Fanny Allen Corporation
Fanny Allen Corporation: Declining Revenue, Strong Asset Base, and Zero Compensation
EIN: 222495808 · Andover, MA · NTEE: E110 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $580K |
| Total Expenses | $272K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $11.5M |
| Transparency Score | 65/100 |
Is Fanny Allen Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fanny Allen Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fanny Allen Corporation
Fanny Allen Corporation (EIN: 222495808) is a nonprofit organization based in Andover, MA, classified under NTEE code E110. The organization reported total revenue of $580K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fanny Allen Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fanny Allen Corporation is a small nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2201.1% | -13.9% | +16.5% |
| 2022 | -99.6% | +2.9% | -14.8% |
| 2021 | +582.8% | -7.5% | +11.9% |
| 2020 | -54.2% | +8.4% | +2.0% |
| 2019 | +83.8% | +6.3% | +15.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
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 Fanny Allen Corporation with a Mission Score of 65 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Fanny Allen Corporation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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:
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, indicating a volunteer-led or externally managed operational structure.
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 Fanny Allen Corporation's IRS 990 filings:
- Revenue has shown a significant decline from $2,141,874 in 2021 to $200,926 in 2023.
- Expenses consistently exceed revenue in recent years, with $272,357 in expenses against $200,926 in revenue in 2023.
Strengths
The following positive indicators were identified for Fanny Allen Corporation:
- Maintains a substantial asset base, with $11,545,675 in assets as of 2023.
- Consistently reports $0 in liabilities, indicating a very strong financial position regarding debt.
- Zero compensation reported for all years suggests a highly efficient or volunteer-driven operational model.
Frequently Asked Questions about Fanny Allen Corporation
Is Fanny Allen Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fanny Allen Corporation (EIN: 222495808) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Fanny Allen Corporation spend its money?
Fanny Allen Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fanny Allen Corporation tax-deductible?
Fanny Allen Corporation is registered as a tax-exempt nonprofit (EIN: 222495808). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fanny Allen Corporation CEO make?
Fanny Allen Corporation's highest-compensated officer earns $0 annually. The organization reported $580K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fanny Allen Corporation's spending goes to programs?
Fanny Allen Corporation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fanny Allen Corporation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Fanny Allen Corporation is above average for NTEE category E110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fanny Allen Corporation located?
Fanny Allen Corporation is headquartered in Andover, Massachusetts and files with the IRS under EIN 222495808. It is classified under NTEE code E110.
How many years of IRS 990 filings does Fanny Allen Corporation have?
Fanny Allen Corporation 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 $580K in total revenue.
What does Fanny Allen Corporation do?
Fanny Allen Corporation is a nonprofit organization in the Health Care sector, located in Andover, Massachusetts. It is classified under NTEE code E110.
How much revenue does Fanny Allen Corporation have?
Fanny Allen Corporation reported total revenue of $579,561. Based on 13 IRS 990 filings on record.
What are Fanny Allen Corporation's total assets?
Fanny Allen Corporation holds total assets of $4,820,167 as reported in IRS 990 filings.
Where is Fanny Allen Corporation located?
Fanny Allen Corporation is based in Andover, Massachusetts.
What is Fanny Allen Corporation's EIN?
Fanny Allen Corporation's Employer Identification Number (EIN) is 222495808. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Fanny Allen Corporation?
Fanny Allen Corporation is classified under NTEE code E110 (Health Care).
Is Fanny Allen Corporation a registered 501(c)(3)?
Yes, Fanny Allen Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222495808.
Does Fanny Allen Corporation file IRS Form 990?
Yes, Fanny Allen Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Fanny Allen Corporation's revenue in 2023?
In the 202312 filing period, Fanny Allen Corporation reported total revenue of $-200,926, total expenses of $272,357, and net assets of $11,545,675.
Is Fanny Allen Corporation's revenue growing or declining?
Fanny Allen Corporation's revenue is declining. Revenue went from $9,563 (202212) to $-200,926 (202312), a -2201.1% change. Based on 13 filings on record.
What is Fanny Allen Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Fanny Allen Corporation covers tax period 202312. It shows revenue of $-200,926, expenses of $272,357, total assets of $11,545,675, and liabilities of N/A.
How much does Fanny Allen Corporation spend on programs vs administration?
Based on IRS 990 analysis, Fanny Allen Corporation allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Fanny Allen Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Fanny Allen Corporation shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Fanny Allen Corporation?
