Frankel Family Foundation Inc
Frankel Family Foundation shows extreme revenue volatility and asset decline, with zero reported officer compensation.
EIN: 203326897 · West Caldwell, NJ · NTEE: T20 · Updated: 2026-03-28
Source Check Matrix
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Frankel Family Foundation Inc is mapped to EIN 203326897.
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90% program spend, health grade B
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| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| Net Assets | $518K |
| Transparency Score | 70/100 |
Search Intent Cockpit
Frankel Family Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Frankel Family Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Frankel Family Foundation Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $951K and expenses of $1.1M.
Revenue and Expenses
Frankel Family Foundation Inc reported $951K in revenue and $1.1M in expenses, a deficit of $155K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
70/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.
Is Frankel Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $996K (90%) |
Across stored filings, Frankel Family Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
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| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 4 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Philanthropy context |
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Frankel Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Frankel Family Foundation Inc
Frankel Family Foundation Inc (EIN: 203326897) is a nonprofit organization based in West Caldwell, NJ, classified under NTEE code T20. The organization reported total revenue of $3.1M and total assets of $506K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frankel Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frankel Family Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $951K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-155,247 |
| Total Assets | $518K |
| Total Liabilities | $1 |
| Net Assets | $518K |
| Operating Margin | -16.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 5.6 months |
Financial Health Grade: B
In 2023, Frankel Family Foundation Inc reported a deficit of $155K with expenses exceeding revenue, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Frankel Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +89.4% | -37.3% | -23.1% |
| 2019 | -676.0% | +68.5% | +2295.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Frankel Family Foundation Inc with a Mission Score of 70 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: 90%
- fundraising: 0%
According to IRS 990 filings, Frankel 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 deficit of $155K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient for an organization of its size.
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 Frankel Family Foundation Inc's IRS 990 filings:
- Extreme revenue volatility, including large negative revenue figures, indicating potential instability in funding sources or investment performance.
- Significant decline in assets from over $22 million in 2019 to $517,800 in 2023, raising concerns about long-term sustainability.
- Expenses frequently exceeding reported positive revenue, suggesting reliance on asset drawdowns or other funding not reflected as positive revenue.
- Current assets ($517,800 in 2023) are less than annual expenses ($1,106,521 in 2023), indicating a potential liquidity challenge or a strategy of spending down the endowment.
Strengths
The following positive indicators were identified for Frankel Family Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating a highly efficient and volunteer-led executive structure.
- Very low reported liabilities across all periods, suggesting good financial management regarding debt.
- As a private foundation, its primary focus is typically on grantmaking, aligning with a program-centric mission.
Frequently Asked Questions about Frankel Family Foundation Inc
Is Frankel Family Foundation Inc a legitimate charity?
Frankel Family Foundation Inc (EIN: 203326897) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.1M. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Frankel Family Foundation Inc spend its money?
Frankel Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Frankel Family Foundation Inc tax-deductible?
Frankel Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203326897). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Frankel Family Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Frankel Family Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Frankel Family Foundation Inc located?
Frankel Family Foundation Inc is headquartered in West Caldwell, New Jersey and files with the IRS under EIN 203326897. It is classified under NTEE code T20.
How many years of IRS 990 filings does Frankel Family Foundation Inc have?
Frankel 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 $3.1M in total revenue.
What is the nature of the large negative revenue figures reported in several years?
The negative revenue figures (e.g., -$7,363,095 in 2021, -$9,886,011 in 2020) are highly unusual and typically indicate significant investment losses or substantial asset revaluations rather than operational revenue deficits. Further investigation into the organization's investment activities would be required to understand this.
How does the foundation sustain its operations and grantmaking with such volatile revenue and declining assets?
With assets declining from over $22 million in 2019 to $517,800 in 2023, and expenses often exceeding positive revenue, the foundation appears to be spending down its principal or relying on intermittent large contributions to fund its activities. The 2023 expenses of $1,106,521 significantly exceed its assets of $517,800, suggesting a reliance on new funding or a rapid liquidation of assets.
What specific programs or grants does the Frankel Family Foundation support?
As a private foundation (NTEE T20), its primary 'program' is typically grantmaking. The filings do not provide specific details on the recipients or types of grants, which would require reviewing Schedule I of the Form 990-PF (if applicable) or other public disclosures.
Filing History
IRS 990 filing history for Frankel Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Frankel Family Foundation Inc's revenue has grown by 15.6%, moving from $823K to $951K. Total assets increased by 318.6% over the same period, from $124K to $518K. Total functional expenses rose by 33.5%, from $829K to $1.1M. In its most recent filing year (2023), Frankel Family Foundation Inc reported a deficit of $155K, with expenses exceeding revenue. The organization holds $1 in liabilities against $518K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $518K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $951K | $1.1M | $518K | $1 | — | — |
| 2022 | $502K | $1.8M | $673K | $1 | — | View 990 |
| 2021 | $-7,363,095 | $2.0M | $1.9M | $1 | — | View 990 |
| 2020 | $-9,886,011 | $1.6M | $11.4M | $83K | — | View 990 |
| 2019 | $-5,762,600 | $1.2M | $22.8M | $45K | — | View 990 |
| 2015 | $1.0M | $724K | $951K | $45K | — | View 990 |
| 2014 | $500K | $843K | $675K | $45K | — | View 990 |
| 2013 | $1.4M | $742K | $1.0M | $45K | — | View 990 |
| 2012 | $867K | $668K | $324K | $45K | — | View 990 |
| 2011 | $823K | $829K | $124K | $45K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $951K, expenses of $1.1M, and assets of $518K (revenue +89.4% year-over-year).
- 2022: Revenue of $502K, expenses of $1.8M, and assets of $673K.
- 2021: Revenue of $-7,363,095, expenses of $2.0M, and assets of $1.9M.
- 2020: Revenue of $-9,886,011, expenses of $1.6M, and assets of $11.4M.
- 2019: Revenue of $-5,762,600, expenses of $1.2M, and assets of $22.8M (revenue -676.0% year-over-year).
- 2015: Revenue of $1.0M, expenses of $724K, and assets of $951K (revenue +100.1% year-over-year).
- 2014: Revenue of $500K, expenses of $843K, and assets of $675K (revenue -65.2% year-over-year).
- 2013: Revenue of $1.4M, expenses of $742K, and assets of $1.0M (revenue +65.6% year-over-year).
- 2012: Revenue of $867K, expenses of $668K, and assets of $324K (revenue +5.4% year-over-year).
- 2011: Revenue of $823K, expenses of $829K, and assets of $124K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frankel Family Foundation Inc:
Data Sources and Methodology
This transparency report for Frankel 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.