The Fine Family Foundation
The Fine Family Foundation maintains substantial assets and reports no officer compensation, operating as a private grantmaking foundation.
EIN: 208645116 · Pittsburgh, PA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $391K |
| Program Spending | 90% |
| Net Assets | $606K |
| Transparency Score | 85/100 |
Is The Fine Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Fine Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Fine Family Foundation
The Fine Family Foundation (EIN: 208645116) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code T22. The organization reported total revenue of $2.9M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Fine Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Fine Family Foundation is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $259K |
| Total Expenses | $391K |
| Surplus / Deficit | $-132,283 |
| Total Assets | $606K |
| Total Liabilities | $1 |
| Net Assets | $606K |
| Operating Margin | -51.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 18.6 months |
Financial Health Grade: B
In 2023, The Fine Family Foundation reported a deficit of $132K with expenses exceeding revenue, holds 18.6 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 Fine Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.7% | +18452.4% | -17.9% |
| 2022 | +0.0% | -3.0% | +50.5% |
| 2021 | -0.4% | -98.6% | +102.1% |
| 2020 | +11776.9% | +7.1% | +62.3% |
| 2019 | -98.9% | +2846.7% | -69.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Fine Family Foundation with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, The Fine Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $132K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly favorable for a foundation of this size, indicating that leadership is likely unpaid or compensated through other means, allowing more resources to be directed towards its charitable purpose.
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 Fine Family Foundation's IRS 990 filings:
- Lack of detailed functional expense breakdown in public filings makes precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for The Fine Family Foundation:
- Consistent reporting of 0% officer compensation across all filings.
- Strong and growing asset base, reaching $3,416,057 in the latest period, providing financial stability.
- Minimal liabilities ($1 reported consistently) indicating a very healthy balance sheet.
- Regular IRS 990 filings demonstrate transparency and compliance.
Frequently Asked Questions about The Fine Family Foundation
Is The Fine Family Foundation a legitimate charity?
The Fine Family Foundation (EIN: 208645116) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.9M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does The Fine Family Foundation spend its money?
The Fine Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Fine Family Foundation tax-deductible?
The Fine Family Foundation is registered as a tax-exempt nonprofit (EIN: 208645116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Fine Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Fine Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Fine Family Foundation located?
The Fine Family Foundation is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 208645116. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Fine Family Foundation have?
The Fine Family Foundation 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 $2.9M in total revenue.
What specific types of grants does The Fine Family Foundation make?
The IRS 990 filings do not detail specific grant recipients or program areas. To understand their grantmaking focus, one would need to review their grant schedules (Schedule I) if available, or their website/annual reports.
Why do expenses sometimes exceed revenue, such as in 2023 and 2019?
As a private foundation, expenses exceeding revenue in certain years likely indicates significant grant disbursements made from accumulated assets or prior year contributions, rather than solely from current year revenue. For example, in 2023, expenses were $391,455 against $259,172 revenue, and in 2019, expenses were $147,334 against only $2,113 revenue, suggesting substantial grantmaking activity.
How does the foundation manage its assets of over $3.4 million?
The filings indicate a strong asset base, but do not detail the investment strategies or management of these assets. Given its status as a private foundation, these assets are likely invested to generate income for future grantmaking.
Filing History
IRS 990 filing history for The Fine Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Fine Family Foundation's revenue has grown by 29.6%, moving from $200K to $259K. Total assets increased by 47.8% over the same period, from $410K to $606K. Total functional expenses rose by 3814.5%, from $10K to $391K. In its most recent filing year (2023), The Fine Family Foundation reported a deficit of $132K, with expenses exceeding revenue. The organization holds $1 in liabilities against $606K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $606K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $259K | $391K | $606K | $1 | — | — |
| 2022 | $250K | $2K | $738K | $1 | — | View 990 |
| 2021 | $250K | $2K | $490K | $1 | — | View 990 |
| 2020 | $251K | $158K | $243K | $1 | — | View 990 |
| 2019 | $2K | $147K | $149K | $1 | — | — |
| 2015 | $200K | $5K | $495K | $1 | — | View 990 |
| 2014 | $200K | $293K | $300K | $1 | — | View 990 |
| 2013 | $200K | $7K | $393K | $1 | — | View 990 |
| 2012 | $200K | $410K | $200K | $1 | — | View 990 |
| 2011 | $200K | $10K | $410K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $259K, expenses of $391K, and assets of $606K (revenue +3.7% year-over-year).
- 2022: Revenue of $250K, expenses of $2K, and assets of $738K (revenue +0.0% year-over-year).
- 2021: Revenue of $250K, expenses of $2K, and assets of $490K (revenue -0.4% year-over-year).
- 2020: Revenue of $251K, expenses of $158K, and assets of $243K (revenue +11776.9% year-over-year).
- 2019: Revenue of $2K, expenses of $147K, and assets of $149K (revenue -98.9% year-over-year).
- 2015: Revenue of $200K, expenses of $5K, and assets of $495K (revenue +0.0% year-over-year).
- 2014: Revenue of $200K, expenses of $293K, and assets of $300K (revenue +0.0% year-over-year).
- 2013: Revenue of $200K, expenses of $7K, and assets of $393K (revenue +0.0% year-over-year).
- 2012: Revenue of $200K, expenses of $410K, and assets of $200K (revenue +0.0% year-over-year).
- 2011: Revenue of $200K, expenses of $10K, and assets of $410K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Fine Family Foundation:
Data Sources and Methodology
This transparency report for The Fine Family 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.