Friedrich Naumann Foundation
EIN: 521758591 · Washington, DC · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.6M |
| Net Assets | $-378,811 |
Is Friedrich Naumann Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friedrich Naumann Foundation
Friedrich Naumann Foundation (EIN: 521758591) is a nonprofit organization based in Washington, DC, classified under NTEE code B99. The organization reported total revenue of $1.3M and total assets of $223K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friedrich Naumann Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friedrich Naumann Foundation is a mid-size nonprofit that has been operating for 29 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $597K |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-1,020,416 |
| Total Assets | $612K |
| Total Liabilities | $991K |
| Net Assets | $-378,811 |
| Operating Margin | -170.8% |
| Debt-to-Asset Ratio | 161.9% |
| Months of Reserves | 4.5 months |
Financial Health Grade: C
In 2023, Friedrich Naumann Foundation reported a deficit of $1.0M with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 161.9% (high leverage).
Financial Trends
Over 8 years of filings (2016–2023), Friedrich Naumann Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.2% | +5.1% | -6.3% |
| 2022 | +18.4% | +55.8% | -12.6% |
| 2021 | +299.4% | +52.0% | +110096.6% |
| 2020 | -63.5% | -28.3% | -99.8% |
| 2019 | -0.1% | +3.4% | +45.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friedrich Naumann Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friedrich Naumann Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 161.9%.
Frequently Asked Questions about Friedrich Naumann Foundation
Is Friedrich Naumann Foundation a legitimate charity?
Friedrich Naumann Foundation (EIN: 521758591) is a registered tax-exempt nonprofit based in Washington DC. It has 8 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: C.
How does Friedrich Naumann Foundation spend its money?
Friedrich Naumann Foundation reported $1.3M in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friedrich Naumann Foundation tax-deductible?
Friedrich Naumann Foundation is registered as a tax-exempt nonprofit (EIN: 521758591). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friedrich Naumann Foundation located?
Friedrich Naumann Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 521758591. It is classified under NTEE code B99.
How many years of IRS 990 filings does Friedrich Naumann Foundation have?
Friedrich Naumann Foundation has 8 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Friedrich Naumann Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Friedrich Naumann Foundation's revenue has grown by 0.3%, moving from $595K to $597K. Total assets increased by 1830.5% over the same period, from $32K to $612K. Total functional expenses rose by 156.9%, from $630K to $1.6M. In its most recent filing year (2023), Friedrich Naumann Foundation reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $991K in liabilities against $612K in assets (debt-to-asset ratio: 161.9%), resulting in net assets of $-378,811.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $597K | $1.6M | $612K | $991K | — | — |
| 2022 | $1.7M | $1.5M | $653K | $11K | — | View 990 |
| 2021 | $1.5M | $988K | $747K | $284K | — | View 990 |
| 2020 | $363K | $650K | $678 | $19 | — | — |
| 2019 | $996K | $906K | $288K | $518 | — | View 990 |
| 2018 | $997K | $877K | $198K | $0 | — | View 990 |
| 2017 | $856K | $808K | $77K | $68 | — | — |
| 2016 | $595K | $630K | $32K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $597K, expenses of $1.6M, and assets of $612K (revenue -65.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.5M, and assets of $653K (revenue +18.4% year-over-year).
- 2021: Revenue of $1.5M, expenses of $988K, and assets of $747K (revenue +299.4% year-over-year).
- 2020: Revenue of $363K, expenses of $650K, and assets of $678 (revenue -63.5% year-over-year).
- 2019: Revenue of $996K, expenses of $906K, and assets of $288K (revenue -0.1% year-over-year).
- 2018: Revenue of $997K, expenses of $877K, and assets of $198K (revenue +16.5% year-over-year).
- 2017: Revenue of $856K, expenses of $808K, and assets of $77K (revenue +43.7% year-over-year).
- 2016: Revenue of $595K, expenses of $630K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friedrich Naumann Foundation:
Data Sources and Methodology
This transparency report for Friedrich Naumann 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.