Natural Refrigeration Foundation
Natural Refrigeration Foundation consistently grows assets with zero reported officer compensation.
EIN: 208044425 · Alexandria, VA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $552K |
| Total Expenses | $167K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $4.0M |
| Transparency Score | 92/100 |
Is Natural Refrigeration Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Natural Refrigeration Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Natural Refrigeration Foundation
Natural Refrigeration Foundation (EIN: 208044425) is a nonprofit organization based in Alexandria, VA, classified under NTEE code B82. The organization reported total revenue of $552K and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Natural Refrigeration Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Natural Refrigeration Foundation is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $424K |
| Total Expenses | $167K |
| Surplus / Deficit | +$257K |
| Total Assets | $4.1M |
| Total Liabilities | $52K |
| Net Assets | $4.0M |
| Operating Margin | 60.5% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 292.6 months |
Financial Health Grade: A
In 2023, Natural Refrigeration Foundation reported a surplus of $257K with revenue exceeding expenses, holds 292.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Natural Refrigeration Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.1% | -27.8% | +10.2% |
| 2022 | +2.6% | -11.5% | -10.6% |
| 2021 | -37.8% | +58.6% | +13.2% |
| 2020 | -54.5% | -60.3% | +10.8% |
| 2019 | +207.6% | -0.7% | +29.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Natural Refrigeration Foundation with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Natural Refrigeration Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $257K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
The Natural Refrigeration Foundation reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer channels, which is highly favorable for a nonprofit of its size with assets approaching $5 million.
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.
Strengths
The following positive indicators were identified for Natural Refrigeration Foundation:
- Consistent asset growth, from $1.9M in 2014 to nearly $5M currently.
- Very low expense ratio relative to revenue, indicating high operational efficiency (e.g., 2023 expenses were $167,453 vs. revenue $424,146).
- Zero reported officer compensation across all 13 filings, enhancing transparency and trust.
- Strong financial stability with low liabilities compared to assets (e.g., $52,292 liabilities vs. $4,083,389 assets in 2023).
- Long history of consistent IRS 990 filings (13 filings), demonstrating commitment to compliance.
Frequently Asked Questions about Natural Refrigeration Foundation
Is Natural Refrigeration Foundation a legitimate charity?
Natural Refrigeration Foundation (EIN: 208044425) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $552K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Natural Refrigeration Foundation spend its money?
Natural Refrigeration Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Natural Refrigeration Foundation tax-deductible?
Natural Refrigeration Foundation is registered as a tax-exempt nonprofit (EIN: 208044425). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Natural Refrigeration Foundation CEO make?
Natural Refrigeration Foundation's highest-compensated officer earns $5 annually. The organization reported $552K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Natural Refrigeration Foundation's spending goes to programs?
Natural Refrigeration Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Natural Refrigeration Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Natural Refrigeration Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Natural Refrigeration Foundation located?
Natural Refrigeration Foundation is headquartered in Alexandria, Virginia and files with the IRS under EIN 208044425. It is classified under NTEE code B82.
How many years of IRS 990 filings does Natural Refrigeration Foundation have?
Natural Refrigeration Foundation has 13 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 $552K in total revenue.
Is Natural Refrigeration Foundation a good charity?
Based on the provided financial data, the Natural Refrigeration Foundation appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, very low expenses relative to revenue, and zero reported officer compensation, all of which are positive indicators of efficiency and mission focus.
How does Natural Refrigeration Foundation manage its expenses?
The organization manages its expenses very efficiently. For example, in 2023, expenses were only $167,453 against revenues of $424,146, indicating a significant portion of revenue is either retained or directly applied to programs with minimal overhead.
What is the trend in Natural Refrigeration Foundation's assets?
The Natural Refrigeration Foundation's assets have shown consistent and significant growth over time, increasing from $1,939,621 in 2014 to $4,970,167 currently, demonstrating strong financial stewardship and accumulation of resources.
Does Natural Refrigeration Foundation pay its officers?
No, the Natural Refrigeration Foundation consistently reports 0% officer compensation across all 13 available IRS 990 filings, suggesting a volunteer-led or very lean executive compensation structure.
Filing History
IRS 990 filing history for Natural Refrigeration Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Natural Refrigeration Foundation's revenue has declined by 43.7%, moving from $753K to $424K. Total assets increased by 281.5% over the same period, from $1.1M to $4.1M. Total functional expenses rose by 278.9%, from $44K to $167K. In its most recent filing year (2023), Natural Refrigeration Foundation reported a surplus of $257K, with revenue exceeding expenses. The organization holds $52K in liabilities against $4.1M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $424K | $167K | $4.1M | $52K | — | View 990 |
| 2022 | $362K | $232K | $3.7M | $53K | — | View 990 |
| 2021 | $353K | $262K | $4.1M | $55K | — | View 990 |
| 2020 | $568K | $165K | $3.7M | $72K | — | View 990 |
| 2019 | $1.2M | $417K | $3.3M | $92K | — | View 990 |
| 2018 | $406K | $420K | $2.5M | $109K | — | View 990 |
| 2017 | $346K | $266K | $2.5M | $36K | — | View 990 |
| 2016 | $332K | $256K | $2.2M | $41K | — | View 990 |
| 2015 | $249K | $62K | $2.2M | $9K | — | View 990 |
| 2014 | $390K | $45K | $1.9M | $3K | — | View 990 |
| 2013 | $253K | $73K | $1.5M | $0 | — | View 990 |
| 2012 | $209K | $56K | $1.2M | $205 | — | View 990 |
| 2011 | $753K | $44K | $1.1M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $424K, expenses of $167K, and assets of $4.1M (revenue +17.1% year-over-year).
- 2022: Revenue of $362K, expenses of $232K, and assets of $3.7M (revenue +2.6% year-over-year).
- 2021: Revenue of $353K, expenses of $262K, and assets of $4.1M (revenue -37.8% year-over-year).
- 2020: Revenue of $568K, expenses of $165K, and assets of $3.7M (revenue -54.5% year-over-year).
- 2019: Revenue of $1.2M, expenses of $417K, and assets of $3.3M (revenue +207.6% year-over-year).
- 2018: Revenue of $406K, expenses of $420K, and assets of $2.5M (revenue +17.3% year-over-year).
- 2017: Revenue of $346K, expenses of $266K, and assets of $2.5M (revenue +4.1% year-over-year).
- 2016: Revenue of $332K, expenses of $256K, and assets of $2.2M (revenue +33.6% year-over-year).
- 2015: Revenue of $249K, expenses of $62K, and assets of $2.2M (revenue -36.2% year-over-year).
- 2014: Revenue of $390K, expenses of $45K, and assets of $1.9M (revenue +54.2% year-over-year).
- 2013: Revenue of $253K, expenses of $73K, and assets of $1.5M (revenue +20.9% year-over-year).
- 2012: Revenue of $209K, expenses of $56K, and assets of $1.2M (revenue -72.3% year-over-year).
- 2011: Revenue of $753K, expenses of $44K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Natural Refrigeration Foundation:
Data Sources and Methodology
This transparency report for Natural Refrigeration 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.