Foundation For Advanced Philanthrophy
EIN: 273308754 · Indianapolis, IN · NTEE: T99
| Metric | Value |
|---|---|
| Total Revenue | $39.3M |
| Total Expenses | $12.8M |
| Net Assets | $142.4M |
Is Foundation For Advanced Philanthrophy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foundation For Advanced Philanthrophy
Foundation For Advanced Philanthrophy (EIN: 273308754) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code T99. The organization reported total revenue of $39.3M and total assets of $142.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Advanced Philanthrophy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Advanced Philanthrophy is a large nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39.3M |
| Total Expenses | $12.8M |
| Surplus / Deficit | +$26.5M |
| Total Assets | $142.6M |
| Total Liabilities | $132K |
| Net Assets | $142.4M |
| Operating Margin | 67.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 133.9 months |
Financial Health Grade: A
In 2023, Foundation For Advanced Philanthrophy reported a surplus of $26.5M with revenue exceeding expenses, holds 133.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.2% | +25.1% | +20.8% |
| 2022 | +31.7% | +945.4% | +23.6% |
| 2021 | +77.7% | +50.0% | +30.2% |
| 2020 | -32.7% | -28.2% | +20.2% |
| 2019 | +68.7% | +89.1% | +43.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For Advanced Philanthrophy has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Foundation For Advanced Philanthrophy with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Foundation For Advanced Philanthrophy
Is Foundation For Advanced Philanthrophy a legitimate charity?
Foundation For Advanced Philanthrophy (EIN: 273308754) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $39.3M. No red flags identified. Financial health grade: A.
How does Foundation For Advanced Philanthrophy spend its money?
Foundation For Advanced Philanthrophy reported $39.3M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Foundation For Advanced Philanthrophy tax-deductible?
Foundation For Advanced Philanthrophy is registered as a tax-exempt nonprofit (EIN: 273308754). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For Advanced Philanthrophy located?
Foundation For Advanced Philanthrophy is headquartered in Indianapolis, Indiana and files with the IRS under EIN 273308754. It is classified under NTEE code T99.
How many years of IRS 990 filings does Foundation For Advanced Philanthrophy have?
Foundation For Advanced Philanthrophy 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 $39.3M in total revenue.
Filing History
IRS 990 filing history for Foundation For Advanced Philanthrophy showing financial trends over 13 years of public records:
Total assets increased by 92180.7% over the same period, from $154K to $142.6M. In its most recent filing year (2023), Foundation For Advanced Philanthrophy reported a surplus of $26.5M, with revenue exceeding expenses. The organization holds $132K in liabilities against $142.6M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $142.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39.3M | $12.8M | $142.6M | $132K | — | — |
| 2022 | $30.4M | $10.2M | $118.0M | $131K | — | View 990 |
| 2021 | $23.1M | $977K | $95.5M | $0 | — | View 990 |
| 2020 | $13.0M | $651K | $73.3M | $0 | — | — |
| 2019 | $19.3M | $907K | $61.0M | $0 | — | View 990 |
| 2018 | $11.4M | $480K | $42.6M | $0 | — | View 990 |
| 2017 | $9.2M | $203K | $31.6M | $0 | — | View 990 |
| 2016 | $5.7M | $452K | $22.6M | $0 | — | View 990 |
| 2015 | $14.8M | $541K | $17.4M | $0 | — | View 990 |
| 2014 | $2.4M | $1K | $3.1M | $0 | — | View 990 |
| 2013 | $450K | $44K | $703K | $0 | — | View 990 |
| 2012 | $165K | $23K | $297K | $0 | — | View 990 |
| 2011 | $0 | $0 | $154K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39.3M, expenses of $12.8M, and assets of $142.6M (revenue +29.2% year-over-year).
- 2022: Revenue of $30.4M, expenses of $10.2M, and assets of $118.0M (revenue +31.7% year-over-year).
- 2021: Revenue of $23.1M, expenses of $977K, and assets of $95.5M (revenue +77.7% year-over-year).
- 2020: Revenue of $13.0M, expenses of $651K, and assets of $73.3M (revenue -32.7% year-over-year).
- 2019: Revenue of $19.3M, expenses of $907K, and assets of $61.0M (revenue +68.7% year-over-year).
- 2018: Revenue of $11.4M, expenses of $480K, and assets of $42.6M (revenue +24.2% year-over-year).
- 2017: Revenue of $9.2M, expenses of $203K, and assets of $31.6M (revenue +61.8% year-over-year).
- 2016: Revenue of $5.7M, expenses of $452K, and assets of $22.6M (revenue -61.5% year-over-year).
- 2015: Revenue of $14.8M, expenses of $541K, and assets of $17.4M (revenue +516.4% year-over-year).
- 2014: Revenue of $2.4M, expenses of $1K, and assets of $3.1M (revenue +433.6% year-over-year).
- 2013: Revenue of $450K, expenses of $44K, and assets of $703K (revenue +173.4% year-over-year).
- 2012: Revenue of $165K, expenses of $23K, and assets of $297K.
- 2011: Revenue of $0, expenses of $0, and assets of $154K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Advanced Philanthrophy:
Data Sources and Methodology
This transparency report for Foundation For Advanced Philanthrophy 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.