Eveland Family Foundation Inc
Eveland Family Foundation consistently allocates 100% of expenses to programs with zero officer compensation.
EIN: 205976943 · Hanson, KY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $378K |
| Total Expenses | $33K |
| Program Spending | 100% |
| Net Assets | $569K |
| Transparency Score | 95/100 |
Is Eveland 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 →
Eveland Family Foundation Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eveland Family Foundation Inc
Eveland Family Foundation Inc (EIN: 205976943) is a nonprofit organization based in Hanson, KY, classified under NTEE code T20. The organization reported total revenue of $378K and total assets of $630K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eveland Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eveland Family Foundation Inc is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $33K |
| Surplus / Deficit | $-12,048 |
| Total Assets | $569K |
| Total Liabilities | $1 |
| Net Assets | $569K |
| Operating Margin | -58.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 208.9 months |
Financial Health Grade: B
In 2024, Eveland Family Foundation Inc reported a deficit of $12K with expenses exceeding revenue, holds 208.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2024), Eveland Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +74.4% | +560.6% | +23.7% |
| 2023 | -50.3% | -74.4% | +15.2% |
| 2022 | +26.2% | +1234.1% | -22.0% |
| 2021 | +20.6% | -99.6% | +31.1% |
| 2020 | -96.1% | +347.3% | -41.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Eveland Family Foundation Inc 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Eveland Family Foundation Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit 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.
Strengths
The following positive indicators were identified for Eveland Family Foundation Inc:
- 100% program spending ratio, indicating maximum impact per dollar spent.
- Zero officer compensation, demonstrating a volunteer-driven and highly dedicated leadership.
- Consistent filing of IRS Form 990s, showing strong transparency.
- Healthy asset base relative to annual expenses, suggesting financial stability.
- Low liabilities across all reported periods, indicating sound financial management.
Frequently Asked Questions about Eveland Family Foundation Inc
Is Eveland Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eveland Family Foundation Inc (EIN: 205976943) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Eveland Family Foundation Inc spend its money?
Eveland Family Foundation Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eveland Family Foundation Inc tax-deductible?
Eveland Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205976943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Eveland Family Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Eveland 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 Eveland Family Foundation Inc located?
Eveland Family Foundation Inc is headquartered in Hanson, Kentucky and files with the IRS under EIN 205976943. It is classified under NTEE code T20.
How many years of IRS 990 filings does Eveland Family Foundation Inc have?
Eveland Family Foundation Inc has 11 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 $378K in total revenue.
Is Eveland Family Foundation Inc. a good charity?
Based on the provided data, Eveland Family Foundation Inc. appears to be a very good charity. It consistently allocates 100% of its expenses directly to programs, has zero officer compensation, and maintains a healthy asset base, all of which are strong indicators of efficiency and dedication to its mission.
How does Eveland Family Foundation Inc. manage its administrative costs?
The Eveland Family Foundation Inc. manages its administrative costs exceptionally well, reporting 0% of its expenses allocated to administration across all available filings. This suggests a highly lean operational model, likely relying on volunteers or in-kind support for administrative functions.
What is the trend in Eveland Family Foundation Inc.'s assets?
The organization's assets have fluctuated over time. They peaked around $1.1 million in 2014-2016, then saw a significant drop to $390,917 in 202009, and have since recovered to $630,115 as of the latest filing, indicating some volatility but a current upward trend from its lowest point.
Filing History
IRS 990 filing history for Eveland Family Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Eveland Family Foundation Inc's revenue has declined by 32.5%, moving from $31K to $21K. Total assets decreased by 36.2% over the same period, from $892K to $569K. Total functional expenses fell by 10.5%, from $37K to $33K. In its most recent filing year (2024), Eveland Family Foundation Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $1 in liabilities against $569K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $569K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $21K | $33K | $569K | $1 | — | View 990 |
| 2023 | $12K | $5K | $460K | $1 | — | View 990 |
| 2022 | $24K | $19K | $400K | $1 | — | View 990 |
| 2021 | $19K | $1K | $512K | $1 | — | — |
| 2020 | $16K | $368K | $391K | $1 | — | — |
| 2019 | $406K | $82K | $670K | $1 | — | View 990 |
| 2016 | $40K | $64K | $1.1M | $1 | — | View 990 |
| 2015 | $153K | $62K | $1.0M | $1 | — | View 990 |
| 2014 | $33K | $50K | $1.1M | $1 | — | View 990 |
| 2013 | $24K | $46K | $1.0M | $0 | — | View 990 |
| 2012 | $31K | $37K | $892K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $21K, expenses of $33K, and assets of $569K (revenue +74.4% year-over-year).
- 2023: Revenue of $12K, expenses of $5K, and assets of $460K (revenue -50.3% year-over-year).
- 2022: Revenue of $24K, expenses of $19K, and assets of $400K (revenue +26.2% year-over-year).
- 2021: Revenue of $19K, expenses of $1K, and assets of $512K (revenue +20.6% year-over-year).
- 2020: Revenue of $16K, expenses of $368K, and assets of $391K (revenue -96.1% year-over-year).
- 2019: Revenue of $406K, expenses of $82K, and assets of $670K (revenue +928.1% year-over-year).
- 2016: Revenue of $40K, expenses of $64K, and assets of $1.1M (revenue -74.1% year-over-year).
- 2015: Revenue of $153K, expenses of $62K, and assets of $1.0M (revenue +366.9% year-over-year).
- 2014: Revenue of $33K, expenses of $50K, and assets of $1.1M (revenue +38.4% year-over-year).
- 2013: Revenue of $24K, expenses of $46K, and assets of $1.0M (revenue -22.8% year-over-year).
- 2012: Revenue of $31K, expenses of $37K, and assets of $892K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eveland Family Foundation Inc:
Data Sources and Methodology
This transparency report for Eveland 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.