Indian Paintbrush Foundation
Indian Paintbrush Foundation maintains over $1 million in assets with no reported officer compensation.
EIN: 201962079 · Jackson, WY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $468K |
| Total Expenses | $67K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Indian Paintbrush Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Indian Paintbrush Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Indian Paintbrush Foundation
Indian Paintbrush Foundation (EIN: 201962079) is a nonprofit organization based in Jackson, WY, classified under NTEE code T20. The organization reported total revenue of $468K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Indian Paintbrush Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Indian Paintbrush Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $67K |
| Surplus / Deficit | +$40K |
| Total Assets | $1.3M |
| Total Liabilities | $1 |
| Net Assets | $1.3M |
| Operating Margin | 37.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 229.4 months |
Financial Health Grade: A
In 2023, Indian Paintbrush Foundation reported a surplus of $40K with revenue exceeding expenses, holds 229.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Indian Paintbrush Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +936.1% | -34.6% | +42.9% |
| 2022 | -86.9% | +50.1% | -9.3% |
| 2021 | +80.6% | -11.7% | +1.0% |
| 2020 | +2.0% | -7.2% | -3.4% |
| 2019 | +181.2% | +16.4% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Indian Paintbrush Foundation with a Mission Score of 85 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, Indian Paintbrush Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $40K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with assets over $1 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 Indian Paintbrush Foundation's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided summary data
Strengths
The following positive indicators were identified for Indian Paintbrush Foundation:
- Strong and consistent asset base (over $1 million for many years)
- Zero reported officer compensation across all filings, indicating high efficiency
- Minimal liabilities ($1 in recent years), showing strong financial health
- Positive net assets growth over time, despite revenue fluctuations
Frequently Asked Questions about Indian Paintbrush Foundation
Is Indian Paintbrush Foundation a legitimate charity?
Indian Paintbrush Foundation (EIN: 201962079) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $468K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Indian Paintbrush Foundation spend its money?
Indian Paintbrush Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Indian Paintbrush Foundation tax-deductible?
Indian Paintbrush Foundation is registered as a tax-exempt nonprofit (EIN: 201962079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Indian Paintbrush Foundation CEO make?
Indian Paintbrush Foundation's highest-compensated officer earns $1 annually. The organization reported $468K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Indian Paintbrush Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Indian Paintbrush Foundation 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 Indian Paintbrush Foundation located?
Indian Paintbrush Foundation is headquartered in Jackson, Wyoming and files with the IRS under EIN 201962079. It is classified under NTEE code T20.
How many years of IRS 990 filings does Indian Paintbrush Foundation have?
Indian Paintbrush Foundation has 10 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 $468K in total revenue.
Is Indian Paintbrush Foundation a good charity?
Based on the provided data, the Indian Paintbrush Foundation appears to be a financially sound organization with strong assets ($1,399,439) and a commitment to minimizing overhead, as evidenced by zero reported officer compensation. This suggests a high potential for funds to directly support its mission.
How does the organization manage its finances given fluctuating revenue?
Despite fluctuating annual revenues (e.g., $10,366 in 2022 vs. $107,404 in 2023), the foundation has consistently maintained a substantial asset base, typically over $1 million. This indicates effective asset management, likely through an endowment or investment strategy, providing stability independent of annual donations.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, which is a strong indicator of fiscal efficiency and a commitment to directing resources towards its mission rather than executive salaries.
Filing History
IRS 990 filing history for Indian Paintbrush Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Indian Paintbrush Foundation's revenue has grown by 30.9%, moving from $82K to $107K. Total assets increased by 21.3% over the same period, from $1.1M to $1.3M. Total functional expenses rose by 11.2%, from $61K to $67K. In its most recent filing year (2023), Indian Paintbrush Foundation reported a surplus of $40K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $67K | $1.3M | $1 | — | View 990 |
| 2022 | $10K | $103K | $901K | $1 | — | View 990 |
| 2021 | $79K | $69K | $993K | $1 | — | View 990 |
| 2020 | $44K | $78K | $984K | $1 | — | — |
| 2019 | $43K | $84K | $1.0M | $1 | — | View 990 |
| 2015 | $15K | $72K | $1.1M | $1 | — | View 990 |
| 2014 | $94K | $59K | $1.2M | $1 | — | View 990 |
| 2013 | $107K | $37K | $1.1M | $0 | — | View 990 |
| 2012 | $65K | $61K | $1.1M | $0 | — | View 990 |
| 2011 | $82K | $61K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $67K, and assets of $1.3M (revenue +936.1% year-over-year).
- 2022: Revenue of $10K, expenses of $103K, and assets of $901K (revenue -86.9% year-over-year).
- 2021: Revenue of $79K, expenses of $69K, and assets of $993K (revenue +80.6% year-over-year).
- 2020: Revenue of $44K, expenses of $78K, and assets of $984K (revenue +2.0% year-over-year).
- 2019: Revenue of $43K, expenses of $84K, and assets of $1.0M (revenue +181.2% year-over-year).
- 2015: Revenue of $15K, expenses of $72K, and assets of $1.1M (revenue -83.9% year-over-year).
- 2014: Revenue of $94K, expenses of $59K, and assets of $1.2M (revenue -11.9% year-over-year).
- 2013: Revenue of $107K, expenses of $37K, and assets of $1.1M (revenue +64.8% year-over-year).
- 2012: Revenue of $65K, expenses of $61K, and assets of $1.1M (revenue -20.8% year-over-year).
- 2011: Revenue of $82K, expenses of $61K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Indian Paintbrush Foundation:
Data Sources and Methodology
This transparency report for Indian Paintbrush 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.