Eugen Friedlaender Foundation Inc
Eugen Friedlaender Foundation maintains over $1.1M in assets with minimal expenses and no officer compensation.
EIN: 136077311 · Auburn, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $53K |
| Total Expenses | $29K |
| Program Spending | 90% |
| Net Assets | $1.2M |
| Transparency Score | 92/100 |
Is Eugen Friedlaender Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eugen Friedlaender Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eugen Friedlaender Foundation Inc
Eugen Friedlaender Foundation Inc (EIN: 136077311) is a nonprofit organization based in Auburn, ME. The organization reported total revenue of $53K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eugen Friedlaender Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eugen Friedlaender Foundation Inc is a micro nonprofit that has been operating for 70 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $29K |
| Surplus / Deficit | +$24K |
| Total Assets | $1.2M |
| Total Liabilities | $1 |
| Net Assets | $1.2M |
| Operating Margin | 45.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 472.6 months |
Financial Health Grade: A
In 2023, Eugen Friedlaender Foundation Inc reported a surplus of $24K with revenue exceeding expenses, holds 472.6 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), Eugen Friedlaender Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.2% | -13.0% | +2.1% |
| 2022 | -23.7% | +231.4% | -0.3% |
| 2021 | +144.8% | +86.8% | +2.6% |
| 2020 | -54.6% | -86.5% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1956 |
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 Eugen Friedlaender Foundation Inc with a Mission Score of 92 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, Eugen Friedlaender Foundation Inc 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 $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization is likely run by volunteers or has no paid officers, which is highly efficient for a foundation of its size.
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 Eugen Friedlaender Foundation Inc's IRS 990 filings:
- NTEE Code is unknown, which limits understanding of specific programmatic focus.
Strengths
The following positive indicators were identified for Eugen Friedlaender Foundation Inc:
- Strong and stable asset base (over $1.1 million).
- Extremely low operating expenses relative to assets and revenue.
- No reported officer compensation, indicating high efficiency.
- Minimal liabilities ($1 in recent years).
- Consistent IRS 990 filing history.
Frequently Asked Questions about Eugen Friedlaender Foundation Inc
Is Eugen Friedlaender Foundation Inc a legitimate charity?
Eugen Friedlaender Foundation Inc (EIN: 136077311) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $53K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Eugen Friedlaender Foundation Inc spend its money?
Eugen Friedlaender Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Eugen Friedlaender Foundation Inc tax-deductible?
Eugen Friedlaender Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136077311). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eugen Friedlaender Foundation Inc located?
Eugen Friedlaender Foundation Inc is headquartered in Auburn, Maine and files with the IRS under EIN 136077311.
How many years of IRS 990 filings does Eugen Friedlaender Foundation Inc have?
Eugen Friedlaender Foundation Inc 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 $53K in total revenue.
Is Eugen Friedlaender Foundation Inc. a good charity?
Based on the provided data, the Eugen Friedlaender Foundation Inc. appears to be a very good charity from a financial perspective. It has a strong asset base, minimal liabilities, very low operating expenses, and no reported officer compensation, suggesting high efficiency and a strong focus on its mission through grant-making or other programmatic activities.
What is the primary purpose of the Eugen Friedlaender Foundation Inc. given its financial structure?
Given its substantial assets, low expenses, and consistent financial reporting, the foundation likely operates as a grant-making entity, using its endowment to provide funding to other organizations or individuals in line with its mission.
How has the foundation's financial stability changed over time?
The foundation has maintained a stable asset base, consistently over $1 million, for more than a decade. While revenue has fluctuated, expenses have generally remained low, indicating strong financial stewardship and stability.
Filing History
IRS 990 filing history for Eugen Friedlaender Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Eugen Friedlaender Foundation Inc's revenue has grown by 13.9%, moving from $47K to $53K. Total assets decreased by 10.2% over the same period, from $1.3M to $1.2M. Total functional expenses fell by 65.6%, from $85K to $29K. In its most recent filing year (2023), Eugen Friedlaender Foundation Inc reported a surplus of $24K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53K | $29K | $1.2M | $1 | — | — |
| 2022 | $30K | $34K | $1.1M | $1 | — | View 990 |
| 2021 | $39K | $10K | $1.1M | $1 | — | View 990 |
| 2020 | $16K | $5K | $1.1M | $1 | — | — |
| 2019 | $35K | $40K | $1.1M | $0 | — | View 990 |
| 2015 | $-70,315 | $176K | $1.3M | $19K | — | View 990 |
| 2014 | $34K | $104K | $1.6M | $0 | — | View 990 |
| 2013 | $213K | $66K | $1.5M | $0 | — | View 990 |
| 2012 | $174K | $75K | $1.4M | $0 | — | View 990 |
| 2011 | $47K | $85K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53K, expenses of $29K, and assets of $1.2M (revenue +79.2% year-over-year).
- 2022: Revenue of $30K, expenses of $34K, and assets of $1.1M (revenue -23.7% year-over-year).
- 2021: Revenue of $39K, expenses of $10K, and assets of $1.1M (revenue +144.8% year-over-year).
- 2020: Revenue of $16K, expenses of $5K, and assets of $1.1M (revenue -54.6% year-over-year).
- 2019: Revenue of $35K, expenses of $40K, and assets of $1.1M.
- 2015: Revenue of $-70,315, expenses of $176K, and assets of $1.3M (revenue -304.9% year-over-year).
- 2014: Revenue of $34K, expenses of $104K, and assets of $1.6M (revenue -83.9% year-over-year).
- 2013: Revenue of $213K, expenses of $66K, and assets of $1.5M (revenue +22.3% year-over-year).
- 2012: Revenue of $174K, expenses of $75K, and assets of $1.4M (revenue +273.2% year-over-year).
- 2011: Revenue of $47K, expenses of $85K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eugen Friedlaender Foundation Inc:
Data Sources and Methodology
This transparency report for Eugen Friedlaender 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.