M, and assets of $16.1M (revenue -20.1% year-over-year).
  • 2022: Revenue of $1.8M, expenses of $2.0M, and assets of $16.5M (revenue -23.3% year-over-year).
  • 2021: Revenue of $2.4M, expenses of $1.8M, and assets of $16.7M (revenue +54.7% year-over-year).
  • 2020: Revenue of $1.5M, expenses of $1.9M, and assets of $16.1M (revenue +11.7% year-over-year).
  • 2019: Revenue of $1.4M, expenses of $1.9M, and assets of $16.4M (revenue +24.7% year-over-year).
  • 2015: Revenue of $1.1M, expenses of $1.3M, and assets of $18.6M (revenue +20.3% year-over-year).
  • 2014: Revenue of $914K, expenses of $1.2M, and assets of $18.8M (revenue +106.5% year-over-year).
  • 2013: Revenue of $443K, expenses of $820K, and assets of $19.1M (revenue -67.3% year-over-year).
  • 2012: Revenue of $1.4M, expenses of $3.2M, and assets of $19.4M (revenue +114.3% year-over-year).
  • 2011: Revenue of $632K, expenses of $3.3M, and assets of $21.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Augustine Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Augustine 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.

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