Daisy H Friedlander Charitable Foundation
Small Foundation with Declining Assets and Minimal Program Spending
EIN: 222966407 · Portland, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $26K |
| Total Expenses | $10K |
| Net Assets | $26K |
| Transparency Score | 20/100 |
Is Daisy H Friedlander Charitable Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Daisy H Friedlander Charitable Foundation
Daisy H Friedlander Charitable Foundation (EIN: 222966407) is a nonprofit organization based in Portland, ME. The organization reported total revenue of $26K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daisy H Friedlander Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daisy H Friedlander Charitable Foundation is a micro nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11K |
| Total Expenses | $10K |
| Surplus / Deficit | +$1K |
| Total Assets | $26K |
| Total Liabilities | $1 |
| Net Assets | $26K |
| Operating Margin | 12.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 32.7 months |
Financial Health Grade: A
In 2023, Daisy H Friedlander Charitable Foundation reported a surplus of $1K with revenue exceeding expenses, holds 32.7 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), Daisy H Friedlander Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1788.9% | +266.3% | +5.4% |
| 2022 | -93.4% | -76.9% | -5.1% |
| 2021 | +1682.8% | +265.1% | -9.0% |
| 2020 | -77.2% | +3.8% | -8.3% |
| 2019 | -59.7% | -15.8% | -23.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Daisy H Friedlander Charitable Foundation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Daisy H Friedlander Charitable Foundation allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, with 'c0%' indicating no compensation for officers, directors, trustees, or key employees.
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 Daisy H Friedlander Charitable Foundation's IRS 990 filings:
- Zero program spending reported in all available years, raising questions about charitable purpose.
- Assets have significantly declined from $41,077 in 2015 to $26,295 in 2023.
- Consistent reporting of 100% administrative expenses with no fundraising or program costs.
Strengths
The following positive indicators were identified for Daisy H Friedlander Charitable Foundation:
- No executive compensation reported, indicating a volunteer-run or very low-cost operational model.
Frequently Asked Questions about Daisy H Friedlander Charitable Foundation
Is Daisy H Friedlander Charitable Foundation a legitimate charity?
Daisy H Friedlander Charitable Foundation (EIN: 222966407) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 20/100. It has 10 years of IRS 990 filings on record. Total revenue: $26K. 3 red flags identified. 1 strength noted. Financial health grade: A.
How does Daisy H Friedlander Charitable Foundation spend its money?
Daisy H Friedlander Charitable Foundation reported $26K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Daisy H Friedlander Charitable Foundation tax-deductible?
Daisy H Friedlander Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 222966407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Daisy H Friedlander Charitable Foundation located?
Daisy H Friedlander Charitable Foundation is headquartered in Portland, Maine and files with the IRS under EIN 222966407.
How many years of IRS 990 filings does Daisy H Friedlander Charitable Foundation have?
Daisy H Friedlander Charitable 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 $26K in total revenue.
What does Daisy H Friedlander Charitable Foundation do?
Daisy H Friedlander Charitable Foundation is a nonprofit organization in the Unknown sector, located in Portland, Maine. It is classified under NTEE code Unknown.
How much revenue does Daisy H Friedlander Charitable Foundation have?
Daisy H Friedlander Charitable Foundation reported total revenue of $26,350. Based on 10 IRS 990 filings on record.
What are Daisy H Friedlander Charitable Foundation's total assets?
Daisy H Friedlander Charitable Foundation holds total assets of $40,361 as reported in IRS 990 filings.
Where is Daisy H Friedlander Charitable Foundation located?
Daisy H Friedlander Charitable Foundation is based in Portland, Maine.
What is Daisy H Friedlander Charitable Foundation's EIN?
Daisy H Friedlander Charitable Foundation's Employer Identification Number (EIN) is 222966407. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Daisy H Friedlander Charitable Foundation?
Daisy H Friedlander Charitable Foundation is classified under NTEE code Unknown (Unknown).
Is Daisy H Friedlander Charitable Foundation a registered 501(c)(3)?
Daisy H Friedlander Charitable Foundation appears in IRS records (EIN: 222966407). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Daisy H Friedlander Charitable Foundation file IRS Form 990?
Yes, Daisy H Friedlander Charitable Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Daisy H Friedlander Charitable Foundation's revenue in 2023?
