Connors Family Foundation
Connors Family Foundation shows strong asset growth and minimal liabilities with no officer compensation.
EIN: 202015301 · Medina, WA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $939K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $8.2M |
| Transparency Score | 95/100 |
Is Connors Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connors Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connors Family Foundation
Connors Family Foundation (EIN: 202015301) is a nonprofit organization based in Medina, WA, classified under NTEE code T20. The organization reported total revenue of $1.5M and total assets of $8.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connors Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connors Family Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 67.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $939K |
| Surplus / Deficit | +$3.0M |
| Total Assets | $8.2M |
| Total Liabilities | $1 |
| Net Assets | $8.2M |
| Operating Margin | 76.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 105.1 months |
Financial Health Grade: A
In 2023, Connors Family Foundation reported a surplus of $3.0M with revenue exceeding expenses, holds 105.1 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), Connors Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 67.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +244.9% | +92.3% | +57.0% |
| 2022 | -61.7% | +118.6% | +14.2% |
| 2021 | -19.6% | -27.0% | +149.1% |
| 2020 | +223.0% | +91.6% | +2.1% |
| 2019 | +8268.6% | +252.5% | +511.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Connors 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Connors Family 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors received compensation from the foundation, which is highly favorable for a nonprofit of its size with assets exceeding $8 million.
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 Connors Family Foundation:
- Consistent asset growth, reaching $8,224,233 in 202312.
- Extremely low liabilities, consistently reported as $1 or $0.
- 0% officer compensation across all reported periods, indicating high efficiency.
- Strong program spending efficiency due to low overall expenses relative to revenue.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Connors Family Foundation
Is Connors Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Connors Family Foundation (EIN: 202015301) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Connors Family Foundation spend its money?
Connors Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Connors Family Foundation tax-deductible?
Connors Family Foundation is registered as a tax-exempt nonprofit (EIN: 202015301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Connors Family Foundation CEO make?
Connors Family Foundation's highest-compensated officer earns $8 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Connors Family Foundation's spending goes to programs?
Connors Family Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Connors Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Connors Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Connors Family Foundation located?
Connors Family Foundation is headquartered in Medina, Washington and files with the IRS under EIN 202015301. It is classified under NTEE code T20.
How many years of IRS 990 filings does Connors Family Foundation have?
Connors 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 $1.5M in total revenue.
Is Connors Family Foundation a good charity?
Based on the provided data, the Connors Family Foundation appears to be a very good charity. It exhibits strong financial health with growing assets ($8.2M in 202312), minimal liabilities ($1 in 202312), and a commitment to not paying officer compensation, suggesting a high dedication to its mission and efficient use of funds.
How has the foundation's asset base changed over time?
The foundation's assets have grown significantly, from $268,945 in 201112 to $8,224,233 in 202312, demonstrating substantial financial growth and stability.
What is the trend in the foundation's revenue?
Revenue has fluctuated but shown a strong upward trend in recent years, with the highest reported revenue of $3,923,464 in 202312, indicating robust financial inflows.
Filing History
IRS 990 filing history for Connors Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Connors Family Foundation's revenue has grown by 47758.8%, moving from $8K to $3.9M. Total assets increased by 2958% over the same period, from $269K to $8.2M. Total functional expenses rose by 13264.3%, from $7K to $939K. In its most recent filing year (2023), Connors Family Foundation reported a surplus of $3.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $939K | $8.2M | $1 | — | View 990 |
| 2022 | $1.1M | $488K | $5.2M | $1 | — | View 990 |
| 2021 | $3.0M | $223K | $4.6M | $1 | — | View 990 |
| 2020 | $3.7M | $306K | $1.8M | $1 | — | — |
| 2019 | $1.1M | $160K | $1.8M | $1 | — | View 990 |
| 2015 | $14K | $45K | $295K | $0 | — | View 990 |
| 2014 | $57K | $8K | $327K | $0 | — | View 990 |
| 2013 | $19K | $12K | $278K | $0 | — | View 990 |
| 2012 | $6K | $4K | $271K | $0 | — | View 990 |
| 2011 | $8K | $7K | $269K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $939K, and assets of $8.2M (revenue +244.9% year-over-year).
- 2022: Revenue of $1.1M, expenses of $488K, and assets of $5.2M (revenue -61.7% year-over-year).
- 2021: Revenue of $3.0M, expenses of $223K, and assets of $4.6M (revenue -19.6% year-over-year).
- 2020: Revenue of $3.7M, expenses of $306K, and assets of $1.8M (revenue +223.0% year-over-year).
- 2019: Revenue of $1.1M, expenses of $160K, and assets of $1.8M (revenue +8268.6% year-over-year).
- 2015: Revenue of $14K, expenses of $45K, and assets of $295K (revenue -76.2% year-over-year).
- 2014: Revenue of $57K, expenses of $8K, and assets of $327K (revenue +204.0% year-over-year).
- 2013: Revenue of $19K, expenses of $12K, and assets of $278K (revenue +238.3% year-over-year).
- 2012: Revenue of $6K, expenses of $4K, and assets of $271K (revenue -31.9% year-over-year).
- 2011: Revenue of $8K, expenses of $7K, and assets of $269K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connors Family Foundation:
Data Sources and Methodology
This transparency report for Connors 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.