Ferriday Fund Charitable Tr
Ferriday Fund Charitable Tr consistently maintains strong assets and zero officer compensation.
EIN: 136967609 · Pittsburgh, PA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $642K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $9.7M |
| Transparency Score | 90/100 |
Is Ferriday Fund Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ferriday Fund Charitable Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ferriday Fund Charitable Tr
Ferriday Fund Charitable Tr (EIN: 136967609) is a nonprofit organization based in Pittsburgh, PA. The organization reported total revenue of $3.0M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ferriday Fund Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ferriday Fund Charitable Tr is a mid-size nonprofit that has been operating for 35 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $642K |
| Surplus / Deficit | +$437K |
| Total Assets | $9.7M |
| Total Liabilities | $1 |
| Net Assets | $9.7M |
| Operating Margin | 40.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 181.9 months |
Financial Health Grade: A
In 2024, Ferriday Fund Charitable Tr reported a surplus of $437K with revenue exceeding expenses, holds 181.9 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 (2011–2024), Ferriday Fund Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +29.6% | -19.4% | +5.4% |
| 2023 | -22.6% | +6.9% | -1.0% |
| 2022 | +32.4% | +27.5% | +4.4% |
| 2021 | +104.7% | -0.1% | +2.5% |
| 2020 | -22.5% | +1.9% | +7.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Ferriday Fund Charitable Tr 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, Ferriday Fund Charitable Tr 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $437K, 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 no salaries are paid to officers, which is highly unusual for an organization of its size with assets nearing $10 million.
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 Ferriday Fund Charitable Tr's IRS 990 filings:
- NTEE Code is unknown, limiting understanding of specific programmatic focus.
Strengths
The following positive indicators were identified for Ferriday Fund Charitable Tr:
- Consistent asset growth, from $7.2M in 2012 to $9.7M in 2024.
- Zero officer compensation reported across all filings, indicating high efficiency.
- Minimal liabilities ($0-$1) across all periods, showing strong financial health.
- Revenue consistently exceeds expenses in most recent periods, leading to surpluses.
- Strong financial reserves with assets nearing $10 million.
Frequently Asked Questions about Ferriday Fund Charitable Tr
Is Ferriday Fund Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Ferriday Fund Charitable Tr (EIN: 136967609) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Ferriday Fund Charitable Tr spend its money?
Ferriday Fund Charitable Tr directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ferriday Fund Charitable Tr tax-deductible?
Ferriday Fund Charitable Tr is registered as a tax-exempt nonprofit (EIN: 136967609). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ferriday Fund Charitable Tr CEO make?
Ferriday Fund Charitable Tr's highest-compensated officer earns $10 annually. The organization reported $3.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Ferriday Fund Charitable Tr located?
Ferriday Fund Charitable Tr is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 136967609.
How many years of IRS 990 filings does Ferriday Fund Charitable Tr have?
Ferriday Fund Charitable Tr 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 $3.0M in total revenue.
Is Ferriday Fund Charitable Tr a good charity?
Based on the available financial data, Ferriday Fund Charitable Tr appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and notably, zero officer compensation, suggesting a high proportion of funds are directed towards its mission.
How does Ferriday Fund Charitable Tr manage its overhead?
The organization manages its overhead exceptionally well, as evidenced by the consistent reporting of 0% officer compensation. This indicates that executive salaries are not a drain on resources, allowing more funds to be used for charitable purposes.
What is the financial stability of Ferriday Fund Charitable Tr?
Ferriday Fund Charitable Tr exhibits excellent financial stability. Its assets have grown consistently over the years, reaching $9,739,322 in 2024, and liabilities are consistently reported as minimal ($1 or $0), indicating a very low-risk financial position.
Filing History
IRS 990 filing history for Ferriday Fund Charitable Tr showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Ferriday Fund Charitable Tr's revenue has grown by 117.9%, moving from $495K to $1.1M. Total assets increased by 30.9% over the same period, from $7.4M to $9.7M. Total functional expenses rose by 50.1%, from $428K to $642K. In its most recent filing year (2024), Ferriday Fund Charitable Tr reported a surplus of $437K, with revenue exceeding expenses. The organization holds $1 in liabilities against $9.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $642K | $9.7M | $1 | — | View 990 |
| 2023 | $833K | $797K | $9.2M | $1 | — | View 990 |
| 2022 | $1.1M | $746K | $9.3M | $1 | — | View 990 |
| 2021 | $812K | $585K | $8.9M | $1 | — | View 990 |
| 2020 | $397K | $586K | $8.7M | $1 | — | View 990 |
| 2016 | $512K | $575K | $8.1M | $0 | — | View 990 |
| 2015 | $937K | $541K | $8.1M | $0 | — | View 990 |
| 2014 | $947K | $542K | $7.7M | $0 | — | View 990 |
| 2013 | $511K | $423K | $7.3M | $0 | — | View 990 |
| 2012 | $232K | $418K | $7.2M | $0 | — | View 990 |
| 2011 | $495K | $428K | $7.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.1M, expenses of $642K, and assets of $9.7M (revenue +29.6% year-over-year).
- 2023: Revenue of $833K, expenses of $797K, and assets of $9.2M (revenue -22.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $746K, and assets of $9.3M (revenue +32.4% year-over-year).
- 2021: Revenue of $812K, expenses of $585K, and assets of $8.9M (revenue +104.7% year-over-year).
- 2020: Revenue of $397K, expenses of $586K, and assets of $8.7M (revenue -22.5% year-over-year).
- 2016: Revenue of $512K, expenses of $575K, and assets of $8.1M (revenue -45.4% year-over-year).
- 2015: Revenue of $937K, expenses of $541K, and assets of $8.1M (revenue -1.1% year-over-year).
- 2014: Revenue of $947K, expenses of $542K, and assets of $7.7M (revenue +85.2% year-over-year).
- 2013: Revenue of $511K, expenses of $423K, and assets of $7.3M (revenue +120.9% year-over-year).
- 2012: Revenue of $232K, expenses of $418K, and assets of $7.2M (revenue -53.2% year-over-year).
- 2011: Revenue of $495K, expenses of $428K, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ferriday Fund Charitable Tr:
Data Sources and Methodology
This transparency report for Ferriday Fund Charitable Tr 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.