Cvw Family Foundation
Cvw Family Foundation faces declining assets due to consistent deficit spending.
EIN: 208711343 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $968K |
| Total Expenses | $675K |
| Program Spending | 90% |
| Net Assets | $2.1M |
| Transparency Score | 65/100 |
Is Cvw Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cvw Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cvw Family Foundation
Cvw Family Foundation (EIN: 208711343) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $968K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cvw Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cvw Family Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $675K |
| Surplus / Deficit | $-539,360 |
| Total Assets | $2.1M |
| Total Liabilities | $1 |
| Net Assets | $2.1M |
| Operating Margin | -397.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 37.2 months |
Financial Health Grade: B
In 2023, Cvw Family Foundation reported a deficit of $539K with expenses exceeding revenue, holds 37.2 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), Cvw Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.9% | -0.9% | -20.5% |
| 2022 | -26.4% | -3.8% | -17.9% |
| 2021 | -86.7% | +43.5% | -14.9% |
| 2020 | +302.9% | +13.9% | +19.7% |
| 2019 | +47.0% | -10.2% | -24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Cvw Family Foundation with a Mission Score of 65 out of 100 (Good). 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, Cvw 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 $539K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient for a nonprofit of its 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.
Red Flags
The following concerns were identified during AI analysis of Cvw Family Foundation's IRS 990 filings:
- Consistent deficit spending: Expenses have significantly exceeded revenue in most recent years (e.g., 2023 expenses $675,007 vs. revenue $135,647).
- Significant decline in assets: Assets have decreased from $4,684,824 in 2013 to $2,091,336 in 2023, indicating unsustainable financial practices.
- Reliance on asset drawdowns: The sustained operational losses suggest the organization is likely funding operations by drawing down its endowment or principal assets.
Strengths
The following positive indicators were identified for Cvw Family Foundation:
- Zero officer compensation: The organization consistently reports 0% officer compensation, indicating efficient use of funds for leadership.
- Low liabilities: Consistently reports $1 or $0 in liabilities, suggesting a debt-free balance sheet.
Frequently Asked Questions about Cvw Family Foundation
Is Cvw Family Foundation a legitimate charity?
Cvw Family Foundation (EIN: 208711343) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $968K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Cvw Family Foundation spend its money?
Cvw Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Cvw Family Foundation tax-deductible?
Cvw Family Foundation is registered as a tax-exempt nonprofit (EIN: 208711343). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Cvw Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Cvw 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 Cvw Family Foundation located?
Cvw Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 208711343. It is classified under NTEE code T22.
How many years of IRS 990 filings does Cvw Family Foundation have?
Cvw 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 $968K in total revenue.
What is the Cvw Family Foundation's strategy to address its consistent deficit spending?
The foundation has consistently spent more than it earned in recent years, leading to a significant reduction in assets. For example, in 2023, expenses were $675,007 while revenue was only $135,647. A clear strategy to balance its budget or increase revenue is needed.
How does the Cvw Family Foundation fund its programs given its declining asset base?
With assets decreasing from $4,684,824 in 2013 to $2,091,336 in 2023, and consistent operational losses, it's unclear how the foundation plans to sustain its program funding without further depleting its principal.
What are the specific programs or grants the Cvw Family Foundation supports?
The NTEE code T22 indicates 'Private Grantmaking Foundations', but without detailed program spending information, it's difficult to assess the impact and effectiveness of its grants.
Filing History
IRS 990 filing history for Cvw Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cvw Family Foundation's revenue has declined by 28.5%, moving from $190K to $136K. Total assets decreased by 24.8% over the same period, from $2.8M to $2.1M. Total functional expenses rose by 136.8%, from $285K to $675K. In its most recent filing year (2023), Cvw Family Foundation reported a deficit of $539K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $136K | $675K | $2.1M | $1 | — | — |
| 2022 | $109K | $681K | $2.6M | $1 | — | View 990 |
| 2021 | $148K | $708K | $3.2M | $1 | — | View 990 |
| 2020 | $1.1M | $493K | $3.8M | $1 | — | View 990 |
| 2019 | $276K | $433K | $3.1M | $1 | — | View 990 |
| 2015 | $188K | $482K | $4.1M | $1 | — | View 990 |
| 2014 | $327K | $581K | $4.4M | $1 | — | View 990 |
| 2013 | $791K | $337K | $4.7M | $1 | — | View 990 |
| 2012 | $173K | $289K | $4.4M | $0 | — | View 990 |
| 2011 | $190K | $285K | $2.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $136K, expenses of $675K, and assets of $2.1M (revenue +24.9% year-over-year).
- 2022: Revenue of $109K, expenses of $681K, and assets of $2.6M (revenue -26.4% year-over-year).
- 2021: Revenue of $148K, expenses of $708K, and assets of $3.2M (revenue -86.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $493K, and assets of $3.8M (revenue +302.9% year-over-year).
- 2019: Revenue of $276K, expenses of $433K, and assets of $3.1M (revenue +47.0% year-over-year).
- 2015: Revenue of $188K, expenses of $482K, and assets of $4.1M (revenue -42.6% year-over-year).
- 2014: Revenue of $327K, expenses of $581K, and assets of $4.4M (revenue -58.7% year-over-year).
- 2013: Revenue of $791K, expenses of $337K, and assets of $4.7M (revenue +357.1% year-over-year).
- 2012: Revenue of $173K, expenses of $289K, and assets of $4.4M (revenue -8.7% year-over-year).
- 2011: Revenue of $190K, expenses of $285K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cvw Family Foundation:
Data Sources and Methodology
This transparency report for Cvw 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.