Chapman Family Foundation
Chapman Family Foundation maintains stable assets despite volatile revenue and zero officer compensation.
EIN: 205229075 · Little Falls, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $145K |
| Total Expenses | $238K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2,752,818 |
| Net Assets | $2.5M |
| Transparency Score | 85/100 |
Is Chapman Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chapman Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chapman Family Foundation
Chapman Family Foundation (EIN: 205229075) is a nonprofit organization based in Little Falls, NJ, classified under NTEE code T20. The organization reported total revenue of $145K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chapman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chapman Family Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 58.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $400K |
| Total Expenses | $238K |
| Surplus / Deficit | +$161K |
| Total Assets | $2.5M |
| Total Liabilities | $423 |
| Net Assets | $2.5M |
| Operating Margin | 40.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 126.6 months |
Financial Health Grade: A
In 2023, Chapman Family Foundation reported a surplus of $161K with revenue exceeding expenses, holds 126.6 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), Chapman Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 58.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -154.1% | +29.3% | -15.5% |
| 2021 | +120.9% | -28.0% | +16.7% |
| 2020 | -40.6% | -4.8% | +3.9% |
| 2019 | +149925.3% | -18.2% | -18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Chapman Family Foundation 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, Chapman 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 $161K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation. This is highly unusual for an organization of its asset size ($2,752,818 latest assets) and suggests a volunteer-led or externally managed structure, which significantly reduces administrative overhead.
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 Chapman Family Foundation's IRS 990 filings:
- Highly volatile annual revenue, including significant negative figures, which could indicate unpredictable funding or investment performance.
- Lack of detailed expense breakdown (program vs. admin) in the provided summary makes it difficult to fully assess spending efficiency beyond officer compensation.
Strengths
The following positive indicators were identified for Chapman Family Foundation:
- Consistent zero officer compensation, indicating high efficiency in administrative costs related to leadership.
- Stable asset base, consistently above $2 million, suggesting long-term financial resilience.
- Low liabilities across all reported periods, indicating sound financial management and minimal debt.
- Consistent filing of IRS Form 990s over a decade, demonstrating good regulatory compliance and transparency.
Frequently Asked Questions about Chapman Family Foundation
Is Chapman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Chapman Family Foundation (EIN: 205229075) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Chapman Family Foundation spend its money?
Chapman Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chapman Family Foundation tax-deductible?
Chapman Family Foundation is registered as a tax-exempt nonprofit (EIN: 205229075). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Chapman Family Foundation CEO make?
Chapman Family Foundation's highest-compensated officer earns $2,752,818 annually. The organization reported $145K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Chapman Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Chapman 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 Chapman Family Foundation located?
Chapman Family Foundation is headquartered in Little Falls, New Jersey and files with the IRS under EIN 205229075. It is classified under NTEE code T20.
How many years of IRS 990 filings does Chapman Family Foundation have?
Chapman 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 $145K in total revenue.
What caused the significant negative revenue reported in 2022 ($-269,360) and 2014 ($-77,292)?
Negative revenue figures on Form 990 can arise from investment losses, returns of grants, or other adjustments. Further examination of the detailed financial statements would be needed to understand the specific causes.
How does the Chapman Family Foundation manage its operations without paying officer compensation?
The foundation likely operates with a volunteer board and/or utilizes external, unpaid administrative support, or its operational costs are covered by other entities or individuals, allowing all reported expenses to be non-compensation related.
What is the primary focus of the grants made by the Chapman Family Foundation?
As a private grantmaking foundation (NTEE T20), its primary focus is distributing funds to other organizations. The specific areas of grantmaking would require reviewing the foundation's grant lists or program descriptions, which are not available in this summary data.
Filing History
IRS 990 filing history for Chapman Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Chapman Family Foundation's revenue has grown by 25191.1%, moving from $2K to $400K. Total assets decreased by 9% over the same period, from $2.8M to $2.5M. Total functional expenses rose by 159.2%, from $92K to $238K. In its most recent filing year (2023), Chapman Family Foundation reported a surplus of $161K, with revenue exceeding expenses. The organization holds $423 in liabilities against $2.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $400K | $238K | $2.5M | $423 | — | — |
| 2022 | $-269,360 | $126K | $2.4M | $12K | — | View 990 |
| 2021 | $498K | $97K | $2.8M | $8K | — | View 990 |
| 2020 | $225K | $135K | $2.4M | $8K | — | View 990 |
| 2019 | $380K | $142K | $2.3M | $8K | — | — |
| 2015 | $253 | $173K | $2.8M | $8K | — | View 990 |
| 2014 | $-77,292 | $140K | $2.9M | $8K | — | View 990 |
| 2013 | $30K | $105K | $3.3M | $1K | — | View 990 |
| 2012 | $-6,600 | $98K | $2.9M | $1K | — | View 990 |
| 2011 | $2K | $92K | $2.8M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $400K, expenses of $238K, and assets of $2.5M.
- 2022: Revenue of $-269,360, expenses of $126K, and assets of $2.4M (revenue -154.1% year-over-year).
- 2021: Revenue of $498K, expenses of $97K, and assets of $2.8M (revenue +120.9% year-over-year).
- 2020: Revenue of $225K, expenses of $135K, and assets of $2.4M (revenue -40.6% year-over-year).
- 2019: Revenue of $380K, expenses of $142K, and assets of $2.3M (revenue +149925.3% year-over-year).
- 2015: Revenue of $253, expenses of $173K, and assets of $2.8M.
- 2014: Revenue of $-77,292, expenses of $140K, and assets of $2.9M (revenue -355.5% year-over-year).
- 2013: Revenue of $30K, expenses of $105K, and assets of $3.3M.
- 2012: Revenue of $-6,600, expenses of $98K, and assets of $2.9M (revenue -517.7% year-over-year).
- 2011: Revenue of $2K, expenses of $92K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chapman Family Foundation:
Data Sources and Methodology
This transparency report for Chapman 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.