Niel C And Karen M Ellerbrookfamily Foundation Inc
EIN: 260431032 · Indianapolis, IN · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $517K |
| Total Expenses | $238K |
| Net Assets | $2.4M |
Is Niel C And Karen M Ellerbrookfamily Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Niel C And Karen M Ellerbrookfamily Foundation Inc
Niel C And Karen M Ellerbrookfamily Foundation Inc (EIN: 260431032) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code T22. The organization reported total revenue of $517K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Niel C And Karen M Ellerbrookfamily Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Niel C And Karen M Ellerbrookfamily Foundation Inc is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -279.4% | +24.5% | -12.5% |
| 2022 | -94.1% | +1.0% | -4.5% |
| 2021 | +1180.3% | -3.4% | +39.9% |
| 2020 | +19.9% | +233.1% | -5.3% |
| 2019 | -77.2% | -69.4% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Niel C And Karen M Ellerbrookfamily Foundation Inc 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 Niel C And Karen M Ellerbrookfamily Foundation Inc 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Niel C And Karen M Ellerbrookfamily Foundation Inc
Is Niel C And Karen M Ellerbrookfamily Foundation Inc a legitimate charity?
Niel C And Karen M Ellerbrookfamily Foundation Inc (EIN: 260431032) is a registered tax-exempt nonprofit based in Indiana. It has 10 years of IRS 990 filings on record. Total revenue: $517K. No red flags identified. Financial health grade: B.
How does Niel C And Karen M Ellerbrookfamily Foundation Inc spend its money?
Niel C And Karen M Ellerbrookfamily Foundation Inc reported $517K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Niel C And Karen M Ellerbrookfamily Foundation Inc tax-deductible?
Niel C And Karen M Ellerbrookfamily Foundation Inc is registered as a tax-exempt nonprofit (EIN: 260431032). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Niel C And Karen M Ellerbrookfamily Foundation Inc located?
Niel C And Karen M Ellerbrookfamily Foundation Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 260431032. It is classified under NTEE code T22.
How many years of IRS 990 filings does Niel C And Karen M Ellerbrookfamily Foundation Inc have?
Niel C And Karen M Ellerbrookfamily Foundation Inc has 10 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 $517K in total revenue.
Filing History
IRS 990 filing history for Niel C And Karen M Ellerbrookfamily Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Niel C And Karen M Ellerbrookfamily Foundation Inc's revenue has declined by 194.9%, moving from $113K to $-107,243. Total assets increased by 56.1% over the same period, from $1.5M to $2.4M. Total functional expenses rose by 75%, from $136K to $238K. The organization holds $1 in liabilities against $2.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-107,243 | $238K | $2.4M | $1 | — | — |
| 2022 | $60K | $191K | $2.8M | $1 | — | View 990 |
| 2021 | $1.0M | $190K | $2.9M | $1 | — | — |
| 2020 | $79K | $196K | $2.1M | $1 | — | — |
| 2019 | $66K | $59K | $2.2M | $1 | — | View 990 |
| 2015 | $290K | $192K | $2.4M | $1 | — | View 990 |
| 2014 | $108K | $197K | $2.3M | $1 | — | View 990 |
| 2013 | $988K | $305K | $2.4M | $1 | — | View 990 |
| 2012 | $367K | $249K | $1.7M | $0 | — | View 990 |
| 2011 | $113K | $136K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-107,243, expenses of $238K, and assets of $2.4M (revenue -279.4% year-over-year).
- 2022: Revenue of $60K, expenses of $191K, and assets of $2.8M (revenue -94.1% year-over-year).
- 2021: Revenue of $1.0M, expenses of $190K, and assets of $2.9M (revenue +1180.3% year-over-year).
- 2020: Revenue of $79K, expenses of $196K, and assets of $2.1M (revenue +19.9% year-over-year).
- 2019: Revenue of $66K, expenses of $59K, and assets of $2.2M (revenue -77.2% year-over-year).
- 2015: Revenue of $290K, expenses of $192K, and assets of $2.4M (revenue +167.2% year-over-year).
- 2014: Revenue of $108K, expenses of $197K, and assets of $2.3M (revenue -89.0% year-over-year).
- 2013: Revenue of $988K, expenses of $305K, and assets of $2.4M (revenue +169.0% year-over-year).
- 2012: Revenue of $367K, expenses of $249K, and assets of $1.7M (revenue +225.0% year-over-year).
- 2011: Revenue of $113K, expenses of $136K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Niel C And Karen M Ellerbrookfamily Foundation Inc:
Data Sources and Methodology
This transparency report for Niel C And Karen M Ellerbrookfamily 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.