Eagan Family Foundation Inc
Eagan Family Foundation maintains strong asset base with zero officer compensation.
EIN: 134085533 · Park Ridge, NJ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $505K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $8.3M |
| Transparency Score | 92/100 |
Is Eagan Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eagan Family Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eagan Family Foundation Inc
Eagan Family Foundation Inc (EIN: 134085533) is a nonprofit organization based in Park Ridge, NJ, classified under NTEE code T22. The organization reported total revenue of $4.0M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eagan Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eagan Family Foundation Inc is a mid-size nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 17.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $261K |
| Total Expenses | $505K |
| Surplus / Deficit | $-244,097 |
| Total Assets | $8.3M |
| Total Liabilities | $1 |
| Net Assets | $8.3M |
| Operating Margin | -93.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 197.1 months |
Financial Health Grade: B
In 2023, Eagan Family Foundation Inc reported a deficit of $244K with expenses exceeding revenue, holds 197.1 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 (2010–2023), Eagan Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.4% | -12.4% | +5.8% |
| 2022 | +18.3% | +11.4% | -20.9% |
| 2021 | -18.5% | +23.1% | +35.2% |
| 2019 | +123.4% | +212.4% | +476.5% |
| 2015 | +13.8% | +7.1% | -18.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Eagan Family Foundation Inc with a Mission Score of 92 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Eagan Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $244K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's officers are unpaid, which is highly commendable for a foundation of its size with assets exceeding $8 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.
Strengths
The following positive indicators were identified for Eagan Family Foundation Inc:
- Zero officer compensation reported across all filings, indicating high efficiency.
- Significant growth in assets from $1.2 million in 2010 to $8.2 million in 2023.
- Consistent history of IRS 990 filings, demonstrating strong transparency.
- Minimal liabilities reported ($0 or $1) across all periods, indicating sound financial management.
- Stable financial operations consistent with a private grantmaking foundation model.
Frequently Asked Questions about Eagan Family Foundation Inc
Is Eagan Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eagan Family Foundation Inc (EIN: 134085533) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Eagan Family Foundation Inc spend its money?
Eagan Family Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eagan Family Foundation Inc tax-deductible?
Eagan Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134085533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Eagan Family Foundation Inc CEO make?
Eagan Family Foundation Inc's highest-compensated officer earns $8 annually. The organization reported $4.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Eagan Family Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Eagan Family Foundation Inc 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 Eagan Family Foundation Inc located?
Eagan Family Foundation Inc is headquartered in Park Ridge, New Jersey and files with the IRS under EIN 134085533. It is classified under NTEE code T22.
How many years of IRS 990 filings does Eagan Family Foundation Inc have?
Eagan Family Foundation Inc 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 $4.0M in total revenue.
Is Eagan Family Foundation Inc. a good charity?
Based on the available data, Eagan Family Foundation Inc. appears to be a very good charity, particularly for those interested in supporting a private grantmaking foundation. It demonstrates strong financial health, excellent spending efficiency with no officer compensation, and consistent transparency through its IRS filings.
How has the foundation's asset base changed over time?
The foundation's assets have grown substantially, from approximately $1.2 million in 2010 to $8.2 million in 2023, indicating successful investment and management of its endowment.
Does the foundation spend efficiently?
Yes, the foundation appears to spend very efficiently, primarily due to reporting 0% officer compensation across all filings. This suggests that a very high proportion of its expenses are directed towards its programmatic grants and essential operational costs.
Filing History
IRS 990 filing history for Eagan Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2023), Eagan Family Foundation Inc's revenue has grown by 727.2%, moving from $32K to $261K. Total assets increased by 541.6% over the same period, from $1.3M to $8.3M. Total functional expenses rose by 456.7%, from $91K to $505K. In its most recent filing year (2023), Eagan Family Foundation Inc reported a deficit of $244K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $261K | $505K | $8.3M | $1 | — | — |
| 2022 | $359K | $577K | $7.8M | $1 | — | View 990 |
| 2021 | $304K | $518K | $9.9M | $1 | — | View 990 |
| 2019 | $373K | $421K | $7.3M | $0 | — | View 990 |
| 2015 | $167K | $135K | $1.3M | $1 | — | View 990 |
| 2014 | $147K | $126K | $1.6M | $0 | — | View 990 |
| 2013 | $67K | $125K | $1.6M | $0 | — | View 990 |
| 2012 | $36K | $66K | $1 | $0 | — | View 990 |
| 2011 | $32K | $90K | $1.2M | $0 | — | View 990 |
| 2010 | $32K | $91K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $261K, expenses of $505K, and assets of $8.3M (revenue -27.4% year-over-year).
- 2022: Revenue of $359K, expenses of $577K, and assets of $7.8M (revenue +18.3% year-over-year).
- 2021: Revenue of $304K, expenses of $518K, and assets of $9.9M (revenue -18.5% year-over-year).
- 2019: Revenue of $373K, expenses of $421K, and assets of $7.3M (revenue +123.4% year-over-year).
- 2015: Revenue of $167K, expenses of $135K, and assets of $1.3M (revenue +13.8% year-over-year).
- 2014: Revenue of $147K, expenses of $126K, and assets of $1.6M (revenue +118.3% year-over-year).
- 2013: Revenue of $67K, expenses of $125K, and assets of $1.6M (revenue +84.3% year-over-year).
- 2012: Revenue of $36K, expenses of $66K, and assets of $1 (revenue +13.6% year-over-year).
- 2011: Revenue of $32K, expenses of $90K, and assets of $1.2M (revenue +1.7% year-over-year).
- 2010: Revenue of $32K, expenses of $91K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eagan Family Foundation Inc:
Data Sources and Methodology
This transparency report for Eagan Family Foundation Inc 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.