Binion Family Foundation
Binion Family Foundation shows consistent revenue growth and zero officer compensation, maintaining a stable asset base.
EIN: 208076667 · Las Vegas, NV · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $419K |
| Total Expenses | $293K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.4M |
| Transparency Score | 90/100 |
Is Binion Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Binion Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Binion Family Foundation
Binion Family Foundation (EIN: 208076667) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T20. The organization reported total revenue of $419K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Binion Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Binion Family Foundation is a small 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 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $365K |
| Total Expenses | $293K |
| Surplus / Deficit | +$72K |
| Total Assets | $3.4M |
| Total Liabilities | $1 |
| Net Assets | $3.4M |
| Operating Margin | 19.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 138.5 months |
Financial Health Grade: A
In 2023, Binion Family Foundation reported a surplus of $72K with revenue exceeding expenses, holds 138.5 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), Binion Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.8% | +1.3% | +2.2% |
| 2022 | +18.3% | +30.4% | +0.3% |
| 2021 | +14.9% | +9.9% | +1.0% |
| 2020 | +7.5% | -2.4% | +0.6% |
| 2019 | +183.3% | +24.6% | -2.6% |
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 Binion Family Foundation with a Mission Score of 90 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, Binion 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 $72K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with assets exceeding $3 million.
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 Binion Family Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in summary data (though 0% officer comp is positive, specific program vs. admin spending is not granularly available from this summary)
Strengths
The following positive indicators were identified for Binion Family Foundation:
- Consistent revenue growth (from $205,182 in 2019 to $364,822 in 2023)
- 0% officer compensation reported across all filings, indicating high efficiency
- Stable and growing asset base (over $3 million, increasing from $3,243,176 in 2019 to $3,377,233 in 2023)
- Minimal liabilities ($0 or $1 in recent years)
- Expenses consistently below revenue in recent years, allowing for asset accumulation
Frequently Asked Questions about Binion Family Foundation
Is Binion Family Foundation a legitimate charity?
Binion Family Foundation (EIN: 208076667) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $419K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Binion Family Foundation spend its money?
Binion Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Binion Family Foundation tax-deductible?
Binion Family Foundation is registered as a tax-exempt nonprofit (EIN: 208076667). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Binion Family Foundation CEO make?
Binion Family Foundation's highest-compensated officer earns $3 annually. The organization reported $419K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Binion Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Binion 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 Binion Family Foundation located?
Binion Family Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 208076667. It is classified under NTEE code T20.
How many years of IRS 990 filings does Binion Family Foundation have?
Binion 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 $419K in total revenue.
Is the Binion Family Foundation a good charity?
Based on the provided data, the Binion Family Foundation appears to be a well-managed grant-making organization. It has a stable financial base, consistently growing revenue, and notably reports 0% officer compensation, suggesting high efficiency in directing funds to its mission.
How has the foundation's revenue trended over time?
The foundation's revenue has shown a positive upward trend, increasing from $205,182 in 2019 to $364,822 in 2023, indicating growing financial capacity.
What is the foundation's approach to executive compensation?
The Binion Family Foundation reports 0% officer compensation in all available filings, meaning no salaries are paid to its executives, which is a significant indicator of low administrative overhead.
How stable are the foundation's assets?
The foundation maintains a very stable asset base, consistently above $3 million, with recent growth from $3,243,176 in 2019 to $3,377,233 in 2023, demonstrating financial security.
Filing History
IRS 990 filing history for Binion Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Binion Family Foundation's revenue has grown by 31.6%, moving from $277K to $365K. Total assets decreased by 1.3% over the same period, from $3.4M to $3.4M. Total functional expenses rose by 58.9%, from $184K to $293K. In its most recent filing year (2023), Binion Family Foundation reported a surplus of $72K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $365K | $293K | $3.4M | $1 | — | View 990 |
| 2022 | $300K | $289K | $3.3M | $1 | — | View 990 |
| 2021 | $253K | $221K | $3.3M | $1 | — | — |
| 2020 | $221K | $201K | $3.3M | $1 | — | View 990 |
| 2019 | $205K | $206K | $3.2M | $0 | — | View 990 |
| 2015 | $72K | $166K | $3.3M | $0 | — | View 990 |
| 2014 | $53K | $173K | $3.4M | $0 | — | View 990 |
| 2013 | $280K | $214K | $3.5M | $0 | — | View 990 |
| 2012 | $214K | $213K | $3.5M | $0 | — | View 990 |
| 2011 | $277K | $184K | $3.4M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $365K, expenses of $293K, and assets of $3.4M (revenue +21.8% year-over-year).
- 2022: Revenue of $300K, expenses of $289K, and assets of $3.3M (revenue +18.3% year-over-year).
- 2021: Revenue of $253K, expenses of $221K, and assets of $3.3M (revenue +14.9% year-over-year).
- 2020: Revenue of $221K, expenses of $201K, and assets of $3.3M (revenue +7.5% year-over-year).
- 2019: Revenue of $205K, expenses of $206K, and assets of $3.2M (revenue +183.3% year-over-year).
- 2015: Revenue of $72K, expenses of $166K, and assets of $3.3M (revenue +37.4% year-over-year).
- 2014: Revenue of $53K, expenses of $173K, and assets of $3.4M (revenue -81.2% year-over-year).
- 2013: Revenue of $280K, expenses of $214K, and assets of $3.5M (revenue +31.1% year-over-year).
- 2012: Revenue of $214K, expenses of $213K, and assets of $3.5M (revenue -23.0% year-over-year).
- 2011: Revenue of $277K, expenses of $184K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Binion Family Foundation:
Data Sources and Methodology
This transparency report for Binion 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.