Erkiletian Family Foundation
Erkiletian Family Foundation consistently spends more than it earns, relying on substantial assets.
EIN: 134238878 · Arlington, VA · NTEE: T90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $856K |
| Total Expenses | $330K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5.6 |
| Net Assets | $5.7M |
| Transparency Score | 85/100 |
Is Erkiletian Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Erkiletian Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Erkiletian Family Foundation
Erkiletian Family Foundation (EIN: 134238878) is a nonprofit organization based in Arlington, VA, classified under NTEE code T90. The organization reported total revenue of $856K and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Erkiletian Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Erkiletian Family Foundation is a small nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $213K |
| Total Expenses | $330K |
| Surplus / Deficit | $-116,933 |
| Total Assets | $5.7M |
| Total Liabilities | $2K |
| Net Assets | $5.7M |
| Operating Margin | -54.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 206.9 months |
Financial Health Grade: B
In 2023, Erkiletian Family Foundation reported a deficit of $117K with expenses exceeding revenue, holds 206.9 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), Erkiletian Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.1% | +3.9% | -2.0% |
| 2022 | +8.4% | +21.9% | -1.4% |
| 2021 | +32.6% | -20.0% | -0.7% |
| 2020 | +32.9% | +86.1% | -2.6% |
| 2019 | -61.5% | -10.1% | +379.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Erkiletian Family 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, Erkiletian Family 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 deficit of $117K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of its asset size ($5.6 million in 2023) and suggests either volunteer leadership or compensation is classified under other expense categories, or paid by a related entity.
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 Erkiletian Family Foundation's IRS 990 filings:
- Consistent negative net income (expenses exceeding revenue) in recent years, potentially indicating reliance on asset drawdowns.
- Officer compensation consistently reported as 0%, which is unusual for an organization with over $5 million in assets and warrants further investigation into how leadership is compensated or if it's entirely volunteer-run.
Strengths
The following positive indicators were identified for Erkiletian Family Foundation:
- Substantial asset base ($5,688,222 in 2023) provides financial stability.
- Extremely low liabilities (often $1) indicate a very healthy balance sheet and minimal debt.
- Consistent IRS 990 filing history demonstrates good transparency.
- 0% reported officer compensation suggests efficient use of funds at the leadership level.
Frequently Asked Questions about Erkiletian Family Foundation
Is Erkiletian Family Foundation a legitimate charity?
Erkiletian Family Foundation (EIN: 134238878) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $856K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Erkiletian Family Foundation spend its money?
Erkiletian Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Erkiletian Family Foundation tax-deductible?
Erkiletian Family Foundation is registered as a tax-exempt nonprofit (EIN: 134238878). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Erkiletian Family Foundation CEO make?
Erkiletian Family Foundation's highest-compensated officer earns $5.6 annually. The organization reported $856K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Erkiletian Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Erkiletian Family Foundation is above average for NTEE category T90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Erkiletian Family Foundation located?
Erkiletian Family Foundation is headquartered in Arlington, Virginia and files with the IRS under EIN 134238878. It is classified under NTEE code T90.
How many years of IRS 990 filings does Erkiletian Family Foundation have?
Erkiletian Family 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 $856K in total revenue.
How does the Erkiletian Family Foundation sustain its operations given that expenses have consistently exceeded revenue in recent years?
The foundation appears to be drawing down its substantial asset base to cover operational expenses, as evidenced by expenses exceeding revenue in periods like 2023 ($329,937 expenses vs. $213,004 revenue) and 2022 ($317,538 expenses vs. $236,860 revenue).
What is the nature of the '0% Officer Comp' reported across all filings?
The consistent reporting of 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based, compensated by a related entity, or their compensation is categorized differently within the IRS 990, which would require reviewing the full filing for details.
What are the primary program activities of the Erkiletian Family Foundation?
Given its NTEE code T90 (Private Grantmaking Foundations), the primary program activities are likely grantmaking to other charitable organizations, rather than direct service provision.
Filing History
IRS 990 filing history for Erkiletian Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Erkiletian Family Foundation's revenue has grown by 150.5%, moving from $85K to $213K. Total assets increased by 339.8% over the same period, from $1.3M to $5.7M. Total functional expenses rose by 97.9%, from $167K to $330K. In its most recent filing year (2023), Erkiletian Family Foundation reported a deficit of $117K, with expenses exceeding revenue. The organization holds $2K in liabilities against $5.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $213K | $330K | $5.7M | $2K | — | — |
| 2022 | $237K | $318K | $5.8M | $1 | — | View 990 |
| 2021 | $218K | $260K | $5.9M | $1 | — | View 990 |
| 2020 | $165K | $325K | $5.9M | $1 | — | View 990 |
| 2019 | $124K | $175K | $6.1M | $1 | — | — |
| 2015 | $322K | $194K | $1.3M | $1 | — | View 990 |
| 2014 | $118K | $180K | $1.1M | $1 | — | View 990 |
| 2013 | $182K | $186K | $1.2M | $1 | — | View 990 |
| 2012 | $108K | $193K | $1.2M | $1 | — | View 990 |
| 2011 | $85K | $167K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $213K, expenses of $330K, and assets of $5.7M (revenue -10.1% year-over-year).
- 2022: Revenue of $237K, expenses of $318K, and assets of $5.8M (revenue +8.4% year-over-year).
- 2021: Revenue of $218K, expenses of $260K, and assets of $5.9M (revenue +32.6% year-over-year).
- 2020: Revenue of $165K, expenses of $325K, and assets of $5.9M (revenue +32.9% year-over-year).
- 2019: Revenue of $124K, expenses of $175K, and assets of $6.1M (revenue -61.5% year-over-year).
- 2015: Revenue of $322K, expenses of $194K, and assets of $1.3M (revenue +172.8% year-over-year).
- 2014: Revenue of $118K, expenses of $180K, and assets of $1.1M (revenue -34.9% year-over-year).
- 2013: Revenue of $182K, expenses of $186K, and assets of $1.2M (revenue +68.5% year-over-year).
- 2012: Revenue of $108K, expenses of $193K, and assets of $1.2M (revenue +26.8% year-over-year).
- 2011: Revenue of $85K, expenses of $167K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Erkiletian Family Foundation:
Data Sources and Methodology
This transparency report for Erkiletian Family 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.