Cator Family Endownment Fund
Cator Family Endowment Fund maintains strong assets and reports zero officer compensation over a decade.
EIN: 113822699 · Pennington, NJ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $269K |
| Program Spending | 90% |
| Net Assets | $4.5M |
| Transparency Score | 90/100 |
Is Cator Family Endownment Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cator Family Endownment Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cator Family Endownment Fund
Cator Family Endownment Fund (EIN: 113822699) is a nonprofit organization based in Pennington, NJ, classified under NTEE code T22. The organization reported total revenue of $5.3M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cator Family Endownment Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cator Family Endownment Fund is a mid-size 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 -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $212K |
| Total Expenses | $269K |
| Surplus / Deficit | $-56,907 |
| Total Assets | $4.5M |
| Total Liabilities | $1 |
| Net Assets | $4.5M |
| Operating Margin | -26.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 201.8 months |
Financial Health Grade: B
In 2023, Cator Family Endownment Fund reported a deficit of $57K with expenses exceeding revenue, holds 201.8 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), Cator Family Endownment Fund's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.6% | -9.2% | -1.6% |
| 2022 | -38.3% | +17.7% | +2.2% |
| 2021 | +49.7% | -5.3% | +7.8% |
| 2020 | +25.2% | +7.8% | +3.0% |
| 2019 | +26.1% | +6.3% | +5.2% |
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 Cator Family Endownment Fund 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, Cator Family Endownment Fund 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 $57K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly efficient for a fund of its size.
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 Cator Family Endownment Fund:
- Consistent zero officer compensation, indicating high efficiency in executive overhead.
- Strong and growing asset base, from $3.6M in 2011 to over $5M currently.
- Low liabilities across all reporting periods, demonstrating financial stability.
- Consistent IRS 990 filing history, indicating good transparency.
- Significant latest revenue of $5,283,494, suggesting robust financial activity or investment performance.
Frequently Asked Questions about Cator Family Endownment Fund
Is Cator Family Endownment Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Cator Family Endownment Fund (EIN: 113822699) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Cator Family Endownment Fund spend its money?
Cator Family Endownment Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cator Family Endownment Fund tax-deductible?
Cator Family Endownment Fund is registered as a tax-exempt nonprofit (EIN: 113822699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Cator Family Endownment Fund compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Cator Family Endownment Fund 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 Cator Family Endownment Fund located?
Cator Family Endownment Fund is headquartered in Pennington, New Jersey and files with the IRS under EIN 113822699. It is classified under NTEE code T22.
How many years of IRS 990 filings does Cator Family Endownment Fund have?
Cator Family Endownment Fund 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 $5.3M in total revenue.
Is Cator Family Endowment Fund a good charity?
Based on the provided data, the Cator Family Endowment Fund appears to be a financially sound and efficiently managed private foundation. Its consistent zero officer compensation and strong asset base are positive indicators.
What is the primary activity of the Cator Family Endowment Fund?
Given its NTEE code T22 (Private Grantmaking Foundations), its primary activity is likely making grants to other organizations or individuals, rather than directly operating programs.
How has the fund's financial health changed over time?
The fund has consistently maintained and grown its assets, from $3,661,217 in 2011 to $5,012,682 currently, demonstrating long-term financial stability and growth. Revenue has fluctuated but shows a significant increase in the latest period.
Filing History
IRS 990 filing history for Cator Family Endownment Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cator Family Endownment Fund's revenue has declined by 16.2%, moving from $253K to $212K. Total assets increased by 23.4% over the same period, from $3.7M to $4.5M. Total functional expenses rose by 94.9%, from $138K to $269K. In its most recent filing year (2023), Cator Family Endownment Fund reported a deficit of $57K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $212K | $269K | $4.5M | $1 | — | View 990 |
| 2022 | $356K | $296K | $4.6M | $1 | — | View 990 |
| 2021 | $578K | $251K | $4.5M | $1 | — | — |
| 2020 | $386K | $265K | $4.2M | $1 | — | — |
| 2019 | $308K | $246K | $4.0M | $1 | — | View 990 |
| 2015 | $244K | $232K | $3.8M | $0 | — | View 990 |
| 2014 | $333K | $223K | $3.8M | $0 | — | View 990 |
| 2013 | $337K | $215K | $3.7M | $0 | — | View 990 |
| 2012 | $188K | $217K | $3.6M | $0 | — | View 990 |
| 2011 | $253K | $138K | $3.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $212K, expenses of $269K, and assets of $4.5M (revenue -40.6% year-over-year).
- 2022: Revenue of $356K, expenses of $296K, and assets of $4.6M (revenue -38.3% year-over-year).
- 2021: Revenue of $578K, expenses of $251K, and assets of $4.5M (revenue +49.7% year-over-year).
- 2020: Revenue of $386K, expenses of $265K, and assets of $4.2M (revenue +25.2% year-over-year).
- 2019: Revenue of $308K, expenses of $246K, and assets of $4.0M (revenue +26.1% year-over-year).
- 2015: Revenue of $244K, expenses of $232K, and assets of $3.8M (revenue -26.6% year-over-year).
- 2014: Revenue of $333K, expenses of $223K, and assets of $3.8M (revenue -1.2% year-over-year).
- 2013: Revenue of $337K, expenses of $215K, and assets of $3.7M (revenue +79.3% year-over-year).
- 2012: Revenue of $188K, expenses of $217K, and assets of $3.6M (revenue -25.6% year-over-year).
- 2011: Revenue of $253K, expenses of $138K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cator Family Endownment Fund:
Data Sources and Methodology
This transparency report for Cator Family Endownment Fund 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.