Est Foundation
Est Foundation maintains substantial assets and low expenses despite volatile revenue, with no reported officer compensation.
EIN: 204877982 · Chicago, IL · NTEE: X200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $415K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $19 |
| Net Assets | $17.5M |
| Transparency Score | 90/100 |
Is Est Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Est Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Est Foundation
Est Foundation (EIN: 204877982) is a nonprofit organization based in Chicago, IL, classified under NTEE code X200. The organization reported total revenue of $2.0M and total assets of $21.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Est Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Est Foundation is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $551K |
| Total Expenses | $415K |
| Surplus / Deficit | +$135K |
| Total Assets | $19.1M |
| Total Liabilities | $1.6M |
| Net Assets | $17.5M |
| Operating Margin | 24.5% |
| Debt-to-Asset Ratio | 8.2% |
| Months of Reserves | 552.3 months |
Financial Health Grade: A
In 2023, Est Foundation reported a surplus of $135K with revenue exceeding expenses, holds 552.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Est Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.2% | -17.1% | +3.3% |
| 2022 | -58.6% | -12.2% | -5.1% |
| 2021 | -39.4% | +30.7% | +11.4% |
| 2020 | +644.7% | +11.4% | +36.4% |
| 2019 | -91.5% | +8.1% | +4.7% |
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 Est Foundation with a Mission Score of 90 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, Est Foundation 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 $135K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received reportable compensation from the organization. This suggests a strong commitment to directing resources towards the mission rather than administrative salaries, especially for an organization with assets exceeding $19 million in recent years.
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 Est Foundation's IRS 990 filings:
- Highly volatile annual revenue, which could impact long-term program planning and sustainability if not managed effectively.
Strengths
The following positive indicators were identified for Est Foundation:
- Consistently strong asset base, exceeding $19 million in recent years, providing significant financial stability.
- Very low and stable annual expenses, indicating efficient operations and resource management.
- Consistent reporting of 0% officer compensation, demonstrating a strong commitment to directing funds to the mission.
- Healthy asset-to-liability ratio, showing strong financial health and ability to meet obligations.
Frequently Asked Questions about Est Foundation
Is Est Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Est Foundation (EIN: 204877982) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Est Foundation spend its money?
Est Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Est Foundation tax-deductible?
Est Foundation is registered as a tax-exempt nonprofit (EIN: 204877982). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Est Foundation CEO make?
Est Foundation's highest-compensated officer earns $19 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Est Foundation's spending goes to programs?
Est Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Est Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Est Foundation is above average for NTEE category X200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Est Foundation located?
Est Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 204877982. It is classified under NTEE code X200.
How many years of IRS 990 filings does Est Foundation have?
Est Foundation has 13 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 $2.0M in total revenue.
Is Est Foundation a good charity?
Based on the available IRS 990 data, Est Foundation appears to be a financially sound organization with a strong commitment to its mission, evidenced by its substantial assets, relatively low expenses, and consistent 0% officer compensation. The significant asset base of over $19 million in recent years provides a strong financial cushion.
How has Est Foundation's revenue trended?
Est Foundation's revenue has been highly volatile, with a peak of $5,452,469 in 2018, a low of $461,231 in 2019, and $550,528 in 2023. This fluctuation suggests an inconsistent funding stream, though the organization has managed to maintain low expenses despite this.
What is the organization's financial stability?
The organization demonstrates strong financial stability, consistently holding assets significantly greater than liabilities. For example, in 2023, assets were $19,120,043 against liabilities of $1,570,327, indicating a healthy reserve and ability to cover obligations.
Does Est Foundation spend efficiently?
Yes, Est Foundation appears to spend efficiently. Its expenses have remained relatively low and stable, typically under $600,000 annually, even in years with high revenue. This suggests effective management of resources.
Are there any concerns regarding executive pay?
No, there are no concerns regarding executive pay. All available filings report 0% officer compensation, which is a highly positive indicator of the organization's dedication to its mission and efficient use of funds.
Filing History
IRS 990 filing history for Est Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Est Foundation's revenue has declined by 60.5%, moving from $1.4M to $551K. Total assets increased by 60.2% over the same period, from $11.9M to $19.1M. Total functional expenses fell by 55.9%, from $942K to $415K. In its most recent filing year (2023), Est Foundation reported a surplus of $135K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $19.1M in assets (debt-to-asset ratio: 8.2%), resulting in net assets of $17.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $551K | $415K | $19.1M | $1.6M | — | View 990 |
| 2022 | $863K | $501K | $18.5M | $1.8M | — | View 990 |
| 2021 | $2.1M | $571K | $19.5M | $2.0M | — | View 990 |
| 2020 | $3.4M | $437K | $17.5M | $2.2M | — | View 990 |
| 2019 | $461K | $392K | $12.8M | $0 | — | View 990 |
| 2018 | $5.5M | $362K | $12.3M | $0 | — | View 990 |
| 2017 | $433K | $323K | $7.8M | $774K | — | View 990 |
| 2016 | $335K | $309K | $7.3M | $751K | — | View 990 |
| 2015 | $363K | $3.9M | $7.5M | $750K | — | View 990 |
| 2014 | $520K | $597K | $11.2M | $0 | — | View 990 |
| 2013 | $882K | $979K | $10.7M | $0 | — | View 990 |
| 2012 | $422K | $890K | $11.5M | $2K | — | View 990 |
| 2011 | $1.4M | $942K | $11.9M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $551K, expenses of $415K, and assets of $19.1M (revenue -36.2% year-over-year).
- 2022: Revenue of $863K, expenses of $501K, and assets of $18.5M (revenue -58.6% year-over-year).
- 2021: Revenue of $2.1M, expenses of $571K, and assets of $19.5M (revenue -39.4% year-over-year).
- 2020: Revenue of $3.4M, expenses of $437K, and assets of $17.5M (revenue +644.7% year-over-year).
- 2019: Revenue of $461K, expenses of $392K, and assets of $12.8M (revenue -91.5% year-over-year).
- 2018: Revenue of $5.5M, expenses of $362K, and assets of $12.3M (revenue +1158.0% year-over-year).
- 2017: Revenue of $433K, expenses of $323K, and assets of $7.8M (revenue +29.3% year-over-year).
- 2016: Revenue of $335K, expenses of $309K, and assets of $7.3M (revenue -7.6% year-over-year).
- 2015: Revenue of $363K, expenses of $3.9M, and assets of $7.5M (revenue -30.1% year-over-year).
- 2014: Revenue of $520K, expenses of $597K, and assets of $11.2M (revenue -41.1% year-over-year).
- 2013: Revenue of $882K, expenses of $979K, and assets of $10.7M (revenue +109.1% year-over-year).
- 2012: Revenue of $422K, expenses of $890K, and assets of $11.5M (revenue -69.7% year-over-year).
- 2011: Revenue of $1.4M, expenses of $942K, and assets of $11.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Est Foundation:
Data Sources and Methodology
This transparency report for Est 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.