Franklin & Elizabeth F Alex Charitable Foundation is a 501(c)(3) organization based in Layton, Utah, registered in 2003, with $4,316 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$4,316
▼ 60.0% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$42K
Net assets
$513K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Franklin & Elizabeth F Alex Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Franklin & Elizabeth F Alex Charitable Foundation: 146 mo reserves · -874% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Franklin & Elizabeth F Alex Charitable Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Franklin & Elizabeth F Alex Charitable Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $63K (FY2013) to $4,316 (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-873.8%
Spent more than it raised in the latest fiscal year.
Total assets
$513K
Total liabilities
$0
Net assets
$513K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,316▼60.0% | $42,028▲103% | $512,856▲18.1% | $512,856▲18.1% | 990PF |
| 2022 | $10,799▼62.6% | $20,707▼7.0% | $434,206▼2.2% | $434,206▼2.2% | 990PF |
| 2021 | $28,848▼48.4% | $22,262▼15.1% | $444,114▲1.5% | $444,114▲1.5% | 990PF |
| 2020 | $55,906▲140% | $26,220▲1.3% | $437,528▲7.3% | $437,528▲7.3% | 990PF |
| 2019 | $23,276▲148% | $25,888▲153% | $407,842▼0.6% | $407,842▼0.6% | 990PF |
| 2018 | $9,386▲13.5% | $10,220▼56.4% | $410,454▼3.3% | $410,454▼3.3% | 990PF |
| 2017 | $8,270▼91.1% | $23,449▼1.1% | $424,368▲7.1% | $424,368▲7.1% | 990PF |
| 2016 | $93,155▲67.0% | $23,700▲0.1% | $396,225▼16.7% | $396,225▼16.7% | 990PF |
| 2015 | $55,771▼11.1% | $23,684▲0.4% | $475,474▲5.3% | $475,474▲5.3% | 990PF |
| 2014 | $62,750▼0.8% | $23,585▼26.9% | $451,580▼5.2% | $451,580▼5.2% | 990PF |
| 2013 | $63,266 | $32,251▲6.6% | $476,250▲7.0% | $476,250▲7.0% | 990PF |
| 2012 | — | $30,257▲40.3% | $445,235▲8.2% | $445,235▲8.2% | 990PF |
| 2011 | — | $21,568 | $411,520 | $411,520 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Franklin & Elizabeth F Alex Charitable Foundation (EIN 20-0234308) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.