The Fry Foundation
The Fry Foundation consistently grows assets with minimal liabilities and zero executive compensation.
EIN: 10570536 · Paradise Vly, AZ · NTEE: T22 · Updated: 2026-03-28
Is The Fry Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Fry Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Fry Foundation
The Fry Foundation (EIN: 10570536) is a nonprofit organization based in Paradise Vly, AZ, classified under NTEE code T22. The organization reported total revenue of $663K and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Fry Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Fry Foundation with a Mission Score of 95 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 Fry 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.
Executive Compensation Analysis
The Fry Foundation consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly unusual for an organization of its asset size ($4.8 million in 2023) and contributes significantly to spending efficiency.
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 Fry Foundation:
- Consistent asset growth (from $2.67M in 2011 to $4.81M in 2023)
- Minimal liabilities (consistently reported as $1)
- Zero officer compensation across all filings, indicating high efficiency
- Revenue generally exceeds expenses, leading to healthy surpluses
- Long history of IRS 990 filings (10 filings), indicating transparency
Frequently Asked Questions about The Fry Foundation
Is The Fry Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Fry Foundation (EIN: 10570536) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does The Fry Foundation spend its money?
The Fry Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Fry Foundation tax-deductible?
The Fry Foundation is registered as a tax-exempt nonprofit (EIN: 10570536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Fry Foundation a good charity?
Based on the provided financial data, The Fry Foundation appears to be a very good charity. It demonstrates strong financial health with consistent asset growth, minimal liabilities, and a remarkable commitment to efficiency by reporting zero officer compensation.
How has The Fry Foundation's financial health changed over time?
The Fry Foundation's financial health has consistently improved over time. Assets have grown from $2,673,528 in 2011 to $4,810,068 in 2023, and liabilities have remained negligible, indicating strong financial stewardship and sustainability.
What is The Fry Foundation's approach to executive compensation?
The Fry Foundation's approach to executive compensation is highly efficient, as it consistently reports 0% officer compensation across all available IRS 990 filings. This means no funds are allocated to executive salaries.
Does The Fry Foundation have significant debt?
No, The Fry Foundation does not have significant debt. Its liabilities have consistently been reported as minimal, often $1, across all available filing periods, indicating a very low debt burden.
Filing History
IRS 990 filing history for The Fry Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Fry Foundation's revenue has declined by 8.7%, moving from $572K to $522K. Total assets increased by 79.9% over the same period, from $2.7M to $4.8M. Total functional expenses rose by 88.3%, from $169K to $318K. In its most recent filing year (2023), The Fry Foundation reported a surplus of $204K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $522K | $318K | $4.8M | $1 | — | — |
| 2022 | $643K | $298K | $4.6M | $1 | — | — |
| 2021 | $503K | $290K | $4.3M | $1 | — | View 990 |
| 2020 | $235K | $278K | $4.0M | $1 | — | View 990 |
| 2019 | $526K | $248K | $4.1M | $1 | — | View 990 |
| 2015 | $418K | $182K | $3.0M | $0 | — | View 990 |
| 2014 | $363K | $202K | $2.8M | $0 | — | View 990 |
| 2013 | $431K | $172K | $2.6M | $0 | — | View 990 |
| 2012 | $39K | $178K | $2.5M | $0 | — | View 990 |
| 2011 | $572K | $169K | $2.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $522K, expenses of $318K, and assets of $4.8M (revenue -18.8% year-over-year).
- 2022: Revenue of $643K, expenses of $298K, and assets of $4.6M (revenue +27.8% year-over-year).
- 2021: Revenue of $503K, expenses of $290K, and assets of $4.3M (revenue +114.5% year-over-year).
- 2020: Revenue of $235K, expenses of $278K, and assets of $4.0M (revenue -55.4% year-over-year).
- 2019: Revenue of $526K, expenses of $248K, and assets of $4.1M (revenue +25.7% year-over-year).
- 2015: Revenue of $418K, expenses of $182K, and assets of $3.0M (revenue +15.2% year-over-year).
- 2014: Revenue of $363K, expenses of $202K, and assets of $2.8M (revenue -15.7% year-over-year).
- 2013: Revenue of $431K, expenses of $172K, and assets of $2.6M (revenue +1010.3% year-over-year).
- 2012: Revenue of $39K, expenses of $178K, and assets of $2.5M (revenue -93.2% year-over-year).
- 2011: Revenue of $572K, expenses of $169K, and assets of $2.7M.
Data Sources and Methodology
This transparency report for The Fry 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.