Skip to content

Ohio · Nonprofit

THE ALTENHEIM FOUNDATION INC

THE ALTENHEIM FOUNDATION INC (Ohio) receives grants from 7 organizations whose IRS filings report $686,965 to it, the largest being RHODES ROBERT R TR ($349,577). 6 of them have funded it in more than one year.

Revenue FY2024
$494k
Funders on record
7
Grants received
$687k
Net assets
$7.2M
6/7 repeat funderspeak grant-dependency 40%
01What it does

What The Altenheim Foundation Inc does

Mission

In accordance with its "supporting organization" status under code section 509(a)(3), the foundation raises funds and manages investments to support the operations of west side deutscher frauen verein, which provides a continuum of care to elderly residents at its facilities.

As stated on its FY2024 Form 990.

Program

  1. Provide support services to west side deutscher frauen verein dba the altenheim, a section 501(c)(3) organization, in accordance with the foundation's "supporting organization" status under code section 509(a)(3).

The program described on its FY2024 Form 990.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($235k) Expenses 100 ($435k) Net assets 100 ($5.0M)2018 Revenue 134 ($314k) Expenses 134 ($584k) Net assets 79 ($3.9M)2019 Revenue 290 ($680k) Expenses 48 ($209k) Net assets 97 ($4.8M)2020 Revenue 85 ($199k) Expenses 46 ($201k) Net assets 112 ($5.5M)2021 Revenue 115 ($271k) Expenses 70 ($305k) Net assets 131 ($6.5M)2022 Revenue 93 ($219k) Expenses 51 ($223k) Net assets 91 ($4.5M)2023 Revenue 209 ($490k) Expenses 39 ($172k) Net assets 117 ($5.8M)2024 Revenue 211 ($494k) Expenses 38 ($166k) Net assets 145 ($7.2M)
'17'18'19'20'21'22'23'24
Revenue (211)Expenses (38)Net assets (145)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $6.8M to $5.7M (−17%).

$6.7M
$6.1M
$5.4M
$6.0M
$6.8M
$5.7M
$6.5M
$7.5M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$201k
’17
−$271k
’18
$471k
’19
−$2k
’20
−$34k
’21
−$3k
’22
$318k
’23
$328k
’24

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Paul Psota

CEO

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1615141312131416
Joined·+4+0+2+0+2+1+4
No longer listed·5131102
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $34k → $78k.

From the IRS filings of THE ALTENHEIM FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE ALTENHEIM FOUNDATION INC leans on a few funders — its largest provides 51% of grant income and the top three 85%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

51% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE ALTENHEIM FOUNDATION INC.

51%
largest funder
85%
top three
~3
effective funders

Largest funder’s share by year: 2018 58% · 2019 48% · 2020 73% · 2021 74% · 2022 75% · 2023 74% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of THE ALTENHEIM FOUNDATION INC's grant income comes from Ohio funders.

OH

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Ohio out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like THE ALTENHEIM FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

0% of spending goes to programs.

Program 0%Management 2%Fundraising 98%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

OH

Part of a family of 2 related entities

  • West Side Deutscher Frauen Verein · exempt
  • Altenheim Properties Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE ALTENHEIM FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE ALTENHEIM FOUNDATION INC?
THE ALTENHEIM FOUNDATION INC (Ohio) receives grants from 7 organizations whose IRS filings report $686,965 to it, the largest being RHODES ROBERT R TR ($349,577). 6 of them have funded it in more than one year.
How many funders does THE ALTENHEIM FOUNDATION INC have?
IRS filings report 7 organizations giving $686,965 in grants to THE ALTENHEIM FOUNDATION INC, 6 of which have funded it in more than one year.
Who is the largest funder of THE ALTENHEIM FOUNDATION INC?
RHODES ROBERT R TR is the largest funder on record, with $349,577 in grants. The full list of funders is on this page.
How can an organization like THE ALTENHEIM FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Altenheim →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing