The Aldrin Family Foundation Inc
EIN: 541897591 · Melbourne, FL · NTEE: U30
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $862K |
| Net Assets | $2K |
Is The Aldrin Family Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Aldrin Family Foundation Inc
The Aldrin Family Foundation Inc (EIN: 541897591) is a nonprofit organization based in Melbourne, FL, classified under NTEE code U30. The organization reported total revenue of $1.5M and total assets of $490K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Aldrin Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Aldrin Family Foundation Inc is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 67.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $812K |
| Total Expenses | $862K |
| Surplus / Deficit | $-49,717 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | -6.1% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, The Aldrin Family Foundation Inc reported a deficit of $50K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), The Aldrin Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 67.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.5% | -5.2% | -96.7% |
| 2022 | -49.6% | -12.0% | -84.2% |
| 2021 | +107.3% | -26.7% | +248.7% |
| 2020 | -51.7% | +7.0% | -89.6% |
| 2019 | -7.0% | +23.2% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Aldrin Family Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Aldrin Family Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $50K, with expenses exceeding revenue.
Frequently Asked Questions about The Aldrin Family Foundation Inc
Is The Aldrin Family Foundation Inc a legitimate charity?
The Aldrin Family Foundation Inc (EIN: 541897591) is a registered tax-exempt nonprofit based in Florida. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: C.
How does The Aldrin Family Foundation Inc spend its money?
The Aldrin Family Foundation Inc reported $1.5M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Aldrin Family Foundation Inc tax-deductible?
The Aldrin Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 541897591). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Aldrin Family Foundation Inc located?
The Aldrin Family Foundation Inc is headquartered in Melbourne, Florida and files with the IRS under EIN 541897591. It is classified under NTEE code U30.
How many years of IRS 990 filings does The Aldrin Family Foundation Inc have?
The Aldrin Family Foundation Inc has 13 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for The Aldrin Family Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Aldrin Family Foundation Inc's revenue has grown by 49274.2%, moving from $2K to $812K. Total assets decreased by 95.2% over the same period, from $35K to $2K. Total functional expenses rose by 9413.5%, from $9K to $862K. In its most recent filing year (2023), The Aldrin Family Foundation Inc reported a deficit of $50K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $812K | $862K | $2K | $0 | — | — |
| 2022 | $637K | $910K | $51K | $0 | — | View 990 |
| 2021 | $1.3M | $1.0M | $325K | $1K | — | View 990 |
| 2020 | $610K | $1.4M | $93K | $0 | — | — |
| 2019 | $1.3M | $1.3M | $893K | $0 | — | — |
| 2018 | $1.4M | $1.1M | $947K | $0 | — | View 990 |
| 2017 | $925K | $506K | $659K | $0 | — | View 990 |
| 2016 | $351K | $377K | $240K | $0 | — | View 990 |
| 2015 | $455K | $283K | $266K | $0 | — | View 990 |
| 2014 | $70K | $32K | $94K | $0 | — | View 990 |
| 2013 | $25K | $1K | $56K | $0 | — | View 990 |
| 2012 | $3 | $3K | $32K | $0 | — | View 990 |
| 2011 | $2K | $9K | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $812K, expenses of $862K, and assets of $2K (revenue +27.5% year-over-year).
- 2022: Revenue of $637K, expenses of $910K, and assets of $51K (revenue -49.6% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.0M, and assets of $325K (revenue +107.3% year-over-year).
- 2020: Revenue of $610K, expenses of $1.4M, and assets of $93K (revenue -51.7% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $893K (revenue -7.0% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.1M, and assets of $947K (revenue +46.8% year-over-year).
- 2017: Revenue of $925K, expenses of $506K, and assets of $659K (revenue +163.2% year-over-year).
- 2016: Revenue of $351K, expenses of $377K, and assets of $240K (revenue -22.7% year-over-year).
- 2015: Revenue of $455K, expenses of $283K, and assets of $266K (revenue +548.5% year-over-year).
- 2014: Revenue of $70K, expenses of $32K, and assets of $94K (revenue +180.4% year-over-year).
- 2013: Revenue of $25K, expenses of $1K, and assets of $56K (revenue +833233.3% year-over-year).
- 2012: Revenue of $3, expenses of $3K, and assets of $32K (revenue -99.8% year-over-year).
- 2011: Revenue of $2K, expenses of $9K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Aldrin Family Foundation Inc:
Data Sources and Methodology
This transparency report for The Aldrin Family 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.