Ad Foundation Inc
Nonprofit profile at a glance
- EIN
- 461822682
- IRS 990-EZ coverage
- 2015–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2014
- Location
- Maryville, TN, USA
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $5
- Expenses
- $2,650
- Assets
- $48,163
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- BRANDON FRAZIER (PRESIDENT)
- EARL ANDERSON (PRESIDENT)
People named in this filing
- BRANDON FRAZIER (PRESIDENT)
- EARL ANDERSON (PRESIDENT)
- CARSON ANDERSON (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A life inspiring a life to encourage, empower and educate. We have to start talking about this. We have to start with one life, with one purpose. We have to help save a family from the horrors of opiate addiction. How we do that is to first stop young people from being addicted in the first place. And second, focus of the recovery of kids already addicted. We are not a recovery program, but we are a source to help fund them.
What it reported doing in 2023
Grants and assistance to individuals and mental health and music 501(c)(3) organizations in furtherance of the foundation's mission
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 82
- Sustainability: 35
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 75.5%; rating input score 75
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -52,900%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 18.17; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -21.2% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: -44.6% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -3.4% per year; rating input score 0; 28th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 75.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2015 to 2023
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.