Fox Foundation Inc
Fox Foundation: Erratic Revenue, Strong Asset Growth, and Transparency Gaps
EIN: 222808534 · Princeton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $443K |
| Total Expenses | $169K |
| Program Spending | 70% |
| Net Assets | $3.0M |
| Transparency Score | 65/100 |
Is Fox Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fox Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Fox Foundation Inc
Fox Foundation Inc (EIN: 222808534) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $443K and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fox Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fox Foundation Inc is a small nonprofit that has been operating for 39 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $169K |
| Surplus / Deficit | $-91,076 |
| Total Assets | $3.0M |
| Total Liabilities | $1 |
| Net Assets | $3.0M |
| Operating Margin | -116.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 211.2 months |
Financial Health Grade: B
In 2023, Fox Foundation Inc reported a deficit of $91K with expenses exceeding revenue, holds 211.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Fox Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -78.5% | -5.1% | +26.6% |
| 2021 | -125.3% | +37.0% | -7.0% |
| 2020 | +136.1% | +9.0% | +85.0% |
| 2019 | +153.4% | -15.1% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Fox Foundation Inc 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: 70%
- fundraising: 15%
According to IRS 990 filings, Fox Foundation Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $91K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures for executives are provided in the available data.
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 Fox Foundation Inc's IRS 990 filings:
- Highly volatile revenue, with a significant negative revenue of -$271,977 in 2021, raises concerns about financial stability and funding consistency.
- Lack of detailed expense breakdown (program, admin, fundraising) prevents a clear understanding of how funds are allocated and spent.
- The provided data does not include information on the organization's mission or specific programs, making it difficult to evaluate impact.
Strengths
The following positive indicators were identified for Fox Foundation Inc:
- Consistent growth in assets, from $1,738,972 in 2012 to $4,332,620 in 2023, indicates effective asset management and accumulation.
- No reported lobbying or political contributions, suggesting a focus purely on their stated mission without political influence.
- Positive revenue in most years, despite the 2021 anomaly, demonstrates a general ability to attract funding.
Frequently Asked Questions about Fox Foundation Inc
Is Fox Foundation Inc a legitimate charity?
Fox Foundation Inc (EIN: 222808534) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $443K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Fox Foundation Inc spend its money?
Fox Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Fox Foundation Inc tax-deductible?
Fox Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222808534). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fox Foundation Inc's spending goes to programs?
Fox Foundation Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Fox Foundation Inc located?
Fox Foundation Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 222808534.
How many years of IRS 990 filings does Fox Foundation Inc have?
Fox Foundation Inc has 9 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 $443K in total revenue.
What does Fox Foundation Inc do?
Fox Foundation Inc is a nonprofit organization in the Unknown sector, located in Princeton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Fox Foundation Inc have?
Fox Foundation Inc reported total revenue of $442,729. Based on 9 IRS 990 filings on record.
What are Fox Foundation Inc's total assets?
Fox Foundation Inc holds total assets of $4,332,620 as reported in IRS 990 filings.
Where is Fox Foundation Inc located?
Fox Foundation Inc is based in Princeton, New Jersey.
What is Fox Foundation Inc's EIN?
Fox Foundation Inc's Employer Identification Number (EIN) is 222808534. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Fox Foundation Inc?
Fox Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Fox Foundation Inc a registered 501(c)(3)?
Fox Foundation Inc appears in IRS records (EIN: 222808534). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Fox Foundation Inc file IRS Form 990?
Yes, Fox Foundation Inc has 9 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Fox Foundation Inc's revenue in 2023?
In the 202312 filing period, Fox Foundation Inc reported total revenue of $78,174, total expenses of $169,250, and net assets of $2,979,154.
Is Fox Foundation Inc's revenue growing or declining?
Fox Foundation Inc's revenue is declining. Revenue went from $362,826 (202212) to $78,174 (202312), a -78.5% change. Based on 9 filings on record.
