Robert E Frazier Tri City Area Charitable Foundation Inc
EIN: 453278636 · Lexington, KY · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $404K |
| Net Assets | $6.3M |
Is Robert E Frazier Tri City Area Charitable 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 Robert E Frazier Tri City Area Charitable Foundation Inc
Robert E Frazier Tri City Area Charitable Foundation Inc (EIN: 453278636) is a nonprofit organization based in Lexington, KY, classified under NTEE code T20. The organization reported total revenue of $5.6M and total assets of $6.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert E Frazier Tri City Area Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert E Frazier Tri City Area Charitable Foundation Inc is a mid-size nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 240.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $212K |
| Total Expenses | $404K |
| Surplus / Deficit | $-192,107 |
| Total Assets | $6.3M |
| Total Liabilities | $188 |
| Net Assets | $6.3M |
| Operating Margin | -90.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 187.8 months |
Financial Health Grade: B
In 2023, Robert E Frazier Tri City Area Charitable Foundation Inc reported a deficit of $192K with expenses exceeding revenue, holds 187.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2013–2023), Robert E Frazier Tri City Area Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 240.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.5% | -16.8% | -2.9% |
| 2022 | -59.8% | -0.8% | -3.7% |
| 2021 | +211.3% | +11.4% | +2.1% |
| 2020 | -36.0% | +7.6% | -3.8% |
| 2019 | +45.2% | -6.6% | -9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Robert E Frazier Tri City Area Charitable 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 Robert E Frazier Tri City Area Charitable 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:
- The organization reported a deficit of $192K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Robert E Frazier Tri City Area Charitable Foundation Inc
Is Robert E Frazier Tri City Area Charitable Foundation Inc a legitimate charity?
Robert E Frazier Tri City Area Charitable Foundation Inc (EIN: 453278636) is a registered tax-exempt nonprofit based in Kentucky. It has 8 years of IRS 990 filings on record. Total revenue: $5.6M. No red flags identified. Financial health grade: B.
How does Robert E Frazier Tri City Area Charitable Foundation Inc spend its money?
Robert E Frazier Tri City Area Charitable Foundation Inc reported $5.6M in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Robert E Frazier Tri City Area Charitable Foundation Inc tax-deductible?
Robert E Frazier Tri City Area Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 453278636). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Robert E Frazier Tri City Area Charitable Foundation Inc located?
Robert E Frazier Tri City Area Charitable Foundation Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 453278636. It is classified under NTEE code T20.
How many years of IRS 990 filings does Robert E Frazier Tri City Area Charitable Foundation Inc have?
Robert E Frazier Tri City Area Charitable Foundation Inc has 8 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 $5.6M in total revenue.
Filing History
IRS 990 filing history for Robert E Frazier Tri City Area Charitable Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), Robert E Frazier Tri City Area Charitable Foundation Inc's revenue has grown by 21180200%, moving from $1 to $212K. Total assets increased by 632128900% over the same period, from $1 to $6.3M. In its most recent filing year (2023), Robert E Frazier Tri City Area Charitable Foundation Inc reported a deficit of $192K, with expenses exceeding revenue. The organization holds $188 in liabilities against $6.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $212K | $404K | $6.3M | $188 | — | View 990 |
| 2022 | $215K | $486K | $6.5M | $112 | — | View 990 |
| 2021 | $535K | $490K | $6.8M | $179 | — | — |
| 2020 | $172K | $439K | $6.6M | $150 | — | — |
| 2019 | $269K | $408K | $6.9M | $17 | — | View 990 |
| 2015 | $185K | $437K | $7.6M | $131 | — | View 990 |
| 2014 | $1.2M | $409K | $7.9M | $131 | — | View 990 |
| 2013 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $212K, expenses of $404K, and assets of $6.3M (revenue -1.5% year-over-year).
- 2022: Revenue of $215K, expenses of $486K, and assets of $6.5M (revenue -59.8% year-over-year).
- 2021: Revenue of $535K, expenses of $490K, and assets of $6.8M (revenue +211.3% year-over-year).
- 2020: Revenue of $172K, expenses of $439K, and assets of $6.6M (revenue -36.0% year-over-year).
- 2019: Revenue of $269K, expenses of $408K, and assets of $6.9M (revenue +45.2% year-over-year).
- 2015: Revenue of $185K, expenses of $437K, and assets of $7.6M (revenue -84.0% year-over-year).
- 2014: Revenue of $1.2M, expenses of $409K, and assets of $7.9M (revenue +115632700.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert E Frazier Tri City Area Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Robert E Frazier Tri City Area Charitable 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.