Botnick Family Foundation
Botnick Family Foundation: Consistent Operations, Minimal Transparency
EIN: 222818488 · Manchester, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $96K |
| Net Assets | $1.8M |
| Transparency Score | 65/100 |
Is Botnick Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Botnick Family Foundation
Botnick Family Foundation (EIN: 222818488) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $1.1M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Botnick Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Botnick Family Foundation is a mid-size nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $96K |
| Surplus / Deficit | +$15K |
| Total Assets | $1.8M |
| Total Liabilities | $1 |
| Net Assets | $1.8M |
| Operating Margin | 13.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 229.5 months |
Financial Health Grade: A
In 2023, Botnick Family Foundation reported a surplus of $15K with revenue exceeding expenses, holds 229.5 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), Botnick Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.1% | -9.4% | +0.8% |
| 2022 | -54.1% | -3.1% | +0.6% |
| 2021 | +145.0% | +5.8% | +8.5% |
| 2020 | -29.6% | +28.8% | -0.1% |
| 2019 | +4.6% | -5.8% | +25.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Botnick Family Foundation with a Mission Score of 65 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Botnick Family Foundation allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, as indicated by 'c0%', suggesting no salaries are paid to officers, directors, trustees, or key employees.
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 Botnick Family Foundation's IRS 990 filings:
- Consistent 0% program service expenses across all reported years, raising questions about its direct charitable impact.
- Lack of detailed narrative or program descriptions in available data to understand its mission fulfillment beyond asset management.
Strengths
The following positive indicators were identified for Botnick Family Foundation:
- Consistent asset growth over the years, from $1,252,398 in 2013 to $1,845,175 in 2023.
- Low overhead, with no reported executive compensation, suggesting efficient management of its assets.
Frequently Asked Questions about Botnick Family Foundation
Is Botnick Family Foundation a legitimate charity?
Botnick Family Foundation (EIN: 222818488) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Botnick Family Foundation spend its money?
Botnick Family Foundation reported $1.1M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Botnick Family Foundation tax-deductible?
Botnick Family Foundation is registered as a tax-exempt nonprofit (EIN: 222818488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Botnick Family Foundation located?
Botnick Family Foundation is headquartered in Manchester, New Hampshire and files with the IRS under EIN 222818488.
How many years of IRS 990 filings does Botnick Family Foundation have?
Botnick 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 $1.1M in total revenue.
What does Botnick Family Foundation do?
Botnick Family Foundation is a nonprofit organization in the Unknown sector, located in Manchester, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Botnick Family Foundation have?
Botnick Family Foundation reported total revenue of $1,138,589. Based on 10 IRS 990 filings on record.
What are Botnick Family Foundation's total assets?
Botnick Family Foundation holds total assets of $1,845,175 as reported in IRS 990 filings.
Where is Botnick Family Foundation located?
Botnick Family Foundation is based in Manchester, New Hampshire.
What is Botnick Family Foundation's EIN?
Botnick Family Foundation's Employer Identification Number (EIN) is 222818488. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Botnick Family Foundation?
Botnick Family Foundation is classified under NTEE code Unknown (Unknown).
Is Botnick Family Foundation a registered 501(c)(3)?
Botnick Family Foundation appears in IRS records (EIN: 222818488). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Botnick Family Foundation file IRS Form 990?
Yes, Botnick Family Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Botnick Family Foundation's revenue in 2023?
In the 202312 filing period, Botnick Family Foundation reported total revenue of $111,273, total expenses of $95,851, and net assets of $1,833,462.
Is Botnick Family Foundation's revenue growing or declining?
Botnick Family Foundation's revenue is relatively stable. Revenue went from $114,876 (202212) to $111,273 (202312), a -3.1% change. Based on 10 filings on record.
What is Botnick Family Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Botnick Family Foundation covers tax period 202312. It shows revenue of $111,273, expenses of $95,851, total assets of $1,833,462, and liabilities of $1.
Is Botnick Family Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Botnick Family Foundation shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Botnick Family Foundation?
The following concerns were identified: Consistent 0% program service expenses across all reported years, raising questions about its direct charitable impact.. Lack of detailed narrative or program descriptions in available data to understand its mission fulfillment beyond asset management.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Botnick Family Foundation's strengths?
Positive indicators for Botnick Family Foundation include: Consistent asset growth over the years, from $1,252,398 in 2013 to $1,845,175 in 2023.. Low overhead, with no reported executive compensation, suggesting efficient management of its assets.. These findings are derived from AI analysis of the organization's financial filings.
How does Botnick Family Foundation compensate executives?
Executive compensation is not reported in the provided filings, as indicated by 'c0%', suggesting no salaries are paid to officers, directors, trustees, or key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Botnick Family Foundation?
- The foundation's filings consistently show 0% program service expenses, indicating it primarily functions as a holding entity for assets rather than an active grantmaker. - There is no detailed breakdown of administrative expenses beyond the total reported, making it difficult to assess specific operational costs. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 0% program service expenses, what is the primary charitable purpose or activity of the Botnick Family Foundation?
Based on the provided data, the foundation appears to function primarily as a private non-operating foundation, holding and managing assets rather than directly conducting or funding charitable programs. Its 'exempt function expenses' (x) consistently represent administrative costs, not program outlays.
Filing History
IRS 990 filing history for Botnick Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Botnick Family Foundation's revenue has grown by 186%, moving from $39K to $111K. Total assets increased by 94.2% over the same period, from $944K to $1.8M. Total functional expenses rose by 80.7%, from $53K to $96K. In its most recent filing year (2023), Botnick Family Foundation reported a surplus of $15K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $111K | $96K | $1.8M | $1 | — | — |
| 2022 | $115K | $106K | $1.8M | $1 | — | View 990 |
| 2021 | $250K | $109K | $1.8M | $1 | — | View 990 |
| 2020 | $102K | $103K | $1.7M | $1 | — | — |
| 2019 | $145K | $80K | $1.7M | $1 | — | View 990 |
| 2015 | $139K | $85K | $1.3M | $1 | — | View 990 |
| 2014 | $108K | $83K | $1.3M | $1 | — | View 990 |
| 2013 | $74K | $74K | $1.3M | $1 | — | View 990 |
| 2012 | $351K | $53K | $1.2M | $1 | — | View 990 |
| 2011 | $39K | $53K | $944K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $111K, expenses of $96K, and assets of $1.8M (revenue -3.1% year-over-year).
- 2022: Revenue of $115K, expenses of $106K, and assets of $1.8M (revenue -54.1% year-over-year).
- 2021: Revenue of $250K, expenses of $109K, and assets of $1.8M (revenue +145.0% year-over-year).
- 2020: Revenue of $102K, expenses of $103K, and assets of $1.7M (revenue -29.6% year-over-year).
- 2019: Revenue of $145K, expenses of $80K, and assets of $1.7M (revenue +4.6% year-over-year).
- 2015: Revenue of $139K, expenses of $85K, and assets of $1.3M (revenue +28.5% year-over-year).
- 2014: Revenue of $108K, expenses of $83K, and assets of $1.3M (revenue +46.4% year-over-year).
- 2013: Revenue of $74K, expenses of $74K, and assets of $1.3M (revenue -79.0% year-over-year).
- 2012: Revenue of $351K, expenses of $53K, and assets of $1.2M (revenue +803.4% year-over-year).
- 2011: Revenue of $39K, expenses of $53K, and assets of $944K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Botnick Family Foundation:
Data Sources and Methodology
This transparency report for Botnick 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.