David B Miller Family Foundation
David B Miller Family Foundation shows strong financial growth and zero officer compensation.
EIN: 208103224 · Dallas, TX · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30.0M |
| Total Expenses | $2.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $12 |
| Net Assets | $7.7M |
| Transparency Score | 95/100 |
Is David B Miller Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David B Miller Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David B Miller Family Foundation
David B Miller Family Foundation (EIN: 208103224) is a nonprofit organization based in Dallas, TX, classified under NTEE code T22. The organization reported total revenue of $30.0M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David B Miller Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David B Miller Family Foundation is a large 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 10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.3M |
| Total Expenses | $2.9M |
| Surplus / Deficit | +$9.4M |
| Total Assets | $7.7M |
| Total Liabilities | $1 |
| Net Assets | $7.7M |
| Operating Margin | 76.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 31.6 months |
Financial Health Grade: A
In 2023, David B Miller Family Foundation reported a surplus of $9.4M with revenue exceeding expenses, holds 31.6 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), David B Miller Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +163116.7% | -1.0% | +720.9% |
| 2022 | -99.9% | +74.5% | -75.9% |
| 2021 | -13.1% | -77.6% | +2438.8% |
| 2020 | -18.5% | -25.5% | +96.3% |
| 2019 | +455100.5% | +85.3% | -93.7% |
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 David B Miller 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, David B Miller 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 surplus of $9.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for an organization of its size with recent revenues exceeding $12 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 David B Miller Family Foundation:
- Consistent zero officer compensation across all filings.
- Significant asset growth, particularly in recent periods (e.g., $7.7M in 2023).
- Strong revenue generation, with latest reported revenue at $12,329,390.
- Low liabilities, indicating strong financial stability.
- Expenses consistently lower than revenue in most recent periods, allowing for asset accumulation.
Frequently Asked Questions about David B Miller Family Foundation
Is David B Miller Family Foundation a legitimate charity?
David B Miller Family Foundation (EIN: 208103224) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $30.0M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does David B Miller Family Foundation spend its money?
David B Miller Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to David B Miller Family Foundation tax-deductible?
David B Miller Family Foundation is registered as a tax-exempt nonprofit (EIN: 208103224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the David B Miller Family Foundation CEO make?
David B Miller Family Foundation's highest-compensated officer earns $12 annually. The organization reported $30.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does David B Miller Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), David B Miller 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 David B Miller Family Foundation located?
David B Miller Family Foundation is headquartered in Dallas, Texas and files with the IRS under EIN 208103224. It is classified under NTEE code T22.
How many years of IRS 990 filings does David B Miller Family Foundation have?
David B Miller 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 $30.0M in total revenue.
How does the foundation allocate its program spending?
While the provided data indicates strong financial health and low overall expenses relative to revenue, specific details on the allocation of program spending are not available in the summary. Further review of the full 990 forms would be needed to understand the types of grants or direct charitable activities undertaken.
What are the specific programs or causes supported by the foundation?
The NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations) indicates its general purpose, but the specific beneficiaries or areas of focus for its grantmaking activities are not detailed in the provided financial summary. A deeper dive into the full 990 filings would reveal this information.
What caused the significant fluctuations in revenue and expenses over the years?
The foundation exhibits considerable year-to-year fluctuations in both revenue (e.g., $15M in 2014 vs. $7.5K in 2022) and expenses. This could be due to the timing of large donations, investment performance, or the execution of significant grant cycles. Without further context, the exact reasons for these variations are unclear.
Filing History
IRS 990 filing history for David B Miller Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), David B Miller Family Foundation's revenue has grown by 245.8%, moving from $3.6M to $12.3M. Total assets increased by 8692.5% over the same period, from $88K to $7.7M. Total functional expenses fell by 10.5%, from $3.3M to $2.9M. In its most recent filing year (2023), David B Miller Family Foundation reported a surplus of $9.4M, with revenue exceeding expenses. The organization holds $1 in liabilities against $7.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.3M | $2.9M | $7.7M | $1 | — | View 990 |
| 2022 | $8K | $3.0M | $938K | $1 | — | View 990 |
| 2021 | $7.2M | $1.7M | $3.9M | $1 | — | View 990 |
| 2020 | $8.2M | $7.6M | $153K | $1 | — | View 990 |
| 2019 | $10.1M | $10.1M | $78K | $1 | — | View 990 |
| 2015 | $2K | $5.5M | $1.2M | $0 | — | View 990 |
| 2014 | $15.0M | $6.5M | $6.7M | $0 | — | View 990 |
| 2013 | $5.4M | $5.1M | $340K | $0 | — | View 990 |
| 2012 | $5.9M | $4.3M | $1.2M | $0 | — | View 990 |
| 2011 | $3.6M | $3.3M | $88K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.3M, expenses of $2.9M, and assets of $7.7M (revenue +163116.7% year-over-year).
- 2022: Revenue of $8K, expenses of $3.0M, and assets of $938K (revenue -99.9% year-over-year).
- 2021: Revenue of $7.2M, expenses of $1.7M, and assets of $3.9M (revenue -13.1% year-over-year).
- 2020: Revenue of $8.2M, expenses of $7.6M, and assets of $153K (revenue -18.5% year-over-year).
- 2019: Revenue of $10.1M, expenses of $10.1M, and assets of $78K (revenue +455100.5% year-over-year).
- 2015: Revenue of $2K, expenses of $5.5M, and assets of $1.2M (revenue -100.0% year-over-year).
- 2014: Revenue of $15.0M, expenses of $6.5M, and assets of $6.7M (revenue +177.6% year-over-year).
- 2013: Revenue of $5.4M, expenses of $5.1M, and assets of $340K (revenue -7.7% year-over-year).
- 2012: Revenue of $5.9M, expenses of $4.3M, and assets of $1.2M (revenue +64.4% year-over-year).
- 2011: Revenue of $3.6M, expenses of $3.3M, and assets of $88K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David B Miller Family Foundation:
Data Sources and Methodology
This transparency report for David B Miller 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.