Citrin Family Foundation
Citrin Family Foundation reports negative revenue and significant expenses in latest filing, continuing a trend of fluctuating financial performance.
EIN: 203144815 · Aspen, CO · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $833K |
| Program Spending | 90% |
| Net Assets | $3.3M |
| Transparency Score | 75/100 |
Is Citrin Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Citrin Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Citrin Family Foundation
Citrin Family Foundation (EIN: 203144815) is a nonprofit organization based in Aspen, CO, classified under NTEE code T22. The organization reported total revenue of $2.3M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Citrin Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Citrin Family Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2012–2024).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -154.5% | +14.1% | -22.5% |
| 2023 | -33.6% | +6.3% | -6.3% |
| 2022 | -61.9% | +56.0% | -0.6% |
| 2021 | +193.0% | -45.3% | +37.5% |
| 2020 | +277.9% | +77.6% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Citrin Family Foundation with a Mission Score of 75 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Citrin Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
The Citrin Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly efficient for a nonprofit of its 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 Citrin Family Foundation's IRS 990 filings:
- Negative revenue of $-237,873 in the latest filing (202406) is a significant concern.
- Expenses ($833,195) significantly exceeded revenue ($-237,873) in the most recent period, leading to a substantial deficit.
Strengths
The following positive indicators were identified for Citrin Family Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
- Long-term growth in assets, from $1,523,908 in 2012 to $3,400,741 in 2024, demonstrating financial growth over time.
- As a private foundation (NTEE T22), its primary focus is grantmaking, directly supporting other charitable causes.
Frequently Asked Questions about Citrin Family Foundation
Is Citrin Family Foundation a legitimate charity?
Citrin Family Foundation (EIN: 203144815) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Citrin Family Foundation spend its money?
Citrin Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Citrin Family Foundation tax-deductible?
Citrin Family Foundation is registered as a tax-exempt nonprofit (EIN: 203144815). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Citrin Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Citrin Family Foundation 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 Citrin Family Foundation located?
Citrin Family Foundation is headquartered in Aspen, Colorado and files with the IRS under EIN 203144815. It is classified under NTEE code T22.
How many years of IRS 990 filings does Citrin Family Foundation have?
Citrin 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 $2.3M in total revenue.
What caused the negative revenue of $-237,873 in the 202406 period?
The provided data does not specify the cause of the negative revenue. This could be due to investment losses, significant asset write-downs, or other non-operating income adjustments.
How does the foundation ensure its long-term financial stability given recent revenue fluctuations?
While assets have grown over the long term, the recent negative revenue and high expenses in 202406 suggest a need to review the foundation's investment strategy and spending policies to ensure sustainability.
What is the specific breakdown of program vs. administrative expenses?
The provided summary data does not offer a detailed breakdown of program versus administrative expenses. A full IRS Form 990 would be needed to ascertain this information.
Filing History
IRS 990 filing history for Citrin Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Citrin Family Foundation's revenue has declined by 125.4%, moving from $935K to $-237,873. Total assets increased by 123.2% over the same period, from $1.5M to $3.4M. Total functional expenses rose by 33.8%, from $623K to $833K. The organization holds $86K in liabilities against $3.4M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $-237,873 | $833K | $3.4M | $86K | — | — |
| 2023 | $437K | $730K | $4.4M | $1 | — | View 990 |
| 2022 | $658K | $687K | $4.7M | $1 | — | View 990 |
| 2021 | $1.7M | $440K | $4.7M | $1 | — | View 990 |
| 2020 | $588K | $806K | $3.4M | $1 | — | View 990 |
| 2016 | $156K | $454K | $2.9M | $1 | — | View 990 |
| 2015 | $1.3M | $522K | $3.2M | $0 | — | View 990 |
| 2014 | $693K | $324K | $2.4M | $0 | — | View 990 |
| 2013 | $936K | $504K | $2.0M | $0 | — | View 990 |
| 2012 | $935K | $623K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $-237,873, expenses of $833K, and assets of $3.4M (revenue -154.5% year-over-year).
- 2023: Revenue of $437K, expenses of $730K, and assets of $4.4M (revenue -33.6% year-over-year).
- 2022: Revenue of $658K, expenses of $687K, and assets of $4.7M (revenue -61.9% year-over-year).
- 2021: Revenue of $1.7M, expenses of $440K, and assets of $4.7M (revenue +193.0% year-over-year).
- 2020: Revenue of $588K, expenses of $806K, and assets of $3.4M (revenue +277.9% year-over-year).
- 2016: Revenue of $156K, expenses of $454K, and assets of $2.9M (revenue -88.1% year-over-year).
- 2015: Revenue of $1.3M, expenses of $522K, and assets of $3.2M (revenue +88.2% year-over-year).
- 2014: Revenue of $693K, expenses of $324K, and assets of $2.4M (revenue -26.0% year-over-year).
- 2013: Revenue of $936K, expenses of $504K, and assets of $2.0M (revenue +0.1% year-over-year).
- 2012: Revenue of $935K, expenses of $623K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Citrin Family Foundation:
Data Sources and Methodology
This transparency report for Citrin 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.