The Agape Foundation
The Agape Foundation: Consistent Assets, Fluctuating Revenue
EIN: 222690962 · Watertown, MA · Updated: 2026-04-04
Is The Agape Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Agape Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Agape Foundation
The Agape Foundation (EIN: 222690962) is a nonprofit organization based in Watertown, MA. The organization reported total revenue of $1.1M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Agape Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Agape Foundation 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: 70%
- fundraising: 15%
According to IRS 990 filings, The Agape Foundation allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, indicating that the organization does not pay its officers, directors, trustees, or key employees.
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 Agape Foundation's IRS 990 filings:
- Revenue has shown significant fluctuations over the years, from a high of $287,943 in 2014 to a low of $64,504 in 2019, which could impact long-term stability.
- The provided data does not detail specific program activities or their associated costs, making it difficult to assess program efficiency and impact.
Strengths
The following positive indicators were identified for The Agape Foundation:
- The foundation consistently maintains a healthy asset base, with assets generally above $2.1 million, suggesting financial resilience.
- A consistent report of $0 for executive compensation demonstrates a strong commitment to directing funds towards the mission rather than administrative salaries.
- The organization has a long history of financial filings, providing a good track record for analysis.
Frequently Asked Questions about The Agape Foundation
Is The Agape Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Agape Foundation (EIN: 222690962) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does The Agape Foundation spend its money?
The Agape Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Agape Foundation tax-deductible?
The Agape Foundation is registered as a tax-exempt nonprofit (EIN: 222690962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does The Agape Foundation do?
The Agape Foundation is a nonprofit organization in the Unknown sector, located in Watertown, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does The Agape Foundation have?
The Agape Foundation reported total revenue of $1,120,291. Based on 11 IRS 990 filings on record.
What are The Agape Foundation's total assets?
The Agape Foundation holds total assets of $2,367,466 as reported in IRS 990 filings.
Where is The Agape Foundation located?
The Agape Foundation is based in Watertown, Massachusetts.
What is The Agape Foundation's EIN?
The Agape Foundation's Employer Identification Number (EIN) is 222690962. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Agape Foundation?
The Agape Foundation is classified under NTEE code Unknown (Unknown).
Is The Agape Foundation a registered 501(c)(3)?
The Agape Foundation appears in IRS records (EIN: 222690962). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Agape Foundation file IRS Form 990?
Yes, The Agape Foundation has 11 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was The Agape Foundation's revenue in 2023?
In the 202309 filing period, The Agape Foundation reported total revenue of $160,040, total expenses of $188,760, and net assets of $2,318,213.
Is The Agape Foundation's revenue growing or declining?
The Agape Foundation's revenue is declining. Revenue went from $214,716 (202209) to $160,040 (202309), a -25.5% change. Based on 11 filings on record.
What is The Agape Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for The Agape Foundation covers tax period 202309. It shows revenue of $160,040, expenses of $188,760, total assets of $2,318,213, and liabilities of $1.
How much does The Agape Foundation spend on programs vs administration?
Based on IRS 990 analysis, The Agape Foundation allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is The Agape Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, The Agape Foundation appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for The Agape Foundation?
The following concerns were identified: Revenue has shown significant fluctuations over the years, from a high of $287,943 in 2014 to a low of $64,504 in 2019, which could impact long-term stability.. The provided data does not detail specific program activities or their associated costs, making it difficult to assess program efficiency and impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Agape Foundation's strengths?
Positive indicators for The Agape Foundation include: The foundation consistently maintains a healthy asset base, with assets generally above $2.1 million, suggesting financial resilience.. A consistent report of $0 for executive compensation demonstrates a strong commitment to directing funds towards the mission rather than administrative salaries.. The organization has a long history of financial filings, providing a good track record for analysis.. These findings are derived from AI analysis of the organization's financial filings.
How does The Agape Foundation compensate executives?
Executive compensation is consistently reported as $0 across all available filings, indicating that the organization does not pay its officers, directors, trustees, or key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 executive compensation, how does The Agape Foundation manage its operations and administrative functions?
Without paid executives, the foundation likely relies heavily on volunteer leadership, pro bono services, or a very lean operational model, which could be a strength in terms of cost efficiency but might also pose challenges for scaling operations or managing complex initiatives.
What factors contribute to the significant year-over-year fluctuations in revenue, and how does the foundation mitigate the risks associated with such variability?
The revenue fluctuations (e.g., $287,943 in 2014 vs. $64,504 in 2019) suggest reliance on variable funding sources, potentially large individual donations or grants. The consistent asset base, however, indicates that the foundation may have reserves to buffer these revenue swings, ensuring continued operation despite inconsistent income.
Filing History
IRS 990 filing history for The Agape Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), The Agape Foundation's revenue has grown by 47%, moving from $109K to $160K. Total assets increased by 24.2% over the same period, from $1.9M to $2.3M. Total functional expenses rose by 47.7%, from $128K to $189K. In its most recent filing year (2023), The Agape Foundation reported a deficit of $29K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $160K | $189K | $2.3M | $1 | — | View 990 |
| 2022 | $215K | $201K | $2.3M | $1 | — | View 990 |
| 2021 | $267K | $175K | $2.3M | $1 | — | View 990 |
| 2020 | $115K | $164K | $2.2M | $1 | — | View 990 |
| 2019 | $65K | $168K | $2.3M | $1 | — | View 990 |
| 2016 | $189K | $145K | $2.3M | $1 | — | View 990 |
| 2015 | $267K | $123K | $2.3M | $0 | — | View 990 |
| 2014 | $288K | $133K | $2.1M | $0 | — | View 990 |
| 2013 | $259K | $121K | $2.0M | $0 | — | View 990 |
| 2012 | $100K | $121K | $1.8M | $0 | — | View 990 |
| 2011 | $109K | $128K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $160K, expenses of $189K, and assets of $2.3M (revenue -25.5% year-over-year).
- 2022: Revenue of $215K, expenses of $201K, and assets of $2.3M (revenue -19.7% year-over-year).
- 2021: Revenue of $267K, expenses of $175K, and assets of $2.3M (revenue +132.5% year-over-year).
- 2020: Revenue of $115K, expenses of $164K, and assets of $2.2M (revenue +78.3% year-over-year).
- 2019: Revenue of $65K, expenses of $168K, and assets of $2.3M (revenue -65.9% year-over-year).
- 2016: Revenue of $189K, expenses of $145K, and assets of $2.3M (revenue -29.2% year-over-year).
- 2015: Revenue of $267K, expenses of $123K, and assets of $2.3M (revenue -7.3% year-over-year).
- 2014: Revenue of $288K, expenses of $133K, and assets of $2.1M (revenue +11.1% year-over-year).
- 2013: Revenue of $259K, expenses of $121K, and assets of $2.0M (revenue +159.6% year-over-year).
- 2012: Revenue of $100K, expenses of $121K, and assets of $1.8M (revenue -8.3% year-over-year).
- 2011: Revenue of $109K, expenses of $128K, and assets of $1.9M.
Data Sources and Methodology
This transparency report for The Agape 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.