Davidson Family Foundation
Davidson Family Foundation's assets have steadily declined over the past decade, with expenses consistently exceeding reported revenue in recent years.
EIN: 201999768 · Draper, UT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $225K |
| Total Expenses | $114K |
| Program Spending | 90% |
| Net Assets | $2.0M |
| Transparency Score | 85/100 |
Is Davidson Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Davidson Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Davidson Family Foundation
Davidson Family Foundation (EIN: 201999768) is a nonprofit organization based in Draper, UT, classified under NTEE code T22. The organization reported total revenue of $225K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Davidson Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Davidson Family Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -22.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $114K |
| Surplus / Deficit | $-106,685 |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | -1461.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 212.8 months |
Financial Health Grade: B
In 2023, Davidson Family Foundation reported a deficit of $107K with expenses exceeding revenue, holds 212.8 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), Davidson Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -22.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -69.1% | -13.5% | -5.0% |
| 2022 | -79.9% | -13.6% | -4.8% |
| 2021 | -6.6% | -1.8% | -1.8% |
| 2020 | -1.6% | +5.0% | -1.0% |
| 2019 | -4.4% | +1.0% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Davidson Family 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, Davidson 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 $107K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Davidson Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers. This suggests a highly efficient operational model in terms of executive pay, or that the foundation is managed by unpaid volunteers.
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 Davidson Family Foundation's IRS 990 filings:
- Consistent decline in total assets over the past decade, from $2,388,513 in 2011 to $2,021,663 in 2023.
- Expenses consistently exceeding reported revenue in recent years (e.g., 2023 expenses of $113,983 vs. revenue of $7,298), indicating reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Davidson Family Foundation:
- Zero reported officer compensation across all filings, indicating high efficiency in executive pay.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Very low liabilities reported across most years, suggesting sound financial management of debt.
Frequently Asked Questions about Davidson Family Foundation
Is Davidson Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Davidson Family Foundation (EIN: 201999768) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Davidson Family Foundation spend its money?
Davidson Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Davidson Family Foundation tax-deductible?
Davidson Family Foundation is registered as a tax-exempt nonprofit (EIN: 201999768). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Davidson Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Davidson 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 Davidson Family Foundation located?
Davidson Family Foundation is headquartered in Draper, Utah and files with the IRS under EIN 201999768. It is classified under NTEE code T22.
How many years of IRS 990 filings does Davidson Family Foundation have?
Davidson 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 $225K in total revenue.
Why have the foundation's assets been consistently declining?
The foundation's assets have decreased from $2,388,513 in 2011 to $2,021,663 in 2023. This decline is likely due to expenses consistently exceeding reported revenue, particularly in recent years (e.g., $113,983 in expenses vs. $7,298 in revenue in 2023), suggesting the foundation is spending down its principal or relying on investment income not fully reflected in the revenue figures.
What is the primary source of the foundation's revenue?
While specific sources aren't detailed in the provided summary, the consistent revenue figures over the years, despite recent declines, suggest a mix of investment income and potentially contributions. Given it's a foundation, investment returns are typically a significant component.
How does the lack of officer compensation impact the foundation's operations?
The 0% officer compensation reported across all filings indicates that the foundation's leadership is either unpaid or compensated through other means not classified as officer compensation. This significantly reduces administrative overhead and suggests a strong commitment to directing funds towards its mission.
Filing History
IRS 990 filing history for Davidson Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Davidson Family Foundation's revenue has declined by 94.9%, moving from $145K to $7K. Total assets decreased by 15.4% over the same period, from $2.4M to $2.0M. Total functional expenses fell by 22.5%, from $147K to $114K. In its most recent filing year (2023), Davidson Family Foundation reported a deficit of $107K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $114K | $2.0M | $1 | — | — |
| 2022 | $24K | $132K | $2.1M | $1 | — | View 990 |
| 2021 | $117K | $153K | $2.2M | $1 | — | — |
| 2020 | $126K | $155K | $2.3M | $7K | — | — |
| 2019 | $128K | $148K | $2.3M | $1 | — | View 990 |
| 2015 | $134K | $146K | $2.4M | $0 | — | View 990 |
| 2014 | $138K | $139K | $2.4M | $0 | — | View 990 |
| 2013 | $143K | $147K | $2.4M | $0 | — | View 990 |
| 2012 | $147K | $142K | $2.4M | $0 | — | View 990 |
| 2011 | $145K | $147K | $2.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $114K, and assets of $2.0M (revenue -69.1% year-over-year).
- 2022: Revenue of $24K, expenses of $132K, and assets of $2.1M (revenue -79.9% year-over-year).
- 2021: Revenue of $117K, expenses of $153K, and assets of $2.2M (revenue -6.6% year-over-year).
- 2020: Revenue of $126K, expenses of $155K, and assets of $2.3M (revenue -1.6% year-over-year).
- 2019: Revenue of $128K, expenses of $148K, and assets of $2.3M (revenue -4.4% year-over-year).
- 2015: Revenue of $134K, expenses of $146K, and assets of $2.4M (revenue -3.3% year-over-year).
- 2014: Revenue of $138K, expenses of $139K, and assets of $2.4M (revenue -3.2% year-over-year).
- 2013: Revenue of $143K, expenses of $147K, and assets of $2.4M (revenue -2.9% year-over-year).
- 2012: Revenue of $147K, expenses of $142K, and assets of $2.4M (revenue +1.8% year-over-year).
- 2011: Revenue of $145K, expenses of $147K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Davidson Family Foundation:
Data Sources and Methodology
This transparency report for Davidson 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.