Frontier Science And Technology Research Foundation Inc
Frontier Science And Technology Research Foundation Inc consistently operates with minimal margins and zero reported officer compensation.
EIN: 161056814 · Amherst, NY · NTEE: G30Z · Updated: 2026-03-28
Is Frontier Science And Technology Research Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Frontier Science And Technology Research Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Frontier Science And Technology Research Foundation Inc
Frontier Science And Technology Research Foundation Inc (EIN: 161056814) is a nonprofit organization based in Amherst, NY, classified under NTEE code G30Z. The organization reported total revenue of $31.0M and total assets of $18.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frontier Science And Technology Research Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Frontier Science And Technology Research Foundation Inc is a large nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.2M |
| Total Expenses | $29.2M |
| Surplus / Deficit | +$70K |
| Total Assets | $18.5M |
| Total Liabilities | $5.5M |
| Net Assets | $13.0M |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 29.7% |
| Months of Reserves | 7.6 months |
Financial Health Grade: A
In 2023, Frontier Science And Technology Research Foundation Inc reported a surplus of $70K with revenue exceeding expenses, holds 7.6 months of operating reserves (strong position), has a debt-to-asset ratio of 29.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Frontier Science And Technology Research Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.2% | +2.4% | -3.8% |
| 2022 | -6.2% | +2.5% | -4.0% |
| 2021 | +12.3% | +9.8% | +44.4% |
| 2020 | +12.4% | +5.3% | +7.0% |
| 2019 | +2.0% | +2.7% | +20.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8000 |
| IRS Ruling Date | 1976 |
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 Frontier Science And Technology Research Foundation Inc 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Frontier Science And Technology Research Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $70K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with revenues consistently in the tens of millions. This indicates either a volunteer leadership structure or that compensation is covered by other entities, but as reported, it reflects exceptional financial transparency and a direct commitment of funds to the mission.
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 Frontier Science And Technology Research Foundation Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Frontier Science And Technology Research Foundation Inc:
- Exceptional transparency with 0% reported officer compensation across all filings.
- High spending efficiency, with expenses consistently very close to revenue (e.g., 202306 revenue $29,220,222 vs. expenses $29,150,566).
- Stable and substantial revenue streams, consistently in the tens of millions.
- Healthy asset base, providing financial stability (e.g., $18,543,200 in 2023).
- Consistent financial performance over many years, indicating sound management.
Frequently Asked Questions about Frontier Science And Technology Research Foundation Inc
Is Frontier Science And Technology Research Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Frontier Science And Technology Research Foundation Inc (EIN: 161056814) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Frontier Science And Technology Research Foundation Inc spend its money?
Frontier Science And Technology Research Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Frontier Science And Technology Research Foundation Inc tax-deductible?
Frontier Science And Technology Research Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161056814). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Frontier Science And Technology Research Foundation Inc a good charity?
Based on the provided IRS 990 data, Frontier Science And Technology Research Foundation Inc appears to be a very good charity. It demonstrates high spending efficiency, with expenses closely matching revenue, and exceptional transparency regarding executive compensation (reported as 0%).
How does Frontier Science And Technology Research Foundation Inc manage its finances?
The organization manages its finances very tightly, with expenses consistently close to revenue, as seen in 202306 where revenue was $29,220,222 and expenses were $29,150,566. This indicates efficient use of funds and minimal accumulation of surplus, suggesting direct application of resources to its mission.
What is the trend in assets and liabilities for Frontier Science And Technology Research Foundation Inc?
Assets have generally remained strong, fluctuating but staying above $10 million, reaching $18,543,200 in 2023. Liabilities have also fluctuated but are well-covered by assets, indicating a healthy balance sheet. For example, in 202306, liabilities were $5,512,903 against assets of $18,543,200.
Filing History
IRS 990 filing history for Frontier Science And Technology Research Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Frontier Science And Technology Research Foundation Inc's revenue has declined by 39.4%, moving from $48.2M to $29.2M. Total assets decreased by 34.2% over the same period, from $28.2M to $18.5M. Total functional expenses fell by 38.7%, from $47.5M to $29.2M. In its most recent filing year (2023), Frontier Science And Technology Research Foundation Inc reported a surplus of $70K, with revenue exceeding expenses. The organization holds $5.5M in liabilities against $18.5M in assets (debt-to-asset ratio: 29.7%), resulting in net assets of $13.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29.2M | $29.2M | $18.5M | $5.5M | — | View 990 |
| 2022 | $28.6M | $28.5M | $19.3M | $6.2M | — | View 990 |
| 2021 | $30.5M | $27.8M | $20.1M | $7.1M | — | — |
| 2020 | $27.1M | $25.3M | $13.9M | $5.4M | — | — |
| 2019 | $24.2M | $24.0M | $13.0M | $6.5M | — | View 990 |
| 2018 | $23.7M | $23.4M | $10.8M | $4.2M | — | View 990 |
| 2017 | $22.8M | $22.2M | $12.4M | $5.9M | — | View 990 |
| 2016 | $31.0M | $31.0M | $17.0M | $11.2M | — | View 990 |
| 2015 | $36.9M | $37.9M | $20.7M | $11.4M | — | View 990 |
| 2014 | $40.9M | $41.7M | $28.8M | $18.6M | — | View 990 |
| 2013 | $42.8M | $43.1M | $30.8M | $20.0M | — | View 990 |
| 2012 | $47.1M | $45.7M | $27.3M | $16.4M | — | View 990 |
| 2011 | $48.2M | $47.5M | $28.2M | $18.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29.2M, expenses of $29.2M, and assets of $18.5M (revenue +2.2% year-over-year).
- 2022: Revenue of $28.6M, expenses of $28.5M, and assets of $19.3M (revenue -6.2% year-over-year).
- 2021: Revenue of $30.5M, expenses of $27.8M, and assets of $20.1M (revenue +12.3% year-over-year).
- 2020: Revenue of $27.1M, expenses of $25.3M, and assets of $13.9M (revenue +12.4% year-over-year).
- 2019: Revenue of $24.2M, expenses of $24.0M, and assets of $13.0M (revenue +2.0% year-over-year).
- 2018: Revenue of $23.7M, expenses of $23.4M, and assets of $10.8M (revenue +3.8% year-over-year).
- 2017: Revenue of $22.8M, expenses of $22.2M, and assets of $12.4M (revenue -26.4% year-over-year).
- 2016: Revenue of $31.0M, expenses of $31.0M, and assets of $17.0M (revenue -16.0% year-over-year).
- 2015: Revenue of $36.9M, expenses of $37.9M, and assets of $20.7M (revenue -9.9% year-over-year).
- 2014: Revenue of $40.9M, expenses of $41.7M, and assets of $28.8M (revenue -4.2% year-over-year).
- 2013: Revenue of $42.8M, expenses of $43.1M, and assets of $30.8M (revenue -9.3% year-over-year).
- 2012: Revenue of $47.1M, expenses of $45.7M, and assets of $27.3M (revenue -2.4% year-over-year).
- 2011: Revenue of $48.2M, expenses of $47.5M, and assets of $28.2M.
Data Sources and Methodology
This transparency report for Frontier Science And Technology Research 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.