What is Fox Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Fox Foundation Inc covers tax period 202312. It shows revenue of $78,174, expenses of $169,250, total assets of $2,979,154, and liabilities of $1.
How much does Fox Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Fox Foundation Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Fox Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Fox Foundation Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Fox Foundation Inc?
The following concerns were identified: Highly volatile revenue, with a significant negative revenue of -$271,977 in 2021, raises concerns about financial stability and funding consistency.. Lack of detailed expense breakdown (program, admin, fundraising) prevents a clear understanding of how funds are allocated and spent.. The provided data does not include information on the organization's mission or specific programs, making it difficult to evaluate impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Fox Foundation Inc's strengths?
Positive indicators for Fox Foundation Inc include: Consistent growth in assets, from $1,738,972 in 2012 to $4,332,620 in 2023, indicates effective asset management and accumulation.. No reported lobbying or political contributions, suggesting a focus purely on their stated mission without political influence.. Positive revenue in most years, despite the 2021 anomaly, demonstrates a general ability to attract funding.. These findings are derived from AI analysis of the organization's financial filings.
How does Fox Foundation Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures for executives are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What caused the significant negative revenue of -$271,977 in 2021, and how was this deficit managed without a substantial drop in assets?
The provided data does not specify the cause of the negative revenue. However, the organization's assets continued to grow from $2,354,093 in 2022 to $2,979,154 in 2023, suggesting that the deficit was likely covered by existing reserves or other non-revenue income sources not detailed here, or that the negative revenue was an accounting adjustment rather than a cash loss.
Given the consistent asset growth despite revenue fluctuations, what is the primary strategy for asset accumulation and preservation at Fox Foundation Inc?
While the data doesn't explicitly state the strategy, the consistent asset growth suggests a strong investment strategy for accumulated funds, potentially through endowments or other long-term financial instruments, rather than solely relying on annual revenue for growth.
Filing History
IRS 990 filing history for Fox Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Fox Foundation Inc's revenue has grown by 26.1%, moving from $62K to $78K. Total assets increased by 74.9% over the same period, from $1.7M to $3.0M. Total functional expenses rose by 68.7%, from $100K to $169K. In its most recent filing year (2023), Fox Foundation Inc reported a deficit of $91K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $78K | $169K | $3.0M | $1 | — | — |
| 2022 | $363K | $178K | $2.4M | $1 | — | View 990 |
| 2021 | $-271,977 | $199K | $3.5M | $1 | — | — |
| 2020 | $1.1M | $145K | $3.7M | $1 | — | — |
| 2019 | $455K | $133K | $2.0M | $1 | — | — |
| 2014 | $179K | $157K | $2.0M | $1 | — | View 990 |
| 2013 | $191K | $131K | $2.1M | $1 | — | View 990 |
| 2012 | $121K | $110K | $1.7M | $0 | — | View 990 |
| 2011 | $62K | $100K | $1.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $78K, expenses of $169K, and assets of $3.0M (revenue -78.5% year-over-year).
- 2022: Revenue of $363K, expenses of $178K, and assets of $2.4M.
- 2021: Revenue of $-271,977, expenses of $199K, and assets of $3.5M (revenue -125.3% year-over-year).
- 2020: Revenue of $1.1M, expenses of $145K, and assets of $3.7M (revenue +136.1% year-over-year).
- 2019: Revenue of $455K, expenses of $133K, and assets of $2.0M (revenue +153.4% year-over-year).
- 2014: Revenue of $179K, expenses of $157K, and assets of $2.0M (revenue -5.9% year-over-year).
- 2013: Revenue of $191K, expenses of $131K, and assets of $2.1M (revenue +57.1% year-over-year).
- 2012: Revenue of $121K, expenses of $110K, and assets of $1.7M (revenue +95.9% year-over-year).
- 2011: Revenue of $62K, expenses of $100K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fox Foundation Inc:
Data Sources and Methodology
This transparency report for Fox 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.