Fadem Family Foundation Inc
Fadem Family Foundation consistently operates with zero reported officer compensation and minimal liabilities.
EIN: 133907052 · Evanston, IL · NTEE: T70J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $636K |
| Total Expenses | $170K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $636,292, |
| Net Assets | $682K |
| Transparency Score | 90/100 |
Is Fadem Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fadem Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fadem Family Foundation Inc
Fadem Family Foundation Inc (EIN: 133907052) is a nonprofit organization based in Evanston, IL, classified under NTEE code T70J. The organization reported total revenue of $636K and total assets of $977K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fadem Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fadem Family Foundation Inc is a small nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $236K |
| Total Expenses | $170K |
| Surplus / Deficit | +$66K |
| Total Assets | $682K |
| Total Liabilities | $1 |
| Net Assets | $682K |
| Operating Margin | 28.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 48.0 months |
Financial Health Grade: A
In 2023, Fadem Family Foundation Inc reported a surplus of $66K with revenue exceeding expenses, holds 48.0 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), Fadem Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +109.5% | -6.9% | +10.8% |
| 2022 | -34.2% | +2.3% | -10.2% |
| 2021 | +5.5% | +10.6% | -1.1% |
| 2020 | +97.2% | -4.7% | +0.1% |
| 2019 | -52.4% | +4.9% | -18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Fadem Family Foundation Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Fadem Family 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 $66K, 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 officers are not compensated or their compensation is not reported, which significantly contributes to lower overhead for an organization of its size (latest revenue $636,292, assets $976,717).
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.
Strengths
The following positive indicators were identified for Fadem Family Foundation Inc:
- Zero reported officer compensation across all filings, indicating high efficiency.
- Consistently low liabilities ($0 or $1), demonstrating strong financial stability.
- Long history of IRS 990 filings (10 periods), showing commitment to transparency.
- Latest reported assets ($976,717) and revenue ($636,292) show a healthy financial position.
Frequently Asked Questions about Fadem Family Foundation Inc
Is Fadem Family Foundation Inc a legitimate charity?
Fadem Family Foundation Inc (EIN: 133907052) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $636K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Fadem Family Foundation Inc spend its money?
Fadem Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Fadem Family Foundation Inc tax-deductible?
Fadem Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133907052). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fadem Family Foundation Inc CEO make?
Fadem Family Foundation Inc's highest-compensated officer earns $636,292, annually. The organization reported $636K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Fadem Family Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Fadem Family Foundation Inc is above average for NTEE category T70J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fadem Family Foundation Inc located?
Fadem Family Foundation Inc is headquartered in Evanston, Illinois and files with the IRS under EIN 133907052. It is classified under NTEE code T70J.
How many years of IRS 990 filings does Fadem Family Foundation Inc have?
Fadem Family 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 $636K in total revenue.
Is Fadem Family Foundation Inc. a good charity?
Based on the provided data, Fadem Family Foundation Inc. appears to be a good charity. It consistently reports zero officer compensation, maintains minimal liabilities, and has a long history of IRS 990 filings, indicating strong financial health and transparency. The absence of executive compensation suggests a high proportion of funds likely go directly to its mission.
How has the organization's financial health changed over time?
The organization's financial health has been stable with fluctuations. Assets have ranged from approximately $615,304 to $976,717, and revenues have varied from $82,376 to $236,472 in individual filing periods, showing consistent activity and growth in its latest reported revenue of $636,292 and assets of $976,717.
What is the Fadem Family Foundation's approach to executive compensation?
The Fadem Family Foundation Inc. consistently reports 0% for officer compensation across all ten available IRS 990 filings, indicating a volunteer-driven leadership or that executive compensation is not a significant expense for the organization.
Filing History
IRS 990 filing history for Fadem Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Fadem Family Foundation Inc's revenue has grown by 69.5%, moving from $140K to $236K. Total assets decreased by 22.8% over the same period, from $883K to $682K. Total functional expenses rose by 52.3%, from $112K to $170K. In its most recent filing year (2023), Fadem Family Foundation Inc reported a surplus of $66K, with revenue exceeding expenses. The organization holds $1 in liabilities against $682K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $682K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $236K | $170K | $682K | $1 | — | — |
| 2022 | $113K | $183K | $615K | $1 | — | View 990 |
| 2021 | $171K | $179K | $685K | $1 | — | View 990 |
| 2020 | $162K | $162K | $693K | $1 | — | — |
| 2019 | $82K | $169K | $692K | $0 | — | View 990 |
| 2015 | $173K | $162K | $851K | $0 | — | View 990 |
| 2014 | $95K | $155K | $840K | $0 | — | View 990 |
| 2013 | $151K | $115K | $899K | $0 | — | View 990 |
| 2012 | $95K | $114K | $864K | $0 | — | View 990 |
| 2011 | $140K | $112K | $883K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $236K, expenses of $170K, and assets of $682K (revenue +109.5% year-over-year).
- 2022: Revenue of $113K, expenses of $183K, and assets of $615K (revenue -34.2% year-over-year).
- 2021: Revenue of $171K, expenses of $179K, and assets of $685K (revenue +5.5% year-over-year).
- 2020: Revenue of $162K, expenses of $162K, and assets of $693K (revenue +97.2% year-over-year).
- 2019: Revenue of $82K, expenses of $169K, and assets of $692K (revenue -52.4% year-over-year).
- 2015: Revenue of $173K, expenses of $162K, and assets of $851K (revenue +81.1% year-over-year).
- 2014: Revenue of $95K, expenses of $155K, and assets of $840K (revenue -36.6% year-over-year).
- 2013: Revenue of $151K, expenses of $115K, and assets of $899K (revenue +58.0% year-over-year).
- 2012: Revenue of $95K, expenses of $114K, and assets of $864K (revenue -31.7% year-over-year).
- 2011: Revenue of $140K, expenses of $112K, and assets of $883K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fadem Family Foundation Inc:
Data Sources and Methodology
This transparency report for Fadem Family 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.