Eagle Foundation
Eagle Foundation maintains strong asset base and zero officer compensation amidst fluctuating revenues.
EIN: 208070601 · Chaska, MN · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.3M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $26 |
| Net Assets | $26.3M |
| Transparency Score | 95/100 |
Is Eagle Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eagle Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eagle Foundation
Eagle Foundation (EIN: 208070601) is a nonprofit organization based in Chaska, MN, classified under NTEE code B82. The organization reported total revenue of $8.3M and total assets of $26.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eagle Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eagle Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.5% | +9.7% | -4.1% |
| 2022 | -79.1% | -11.3% | +2.4% |
| 2021 | +772.1% | -8.5% | +33.9% |
| 2020 | +60.3% | -55.5% | -1.7% |
| 2019 | -65.9% | +166.6% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Eagle Foundation with a Mission Score of 95 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: 90%
- fundraising: 5%
According to IRS 990 filings, Eagle Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly unusual for an organization with assets exceeding $26 million and annual expenses often over $1 million, suggesting a volunteer-led executive team or compensation handled through an affiliated entity not reflected in these filings.
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 Eagle Foundation's IRS 990 filings:
- Significant revenue volatility, including negative revenue in 2023, which could indicate unpredictable funding streams or accounting adjustments.
- Unusually low liabilities ($1) consistently reported, which might warrant further investigation into financial structure or potential off-balance sheet arrangements.
Strengths
The following positive indicators were identified for Eagle Foundation:
- Exceptional financial stability with substantial assets ($26,102,885) and minimal liabilities ($1).
- Outstanding transparency and commitment to mission, evidenced by 0% officer compensation across all filings.
- Consistent expense management, generally keeping annual expenses around $1 million to $1.2 million despite revenue fluctuations.
- Strong asset growth over the decade, from $14,211,254 in 2011 to $26,102,885 currently.
Frequently Asked Questions about Eagle Foundation
Is Eagle Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Eagle Foundation (EIN: 208070601) some concerns. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
How does Eagle Foundation spend its money?
Eagle Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eagle Foundation tax-deductible?
Eagle Foundation is registered as a tax-exempt nonprofit (EIN: 208070601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Eagle Foundation CEO make?
Eagle Foundation's highest-compensated officer earns $26 annually. The organization reported $8.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Eagle Foundation's spending goes to programs?
Eagle Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eagle Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Eagle Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eagle Foundation located?
Eagle Foundation is headquartered in Chaska, Minnesota and files with the IRS under EIN 208070601. It is classified under NTEE code B82.
How many years of IRS 990 filings does Eagle Foundation have?
Eagle 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 $8.3M in total revenue.
How does Eagle Foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be entirely volunteer-based, or compensation is provided by an affiliated entity not detailed in these specific 990 filings. This is a highly efficient model for directing funds to programs.
What caused the significant revenue fluctuations, such as $-8,860 in 2023 and $7,934,081 in 2021?
The extreme fluctuations in revenue, including a negative figure in 2023 and a high in 2021, suggest that the organization may rely on large, infrequent grants, specific project funding, or significant investment gains/losses. A negative revenue could indicate substantial returns or allowances that exceeded gross receipts in that period.
What was the reason for the expense spike to $2,841,636 in 2019?
The expense spike in 2019, significantly higher than the typical $1 million to $1.2 million, likely indicates a major program initiative, capital expenditure, or a one-time project undertaken in that year. Further detail would require examining the full 990 for that period.
Filing History
IRS 990 filing history for Eagle Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Eagle Foundation's revenue has declined by 100.3%, moving from $3.0M to $-8,860. Total assets increased by 84.9% over the same period, from $14.2M to $26.3M. Total functional expenses rose by 23.6%, from $911K to $1.1M. The organization holds $1 in liabilities against $26.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-8,860 | $1.1M | $26.3M | $1 | — | — |
| 2022 | $1.7M | $1.0M | $27.4M | $1 | — | View 990 |
| 2021 | $7.9M | $1.2M | $26.8M | $1 | — | View 990 |
| 2020 | $910K | $1.3M | $20.0M | $1 | — | View 990 |
| 2019 | $568K | $2.8M | $20.4M | $1 | — | View 990 |
| 2015 | $1.7M | $1.1M | $19.1M | $1 | — | View 990 |
| 2014 | $4.4M | $1.0M | $19.6M | $1.1M | — | View 990 |
| 2013 | $1.5M | $1.7M | $15.1M | $1 | — | View 990 |
| 2012 | $2.0M | $1.0M | $15.3M | $1 | — | View 990 |
| 2011 | $3.0M | $911K | $14.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-8,860, expenses of $1.1M, and assets of $26.3M (revenue -100.5% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.0M, and assets of $27.4M (revenue -79.1% year-over-year).
- 2021: Revenue of $7.9M, expenses of $1.2M, and assets of $26.8M (revenue +772.1% year-over-year).
- 2020: Revenue of $910K, expenses of $1.3M, and assets of $20.0M (revenue +60.3% year-over-year).
- 2019: Revenue of $568K, expenses of $2.8M, and assets of $20.4M (revenue -65.9% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.1M, and assets of $19.1M (revenue -62.0% year-over-year).
- 2014: Revenue of $4.4M, expenses of $1.0M, and assets of $19.6M (revenue +195.0% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.7M, and assets of $15.1M (revenue -24.2% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.0M, and assets of $15.3M (revenue -34.9% year-over-year).
- 2011: Revenue of $3.0M, expenses of $911K, and assets of $14.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eagle Foundation:
Data Sources and Methodology
This transparency report for Eagle 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.