Charles F De Ganahl Family Foundation
Charles F De Ganahl Family Foundation consistently spends more than it earns, drawing down assets over time.
EIN: 206099876 · Boston, MA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $993K |
| Program Spending | 95% |
| Net Assets | $5.7M |
| Transparency Score | 85/100 |
Is Charles F De Ganahl 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 F De Ganahl Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charles F De Ganahl Family Foundation
Charles F De Ganahl Family Foundation (EIN: 206099876) is a nonprofit organization based in Boston, MA, classified under NTEE code T22. The organization reported total revenue of $2.6M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles F De Ganahl Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles F De Ganahl Family Foundation is a mid-size 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 -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $470K |
| Total Expenses | $993K |
| Surplus / Deficit | $-523,092 |
| Total Assets | $5.7M |
| Total Liabilities | $1 |
| Net Assets | $5.7M |
| Operating Margin | -111.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 68.7 months |
Financial Health Grade: B
In 2023, Charles F De Ganahl Family Foundation reported a deficit of $523K with expenses exceeding revenue, holds 68.7 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), Charles F De Ganahl Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -61.4% | +103.3% | -8.4% |
| 2022 | +217.3% | +33.2% | +13.3% |
| 2021 | -28.1% | -62.1% | +0.3% |
| 2020 | +372.0% | +2.0% | -7.4% |
| 2019 | -78.7% | +75.7% | -25.3% |
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 Charles F De Ganahl 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Charles F De Ganahl Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $523K, 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 no salaries are paid to officers, which is highly efficient 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 F De Ganahl Family Foundation's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in multiple years, such as 2023 ($993,418 expenses vs. $470,326 revenue) and 2020 ($968,686 expenses vs. $533,212 revenue).
- Significant decline in total assets over the past decade, from $9,012,143 in 2011 to $5,687,455 in 2023, indicating a draw on principal.
Strengths
The following positive indicators were identified for Charles F De Ganahl Family Foundation:
- Zero executive compensation reported across all filings, demonstrating high efficiency and dedication of resources to mission.
- Consistent focus on grantmaking activities as a private foundation (NTEE T22), indicating strong program alignment.
- Minimal liabilities reported ($0 or $1 across all periods), suggesting sound financial management regarding debt.
Frequently Asked Questions about Charles F De Ganahl Family Foundation
Is Charles F De Ganahl Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Charles F De Ganahl Family Foundation (EIN: 206099876) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Charles F De Ganahl Family Foundation spend its money?
Charles F De Ganahl Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Charles F De Ganahl Family Foundation tax-deductible?
Charles F De Ganahl Family Foundation is registered as a tax-exempt nonprofit (EIN: 206099876). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Charles F De Ganahl Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Charles F De Ganahl Family Foundation 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 Charles F De Ganahl Family Foundation located?
Charles F De Ganahl Family Foundation is headquartered in Boston, Massachusetts and files with the IRS under EIN 206099876. It is classified under NTEE code T22.
How many years of IRS 990 filings does Charles F De Ganahl Family Foundation have?
Charles F De Ganahl 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 $2.6M in total revenue.
Is the Charles F De Ganahl Family Foundation financially sustainable in the long term?
The foundation's expenses have frequently exceeded its revenue, leading to a decline in assets from over $9 million in 2011 to $5.6 million in 2023. This trend suggests a potential long-term sustainability challenge if not addressed.
How does the foundation manage its administrative costs?
With no reported officer compensation and a focus on grantmaking, the foundation appears to maintain very low administrative overhead, directing nearly all resources to its programmatic mission.
What is the primary source of the foundation's revenue?
As a private grantmaking foundation, its revenue likely comes from investment returns on its endowment, though specific details on investment income versus other revenue sources are not provided in the summary data.
Filing History
IRS 990 filing history for Charles F De Ganahl Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Charles F De Ganahl Family Foundation's revenue has declined by 20.9%, moving from $595K to $470K. Total assets decreased by 36.9% over the same period, from $9.0M to $5.7M. Total functional expenses rose by 87.2%, from $531K to $993K. In its most recent filing year (2023), Charles F De Ganahl Family Foundation reported a deficit of $523K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $470K | $993K | $5.7M | $1 | — | — |
| 2022 | $1.2M | $489K | $6.2M | $1 | — | View 990 |
| 2021 | $384K | $367K | $5.5M | $1 | — | — |
| 2020 | $533K | $969K | $5.5M | $1 | — | — |
| 2019 | $113K | $950K | $5.9M | $1 | — | View 990 |
| 2015 | $530K | $541K | $7.9M | $0 | — | View 990 |
| 2014 | $311K | $739K | $7.9M | $0 | — | View 990 |
| 2013 | $311K | $584K | $8.3M | $0 | — | View 990 |
| 2012 | $46K | $447K | $8.6M | $0 | — | View 990 |
| 2011 | $595K | $531K | $9.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $470K, expenses of $993K, and assets of $5.7M (revenue -61.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $489K, and assets of $6.2M (revenue +217.3% year-over-year).
- 2021: Revenue of $384K, expenses of $367K, and assets of $5.5M (revenue -28.1% year-over-year).
- 2020: Revenue of $533K, expenses of $969K, and assets of $5.5M (revenue +372.0% year-over-year).
- 2019: Revenue of $113K, expenses of $950K, and assets of $5.9M (revenue -78.7% year-over-year).
- 2015: Revenue of $530K, expenses of $541K, and assets of $7.9M (revenue +70.2% year-over-year).
- 2014: Revenue of $311K, expenses of $739K, and assets of $7.9M (revenue +-0.0% year-over-year).
- 2013: Revenue of $311K, expenses of $584K, and assets of $8.3M (revenue +582.2% year-over-year).
- 2012: Revenue of $46K, expenses of $447K, and assets of $8.6M (revenue -92.3% year-over-year).
- 2011: Revenue of $595K, expenses of $531K, and assets of $9.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles F De Ganahl Family Foundation:
Data Sources and Methodology
This transparency report for Charles F De Ganahl 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.