The Al Stroobants Foundation
Al Stroobants Foundation maintains strong asset growth with zero executive compensation.
EIN: 205860939 · Lynchburg, VA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.6M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $29 |
| Net Assets | $29.8M |
| Transparency Score | 90/100 |
Is The Al Stroobants Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Al Stroobants Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Al Stroobants Foundation
The Al Stroobants Foundation (EIN: 205860939) is a nonprofit organization based in Lynchburg, VA. The organization reported total revenue of $22.6M and total assets of $41.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Al Stroobants Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Al Stroobants Foundation is a large nonprofit that has been operating for 5 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 32.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-855,060 |
| Total Assets | $29.8M |
| Total Liabilities | $826 |
| Net Assets | $29.8M |
| Operating Margin | -74.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 177.8 months |
Financial Health Grade: B
In 2023, The Al Stroobants Foundation reported a deficit of $855K with expenses exceeding revenue, holds 177.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), The Al Stroobants Foundation's revenue has grown at a compound annual growth rate (CAGR) of 32.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.0% | -3.6% | -2.8% |
| 2022 | -32.2% | -2.3% | +-0.0% |
| 2021 | +11.8% | +12.0% | +2.6% |
| 2020 | -61.9% | +10.8% | +1.5% |
| 2019 | +421.1% | +9.6% | +17.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
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 Al Stroobants Foundation with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, The Al Stroobants Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. 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 deficit of $855K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Al Stroobants Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size with assets exceeding $29 million.
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 Al Stroobants Foundation's IRS 990 filings:
- Revenue volatility year-over-year
- Expenses exceeding revenue in recent years (e.g., 202312, 202212)
Strengths
The following positive indicators were identified for The Al Stroobants Foundation:
- Zero officer compensation reported consistently
- Significant growth in assets over the past decade
- Strong asset base relative to annual expenses
- Low liabilities across all reported periods
Frequently Asked Questions about The Al Stroobants Foundation
Is The Al Stroobants Foundation a legitimate charity?
The Al Stroobants Foundation (EIN: 205860939) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $22.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does The Al Stroobants Foundation spend its money?
The Al Stroobants Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Al Stroobants Foundation tax-deductible?
The Al Stroobants Foundation is registered as a tax-exempt nonprofit (EIN: 205860939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Al Stroobants Foundation CEO make?
The Al Stroobants Foundation's highest-compensated officer earns $29 annually. The organization reported $22.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Al Stroobants Foundation's spending goes to programs?
The Al Stroobants Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Al Stroobants Foundation located?
The Al Stroobants Foundation is headquartered in Lynchburg, Virginia and files with the IRS under EIN 205860939.
How many years of IRS 990 filings does The Al Stroobants Foundation have?
The Al Stroobants Foundation has 12 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 $22.6M in total revenue.
Is The Al Stroobants Foundation a good charity?
Based on the available IRS 990 data, the foundation appears to be a good charity. It has a strong asset base, consistently reports zero officer compensation, and has demonstrated significant growth in its financial capacity over time. However, a detailed breakdown of program spending would provide a more complete picture of its direct impact.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved, with assets growing from $1,450,321 in 201412 to $29,774,888 in 202312. While annual revenues fluctuate, the substantial asset growth indicates strong long-term financial management and stability.
What is the trend in the foundation's revenue and expenses?
Revenue has been highly variable, with a peak of $21,623,856 in 201712 and a low of $-5,229 in 201412. Expenses have shown a more gradual upward trend, from $96,757 in 201412 to $2,009,544 in 202312, reflecting increased operational activity as the foundation has grown.
Filing History
IRS 990 filing history for The Al Stroobants Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), The Al Stroobants Foundation's revenue has grown by 2181%, moving from $51K to $1.2M. Total assets increased by 1767.3% over the same period, from $1.6M to $29.8M. Total functional expenses rose by 3671%, from $53K to $2.0M. In its most recent filing year (2023), The Al Stroobants Foundation reported a deficit of $855K, with expenses exceeding revenue. The organization holds $826 in liabilities against $29.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $29.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $2.0M | $29.8M | $826 | — | — |
| 2022 | $1.8M | $2.1M | $30.6M | $578 | — | View 990 |
| 2021 | $2.6M | $2.1M | $30.6M | $344 | — | View 990 |
| 2020 | $2.3M | $1.9M | $29.8M | $12K | — | View 990 |
| 2019 | $6.1M | $1.7M | $29.4M | $8K | — | View 990 |
| 2018 | $1.2M | $1.6M | $25.0M | $4K | — | — |
| 2017 | $21.6M | $1.4M | $25.4M | $463 | — | View 990 |
| 2016 | $4.5M | $152K | $6.1M | $0 | — | View 990 |
| 2015 | $391K | $105K | $1.7M | $0 | — | View 990 |
| 2014 | $-5,229 | $97K | $1.5M | $0 | — | View 990 |
| 2013 | $54K | $96K | $1.6M | $0 | — | View 990 |
| 2012 | $51K | $53K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $2.0M, and assets of $29.8M (revenue -35.0% year-over-year).
- 2022: Revenue of $1.8M, expenses of $2.1M, and assets of $30.6M (revenue -32.2% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.1M, and assets of $30.6M (revenue +11.8% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.9M, and assets of $29.8M (revenue -61.9% year-over-year).
- 2019: Revenue of $6.1M, expenses of $1.7M, and assets of $29.4M (revenue +421.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.6M, and assets of $25.0M (revenue -94.5% year-over-year).
- 2017: Revenue of $21.6M, expenses of $1.4M, and assets of $25.4M (revenue +376.6% year-over-year).
- 2016: Revenue of $4.5M, expenses of $152K, and assets of $6.1M (revenue +1059.9% year-over-year).
- 2015: Revenue of $391K, expenses of $105K, and assets of $1.7M.
- 2014: Revenue of $-5,229, expenses of $97K, and assets of $1.5M (revenue -109.8% year-over-year).
- 2013: Revenue of $54K, expenses of $96K, and assets of $1.6M (revenue +5.9% year-over-year).
- 2012: Revenue of $51K, expenses of $53K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Al Stroobants Foundation:
Data Sources and Methodology
This transparency report for The Al Stroobants 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.