Ellman Foundation
Ellman Foundation shows strong asset growth and zero officer compensation in recent years, despite past periods of deficit spending.
EIN: 200896058 · Phoenix, AZ · NTEE: T22 · Updated: 2026-03-28
Is Ellman Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ellman Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ellman Foundation
Ellman Foundation (EIN: 200896058) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code T22. The organization reported total revenue of $465K and total assets of $515K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ellman Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ellman Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $354K |
| Total Expenses | $85K |
| Surplus / Deficit | +$270K |
| Total Assets | $333K |
| Total Liabilities | $1 |
| Net Assets | $333K |
| Operating Margin | 76.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 47.2 months |
Financial Health Grade: A
In 2023, Ellman Foundation reported a surplus of $270K with revenue exceeding expenses, holds 47.2 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), Ellman Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +243.8% | -68.0% | +399.1% |
| 2022 | -62.0% | +5.9% | -71.2% |
| 2021 | -10.0% | -0.5% | +10.4% |
| 2020 | +56.2% | +5.0% | +32.0% |
| 2019 | +37.0% | +421.1% | +56.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Ellman Foundation 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, Ellman Foundation 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 $270K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of its size and suggests a strong volunteer-driven model or a very lean operational structure.
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 Ellman Foundation's IRS 990 filings:
- Periods of significant deficit spending (e.g., 202212: Expenses $263,918 vs. Revenue $102,990)
- Unusually consistent zero officer compensation across all filings, which might warrant further inquiry into how leadership is supported or if all compensation is captured.
Strengths
The following positive indicators were identified for Ellman Foundation:
- Strong asset growth over the long term, from $9,509 in 201112 to $515,396 currently.
- Consistent reporting of zero officer compensation, indicating high efficiency in directing funds to mission.
- Low liabilities across most filing periods, suggesting sound financial management.
- Significant revenue generation in recent periods, with latest revenue at $464,605.
Frequently Asked Questions about Ellman Foundation
Is Ellman Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellman Foundation (EIN: 200896058) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Ellman Foundation spend its money?
Ellman Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ellman Foundation tax-deductible?
Ellman Foundation is registered as a tax-exempt nonprofit (EIN: 200896058). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ellman Foundation a good charity?
Based on the available data, the Ellman Foundation appears to be a financially sound organization with a strong commitment to its mission, evidenced by zero officer compensation and recent asset growth. Its efficiency in directing funds towards its purpose is high.
How does Ellman Foundation manage its expenses?
The foundation generally manages its expenses well, as seen in the 202312 period where expenses ($84,524) were significantly lower than revenue ($354,035). However, there have been periods like 202212 where expenses ($263,918) exceeded revenue ($102,990), indicating some variability in expense management.
What is the trend in Ellman Foundation's assets?
The Ellman Foundation's assets have shown significant growth, increasing from $9,509 in 201112 to $332,539 in 202312, and currently standing at $515,396. This indicates a strong and positive financial trajectory over the long term.
Filing History
IRS 990 filing history for Ellman Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ellman Foundation's revenue has grown by 490%, moving from $60K to $354K. Total assets increased by 3397.1% over the same period, from $10K to $333K. Total functional expenses rose by 41.1%, from $60K to $85K. In its most recent filing year (2023), Ellman Foundation reported a surplus of $270K, with revenue exceeding expenses. The organization holds $1 in liabilities against $333K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $333K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $354K | $85K | $333K | $1 | — | — |
| 2022 | $103K | $264K | $67K | $201 | — | View 990 |
| 2021 | $271K | $249K | $231K | $250 | — | View 990 |
| 2020 | $301K | $250K | $209K | $250 | — | — |
| 2019 | $193K | $239K | $159K | $250 | — | View 990 |
| 2015 | $141K | $46K | $101K | $1 | — | View 990 |
| 2014 | $74K | $72K | $6K | $1 | — | View 990 |
| 2013 | $36K | $37K | $4K | $1 | — | View 990 |
| 2012 | $80K | $84K | $6K | $0 | — | View 990 |
| 2011 | $60K | $60K | $10K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $354K, expenses of $85K, and assets of $333K (revenue +243.8% year-over-year).
- 2022: Revenue of $103K, expenses of $264K, and assets of $67K (revenue -62.0% year-over-year).
- 2021: Revenue of $271K, expenses of $249K, and assets of $231K (revenue -10.0% year-over-year).
- 2020: Revenue of $301K, expenses of $250K, and assets of $209K (revenue +56.2% year-over-year).
- 2019: Revenue of $193K, expenses of $239K, and assets of $159K (revenue +37.0% year-over-year).
- 2015: Revenue of $141K, expenses of $46K, and assets of $101K (revenue +89.7% year-over-year).
- 2014: Revenue of $74K, expenses of $72K, and assets of $6K (revenue +107.3% year-over-year).
- 2013: Revenue of $36K, expenses of $37K, and assets of $4K (revenue -55.3% year-over-year).
- 2012: Revenue of $80K, expenses of $84K, and assets of $6K (revenue +33.5% year-over-year).
- 2011: Revenue of $60K, expenses of $60K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ellman Foundation:
Data Sources and Methodology
This transparency report for Ellman 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.