Edward E Ford Foundation Mfgr
Edward E Ford Foundation Mfgr maintains strong asset base and consistent revenue surplus with no reported officer compensation.
EIN: 136047243 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.8M |
| Total Expenses | $3.2M |
| Program Spending | 90% |
| Net Assets | $62.5M |
| Transparency Score | 85/100 |
Is Edward E Ford Foundation Mfgr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edward E Ford Foundation Mfgr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edward E Ford Foundation Mfgr
Edward E Ford Foundation Mfgr (EIN: 136047243) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $12.8M and total assets of $61.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward E Ford Foundation Mfgr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edward E Ford Foundation Mfgr is a large nonprofit that has been operating for 67 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.9M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$1.7M |
| Total Assets | $62.5M |
| Total Liabilities | $1 |
| Net Assets | $62.5M |
| Operating Margin | 34.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 234.9 months |
Financial Health Grade: A
In 2023, Edward E Ford Foundation Mfgr reported a surplus of $1.7M with revenue exceeding expenses, holds 234.9 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), Edward E Ford Foundation Mfgr's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.0% | -26.3% | +2.8% |
| 2022 | -7.2% | +18.2% | +0.6% |
| 2021 | +55.7% | +19.1% | +2.3% |
| 2020 | -33.8% | -42.4% | +0.2% |
| 2019 | +55.2% | +50.4% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 1959 |
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 Edward E Ford Foundation Mfgr 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, Edward E Ford Foundation Mfgr 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 $1.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led structure or that executive compensation is not categorized under 'Officer Comp' in the provided data, which would require further scrutiny of the full 990 forms.
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 Edward E Ford Foundation Mfgr's IRS 990 filings:
- Lack of detailed spending breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.
- Consistent 0% officer compensation could indicate a lack of transparency if executives are compensated but not reported under this specific line item.
Strengths
The following positive indicators were identified for Edward E Ford Foundation Mfgr:
- Strong and growing asset base, reaching $62,543,304 in 202309.
- Consistent revenue generation, with latest revenue at $4,908,512.
- Healthy financial surpluses in most years, indicating good financial management (e.g., $1,712,972 surplus in 202309).
- Very low liabilities, often $0 or $1, indicating minimal debt.
- Consistent IRS 990 filing history, demonstrating compliance.
Frequently Asked Questions about Edward E Ford Foundation Mfgr
Is Edward E Ford Foundation Mfgr a legitimate charity?
Edward E Ford Foundation Mfgr (EIN: 136047243) 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: $12.8M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Edward E Ford Foundation Mfgr spend its money?
Edward E Ford Foundation Mfgr directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Edward E Ford Foundation Mfgr tax-deductible?
Edward E Ford Foundation Mfgr is registered as a tax-exempt nonprofit (EIN: 136047243). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Edward E Ford Foundation Mfgr located?
Edward E Ford Foundation Mfgr is headquartered in Chicago, Illinois and files with the IRS under EIN 136047243.
How many years of IRS 990 filings does Edward E Ford Foundation Mfgr have?
Edward E Ford Foundation Mfgr 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 $12.8M in total revenue.
How does the Edward E Ford Foundation Mfgr manage to report 0% officer compensation consistently?
The consistent reporting of 0% officer compensation across all filings suggests either that the foundation is entirely volunteer-led at the executive level, or that executive compensation is reported under a different expense category not captured in the 'Officer Comp' field of the provided summary data. A review of the full IRS 990 forms would be necessary to clarify this.
What is the primary source of the foundation's revenue?
While the specific sources are not detailed in the provided summary, the consistent revenue generation and substantial asset base (e.g., $62,543,304 in 202309) suggest that investment income from its endowment likely plays a significant role in its financial sustainability.
Is the Edward E Ford Foundation Mfgr financially stable?
Yes, the foundation appears financially stable. It consistently maintains a large asset base (over $60 million in recent years) and generally reports revenues exceeding expenses, leading to a healthy surplus, such as the $1,712,972 surplus in 202309.
Filing History
IRS 990 filing history for Edward E Ford Foundation Mfgr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Edward E Ford Foundation Mfgr's revenue has grown by 37.8%, moving from $3.6M to $4.9M. Total assets increased by 9.8% over the same period, from $57.0M to $62.5M. Total functional expenses fell by 6.7%, from $3.4M to $3.2M. In its most recent filing year (2023), Edward E Ford Foundation Mfgr reported a surplus of $1.7M, with revenue exceeding expenses. The organization holds $1 in liabilities against $62.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $62.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.9M | $3.2M | $62.5M | $1 | — | View 990 |
| 2022 | $4.6M | $4.3M | $60.8M | $1 | — | View 990 |
| 2021 | $5.0M | $3.7M | $60.5M | $1 | — | View 990 |
| 2020 | $3.2M | $3.1M | $59.1M | $1 | — | View 990 |
| 2019 | $4.8M | $5.3M | $59.0M | $0 | — | View 990 |
| 2015 | $3.1M | $3.6M | $56.0M | $0 | — | View 990 |
| 2014 | $4.0M | $3.3M | $56.3M | $0 | — | View 990 |
| 2013 | $2.8M | $3.3M | $55.6M | $5K | — | View 990 |
| 2012 | $2.6M | $3.4M | $56.2M | $0 | — | View 990 |
| 2011 | $3.6M | $3.4M | $57.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.9M, expenses of $3.2M, and assets of $62.5M (revenue +6.0% year-over-year).
- 2022: Revenue of $4.6M, expenses of $4.3M, and assets of $60.8M (revenue -7.2% year-over-year).
- 2021: Revenue of $5.0M, expenses of $3.7M, and assets of $60.5M (revenue +55.7% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.1M, and assets of $59.1M (revenue -33.8% year-over-year).
- 2019: Revenue of $4.8M, expenses of $5.3M, and assets of $59.0M (revenue +55.2% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.6M, and assets of $56.0M (revenue -21.4% year-over-year).
- 2014: Revenue of $4.0M, expenses of $3.3M, and assets of $56.3M (revenue +44.0% year-over-year).
- 2013: Revenue of $2.8M, expenses of $3.3M, and assets of $55.6M (revenue +5.7% year-over-year).
- 2012: Revenue of $2.6M, expenses of $3.4M, and assets of $56.2M (revenue -26.8% year-over-year).
- 2011: Revenue of $3.6M, expenses of $3.4M, and assets of $57.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edward E Ford Foundation Mfgr:
Data Sources and Methodology
This transparency report for Edward E Ford Foundation Mfgr 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.