Ekedahl Family Foundation Inc
Ekedahl Family Foundation shows fluctuating revenues and expenses, with no officer compensation reported.
EIN: 200458802 · Hilton Head, SC · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $99K |
| Program Spending | 90% |
| Net Assets | $59K |
| Transparency Score | 85/100 |
Is Ekedahl Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ekedahl Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ekedahl Family Foundation Inc
Ekedahl Family Foundation Inc (EIN: 200458802) is a nonprofit organization based in Hilton Head, SC, classified under NTEE code T20. The organization reported total revenue of $204K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ekedahl Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ekedahl Family Foundation Inc is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $99K |
| Surplus / Deficit | +$2K |
| Total Assets | $59K |
| Total Liabilities | $1 |
| Net Assets | $59K |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2023, Ekedahl Family Foundation Inc reported a surplus of $2K with revenue exceeding expenses, holds 7.1 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), Ekedahl Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.7% | -13.9% | +3.9% |
| 2022 | -77.3% | -42.6% | -50.4% |
| 2021 | +132.0% | -14.2% | +86.6% |
| 2020 | +2.7% | +68.0% | -67.1% |
| 2019 | -5.2% | +598.1% | -20.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Ekedahl Family Foundation Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Ekedahl Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Ekedahl Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for a foundation of its size.
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 Ekedahl Family Foundation Inc's IRS 990 filings:
- Significant decline in assets over the past decade (from $234,434 in 2015 to $56,331 currently).
- Frequent periods where expenses substantially exceed revenue, indicating potential reliance on dwindling reserves (e.g., 2022 expenses $114,962 vs. revenue $57,604).
Strengths
The following positive indicators were identified for Ekedahl Family Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities.
- Minimal to no liabilities reported across all filings, suggesting sound debt management.
- Consistent filing of IRS Form 990s, demonstrating good transparency.
Frequently Asked Questions about Ekedahl Family Foundation Inc
Is Ekedahl Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ekedahl Family Foundation Inc (EIN: 200458802) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Ekedahl Family Foundation Inc spend its money?
Ekedahl Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ekedahl Family Foundation Inc tax-deductible?
Ekedahl Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200458802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ekedahl Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ekedahl Family Foundation Inc 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 Ekedahl Family Foundation Inc located?
Ekedahl Family Foundation Inc is headquartered in Hilton Head, South Carolina and files with the IRS under EIN 200458802. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ekedahl Family Foundation Inc have?
Ekedahl 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 $204K in total revenue.
What are the primary grant-making activities of the Ekedahl Family Foundation?
As a T20 (Foundations) organization, its primary activity is typically making grants to other organizations or individuals. The provided data does not specify the beneficiaries or types of grants.
How does the foundation manage its significant expense fluctuations relative to revenue?
The foundation has experienced periods where expenses far exceeded revenue (e.g., 2022 and 2020). This suggests a reliance on accumulated assets or prior year surpluses to cover operational and grant-making costs during leaner revenue years.
What is the long-term strategy for asset management given the decline from $234,434 in 2015 to $56,331 currently?
The foundation's assets have significantly decreased over time, from a high of $234,434 in 2015 to $56,331 in the latest filing. This trend, coupled with periods of expenses exceeding revenue, raises questions about the sustainability of its asset base and long-term financial strategy.
Filing History
IRS 990 filing history for Ekedahl Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ekedahl Family Foundation Inc's revenue has grown by 746.4%, moving from $12K to $101K. Total assets decreased by 73.6% over the same period, from $223K to $59K. Total functional expenses rose by 7.4%, from $92K to $99K. In its most recent filing year (2023), Ekedahl Family Foundation Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $1 in liabilities against $59K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $59K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101K | $99K | $59K | $1 | — | — |
| 2022 | $58K | $115K | $56K | $1 | — | View 990 |
| 2021 | $253K | $200K | $114K | $1 | — | — |
| 2020 | $109K | $234K | $61K | $1 | — | View 990 |
| 2019 | $106K | $139K | $185K | $0 | — | View 990 |
| 2015 | $112K | $20K | $234K | $0 | — | View 990 |
| 2014 | $132K | $88K | $142K | $0 | — | View 990 |
| 2013 | $21K | $86K | $99K | $0 | — | View 990 |
| 2012 | $26K | $84K | $165K | $0 | — | View 990 |
| 2011 | $12K | $92K | $223K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101K, expenses of $99K, and assets of $59K (revenue +75.7% year-over-year).
- 2022: Revenue of $58K, expenses of $115K, and assets of $56K (revenue -77.3% year-over-year).
- 2021: Revenue of $253K, expenses of $200K, and assets of $114K (revenue +132.0% year-over-year).
- 2020: Revenue of $109K, expenses of $234K, and assets of $61K (revenue +2.7% year-over-year).
- 2019: Revenue of $106K, expenses of $139K, and assets of $185K (revenue -5.2% year-over-year).
- 2015: Revenue of $112K, expenses of $20K, and assets of $234K (revenue -14.9% year-over-year).
- 2014: Revenue of $132K, expenses of $88K, and assets of $142K (revenue +542.8% year-over-year).
- 2013: Revenue of $21K, expenses of $86K, and assets of $99K (revenue -19.9% year-over-year).
- 2012: Revenue of $26K, expenses of $84K, and assets of $165K (revenue +114.2% year-over-year).
- 2011: Revenue of $12K, expenses of $92K, and assets of $223K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ekedahl Family Foundation Inc:
Data Sources and Methodology
This transparency report for Ekedahl 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.