The following concerns were identified: Revenue has shown a significant decline from $2,141,874 in 2021 to $200,926 in 2023.. Expenses consistently exceed revenue in recent years, with $272,357 in expenses against $200,926 in revenue in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Fanny Allen Corporation's strengths?
Positive indicators for Fanny Allen Corporation include: Maintains a substantial asset base, with $11,545,675 in assets as of 2023.. Consistently reports $0 in liabilities, indicating a very strong financial position regarding debt.. Zero compensation reported for all years suggests a highly efficient or volunteer-driven operational model.. These findings are derived from AI analysis of the organization's financial filings.
How does Fanny Allen Corporation compensate executives?
Executive compensation is consistently reported as $0 across all available filings, indicating a volunteer-led or externally managed operational structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 in compensation, how does Fanny Allen Corporation manage its operations and administrative functions?
The consistent $0 compensation suggests that the organization may rely entirely on volunteers, receive pro-bono services, or have its administrative functions managed by an affiliated entity without direct compensation from Fanny Allen Corporation itself. Further investigation into their operational model would be required to fully understand this structure.
What is the strategic plan for addressing the significant and consistent decline in revenue observed since 2021?
The revenue has dropped from over $2 million in 2021 to just over $200,000 in 2023. While the organization maintains a strong asset base, this trend is unsustainable for long-term operational funding. The filings do not explicitly detail a strategy to reverse this decline, which warrants further inquiry.
Filing History
IRS 990 filing history for Fanny Allen Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fanny Allen Corporation's revenue has declined by 134%, moving from $590K to $-200,926. Total assets increased by 61.1% over the same period, from $7.2M to $11.5M. Total functional expenses fell by 43.2%, from $479K to $272K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-200,926 | $272K | $11.5M | $0 | — | — |
| 2022 | $10K | $316K | $9.9M | $0 | — | View 990 |
| 2021 | $2.1M | $307K | $11.6M | $0 | — | View 990 |
| 2020 | $314K | $332K | $10.4M | $0 | — | View 990 |
| 2019 | $685K | $306K | $10.2M | $2K | — | View 990 |
| 2018 | $373K | $288K | $8.8M | $0 | — | View 990 |
| 2017 | $313K | $300K | $9.3M | $0 | — | View 990 |
| 2016 | $313K | $270K | $8.3M | $0 | — | View 990 |
| 2015 | $323K | $293K | $7.8M | $0 | — | View 990 |
| 2014 | $178K | $318K | $8.1M | $9K | — | View 990 |
| 2013 | $179K | $321K | $8.2M | $74K | — | View 990 |
| 2012 | $555K | $563K | $7.7M | $139K | — | View 990 |
| 2011 | $590K | $479K | $7.2M | $263K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-200,926, expenses of $272K, and assets of $11.5M (revenue -2201.1% year-over-year).
- 2022: Revenue of $10K, expenses of $316K, and assets of $9.9M (revenue -99.6% year-over-year).
- 2021: Revenue of $2.1M, expenses of $307K, and assets of $11.6M (revenue +582.8% year-over-year).
- 2020: Revenue of $314K, expenses of $332K, and assets of $10.4M (revenue -54.2% year-over-year).
- 2019: Revenue of $685K, expenses of $306K, and assets of $10.2M (revenue +83.8% year-over-year).
- 2018: Revenue of $373K, expenses of $288K, and assets of $8.8M (revenue +19.3% year-over-year).
- 2017: Revenue of $313K, expenses of $300K, and assets of $9.3M (revenue -0.2% year-over-year).
- 2016: Revenue of $313K, expenses of $270K, and assets of $8.3M (revenue -3.0% year-over-year).
- 2015: Revenue of $323K, expenses of $293K, and assets of $7.8M (revenue +81.7% year-over-year).
- 2014: Revenue of $178K, expenses of $318K, and assets of $8.1M (revenue -1.0% year-over-year).
- 2013: Revenue of $179K, expenses of $321K, and assets of $8.2M (revenue -67.7% year-over-year).
- 2012: Revenue of $555K, expenses of $563K, and assets of $7.7M (revenue -6.0% year-over-year).
- 2011: Revenue of $590K, expenses of $479K, and assets of $7.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fanny Allen Corporation:
Data Sources and Methodology
This transparency report for Fanny Allen Corporation 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.