In the 202312 filing period, Daisy H Friedlander Charitable Foundation reported total revenue of $11,012, total expenses of $9,653, and net assets of $26,295.
Is Daisy H Friedlander Charitable Foundation's revenue growing or declining?
Daisy H Friedlander Charitable Foundation's revenue is growing. Revenue went from $583 (202212) to $11,012 (202312), a +1788.9% change. Based on 10 filings on record.
What is Daisy H Friedlander Charitable Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Daisy H Friedlander Charitable Foundation covers tax period 202312. It shows revenue of $11,012, expenses of $9,653, total assets of $26,295, and liabilities of $1.
Is Daisy H Friedlander Charitable Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Daisy H Friedlander Charitable Foundation has notable concerns. Mission Score: 20/100 (Poor). 3 red flags identified. 1 strength noted.
What are the red flags for Daisy H Friedlander Charitable Foundation?
The following concerns were identified: Zero program spending reported in all available years, raising questions about charitable purpose.. Assets have significantly declined from $41,077 in 2015 to $26,295 in 2023.. Consistent reporting of 100% administrative expenses with no fundraising or program costs.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Daisy H Friedlander Charitable Foundation's strengths?
Positive indicators for Daisy H Friedlander Charitable Foundation include: No executive compensation reported, indicating a volunteer-run or very low-cost operational model.. These findings are derived from AI analysis of the organization's financial filings.
How does Daisy H Friedlander Charitable Foundation compensate executives?
Executive compensation is not reported in the provided data, with 'c0%' indicating no compensation for officers, directors, trustees, or key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent zero program spending and 100% administrative expenses, what is the actual charitable activity or purpose of the Daisy H Friedlander Charitable Foundation?
Based on the provided data, the foundation does not appear to engage in direct charitable program spending. Its expenditures are entirely administrative, suggesting it may serve as a holding entity or have a different operational model not reflected in typical program expense reporting.
Filing History
IRS 990 filing history for Daisy H Friedlander Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Daisy H Friedlander Charitable Foundation's revenue has grown by 848.5%, moving from $1K to $11K. Total assets decreased by 35.9% over the same period, from $41K to $26K. Total functional expenses rose by 543.5%, from $2K to $10K. In its most recent filing year (2023), Daisy H Friedlander Charitable Foundation reported a surplus of $1K, with revenue exceeding expenses. The organization holds $1 in liabilities against $26K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $10K | $26K | $1 | — | — |
| 2022 | $583 | $3K | $25K | $1 | — | View 990 |
| 2021 | $9K | $11K | $26K | $1 | — | — |
| 2020 | $494 | $3K | $29K | $1 | — | — |
| 2019 | $2K | $3K | $32K | $1 | — | — |
| 2015 | $5K | $4K | $41K | $1 | — | View 990 |
| 2014 | $-1,825 | $2K | $39K | $1 | — | View 990 |
| 2013 | $3K | $2K | $43K | $1 | — | View 990 |
| 2012 | $2K | $1K | $42K | $1 | — | View 990 |
| 2011 | $1K | $2K | $41K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $10K, and assets of $26K (revenue +1788.9% year-over-year).
- 2022: Revenue of $583, expenses of $3K, and assets of $25K (revenue -93.4% year-over-year).
- 2021: Revenue of $9K, expenses of $11K, and assets of $26K (revenue +1682.8% year-over-year).
- 2020: Revenue of $494, expenses of $3K, and assets of $29K (revenue -77.2% year-over-year).
- 2019: Revenue of $2K, expenses of $3K, and assets of $32K (revenue -59.7% year-over-year).
- 2015: Revenue of $5K, expenses of $4K, and assets of $41K.
- 2014: Revenue of $-1,825, expenses of $2K, and assets of $39K (revenue -167.4% year-over-year).
- 2013: Revenue of $3K, expenses of $2K, and assets of $43K (revenue +13.7% year-over-year).
- 2012: Revenue of $2K, expenses of $1K, and assets of $42K (revenue +105.0% year-over-year).
- 2011: Revenue of $1K, expenses of $2K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daisy H Friedlander Charitable Foundation:
Data Sources and Methodology
This transparency report for Daisy H Friedlander Charitable 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.