David H Nutt Family Foundation
David H Nutt Family Foundation operates with minimal revenue and declining assets.
EIN: 208909562 · Ridgeland, MS · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Program Spending | 100% |
| Net Assets | $184 |
| Transparency Score | 60/100 |
Is David H Nutt Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David H Nutt Family Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David H Nutt Family Foundation
David H Nutt Family Foundation (EIN: 208909562) is a nonprofit organization based in Ridgeland, MS, classified under NTEE code T20. The organization reported total revenue of $1 and total assets of $165 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David H Nutt Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David H Nutt Family Foundation is a micro nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $185 |
| Total Liabilities | $1 |
| Net Assets | $184 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.5% |
Financial Health Grade: A
In 2023, David H Nutt Family Foundation reported a surplus of $1 with revenue exceeding expenses, has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -100.0% | +0.0% |
| 2022 | +0.0% | — | -24.5% |
| 2021 | +0.0% | -250.0% | +276.9% |
| 2020 | +0.0% | +100.0% | -64.9% |
| 2019 | +0.0% | -90.6% | -87.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 H Nutt Family Foundation with a Mission Score of 60 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, David H Nutt Family Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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:
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives or officers, which is common for very small or volunteer-run foundations.
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 H Nutt Family Foundation's IRS 990 filings:
- Consistently minimal revenue ($1) making traditional financial analysis difficult
- Long-term decline in assets from $3,760 to $185 over 12 years
- Unusual negative expense reported in 2021 (-$180)
Strengths
The following positive indicators were identified for David H Nutt Family Foundation:
- Consistent IRS 990 filing history demonstrating transparency
- Zero reported officer compensation, indicating low administrative overhead for executive roles
- Minimal liabilities reported across all periods ($0-$1)
Frequently Asked Questions about David H Nutt Family Foundation
Is David H Nutt Family Foundation a legitimate charity?
David H Nutt Family Foundation (EIN: 208909562) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $1. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does David H Nutt Family Foundation spend its money?
David H Nutt Family Foundation directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to David H Nutt Family Foundation tax-deductible?
David H Nutt Family Foundation is registered as a tax-exempt nonprofit (EIN: 208909562). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does David H Nutt Family Foundation compare to similar nonprofits?
With a transparency score of 60/100 (Good), David H Nutt 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 David H Nutt Family Foundation located?
David H Nutt Family Foundation is headquartered in Ridgeland, Mississippi and files with the IRS under EIN 208909562. It is classified under NTEE code T20.
How many years of IRS 990 filings does David H Nutt Family Foundation have?
David H Nutt 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 in total revenue.
Is the David H Nutt Family Foundation actively engaged in significant charitable activities?
Based on the reported revenue of $1 and very low expenses in recent years, the foundation's direct charitable activities appear to be minimal. Its financial footprint suggests it may primarily serve as a holding entity or a very small grant-making vehicle.
Why are the assets of the foundation declining over time?
The assets have decreased from $3,760 in 2011 to $185 in 2023. This decline could be due to distributions made to other charitable organizations, investment losses, or administrative costs exceeding minimal revenue, gradually depleting the principal.
What does the negative expense of -$180 in 2021 signify?
A negative expense figure typically indicates a refund, a reversal of a prior expense, or an accounting adjustment. Without further detail, it's difficult to pinpoint the exact reason, but it's an unusual entry for a nonprofit's financial statement.
Filing History
IRS 990 filing history for David H Nutt Family Foundation showing financial trends over 10 years of public records:
Total assets decreased by 95.1% over the same period, from $4K to $185. Total functional expenses fell by 100%, from $466 to $0. The organization holds $1 in liabilities against $185 in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $184.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $0 | $185 | $1 | — | — |
| 2022 | $1 | $60 | $185 | $1 | — | — |
| 2021 | $1 | $-180 | $245 | $1 | — | — |
| 2020 | $1 | $120 | $65 | $1 | — | View 990 |
| 2019 | $1 | $60 | $185 | $1 | — | View 990 |
| 2015 | $1 | $636 | $2K | $1 | — | View 990 |
| 2014 | $1 | $533 | $2K | $1 | — | View 990 |
| 2013 | $1 | $485 | $3K | $1 | — | View 990 |
| 2012 | $0 | $600 | $3K | $0 | — | View 990 |
| 2011 | $0 | $466 | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $0, and assets of $185 (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $60, and assets of $185 (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $-180, and assets of $245 (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $120, and assets of $65 (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $60, and assets of $185 (revenue +0.0% year-over-year).
- 2015: Revenue of $1, expenses of $636, and assets of $2K (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $533, and assets of $2K (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $485, and assets of $3K.
- 2012: Revenue of $0, expenses of $600, and assets of $3K.
- 2011: Revenue of $0, expenses of $466, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David H Nutt Family Foundation:
Data Sources and Methodology
This transparency report for David H Nutt 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.