Louis And Anne Abrons Foundation Inc
Louis And Anne Abrons Foundation maintains over $120M in assets with no reported officer compensation.
EIN: 136061329 · Wilmington, DE · Updated: 2026-03-28
Is Louis And Anne Abrons Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louis And Anne Abrons Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louis And Anne Abrons Foundation Inc
Louis And Anne Abrons Foundation Inc (EIN: 136061329) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $49.4M and total assets of $125.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louis And Anne Abrons Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Louis And Anne Abrons Foundation Inc is a large nonprofit that has been operating for 75 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.7M |
| Total Expenses | $10.1M |
| Surplus / Deficit | $-3,336,287 |
| Total Assets | $122.9M |
| Total Liabilities | $1 |
| Net Assets | $122.9M |
| Operating Margin | -49.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 146.4 months |
Financial Health Grade: B
In 2023, Louis And Anne Abrons Foundation Inc reported a deficit of $3.3M with expenses exceeding revenue, holds 146.4 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), Louis And Anne Abrons Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.3% | -7.9% | -2.7% |
| 2022 | -62.8% | +3.7% | -3.0% |
| 2021 | +151.8% | +2.3% | +7.0% |
| 2020 | +6.5% | +25.1% | -2.1% |
| 2019 | +191.1% | +123.4% | -2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1951 |
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 Louis And Anne Abrons 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, Louis And Anne Abrons 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's officers are either unpaid volunteers or compensated through other means not categorized as officer compensation, which is highly efficient for a foundation of this 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 Louis And Anne Abrons Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Louis And Anne Abrons Foundation Inc:
- Strong financial health with consistent assets over $120 million.
- No reported officer compensation, indicating high efficiency at the executive level.
- Consistent history of IRS 990 filings, demonstrating transparency.
- Substantial asset base provides long-term stability and capacity for grantmaking.
Frequently Asked Questions about Louis And Anne Abrons Foundation Inc
Is Louis And Anne Abrons Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Louis And Anne Abrons Foundation Inc (EIN: 136061329) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Louis And Anne Abrons Foundation Inc spend its money?
Louis And Anne Abrons Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Louis And Anne Abrons Foundation Inc tax-deductible?
Louis And Anne Abrons Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136061329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Louis And Anne Abrons Foundation Inc. a good charity?
Based on the available data, the foundation demonstrates strong financial health with substantial assets and no reported officer compensation, suggesting efficient use of funds at the executive level. However, without detailed program spending information, a full assessment of its charitable impact is limited.
How does the foundation manage its expenses given fluctuating revenues?
The foundation consistently incurs expenses in the range of $8-11 million annually in recent years, even as revenues fluctuate significantly (e.g., $6.7M in 2023 vs. $19.1M in 2021). This suggests a stable operational budget, likely supported by its substantial asset base, allowing it to maintain its grantmaking or operational activities regardless of yearly revenue variations.
What is the primary source of the foundation's revenue?
While not explicitly stated, the significant fluctuations in revenue, such as $117.9 million in 2014 and $19.1 million in 2021, alongside a large asset base, strongly suggest that investment income, capital gains, or large, infrequent contributions are primary drivers of its revenue.
Filing History
IRS 990 filing history for Louis And Anne Abrons Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Louis And Anne Abrons Foundation Inc's revenue has grown by 68%, moving from $4.0M to $6.7M. Total assets increased by 388.8% over the same period, from $25.1M to $122.9M. Total functional expenses rose by 145.3%, from $4.1M to $10.1M. In its most recent filing year (2023), Louis And Anne Abrons Foundation Inc reported a deficit of $3.3M, with expenses exceeding revenue. The organization holds $1 in liabilities against $122.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $122.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.7M | $10.1M | $122.9M | $1 | — | — |
| 2022 | $7.1M | $10.9M | $126.3M | $27K | — | View 990 |
| 2021 | $19.1M | $10.5M | $130.1M | $60K | — | View 990 |
| 2020 | $7.6M | $10.3M | $121.6M | $132K | — | View 990 |
| 2019 | $7.1M | $8.2M | $124.2M | $48K | — | View 990 |
| 2015 | $2.5M | $3.7M | $127.0M | $6K | — | View 990 |
| 2014 | $117.9M | $11.8M | $128.2M | $15K | — | View 990 |
| 2013 | $4.3M | $4.5M | $22.2M | $0 | — | View 990 |
| 2012 | $2.0M | $4.7M | $22.4M | $0 | — | View 990 |
| 2011 | $4.0M | $4.1M | $25.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.7M, expenses of $10.1M, and assets of $122.9M (revenue -5.3% year-over-year).
- 2022: Revenue of $7.1M, expenses of $10.9M, and assets of $126.3M (revenue -62.8% year-over-year).
- 2021: Revenue of $19.1M, expenses of $10.5M, and assets of $130.1M (revenue +151.8% year-over-year).
- 2020: Revenue of $7.6M, expenses of $10.3M, and assets of $121.6M (revenue +6.5% year-over-year).
- 2019: Revenue of $7.1M, expenses of $8.2M, and assets of $124.2M (revenue +191.1% year-over-year).
- 2015: Revenue of $2.5M, expenses of $3.7M, and assets of $127.0M (revenue -97.9% year-over-year).
- 2014: Revenue of $117.9M, expenses of $11.8M, and assets of $128.2M (revenue +2672.1% year-over-year).
- 2013: Revenue of $4.3M, expenses of $4.5M, and assets of $22.2M (revenue +113.7% year-over-year).
- 2012: Revenue of $2.0M, expenses of $4.7M, and assets of $22.4M (revenue -50.4% year-over-year).
- 2011: Revenue of $4.0M, expenses of $4.1M, and assets of $25.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Louis And Anne Abrons Foundation Inc:
Data Sources and Methodology
This transparency report for Louis And Anne Abrons 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.