Chodron Foundation
Chodron Foundation shows highly inconsistent financial activity with significant deficits in recent years.
EIN: 134075603 · Providence, RI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $273 |
| Total Expenses | $3K |
| Program Spending | 80% |
| Net Assets | $10K |
| Transparency Score | 35/100 |
Is Chodron Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chodron Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chodron Foundation
Chodron Foundation (EIN: 134075603) is a nonprofit organization based in Providence, RI, classified under NTEE code T22. The organization reported total revenue of $273 and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chodron Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chodron Foundation is a micro nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $378 |
| Total Expenses | $3K |
| Surplus / Deficit | $-2,392 |
| Total Assets | $10K |
| Total Liabilities | $1 |
| Net Assets | $10K |
| Operating Margin | -632.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 43.9 months |
Financial Health Grade: B
In 2023, Chodron Foundation reported a deficit of $2K with expenses exceeding revenue, holds 43.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +240.5% | -94.6% | -19.1% |
| 2022 | +1287.5% | +2670.3% | -80.3% |
| 2021 | -100.0% | +8.8% | -2.8% |
| 2020 | +22256.7% | -18.3% | +282.4% |
| 2019 | -96.4% | +74.6% | -8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Chodron Foundation with a Mission Score of 35 out of 100 (Poor). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Chodron Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Chodron Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are being used for executive salaries, which is a positive for minimizing administrative costs.
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 Chodron Foundation's IRS 990 filings:
- Highly inconsistent revenue and expense patterns across years.
- Significant deficits in recent years (e.g., $2,392 in 2023, $51,139 in 2022).
- Very low revenue in most years, raising sustainability concerns.
- Assets are low relative to some years' expenses, indicating limited financial reserves.
Strengths
The following positive indicators were identified for Chodron Foundation:
- Consistently reports 0% officer compensation, indicating no executive salary burden.
- Low liabilities across all reported periods, suggesting minimal debt.
Frequently Asked Questions about Chodron Foundation
Is Chodron Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Chodron Foundation (EIN: 134075603) significant concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
How does Chodron Foundation spend its money?
Chodron Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chodron Foundation tax-deductible?
Chodron Foundation is registered as a tax-exempt nonprofit (EIN: 134075603). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Chodron Foundation's spending goes to programs?
Chodron Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chodron Foundation compare to similar nonprofits?
With a transparency score of 35/100 (Poor), Chodron Foundation is below average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chodron Foundation located?
Chodron Foundation is headquartered in Providence, Rhode Island and files with the IRS under EIN 134075603. It is classified under NTEE code T22.
How many years of IRS 990 filings does Chodron Foundation have?
Chodron 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 $273 in total revenue.
What caused the extreme expense spike to $51,250 in 2022?
The provided data does not specify the nature of these expenses, but it represents a significant outlier compared to other years, warranting further investigation into the organization's activities during that period.
How does the Chodron Foundation sustain operations with such low and inconsistent revenue?
With revenues as low as $8 in 2021 and $111 in 2022, and significant deficits in recent years (e.g., $2,392 deficit in 2023), the organization's long-term sustainability is questionable without a more stable funding model.
What are the specific program activities funded by the organization?
The NTEE code T22 indicates 'Buddhist, Buddhist-Related Organizations', but without detailed program expense breakdowns, it's unclear how the reported expenses translate into specific mission-related activities.
Filing History
IRS 990 filing history for Chodron Foundation showing financial trends over 10 years of public records:
Total assets decreased by 12.2% over the same period, from $12K to $10K. Total functional expenses rose by 1.7%, from $3K to $3K. In its most recent filing year (2023), Chodron Foundation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $10K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $378 | $3K | $10K | $1 | — | — |
| 2022 | $111 | $51K | $13K | $1 | — | — |
| 2021 | $8 | $2K | $64K | $1 | — | — |
| 2020 | $50K | $2K | $66K | $1 | — | — |
| 2019 | $224 | $2K | $17K | $1 | — | View 990 |
| 2015 | $6K | $1K | $19K | $1 | — | View 990 |
| 2014 | $1 | $0 | $14K | $1 | — | View 990 |
| 2013 | $1 | $0 | $14K | $1 | — | View 990 |
| 2012 | $502 | $-1,700 | $14K | $0 | — | View 990 |
| 2011 | $0 | $3K | $12K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $378, expenses of $3K, and assets of $10K (revenue +240.5% year-over-year).
- 2022: Revenue of $111, expenses of $51K, and assets of $13K (revenue +1287.5% year-over-year).
- 2021: Revenue of $8, expenses of $2K, and assets of $64K (revenue -100.0% year-over-year).
- 2020: Revenue of $50K, expenses of $2K, and assets of $66K (revenue +22256.7% year-over-year).
- 2019: Revenue of $224, expenses of $2K, and assets of $17K (revenue -96.4% year-over-year).
- 2015: Revenue of $6K, expenses of $1K, and assets of $19K (revenue +624800.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $14K (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $14K (revenue -99.8% year-over-year).
- 2012: Revenue of $502, expenses of $-1,700, and assets of $14K.
- 2011: Revenue of $0, expenses of $3K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chodron Foundation:
Data Sources and Methodology
This transparency report for Chodron 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.