Boydstun Family Foundation Inc
Boydstun Family Foundation maintains zero officer compensation amidst fluctuating revenues and consistent asset growth.
EIN: 203245605 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $421K |
| Total Expenses | $164K |
| Program Spending | 90% |
| Net Assets | $729K |
| Transparency Score | 85/100 |
Is Boydstun Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boydstun Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boydstun Family Foundation Inc
Boydstun Family Foundation Inc (EIN: 203245605) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $421K and total assets of $806K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boydstun Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boydstun Family Foundation Inc is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $164K |
| Surplus / Deficit | $-86,843 |
| Total Assets | $729K |
| Total Liabilities | $1 |
| Net Assets | $729K |
| Operating Margin | -113.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 53.5 months |
Financial Health Grade: B
In 2023, Boydstun Family Foundation Inc reported a deficit of $87K with expenses exceeding revenue, holds 53.5 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), Boydstun Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.7% | +616.6% | -10.6% |
| 2022 | -84.4% | -79.8% | +2.4% |
| 2021 | +11.1% | -5.4% | +24.2% |
| 2020 | +575.0% | +3.3% | +23.4% |
| 2019 | -78.3% | -26.2% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Boydstun Family Foundation Inc with a Mission Score of 85 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, Boydstun Family Foundation Inc 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 deficit of $87K, 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 officers or directors are receiving salaries from the foundation, which is a strong positive for donor trust and resource allocation.
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 Boydstun Family Foundation Inc's IRS 990 filings:
- Significant revenue volatility year-over-year
- Expenses exceeded revenue in the latest 2023 fiscal period
Strengths
The following positive indicators were identified for Boydstun Family Foundation Inc:
- Consistent 0% officer compensation
- Minimal liabilities ($1 across all filings)
- Consistent growth in assets over time
- Strong indication of volunteer leadership
Frequently Asked Questions about Boydstun Family Foundation Inc
Is Boydstun Family Foundation Inc a legitimate charity?
Boydstun Family Foundation Inc (EIN: 203245605) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $421K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Boydstun Family Foundation Inc spend its money?
Boydstun Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Boydstun Family Foundation Inc tax-deductible?
Boydstun Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203245605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Boydstun Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Boydstun Family Foundation Inc 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 Boydstun Family Foundation Inc located?
Boydstun Family Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 203245605. It is classified under NTEE code T20.
How many years of IRS 990 filings does Boydstun Family Foundation Inc have?
Boydstun Family Foundation Inc 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 $421K in total revenue.
Is Boydstun Family Foundation Inc. financially stable?
Yes, the foundation appears financially stable. Despite fluctuating revenues, its assets have consistently grown from $217,944 in 2011 to $729,152 in 2023, and liabilities have remained at a minimal $1 across all reported periods.
How does the foundation manage executive compensation?
The foundation reports 0% officer compensation in all available filings, meaning no salaries are paid to its executives, which is a strong indicator of volunteer leadership and efficient use of funds.
What is the trend in the foundation's revenue?
Revenue has been highly variable, ranging from a low of $35,782 in 2019 to a high of $268,424 in 2021, and $76,760 in the latest 2023 period. This fluctuation suggests reliance on varied funding sources or irregular large contributions.
Did the foundation operate at a deficit in its latest fiscal period?
Yes, in the 2023 fiscal period, the foundation's expenses ($163,603) significantly exceeded its revenue ($76,760), resulting in a net deficit for that year.
Filing History
IRS 990 filing history for Boydstun Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Boydstun Family Foundation Inc's revenue has declined by 52.8%, moving from $163K to $77K. Total assets increased by 234.6% over the same period, from $218K to $729K. Total functional expenses fell by 4.4%, from $171K to $164K. In its most recent filing year (2023), Boydstun Family Foundation Inc reported a deficit of $87K, with expenses exceeding revenue. The organization holds $1 in liabilities against $729K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $729K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $77K | $164K | $729K | $1 | — | View 990 |
| 2022 | $42K | $23K | $816K | $1 | — | View 990 |
| 2021 | $268K | $113K | $797K | $1 | — | — |
| 2020 | $242K | $120K | $642K | $1 | — | — |
| 2019 | $36K | $116K | $520K | $1 | — | View 990 |
| 2015 | $165K | $157K | $545K | $1 | — | View 990 |
| 2014 | $313K | $121K | $537K | $1 | — | View 990 |
| 2013 | $209K | $149K | $345K | $1 | — | View 990 |
| 2012 | $180K | $113K | $285K | $1 | — | View 990 |
| 2011 | $163K | $171K | $218K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $77K, expenses of $164K, and assets of $729K (revenue +83.7% year-over-year).
- 2022: Revenue of $42K, expenses of $23K, and assets of $816K (revenue -84.4% year-over-year).
- 2021: Revenue of $268K, expenses of $113K, and assets of $797K (revenue +11.1% year-over-year).
- 2020: Revenue of $242K, expenses of $120K, and assets of $642K (revenue +575.0% year-over-year).
- 2019: Revenue of $36K, expenses of $116K, and assets of $520K (revenue -78.3% year-over-year).
- 2015: Revenue of $165K, expenses of $157K, and assets of $545K (revenue -47.4% year-over-year).
- 2014: Revenue of $313K, expenses of $121K, and assets of $537K (revenue +49.6% year-over-year).
- 2013: Revenue of $209K, expenses of $149K, and assets of $345K (revenue +16.2% year-over-year).
- 2012: Revenue of $180K, expenses of $113K, and assets of $285K (revenue +10.7% year-over-year).
- 2011: Revenue of $163K, expenses of $171K, and assets of $218K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boydstun Family Foundation Inc:
Data Sources and Methodology
This transparency report for Boydstun Family Foundation Inc 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.