David S Vandenburgh Familyfoundation
David S Vandenburgh Familyfoundation consistently operates without officer compensation, growing assets to over $7.6 million.
EIN: 208073833 · Phoenix, AZ · NTEE: T22 · Updated: 2026-03-28
Is David S Vandenburgh Familyfoundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David S Vandenburgh Familyfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David S Vandenburgh Familyfoundation
David S Vandenburgh Familyfoundation (EIN: 208073833) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code T22. The organization reported total revenue of $2.4M and total assets of $9.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David S Vandenburgh Familyfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David S Vandenburgh Familyfoundation is a mid-size 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 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $512K |
| Surplus / Deficit | +$636K |
| Total Assets | $7.6M |
| Total Liabilities | $1 |
| Net Assets | $7.6M |
| Operating Margin | 55.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 179.2 months |
Financial Health Grade: A
In 2023, David S Vandenburgh Familyfoundation reported a surplus of $636K with revenue exceeding expenses, holds 179.2 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), David S Vandenburgh Familyfoundation's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +336.1% | +155.5% | +15.8% |
| 2022 | -54.8% | -48.7% | -17.2% |
| 2020 | -118.7% | -21.5% | -1.2% |
| 2019 | +1020.3% | +200.7% | +143.4% |
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 S Vandenburgh Familyfoundation 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 S Vandenburgh Familyfoundation 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 $636K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has been consistently reported as 0% across all available filing periods, indicating that the foundation's leadership is either unpaid or compensated through other means not classified as officer compensation, 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.
Strengths
The following positive indicators were identified for David S Vandenburgh Familyfoundation:
- Consistent 0% officer compensation across all reported periods, indicating high efficiency.
- Significant asset growth from $727,396 in 2011 to $7,642,616 in 2023, demonstrating strong financial management.
- Extremely low liabilities ($0 or $1) across all filings, indicating financial stability and minimal debt.
- Strong program focus implied by the nature of a family foundation and lack of executive compensation.
- Positive net assets and ability to sustain operations despite revenue fluctuations.
Frequently Asked Questions about David S Vandenburgh Familyfoundation
Is David S Vandenburgh Familyfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, David S Vandenburgh Familyfoundation (EIN: 208073833) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does David S Vandenburgh Familyfoundation spend its money?
David S Vandenburgh Familyfoundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to David S Vandenburgh Familyfoundation tax-deductible?
David S Vandenburgh Familyfoundation is registered as a tax-exempt nonprofit (EIN: 208073833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the foundation manage its investments given the fluctuating revenue?
The foundation's assets have grown significantly from $727,396 in 2011 to $7,642,616 in 2023, despite periods of negative revenue (e.g., -$350,154 in 2020), suggesting effective long-term investment strategies that have built substantial reserves.
What specific programs does the David S Vandenburgh Familyfoundation support?
While the NTEE code T22 indicates 'Private Grantmaking Foundations', the provided data does not detail the specific programs or beneficiaries of the foundation's grants. Further investigation of their public filings would be needed for this information.
Is the foundation's low liability a sign of good financial health?
Yes, the consistent reporting of liabilities at $0 or $1 across all periods is a strong indicator of excellent financial health and minimal debt, allowing more resources to be directed towards its mission.
Filing History
IRS 990 filing history for David S Vandenburgh Familyfoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), David S Vandenburgh Familyfoundation's revenue has grown by 230.5%, moving from $347K to $1.1M. Total assets increased by 950.7% over the same period, from $727K to $7.6M. Total functional expenses rose by 1351.8%, from $35K to $512K. In its most recent filing year (2023), David S Vandenburgh Familyfoundation reported a surplus of $636K, with revenue exceeding expenses. The organization holds $1 in liabilities against $7.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $512K | $7.6M | $1 | — | — |
| 2022 | $263K | $200K | $6.6M | $1 | — | View 990 |
| 2021 | $582K | $391K | $8.0M | $1 | — | View 990 |
| 2020 | $-350,154 | $186K | $5.8M | $1 | — | View 990 |
| 2019 | $1.9M | $237K | $5.8M | $1 | — | View 990 |
| 2015 | $167K | $79K | $2.4M | $0 | — | View 990 |
| 2014 | $289K | $229K | $2.5M | $0 | — | View 990 |
| 2013 | $89K | $89K | $2.6M | $0 | — | View 990 |
| 2012 | $1.9M | $34K | $2.5M | $0 | — | View 990 |
| 2011 | $347K | $35K | $727K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $512K, and assets of $7.6M (revenue +336.1% year-over-year).
- 2022: Revenue of $263K, expenses of $200K, and assets of $6.6M (revenue -54.8% year-over-year).
- 2021: Revenue of $582K, expenses of $391K, and assets of $8.0M.
- 2020: Revenue of $-350,154, expenses of $186K, and assets of $5.8M (revenue -118.7% year-over-year).
- 2019: Revenue of $1.9M, expenses of $237K, and assets of $5.8M (revenue +1020.3% year-over-year).
- 2015: Revenue of $167K, expenses of $79K, and assets of $2.4M (revenue -42.3% year-over-year).
- 2014: Revenue of $289K, expenses of $229K, and assets of $2.5M (revenue +225.3% year-over-year).
- 2013: Revenue of $89K, expenses of $89K, and assets of $2.6M (revenue -95.2% year-over-year).
- 2012: Revenue of $1.9M, expenses of $34K, and assets of $2.5M (revenue +433.3% year-over-year).
- 2011: Revenue of $347K, expenses of $35K, and assets of $727K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David S Vandenburgh Familyfoundation:
Data Sources and Methodology
This transparency report for David S Vandenburgh Familyfoundation 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.