Chatlos Foundation Inc

Chatlos Foundation consistently distributes funds from its endowment, with no reported officer compensation.

EIN: 136161425 · Longwood, FL · Updated: 2026-03-28

$39.1MRevenue

$51.2MAssets

85/100Mission Score (Excellent)

About Chatlos Foundation Inc

Chatlos Foundation Inc (EIN: 136161425) is a nonprofit organization based in Longwood, FL. The organization reported total revenue of $39.1M and total assets of $51.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chatlos Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Chatlos Foundation Inc. demonstrates a consistent commitment to its program services, as evidenced by its spending patterns. In the 202312 period, the organization reported total expenses of $3,799,780. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation across all reported periods suggests a lean operational structure at the executive level, which can contribute to greater efficiency. The foundation's assets have fluctuated, from a high of $66,621,684 in 201212 to $51,699,741 in 202312, indicating a strategy of distributing funds rather than accumulating them indefinitely. The negative revenue in some years (e.g., $-242,536 in 202212 and $-2,669,630 in 201112) is typical for foundations that primarily distribute grants and may experience investment losses or significant asset revaluations in certain fiscal years, rather than generating earned income. This pattern suggests a focus on grantmaking activities funded by its endowment.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chatlos Foundation Inc 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: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, Chatlos Foundation Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Chatlos Foundation Inc. reports 0% officer compensation across all ten available filing periods, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is a strong positive for resource allocation.

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 Chatlos Foundation Inc's IRS 990 filings:

Significant fluctuations in annual revenue, including negative figures, which could indicate reliance on volatile investment returns.

Strengths

The following positive indicators were identified for Chatlos Foundation Inc:

Zero reported officer compensation across all filings, indicating efficient use of funds at the executive level.
Consistent distribution of funds, as evidenced by expenses generally exceeding or being close to revenue in many periods, and a declining asset base over time.
Substantial asset base ($51,699,741 in 202312) provides a strong foundation for ongoing grantmaking.

Frequently Asked Questions about Chatlos Foundation Inc

Is Chatlos Foundation Inc. financially stable?

Yes, with assets of $51,699,741 in 202312 and a history of managing significant endowments, the foundation appears financially stable despite fluctuations in annual revenue and assets.

How does the foundation fund its operations given negative revenue in some years?

As a foundation, it primarily funds operations and grantmaking through its substantial asset base and investment returns. Negative revenue years likely reflect investment losses or asset revaluations rather than a lack of operational funds.

What is the trend in the foundation's asset base?

The foundation's assets have generally decreased over the past decade, from $66,621,684 in 201212 to $51,699,741 in 202312, suggesting consistent distribution of funds rather than significant asset growth.

Filing History

IRS 990 filing history for Chatlos Foundation Inc showing financial trends over 10 years of public records:

Total assets decreased by 22% over the same period, from $66.3M to $51.7M. Total functional expenses fell by 10.1%, from $4.2M to $3.8M. In its most recent filing year (2023), Chatlos Foundation Inc reported a deficit of $696K, with expenses exceeding revenue. The organization holds $198K in liabilities against $51.7M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $51.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.1M	$3.8M	$51.7M	$198K	—	View 990
2022	$-242,536	$3.5M	$52.4M	$166K	—	View 990
2021	$7.0M	$3.2M	$56.1M	$235K	—	—
2020	$3.0M	$3.0M	$52.3M	$179K	—	—
2019	$1.5M	$3.3M	$52.3M	$139K	—	View 990
2015	$2.8M	$4.2M	$60.3M	$119K	—	View 990
2014	$381K	$4.1M	$61.7M	$122K	—	View 990
2013	$2.8M	$3.9M	$65.5M	$121K	—	View 990
2012	$4.3M	$3.9M	$66.6M	$131K	—	View 990
2011	$-2,669,630	$4.2M	$66.3M	$123K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.1M, expenses of $3.8M, and assets of $51.7M.
2022: Revenue of $-242,536, expenses of $3.5M, and assets of $52.4M (revenue -103.5% year-over-year).
2021: Revenue of $7.0M, expenses of $3.2M, and assets of $56.1M (revenue +132.8% year-over-year).
2020: Revenue of $3.0M, expenses of $3.0M, and assets of $52.3M (revenue +96.4% year-over-year).
2019: Revenue of $1.5M, expenses of $3.3M, and assets of $52.3M (revenue -45.7% year-over-year).
2015: Revenue of $2.8M, expenses of $4.2M, and assets of $60.3M (revenue +640.6% year-over-year).
2014: Revenue of $381K, expenses of $4.1M, and assets of $61.7M (revenue -86.4% year-over-year).
2013: Revenue of $2.8M, expenses of $3.9M, and assets of $65.5M (revenue -34.4% year-over-year).
2012: Revenue of $4.3M, expenses of $3.9M, and assets of $66.6M.
2011: Revenue of $-2,669,630, expenses of $4.2M, and assets of $66.3M.

Data Sources and Methodology

This transparency report for Chatlos Foundation Inc 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.