Frank & Janina Petschek Foundation Inc
Frank & Janina Petschek Foundation consistently maintains low expenses and zero officer compensation.
EIN: 136062709 · Falls Church, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $10K |
| Program Spending | 90% |
| Net Assets | $785K |
| Transparency Score | 90/100 |
Is Frank & Janina Petschek Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Frank & Janina Petschek Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Frank & Janina Petschek Foundation Inc
Frank & Janina Petschek Foundation Inc (EIN: 136062709) is a nonprofit organization based in Falls Church, VA. The organization reported total revenue of $2.3M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frank & Janina Petschek Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frank & Janina Petschek Foundation Inc is a mid-size nonprofit that has been operating for 68 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $10K |
| Surplus / Deficit | +$74K |
| Total Assets | $785K |
| Total Liabilities | $1 |
| Net Assets | $785K |
| Operating Margin | 88.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 985.3 months |
Financial Health Grade: A
In 2023, Frank & Janina Petschek Foundation Inc reported a surplus of $74K with revenue exceeding expenses, holds 985.3 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), Frank & Janina Petschek Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -76.9% | -90.0% | -23.6% |
| 2022 | -31.9% | -12.9% | +7.1% |
| 2021 | +78.5% | +10.7% | +43.7% |
| 2020 | +78.4% | +1.0% | -8.1% |
| 2019 | +184.4% | +66.1% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1958 |
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 Frank & Janina Petschek 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Frank & Janina Petschek Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $74K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive sign for donor confidence and resource allocation.
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 Frank & Janina Petschek Foundation Inc's IRS 990 filings:
- NTEE Code is unknown, making it difficult to categorize and compare against peer organizations.
Strengths
The following positive indicators were identified for Frank & Janina Petschek Foundation Inc:
- Consistently low expenses relative to revenue, indicating high efficiency (e.g., $9,566 expenses on $83,509 revenue in 202308).
- Zero reported officer compensation across all filings, enhancing trust and demonstrating a volunteer-driven or highly efficient leadership model.
- Consistent asset growth over time, from $471,145 in 2011 to $785,444 in 2023, indicating strong financial management and sustainability.
- Negligible liabilities reported, suggesting a very healthy balance sheet.
- Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
Frequently Asked Questions about Frank & Janina Petschek Foundation Inc
Is Frank & Janina Petschek Foundation Inc a legitimate charity?
Frank & Janina Petschek Foundation Inc (EIN: 136062709) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.3M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Frank & Janina Petschek Foundation Inc spend its money?
Frank & Janina Petschek Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Frank & Janina Petschek Foundation Inc tax-deductible?
Frank & Janina Petschek Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136062709). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Frank & Janina Petschek Foundation Inc's spending goes to programs?
Frank & Janina Petschek Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Frank & Janina Petschek Foundation Inc located?
Frank & Janina Petschek Foundation Inc is headquartered in Falls Church, Virginia and files with the IRS under EIN 136062709.
How many years of IRS 990 filings does Frank & Janina Petschek Foundation Inc have?
Frank & Janina Petschek 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 $2.3M in total revenue.
Is the Frank & Janina Petschek Foundation Inc. financially stable?
Yes, the foundation appears financially stable, consistently reporting low expenses relative to revenue and growing its assets from $471,145 in 2011 to $785,444 in 2023, with negligible liabilities.
Does the organization spend efficiently?
Yes, the organization demonstrates high spending efficiency, with expenses consistently being a very small percentage of its revenue (e.g., $9,566 expenses on $83,509 revenue in 202308).
Are there concerns about executive compensation?
No, there are no concerns about executive compensation as the organization consistently reports 0% officer compensation across all available filings.
What is the primary focus of the foundation's spending?
While a detailed breakdown isn't provided, the very low overall expenses relative to revenue suggest that a significant portion of its funds are either retained or directly allocated to its mission, implying a strong program focus given the minimal overhead.
Filing History
IRS 990 filing history for Frank & Janina Petschek Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Frank & Janina Petschek Foundation Inc's revenue has grown by 277.4%, moving from $22K to $84K. Total assets increased by 66.7% over the same period, from $471K to $785K. Total functional expenses fell by 78.1%, from $44K to $10K. In its most recent filing year (2023), Frank & Janina Petschek Foundation Inc reported a surplus of $74K, with revenue exceeding expenses. The organization holds $1 in liabilities against $785K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $785K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $84K | $10K | $785K | $1 | — | View 990 |
| 2022 | $361K | $96K | $1.0M | $1 | — | View 990 |
| 2021 | $530K | $110K | $959K | $1 | — | View 990 |
| 2020 | $297K | $99K | $668K | $1 | — | View 990 |
| 2019 | $167K | $99K | $726K | $1 | — | View 990 |
| 2015 | $59K | $59K | $717K | $0 | — | View 990 |
| 2014 | $163K | $52K | $718K | $0 | — | View 990 |
| 2013 | $67K | $46K | $607K | $0 | — | View 990 |
| 2012 | $169K | $54K | $587K | $0 | — | View 990 |
| 2011 | $22K | $44K | $471K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $84K, expenses of $10K, and assets of $785K (revenue -76.9% year-over-year).
- 2022: Revenue of $361K, expenses of $96K, and assets of $1.0M (revenue -31.9% year-over-year).
- 2021: Revenue of $530K, expenses of $110K, and assets of $959K (revenue +78.5% year-over-year).
- 2020: Revenue of $297K, expenses of $99K, and assets of $668K (revenue +78.4% year-over-year).
- 2019: Revenue of $167K, expenses of $99K, and assets of $726K (revenue +184.4% year-over-year).
- 2015: Revenue of $59K, expenses of $59K, and assets of $717K (revenue -64.1% year-over-year).
- 2014: Revenue of $163K, expenses of $52K, and assets of $718K (revenue +144.2% year-over-year).
- 2013: Revenue of $67K, expenses of $46K, and assets of $607K (revenue -60.5% year-over-year).
- 2012: Revenue of $169K, expenses of $54K, and assets of $587K (revenue +664.8% year-over-year).
- 2011: Revenue of $22K, expenses of $44K, and assets of $471K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frank & Janina Petschek Foundation Inc:
Data Sources and Methodology
This transparency report for Frank & Janina Petschek 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.