Fred A And Barbara M Erb Family Foundation

Fred A And Barbara M Erb Family Foundation consistently allocates 100% of officer compensation to programs, maintaining substantial assets for grantmaking.

EIN: 205966333 · Royal Oak, MI · NTEE: T20 · Updated: 2026-03-28

$46.1MRevenue

$363.1MAssets

95/100Mission Score (Excellent)

T20

About Fred A And Barbara M Erb Family Foundation

Fred A And Barbara M Erb Family Foundation (EIN: 205966333) is a nonprofit organization based in Royal Oak, MI, classified under NTEE code T20. The organization reported total revenue of $46.1M and total assets of $363.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fred A And Barbara M Erb Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Fred A And Barbara M Erb Family Foundation demonstrates strong financial health with substantial assets, most recently reported at $342,348,054 in 2023. As a grant-making foundation, its 'expenses' primarily represent grants paid out to other organizations, which is a direct fulfillment of its programmatic mission. The foundation consistently reports 0% officer compensation, indicating a commitment to directing resources towards its charitable objectives rather than executive salaries. While revenue fluctuates, the foundation's asset base provides a stable platform for its philanthropic activities.

The foundation's spending efficiency is high given its operational model. Since its primary function is to distribute grants, the vast majority of its 'expenses' are programmatic. For instance, in 2023, with total expenses of $25,505,821, the bulk of this would be grants. The absence of officer compensation further enhances its efficiency. Transparency is also strong, with a consistent filing history of IRS Form 990s, allowing for public scrutiny of its financial operations and grant-making activities. The foundation's NTEE code T20 (Private Grantmaking Foundations) aligns with its financial activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Fred A And Barbara M Erb 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: 0%
programs: 100%
fundraising: 0%

According to IRS 990 filings, Fred A And Barbara M Erb Family Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly commendable for a foundation of its size with assets exceeding $300 million.

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 Fred A And Barbara M Erb Family Foundation:

Consistently 0% officer compensation, directing all resources to mission.
Substantial and growing asset base, reaching $342,348,054 in 2023, ensuring long-term sustainability.
High program efficiency as a grant-making foundation, with expenses primarily being grants.
Consistent IRS 990 filing history, demonstrating strong transparency.
Strong financial health with significant assets relative to annual expenses.

Frequently Asked Questions about Fred A And Barbara M Erb Family Foundation

Is the Fred A And Barbara M Erb Family Foundation a good charity?

Yes, as a grant-making foundation, it appears to be a very good charity. It consistently reports 0% officer compensation, meaning all operational expenses are directed towards its mission, and it maintains a substantial asset base to support its grant-making activities.

How does the foundation manage its expenses?

The foundation's expenses primarily consist of grants paid to other organizations. For example, in 2023, total expenses were $25,505,821, which would largely represent grants distributed, aligning with its role as a private grantmaking foundation.

What is the trend in the foundation's assets?

The foundation's assets have shown significant growth over time, from $107,905,817 in 2011 to $342,348,054 in 2023, indicating strong financial stewardship and investment performance.

Filing History

IRS 990 filing history for Fred A And Barbara M Erb Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Fred A And Barbara M Erb Family Foundation's revenue has grown by 167.8%, moving from $3.7M to $10.0M. Total assets increased by 217.3% over the same period, from $107.9M to $342.3M. Total functional expenses rose by 345.6%, from $5.7M to $25.5M. In its most recent filing year (2023), Fred A And Barbara M Erb Family Foundation reported a deficit of $15.5M, with expenses exceeding revenue. The organization holds $15.7M in liabilities against $342.3M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $326.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$10.0M	$25.5M	$342.3M	$15.7M	—	—
2022	$16.1M	$22.9M	$329.5M	$10.1M	—	View 990
2021	$14.3M	$15.5M	$367.1M	$6.6M	—	View 990
2020	$13.5M	$14.6M	$295.4M	$5.7M	—	View 990
2019	$11.0M	$17.0M	$303.2M	$7.9M	—	View 990
2015	$13.2M	$14.9M	$284.9M	$7.9M	—	View 990
2014	$112.1M	$4.4M	$279.8M	$4.0M	—	View 990
2013	$66.4M	$11.4M	$167.4M	$6.7M	—	View 990
2012	$10.7M	$3.6M	$106.5M	$1.2M	—	View 990
2011	$3.7M	$5.7M	$107.9M	$3.5M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $10.0M, expenses of $25.5M, and assets of $342.3M (revenue -38.2% year-over-year).
2022: Revenue of $16.1M, expenses of $22.9M, and assets of $329.5M (revenue +12.8% year-over-year).
2021: Revenue of $14.3M, expenses of $15.5M, and assets of $367.1M (revenue +5.8% year-over-year).
2020: Revenue of $13.5M, expenses of $14.6M, and assets of $295.4M (revenue +23.3% year-over-year).
2019: Revenue of $11.0M, expenses of $17.0M, and assets of $303.2M (revenue -17.0% year-over-year).
2015: Revenue of $13.2M, expenses of $14.9M, and assets of $284.9M (revenue -88.2% year-over-year).
2014: Revenue of $112.1M, expenses of $4.4M, and assets of $279.8M (revenue +68.7% year-over-year).
2013: Revenue of $66.4M, expenses of $11.4M, and assets of $167.4M (revenue +518.7% year-over-year).
2012: Revenue of $10.7M, expenses of $3.6M, and assets of $106.5M (revenue +187.9% year-over-year).
2011: Revenue of $3.7M, expenses of $5.7M, and assets of $107.9M.

Data Sources and Methodology

This transparency report for Fred A And Barbara M Erb 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.