Frankfort Family Foundation
Frankfort Family Foundation maintains strong asset base with zero officer compensation and minimal liabilities.
EIN: 200383031 · Seattle, WA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| Net Assets | $2.9M |
| Transparency Score | 95/100 |
Is Frankfort Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Frankfort Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Frankfort Family Foundation
Frankfort Family Foundation (EIN: 200383031) is a nonprofit organization based in Seattle, WA, classified under NTEE code T22. The organization reported total revenue of $3.6M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frankfort Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frankfort Family Foundation is a mid-size nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $2.9M |
| Total Liabilities | $1 |
| Net Assets | $2.9M |
| Operating Margin | 68.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 32.2 months |
Financial Health Grade: A
In 2023, Frankfort Family Foundation reported a surplus of $2.3M with revenue exceeding expenses, holds 32.2 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 (2010–2023), Frankfort Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +111.7% | -46.8% | +17.2% |
| 2022 | -61.4% | +3870.8% | -14.9% |
| 2021 | +508.6% | -85.8% | +115.3% |
| 2020 | +1905.0% | -66.2% | +4.2% |
| 2019 | -58.3% | +85.6% | -58.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Frankfort Family Foundation with a Mission Score of 95 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, Frankfort Family Foundation 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 $2.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is a highly positive indicator, suggesting that all funds are directed towards the foundation's mission and operational costs, rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Frankfort Family Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency and mission focus.
- Consistently minimal liabilities ($0 or $1), demonstrating strong financial stability.
- Maintains a robust asset base, with assets consistently in the millions (e.g., $2,851,828 in 202312).
- Significant revenue generation, with the latest reported revenue at $3,324,944.
Frequently Asked Questions about Frankfort Family Foundation
Is Frankfort Family Foundation a legitimate charity?
Frankfort Family Foundation (EIN: 200383031) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 95/100. It has 11 years of IRS 990 filings on record. Total revenue: $3.6M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Frankfort Family Foundation spend its money?
Frankfort Family Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Frankfort Family Foundation tax-deductible?
Frankfort Family Foundation is registered as a tax-exempt nonprofit (EIN: 200383031). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Frankfort Family Foundation's spending goes to programs?
Frankfort Family Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Frankfort Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Frankfort Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Frankfort Family Foundation located?
Frankfort Family Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 200383031. It is classified under NTEE code T22.
How many years of IRS 990 filings does Frankfort Family Foundation have?
Frankfort Family Foundation 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 $3.6M in total revenue.
Is Frankfort Family Foundation a good charity?
Based on the available IRS 990 data, Frankfort Family Foundation appears to be a very good charity. It consistently reports zero officer compensation, maintains minimal liabilities, and has a strong asset base. While revenue and expenses fluctuate, the overall financial health and commitment to directing funds to its mission are strong.
How has the organization's revenue trended over time?
The organization's revenue has been highly variable. For example, it saw $4,073,253 in 202112, dropped to $1,570,878 in 202212, and then increased to $3,324,944 in 202312. This fluctuation suggests reliance on varying funding sources or project-specific grants.
What is the organization's liability situation?
The Frankfort Family Foundation consistently reports extremely low liabilities, either $0 or $1, across all available filings. This indicates exceptional financial stability and a very low debt burden.
Does the organization pay its officers?
No, the organization reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers.
Filing History
IRS 990 filing history for Frankfort Family Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Frankfort Family Foundation's revenue has declined by 23.1%, moving from $4.3M to $3.3M. Total assets decreased by 34.7% over the same period, from $4.4M to $2.9M. Total functional expenses fell by 26.7%, from $1.4M to $1.1M. In its most recent filing year (2023), Frankfort Family Foundation reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $1.1M | $2.9M | $1 | — | View 990 |
| 2022 | $1.6M | $2.0M | $2.4M | $1 | — | View 990 |
| 2021 | $4.1M | $50K | $2.9M | $1 | — | View 990 |
| 2020 | $669K | $355K | $1.3M | $1 | — | — |
| 2019 | $33K | $1.1M | $1.3M | $1 | — | — |
| 2015 | $80K | $566K | $3.1M | $0 | — | View 990 |
| 2014 | $1.6M | $1.2M | $3.3M | $0 | — | View 990 |
| 2013 | $2.0M | $2.0M | $3.3M | $0 | — | View 990 |
| 2012 | $84K | $2.1M | $3.3M | $0 | — | View 990 |
| 2011 | $2.0M | $1.5M | $5.0M | $0 | — | View 990 |
| 2010 | $4.3M | $1.4M | $4.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $1.1M, and assets of $2.9M (revenue +111.7% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.0M, and assets of $2.4M (revenue -61.4% year-over-year).
- 2021: Revenue of $4.1M, expenses of $50K, and assets of $2.9M (revenue +508.6% year-over-year).
- 2020: Revenue of $669K, expenses of $355K, and assets of $1.3M (revenue +1905.0% year-over-year).
- 2019: Revenue of $33K, expenses of $1.1M, and assets of $1.3M (revenue -58.3% year-over-year).
- 2015: Revenue of $80K, expenses of $566K, and assets of $3.1M (revenue -94.9% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.2M, and assets of $3.3M (revenue -22.9% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $3.3M (revenue +2341.1% year-over-year).
- 2012: Revenue of $84K, expenses of $2.1M, and assets of $3.3M (revenue -95.9% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.5M, and assets of $5.0M (revenue -52.8% year-over-year).
- 2010: Revenue of $4.3M, expenses of $1.4M, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Frankfort Family Foundation:
Data Sources and Methodology
This transparency report for Frankfort Family Foundation 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.