Fried Family Foundation
Fried Family Foundation consistently operates at a deficit, drawing down assets over a decade.
EIN: 133807053 · Wilmington, DE · NTEE: T20I · Updated: 2026-03-28
Is Fried Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fried Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fried Family Foundation
Fried Family Foundation (EIN: 133807053) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20I. The organization reported total revenue of $228K and total assets of $813K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fried Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fried Family Foundation is a small nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $151K |
| Surplus / Deficit | $-24,439 |
| Total Assets | $956K |
| Total Liabilities | $1 |
| Net Assets | $956K |
| Operating Margin | -19.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 76.0 months |
Financial Health Grade: B
In 2023, Fried Family Foundation reported a deficit of $24K with expenses exceeding revenue, holds 76.0 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), Fried Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +304.7% | +5.1% | -2.5% |
| 2022 | -59.4% | -29.5% | -10.3% |
| 2021 | +82.1% | +38.8% | -10.4% |
| 2020 | -36.1% | -48.8% | -7.9% |
| 2019 | +13.6% | -25.8% | -19.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Fried Family Foundation with a Mission Score of 60 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Fried Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives, which is highly efficient for a nonprofit 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 Fried Family Foundation's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in almost every reported period.
- Significant long-term decline in total assets, from $1.87M in 2011 to $0.95M in 2023.
- Lack of detailed expense breakdown in provided data makes it difficult to assess program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for Fried Family Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency in executive pay.
- Consistent annual filing of IRS Form 990s, demonstrating transparency.
- Minimal liabilities reported ($0 or $1), suggesting a healthy balance sheet in terms of debt.
Frequently Asked Questions about Fried Family Foundation
Is Fried Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fried Family Foundation (EIN: 133807053) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Fried Family Foundation spend its money?
Fried Family Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fried Family Foundation tax-deductible?
Fried Family Foundation is registered as a tax-exempt nonprofit (EIN: 133807053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Fried Family Foundation financially sustainable?
Based on the provided data, the foundation has consistently spent more than it has brought in, leading to a significant decline in assets from $1,871,477 in 2011 to $955,967 in 2023. This trend suggests a lack of long-term financial sustainability if current spending patterns continue without a substantial increase in revenue.
What is the primary source of the foundation's expenses?
As a private grantmaking foundation (NTEE T20I), the primary expenses are typically grants paid out and administrative costs. Without a detailed breakdown of expenses from the 990s, it's not possible to specify the exact allocation, but the consistent deficits indicate significant outflows relative to income.
How has the foundation's asset base changed over time?
The foundation's assets have steadily declined from $1,871,477 in 2011 to $955,967 in 2023, representing a decrease of approximately 49% over this period. This is a direct result of expenses consistently exceeding revenues.
Filing History
IRS 990 filing history for Fried Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Fried Family Foundation's revenue has grown by 121.7%, moving from $57K to $126K. Total assets decreased by 48.9% over the same period, from $1.9M to $956K. Total functional expenses fell by 27.1%, from $207K to $151K. In its most recent filing year (2023), Fried Family Foundation reported a deficit of $24K, with expenses exceeding revenue. The organization holds $1 in liabilities against $956K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $956K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $126K | $151K | $956K | $1 | — | View 990 |
| 2022 | $31K | $143K | $980K | $1 | — | View 990 |
| 2021 | $77K | $204K | $1.1M | $1 | — | View 990 |
| 2020 | $42K | $147K | $1.2M | $1 | — | View 990 |
| 2019 | $66K | $287K | $1.3M | $1 | — | View 990 |
| 2015 | $58K | $386K | $1.6M | $1 | — | View 990 |
| 2014 | $562K | $241K | $2.0M | $0 | — | View 990 |
| 2013 | $26K | $195K | $1.6M | $0 | — | View 990 |
| 2012 | $74K | $136K | $1.8M | $0 | — | View 990 |
| 2011 | $57K | $207K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $126K, expenses of $151K, and assets of $956K (revenue +304.7% year-over-year).
- 2022: Revenue of $31K, expenses of $143K, and assets of $980K (revenue -59.4% year-over-year).
- 2021: Revenue of $77K, expenses of $204K, and assets of $1.1M (revenue +82.1% year-over-year).
- 2020: Revenue of $42K, expenses of $147K, and assets of $1.2M (revenue -36.1% year-over-year).
- 2019: Revenue of $66K, expenses of $287K, and assets of $1.3M (revenue +13.6% year-over-year).
- 2015: Revenue of $58K, expenses of $386K, and assets of $1.6M (revenue -89.6% year-over-year).
- 2014: Revenue of $562K, expenses of $241K, and assets of $2.0M (revenue +2034.9% year-over-year).
- 2013: Revenue of $26K, expenses of $195K, and assets of $1.6M (revenue -64.3% year-over-year).
- 2012: Revenue of $74K, expenses of $136K, and assets of $1.8M (revenue +29.2% year-over-year).
- 2011: Revenue of $57K, expenses of $207K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fried Family Foundation:
Data Sources and Methodology
This transparency report for Fried 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.