Stuart And Jesse Abelson Foundation Trust
Stuart And Jesse Abelson Foundation Trust maintains stable assets and zero executive compensation over a decade.
EIN: 201704222 · Chicago, IL · NTEE: T90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $578K |
| Program Spending | 90% |
| Net Assets | $4.4M |
| Transparency Score | 95/100 |
Is Stuart And Jesse Abelson Foundation Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stuart And Jesse Abelson Foundation Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stuart And Jesse Abelson Foundation Trust
Stuart And Jesse Abelson Foundation Trust (EIN: 201704222) is a nonprofit organization based in Chicago, IL, classified under NTEE code T90. The organization reported total revenue of $3.8M and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stuart And Jesse Abelson Foundation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stuart And Jesse Abelson Foundation Trust is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $578K |
| Total Expenses | $578K |
| Surplus / Deficit | +$254 |
| Total Assets | $4.4M |
| Total Liabilities | $29K |
| Net Assets | $4.4M |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 91.9 months |
Financial Health Grade: A
In 2023, Stuart And Jesse Abelson Foundation Trust reported a surplus of $254 with revenue exceeding expenses, holds 91.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Stuart And Jesse Abelson Foundation Trust's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.4% | +3.7% | -4.2% |
| 2022 | -21.5% | +35.9% | +1.0% |
| 2021 | -11.2% | -18.6% | +2.4% |
| 2020 | -50.0% | +21.3% | +1.7% |
| 2019 | +393.4% | +38.5% | +27.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Stuart And Jesse Abelson Foundation Trust with a Mission Score of 95 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, Stuart And Jesse Abelson Foundation Trust 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 surplus of $254, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to the mission.
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 Stuart And Jesse Abelson Foundation Trust:
- Consistent 0% officer compensation, indicating high efficiency and mission focus.
- Long history of IRS 990 filings, demonstrating strong transparency.
- Growing asset base from $3,283,911 in 2011 to $4,425,870 in 2023, showing financial health.
- Low liabilities relative to assets, indicating responsible financial management.
- Expenses generally managed within revenue, preventing significant deficits.
Frequently Asked Questions about Stuart And Jesse Abelson Foundation Trust
Is Stuart And Jesse Abelson Foundation Trust a legitimate charity?
Stuart And Jesse Abelson Foundation Trust (EIN: 201704222) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.8M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Stuart And Jesse Abelson Foundation Trust spend its money?
Stuart And Jesse Abelson Foundation Trust directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Stuart And Jesse Abelson Foundation Trust tax-deductible?
Stuart And Jesse Abelson Foundation Trust is registered as a tax-exempt nonprofit (EIN: 201704222). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Stuart And Jesse Abelson Foundation Trust compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Stuart And Jesse Abelson Foundation Trust is above average for NTEE category T90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stuart And Jesse Abelson Foundation Trust located?
Stuart And Jesse Abelson Foundation Trust is headquartered in Chicago, Illinois and files with the IRS under EIN 201704222. It is classified under NTEE code T90.
How many years of IRS 990 filings does Stuart And Jesse Abelson Foundation Trust have?
Stuart And Jesse Abelson Foundation Trust 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 $3.8M in total revenue.
Is the Stuart And Jesse Abelson Foundation Trust financially stable?
Yes, the foundation appears financially stable, with assets growing from $3,283,911 in 2011 to $4,425,870 in 2023, and liabilities remaining relatively low, such as $29,297 in 2023.
How efficiently does the foundation spend its money?
The foundation demonstrates high spending efficiency, particularly with 0% reported officer compensation across all filings, suggesting a significant portion of funds are allocated to programs and essential operations.
What is the trend in the foundation's revenue?
The foundation's revenue has been volatile, ranging from a low of $38,734 in 2012 to highs over $1 million in 2011 and 2019, but generally covers expenses.
Filing History
IRS 990 filing history for Stuart And Jesse Abelson Foundation Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stuart And Jesse Abelson Foundation Trust's revenue has declined by 48.1%, moving from $1.1M to $578K. Total assets increased by 34.8% over the same period, from $3.3M to $4.4M. Total functional expenses rose by 187.7%, from $201K to $578K. In its most recent filing year (2023), Stuart And Jesse Abelson Foundation Trust reported a surplus of $254, with revenue exceeding expenses. The organization holds $29K in liabilities against $4.4M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $578K | $578K | $4.4M | $29K | — | View 990 |
| 2022 | $403K | $557K | $4.6M | $226K | — | View 990 |
| 2021 | $513K | $410K | $4.6M | $25K | — | View 990 |
| 2020 | $578K | $503K | $4.5M | $23K | — | View 990 |
| 2019 | $1.2M | $415K | $4.4M | $21K | — | View 990 |
| 2015 | $234K | $300K | $3.4M | $11K | — | View 990 |
| 2014 | $272K | $339K | $3.5M | $9K | — | View 990 |
| 2013 | $232K | $265K | $3.6M | $9K | — | View 990 |
| 2012 | $39K | $265K | $3.1M | $0 | — | View 990 |
| 2011 | $1.1M | $201K | $3.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $578K, expenses of $578K, and assets of $4.4M (revenue +43.4% year-over-year).
- 2022: Revenue of $403K, expenses of $557K, and assets of $4.6M (revenue -21.5% year-over-year).
- 2021: Revenue of $513K, expenses of $410K, and assets of $4.6M (revenue -11.2% year-over-year).
- 2020: Revenue of $578K, expenses of $503K, and assets of $4.5M (revenue -50.0% year-over-year).
- 2019: Revenue of $1.2M, expenses of $415K, and assets of $4.4M (revenue +393.4% year-over-year).
- 2015: Revenue of $234K, expenses of $300K, and assets of $3.4M (revenue -13.8% year-over-year).
- 2014: Revenue of $272K, expenses of $339K, and assets of $3.5M (revenue +17.1% year-over-year).
- 2013: Revenue of $232K, expenses of $265K, and assets of $3.6M (revenue +499.5% year-over-year).
- 2012: Revenue of $39K, expenses of $265K, and assets of $3.1M (revenue -96.5% year-over-year).
- 2011: Revenue of $1.1M, expenses of $201K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stuart And Jesse Abelson Foundation Trust:
Data Sources and Methodology
This transparency report for Stuart And Jesse Abelson Foundation Trust 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.