Charles D Trover Family Foundation
Charles D Trover Family Foundation consistently spends more than its annual revenue, drawing down its substantial asset base.
EIN: 208020190 · Sherwood, OR · NTEE: T20 · Updated: 2026-03-28
Is Charles D Trover Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Charles D Trover Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charles D Trover Family Foundation
Charles D Trover Family Foundation (EIN: 208020190) is a nonprofit organization based in Sherwood, OR, classified under NTEE code T20. The organization reported total revenue of $485K and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles D Trover Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Charles D Trover 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, Charles D Trover 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers and directors are not compensated, which is a positive sign for a foundation of this 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.
Red Flags
The following concerns were identified during AI analysis of Charles D Trover Family Foundation's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) across most filing periods.
Strengths
The following positive indicators were identified for Charles D Trover Family Foundation:
- Substantial asset base of $5,492,783 provides financial stability.
- 0% officer compensation reported across all filings, indicating volunteer leadership.
- Consistent filing of IRS Form 990s demonstrates transparency.
Frequently Asked Questions about Charles D Trover Family Foundation
Is Charles D Trover Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles D Trover Family Foundation (EIN: 208020190) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Charles D Trover Family Foundation spend its money?
Charles D Trover Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Charles D Trover Family Foundation tax-deductible?
Charles D Trover Family Foundation is registered as a tax-exempt nonprofit (EIN: 208020190). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Charles D Trover Family Foundation financially sustainable long-term given its spending patterns?
The foundation has consistently spent more than its revenue, leading to a gradual decrease in assets from a high of $6,014,799 in 202006 to $5,583,589 in 202406. While its current asset base of $5,492,783 is substantial, this spending pattern suggests a strategy of distributing its endowment rather than growing it. Long-term sustainability depends on the intended lifespan of the foundation and its investment returns.
What is the primary source of the foundation's revenue?
The provided data only shows 'Revenue' without breakdown. For a private foundation, revenue typically comes from investment income (interest, dividends, capital gains) and potentially contributions, though the consistent operational deficits suggest investment income alone is often insufficient to cover expenses.
How does the foundation's asset base compare to its annual expenses?
With assets of $5,492,783 and recent annual expenses ranging from $310,880 (202406) to $366,959 (201606), the foundation holds assets equivalent to approximately 15-17 years of its current spending, indicating a strong financial cushion.
Filing History
IRS 990 filing history for Charles D Trover Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Charles D Trover Family Foundation's revenue has grown by 67.5%, moving from $79K to $132K. Total assets increased by 8.8% over the same period, from $5.1M to $5.6M. Total functional expenses rose by 8.2%, from $287K to $311K. In its most recent filing year (2024), Charles D Trover Family Foundation reported a deficit of $179K, with expenses exceeding revenue. The organization holds $708 in liabilities against $5.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $132K | $311K | $5.6M | $708 | — | — |
| 2023 | $308K | $352K | $5.8M | $826 | — | View 990 |
| 2022 | $304K | $347K | $5.8M | $781 | — | View 990 |
| 2021 | $150K | $314K | $5.9M | $735 | — | View 990 |
| 2020 | $164K | $309K | $6.0M | $751 | — | — |
| 2016 | $221K | $367K | $5.7M | $1K | — | View 990 |
| 2015 | $638K | $364K | $5.8M | $718 | — | View 990 |
| 2014 | $643K | $339K | $5.6M | $3K | — | View 990 |
| 2013 | $465K | $331K | $5.3M | $2K | — | View 990 |
| 2012 | $79K | $287K | $5.1M | $558 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $132K, expenses of $311K, and assets of $5.6M (revenue -57.1% year-over-year).
- 2023: Revenue of $308K, expenses of $352K, and assets of $5.8M (revenue +1.3% year-over-year).
- 2022: Revenue of $304K, expenses of $347K, and assets of $5.8M (revenue +102.1% year-over-year).
- 2021: Revenue of $150K, expenses of $314K, and assets of $5.9M (revenue -8.3% year-over-year).
- 2020: Revenue of $164K, expenses of $309K, and assets of $6.0M (revenue -26.0% year-over-year).
- 2016: Revenue of $221K, expenses of $367K, and assets of $5.7M (revenue -65.3% year-over-year).
- 2015: Revenue of $638K, expenses of $364K, and assets of $5.8M (revenue -0.8% year-over-year).
- 2014: Revenue of $643K, expenses of $339K, and assets of $5.6M (revenue +38.3% year-over-year).
- 2013: Revenue of $465K, expenses of $331K, and assets of $5.3M (revenue +489.9% year-over-year).
- 2012: Revenue of $79K, expenses of $287K, and assets of $5.1M.
Data Sources and Methodology
This transparency report for Charles D Trover 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.