Helms Family Foundation
Helms Family Foundation maintains substantial assets despite highly volatile revenue and minimal operational expenses.
EIN: 203794532 · Scottsdale, AZ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $157K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4.7 |
| Net Assets | $4.7M |
| Transparency Score | 75/100 |
Is Helms Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Helms Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Helms Family Foundation
Helms Family Foundation (EIN: 203794532) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code T22. The organization reported total revenue of $1.1M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helms Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helms Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $155K |
| Total Expenses | $157K |
| Surplus / Deficit | $-2,814 |
| Total Assets | $4.7M |
| Total Liabilities | $1 |
| Net Assets | $4.7M |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 358.8 months |
Financial Health Grade: B
In 2023, Helms Family Foundation reported a deficit of $3K with expenses exceeding revenue, holds 358.8 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), Helms Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -254.4% | +27.3% | -2.7% |
| 2021 | -97.8% | +15.9% | +1.0% |
| 2020 | +22283.9% | -52.8% | +188.0% |
| 2019 | -93.2% | -86.2% | +115.1% |
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 Helms Family Foundation with a Mission Score of 75 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: 80%
- fundraising: 5%
According to IRS 990 filings, Helms Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly favorable for minimizing administrative costs relative to its asset base of $4.7 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Helms Family Foundation's IRS 990 filings:
- Highly volatile revenue, including negative revenue in 2022 ($-106,296), which can impact financial stability.
- Lack of detailed expense breakdown in summary data makes it difficult to fully assess program efficiency.
- Low expenses relative to assets ($4.7 million assets vs. $157,332 expenses in 2023) could indicate limited direct programmatic activity.
Strengths
The following positive indicators were identified for Helms Family Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating strong cost control at the executive level.
- Maintained a substantial and growing asset base, reaching $4,773,422, providing long-term financial stability.
- Consistent IRS 990 filing history (9 filings) demonstrates good compliance and transparency.
- Minimal liabilities reported in recent years, indicating a healthy balance sheet.
Frequently Asked Questions about Helms Family Foundation
Is Helms Family Foundation a legitimate charity?
Helms Family Foundation (EIN: 203794532) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $1.1M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Helms Family Foundation spend its money?
Helms Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Helms Family Foundation tax-deductible?
Helms Family Foundation is registered as a tax-exempt nonprofit (EIN: 203794532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Helms Family Foundation CEO make?
Helms Family Foundation's highest-compensated officer earns $4.7 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Helms Family Foundation's spending goes to programs?
Helms Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Helms Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Helms Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Helms Family Foundation located?
Helms Family Foundation is headquartered in Scottsdale, Arizona and files with the IRS under EIN 203794532. It is classified under NTEE code T22.
How many years of IRS 990 filings does Helms Family Foundation have?
Helms Family Foundation 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 $1.1M in total revenue.
What is the primary use of the Helms Family Foundation's substantial assets?
Given the low expenses relative to assets ($4.7 million assets vs. $157,332 expenses in 2023), it's likely the assets are primarily held as an endowment for grantmaking or investment, rather than for extensive direct program operations.
Why was there negative revenue in 2022?
The negative revenue of $-106,296 in 2022 could be due to investment losses, significant returns of contributions, or other non-operating adjustments. This warrants further investigation into the detailed financial statements.
How does the foundation ensure its mission is being met with such low reported expenses?
With expenses like $26,560 in 2022 and $20,868 in 2021, the foundation likely operates as a grantmaking entity, distributing funds to other organizations to achieve its mission, rather than running its own large-scale programs.
What is the long-term strategy for managing revenue volatility?
The significant swings in revenue, from $3.1 million in 2020 to negative in 2022, suggest a reliance on unpredictable funding sources or investment returns. A clear strategy for stabilizing income would enhance financial predictability.
Filing History
IRS 990 filing history for Helms Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Helms Family Foundation's revenue has declined by 48.5%, moving from $300K to $155K. Total assets increased by 6779.7% over the same period, from $68K to $4.7M. Total functional expenses fell by 35.6%, from $244K to $157K. In its most recent filing year (2023), Helms Family Foundation reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $155K | $157K | $4.7M | $1 | — | View 990 |
| 2022 | $-106,296 | $27K | $4.7M | $1 | — | View 990 |
| 2021 | $69K | $21K | $4.8M | $1 | — | — |
| 2020 | $3.1M | $18K | $4.8M | $1 | — | View 990 |
| 2019 | $14K | $38K | $1.7M | $0 | — | View 990 |
| 2015 | $207K | $277K | $773K | $0 | — | View 990 |
| 2014 | $11K | $231K | $844K | $0 | — | View 990 |
| 2013 | $316K | $182K | $1.1M | $0 | — | View 990 |
| 2011 | $300K | $244K | $68K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $155K, expenses of $157K, and assets of $4.7M.
- 2022: Revenue of $-106,296, expenses of $27K, and assets of $4.7M (revenue -254.4% year-over-year).
- 2021: Revenue of $69K, expenses of $21K, and assets of $4.8M (revenue -97.8% year-over-year).
- 2020: Revenue of $3.1M, expenses of $18K, and assets of $4.8M (revenue +22283.9% year-over-year).
- 2019: Revenue of $14K, expenses of $38K, and assets of $1.7M (revenue -93.2% year-over-year).
- 2015: Revenue of $207K, expenses of $277K, and assets of $773K (revenue +1791.9% year-over-year).
- 2014: Revenue of $11K, expenses of $231K, and assets of $844K (revenue -96.5% year-over-year).
- 2013: Revenue of $316K, expenses of $182K, and assets of $1.1M (revenue +5.5% year-over-year).
- 2011: Revenue of $300K, expenses of $244K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helms Family Foundation:
Data Sources and Methodology
This transparency report for Helms 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.