Ernst And Elfriede Frank Foundation Inc
Ernst And Elfriede Frank Foundation Inc shows strong asset growth and zero executive compensation over the past decade.
EIN: 136106471 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.1M |
| Total Expenses | $834K |
| Program Spending | 85% |
| Net Assets | $13.6M |
| Transparency Score | 85/100 |
Is Ernst And Elfriede Frank Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ernst And Elfriede Frank Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ernst And Elfriede Frank Foundation Inc
Ernst And Elfriede Frank Foundation Inc (EIN: 136106471) is a nonprofit organization based in New York, NY. The organization reported total revenue of $13.1M and total assets of $16.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ernst And Elfriede Frank Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ernst And Elfriede Frank Foundation Inc is a large nonprofit that has been operating for 64 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $834K |
| Surplus / Deficit | +$2.1M |
| Total Assets | $13.6M |
| Total Liabilities | $1 |
| Net Assets | $13.6M |
| Operating Margin | 72.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 195.7 months |
Financial Health Grade: A
In 2023, Ernst And Elfriede Frank Foundation Inc reported a surplus of $2.1M with revenue exceeding expenses, holds 195.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Ernst And Elfriede Frank Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +463.9% | -5.7% | +18.7% |
| 2022 | -88.2% | +31.7% | -3.0% |
| 2021 | +441.3% | +7.7% | +47.2% |
| 2020 | -11.5% | +9.1% | +9.7% |
| 2018 | -42.0% | +16.3% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1962 |
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 Ernst And Elfriede Frank Foundation Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Ernst And Elfriede Frank Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly favorable 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 Ernst And Elfriede Frank Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering precise efficiency analysis.
Strengths
The following positive indicators were identified for Ernst And Elfriede Frank Foundation Inc:
- Consistent asset growth, from $4.5M in 2012 to $13.6M in 2023, indicating strong financial management.
- Zero officer compensation reported across all filings, demonstrating a commitment to directing funds to the mission.
- Very low liabilities (consistently $1 or $0), indicating excellent financial stability.
- Positive net revenue in most periods, contributing to asset accumulation.
Frequently Asked Questions about Ernst And Elfriede Frank Foundation Inc
Is Ernst And Elfriede Frank Foundation Inc a legitimate charity?
Ernst And Elfriede Frank Foundation Inc (EIN: 136106471) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $13.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Ernst And Elfriede Frank Foundation Inc spend its money?
Ernst And Elfriede Frank Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ernst And Elfriede Frank Foundation Inc tax-deductible?
Ernst And Elfriede Frank Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136106471). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ernst And Elfriede Frank Foundation Inc's spending goes to programs?
Ernst And Elfriede Frank Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Ernst And Elfriede Frank Foundation Inc located?
Ernst And Elfriede Frank Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136106471.
How many years of IRS 990 filings does Ernst And Elfriede Frank Foundation Inc have?
Ernst And Elfriede Frank Foundation Inc has 11 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 $13.1M in total revenue.
Is Ernst And Elfriede Frank Foundation Inc a good charity?
Based on the available data, the foundation demonstrates strong financial health with consistent asset growth and a commendable practice of reporting zero officer compensation, suggesting efficient use of funds. However, without detailed program spending breakdowns, a full assessment of its direct impact is limited.
How does the foundation manage its assets?
The foundation has shown consistent asset growth from $4,550,555 in 201208 to $13,602,461 in 202308, indicating effective asset management and investment strategies, likely to support its grant-making activities.
What is the trend in the foundation's revenue?
The foundation's revenue has fluctuated significantly over the years, ranging from $513,414 in 201208 to a peak of $4,461,373 in 202108, and $2,978,478 in the latest period (202308). This variability is common for foundations relying on investment returns.
Filing History
IRS 990 filing history for Ernst And Elfriede Frank Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Ernst And Elfriede Frank Foundation Inc's revenue has grown by 744.1%, moving from $353K to $3.0M. Total assets increased by 208.3% over the same period, from $4.4M to $13.6M. Total functional expenses rose by 143.4%, from $343K to $834K. In its most recent filing year (2023), Ernst And Elfriede Frank Foundation Inc reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $13.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $834K | $13.6M | $1 | — | View 990 |
| 2022 | $528K | $884K | $11.5M | $1 | — | View 990 |
| 2021 | $4.5M | $671K | $11.8M | $1 | — | View 990 |
| 2020 | $824K | $623K | $8.0M | $1 | — | — |
| 2018 | $931K | $571K | $7.3M | $0 | — | View 990 |
| 2017 | $1.6M | $491K | $7.0M | $0 | — | View 990 |
| 2015 | $645K | $459K | $5.7M | $0 | — | View 990 |
| 2014 | $1.1M | $442K | $5.5M | $0 | — | View 990 |
| 2013 | $685K | $406K | $4.8M | $0 | — | View 990 |
| 2012 | $513K | $373K | $4.6M | $0 | — | View 990 |
| 2011 | $353K | $343K | $4.4M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $834K, and assets of $13.6M (revenue +463.9% year-over-year).
- 2022: Revenue of $528K, expenses of $884K, and assets of $11.5M (revenue -88.2% year-over-year).
- 2021: Revenue of $4.5M, expenses of $671K, and assets of $11.8M (revenue +441.3% year-over-year).
- 2020: Revenue of $824K, expenses of $623K, and assets of $8.0M (revenue -11.5% year-over-year).
- 2018: Revenue of $931K, expenses of $571K, and assets of $7.3M (revenue -42.0% year-over-year).
- 2017: Revenue of $1.6M, expenses of $491K, and assets of $7.0M (revenue +149.0% year-over-year).
- 2015: Revenue of $645K, expenses of $459K, and assets of $5.7M (revenue -42.9% year-over-year).
- 2014: Revenue of $1.1M, expenses of $442K, and assets of $5.5M (revenue +65.0% year-over-year).
- 2013: Revenue of $685K, expenses of $406K, and assets of $4.8M (revenue +33.3% year-over-year).
- 2012: Revenue of $513K, expenses of $373K, and assets of $4.6M (revenue +45.5% year-over-year).
- 2011: Revenue of $353K, expenses of $343K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ernst And Elfriede Frank Foundation Inc:
Data Sources and Methodology
This transparency report for Ernst And Elfriede Frank 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.