Doctor Family Foundation
Doctor Family Foundation consistently operates at a deficit, relying on stable assets with no officer compensation.
EIN: 202047965 · Pennington, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $174K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.0M |
| Transparency Score | 75/100 |
Is Doctor Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Doctor Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Doctor Family Foundation
Doctor Family Foundation (EIN: 202047965) is a nonprofit organization based in Pennington, NJ, classified under NTEE code T20. The organization reported total revenue of $1.9M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Doctor Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Doctor Family Foundation is a mid-size 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 -7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $174K |
| Surplus / Deficit | $-80,089 |
| Total Assets | $3.0M |
| Total Liabilities | $1 |
| Net Assets | $3.0M |
| Operating Margin | -84.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 203.1 months |
Financial Health Grade: B
In 2023, Doctor Family Foundation reported a deficit of $80K with expenses exceeding revenue, holds 203.1 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), Doctor Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.7% | -31.1% | -2.7% |
| 2022 | -45.0% | +22.0% | -3.1% |
| 2020 | -120.5% | +0.8% | -9.3% |
| 2019 | -17.1% | +43.3% | +16.2% |
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 Doctor Family Foundation with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Doctor Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $80K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for resource allocation given its asset base of nearly $3 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.
Red Flags
The following concerns were identified during AI analysis of Doctor Family Foundation's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) in recent years, such as $174,486 in expenses vs. $94,397 in revenue in 2023, indicating reliance on asset drawdowns.
- Negative revenue reported in 2020 (-$32,346), which could indicate significant investment losses or unusual accounting adjustments.
Strengths
The following positive indicators were identified for Doctor Family Foundation:
- Strong and stable asset base, consistently around $2.7 million to $3.3 million over the past decade, providing financial security.
- Virtually no liabilities reported ($0 or $1 across all filings), indicating excellent financial health and no debt burden.
- Consistent reporting of 0% officer compensation, suggesting a highly efficient and volunteer-driven leadership structure.
- Consistent IRS 990 filing history (10 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Doctor Family Foundation
Is Doctor Family Foundation a legitimate charity?
Doctor Family Foundation (EIN: 202047965) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Doctor Family Foundation spend its money?
Doctor Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Doctor Family Foundation tax-deductible?
Doctor Family Foundation is registered as a tax-exempt nonprofit (EIN: 202047965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Doctor Family Foundation CEO make?
Doctor Family Foundation's highest-compensated officer earns $3 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Doctor Family Foundation's spending goes to programs?
Doctor Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Doctor Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Doctor 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 Doctor Family Foundation located?
Doctor Family Foundation is headquartered in Pennington, New Jersey and files with the IRS under EIN 202047965. It is classified under NTEE code T20.
How many years of IRS 990 filings does Doctor Family Foundation have?
Doctor 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 $1.9M in total revenue.
Is Doctor Family Foundation a good charity?
Based on the available data, the Doctor Family Foundation demonstrates strong financial stability with substantial assets and no significant liabilities. The consistent reporting of zero officer compensation is a positive indicator of efficiency and dedication. However, the recurring operational deficits suggest a reliance on its endowment rather than generating sufficient annual revenue to cover expenses. Its effectiveness as a 'good charity' would depend on the impact of its grantmaking activities, which are not detailed in this financial data.
Why does the organization consistently have negative net revenue?
The organization consistently reports expenses exceeding revenue, leading to negative net revenue in most periods (e.g., -$80,089 in 2023, -$79,455 in 2022). This pattern suggests that the foundation is likely spending down its endowment or relying on investment returns not fully captured in the 'revenue' figure, or that its operational model involves distributing more than it takes in annually, which is common for grantmaking foundations with substantial assets.
How has the organization's asset base changed over time?
The organization's assets have remained remarkably stable over the past decade, fluctuating between approximately $2.7 million (2011) and $3.3 million (2019), and currently standing at $2,971,017. This indicates a well-managed endowment despite consistent operational deficits.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a significant strength, indicating that the organization's leadership is not drawing a salary from the foundation. This suggests a high level of volunteerism or that compensation is covered by an external entity, allowing more of the foundation's resources to be directed towards its mission.
Filing History
IRS 990 filing history for Doctor Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Doctor Family Foundation's revenue has declined by 59.7%, moving from $234K to $94K. Total assets increased by 8.5% over the same period, from $2.7M to $3.0M. Total functional expenses rose by 10.5%, from $158K to $174K. In its most recent filing year (2023), Doctor Family Foundation reported a deficit of $80K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $174K | $3.0M | $1 | — | View 990 |
| 2022 | $174K | $253K | $3.0M | $1 | — | View 990 |
| 2021 | $316K | $208K | $3.1M | $1 | — | View 990 |
| 2020 | $-32,346 | $250K | $3.0M | $1 | — | View 990 |
| 2019 | $158K | $248K | $3.3M | $1 | — | View 990 |
| 2015 | $191K | $173K | $2.9M | $0 | — | View 990 |
| 2014 | $163K | $207K | $2.8M | $0 | — | View 990 |
| 2013 | $262K | $181K | $2.9M | $0 | — | View 990 |
| 2012 | $201K | $153K | $2.8M | $0 | — | View 990 |
| 2011 | $234K | $158K | $2.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $174K, and assets of $3.0M (revenue -45.7% year-over-year).
- 2022: Revenue of $174K, expenses of $253K, and assets of $3.0M (revenue -45.0% year-over-year).
- 2021: Revenue of $316K, expenses of $208K, and assets of $3.1M.
- 2020: Revenue of $-32,346, expenses of $250K, and assets of $3.0M (revenue -120.5% year-over-year).
- 2019: Revenue of $158K, expenses of $248K, and assets of $3.3M (revenue -17.1% year-over-year).
- 2015: Revenue of $191K, expenses of $173K, and assets of $2.9M (revenue +17.0% year-over-year).
- 2014: Revenue of $163K, expenses of $207K, and assets of $2.8M (revenue -37.7% year-over-year).
- 2013: Revenue of $262K, expenses of $181K, and assets of $2.9M (revenue +30.4% year-over-year).
- 2012: Revenue of $201K, expenses of $153K, and assets of $2.8M (revenue -14.3% year-over-year).
- 2011: Revenue of $234K, expenses of $158K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Doctor Family Foundation:
Data Sources and Methodology
This transparency report for Doctor 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.