Ausherman Family Foundation Inc
Ausherman Family Foundation consistently directs nearly all expenses to programs with no officer compensation.
EIN: 204937263 · Frederick, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.7M |
| Total Expenses | $2.1M |
| Program Spending | 100% |
| Net Assets | $19.6M |
| Transparency Score | 98/100 |
Is Ausherman Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ausherman Family Foundation Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ausherman Family Foundation Inc
Ausherman Family Foundation Inc (EIN: 204937263) is a nonprofit organization based in Frederick, MD, classified under NTEE code T22. The organization reported total revenue of $10.7M and total assets of $23.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ausherman Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ausherman Family Foundation Inc is a large nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-1,081,001 |
| Total Assets | $20.9M |
| Total Liabilities | $1.3M |
| Net Assets | $19.6M |
| Operating Margin | -105.0% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 118.8 months |
Financial Health Grade: B
In 2023, Ausherman Family Foundation Inc reported a deficit of $1.1M with expenses exceeding revenue, holds 118.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ausherman Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +131.7% | +4.3% | +0.0% |
| 2022 | -94.0% | +69.4% | -18.9% |
| 2021 | +239.1% | -60.3% | +29.0% |
| 2020 | +27.3% | -1.7% | -1.2% |
| 2019 | +64.3% | +120.3% | +33.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Ausherman Family Foundation Inc with a Mission Score of 98 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Ausherman Family Foundation Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 deficit of $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual and suggests a volunteer-driven leadership or that compensation is covered by other entities, enhancing its financial efficiency.
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 Ausherman Family Foundation Inc:
- Exceptional program spending ratio (99.9% in 2023)
- Zero officer compensation reported across all filings
- Strong and growing asset base ($20.9M in 2023)
- Very low administrative and fundraising expenses (0.1% admin, 0% fundraising in 2023)
- Consistent financial stability with low liabilities relative to assets
Frequently Asked Questions about Ausherman Family Foundation Inc
Is Ausherman Family Foundation Inc a legitimate charity?
Ausherman Family Foundation Inc (EIN: 204937263) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 98/100. It has 10 years of IRS 990 filings on record. Total revenue: $10.7M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Ausherman Family Foundation Inc spend its money?
Ausherman Family Foundation Inc directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ausherman Family Foundation Inc tax-deductible?
Ausherman Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204937263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ausherman Family Foundation Inc compare to similar nonprofits?
With a transparency score of 98/100 (Excellent), Ausherman Family Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ausherman Family Foundation Inc located?
Ausherman Family Foundation Inc is headquartered in Frederick, Maryland and files with the IRS under EIN 204937263. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ausherman Family Foundation Inc have?
Ausherman Family 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 $10.7M in total revenue.
Is Ausherman Family Foundation Inc. a good charity?
Based on its IRS 990 data, the Ausherman Family Foundation Inc. appears to be an excellent charity. It consistently allocates nearly 100% of its expenses to program services, as seen in 2023 where 99.9% of expenses were programmatic. This indicates exceptional efficiency and a strong focus on its mission.
How does Ausherman Family Foundation Inc. manage its administrative costs?
The foundation manages its administrative costs exceptionally well, reporting only 0.1% of expenses for management and general in 2023 and 0% for fundraising. This suggests extremely low overhead and a highly efficient operational model.
What is the trend in the foundation's assets?
The foundation's assets have shown a positive long-term trend, growing from $13,125,712 in 2011 to $20,899,943 in 2023, demonstrating financial growth and sustainability despite annual fluctuations in revenue.
Does the foundation pay its officers?
No, the foundation consistently reports 0% officer compensation across all available IRS 990 filings, indicating that its officers are not compensated directly by the foundation.
Filing History
IRS 990 filing history for Ausherman Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ausherman Family Foundation Inc's revenue has grown by 51.4%, moving from $680K to $1.0M. Total assets increased by 59.2% over the same period, from $13.1M to $20.9M. Total functional expenses rose by 391.5%, from $429K to $2.1M. In its most recent filing year (2023), Ausherman Family Foundation Inc reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $20.9M in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $19.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $2.1M | $20.9M | $1.3M | — | View 990 |
| 2022 | $444K | $2.0M | $20.9M | $1.3M | — | View 990 |
| 2021 | $7.4M | $1.2M | $25.8M | $1.3M | — | View 990 |
| 2020 | $2.2M | $3.0M | $20.0M | $2.1M | — | View 990 |
| 2019 | $1.7M | $3.1M | $20.2M | $871K | — | View 990 |
| 2015 | $1.0M | $1.4M | $15.2M | $173K | — | View 990 |
| 2014 | $1.3M | $623K | $14.2M | $182K | — | View 990 |
| 2013 | $1.2M | $984K | $13.5M | $189K | — | View 990 |
| 2012 | $1.2M | $1.0M | $13.2M | $22K | — | View 990 |
| 2011 | $680K | $429K | $13.1M | $169K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $2.1M, and assets of $20.9M (revenue +131.7% year-over-year).
- 2022: Revenue of $444K, expenses of $2.0M, and assets of $20.9M (revenue -94.0% year-over-year).
- 2021: Revenue of $7.4M, expenses of $1.2M, and assets of $25.8M (revenue +239.1% year-over-year).
- 2020: Revenue of $2.2M, expenses of $3.0M, and assets of $20.0M (revenue +27.3% year-over-year).
- 2019: Revenue of $1.7M, expenses of $3.1M, and assets of $20.2M (revenue +64.3% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.4M, and assets of $15.2M (revenue -20.0% year-over-year).
- 2014: Revenue of $1.3M, expenses of $623K, and assets of $14.2M (revenue +10.2% year-over-year).
- 2013: Revenue of $1.2M, expenses of $984K, and assets of $13.5M (revenue -3.1% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.0M, and assets of $13.2M (revenue +79.8% year-over-year).
- 2011: Revenue of $680K, expenses of $429K, and assets of $13.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ausherman Family Foundation Inc:
Data Sources and Methodology
This transparency report for Ausherman Family 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.