Appelt Family Foundation
Appelt Family Foundation shows highly variable revenue and minimal expenses, holding significant assets.
EIN: 208438048 · Houston, TX · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $382K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $9.9M |
| Transparency Score | 75/100 |
Is Appelt Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Appelt Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Appelt Family Foundation
Appelt Family Foundation (EIN: 208438048) is a nonprofit organization based in Houston, TX, classified under NTEE code T20. The organization reported total revenue of $4.5M and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Appelt Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Appelt Family Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 217.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $382K |
| Surplus / Deficit | +$648K |
| Total Assets | $9.9M |
| Total Liabilities | $1 |
| Net Assets | $9.9M |
| Operating Margin | 62.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 311.8 months |
Financial Health Grade: A
In 2023, Appelt Family Foundation reported a surplus of $648K with revenue exceeding expenses, holds 311.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Appelt Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 217.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -92.7% | +323.3% | +7.0% |
| 2022 | +1017.8% | — | +979.3% |
| 2021 | +125766400.0% | — | +85866700.0% |
| 2020 | +0.0% | — | +0.0% |
| 2019 | +0.0% | — | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Appelt Family Foundation with a Mission Score of 75 out of 100 (Good). 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, Appelt Family 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $648K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0%, indicating a volunteer-led or unpaid leadership structure, which is highly efficient for an organization with over $10 million in assets.
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.
Red Flags
The following concerns were identified during AI analysis of Appelt Family Foundation's IRS 990 filings:
- Highly inconsistent revenue reporting over time, with many years showing only $1 in revenue.
- Very low expense ratios relative to revenue in some years (e.g., $90,137 expenses on $14M revenue in 2022), which could indicate minimal direct program spending or significant asset accumulation.
Strengths
The following positive indicators were identified for Appelt Family Foundation:
- Zero officer compensation, indicating efficient use of funds at the leadership level.
- Significant asset base ($10,172,071 latest reported) provides long-term financial stability.
- Consistently low liabilities ($1 reported in recent years) suggests strong financial management and minimal debt.
Frequently Asked Questions about Appelt Family Foundation
Is Appelt Family Foundation a legitimate charity?
Appelt Family Foundation (EIN: 208438048) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.5M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Appelt Family Foundation spend its money?
Appelt Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Appelt Family Foundation tax-deductible?
Appelt Family Foundation is registered as a tax-exempt nonprofit (EIN: 208438048). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Appelt Family Foundation CEO make?
Appelt Family Foundation's highest-compensated officer earns $10 annually. The organization reported $4.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Appelt Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Appelt Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Appelt Family Foundation located?
Appelt Family Foundation is headquartered in Houston, Texas and files with the IRS under EIN 208438048. It is classified under NTEE code T20.
How many years of IRS 990 filings does Appelt Family Foundation have?
Appelt Family Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.5M in total revenue.
What are the specific programs or grants the Appelt Family Foundation supports?
The provided IRS 990 data does not detail specific program activities or grant recipients, making it difficult to understand the direct impact of their funding.
Why is there such extreme variability in the foundation's annual revenue?
The revenue figures range from $1 to over $14 million, which could be due to large, infrequent donations, investment gains, or specific asset transfers. Further context from the full 990 filings would be needed to understand this pattern.
How does the foundation manage its significant assets of over $10 million?
With assets exceeding $10 million, the foundation likely engages in investment activities, but the provided data does not detail their investment strategy or asset allocation.
Filing History
IRS 990 filing history for Appelt Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Appelt Family Foundation's revenue has grown by 102923200%, moving from $1 to $1.0M. Total assets increased by 991504300% over the same period, from $1 to $9.9M. In its most recent filing year (2023), Appelt Family Foundation reported a surplus of $648K, with revenue exceeding expenses. The organization holds $1 in liabilities against $9.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $382K | $9.9M | $1 | — | View 990 |
| 2022 | $14.1M | $90K | $9.3M | $1 | — | View 990 |
| 2021 | $1.3M | $0 | $859K | $1 | — | View 990 |
| 2020 | $1 | $0 | $1 | $1 | — | View 990 |
| 2019 | $1 | $0 | $1 | $0 | — | View 990 |
| 2015 | $1 | $0 | $1 | $0 | — | View 990 |
| 2014 | $1 | $0 | $1 | $0 | — | View 990 |
| 2013 | $1 | $0 | $1 | $0 | — | View 990 |
| 2012 | $1 | $0 | $1 | $0 | — | View 990 |
| 2011 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $382K, and assets of $9.9M (revenue -92.7% year-over-year).
- 2022: Revenue of $14.1M, expenses of $90K, and assets of $9.3M (revenue +1017.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $0, and assets of $859K (revenue +125766400.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Appelt Family Foundation:
Data Sources and Methodology
This transparency report for Appelt Family 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.