Fried Foundation Inc
Fried Foundation Inc. consistently accumulates assets with minimal expenses and no reported officer compensation.
EIN: 136197403 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.5M |
| Total Expenses | $1.6M |
| Program Spending | 90% |
| Net Assets | $29.6M |
| Transparency Score | 85/100 |
Is Fried Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fried Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fried Foundation Inc
Fried Foundation Inc (EIN: 136197403) is a nonprofit organization based in New York, NY. The organization reported total revenue of $12.5M and total assets of $31.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fried Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fried Foundation Inc is a large nonprofit that has been operating for 60 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 51.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $29.6M |
| Total Liabilities | $1 |
| Net Assets | $29.6M |
| Operating Margin | 41.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 222.6 months |
Financial Health Grade: A
In 2024, Fried Foundation Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 222.6 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 (2012–2024), Fried Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 51.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -66.6% | +1.8% | -0.2% |
| 2023 | -48.8% | +35.4% | +17.6% |
| 2022 | +126.3% | +26.5% | +53.3% |
| 2021 | +44.5% | +46.5% | +33.2% |
| 2020 | +3006.6% | +380.7% | +1219.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
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 Foundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Fried 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 (2024)
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: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through an external entity, which significantly reduces direct administrative overhead.
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 Foundation Inc's IRS 990 filings:
- NTEE code is unknown, limiting understanding of mission area
- Lack of detailed expense breakdown beyond total expenses
Strengths
The following positive indicators were identified for Fried Foundation Inc:
- Strong asset growth, from $478,537 in 2012 to $31,906,654 currently
- Consistently low expenses relative to revenue, indicating efficient operational management
- No reported officer compensation, suggesting low administrative overhead
- Significant financial capacity for grantmaking due to large asset base
Frequently Asked Questions about Fried Foundation Inc
Is Fried Foundation Inc a legitimate charity?
Fried Foundation Inc (EIN: 136197403) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $12.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Fried Foundation Inc spend its money?
Fried Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Fried Foundation Inc tax-deductible?
Fried Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136197403). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fried Foundation Inc located?
Fried Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136197403.
How many years of IRS 990 filings does Fried Foundation Inc have?
Fried 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 $12.5M in total revenue.
What is the primary programmatic focus of Fried Foundation Inc.?
The NTEE code is unknown, and detailed program service expense breakdowns are not provided in the summary data, making it difficult to ascertain the specific programmatic focus of the foundation.
How does Fried Foundation Inc. manage to have $0 officer compensation?
The consistent reporting of $0 officer compensation suggests that the foundation's leadership may be entirely volunteer-based or that compensation is handled through an affiliated entity not directly reported on these 990 forms.
Is the significant difference between revenue and expenses typical for a foundation?
Yes, for a grantmaking foundation, it is common to have revenue significantly exceed expenses in a given year, as much of the revenue is added to the endowment for future grantmaking rather than being spent immediately on operations.
Filing History
IRS 990 filing history for Fried Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Fried Foundation Inc's revenue has grown by 14392.5%, moving from $19K to $2.7M. Total assets increased by 6081.2% over the same period, from $479K to $29.6M. Total functional expenses rose by 2413.3%, from $63K to $1.6M. In its most recent filing year (2024), Fried Foundation Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $29.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $29.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.7M | $1.6M | $29.6M | $1 | — | View 990 |
| 2023 | $8.1M | $1.6M | $29.6M | $1 | — | View 990 |
| 2022 | $15.8M | $1.2M | $25.2M | $1 | — | View 990 |
| 2021 | $7.0M | $915K | $16.4M | $1 | — | View 990 |
| 2020 | $4.8M | $624K | $12.3M | $1 | — | View 990 |
| 2016 | $156K | $130K | $935K | $1 | — | View 990 |
| 2015 | $552K | $547K | $909K | $1 | — | View 990 |
| 2014 | $120K | $132K | $905K | $1 | — | View 990 |
| 2013 | $582K | $144K | $916K | $1 | — | View 990 |
| 2012 | $19K | $63K | $479K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.7M, expenses of $1.6M, and assets of $29.6M (revenue -66.6% year-over-year).
- 2023: Revenue of $8.1M, expenses of $1.6M, and assets of $29.6M (revenue -48.8% year-over-year).
- 2022: Revenue of $15.8M, expenses of $1.2M, and assets of $25.2M (revenue +126.3% year-over-year).
- 2021: Revenue of $7.0M, expenses of $915K, and assets of $16.4M (revenue +44.5% year-over-year).
- 2020: Revenue of $4.8M, expenses of $624K, and assets of $12.3M (revenue +3006.6% year-over-year).
- 2016: Revenue of $156K, expenses of $130K, and assets of $935K (revenue -71.8% year-over-year).
- 2015: Revenue of $552K, expenses of $547K, and assets of $909K (revenue +360.1% year-over-year).
- 2014: Revenue of $120K, expenses of $132K, and assets of $905K (revenue -79.4% year-over-year).
- 2013: Revenue of $582K, expenses of $144K, and assets of $916K (revenue +3010.1% year-over-year).
- 2012: Revenue of $19K, expenses of $63K, and assets of $479K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fried Foundation Inc:
Data Sources and Methodology
This transparency report for Fried 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.