David B And Virginia M Ford Foundation
David B And Virginia M Ford Foundation maintains substantial assets with zero officer compensation amidst fluctuating revenues.
EIN: 133385063 · Bryn Mawr, PA · Updated: 2026-03-28
Is David B And Virginia M Ford Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David B And Virginia M Ford Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David B And Virginia M Ford Foundation
David B And Virginia M Ford Foundation (EIN: 133385063) is a nonprofit organization based in Bryn Mawr, PA. The organization reported total revenue of $758K and total assets of $9.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David B And Virginia M Ford 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 David B And Virginia M Ford 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, David B And Virginia M Ford 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.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a foundation of its size with assets nearing $10 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.
Red Flags
The following concerns were identified during AI analysis of David B And Virginia M Ford Foundation's IRS 990 filings:
- Significant revenue volatility, with a negative revenue year in 2011 (-$2,403,098), which could indicate substantial investment losses or unusual accounting events.
Strengths
The following positive indicators were identified for David B And Virginia M Ford Foundation:
- Consistent 0% officer compensation, indicating highly efficient use of funds for charitable purposes.
- Substantial asset base ($9,679,256) provides financial stability and a strong endowment for grant-making.
- Consistent IRS 990 filing history demonstrates good transparency and compliance.
- Ability to maintain expenses even in years with lower revenue, drawing from assets to sustain operations.
Frequently Asked Questions about David B And Virginia M Ford Foundation
Is David B And Virginia M Ford Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, David B And Virginia M Ford Foundation (EIN: 133385063) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does David B And Virginia M Ford Foundation spend its money?
David B And Virginia M Ford Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to David B And Virginia M Ford Foundation tax-deductible?
David B And Virginia M Ford Foundation is registered as a tax-exempt nonprofit (EIN: 133385063). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the David B And Virginia M Ford Foundation a good charity?
As a private foundation with substantial assets ($9,679,256) and a consistent record of 0% officer compensation, it appears to be a well-managed entity focused on its charitable purpose. Its financial stability, despite revenue fluctuations, suggests a reliable funding source for its grants.
How does the foundation manage its expenses when revenue is low?
In years like 2023, when revenue was $388,390 and expenses were $531,930, the foundation covered the deficit by drawing from its significant asset base, which stood at $7,436,558 at the end of that period. This indicates a reliance on its endowment to maintain grant-making activities.
What is the trend in the foundation's assets?
The foundation's assets have shown some fluctuation over the years. They peaked around $12-13 million in 2013-2015, then decreased to around $7.4 million in 2019-2023, before recovering to $9,679,256 in the latest reported period. This suggests active portfolio management or market influences on its investments.
Filing History
IRS 990 filing history for David B And Virginia M Ford Foundation showing financial trends over 10 years of public records:
Total assets decreased by 34.5% over the same period, from $11.4M to $7.4M. Total functional expenses fell by 83.7%, from $3.3M to $532K. In its most recent filing year (2023), David B And Virginia M Ford Foundation reported a deficit of $144K, with expenses exceeding revenue. The organization holds $9K in liabilities against $7.4M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $7.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $388K | $532K | $7.4M | $9K | — | — |
| 2022 | $548K | $480K | $7.6M | $9K | — | View 990 |
| 2021 | $223K | $495K | $7.5M | $9K | — | View 990 |
| 2020 | $1.5M | $1.1M | $7.8M | $9K | — | — |
| 2019 | $342K | $1.9M | $7.4M | $1 | — | View 990 |
| 2015 | $1.1M | $1.3M | $12.8M | $0 | — | View 990 |
| 2014 | $2.2M | $1.1M | $13.0M | $0 | — | View 990 |
| 2013 | $1.5M | $1.1M | $12.0M | $0 | — | View 990 |
| 2012 | $1.2M | $992K | $11.6M | $0 | — | View 990 |
| 2011 | $-2,403,098 | $3.3M | $11.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $388K, expenses of $532K, and assets of $7.4M (revenue -29.2% year-over-year).
- 2022: Revenue of $548K, expenses of $480K, and assets of $7.6M (revenue +145.4% year-over-year).
- 2021: Revenue of $223K, expenses of $495K, and assets of $7.5M (revenue -84.8% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.1M, and assets of $7.8M (revenue +328.9% year-over-year).
- 2019: Revenue of $342K, expenses of $1.9M, and assets of $7.4M (revenue -68.0% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.3M, and assets of $12.8M (revenue -51.1% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.1M, and assets of $13.0M (revenue +42.6% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.1M, and assets of $12.0M (revenue +27.2% year-over-year).
- 2012: Revenue of $1.2M, expenses of $992K, and assets of $11.6M.
- 2011: Revenue of $-2,403,098, expenses of $3.3M, and assets of $11.4M.
Data Sources and Methodology
This transparency report for David B And Virginia M Ford 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.