Colton Famliy Foundation
Colton Family Foundation: Strong Asset Growth, Variable Revenue, and High Program Spending
EIN: 222520918 · Short Hills, NJ · Updated: 2026-04-04
About Colton Famliy Foundation
Colton Famliy Foundation (EIN: 222520918) is a nonprofit organization based in Short Hills, NJ. The organization reported total revenue of $85.2M and total assets of $75.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colton Famliy 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 Colton Famliy 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: 90%
- fundraising: 5%
According to IRS 990 filings, Colton Famliy Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led or externally funded administrative structure.
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 Colton Famliy Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility, with a drop from $30,791,518 in 2022 to $1,802,074 in 2023, warrants further investigation into funding sources.
- The 'nt' (nonprofit type) field is missing from the provided data, which could impact a full understanding of its operational scope.
Strengths
The following positive indicators were identified for Colton Famliy Foundation:
- Consistently high percentage of spending allocated to programs (e.g., 90% in 2023 based on expenses of $14,851,352 out of total expenses).
- Substantial asset growth from $15,104,541 in 2013 to $89,981,416 in 2023, indicating strong financial management and investment.
- Consistent reporting of $0 executive compensation demonstrates a commitment to minimizing administrative overhead.
Frequently Asked Questions about Colton Famliy Foundation
What does Colton Famliy Foundation do?
Colton Famliy Foundation is a nonprofit organization in the Unknown sector, located in Short Hills, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Colton Famliy Foundation have?
Colton Famliy Foundation reported total revenue of $85,193,083. Based on 10 IRS 990 filings on record.
What are Colton Famliy Foundation's total assets?
Colton Famliy Foundation holds total assets of $75,743,717 as reported in IRS 990 filings.
Where is Colton Famliy Foundation located?
Colton Famliy Foundation is based in Short Hills, New Jersey.
What is Colton Famliy Foundation's EIN?
Colton Famliy Foundation's Employer Identification Number (EIN) is 222520918. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Colton Famliy Foundation?
Colton Famliy Foundation is classified under NTEE code Unknown (Unknown).
Is Colton Famliy Foundation a registered 501(c)(3)?
Colton Famliy Foundation appears in IRS records (EIN: 222520918). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Colton Famliy Foundation file IRS Form 990?
Yes, Colton Famliy Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202311.
What was Colton Famliy Foundation's revenue in 2023?
In the 202311 filing period, Colton Famliy Foundation reported total revenue of $1,802,074, total expenses of $14,851,352, and net assets of $89,981,416.
Is Colton Famliy Foundation's revenue growing or declining?
Colton Famliy Foundation's revenue is declining. Revenue went from $30,791,518 (202211) to $1,802,074 (202311), a -94.1% change. Based on 10 filings on record.
What is Colton Famliy Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Colton Famliy Foundation covers tax period 202311. It shows revenue of $1,802,074, expenses of $14,851,352, total assets of $89,981,416, and liabilities of $1.
How much does Colton Famliy Foundation spend on programs vs administration?
Based on IRS 990 analysis, Colton Famliy Foundation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Colton Famliy Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Colton Famliy Foundation appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Colton Famliy Foundation?
The following concerns were identified: Significant year-over-year revenue volatility, with a drop from $30,791,518 in 2022 to $1,802,074 in 2023, warrants further investigation into funding sources.. The 'nt' (nonprofit type) field is missing from the provided data, which could impact a full understanding of its operational scope.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Colton Famliy Foundation's strengths?
Positive indicators for Colton Famliy Foundation include: Consistently high percentage of spending allocated to programs (e.g., 90% in 2023 based on expenses of $14,851,352 out of total expenses).. Substantial asset growth from $15,104,541 in 2013 to $89,981,416 in 2023, indicating strong financial management and investment.. Consistent reporting of $0 executive compensation demonstrates a commitment to minimizing administrative overhead.. These findings are derived from AI analysis of the organization's financial filings.
How does Colton Famliy Foundation compensate executives?
Executive compensation is consistently reported as $0 across all available filings, suggesting a volunteer-led or externally funded administrative structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial asset base and fluctuating revenues, what is the foundation's long-term strategy for sustainable funding and program expansion?
The foundation's significant assets, reaching $89,981,416 in 2023, suggest a reliance on endowment returns or large, infrequent donations. Understanding their investment strategy and donor cultivation efforts would clarify their long-term sustainability plan, especially in years with low revenue like $1,802,074 in 2023.
Filing History
IRS 990 filing history for Colton Famliy Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Colton Famliy Foundation's revenue has grown by 489.4%, moving from $306K to $1.8M. Total assets increased by 1900.2% over the same period, from $4.5M to $90.0M. Total functional expenses rose by 6752.9%, from $217K to $14.9M. In its most recent filing year (2023), Colton Famliy Foundation reported a deficit of $13.0M, with expenses exceeding revenue. The organization holds $1 in liabilities against $90.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $90.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $14.9M | $90.0M | $1 | — | View 990 |
| 2022 | $30.8M | $6.4M | $102.6M | $1 | — | View 990 |
| 2021 | $293K | $4.9M | $78.0M | $1 | — | View 990 |
| 2020 | $29.5M | $5.2M | $82.6M | $1 | — | View 990 |
| 2019 | $857K | $3.7M | $55.4M | $1 | — | View 990 |
| 2015 | $6.3M | $1.6M | $20.4M | $1 | — | View 990 |
| 2014 | $1.6M | $1.0M | $15.6M | $1 | — | View 990 |
| 2013 | $10.9M | $272K | $15.1M | $1 | — | View 990 |
| 2012 | $284K | $309K | $4.5M | $1 | — | View 990 |
| 2011 | $306K | $217K | $4.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $14.9M, and assets of $90.0M (revenue -94.1% year-over-year).
- 2022: Revenue of $30.8M, expenses of $6.4M, and assets of $102.6M (revenue +10419.6% year-over-year).
- 2021: Revenue of $293K, expenses of $4.9M, and assets of $78.0M (revenue -99.0% year-over-year).
- 2020: Revenue of $29.5M, expenses of $5.2M, and assets of $82.6M (revenue +3336.2% year-over-year).
- 2019: Revenue of $857K, expenses of $3.7M, and assets of $55.4M (revenue -86.4% year-over-year).
- 2015: Revenue of $6.3M, expenses of $1.6M, and assets of $20.4M (revenue +304.9% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.0M, and assets of $15.6M (revenue -85.7% year-over-year).
- 2013: Revenue of $10.9M, expenses of $272K, and assets of $15.1M (revenue +3733.4% year-over-year).
- 2012: Revenue of $284K, expenses of $309K, and assets of $4.5M (revenue -7.0% year-over-year).
- 2011: Revenue of $306K, expenses of $217K, and assets of $4.5M.
Data Sources and Methodology
This transparency report for Colton Famliy 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.