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

$485KRevenue
$5.5MAssets
85/100Mission Score (Excellent)
T20

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Charles D Trover Family Foundation Financial Summary
MetricValue
Total Revenue$485K
Total Expenses$311K
Program Spending90%
Net Assets$5.6M
Transparency Score85/100

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Charles D Trover Family Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Charles D Trover Family Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Charles D Trover Family Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $132K and expenses of $311K.

Revenue and Expenses

Charles D Trover Family Foundation reported $132K in revenue and $311K in expenses, a deficit of $179K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 3 strengths are shown from structured and AI review.

Is Charles D Trover Family Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Charles D Trover Family Foundation Expense Deployment
Program services$280K (90%)

Across stored filings, Charles D Trover Family Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Charles D Trover Family Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade B10 stored filing years
Peer contextCompare with River Restoration Northwest IncOregon and Philanthropy context

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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.

Organization Overview

17Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Charles D Trover Family Foundation is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.4%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$132K
Total Expenses$311K
Surplus / Deficit$-178,855
Total Assets$5.6M
Total Liabilities$708
Net Assets$5.6M
Operating Margin-135.5%
Debt-to-Asset Ratio0.0%
Months of Reserves215.5 months

Financial Health Grade: B

In 2024, Charles D Trover Family Foundation reported a deficit of $179K with expenses exceeding revenue, holds 215.5 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 (2012–2024), Charles D Trover Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.

YearRevenue ChangeExpense ChangeAsset Change
2024-57.1%-11.7%-3.1%
2023+1.3%+1.5%-0.8%
2022+102.1%+10.5%-0.7%
2021-8.3%+1.8%-2.7%
2020-26.0%-15.9%+5.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2009

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Charles D Trover Family Foundation appears to be a private foundation primarily focused on grantmaking, as indicated by its NTEE code T20. Over the past several years, the foundation has consistently spent more than it has brought in through revenue, drawing down its assets. For instance, in the 202406 period, revenue was $132,025 while expenses were $310,880, leading to a decrease in assets from $5,762,562 to $5,583,589. This trend of expenses exceeding revenue is consistent across most of the provided filing periods, suggesting a strategy of distributing funds from its endowment rather than growing it significantly through new contributions. The foundation demonstrates strong financial transparency by consistently filing its IRS Form 990s. A notable positive aspect is the consistent reporting of 0% officer compensation across all available filings, indicating that the foundation's leadership is not drawing salaries from the organization. This practice generally aligns with good governance for smaller, family-oriented foundations. While specific program spending ratios aren't detailed in the provided summary, the overall financial health is stable given its substantial asset base of $5,492,783, which can sustain its grantmaking activities despite the operational deficits.

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.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$132KTotal Revenue
$311KTotal Expenses
$5.6MTotal Assets
$708Total Liabilities
$5.6MNet Assets
  • The organization reported a deficit of $179K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

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?

Charles D Trover Family Foundation (EIN: 208020190) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $485K. 1 red flag identified. 3 strengths noted. Financial health grade: B.

How does Charles D Trover Family Foundation spend its money?

Charles D Trover Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

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.

How does Charles D Trover Family Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Charles D Trover 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 Charles D Trover Family Foundation located?

Charles D Trover Family Foundation is headquartered in Sherwood, Oregon and files with the IRS under EIN 208020190. It is classified under NTEE code T20.

How many years of IRS 990 filings does Charles D Trover Family Foundation have?

Charles D Trover 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 $485K in total revenue.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Charles D Trover Family Foundation:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

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.

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