Evans Family Foundation
Evans Family Foundation shows consistent asset growth and minimal expenses, with no reported officer compensation.
EIN: 203917822 · Fayetteville, AR · NTEE: T22 · Updated: 2026-03-28
Is Evans Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Evans Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Evans Family Foundation
Evans Family Foundation (EIN: 203917822) is a nonprofit organization based in Fayetteville, AR, classified under NTEE code T22. The organization reported total revenue of $164K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Evans Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Evans Family Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $415K |
| Total Expenses | $23K |
| Surplus / Deficit | +$393K |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | 94.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1041.7 months |
Financial Health Grade: A
In 2023, Evans Family Foundation reported a surplus of $393K with revenue exceeding expenses, holds 1041.7 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), Evans Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 23.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.3% | -61.0% | +25.0% |
| 2022 | +203.2% | -5.2% | +52.0% |
| 2021 | -5.4% | -21.8% | +15.1% |
| 2020 | +86.1% | +1.8% | +16.8% |
| 2019 | +579.8% | +1217.7% | -16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Evans Family Foundation with a Mission Score of 90 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, Evans Family Foundation 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 $393K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly favorable for resource allocation.
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 Evans Family Foundation's IRS 990 filings:
- Significant fluctuations in annual revenue, indicating potential reliance on unpredictable funding sources.
- Lack of detailed expense breakdown in summary data makes it difficult to fully assess program vs. administrative spending without deeper dive into full 990 forms.
Strengths
The following positive indicators were identified for Evans Family Foundation:
- Consistent and substantial asset growth, indicating strong financial health and sustainability.
- Extremely low reported expenses relative to revenue, suggesting high operational efficiency.
- No reported officer compensation across all filings, indicating volunteer leadership or highly lean administrative costs.
- Minimal liabilities ($0 or $1) across all periods, reflecting sound financial management and low debt.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Evans Family Foundation
Is Evans Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Evans Family Foundation (EIN: 203917822) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Evans Family Foundation spend its money?
Evans Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Evans Family Foundation tax-deductible?
Evans Family Foundation is registered as a tax-exempt nonprofit (EIN: 203917822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Evans Family Foundation a good charity?
Based on the provided data, the Evans Family Foundation appears to be a well-managed organization with strong financial health, growing assets, and extremely low expenses relative to its revenue. The absence of officer compensation is a significant positive indicator of efficient resource use. Its effectiveness as a 'charity' depends on the impact of its grantmaking, which is not detailed in these filings but its financial stewardship is excellent.
What is the primary purpose of the Evans Family Foundation?
Given its NTEE code T22 (Private Grantmaking Foundations) and the financial pattern of high revenue relative to low operational expenses, its primary purpose is likely to provide grants to other organizations or individuals, rather than directly operating programs.
How has the foundation's asset base grown over time?
The foundation has shown remarkable asset growth, increasing from $664,251 in 2011 to over $2 million in the latest period, demonstrating strong financial stewardship and investment strategies.
Filing History
IRS 990 filing history for Evans Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Evans Family Foundation's revenue has grown by 1131.8%, moving from $34K to $415K. Total assets increased by 195.9% over the same period, from $664K to $2.0M. Total functional expenses fell by 62.1%, from $60K to $23K. In its most recent filing year (2023), Evans Family Foundation reported a surplus of $393K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $415K | $23K | $2.0M | $1 | — | — |
| 2022 | $596K | $58K | $1.6M | $1 | — | View 990 |
| 2021 | $197K | $61K | $1.0M | $1 | — | View 990 |
| 2020 | $208K | $78K | $899K | $1 | — | View 990 |
| 2019 | $112K | $77K | $770K | $1 | — | — |
| 2015 | $16K | $6K | $918K | $0 | — | View 990 |
| 2014 | $94K | $59K | $907K | $0 | — | View 990 |
| 2013 | $76K | $53K | $872K | $0 | — | View 990 |
| 2012 | $259K | $73K | $849K | $0 | — | View 990 |
| 2011 | $34K | $60K | $664K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $415K, expenses of $23K, and assets of $2.0M (revenue -30.3% year-over-year).
- 2022: Revenue of $596K, expenses of $58K, and assets of $1.6M (revenue +203.2% year-over-year).
- 2021: Revenue of $197K, expenses of $61K, and assets of $1.0M (revenue -5.4% year-over-year).
- 2020: Revenue of $208K, expenses of $78K, and assets of $899K (revenue +86.1% year-over-year).
- 2019: Revenue of $112K, expenses of $77K, and assets of $770K (revenue +579.8% year-over-year).
- 2015: Revenue of $16K, expenses of $6K, and assets of $918K (revenue -82.5% year-over-year).
- 2014: Revenue of $94K, expenses of $59K, and assets of $907K (revenue +22.8% year-over-year).
- 2013: Revenue of $76K, expenses of $53K, and assets of $872K (revenue -70.5% year-over-year).
- 2012: Revenue of $259K, expenses of $73K, and assets of $849K (revenue +666.9% year-over-year).
- 2011: Revenue of $34K, expenses of $60K, and assets of $664K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Evans Family Foundation:
Data Sources and Methodology
This transparency report for Evans 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.