Elsberry Family Foundation
Elsberry Family Foundation's assets have declined by over 60% in a decade, with expenses consistently exceeding revenue.
EIN: 203956294 · Leawood, KS · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34K |
| Total Expenses | $83K |
| Program Spending | 85% |
| Net Assets | $439K |
| Transparency Score | 65/100 |
Is Elsberry Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elsberry Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elsberry Family Foundation
Elsberry Family Foundation (EIN: 203956294) is a nonprofit organization based in Leawood, KS, classified under NTEE code T20. The organization reported total revenue of $34K and total assets of $430K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elsberry Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elsberry Family Foundation is a micro nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -30.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $83K |
| Surplus / Deficit | $-81,223 |
| Total Assets | $439K |
| Total Liabilities | $1 |
| Net Assets | $439K |
| Operating Margin | -4489.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 63.5 months |
Financial Health Grade: B
In 2023, Elsberry Family Foundation reported a deficit of $81K with expenses exceeding revenue, holds 63.5 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), Elsberry Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -30.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.4% | +53.6% | -4.7% |
| 2022 | -95.0% | -47.4% | -19.7% |
| 2021 | +3378.7% | +48.6% | +40.0% |
| 2020 | -89.9% | -33.4% | -31.3% |
| 2019 | -12.4% | -61.4% | -30.4% |
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 Elsberry Family Foundation with a Mission Score of 65 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, Elsberry 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $81K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the foundation's leadership is unpaid, which is highly efficient for a small foundation of this 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 Elsberry Family Foundation's IRS 990 filings:
- Consistent decline in net assets over the past decade (from $1.2M to $439K).
- Expenses frequently and significantly exceed revenue, indicating reliance on asset drawdowns.
- Low revenue in recent years ($1,809 in 2023, $14,409 in 2022) compared to expenses.
Strengths
The following positive indicators were identified for Elsberry Family Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency in leadership costs.
- Very low liabilities ($1 in recent years), indicating no significant debt burden.
- Consistent filing of IRS 990 forms, demonstrating transparency.
Frequently Asked Questions about Elsberry Family Foundation
Is Elsberry Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Elsberry Family Foundation (EIN: 203956294) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Elsberry Family Foundation spend its money?
Elsberry Family Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elsberry Family Foundation tax-deductible?
Elsberry Family Foundation is registered as a tax-exempt nonprofit (EIN: 203956294). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Elsberry Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Elsberry 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 Elsberry Family Foundation located?
Elsberry Family Foundation is headquartered in Leawood, Kansas and files with the IRS under EIN 203956294. It is classified under NTEE code T20.
How many years of IRS 990 filings does Elsberry Family Foundation have?
Elsberry 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 $34K in total revenue.
Is the Elsberry Family Foundation financially sustainable long-term?
Based on the trend of declining assets from $1,202,578 in 2011 to $439,211 in 2023, and expenses consistently exceeding revenue (e.g., $83,032 expenses vs. $1,809 revenue in 2023), the current spending pattern is not sustainable without significant new contributions to its endowment.
What is the primary activity of the Elsberry Family Foundation?
As a private foundation (NTEE T20), its primary activity is typically grant-making to other organizations or individuals, funded by its endowment.
How does the foundation manage its administrative costs?
The consistent reporting of 0% officer compensation suggests that administrative functions are likely handled by volunteers or through very low-cost means, which is a strength in terms of efficiency.
Filing History
IRS 990 filing history for Elsberry Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Elsberry Family Foundation's revenue has declined by 98.8%, moving from $146K to $2K. Total assets decreased by 63.5% over the same period, from $1.2M to $439K. Total functional expenses fell by 43.5%, from $147K to $83K. In its most recent filing year (2023), Elsberry Family Foundation reported a deficit of $81K, with expenses exceeding revenue. The organization holds $1 in liabilities against $439K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $439K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $83K | $439K | $1 | — | — |
| 2022 | $14K | $54K | $461K | $1 | — | View 990 |
| 2021 | $289K | $103K | $574K | $1 | — | View 990 |
| 2020 | $8K | $69K | $410K | $1 | — | — |
| 2019 | $82K | $104K | $597K | $0 | — | View 990 |
| 2015 | $94K | $269K | $858K | $0 | — | View 990 |
| 2014 | $172K | $237K | $1.1M | $0 | — | View 990 |
| 2013 | $105K | $227K | $1.3M | $0 | — | View 990 |
| 2012 | $166K | $110K | $1.3M | $0 | — | View 990 |
| 2011 | $146K | $147K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $83K, and assets of $439K (revenue -87.4% year-over-year).
- 2022: Revenue of $14K, expenses of $54K, and assets of $461K (revenue -95.0% year-over-year).
- 2021: Revenue of $289K, expenses of $103K, and assets of $574K (revenue +3378.7% year-over-year).
- 2020: Revenue of $8K, expenses of $69K, and assets of $410K (revenue -89.9% year-over-year).
- 2019: Revenue of $82K, expenses of $104K, and assets of $597K (revenue -12.4% year-over-year).
- 2015: Revenue of $94K, expenses of $269K, and assets of $858K (revenue -45.4% year-over-year).
- 2014: Revenue of $172K, expenses of $237K, and assets of $1.1M (revenue +63.9% year-over-year).
- 2013: Revenue of $105K, expenses of $227K, and assets of $1.3M (revenue -36.7% year-over-year).
- 2012: Revenue of $166K, expenses of $110K, and assets of $1.3M (revenue +13.4% year-over-year).
- 2011: Revenue of $146K, expenses of $147K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elsberry Family Foundation:
Data Sources and Methodology
This transparency report for Elsberry 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.