David Aronow Foundation Inc
David Aronow Foundation maintains over $1 million in assets with no officer compensation and fluctuating annual revenues.
EIN: 136161452 · Bethesda, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $326K |
| Total Expenses | $113K |
| Program Spending | 80% |
| Net Assets | $933K |
| Transparency Score | 75/100 |
Is David Aronow Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David Aronow Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David Aronow Foundation Inc
David Aronow Foundation Inc (EIN: 136161452) is a nonprofit organization based in Bethesda, MD. The organization reported total revenue of $326K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David Aronow Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David Aronow Foundation Inc is a small nonprofit that has been operating for 78 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $113K |
| Surplus / Deficit | $-38,048 |
| Total Assets | $933K |
| Total Liabilities | $1 |
| Net Assets | $933K |
| Operating Margin | -51.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 99.4 months |
Financial Health Grade: B
In 2023, David Aronow Foundation Inc reported a deficit of $38K with expenses exceeding revenue, holds 99.4 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), David Aronow Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.0% | +52.4% | -4.0% |
| 2022 | +776.6% | +62.3% | +0.6% |
| 2021 | -93.8% | -11.7% | -3.6% |
| 2020 | +73.5% | -29.1% | +10.4% |
| 2019 | +66.5% | -3.8% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1948 |
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 David Aronow Foundation Inc 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, David Aronow Foundation Inc 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 $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is a strong positive for resource allocation.
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 David Aronow Foundation Inc's IRS 990 filings:
- Unknown NTEE code limits understanding of mission
- Revenue frequently less than expenses, indicating reliance on asset drawdowns or other non-operating income
Strengths
The following positive indicators were identified for David Aronow Foundation Inc:
- Consistent asset base over $900,000, indicating financial stability
- Zero officer compensation reported across all filings, suggesting efficient use of funds at the executive level
- Very low liabilities, consistently around $1-$403, indicating strong financial management
- Consistent IRS 990 filing history, demonstrating transparency in reporting
Frequently Asked Questions about David Aronow Foundation Inc
Is David Aronow Foundation Inc a legitimate charity?
David Aronow Foundation Inc (EIN: 136161452) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $326K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does David Aronow Foundation Inc spend its money?
David Aronow Foundation Inc directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to David Aronow Foundation Inc tax-deductible?
David Aronow Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136161452). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is David Aronow Foundation Inc located?
David Aronow Foundation Inc is headquartered in Bethesda, Maryland and files with the IRS under EIN 136161452.
How many years of IRS 990 filings does David Aronow Foundation Inc have?
David Aronow 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 $326K in total revenue.
What is the specific mission and program focus of the David Aronow Foundation Inc.?
The NTEE code is unknown, making it difficult to ascertain the specific mission and program focus from the provided data. Further investigation into their public records or website would be necessary.
Why does the organization frequently report negative or very low revenue?
The fluctuating and often low or negative revenue, such as -$19,357 in 2012, suggests the organization may primarily operate as a private foundation, distributing grants from an endowment rather than relying on public donations or significant program service revenue.
What are the primary categories of expenses for the foundation?
While total expenses are provided (e.g., $112,711 in 2023), the detailed breakdown of these expenses into program services, administrative, and fundraising costs is not available in the provided summary. However, the absence of officer compensation suggests administrative costs related to salaries are minimal.
Filing History
IRS 990 filing history for David Aronow Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), David Aronow Foundation Inc's revenue has grown by 153.7%, moving from $29K to $75K. Total assets decreased by 17.2% over the same period, from $1.1M to $933K. Total functional expenses rose by 62.5%, from $69K to $113K. In its most recent filing year (2023), David Aronow Foundation Inc reported a deficit of $38K, with expenses exceeding revenue. The organization holds $1 in liabilities against $933K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $933K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75K | $113K | $933K | $1 | — | — |
| 2022 | $79K | $74K | $972K | $403 | — | View 990 |
| 2021 | $9K | $46K | $966K | $105 | — | View 990 |
| 2020 | $146K | $52K | $1.0M | $1 | — | View 990 |
| 2019 | $84K | $73K | $908K | $1 | — | — |
| 2015 | $51K | $76K | $928K | $1 | — | View 990 |
| 2014 | $49K | $62K | $954K | $402 | — | View 990 |
| 2013 | $6K | $74K | $967K | $1 | — | View 990 |
| 2012 | $-19,357 | $73K | $1.0M | $1 | — | View 990 |
| 2011 | $29K | $69K | $1.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75K, expenses of $113K, and assets of $933K (revenue -6.0% year-over-year).
- 2022: Revenue of $79K, expenses of $74K, and assets of $972K (revenue +776.6% year-over-year).
- 2021: Revenue of $9K, expenses of $46K, and assets of $966K (revenue -93.8% year-over-year).
- 2020: Revenue of $146K, expenses of $52K, and assets of $1.0M (revenue +73.5% year-over-year).
- 2019: Revenue of $84K, expenses of $73K, and assets of $908K (revenue +66.5% year-over-year).
- 2015: Revenue of $51K, expenses of $76K, and assets of $928K (revenue +3.5% year-over-year).
- 2014: Revenue of $49K, expenses of $62K, and assets of $954K (revenue +761.4% year-over-year).
- 2013: Revenue of $6K, expenses of $74K, and assets of $967K.
- 2012: Revenue of $-19,357, expenses of $73K, and assets of $1.0M (revenue -165.8% year-over-year).
- 2011: Revenue of $29K, expenses of $69K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David Aronow Foundation Inc:
Data Sources and Methodology
This transparency report for David Aronow 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.