Bill And Faye Stallings Family Foundation
Bill And Faye Stallings Family Foundation faces consistent deficits as expenses outpace declining revenue.
EIN: 208383433 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $58K |
| Program Spending | 85% |
| Net Assets | $49K |
| Transparency Score | 75/100 |
Is Bill And Faye Stallings Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bill And Faye Stallings Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bill And Faye Stallings Family Foundation
Bill And Faye Stallings Family Foundation (EIN: 208383433) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $83K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bill And Faye Stallings Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bill And Faye Stallings Family Foundation is a micro 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 -17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $58K |
| Surplus / Deficit | $-34,253 |
| Total Assets | $49K |
| Total Liabilities | $1 |
| Net Assets | $49K |
| Operating Margin | -145.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 10.2 months |
Financial Health Grade: B
In 2023, Bill And Faye Stallings Family Foundation reported a deficit of $34K with expenses exceeding revenue, holds 10.2 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), Bill And Faye Stallings Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.4% | -7.6% | -41.2% |
| 2022 | -19.9% | +4.0% | -18.3% |
| 2021 | -9.0% | -7.7% | -5.0% |
| 2020 | -22.4% | -13.5% | -4.5% |
| 2019 | -53.2% | -51.4% | -6.4% |
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 Bill And Faye Stallings 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: 85%
- fundraising: 5%
According to IRS 990 filings, Bill And Faye Stallings Family Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers. This suggests a highly efficient and volunteer-driven leadership structure, directing all financial resources towards the foundation's charitable activities.
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 Bill And Faye Stallings Family Foundation's IRS 990 filings:
- Consistent annual deficits since 2020 (e.g., 2023 revenue $23,497 vs. expenses $57,750)
- Significant decline in revenue over the past decade from $1,122,488 in 2012 to $23,497 in 2023
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data
Strengths
The following positive indicators were identified for Bill And Faye Stallings Family Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency and dedication to mission
- Minimal liabilities ($0 or $1) across all periods, suggesting strong debt management
- Maintains a healthy asset base ($94,209) relative to current revenue, providing some financial cushion
Frequently Asked Questions about Bill And Faye Stallings Family Foundation
Is Bill And Faye Stallings Family Foundation a legitimate charity?
Bill And Faye Stallings Family Foundation (EIN: 208383433) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $83K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Bill And Faye Stallings Family Foundation spend its money?
Bill And Faye Stallings Family Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bill And Faye Stallings Family Foundation tax-deductible?
Bill And Faye Stallings Family Foundation is registered as a tax-exempt nonprofit (EIN: 208383433). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bill And Faye Stallings Family Foundation's spending goes to programs?
Bill And Faye Stallings Family Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bill And Faye Stallings Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Bill And Faye Stallings Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bill And Faye Stallings Family Foundation located?
Bill And Faye Stallings Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 208383433. It is classified under NTEE code T22.
How many years of IRS 990 filings does Bill And Faye Stallings Family Foundation have?
Bill And Faye Stallings 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 $83K in total revenue.
Is the Bill And Faye Stallings Family Foundation financially stable?
The foundation's financial stability shows mixed signals. While it has a healthy asset base of $94,209 and minimal liabilities, it has consistently reported expenses exceeding revenue since 2020. For example, in 2023, expenses were $57,750 against revenue of $23,497, indicating a deficit that could erode assets over time if not reversed.
How efficient is the Bill And Faye Stallings Family Foundation with its spending?
The foundation demonstrates high efficiency in executive compensation, reporting 0% officer compensation across all filings. This suggests a strong commitment to directing funds to its mission. However, without a detailed functional expense breakdown (program, admin, fundraising), a full assessment of overall spending efficiency is limited.
What is the trend in the foundation's revenue?
The foundation's revenue has shown a significant downward trend over the past decade. After a peak of $1,122,488 in 2012, revenue has steadily declined, reaching $23,497 in 2023. This decline, coupled with increasing expenses relative to revenue, is a concern.
Does the foundation have significant liabilities?
No, the foundation consistently reports minimal liabilities, typically $0 or $1, across all available filings. This indicates strong financial management and a lack of significant debt.
Filing History
IRS 990 filing history for Bill And Faye Stallings Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bill And Faye Stallings Family Foundation's revenue has declined by 90.2%, moving from $239K to $23K. Total assets decreased by 81.6% over the same period, from $266K to $49K. Total functional expenses fell by 51.8%, from $120K to $58K. In its most recent filing year (2023), Bill And Faye Stallings Family Foundation reported a deficit of $34K, with expenses exceeding revenue. The organization holds $1 in liabilities against $49K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $49K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23K | $58K | $49K | $1 | — | — |
| 2022 | $44K | $63K | $83K | $1 | — | View 990 |
| 2021 | $55K | $60K | $102K | $1 | — | — |
| 2020 | $60K | $65K | $107K | $1 | — | — |
| 2019 | $77K | $75K | $112K | $0 | — | View 990 |
| 2015 | $165K | $155K | $120K | $1 | — | View 990 |
| 2014 | $179K | $168K | $110K | $1 | — | View 990 |
| 2013 | $163K | $173K | $98K | $1 | — | View 990 |
| 2012 | $1.1M | $1.3M | $108K | $1 | — | View 990 |
| 2011 | $239K | $120K | $266K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23K, expenses of $58K, and assets of $49K (revenue -46.4% year-over-year).
- 2022: Revenue of $44K, expenses of $63K, and assets of $83K (revenue -19.9% year-over-year).
- 2021: Revenue of $55K, expenses of $60K, and assets of $102K (revenue -9.0% year-over-year).
- 2020: Revenue of $60K, expenses of $65K, and assets of $107K (revenue -22.4% year-over-year).
- 2019: Revenue of $77K, expenses of $75K, and assets of $112K (revenue -53.2% year-over-year).
- 2015: Revenue of $165K, expenses of $155K, and assets of $120K (revenue -7.6% year-over-year).
- 2014: Revenue of $179K, expenses of $168K, and assets of $110K (revenue +10.0% year-over-year).
- 2013: Revenue of $163K, expenses of $173K, and assets of $98K (revenue -85.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.3M, and assets of $108K (revenue +369.0% year-over-year).
- 2011: Revenue of $239K, expenses of $120K, and assets of $266K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bill And Faye Stallings Family Foundation:
Data Sources and Methodology
This transparency report for Bill And Faye Stallings 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.