Howard A Drescher Foundation Complex Tr
Howard A Drescher Foundation Complex Tr maintains strong asset growth and minimal liabilities with zero officer compensation.
EIN: 146178336 · Wilmington, DE · NTEE: T22Z · Updated: 2026-03-28
About Howard A Drescher Foundation Complex Tr
Howard A Drescher Foundation Complex Tr (EIN: 146178336) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22Z. The organization reported total revenue of $1.0M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Howard A Drescher Foundation Complex Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Howard A Drescher Foundation Complex Tr 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, Howard A Drescher Foundation Complex Tr 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officers or key employees receive compensation directly from the foundation, which is highly efficient for an organization of its asset size ($8,631,431 in 2023).
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 Howard A Drescher Foundation Complex Tr's IRS 990 filings:
- Lack of detailed program spending information in provided data
- Highly variable annual revenue, suggesting reliance on unpredictable investment returns
Strengths
The following positive indicators were identified for Howard A Drescher Foundation Complex Tr:
- Consistent asset growth from $1,685,811 (2011) to $8,631,431 (2023)
- Zero officer compensation reported across all filings
- Minimal liabilities ($0 or $1) indicating strong financial health
- Controlled and relatively stable expenses despite revenue fluctuations
- Strong financial reserves relative to annual expenses
Frequently Asked Questions about Howard A Drescher Foundation Complex Tr
What is the primary purpose of the Howard A Drescher Foundation Complex Tr?
Based on the NTEE code T22Z (Foundations & Fund-Raising Organizations, specifically 'Other Grantmaking Foundations'), the foundation likely engages in grantmaking activities, though specific beneficiaries or program areas are not detailed in the provided financial data.
How does the foundation manage its significant asset growth?
The substantial increase in assets from $1,685,811 in 2011 to $8,631,431 in 2023, alongside fluctuating revenue, suggests effective investment management strategies are in place, contributing significantly to its financial strength.
What is the foundation's long-term financial stability outlook?
With consistent asset growth, minimal liabilities, and controlled expenses, the foundation appears to have a very strong long-term financial stability outlook, capable of sustaining its operations and grantmaking activities.
Filing History
IRS 990 filing history for Howard A Drescher Foundation Complex Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Howard A Drescher Foundation Complex Tr's revenue has grown by 2300.6%, moving from $73K to $1.7M. Total assets increased by 412% over the same period, from $1.7M to $8.6M. Total functional expenses rose by 323%, from $129K to $548K. In its most recent filing year (2023), Howard A Drescher Foundation Complex Tr reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $548K | $8.6M | $1 | — | View 990 |
| 2022 | $187K | $532K | $7.4M | $1 | — | View 990 |
| 2021 | $891K | $600K | $7.8M | $1 | — | View 990 |
| 2020 | $384K | $495K | $7.5M | $1 | — | — |
| 2019 | $374K | $554K | $7.6M | $1 | — | View 990 |
| 2015 | $3.4M | $515K | $8.4M | $0 | — | View 990 |
| 2014 | $4.2M | $277K | $5.6M | $0 | — | View 990 |
| 2013 | $509K | $140K | $2.0M | $0 | — | View 990 |
| 2012 | $76K | $147K | $1.6M | $0 | — | View 990 |
| 2011 | $73K | $129K | $1.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $548K, and assets of $8.6M (revenue +832.7% year-over-year).
- 2022: Revenue of $187K, expenses of $532K, and assets of $7.4M (revenue -79.0% year-over-year).
- 2021: Revenue of $891K, expenses of $600K, and assets of $7.8M (revenue +132.0% year-over-year).
- 2020: Revenue of $384K, expenses of $495K, and assets of $7.5M (revenue +2.8% year-over-year).
- 2019: Revenue of $374K, expenses of $554K, and assets of $7.6M (revenue -89.1% year-over-year).
- 2015: Revenue of $3.4M, expenses of $515K, and assets of $8.4M (revenue -17.9% year-over-year).
- 2014: Revenue of $4.2M, expenses of $277K, and assets of $5.6M (revenue +718.2% year-over-year).
- 2013: Revenue of $509K, expenses of $140K, and assets of $2.0M (revenue +567.9% year-over-year).
- 2012: Revenue of $76K, expenses of $147K, and assets of $1.6M (revenue +4.9% year-over-year).
- 2011: Revenue of $73K, expenses of $129K, and assets of $1.7M.
Data Sources and Methodology
This transparency report for Howard A Drescher Foundation Complex Tr 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.