Ted And Fran Friedman Charitable Foundation Inc
Small private foundation shows fluctuating revenue and assets with no officer compensation.
EIN: 200127663 · Scottsdale, AZ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $84K |
| Total Expenses | $42K |
| Program Spending | 85% |
| Net Assets | $11K |
| Transparency Score | 75/100 |
Is Ted And Fran Friedman Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ted And Fran Friedman Charitable Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ted And Fran Friedman Charitable Foundation Inc
Ted And Fran Friedman Charitable Foundation Inc (EIN: 200127663) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code T22. The organization reported total revenue of $84K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ted And Fran Friedman Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ted And Fran Friedman Charitable Foundation Inc is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 126.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $42K |
| Surplus / Deficit | +$30K |
| Total Assets | $11K |
| Total Liabilities | $1 |
| Net Assets | $11K |
| Operating Margin | 42.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.0 months |
Financial Health Grade: A
In 2023, Ted And Fran Friedman Charitable Foundation Inc reported a surplus of $30K with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ted And Fran Friedman Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 126.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +404.0% | -1.1% | +2013.7% |
| 2022 | -53.2% | +27.8% | -98.5% |
| 2021 | -54.2% | +25.0% | -28.2% |
| 2020 | +65.5% | +15.4% | +73.1% |
| 2019 | +73.9% | -16.4% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Ted And Fran Friedman Charitable Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Ted And Fran Friedman Charitable Foundation Inc allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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 $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers do not receive salaries from the organization, which is highly efficient for a foundation of this size.
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.
Red Flags
The following concerns were identified during AI analysis of Ted And Fran Friedman Charitable Foundation Inc's IRS 990 filings:
- Highly fluctuating revenue and asset base, making long-term planning and consistent impact challenging (e.g., assets from $45,945 in 2020 to $498 in 2022).
- Limited public information on specific program activities and impact, common for small private foundations.
Strengths
The following positive indicators were identified for Ted And Fran Friedman Charitable Foundation Inc:
- Zero officer compensation, indicating high efficiency in leadership costs.
- Consistent IRS 990 filing history, demonstrating regulatory compliance and transparency.
- Minimal liabilities ($1 reported consistently), suggesting sound financial management regarding debt.
Frequently Asked Questions about Ted And Fran Friedman Charitable Foundation Inc
Is Ted And Fran Friedman Charitable Foundation Inc a legitimate charity?
Ted And Fran Friedman Charitable Foundation Inc (EIN: 200127663) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $84K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Ted And Fran Friedman Charitable Foundation Inc spend its money?
Ted And Fran Friedman Charitable Foundation Inc directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ted And Fran Friedman Charitable Foundation Inc tax-deductible?
Ted And Fran Friedman Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200127663). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ted And Fran Friedman Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Ted And Fran Friedman Charitable Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ted And Fran Friedman Charitable Foundation Inc located?
Ted And Fran Friedman Charitable Foundation Inc is headquartered in Scottsdale, Arizona and files with the IRS under EIN 200127663. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ted And Fran Friedman Charitable Foundation Inc have?
Ted And Fran Friedman Charitable 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 $84K in total revenue.
Is Ted And Fran Friedman Charitable Foundation Inc. a good charity?
Based on the available data, the foundation demonstrates good financial stewardship by not paying officer compensation, meaning more funds are available for its charitable purpose. Its consistent filing of IRS 990s also indicates transparency. However, without detailed program spending information, it's hard to fully assess its impact.
How has the foundation's financial health changed over time?
The foundation's financial health has been volatile. Revenue peaked at $72,265 in 2023 but was as low as $2 in 2013. Assets have also fluctuated significantly, from a high of $45,945 in 2020 to a low of $498 in 2022, indicating an inconsistent financial base.
What is the organization's approach to executive compensation?
The organization has a highly efficient approach to executive compensation, consistently reporting 0% officer compensation across all ten available filings. This means no salaries are paid to its officers from the foundation's funds.
Filing History
IRS 990 filing history for Ted And Fran Friedman Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ted And Fran Friedman Charitable Foundation Inc's revenue has grown by 1806525%, moving from $4 to $72K. Total assets decreased by 69.1% over the same period, from $34K to $11K. Total functional expenses rose by 249.3%, from $12K to $42K. In its most recent filing year (2023), Ted And Fran Friedman Charitable Foundation Inc reported a surplus of $30K, with revenue exceeding expenses. The organization holds $1 in liabilities against $11K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $42K | $11K | $1 | — | — |
| 2022 | $14K | $42K | $498 | $1 | — | View 990 |
| 2021 | $31K | $33K | $33K | $1 | — | — |
| 2020 | $67K | $26K | $46K | $1 | — | — |
| 2019 | $40K | $23K | $27K | $1 | — | View 990 |
| 2015 | $23K | $27K | $24K | $1 | — | View 990 |
| 2014 | $20K | $11K | $28K | $1 | — | View 990 |
| 2013 | $2 | $3K | $19K | $1 | — | View 990 |
| 2012 | $3 | $12K | $22K | $1 | — | View 990 |
| 2011 | $4 | $12K | $34K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $42K, and assets of $11K (revenue +404.0% year-over-year).
- 2022: Revenue of $14K, expenses of $42K, and assets of $498 (revenue -53.2% year-over-year).
- 2021: Revenue of $31K, expenses of $33K, and assets of $33K (revenue -54.2% year-over-year).
- 2020: Revenue of $67K, expenses of $26K, and assets of $46K (revenue +65.5% year-over-year).
- 2019: Revenue of $40K, expenses of $23K, and assets of $27K (revenue +73.9% year-over-year).
- 2015: Revenue of $23K, expenses of $27K, and assets of $24K (revenue +15.7% year-over-year).
- 2014: Revenue of $20K, expenses of $11K, and assets of $28K (revenue +1003900.0% year-over-year).
- 2013: Revenue of $2, expenses of $3K, and assets of $19K (revenue -33.3% year-over-year).
- 2012: Revenue of $3, expenses of $12K, and assets of $22K (revenue -25.0% year-over-year).
- 2011: Revenue of $4, expenses of $12K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ted And Fran Friedman Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Ted And Fran Friedman 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.