Bryan J And Patricia A Smith Familyfoundation Inc

Bryan J And Patricia A Smith Familyfoundation Inc maintains stable assets and zero executive compensation with fluctuating revenue.

EIN: 205312260 · Horace, ND · NTEE: B82 · Updated: 2026-03-28

$57KRevenue

$235KAssets

95/100Mission Score (Excellent)

B82

About Bryan J And Patricia A Smith Familyfoundation Inc

Bryan J And Patricia A Smith Familyfoundation Inc (EIN: 205312260) is a nonprofit organization based in Horace, ND, classified under NTEE code B82. The organization reported total revenue of $57K and total assets of $235K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bryan J And Patricia A Smith Familyfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Bryan J And Patricia A Smith Familyfoundation Inc demonstrates consistent financial stability with a healthy asset base relative to its revenue. For instance, in 2023, with revenue of $21,778, its assets stood at $233,061. The organization consistently reports minimal liabilities, typically $1, indicating strong financial management and a lack of significant debt. Its spending patterns show a clear focus on program activities, as evidenced by the absence of reported officer compensation and generally low expenses compared to revenue in most years, suggesting that the majority of funds are directed towards its mission. The foundation's revenue has fluctuated over the years, from a low of $10,324 in 2020 to a high of $55,335 in 2014, but it has maintained a stable asset base throughout these variations.

The foundation's operational efficiency is notable, particularly given its consistent zero officer compensation, which means all leadership is voluntary. This significantly reduces administrative overhead. While specific program spending details aren't fully itemized in the provided summary, the low overall expense figures relative to revenue, such as $10,000 in expenses against $21,778 revenue in 2023, imply a high percentage of funds are either retained for future programs or directly disbursed as grants. The consistent filing of IRS Form 990s over ten periods indicates a commitment to transparency and regulatory compliance.

Overall, the Bryan J And Patricia A Smith Familyfoundation Inc appears to be a well-managed and financially prudent organization. Its strong asset-to-revenue ratio, minimal liabilities, and lack of paid executive compensation point to a highly efficient and program-focused operational model. The consistent financial reporting further enhances its transparency profile.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bryan J And Patricia A Smith Familyfoundation Inc 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: 0%
programs: 100%
fundraising: 0%

According to IRS 990 filings, Bryan J And Patricia A Smith Familyfoundation Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that all leadership roles are voluntary. This significantly reduces administrative costs and ensures more funds are available for the foundation's mission.

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 Bryan J And Patricia A Smith Familyfoundation Inc:

Consistently 0% officer compensation, indicating voluntary leadership and high efficiency.
Minimal liabilities ($1 across all filings), demonstrating strong financial health and low debt.
Stable and substantial asset base relative to revenue, providing financial resilience.
Consistent IRS 990 filing history (10 filings), indicating strong transparency and compliance.
High program focus due to extremely low administrative overhead.

Frequently Asked Questions about Bryan J And Patricia A Smith Familyfoundation Inc

Is Bryan J And Patricia A Smith Familyfoundation Inc a good charity?

Based on the provided data, the foundation appears to be a very good charity. It consistently reports zero executive compensation, maintains low liabilities ($1), and has a healthy asset base ($233,061 in 2023) relative to its revenue, suggesting strong financial stewardship and a high dedication of resources to its mission.

How does the foundation manage its expenses?

The foundation manages its expenses very efficiently. In many years, expenses are significantly lower than revenue (e.g., $10,000 expenses vs. $21,778 revenue in 2023), and there is no reported officer compensation, indicating a lean operational model focused on maximizing program impact.

What is the trend in the foundation's assets?

The foundation's assets have remained relatively stable over the years, fluctuating between $127,491 (2021) and $272,848 (2015), with the latest reported assets at $235,291. This indicates a consistent ability to build and maintain its financial reserves.

Filing History

IRS 990 filing history for Bryan J And Patricia A Smith Familyfoundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Bryan J And Patricia A Smith Familyfoundation Inc's revenue has grown by 71%, moving from $13K to $22K. Total assets increased by 6.8% over the same period, from $218K to $233K. Total functional expenses fell by 14.7%, from $12K to $10K. In its most recent filing year (2023), Bryan J And Patricia A Smith Familyfoundation Inc reported a surplus of $12K, with revenue exceeding expenses. The organization holds $1 in liabilities against $233K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $233K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$22K	$10K	$233K	$1	—	—
2022	$11K	$0	$140K	$1	—	—
2021	$27K	$10K	$127K	$1	—	—
2020	$10K	$10K	$204K	$1	—	—
2019	$22K	$15K	$209K	$1	—	View 990
2015	$35K	$16K	$273K	$1	—	View 990
2014	$55K	$35K	$244K	$1	—	View 990
2013	$20K	$33K	$227K	$1	—	View 990
2012	$27K	$26K	$255K	$1	—	View 990
2011	$13K	$12K	$218K	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $22K, expenses of $10K, and assets of $233K (revenue +92.0% year-over-year).
2022: Revenue of $11K, expenses of $0, and assets of $140K (revenue -58.7% year-over-year).
2021: Revenue of $27K, expenses of $10K, and assets of $127K (revenue +166.0% year-over-year).
2020: Revenue of $10K, expenses of $10K, and assets of $204K (revenue -52.9% year-over-year).
2019: Revenue of $22K, expenses of $15K, and assets of $209K (revenue -37.0% year-over-year).
2015: Revenue of $35K, expenses of $16K, and assets of $273K (revenue -37.1% year-over-year).
2014: Revenue of $55K, expenses of $35K, and assets of $244K (revenue +175.2% year-over-year).
2013: Revenue of $20K, expenses of $33K, and assets of $227K (revenue -25.8% year-over-year).
2012: Revenue of $27K, expenses of $26K, and assets of $255K (revenue +112.7% year-over-year).
2011: Revenue of $13K, expenses of $12K, and assets of $218K.

Data Sources and Methodology

This transparency report for Bryan J And Patricia A Smith Familyfoundation 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.