Awlj Foundation Inc

Awlj Foundation consistently spends more than it earns, relying on substantial assets to cover deficits.

EIN: 203369735 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28

$34KRevenue
$1.4MAssets
65/100Mission Score (Good)
T22
Awlj Foundation Inc Financial Summary
MetricValue
Total Revenue$34K
Total Expenses$45K
Program Spending70%
CEO/Top Officer Pay$1.4
Net Assets$1.4M
Transparency Score65/100

Is Awlj Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

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

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

About Awlj Foundation Inc

Awlj Foundation Inc (EIN: 203369735) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $34K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Awlj Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
MicroSize Classification
10Years of Filings
MixedRevenue Trajectory

Awlj Foundation Inc is a micro 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 -6.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$11K
Total Expenses$45K
Surplus / Deficit$-34,490
Total Assets$1.4M
Total Liabilities$1
Net Assets$1.4M
Operating Margin-317.1%
Debt-to-Asset Ratio0.0%
Months of Reserves379.0 months

Financial Health Grade: B

In 2023, Awlj Foundation Inc reported a deficit of $34K with expenses exceeding revenue, holds 379.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Awlj Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-59.8%+92.5%-2.4%
2022+425.4%+16.9%-3.0%
2021-88.1%-9.0%+2.2%
2020-20.0%-62.1%+1.4%
2019+6.0%-27.7%-4.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

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

AI Transparency Report

The Awlj Foundation Inc. exhibits a consistent pattern of operating at a deficit, with expenses frequently exceeding revenue over the past decade. For instance, in 2023, the organization reported revenues of $10,878 against expenses of $45,368, indicating a significant operational shortfall. This trend is also evident in 2021, where revenue was $5,144 compared to expenses of $20,163. Despite these operational deficits, the organization maintains substantial assets, currently at $1,407,930, which suggests it may be drawing from an endowment or investment principal to cover its expenses. The liabilities have remained consistently low, typically $1, with the exception of 2021 ($48,217), indicating a generally healthy balance sheet in terms of debt. The financial health of the Awlj Foundation Inc. appears stable due to its significant asset base, which seems to absorb the recurring operational deficits. However, the consistent spending beyond its annual revenue generation raises questions about the long-term sustainability of its funding model if it relies heavily on drawing down its principal. The lack of reported officer compensation across all filings suggests a volunteer-led or minimally compensated leadership structure, which can be a positive indicator of efficiency. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it is challenging to fully assess spending efficiency and program focus. The organization's transparency regarding executive compensation is high, as none is reported.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Awlj Foundation Inc with a Mission Score of 65 out of 100 (Good). 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, Awlj Foundation Inc 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:

$11KTotal Revenue
$45KTotal Expenses
$1.4MTotal Assets
$1Total Liabilities
$1.4MNet Assets
  • The organization reported a deficit of $34K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

No officer compensation has been reported across all ten filings, indicating a volunteer-led organization or one with very low executive salaries relative to its asset base of over $1.4 million.

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 Awlj Foundation Inc's IRS 990 filings:

  • Consistent operational deficits, with expenses frequently exceeding revenue (e.g., 2023: $45,368 expenses vs. $10,878 revenue).
  • Potential reliance on drawing down asset principal to cover annual expenses, which could impact long-term sustainability.
  • Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.

Strengths

The following positive indicators were identified for Awlj Foundation Inc:

  • Substantial asset base ($1,407,930) provides financial stability despite operational deficits.
  • Consistently low liabilities (typically $1) indicate minimal debt burden.
  • No reported officer compensation across all filings suggests efficient use of funds at the leadership level.

Frequently Asked Questions about Awlj Foundation Inc

Is Awlj Foundation Inc a legitimate charity?

Awlj Foundation Inc (EIN: 203369735) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $34K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Awlj Foundation Inc spend its money?

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

Are donations to Awlj Foundation Inc tax-deductible?

Awlj Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203369735). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Awlj Foundation Inc CEO make?

Awlj Foundation Inc's highest-compensated officer earns $1.4 annually. The organization reported $34K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Awlj Foundation Inc's spending goes to programs?

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

How does Awlj Foundation Inc compare to similar nonprofits?

With a transparency score of 65/100 (Good), Awlj 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 Awlj Foundation Inc located?

Awlj Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 203369735. It is classified under NTEE code T22.

How many years of IRS 990 filings does Awlj Foundation Inc have?

Awlj 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 $34K in total revenue.

How does Awlj Foundation Inc. cover its consistent operational deficits?

The organization consistently reports expenses exceeding revenue (e.g., $45,368 expenses vs. $10,878 revenue in 2023), suggesting it likely draws from its substantial asset base, which currently stands at $1,407,930, to cover these shortfalls.

What is the long-term sustainability of the Awlj Foundation's financial model?

Given the recurring operational deficits and reliance on assets, the long-term sustainability depends on the growth and management of its investment principal. Continuous spending beyond revenue could eventually deplete its asset base if not managed carefully.

What are the specific program activities funded by Awlj Foundation Inc.?

The provided data does not detail the specific program activities or a breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess the nature of its charitable work.

Filing History

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

Over 10 years of IRS 990 filings (2011–2023), Awlj Foundation Inc's revenue has declined by 54.6%, moving from $24K to $11K. Total assets decreased by 13.1% over the same period, from $1.6M to $1.4M. Total functional expenses rose by 119.5%, from $21K to $45K. In its most recent filing year (2023), Awlj Foundation Inc reported a deficit of $34K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $11K $45K $1.4M $1 View 990
2022 $27K $24K $1.5M $1 View 990
2021 $5K $20K $1.5M $48K
2020 $43K $22K $1.5M $1 View 990
2019 $54K $58K $1.5M $1 View 990
2015 $51K $81K $1.5M $1 View 990
2014 $48K $78K $1.6M $1 View 990
2013 $34K $72K $1.6M $1 View 990
2012 $45K $68K $1.6M $1 View 990
2011 $24K $21K $1.6M $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $11K, expenses of $45K, and assets of $1.4M (revenue -59.8% year-over-year).
  • 2022: Revenue of $27K, expenses of $24K, and assets of $1.5M (revenue +425.4% year-over-year).
  • 2021: Revenue of $5K, expenses of $20K, and assets of $1.5M (revenue -88.1% year-over-year).
  • 2020: Revenue of $43K, expenses of $22K, and assets of $1.5M (revenue -20.0% year-over-year).
  • 2019: Revenue of $54K, expenses of $58K, and assets of $1.5M (revenue +6.0% year-over-year).
  • 2015: Revenue of $51K, expenses of $81K, and assets of $1.5M (revenue +5.4% year-over-year).
  • 2014: Revenue of $48K, expenses of $78K, and assets of $1.6M (revenue +43.2% year-over-year).
  • 2013: Revenue of $34K, expenses of $72K, and assets of $1.6M (revenue -25.8% year-over-year).
  • 2012: Revenue of $45K, expenses of $68K, and assets of $1.6M (revenue +89.5% year-over-year).
  • 2011: Revenue of $24K, expenses of $21K, and assets of $1.6M.

View Individual Filing Years

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

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 Awlj 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.

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