Ashton Family Foundation
Ashton Family Foundation maintains stable assets and zero officer compensation over a decade.
EIN: 200403774 · Tucson, AZ · NTEE: T22 · Updated: 2026-03-28
Is Ashton Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ashton Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ashton Family Foundation
Ashton Family Foundation (EIN: 200403774) is a nonprofit organization based in Tucson, AZ, classified under NTEE code T22. The organization reported total revenue of $122K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ashton Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ashton Family Foundation is a small nonprofit that has been operating for 22 years, with 9 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $59K |
| Surplus / Deficit | +$18K |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | 23.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 232.4 months |
Financial Health Grade: A
In 2024, Ashton Family Foundation reported a surplus of $18K with revenue exceeding expenses, holds 232.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2024), Ashton Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +41.5% | -12.3% | +1.6% |
| 2023 | -13.8% | +1.1% | -1.1% |
| 2022 | -35.9% | +4.7% | -0.3% |
| 2021 | +68.8% | -2.8% | +3.2% |
| 2020 | -10.9% | +3.4% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Ashton Family Foundation with a Mission Score of 95 out of 100 (Excellent). 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, Ashton 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all nine filing periods, indicating that no officer salaries are paid, which is highly unusual for an organization with over $1 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.
Strengths
The following positive indicators were identified for Ashton Family Foundation:
- Consistent asset growth, from $1,074,196 in 201206 to $1,144,673 in 202406.
- Zero officer compensation reported across all nine filing periods, indicating high efficiency.
- Negligible liabilities ($0 or $1) consistently, demonstrating strong financial health and low risk.
- Expenses generally below revenue in most periods, showing prudent financial management (e.g., 202406: Expenses $59,105 vs. Revenue $77,467).
- Consistent IRS 990 filing history over nine periods, indicating strong transparency.
Frequently Asked Questions about Ashton Family Foundation
Is Ashton Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ashton Family Foundation (EIN: 200403774) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Ashton Family Foundation spend its money?
Ashton Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ashton Family Foundation tax-deductible?
Ashton Family Foundation is registered as a tax-exempt nonprofit (EIN: 200403774). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Ashton Family Foundation sustain its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based, or that compensation is covered by an external entity, allowing all operational funds to be directed elsewhere.
What is the primary source of the foundation's revenue?
While not explicitly detailed in the provided data, given the NTEE code T22 (Private Grantmaking Foundations) and the consistent revenue figures, it is likely derived from investment income on its substantial asset base and potentially contributions from its founders or related entities.
How does the foundation's asset growth compare to its revenue?
The foundation's assets have grown from $1,074,196 in 201206 to $1,144,673 in 202406, a steady increase, while annual revenue has fluctuated, indicating that asset growth is likely driven by investment returns and careful management rather than solely by annual contributions.
Filing History
IRS 990 filing history for Ashton Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2024), Ashton Family Foundation's revenue has grown by 13.2%, moving from $68K to $77K. Total assets increased by 6.6% over the same period, from $1.1M to $1.1M. Total functional expenses rose by 4.6%, from $57K to $59K. In its most recent filing year (2024), Ashton Family Foundation reported a surplus of $18K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $77K | $59K | $1.1M | $1 | — | — |
| 2023 | $55K | $67K | $1.1M | $1 | — | View 990 |
| 2022 | $64K | $67K | $1.1M | $1 | — | — |
| 2021 | $99K | $64K | $1.1M | $1 | — | — |
| 2020 | $59K | $65K | $1.1M | $0 | — | View 990 |
| 2015 | $66K | $63K | $1.1M | $0 | — | View 990 |
| 2014 | $74K | $62K | $1.1M | $0 | — | View 990 |
| 2013 | $81K | $57K | $1.1M | $0 | — | View 990 |
| 2012 | $68K | $57K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $77K, expenses of $59K, and assets of $1.1M (revenue +41.5% year-over-year).
- 2023: Revenue of $55K, expenses of $67K, and assets of $1.1M (revenue -13.8% year-over-year).
- 2022: Revenue of $64K, expenses of $67K, and assets of $1.1M (revenue -35.9% year-over-year).
- 2021: Revenue of $99K, expenses of $64K, and assets of $1.1M (revenue +68.8% year-over-year).
- 2020: Revenue of $59K, expenses of $65K, and assets of $1.1M (revenue -10.9% year-over-year).
- 2015: Revenue of $66K, expenses of $63K, and assets of $1.1M (revenue -10.5% year-over-year).
- 2014: Revenue of $74K, expenses of $62K, and assets of $1.1M (revenue -9.2% year-over-year).
- 2013: Revenue of $81K, expenses of $57K, and assets of $1.1M (revenue +18.6% year-over-year).
- 2012: Revenue of $68K, expenses of $57K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ashton Family Foundation:
Data Sources and Methodology
This transparency report for Ashton 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.