Franziska Racker Centers Inc
Franziska Racker Centers Inc consistently maintains financial stability with growing assets and revenues generally exceeding expenses.
EIN: 150581887 · Ithaca, NY · NTEE: P820 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $49.4M |
| Total Expenses | $46.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $19.7M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Franziska Racker Centers Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Franziska Racker Centers 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 Franziska Racker Centers Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $47.6M and expenses of $46.5M.
Revenue and Expenses
Franziska Racker Centers Inc reported $47.6M in revenue and $46.5M in expenses, a surplus of $1.1M.
Executive Compensation
Top officer compensation appears as $50 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.
Is Franziska Racker Centers 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 | $39.5M (85%) |
Across stored filings, Franziska Racker Centers Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Human Services context |
Trust Check
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Keep the Investigation Moving
Franziska Racker Centers Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Franziska Racker Centers Inc
Franziska Racker Centers Inc (EIN: 150581887) is a nonprofit organization based in Ithaca, NY, classified under NTEE code P820. The organization reported total revenue of $49.4M and total assets of $27.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Franziska Racker Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Franziska Racker Centers Inc is a large nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $47.6M |
| Total Expenses | $46.5M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $26.9M |
| Total Liabilities | $7.2M |
| Net Assets | $19.7M |
| Operating Margin | 2.3% |
| Debt-to-Asset Ratio | 26.7% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2023, Franziska Racker Centers Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 26.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Franziska Racker Centers Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.2% | -4.5% | +3.9% |
| 2022 | +15.9% | +18.1% | -3.0% |
| 2021 | +4.3% | +8.0% | +0.4% |
| 2020 | -3.8% | -2.8% | +8.4% |
| 2019 | +8.0% | +1.7% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
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 Franziska Racker Centers Inc with a Mission Score of 85 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: 85%
- fundraising: 5%
According to IRS 990 filings, Franziska Racker Centers Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.7%.
Executive Compensation Analysis
The reported officer compensation across all available filings is 0%, which is highly unusual for an organization of this size with nearly $50 million in annual revenue. This either indicates a fully volunteer executive leadership or that executive compensation is categorized differently within the detailed 990 forms, warranting further investigation for complete understanding.
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 Franziska Racker Centers Inc's IRS 990 filings:
- Officer compensation reported as 0% for an organization of this size, which may require further clarification from detailed filings.
Strengths
The following positive indicators were identified for Franziska Racker Centers Inc:
- Consistent revenue growth, increasing from $32.7M in 2014 to $47.5M in 2023.
- Maintained financial surpluses in most years (e.g., $1,106,951 in 2023), indicating fiscal responsibility.
- Steady growth in assets from $24.9M in 2014 to $26.9M in 2023, enhancing long-term stability.
- Consistent filing of IRS 990 forms over 13 periods, demonstrating transparency.
- Low liabilities relative to assets (e.g., $7.1M liabilities vs. $26.9M assets in 2023), indicating a strong balance sheet.
Frequently Asked Questions about Franziska Racker Centers Inc
Is Franziska Racker Centers Inc a legitimate charity?
Franziska Racker Centers Inc (EIN: 150581887) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $49.4M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Franziska Racker Centers Inc spend its money?
Franziska Racker Centers Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Franziska Racker Centers Inc tax-deductible?
Franziska Racker Centers Inc is registered as a tax-exempt nonprofit (EIN: 150581887). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Franziska Racker Centers Inc CEO make?
Franziska Racker Centers Inc's highest-compensated officer earns $50 annually. The organization reported $49.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Franziska Racker Centers Inc's spending goes to programs?
Franziska Racker Centers Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Franziska Racker Centers Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Franziska Racker Centers Inc is above average for NTEE category P820 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Franziska Racker Centers Inc located?
Franziska Racker Centers Inc is headquartered in Ithaca, New York and files with the IRS under EIN 150581887. It is classified under NTEE code P820.
How many years of IRS 990 filings does Franziska Racker Centers Inc have?
Franziska Racker Centers Inc 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 $49.4M in total revenue.
Is Franziska Racker Centers Inc a good charity?
Based on the provided financial data, Franziska Racker Centers Inc appears to be a financially stable and well-managed organization with consistent revenue growth and asset accumulation. The consistent surpluses (e.g., $1,106,951 in 2023) suggest effective financial management. However, a full assessment would require detailed program spending ratios.
