Beth B Anderson Family Foundation
Beth B Anderson Family Foundation consistently spends more than it earns, leading to a 36% decline in assets over a decade.
EIN: 204144214 · Florence, AL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $19K |
| Program Spending | 80% |
| Net Assets | $541K |
| Transparency Score | 65/100 |
Is Beth B Anderson Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beth B Anderson Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beth B Anderson Family Foundation
Beth B Anderson Family Foundation (EIN: 204144214) is a nonprofit organization based in Florence, AL, classified under NTEE code T20. The organization reported total revenue of $57K and total assets of $533K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beth B Anderson Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beth B Anderson Family Foundation 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 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $19K |
| Surplus / Deficit | $-11,373 |
| Total Assets | $542K |
| Total Liabilities | $495 |
| Net Assets | $541K |
| Operating Margin | -147.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 340.6 months |
Financial Health Grade: B
In 2023, Beth B Anderson Family Foundation reported a deficit of $11K with expenses exceeding revenue, holds 340.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Beth B Anderson Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.1% | -38.0% | -2.0% |
| 2022 | -56.7% | +25.7% | -2.9% |
| 2021 | +95.1% | -29.2% | -2.1% |
| 2020 | -31.0% | +90.1% | -3.0% |
| 2019 | +36.1% | -68.8% | -9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Beth B Anderson Family Foundation 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: 80%
- fundraising: 0%
According to IRS 990 filings, Beth B Anderson Family Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is a positive sign for a foundation of this size.
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 Beth B Anderson Family Foundation's IRS 990 filings:
- Consistent net operating deficits, with expenses frequently exceeding revenue (e.g., $19,093 expenses vs. $7,720 revenue in 2023).
- Significant decline in total assets over time, from $847,945 in 2011 to $541,945 in 2023, indicating a spend-down or unsustainable spending rate.
Strengths
The following positive indicators were identified for Beth B Anderson Family Foundation:
- No officer compensation reported (0% in all filings), indicating efficient use of funds at the executive level.
- Consistently low liabilities (often $1), suggesting strong financial solvency regarding debt.
- Consistent IRS 990 filing history over a decade, demonstrating transparency and compliance.
Frequently Asked Questions about Beth B Anderson Family Foundation
Is Beth B Anderson Family Foundation a legitimate charity?
Beth B Anderson Family Foundation (EIN: 204144214) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $57K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Beth B Anderson Family Foundation spend its money?
Beth B Anderson Family Foundation directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Beth B Anderson Family Foundation tax-deductible?
Beth B Anderson Family Foundation is registered as a tax-exempt nonprofit (EIN: 204144214). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Beth B Anderson Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Beth B Anderson Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Beth B Anderson Family Foundation located?
Beth B Anderson Family Foundation is headquartered in Florence, Alabama and files with the IRS under EIN 204144214. It is classified under NTEE code T20.
How many years of IRS 990 filings does Beth B Anderson Family Foundation have?
Beth B Anderson Family 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 $57K in total revenue.
Is the Beth B Anderson Family Foundation actively spending down its assets?
Yes, the consistent trend of expenses exceeding revenue and the decline in assets from $847,945 in 2011 to $541,945 in 2023 strongly suggest the foundation is spending down its principal.
What is the primary purpose of the foundation's expenses?
Given its NTEE code T20 (Private Grantmaking Foundations) and the absence of officer compensation, it is highly probable that the majority of expenses are directed towards grants and related administrative costs.
How does the foundation sustain its operations with consistent revenue deficits?
The foundation sustains operations by drawing from its asset base, as evidenced by the continuous decline in total assets over the past decade.
Filing History
IRS 990 filing history for Beth B Anderson Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Beth B Anderson Family Foundation's revenue has grown by 33.7%, moving from $6K to $8K. Total assets decreased by 36.1% over the same period, from $848K to $542K. Total functional expenses fell by 70.3%, from $64K to $19K. In its most recent filing year (2023), Beth B Anderson Family Foundation reported a deficit of $11K, with expenses exceeding revenue. The organization holds $495 in liabilities against $542K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $541K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $19K | $542K | $495 | — | — |
| 2022 | $14K | $31K | $553K | $1 | — | — |
| 2021 | $32K | $24K | $570K | $1 | — | — |
| 2020 | $17K | $35K | $582K | $1 | — | View 990 |
| 2019 | $24K | $18K | $600K | $1 | — | View 990 |
| 2015 | $18K | $58K | $659K | $1 | — | View 990 |
| 2014 | $17K | $69K | $700K | $1 | — | View 990 |
| 2013 | $10K | $46K | $751K | $1 | — | View 990 |
| 2012 | $3K | $65K | $786K | $1 | — | View 990 |
| 2011 | $6K | $64K | $848K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $19K, and assets of $542K (revenue -45.1% year-over-year).
- 2022: Revenue of $14K, expenses of $31K, and assets of $553K (revenue -56.7% year-over-year).
- 2021: Revenue of $32K, expenses of $24K, and assets of $570K (revenue +95.1% year-over-year).
- 2020: Revenue of $17K, expenses of $35K, and assets of $582K (revenue -31.0% year-over-year).
- 2019: Revenue of $24K, expenses of $18K, and assets of $600K (revenue +36.1% year-over-year).
- 2015: Revenue of $18K, expenses of $58K, and assets of $659K (revenue +2.1% year-over-year).
- 2014: Revenue of $17K, expenses of $69K, and assets of $700K (revenue +68.5% year-over-year).
- 2013: Revenue of $10K, expenses of $46K, and assets of $751K (revenue +201.3% year-over-year).
- 2012: Revenue of $3K, expenses of $65K, and assets of $786K (revenue -40.9% year-over-year).
- 2011: Revenue of $6K, expenses of $64K, and assets of $848K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beth B Anderson Family Foundation:
Data Sources and Methodology
This transparency report for Beth B Anderson Family 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.