The Abbie Friedman Fam Foundation
The Abbie Friedman Fam Foundation consistently spends nearly all revenue on programs with no executive compensation.
EIN: 206779618 · Las Vegas, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $145K |
| Total Expenses | $81K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $145,312. |
| Net Assets | $42K |
| Transparency Score | 85/100 |
Is The Abbie Friedman Fam Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Abbie Friedman Fam Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Abbie Friedman Fam Foundation
The Abbie Friedman Fam Foundation (EIN: 206779618) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T22. The organization reported total revenue of $145K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Abbie Friedman Fam Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Abbie Friedman Fam Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $87K |
| Total Expenses | $81K |
| Surplus / Deficit | +$7K |
| Total Assets | $42K |
| Total Liabilities | $1 |
| Net Assets | $42K |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, The Abbie Friedman Fam Foundation reported a surplus of $7K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Abbie Friedman Fam Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.3% | -33.5% | +19.7% |
| 2022 | +126.8% | +72.4% | +67.7% |
| 2021 | -20.8% | -24.5% | -33.8% |
| 2020 | -20.8% | +34.0% | -36.2% |
| 2019 | -56.3% | -66.1% | -68.5% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Abbie Friedman Fam Foundation with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, The Abbie Friedman Fam Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size with latest revenue of $145,312.
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 The Abbie Friedman Fam Foundation's IRS 990 filings:
- Significant decline in assets over time (from $517,200 in 2011 to $41,786 in 2023), which could indicate a lack of long-term financial reserves or a shift in financial strategy.
Strengths
The following positive indicators were identified for The Abbie Friedman Fam Foundation:
- Zero reported officer compensation across all filings, indicating high efficiency and dedication to mission.
- High program spending ratio, with expenses consistently close to revenue (e.g., 2023 expenses $80,588 vs. revenue $87,446).
- Consistent IRS 990 filing history over a decade, demonstrating transparency and compliance.
- Very low liabilities across all reported periods, indicating sound financial management and minimal debt.
Frequently Asked Questions about The Abbie Friedman Fam Foundation
Is The Abbie Friedman Fam Foundation a legitimate charity?
The Abbie Friedman Fam Foundation (EIN: 206779618) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $145K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does The Abbie Friedman Fam Foundation spend its money?
The Abbie Friedman Fam Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to The Abbie Friedman Fam Foundation tax-deductible?
The Abbie Friedman Fam Foundation is registered as a tax-exempt nonprofit (EIN: 206779618). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Abbie Friedman Fam Foundation CEO make?
The Abbie Friedman Fam Foundation's highest-compensated officer earns $145,312. annually. The organization reported $145K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Abbie Friedman Fam Foundation's spending goes to programs?
The Abbie Friedman Fam Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Abbie Friedman Fam Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Abbie Friedman Fam Foundation 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 The Abbie Friedman Fam Foundation located?
The Abbie Friedman Fam Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 206779618. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Abbie Friedman Fam Foundation have?
The Abbie Friedman Fam Foundation 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 $145K in total revenue.
Is The Abbie Friedman Fam Foundation a good charity?
Based on the financial data, the foundation appears to be a good charity due to its high program spending efficiency (e.g., in 2023, expenses were $80,588 against $87,446 revenue) and zero reported officer compensation, indicating that donations are likely directed to its mission.
How has the organization's financial stability changed over time?
The organization's financial stability has seen fluctuations, with assets decreasing significantly from $517,200 in 2011 to $41,786 in 2023, while annual revenues and expenses have remained relatively consistent in the lower six figures, suggesting a reliance on annual operational funding rather than asset growth.
What is the trend in revenue and expenses?
Revenue and expenses have generally fluctuated between approximately $60,000 and $150,000 in recent years (e.g., 2023 revenue $87,446, expenses $80,588), with some earlier periods showing higher figures (e.g., 2015 revenue $217,810, expenses $204,817). The organization consistently spends close to its annual revenue.
Filing History
IRS 990 filing history for The Abbie Friedman Fam Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Abbie Friedman Fam Foundation's revenue has grown by 51.3%, moving from $58K to $87K. Total assets decreased by 91.9% over the same period, from $517K to $42K. Total functional expenses fell by 63.5%, from $221K to $81K. In its most recent filing year (2023), The Abbie Friedman Fam Foundation reported a surplus of $7K, with revenue exceeding expenses. The organization holds $1 in liabilities against $42K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $42K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $87K | $81K | $42K | $1 | — | — |
| 2022 | $135K | $121K | $35K | $1 | — | View 990 |
| 2021 | $60K | $70K | $21K | $1 | — | View 990 |
| 2020 | $75K | $93K | $31K | $1 | — | View 990 |
| 2019 | $95K | $69K | $49K | $1 | — | — |
| 2015 | $218K | $205K | $157K | $859 | — | View 990 |
| 2014 | $139K | $170K | $143K | $1 | — | View 990 |
| 2013 | $141K | $141K | $174K | $0 | — | View 990 |
| 2012 | $84K | $427K | $174K | $0 | — | View 990 |
| 2011 | $58K | $221K | $517K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $87K, expenses of $81K, and assets of $42K (revenue -35.3% year-over-year).
- 2022: Revenue of $135K, expenses of $121K, and assets of $35K (revenue +126.8% year-over-year).
- 2021: Revenue of $60K, expenses of $70K, and assets of $21K (revenue -20.8% year-over-year).
- 2020: Revenue of $75K, expenses of $93K, and assets of $31K (revenue -20.8% year-over-year).
- 2019: Revenue of $95K, expenses of $69K, and assets of $49K (revenue -56.3% year-over-year).
- 2015: Revenue of $218K, expenses of $205K, and assets of $157K (revenue +57.1% year-over-year).
- 2014: Revenue of $139K, expenses of $170K, and assets of $143K (revenue -1.5% year-over-year).
- 2013: Revenue of $141K, expenses of $141K, and assets of $174K (revenue +67.0% year-over-year).
- 2012: Revenue of $84K, expenses of $427K, and assets of $174K (revenue +45.8% year-over-year).
- 2011: Revenue of $58K, expenses of $221K, and assets of $517K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Abbie Friedman Fam Foundation:
Data Sources and Methodology
This transparency report for The Abbie Friedman Fam 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.