D W Frankel Foundation Inc
D W Frankel Foundation maintains stable assets and zero officer compensation over a decade.
EIN: 132874447 · Miami, FL · Updated: 2026-03-28
Is D W Frankel Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
D W Frankel Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About D W Frankel Foundation Inc
D W Frankel Foundation Inc (EIN: 132874447) is a nonprofit organization based in Miami, FL. The organization reported total revenue of $2.9M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of D W Frankel Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
D W Frankel Foundation Inc is a mid-size nonprofit that has been operating for 50 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $436K |
| Total Expenses | $343K |
| Surplus / Deficit | +$93K |
| Total Assets | $4.8M |
| Total Liabilities | $1 |
| Net Assets | $4.8M |
| Operating Margin | 21.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 169.6 months |
Financial Health Grade: A
In 2023, D W Frankel Foundation Inc reported a surplus of $93K with revenue exceeding expenses, holds 169.6 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), D W Frankel Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.7% | -21.7% | +0.8% |
| 2022 | -37.9% | +14.6% | -1.6% |
| 2021 | +13.3% | -29.6% | +2.0% |
| 2020 | -42.1% | +13.0% | -0.7% |
| 2019 | +206.7% | +141.0% | +36.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
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 D W Frankel Foundation Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, D W Frankel Foundation Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $93K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The D W Frankel Foundation Inc has reported 0% officer compensation across all ten available IRS 990 filings, indicating that no salaries or other compensation were paid to its officers. This is highly unusual and suggests either a completely volunteer-run leadership or that compensation is handled through an external entity not reported on the 990, though the former is more likely 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.
Strengths
The following positive indicators were identified for D W Frankel Foundation Inc:
- Consistent asset growth, from $3.4M in 2011 to $4.8M in 2023, indicating strong financial management.
- Zero officer compensation reported across all ten filings, suggesting high operational efficiency and dedication of resources to mission.
- Generally operates with a revenue surplus, contributing to long-term financial stability.
- Low liabilities relative to assets, indicating a healthy balance sheet.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about D W Frankel Foundation Inc
Is D W Frankel Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, D W Frankel Foundation Inc (EIN: 132874447) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does D W Frankel Foundation Inc spend its money?
D W Frankel Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to D W Frankel Foundation Inc tax-deductible?
D W Frankel Foundation Inc is registered as a tax-exempt nonprofit (EIN: 132874447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is D W Frankel Foundation Inc a good charity?
Based on the financial data, the D W Frankel Foundation Inc exhibits strong financial health and efficiency. It consistently reports zero officer compensation, meaning all operational costs are likely administrative or program-related, without executive salaries. Its assets have grown steadily from $3.4 million in 2011 to $4.8 million in 2023, and it generally operates with a surplus, indicating sustainable financial management. As a private foundation, its 'goodness' would largely depend on the impact of its grant-making, which is not detailed in this summary, but its financial stewardship is commendable.
How does D W Frankel Foundation Inc manage its expenses?
The foundation manages its expenses very conservatively, notably by reporting 0% officer compensation across all available filings. This suggests a highly efficient or volunteer-driven administrative structure. Total expenses have fluctuated, for example, $342,913 in 2023 and $437,710 in 2022, but generally remain below revenue, allowing for asset growth. This indicates a focus on maintaining financial stability and growing its endowment.
What is the financial trend of D W Frankel Foundation Inc's assets?
The foundation's assets have shown a consistent upward trend over the past decade. Starting at $3,422,873 in 2011, assets grew to $4,845,365 by 2023, with a peak of $4,885,249 in 2021. This steady growth, despite some years with expenses exceeding revenue (e.g., 2022 and 2020), indicates effective investment management and overall financial health.
Filing History
IRS 990 filing history for D W Frankel Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), D W Frankel Foundation Inc's revenue has declined by 51.8%, moving from $905K to $436K. Total assets increased by 41.6% over the same period, from $3.4M to $4.8M. Total functional expenses rose by 56.1%, from $220K to $343K. In its most recent filing year (2023), D W Frankel Foundation Inc reported a surplus of $93K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $436K | $343K | $4.8M | $1 | — | — |
| 2022 | $326K | $438K | $4.8M | $52K | — | View 990 |
| 2021 | $524K | $382K | $4.9M | $21K | — | View 990 |
| 2020 | $463K | $543K | $4.8M | $69K | — | View 990 |
| 2019 | $799K | $480K | $4.8M | $24K | — | — |
| 2015 | $261K | $199K | $3.5M | $13K | — | View 990 |
| 2014 | $481K | $377K | $3.5M | $20K | — | View 990 |
| 2013 | $187K | $329K | $3.5M | $31K | — | View 990 |
| 2012 | $641K | $418K | $3.6M | $31K | — | View 990 |
| 2011 | $905K | $220K | $3.4M | $38K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $436K, expenses of $343K, and assets of $4.8M (revenue +33.7% year-over-year).
- 2022: Revenue of $326K, expenses of $438K, and assets of $4.8M (revenue -37.9% year-over-year).
- 2021: Revenue of $524K, expenses of $382K, and assets of $4.9M (revenue +13.3% year-over-year).
- 2020: Revenue of $463K, expenses of $543K, and assets of $4.8M (revenue -42.1% year-over-year).
- 2019: Revenue of $799K, expenses of $480K, and assets of $4.8M (revenue +206.7% year-over-year).
- 2015: Revenue of $261K, expenses of $199K, and assets of $3.5M (revenue -45.9% year-over-year).
- 2014: Revenue of $481K, expenses of $377K, and assets of $3.5M (revenue +156.9% year-over-year).
- 2013: Revenue of $187K, expenses of $329K, and assets of $3.5M (revenue -70.8% year-over-year).
- 2012: Revenue of $641K, expenses of $418K, and assets of $3.6M (revenue -29.2% year-over-year).
- 2011: Revenue of $905K, expenses of $220K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for D W Frankel Foundation Inc:
Data Sources and Methodology
This transparency report for D W Frankel 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.