Chapman Foundation
Chapman Foundation consistently grows assets with minimal liabilities and no reported officer compensation.
EIN: 201431411 · Greenville, SC · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $777K |
| Total Expenses | $168K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.6 |
| Net Assets | $1.7M |
| Transparency Score | 92/100 |
Is Chapman Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chapman Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chapman Foundation
Chapman Foundation (EIN: 201431411) is a nonprofit organization based in Greenville, SC, classified under NTEE code B82. The organization reported total revenue of $777K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chapman Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chapman Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $561K |
| Total Expenses | $168K |
| Surplus / Deficit | +$393K |
| Total Assets | $1.7M |
| Total Liabilities | $4K |
| Net Assets | $1.7M |
| Operating Margin | 70.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 120.5 months |
Financial Health Grade: A
In 2023, Chapman Foundation reported a surplus of $393K with revenue exceeding expenses, holds 120.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Chapman Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +64.7% | +7.1% | +31.9% |
| 2022 | -35.9% | -75.3% | +13.7% |
| 2021 | +71.2% | +360.4% | -9.4% |
| 2020 | +140.3% | -17.2% | +16.1% |
| 2019 | -60.0% | +59.2% | +93.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Foundation with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Chapman Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $393K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that officers are either volunteers or compensated through non-officer channels, which is highly favorable for a nonprofit of its size with assets exceeding $1.6 million.
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 Chapman Foundation:
- Consistent asset growth, reaching $1,689,556 in 2023.
- Extremely low liabilities across all filing periods, often $0 or $1.
- 0% reported officer compensation in all available filings.
- Significant revenue surpluses in recent years (e.g., $561,216 revenue vs. $168,194 expenses in 2023).
- Consistent IRS 990 filing history over a decade, indicating transparency.
Frequently Asked Questions about Chapman Foundation
Is Chapman Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Chapman Foundation (EIN: 201431411) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Chapman Foundation spend its money?
Chapman Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chapman Foundation tax-deductible?
Chapman Foundation is registered as a tax-exempt nonprofit (EIN: 201431411). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Chapman Foundation CEO make?
Chapman Foundation's highest-compensated officer earns $1.6 annually. The organization reported $777K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Chapman Foundation's spending goes to programs?
Chapman Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chapman Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Chapman Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chapman Foundation located?
Chapman Foundation is headquartered in Greenville, South Carolina and files with the IRS under EIN 201431411. It is classified under NTEE code B82.
How many years of IRS 990 filings does Chapman Foundation have?
Chapman 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 $777K in total revenue.
Is Chapman Foundation a good charity?
Based on the provided data, Chapman Foundation appears to be a financially sound and well-managed charity. It consistently generates surpluses, has growing assets, minimal liabilities, and reports no officer compensation, all of which are positive indicators.
How has Chapman Foundation's financial health changed over time?
Chapman Foundation has shown consistent financial growth. Its assets have increased from $363,957 in 2011 to $1,689,556 in 2023. Revenue has also generally trended upwards, with significant surpluses in recent years (e.g., $561,216 revenue vs. $168,194 expenses in 2023).
What is the organization's liability situation?
The organization's liability situation is exceptionally strong, with liabilities consistently reported as extremely low, often $0 or $1, across all filing periods. This indicates a very healthy balance sheet with minimal debt.
Filing History
IRS 990 filing history for Chapman Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Chapman Foundation's revenue has grown by 1960.3%, moving from $27K to $561K. Total assets increased by 364.2% over the same period, from $364K to $1.7M. Total functional expenses rose by 42.2%, from $118K to $168K. In its most recent filing year (2023), Chapman Foundation reported a surplus of $393K, with revenue exceeding expenses. The organization holds $4K in liabilities against $1.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $561K | $168K | $1.7M | $4K | — | — |
| 2022 | $341K | $157K | $1.3M | $139 | — | View 990 |
| 2021 | $532K | $637K | $1.1M | $2K | — | View 990 |
| 2020 | $311K | $138K | $1.2M | $1 | — | — |
| 2019 | $129K | $167K | $1.1M | $1 | — | View 990 |
| 2015 | $323K | $105K | $553K | $1 | — | View 990 |
| 2014 | $24K | $123K | $311K | $1 | — | View 990 |
| 2013 | $167K | $197K | $411K | $1 | — | View 990 |
| 2012 | $172K | $95K | $441K | $0 | — | View 990 |
| 2011 | $27K | $118K | $364K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $561K, expenses of $168K, and assets of $1.7M (revenue +64.7% year-over-year).
- 2022: Revenue of $341K, expenses of $157K, and assets of $1.3M (revenue -35.9% year-over-year).
- 2021: Revenue of $532K, expenses of $637K, and assets of $1.1M (revenue +71.2% year-over-year).
- 2020: Revenue of $311K, expenses of $138K, and assets of $1.2M (revenue +140.3% year-over-year).
- 2019: Revenue of $129K, expenses of $167K, and assets of $1.1M (revenue -60.0% year-over-year).
- 2015: Revenue of $323K, expenses of $105K, and assets of $553K (revenue +1265.2% year-over-year).
- 2014: Revenue of $24K, expenses of $123K, and assets of $311K (revenue -85.8% year-over-year).
- 2013: Revenue of $167K, expenses of $197K, and assets of $411K (revenue -2.8% year-over-year).
- 2012: Revenue of $172K, expenses of $95K, and assets of $441K (revenue +530.2% year-over-year).
- 2011: Revenue of $27K, expenses of $118K, and assets of $364K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chapman Foundation:
Data Sources and Methodology
This transparency report for Chapman 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.