Davis Phinney Foundation

Davis Phinney Foundation shows consistent asset growth and positive financial margins with no reported officer compensation.

EIN: 200813566 · Louisville, CO · Updated: 2026-03-28

$7.0MRevenue

$5.2MAssets

85/100Mission Score (Excellent)

About Davis Phinney Foundation

Davis Phinney Foundation (EIN: 200813566) is a nonprofit organization based in Louisville, CO. The organization reported total revenue of $7.0M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Davis Phinney Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Davis Phinney Foundation demonstrates a generally healthy financial position with consistent revenue growth over the past decade, peaking at $4,171,939 in 2020 before stabilizing around $3 million in recent years. The organization has maintained a positive net asset position, growing from $1,076,416 in 2014 to $5,093,025 in 2023, indicating sound financial management and accumulation of reserves. Their spending efficiency appears strong, with expenses consistently lower than revenue, allowing for asset growth. For instance, in 2023, revenues were $3,779,269 against expenses of $3,617,713, resulting in a surplus.

The foundation's transparency is commendable regarding executive compensation, as reported officer compensation has been 0% across all available filings. This suggests that key leadership may be volunteers or compensated through other means not categorized as 'officer compensation' on the 990, or that the organization has a very lean administrative structure at the top. Further details on program spending versus administrative and fundraising costs would provide a more complete picture of their operational efficiency, but the overall financial trends suggest a well-managed and fiscally responsible organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Davis Phinney 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: 80%
fundraising: 10%

According to IRS 990 filings, Davis Phinney Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Davis Phinney Foundation consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue, suggesting either a volunteer leadership model or compensation structured in a way not reported as 'officer compensation' on the 990.

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 Davis Phinney Foundation's IRS 990 filings:

Unusually low (0%) reported officer compensation across all filings, which may warrant further investigation into how leadership is compensated or if key roles are entirely volunteer-based.

Strengths

The following positive indicators were identified for Davis Phinney Foundation:

Consistent positive net income, with revenues exceeding expenses in most reported periods (e.g., $3,779,269 revenue vs. $3,617,713 expenses in 2023).
Strong and consistent asset growth over the past decade, from $1,076,416 in 2014 to $5,093,025 in 2023.
Low liabilities relative to assets, indicating a healthy balance sheet (e.g., $651,526 liabilities vs. $5,093,025 assets in 2023).
Apparent commitment to minimizing top-level administrative costs, as indicated by 0% reported officer compensation.

Frequently Asked Questions about Davis Phinney Foundation

Is Davis Phinney Foundation a good charity?

Based on its financial health, consistent asset growth, and reported 0% officer compensation, the Davis Phinney Foundation appears to be a well-managed and fiscally responsible organization. Its ability to consistently operate with a surplus and grow its assets suggests effective use of donations.

How has the organization's revenue trended over the last few years?

The organization's revenue has shown some fluctuation but generally positive growth. It peaked at $4,171,939 in 2020, then saw $3,307,170 in 2021, $2,944,853 in 2022, and $3,779,269 in 2023, indicating a recovery in recent years.

What is the organization's asset growth like?

The Davis Phinney Foundation has demonstrated strong asset growth, increasing from $1,076,416 in 2014 to $5,093,025 in 2023. This consistent growth indicates sound financial management and the accumulation of reserves.

Filing History

IRS 990 filing history for Davis Phinney Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Davis Phinney Foundation's revenue has grown by 282.1%, moving from $989K to $3.8M. Total assets increased by 978% over the same period, from $472K to $5.1M. Total functional expenses rose by 233.4%, from $1.1M to $3.6M. In its most recent filing year (2023), Davis Phinney Foundation reported a surplus of $162K, with revenue exceeding expenses. The organization holds $652K in liabilities against $5.1M in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $4.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.8M	$3.6M	$5.1M	$652K	—	View 990
2022	$2.9M	$2.9M	$5.0M	$676K	—	View 990
2021	$3.3M	$2.6M	$5.4M	$605K	—	—
2020	$4.2M	$2.0M	$4.6M	$535K	—	View 990
2019	$2.9M	$2.6M	$2.2M	$326K	—	View 990
2018	$2.5M	$2.3M	$2.2M	$654K	—	View 990
2017	$2.1M	$1.9M	$1.9M	$554K	—	View 990
2016	$1.9M	$1.7M	$1.5M	$352K	—	View 990
2015	$1.6M	$1.4M	$1.3M	$326K	—	View 990
2014	$1.4M	$1.3M	$1.1M	$328K	—	View 990
2013	$1.1M	$1.1M	$847K	$200K	—	View 990
2012	$1.1M	$805K	$618K	$31K	—	View 990
2011	$989K	$1.1M	$472K	$133K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.8M, expenses of $3.6M, and assets of $5.1M (revenue +28.3% year-over-year).
2022: Revenue of $2.9M, expenses of $2.9M, and assets of $5.0M (revenue -11.0% year-over-year).
2021: Revenue of $3.3M, expenses of $2.6M, and assets of $5.4M (revenue -20.7% year-over-year).
2020: Revenue of $4.2M, expenses of $2.0M, and assets of $4.6M (revenue +44.0% year-over-year).
2019: Revenue of $2.9M, expenses of $2.6M, and assets of $2.2M (revenue +14.7% year-over-year).
2018: Revenue of $2.5M, expenses of $2.3M, and assets of $2.2M (revenue +18.4% year-over-year).
2017: Revenue of $2.1M, expenses of $1.9M, and assets of $1.9M (revenue +13.9% year-over-year).
2016: Revenue of $1.9M, expenses of $1.7M, and assets of $1.5M (revenue +18.3% year-over-year).
2015: Revenue of $1.6M, expenses of $1.4M, and assets of $1.3M (revenue +11.3% year-over-year).
2014: Revenue of $1.4M, expenses of $1.3M, and assets of $1.1M (revenue +23.8% year-over-year).
2013: Revenue of $1.1M, expenses of $1.1M, and assets of $847K (revenue +9.1% year-over-year).
2012: Revenue of $1.1M, expenses of $805K, and assets of $618K (revenue +6.5% year-over-year).
2011: Revenue of $989K, expenses of $1.1M, and assets of $472K.

Data Sources and Methodology

This transparency report for Davis Phinney 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.