Draney Family Foundation
Draney Family Foundation consistently spends more than its revenue, drawing down assets over the past decade.
EIN: 202654475 · Reno, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $167K |
| Total Expenses | $133K |
| Program Spending | 85% |
| Net Assets | $712K |
| Transparency Score | 75/100 |
Is Draney Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Draney Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Draney Family Foundation
Draney Family Foundation (EIN: 202654475) is a nonprofit organization based in Reno, NV, classified under NTEE code T22. The organization reported total revenue of $167K and total assets of $762K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Draney Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Draney Family Foundation is a small nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $133K |
| Surplus / Deficit | $-30,323 |
| Total Assets | $762K |
| Total Liabilities | $50K |
| Net Assets | $712K |
| Operating Margin | -29.4% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 68.5 months |
Financial Health Grade: B
In 2022, Draney Family Foundation reported a deficit of $30K with expenses exceeding revenue, holds 68.5 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Draney Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -23.8% | -10.8% | -3.8% |
| 2021 | +2766.5% | +70.1% | -1.8% |
| 2020 | -89.0% | -33.0% | -4.0% |
| 2019 | +310.5% | +144.0% | -2.8% |
| 2015 | -66.5% | -56.8% | -4.8% |
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 Draney 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: 85%
- fundraising: 0%
According to IRS 990 filings, Draney Family Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's officers are not compensated, which is highly favorable for efficiency.
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 Draney Family Foundation's IRS 990 filings:
- Consistent deficit spending, with expenses exceeding revenue in most reported periods (e.g., $133,370 expenses vs. $103,047 revenue in 2022).
- Significant decline in assets over time, from $1,181,240 in 2011 to $761,807 in 2022, indicating a draw-down of capital.
Strengths
The following positive indicators were identified for Draney Family Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication from leadership.
- Regular and consistent IRS 990 filing history, demonstrating good transparency.
- Clear focus as a private grantmaking foundation, suggesting direct support to other charitable causes.
Frequently Asked Questions about Draney Family Foundation
Is Draney Family Foundation a legitimate charity?
Draney Family Foundation (EIN: 202654475) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $167K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Draney Family Foundation spend its money?
Draney Family Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Draney Family Foundation tax-deductible?
Draney Family Foundation is registered as a tax-exempt nonprofit (EIN: 202654475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Draney Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Draney 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 Draney Family Foundation located?
Draney Family Foundation is headquartered in Reno, Nevada and files with the IRS under EIN 202654475. It is classified under NTEE code T22.
How many years of IRS 990 filings does Draney Family Foundation have?
Draney Family Foundation has 9 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 $167K in total revenue.
Is the Draney Family Foundation financially sustainable long-term?
The foundation has consistently spent more than its revenue for over a decade, leading to a decrease in assets from $1,181,240 in 2011 to $761,807 in 2022. This trend suggests that current spending levels are not sustainable without increased revenue or a planned spend-down of assets.
What are the primary expenses of the Draney Family Foundation?
While specific expense breakdowns are not provided in the summary data, as a private grantmaking foundation (NTEE T22), its primary expenses are typically grants paid out (program services) and associated administrative costs. The consistent 0% officer compensation indicates administrative costs are not driven by executive salaries.
Why have the foundation's liabilities increased?
Liabilities increased from $1 in earlier filings (e.g., 2011-2015) to $50,000 in recent filings (e.g., 2020-2022). Without further detail from the 990 forms, the specific reason for this increase is unclear, but it could relate to grants payable or other operational obligations.
Filing History
IRS 990 filing history for Draney Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Draney Family Foundation's revenue has grown by 402.4%, moving from $21K to $103K. Total assets decreased by 35.5% over the same period, from $1.2M to $762K. Total functional expenses rose by 67.5%, from $80K to $133K. In its most recent filing year (2022), Draney Family Foundation reported a deficit of $30K, with expenses exceeding revenue. The organization holds $50K in liabilities against $762K in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $712K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $103K | $133K | $762K | $50K | — | View 990 |
| 2021 | $135K | $150K | $792K | $50K | — | View 990 |
| 2020 | $5K | $88K | $806K | $50K | — | View 990 |
| 2019 | $43K | $131K | $840K | $1 | — | View 990 |
| 2015 | $10K | $54K | $864K | $1 | — | View 990 |
| 2014 | $31K | $125K | $907K | $1 | — | View 990 |
| 2013 | $33K | $131K | $1.0M | $1 | — | View 990 |
| 2012 | $13K | $95K | $1.1M | $1 | — | View 990 |
| 2011 | $21K | $80K | $1.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $103K, expenses of $133K, and assets of $762K (revenue -23.8% year-over-year).
- 2021: Revenue of $135K, expenses of $150K, and assets of $792K (revenue +2766.5% year-over-year).
- 2020: Revenue of $5K, expenses of $88K, and assets of $806K (revenue -89.0% year-over-year).
- 2019: Revenue of $43K, expenses of $131K, and assets of $840K (revenue +310.5% year-over-year).
- 2015: Revenue of $10K, expenses of $54K, and assets of $864K (revenue -66.5% year-over-year).
- 2014: Revenue of $31K, expenses of $125K, and assets of $907K (revenue -5.4% year-over-year).
- 2013: Revenue of $33K, expenses of $131K, and assets of $1.0M (revenue +161.8% year-over-year).
- 2012: Revenue of $13K, expenses of $95K, and assets of $1.1M (revenue -38.6% year-over-year).
- 2011: Revenue of $21K, expenses of $80K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Draney Family Foundation:
Data Sources and Methodology
This transparency report for Draney 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.