Richard J Fasenmyer Foundation
EIN: 341627457 · Brooklyn, OH
| Metric | Value |
|---|---|
| Total Expenses | $16.7M |
| Net Assets | $24.8M |
Is Richard J Fasenmyer Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Richard J Fasenmyer Foundation
Richard J Fasenmyer Foundation (EIN: 341627457) is a nonprofit organization based in Brooklyn, OH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richard J Fasenmyer Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richard J Fasenmyer Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -1165.0% | +105.8% | +4.2% |
| 2013 | -26.9% | +27.2% | +12.0% |
| 2012 | -8.6% | -45.5% | -2.6% |
AI Analysis Pending
AI enrichment for Richard J Fasenmyer Foundation 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 Richard J Fasenmyer Foundation 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 (2015)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Richard J Fasenmyer Foundation
Is Richard J Fasenmyer Foundation a legitimate charity?
Richard J Fasenmyer Foundation (EIN: 341627457) is a registered tax-exempt nonprofit based in Ohio. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Richard J Fasenmyer Foundation spend its money?
Richard J Fasenmyer Foundation reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Richard J Fasenmyer Foundation tax-deductible?
Richard J Fasenmyer Foundation is registered as a tax-exempt nonprofit (EIN: 341627457). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Richard J Fasenmyer Foundation located?
Richard J Fasenmyer Foundation is headquartered in Brooklyn, Ohio and files with the IRS under EIN 341627457.
How many years of IRS 990 filings does Richard J Fasenmyer Foundation have?
Richard J Fasenmyer Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Richard J Fasenmyer Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Richard J Fasenmyer Foundation's revenue has declined by 297.9%, moving from $572K to $-1,131,174. Total assets decreased by 35% over the same period, from $38.1M to $24.8M. Total functional expenses rose by 493.9%, from $2.8M to $16.7M. The organization holds $1 in liabilities against $24.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $24.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $-1,131,174 | $16.7M | $24.8M | $1 | — | View 990 |
| 2014 | $-4,067,536 | $4.0M | $43.3M | $1 | — | View 990 |
| 2013 | $382K | $2.0M | $41.6M | $1 | — | View 990 |
| 2012 | $522K | $1.5M | $37.1M | $1 | — | View 990 |
| 2011 | $572K | $2.8M | $38.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $-1,131,174, expenses of $16.7M, and assets of $24.8M.
- 2014: Revenue of $-4,067,536, expenses of $4.0M, and assets of $43.3M (revenue -1165.0% year-over-year).
- 2013: Revenue of $382K, expenses of $2.0M, and assets of $41.6M (revenue -26.9% year-over-year).
- 2012: Revenue of $522K, expenses of $1.5M, and assets of $37.1M (revenue -8.6% year-over-year).
- 2011: Revenue of $572K, expenses of $2.8M, and assets of $38.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richard J Fasenmyer Foundation:
Data Sources and Methodology
This transparency report for Richard J Fasenmyer 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.