Feely Family Foundation Inc
Feely Family Foundation shows strong asset growth and no executive compensation, with fluctuating but generally increasing revenue.
EIN: 200544297 · Gilbert, AZ · NTEE: O50 · Updated: 2026-03-28
Is Feely 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 →
Feely Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Feely Family Foundation Inc
Feely Family Foundation Inc (EIN: 200544297) is a nonprofit organization based in Gilbert, AZ, classified under NTEE code O50. The organization reported total revenue of $48K and total assets of $281K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Feely Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Feely Family Foundation Inc is a micro nonprofit that has been operating for 22 years, with 3 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of 25.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $511K |
| Total Expenses | $87K |
| Surplus / Deficit | +$424K |
| Total Assets | $526K |
| Net Assets | $526K |
| Operating Margin | 82.9% |
| Months of Reserves | 72.4 months |
Financial Health Grade: A
In 2022, Feely Family Foundation Inc reported a surplus of $424K with revenue exceeding expenses, holds 72.4 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2015–2022), Feely Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +375.6% | +1592.8% | +414.3% |
| 2021 | +3.5% | -87.3% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Feely Family Foundation Inc 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, Feely 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $424K, with revenue exceeding expenses.
Executive Compensation Analysis
The Feely Family Foundation Inc. consistently reports 0% officer compensation across all available filings (2022, 2021, 2015), indicating that no salaries or benefits are paid to its officers, which is highly commendable for an organization of its size with assets reaching over $500,000.
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 Feely Family Foundation Inc:
- Strong asset growth: Assets increased from $92,813 in 2015 to $526,062 in 2022.
- No executive compensation: Consistently reported 0% officer compensation across all filings.
- Zero liabilities: The organization consistently reports $0 in liabilities, indicating strong financial health.
- Significant revenue growth: Revenue surged to $511,000 in 2022 from $107,445 in 2021.
- High financial efficiency: Expenses are consistently low relative to revenue, particularly in 2021 ($5,153 expenses on $107,445 revenue) and 2022 ($87,230 expenses on $511,000 revenue).
Frequently Asked Questions about Feely Family Foundation Inc
Is Feely Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Feely Family Foundation Inc (EIN: 200544297) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Feely Family Foundation Inc spend its money?
Feely Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Feely Family Foundation Inc tax-deductible?
Feely Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200544297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Feely Family Foundation Inc. financially stable?
Yes, the foundation appears financially stable. It reported assets of $526,062 in 2022 with $0 liabilities, indicating a strong balance sheet. Revenue has also shown significant growth, reaching $511,000 in 2022.
Does Feely Family Foundation Inc. pay its executives?
No, the Feely Family Foundation Inc. reported 0% officer compensation in all available IRS 990 filings (2022, 2021, 2015), meaning no salaries or benefits were paid to its officers.
How efficient is Feely Family Foundation Inc. with its spending?
Based on the provided data, the foundation appears highly efficient. For example, in 2021, it had revenues of $107,445 and expenses of only $5,153. In 2022, with revenues of $511,000, expenses were $87,230. The absence of officer compensation also contributes to high efficiency.
Filing History
IRS 990 filing history for Feely Family Foundation Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2015–2022), Feely Family Foundation Inc's revenue has grown by 392.2%, moving from $104K to $511K. Total assets increased by 466.8% over the same period, from $93K to $526K. Total functional expenses rose by 114.7%, from $41K to $87K. In its most recent filing year (2022), Feely Family Foundation Inc reported a surplus of $424K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $511K | $87K | $526K | $0 | — | View 990 |
| 2021 | $107K | $5K | $102K | $0 | — | View 990 |
| 2015 | $104K | $41K | $93K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $511K, expenses of $87K, and assets of $526K (revenue +375.6% year-over-year).
- 2021: Revenue of $107K, expenses of $5K, and assets of $102K (revenue +3.5% year-over-year).
- 2015: Revenue of $104K, expenses of $41K, and assets of $93K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Feely Family Foundation Inc:
Data Sources and Methodology
This transparency report for Feely 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.