How does Franziska Racker Centers Inc manage its finances?
The organization demonstrates strong financial management, consistently generating revenues that generally exceed expenses (e.g., $47,558,198 revenue vs. $46,451,247 expenses in 2023). Its assets have grown from $24,988,233 in 2014 to $26,938,844 in 2023, indicating prudent financial stewardship and accumulation of resources.
What is the trend in Franziska Racker Centers Inc's revenue and expenses?
Franziska Racker Centers Inc has shown a consistent upward trend in both revenue and expenses over the past decade. Revenue increased from $32,723,890 in 2014 to $47,558,198 in 2023, with expenses generally tracking closely behind, indicating growth in operations and services.
Filing History
IRS 990 filing history for Franziska Racker Centers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Franziska Racker Centers Inc's revenue has grown by 74.2%, moving from $27.3M to $47.6M. Total assets increased by 14.8% over the same period, from $23.5M to $26.9M. Total functional expenses rose by 75.7%, from $26.4M to $46.5M. In its most recent filing year (2023), Franziska Racker Centers Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $7.2M in liabilities against $26.9M in assets (debt-to-asset ratio: 26.7%), resulting in net assets of $19.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $47.6M | $46.5M | $26.9M | $7.2M | — | View 990 |
| 2022 | $48.6M | $48.6M | $25.9M | $7.7M | — | View 990 |
| 2021 | $41.9M | $41.2M | $26.7M | $7.3M | — | View 990 |
| 2020 | $40.2M | $38.1M | $26.6M | $7.9M | — | View 990 |
| 2019 | $41.8M | $39.2M | $24.6M | $7.0M | — | View 990 |
| 2018 | $38.7M | $38.6M | $23.4M | $6.7M | — | View 990 |
| 2017 | $36.4M | $36.6M | $24.2M | $6.8M | — | View 990 |
| 2016 | $35.6M | $35.0M | $24.8M | $7.5M | — | View 990 |
| 2015 | $34.2M | $33.9M | $24.3M | $7.7M | — | View 990 |
| 2014 | $32.7M | $32.9M | $25.0M | $8.5M | — | View 990 |
| 2013 | $29.1M | $28.5M | $24.7M | $8.0M | — | View 990 |
| 2012 | $27.5M | $26.4M | $25.0M | $9.0M | — | View 990 |
| 2011 | $27.3M | $26.4M | $23.5M | $8.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $47.6M, expenses of $46.5M, and assets of $26.9M (revenue -2.2% year-over-year).
- 2022: Revenue of $48.6M, expenses of $48.6M, and assets of $25.9M (revenue +15.9% year-over-year).
- 2021: Revenue of $41.9M, expenses of $41.2M, and assets of $26.7M (revenue +4.3% year-over-year).
- 2020: Revenue of $40.2M, expenses of $38.1M, and assets of $26.6M (revenue -3.8% year-over-year).
- 2019: Revenue of $41.8M, expenses of $39.2M, and assets of $24.6M (revenue +8.0% year-over-year).
- 2018: Revenue of $38.7M, expenses of $38.6M, and assets of $23.4M (revenue +6.4% year-over-year).
- 2017: Revenue of $36.4M, expenses of $36.6M, and assets of $24.2M (revenue +2.1% year-over-year).
- 2016: Revenue of $35.6M, expenses of $35.0M, and assets of $24.8M (revenue +4.1% year-over-year).
- 2015: Revenue of $34.2M, expenses of $33.9M, and assets of $24.3M (revenue +4.6% year-over-year).
- 2014: Revenue of $32.7M, expenses of $32.9M, and assets of $25.0M (revenue +12.3% year-over-year).
- 2013: Revenue of $29.1M, expenses of $28.5M, and assets of $24.7M (revenue +6.0% year-over-year).
- 2012: Revenue of $27.5M, expenses of $26.4M, and assets of $25.0M (revenue +0.7% year-over-year).
- 2011: Revenue of $27.3M, expenses of $26.4M, and assets of $23.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Franziska Racker Centers Inc:
Data Sources and Methodology
This transparency report for Franziska Racker Centers 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.