Edlis Neeson Foundation Nfp
Edlis Neeson Foundation Nfp shows strong asset base and zero executive compensation amidst volatile revenue.
EIN: 208986573 · Chicago, IL · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $13 |
| Net Assets | $14.8M |
| Transparency Score | 85/100 |
Is Edlis Neeson Foundation Nfp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edlis Neeson Foundation Nfp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edlis Neeson Foundation Nfp
Edlis Neeson Foundation Nfp (EIN: 208986573) is a nonprofit organization based in Chicago, IL, classified under NTEE code T20. The organization reported total revenue of $1.2M and total assets of $14.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edlis Neeson Foundation Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edlis Neeson Foundation Nfp is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -525.8% | +62.3% | -11.1% |
| 2022 | -99.6% | +9.5% | -6.0% |
| 2021 | +19125.8% | -14.4% | +39.8% |
| 2020 | -98.7% | +60.1% | -8.2% |
| 2019 | +3810.3% | -87.5% | -45.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Edlis Neeson Foundation Nfp 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Edlis Neeson Foundation Nfp allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% of expenses across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a foundation of its size with assets exceeding $13 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Edlis Neeson Foundation Nfp's IRS 990 filings:
- Highly volatile revenue, including negative revenue in 2023 ($-94,895), which could indicate reliance on unpredictable investment returns or significant losses in a given year.
Strengths
The following positive indicators were identified for Edlis Neeson Foundation Nfp:
- Consistently reports 0% officer compensation, demonstrating a strong commitment to mission-focused spending.
- Maintains a very strong asset base ($13,992,908 latest, with historical highs over $30M) with minimal liabilities, indicating excellent financial stability.
- Low administrative and fundraising costs, suggesting efficient operations for a grant-making foundation.
Frequently Asked Questions about Edlis Neeson Foundation Nfp
Is Edlis Neeson Foundation Nfp a legitimate charity?
Edlis Neeson Foundation Nfp (EIN: 208986573) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Edlis Neeson Foundation Nfp spend its money?
Edlis Neeson Foundation Nfp directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Edlis Neeson Foundation Nfp tax-deductible?
Edlis Neeson Foundation Nfp is registered as a tax-exempt nonprofit (EIN: 208986573). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Edlis Neeson Foundation Nfp CEO make?
Edlis Neeson Foundation Nfp's highest-compensated officer earns $13 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Edlis Neeson Foundation Nfp's spending goes to programs?
Edlis Neeson Foundation Nfp directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Edlis Neeson Foundation Nfp compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Edlis Neeson Foundation Nfp 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 Edlis Neeson Foundation Nfp located?
Edlis Neeson Foundation Nfp is headquartered in Chicago, Illinois and files with the IRS under EIN 208986573. It is classified under NTEE code T20.
How many years of IRS 990 filings does Edlis Neeson Foundation Nfp have?
Edlis Neeson Foundation Nfp 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 $1.2M in total revenue.
What is the primary source of the Edlis Neeson Foundation Nfp's revenue given its high volatility?
The highly volatile revenue figures, including negative revenue in 2023, suggest that the foundation's income is likely heavily dependent on investment performance, capital gains, or large, infrequent contributions rather than consistent operational income.
How does the foundation manage its expenses given the significant fluctuations in revenue?
Despite revenue fluctuations, the foundation's expenses have generally remained within a manageable range relative to its asset base, indicating a strategic approach to spending that likely prioritizes long-term grant commitments and asset preservation.
What is the foundation's strategy for maintaining its substantial asset base?
With assets consistently in the multi-millions and minimal liabilities, the foundation appears to have a strong focus on endowment management and asset growth, likely through investment strategies, to ensure long-term sustainability for its grant-making activities.
Filing History
IRS 990 filing history for Edlis Neeson Foundation Nfp showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Edlis Neeson Foundation Nfp's revenue has declined by 107.6%, moving from $1.2M to $-94,895. Total assets decreased by 53.3% over the same period, from $31.7M to $14.8M. Total functional expenses fell by 74.1%, from $6.8M to $1.8M. The organization holds $1 in liabilities against $14.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $14.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-94,895 | $1.8M | $14.8M | $1 | — | — |
| 2022 | $22K | $1.1M | $16.7M | $1 | — | View 990 |
| 2021 | $6.0M | $989K | $17.7M | $1 | — | View 990 |
| 2020 | $31K | $1.2M | $12.7M | $1 | — | — |
| 2019 | $2.4M | $722K | $13.8M | $1 | — | View 990 |
| 2015 | $63K | $5.8M | $25.1M | $0 | — | View 990 |
| 2014 | $16.7M | $4.9M | $30.9M | $0 | — | View 990 |
| 2013 | $17K | $2.3M | $19.1M | $0 | — | View 990 |
| 2012 | $5.2M | $10.5M | $21.4M | $0 | — | View 990 |
| 2011 | $1.2M | $6.8M | $31.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-94,895, expenses of $1.8M, and assets of $14.8M (revenue -525.8% year-over-year).
- 2022: Revenue of $22K, expenses of $1.1M, and assets of $16.7M (revenue -99.6% year-over-year).
- 2021: Revenue of $6.0M, expenses of $989K, and assets of $17.7M (revenue +19125.8% year-over-year).
- 2020: Revenue of $31K, expenses of $1.2M, and assets of $12.7M (revenue -98.7% year-over-year).
- 2019: Revenue of $2.4M, expenses of $722K, and assets of $13.8M (revenue +3810.3% year-over-year).
- 2015: Revenue of $63K, expenses of $5.8M, and assets of $25.1M (revenue -99.6% year-over-year).
- 2014: Revenue of $16.7M, expenses of $4.9M, and assets of $30.9M (revenue +96008.7% year-over-year).
- 2013: Revenue of $17K, expenses of $2.3M, and assets of $19.1M (revenue -99.7% year-over-year).
- 2012: Revenue of $5.2M, expenses of $10.5M, and assets of $21.4M (revenue +314.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $6.8M, and assets of $31.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edlis Neeson Foundation Nfp:
Data Sources and Methodology
This transparency report for Edlis Neeson Foundation Nfp 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.