Family Foundation Action
Family Foundation Action shows fluctuating revenue and expenses with no reported officer compensation.
EIN: 202308649 · Richmond, VA · NTEE: X05 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $313K |
| Total Expenses | $202K |
| Program Spending | 75% |
| Net Assets | $128K |
| Transparency Score | 70/100 |
Is Family Foundation Action Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Foundation Action directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Foundation Action
Family Foundation Action (EIN: 202308649) is a nonprofit organization based in Richmond, VA, classified under NTEE code X05. The organization reported total revenue of $313K and total assets of $107K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Foundation Action's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Foundation Action is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $202K |
| Total Expenses | $202K |
| Surplus / Deficit | +$400 |
| Total Assets | $153K |
| Total Liabilities | $25K |
| Net Assets | $128K |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2023, Family Foundation Action reported a surplus of $400 with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Foundation Action's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.0% | -47.2% | +6.6% |
| 2022 | +20.5% | +115.5% | -22.8% |
| 2021 | +102.9% | +48.4% | +163.1% |
| 2020 | +5467.2% | +646.0% | +34.9% |
| 2019 | +41200.0% | +63.6% | -20.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2008 |
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 Family Foundation Action with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, Family Foundation Action allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $400, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.6%.
Executive Compensation Analysis
Family Foundation Action consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly favorable for minimizing administrative costs.
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 Family Foundation Action's IRS 990 filings:
- Inconsistent revenue streams leading to unpredictable financial performance
- Significant year-over-year fluctuations in expenses and assets
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data to fully assess efficiency
Strengths
The following positive indicators were identified for Family Foundation Action:
- Consistent reporting of 0% officer compensation, indicating low executive overhead
- Generally low liabilities across most filing periods
- Demonstrated ability to generate surpluses in some years (e.g., 2023, 2021)
Frequently Asked Questions about Family Foundation Action
Is Family Foundation Action a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Foundation Action (EIN: 202308649) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Family Foundation Action spend its money?
Family Foundation Action directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Family Foundation Action tax-deductible?
Family Foundation Action is registered as a tax-exempt nonprofit (EIN: 202308649). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Family Foundation Action's spending goes to programs?
Family Foundation Action directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Foundation Action compare to similar nonprofits?
With a transparency score of 70/100 (Good), Family Foundation Action is above average for NTEE category X05 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Foundation Action located?
Family Foundation Action is headquartered in Richmond, Virginia and files with the IRS under EIN 202308649. It is classified under NTEE code X05.
How many years of IRS 990 filings does Family Foundation Action have?
Family Foundation Action has 13 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 $313K in total revenue.
Is Family Foundation Action financially stable?
Family Foundation Action's financial stability is moderate. While it has periods of surplus (e.g., $400 surplus in 2023, $102,242 surplus in 2021), it also experiences deficits (e.g., $45,519 deficit in 2022), indicating inconsistent financial performance.
How does Family Foundation Action manage its liabilities?
The organization generally maintains low liabilities, with the highest reported at $25,392 in 2023, suggesting responsible management of debt and financial obligations.
What is the trend in Family Foundation Action's assets?
Assets have fluctuated, peaking at $186,301 in 2021 and currently at $107,162. This indicates variability in its financial reserves and holdings over time.
Filing History
IRS 990 filing history for Family Foundation Action showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Foundation Action's revenue has grown by 108%, moving from $97K to $202K. Total assets increased by 345.7% over the same period, from $34K to $153K. Total functional expenses rose by 144.6%, from $83K to $202K. In its most recent filing year (2023), Family Foundation Action reported a surplus of $400, with revenue exceeding expenses. The organization holds $25K in liabilities against $153K in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $128K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $202K | $202K | $153K | $25K | — | — |
| 2022 | $337K | $383K | $144K | $16K | — | View 990 |
| 2021 | $280K | $178K | $186K | $13K | — | View 990 |
| 2020 | $138K | $120K | $71K | $86 | — | View 990 |
| 2019 | $2K | $16K | $52K | $0 | — | View 990 |
| 2018 | $6 | $10K | $66K | $4 | — | View 990 |
| 2017 | $78K | $72K | $76K | $48 | — | — |
| 2016 | $30K | $562 | $70K | $529 | — | View 990 |
| 2015 | $57K | $68K | $47K | $7K | — | View 990 |
| 2014 | $21K | $41K | $51K | $0 | — | View 990 |
| 2013 | $132K | $165K | $71K | $0 | — | View 990 |
| 2012 | $432K | $363K | $103K | $0 | — | View 990 |
| 2011 | $97K | $83K | $34K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $202K, expenses of $202K, and assets of $153K (revenue -40.0% year-over-year).
- 2022: Revenue of $337K, expenses of $383K, and assets of $144K (revenue +20.5% year-over-year).
- 2021: Revenue of $280K, expenses of $178K, and assets of $186K (revenue +102.9% year-over-year).
- 2020: Revenue of $138K, expenses of $120K, and assets of $71K (revenue +5467.2% year-over-year).
- 2019: Revenue of $2K, expenses of $16K, and assets of $52K (revenue +41200.0% year-over-year).
- 2018: Revenue of $6, expenses of $10K, and assets of $66K (revenue -100.0% year-over-year).
- 2017: Revenue of $78K, expenses of $72K, and assets of $76K (revenue +159.1% year-over-year).
- 2016: Revenue of $30K, expenses of $562, and assets of $70K (revenue -47.4% year-over-year).
- 2015: Revenue of $57K, expenses of $68K, and assets of $47K (revenue +167.5% year-over-year).
- 2014: Revenue of $21K, expenses of $41K, and assets of $51K (revenue -83.8% year-over-year).
- 2013: Revenue of $132K, expenses of $165K, and assets of $71K (revenue -69.4% year-over-year).
- 2012: Revenue of $432K, expenses of $363K, and assets of $103K (revenue +343.7% year-over-year).
- 2011: Revenue of $97K, expenses of $83K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Foundation Action:
Data Sources and Methodology
This transparency report for Family Foundation Action 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.