The Allen Family Foundation Inc
Allen Family Foundation maintains strong asset growth and zero executive compensation over a decade.
EIN: 136083684 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.8M |
| Total Expenses | $1.5M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $16 |
| Net Assets | $16.9M |
| Transparency Score | 92/100 |
Is The Allen Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Allen Family Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Allen Family Foundation Inc
The Allen Family Foundation Inc (EIN: 136083684) is a nonprofit organization based in New York, NY. The organization reported total revenue of $8.8M and total assets of $18.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Allen Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Allen Family Foundation Inc is a mid-size nonprofit that has been operating for 77 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$133K |
| Total Assets | $16.9M |
| Total Liabilities | $1 |
| Net Assets | $16.9M |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 135.2 months |
Financial Health Grade: A
In 2023, The Allen Family Foundation Inc reported a surplus of $133K with revenue exceeding expenses, holds 135.2 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 Allen Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.7% | +44.6% | +0.8% |
| 2022 | +45.1% | +26.1% | +5.8% |
| 2021 | -3.2% | -34.4% | +3.4% |
| 2020 | -18.2% | +41.0% | +0.9% |
| 2019 | +16.9% | +38.8% | +22.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
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 Allen Family Foundation Inc with a Mission Score of 92 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, The Allen Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $133K, 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 no salaries are paid to officers. This is highly unusual for an organization of its size with assets exceeding $16 million and suggests a volunteer-led or externally managed structure, significantly reducing administrative overhead.
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 Allen Family Foundation Inc's IRS 990 filings:
- NTEE code is unknown, making it difficult to assess mission alignment without further information.
Strengths
The following positive indicators were identified for The Allen Family Foundation Inc:
- Consistent asset growth from $10.5M in 2011 to $16.8M in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Extremely low liabilities, consistently reported as $1, demonstrating strong financial health.
- Consistent filing of IRS Form 990s over a decade, indicating transparency.
- Strong program spending ratio (estimated 95%) due to minimal administrative overhead.
Frequently Asked Questions about The Allen Family Foundation Inc
Is The Allen Family Foundation Inc a legitimate charity?
The Allen Family Foundation Inc (EIN: 136083684) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $8.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does The Allen Family Foundation Inc spend its money?
The Allen Family Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Allen Family Foundation Inc tax-deductible?
The Allen Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136083684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Allen Family Foundation Inc CEO make?
The Allen Family Foundation Inc's highest-compensated officer earns $16 annually. The organization reported $8.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is The Allen Family Foundation Inc located?
The Allen Family Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136083684.
How many years of IRS 990 filings does The Allen Family Foundation Inc have?
The Allen Family 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 $8.8M in total revenue.
How does The Allen Family Foundation Inc manage to operate with zero officer compensation?
The filings consistently show 0% officer compensation, suggesting that the foundation is either entirely volunteer-run at the executive level or that executive services are provided pro bono or through an external entity not directly compensated by the foundation's reported officer compensation line item.
What is the primary focus of The Allen Family Foundation Inc's programs?
Based solely on the provided financial data, the specific programmatic focus cannot be determined as the NTEE code is unknown. However, the high program spending ratio (estimated at 95%) indicates a strong commitment to its mission, whatever that may be.
Is the foundation's asset growth sustainable?
The foundation has shown consistent asset growth over the past decade, increasing from $10.5 million in 2011 to $16.8 million in 2023. This sustained growth, coupled with minimal liabilities, suggests a financially stable and well-managed endowment or investment strategy.
Filing History
IRS 990 filing history for The Allen Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Allen Family Foundation Inc's revenue has grown by 289%, moving from $419K to $1.6M. Total assets increased by 60.3% over the same period, from $10.5M to $16.9M. Total functional expenses rose by 154.5%, from $588K to $1.5M. In its most recent filing year (2023), The Allen Family Foundation Inc reported a surplus of $133K, with revenue exceeding expenses. The organization holds $1 in liabilities against $16.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.5M | $16.9M | $1 | — | View 990 |
| 2022 | $2.0M | $1.0M | $16.7M | $1 | — | View 990 |
| 2021 | $1.3M | $820K | $15.8M | $1 | — | — |
| 2020 | $1.4M | $1.3M | $15.3M | $1 | — | View 990 |
| 2019 | $1.7M | $887K | $15.1M | $1 | — | — |
| 2015 | $1.5M | $639K | $12.4M | $1 | — | View 990 |
| 2014 | $1.5M | $569K | $11.6M | $1 | — | View 990 |
| 2013 | $880K | $800K | $10.6M | $0 | — | View 990 |
| 2012 | $700K | $677K | $10.5M | $0 | — | View 990 |
| 2011 | $419K | $588K | $10.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.5M, and assets of $16.9M (revenue -16.7% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.0M, and assets of $16.7M (revenue +45.1% year-over-year).
- 2021: Revenue of $1.3M, expenses of $820K, and assets of $15.8M (revenue -3.2% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $15.3M (revenue -18.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $887K, and assets of $15.1M (revenue +16.9% year-over-year).
- 2015: Revenue of $1.5M, expenses of $639K, and assets of $12.4M (revenue -5.9% year-over-year).
- 2014: Revenue of $1.5M, expenses of $569K, and assets of $11.6M (revenue +75.6% year-over-year).
- 2013: Revenue of $880K, expenses of $800K, and assets of $10.6M (revenue +25.7% year-over-year).
- 2012: Revenue of $700K, expenses of $677K, and assets of $10.5M (revenue +67.3% year-over-year).
- 2011: Revenue of $419K, expenses of $588K, and assets of $10.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Allen Family Foundation Inc:
Data Sources and Methodology
This transparency report for The Allen 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.