Ansari Foundation
Nonprofit profile at a glance
- EIN
- 923884149
- IRS 990-PF coverage
- 2024–2024
- Forms available
- Form 990-PF 2024
- Location
- Midland, TX, USA
- Phone
- 6162062345
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $0
- Expenses
- $7,665
Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.
Overview
Mission
Human Service Organizations
What it reported funding in 2024
The foundation reported 3 grants totaling $5,550. The stated grant purpose was donation.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this foundation funds its work.
- Distribution model
- Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
The verdict
STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. No material rating questions were generated from the available inputs.
Rating breakdown
- Grant Deployment: 69
- Cost Efficiency: 72
- Transparency: 100
- Compliance: 98
- Endowment Health: 85
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: 68.8%; rating input score 69; 13th percentile among comparable filings
Cost Efficiency
- Grant expense ratio: 72.4%; rating input score 72; 47th percentile among comparable filings
Transparency
- Grant recipient disclosure: Yes; rating input score 100
Compliance
- Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Pass
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Missing
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 8; rating input score 100
Endowment Health
- Endowment-health comparison: 25.65; rating input score 85; 85th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Grants: 100% of grant recipient detail disclosed
- Payout: 68.8% grant deployment rate
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 85th percentile for endowment coverage
- Consistency: 8 of 8 current checks pass
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.