The Elizabeth T Fessenden Charitable Foundation
EIN: 223432161 · Boston, MA · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $697K |
| Net Assets | $1.4M |
Is The Elizabeth T Fessenden Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Elizabeth T Fessenden Charitable Foundation
The Elizabeth T Fessenden Charitable Foundation (EIN: 223432161) is a nonprofit organization based in Boston, MA, classified under NTEE code T22Z. The organization reported total revenue of $1.1M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Elizabeth T Fessenden Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Elizabeth T Fessenden Charitable Foundation is a mid-size nonprofit that has been operating for 30 years, with 12 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -3.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $462K |
| Total Expenses | $697K |
| Surplus / Deficit | $-234,757 |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | -50.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 23.9 months |
Financial Health Grade: B
In 2024, The Elizabeth T Fessenden Charitable Foundation reported a deficit of $235K with expenses exceeding revenue, holds 23.9 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 (2011–2024), The Elizabeth T Fessenden Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -18.9% | +6.1% | -14.5% |
| 2023 | +13.6% | -6.5% | -5.1% |
| 2022 | +11.7% | +13.1% | -10.5% |
| 2021 | +580.2% | +2.4% | -8.3% |
| 2020 | -89.5% | +0.5% | -20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Elizabeth T Fessenden Charitable Foundation 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 Elizabeth T Fessenden Charitable Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $235K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Elizabeth T Fessenden Charitable Foundation
Is The Elizabeth T Fessenden Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Elizabeth T Fessenden Charitable Foundation (EIN: 223432161) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Elizabeth T Fessenden Charitable Foundation spend its money?
Detailed spending breakdown data is not yet available for The Elizabeth T Fessenden Charitable Foundation. Check back for updated IRS 990 analysis.
Are donations to The Elizabeth T Fessenden Charitable Foundation tax-deductible?
The Elizabeth T Fessenden Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 223432161). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Elizabeth T Fessenden Charitable Foundation located?
The Elizabeth T Fessenden Charitable Foundation is headquartered in Boston, Massachusetts and files with the IRS under EIN 223432161. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does The Elizabeth T Fessenden Charitable Foundation have?
The Elizabeth T Fessenden Charitable 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 $1.1M in total revenue.
Filing History
IRS 990 filing history for The Elizabeth T Fessenden Charitable Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2024), The Elizabeth T Fessenden Charitable Foundation's revenue has declined by 33.3%, moving from $693K to $462K. Total assets decreased by 62% over the same period, from $3.6M to $1.4M. Total functional expenses rose by 87.3%, from $372K to $697K. In its most recent filing year (2024), The Elizabeth T Fessenden Charitable Foundation reported a deficit of $235K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $462K | $697K | $1.4M | $1 | — | — |
| 2023 | $570K | $657K | $1.6M | $1 | — | View 990 |
| 2022 | $502K | $702K | $1.7M | $1 | — | View 990 |
| 2021 | $449K | $621K | $1.9M | $1 | — | View 990 |
| 2020 | $66K | $606K | $2.1M | $1 | — | View 990 |
| 2019 | $632K | $603K | $2.6M | $1 | — | View 990 |
| 2016 | $164K | $439K | $3.1M | $1 | — | View 990 |
| 2015 | $526K | $422K | $3.4M | $1 | — | View 990 |
| 2014 | $385K | $424K | $3.3M | $0 | — | View 990 |
| 2013 | $195K | $397K | $3.4M | $0 | — | View 990 |
| 2012 | $314K | $403K | $3.6M | $0 | — | View 990 |
| 2011 | $693K | $372K | $3.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $462K, expenses of $697K, and assets of $1.4M (revenue -18.9% year-over-year).
- 2023: Revenue of $570K, expenses of $657K, and assets of $1.6M (revenue +13.6% year-over-year).
- 2022: Revenue of $502K, expenses of $702K, and assets of $1.7M (revenue +11.7% year-over-year).
- 2021: Revenue of $449K, expenses of $621K, and assets of $1.9M (revenue +580.2% year-over-year).
- 2020: Revenue of $66K, expenses of $606K, and assets of $2.1M (revenue -89.5% year-over-year).
- 2019: Revenue of $632K, expenses of $603K, and assets of $2.6M (revenue +286.0% year-over-year).
- 2016: Revenue of $164K, expenses of $439K, and assets of $3.1M (revenue -68.9% year-over-year).
- 2015: Revenue of $526K, expenses of $422K, and assets of $3.4M (revenue +36.8% year-over-year).
- 2014: Revenue of $385K, expenses of $424K, and assets of $3.3M (revenue +97.5% year-over-year).
- 2013: Revenue of $195K, expenses of $397K, and assets of $3.4M (revenue -38.0% year-over-year).
- 2012: Revenue of $314K, expenses of $403K, and assets of $3.6M (revenue -54.7% year-over-year).
- 2011: Revenue of $693K, expenses of $372K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Elizabeth T Fessenden Charitable Foundation:
Data Sources and Methodology
This transparency report for The Elizabeth T Fessenden Charitable 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.