The Frick Family Foundation Inc
The Frick Family Foundation consistently reports zero officer compensation and maintains over $1.7 million in assets.
EIN: 205251975 · Kansas City, MO · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $728K |
| Total Expenses | $227K |
| Program Spending | 90% |
| Net Assets | $1.7M |
| Transparency Score | 90/100 |
Is The Frick Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Frick Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Frick Family Foundation Inc
The Frick Family Foundation Inc (EIN: 205251975) is a nonprofit organization based in Kansas City, MO, classified under NTEE code T20. The organization reported total revenue of $728K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Frick Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Frick Family Foundation Inc is a small nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $301K |
| Total Expenses | $227K |
| Surplus / Deficit | +$74K |
| Total Assets | $1.7M |
| Total Liabilities | $1 |
| Net Assets | $1.7M |
| Operating Margin | 24.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 90.6 months |
Financial Health Grade: A
In 2021, The Frick Family Foundation Inc reported a surplus of $74K with revenue exceeding expenses, holds 90.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), The Frick Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +145.8% | +42.1% | -30.9% |
| 2020 | -83.3% | +-0.0% | +4.0% |
| 2019 | +1558.7% | +43.7% | +34.8% |
| 2015 | -21.2% | +72.8% | -9.5% |
| 2014 | -74.4% | -45.5% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Frick Family Foundation Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, The Frick Family Foundation Inc 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $74K, 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, which is highly favorable for a foundation of this size and suggests a volunteer-led or very lean operational structure.
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.
Strengths
The following positive indicators were identified for The Frick Family Foundation Inc:
- Consistent zero officer compensation across all reported periods, indicating high efficiency and dedication of resources to mission.
- Strong asset base, consistently over $1.7 million, providing financial stability and capacity for future grantmaking.
- Low liabilities (often $0 or $1), demonstrating sound financial management and minimal debt.
- Expenses generally well-managed and below revenue in most periods, contributing to asset growth.
- Clear focus on grantmaking as a family foundation (NTEE T20).
Frequently Asked Questions about The Frick Family Foundation Inc
Is The Frick Family Foundation Inc a legitimate charity?
The Frick Family Foundation Inc (EIN: 205251975) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 90/100. It has 8 years of IRS 990 filings on record. Total revenue: $728K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does The Frick Family Foundation Inc spend its money?
The Frick Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Frick Family Foundation Inc tax-deductible?
The Frick Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205251975). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Frick Family Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Frick Family Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Frick Family Foundation Inc located?
The Frick Family Foundation Inc is headquartered in Kansas City, Missouri and files with the IRS under EIN 205251975. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Frick Family Foundation Inc have?
The Frick Family Foundation Inc has 8 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 $728K in total revenue.
What is the primary focus of The Frick Family Foundation's grantmaking?
Based on the NTEE code T20 (Foundations, Philanthropy, and Grantmaking), the organization's primary focus is likely grantmaking, but the specific areas of interest for their grants are not detailed in the provided financial summary.
How does the foundation manage its operational expenses without officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation may be entirely volunteer-run at the executive level, or that administrative functions are handled by external contractors or other non-officer staff, keeping direct officer salaries at zero.
What caused the significant fluctuation in revenue between 2015 ($44,164) and 2019 ($732,566)?
The provided data does not specify the sources of revenue, but such large fluctuations could be due to varying investment returns, large one-time donations, or changes in endowment distributions, which are common for foundations.
Filing History
IRS 990 filing history for The Frick Family Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), The Frick Family Foundation Inc's revenue has declined by 13.1%, moving from $346K to $301K. Total assets increased by 18.2% over the same period, from $1.4M to $1.7M. Total functional expenses rose by 113.1%, from $106K to $227K. In its most recent filing year (2021), The Frick Family Foundation Inc reported a surplus of $74K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $301K | $227K | $1.7M | $1 | — | View 990 |
| 2020 | $122K | $159K | $2.5M | $1 | — | View 990 |
| 2019 | $733K | $160K | $2.4M | $0 | — | View 990 |
| 2015 | $44K | $111K | $1.8M | $0 | — | View 990 |
| 2014 | $56K | $64K | $2.0M | $0 | — | View 990 |
| 2013 | $219K | $118K | $1.9M | $0 | — | — |
| 2012 | $127K | $105K | $1.6M | $0 | — | View 990 |
| 2011 | $346K | $106K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $301K, expenses of $227K, and assets of $1.7M (revenue +145.8% year-over-year).
- 2020: Revenue of $122K, expenses of $159K, and assets of $2.5M (revenue -83.3% year-over-year).
- 2019: Revenue of $733K, expenses of $160K, and assets of $2.4M (revenue +1558.7% year-over-year).
- 2015: Revenue of $44K, expenses of $111K, and assets of $1.8M (revenue -21.2% year-over-year).
- 2014: Revenue of $56K, expenses of $64K, and assets of $2.0M (revenue -74.4% year-over-year).
- 2013: Revenue of $219K, expenses of $118K, and assets of $1.9M (revenue +71.7% year-over-year).
- 2012: Revenue of $127K, expenses of $105K, and assets of $1.6M (revenue -63.2% year-over-year).
- 2011: Revenue of $346K, expenses of $106K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Frick Family Foundation Inc:
Data Sources and Methodology
This transparency report for The Frick 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.