Conard Davis Family Foundation
Conard Davis Family Foundation maintains substantial assets despite fluctuating revenues, with no reported officer compensation.
EIN: 207204420 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.6M |
| Total Expenses | $2.1M |
| Program Spending | 90% |
| Net Assets | $29.2M |
| Transparency Score | 95/100 |
Is Conard Davis Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Conard Davis Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Conard Davis Family Foundation
Conard Davis Family Foundation (EIN: 207204420) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $8.6M and total assets of $32.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Conard Davis Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Conard Davis Family Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $971K |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-1,106,635 |
| Total Assets | $29.2M |
| Total Liabilities | $1 |
| Net Assets | $29.2M |
| Operating Margin | -114.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 169.0 months |
Financial Health Grade: B
In 2023, Conard Davis Family Foundation reported a deficit of $1.1M with expenses exceeding revenue, holds 169.0 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), Conard Davis Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +152.9% | +77.3% | -3.6% |
| 2022 | -86.4% | -37.3% | -2.5% |
| 2021 | +28.9% | -38.6% | +0.5% |
| 2020 | +58.2% | -3.6% | -2.7% |
| 2019 | -96.4% | +5.4% | -16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Conard Davis Family Foundation with a Mission Score of 95 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, Conard Davis 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.1M, 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 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.
Strengths
The following positive indicators were identified for Conard Davis Family Foundation:
- No reported officer compensation, indicating high operational efficiency regarding executive salaries.
- Substantial and consistent asset base ($32,576,600 in the latest period) providing long-term financial stability.
- Minimal liabilities ($1 in recent years), demonstrating a very healthy balance sheet.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
- Strong program focus inherent in a private grantmaking foundation with no fundraising expenses.
Frequently Asked Questions about Conard Davis Family Foundation
Is Conard Davis Family Foundation a legitimate charity?
Conard Davis Family Foundation (EIN: 207204420) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $8.6M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Conard Davis Family Foundation spend its money?
Conard Davis Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Conard Davis Family Foundation tax-deductible?
Conard Davis Family Foundation is registered as a tax-exempt nonprofit (EIN: 207204420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Conard Davis Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Conard Davis 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 Conard Davis Family Foundation located?
Conard Davis Family Foundation is headquartered in New York, New York and files with the IRS under EIN 207204420. It is classified under NTEE code T22.
How many years of IRS 990 filings does Conard Davis Family Foundation have?
Conard Davis 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 $8.6M in total revenue.
What is the primary focus of the grants made by the Conard Davis Family Foundation?
As a private grantmaking foundation (NTEE T22), the foundation's primary focus is distributing grants to other organizations. The specific areas of these grants would require reviewing the detailed schedules within their Form 990 filings, which are not provided in this summary.
How does the foundation manage its significant asset base?
The foundation maintains a substantial asset base, reaching $32,576,600 in the latest period. This suggests a robust investment strategy, as is common for private foundations, to generate income and support its grantmaking activities over the long term.
Why do revenues fluctuate so significantly year-to-year?
Revenue fluctuations, such as the jump from $383,884 in 2022 to $970,673 in 2023, and the high of $38,016,459 in 2015, are common for private foundations. These often reflect investment gains, contributions from a limited number of donors, or specific asset sales rather than broad public fundraising.
Filing History
IRS 990 filing history for Conard Davis Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Conard Davis Family Foundation's revenue has declined by 39.3%, moving from $1.6M to $971K. Total assets increased by 702.9% over the same period, from $3.6M to $29.2M. Total functional expenses rose by 522.7%, from $334K to $2.1M. In its most recent filing year (2023), Conard Davis Family Foundation reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $1 in liabilities against $29.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $29.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $971K | $2.1M | $29.2M | $1 | — | — |
| 2022 | $384K | $1.2M | $30.4M | $1 | — | View 990 |
| 2021 | $2.8M | $1.9M | $31.1M | $1 | — | View 990 |
| 2020 | $2.2M | $3.0M | $31.0M | $1 | — | — |
| 2019 | $1.4M | $3.2M | $31.8M | $1 | — | View 990 |
| 2015 | $38.0M | $3.0M | $38.1M | $0 | — | View 990 |
| 2014 | $12.2M | $2.2M | $19.5M | $0 | — | View 990 |
| 2013 | $14.6M | $537K | $14.8M | $0 | — | View 990 |
| 2012 | $8.1M | $471K | $3.2M | $0 | — | View 990 |
| 2011 | $1.6M | $334K | $3.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $971K, expenses of $2.1M, and assets of $29.2M (revenue +152.9% year-over-year).
- 2022: Revenue of $384K, expenses of $1.2M, and assets of $30.4M (revenue -86.4% year-over-year).
- 2021: Revenue of $2.8M, expenses of $1.9M, and assets of $31.1M (revenue +28.9% year-over-year).
- 2020: Revenue of $2.2M, expenses of $3.0M, and assets of $31.0M (revenue +58.2% year-over-year).
- 2019: Revenue of $1.4M, expenses of $3.2M, and assets of $31.8M (revenue -96.4% year-over-year).
- 2015: Revenue of $38.0M, expenses of $3.0M, and assets of $38.1M (revenue +212.4% year-over-year).
- 2014: Revenue of $12.2M, expenses of $2.2M, and assets of $19.5M (revenue -16.7% year-over-year).
- 2013: Revenue of $14.6M, expenses of $537K, and assets of $14.8M (revenue +80.3% year-over-year).
- 2012: Revenue of $8.1M, expenses of $471K, and assets of $3.2M (revenue +406.6% year-over-year).
- 2011: Revenue of $1.6M, expenses of $334K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Conard Davis Family Foundation:
Data Sources and Methodology
This transparency report for Conard Davis 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.