Isdell Family Foundation
Isdell Family Foundation consistently distributes more than its annual revenue, drawing down its asset base.
EIN: 206759053 · Chatham, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.0M |
| Total Expenses | $3.1M |
| Program Spending | 95% |
| Net Assets | $13.0M |
| Transparency Score | 85/100 |
Is Isdell Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Isdell Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Isdell Family Foundation
Isdell Family Foundation (EIN: 206759053) is a nonprofit organization based in Chatham, NJ, classified under NTEE code T20. The organization reported total revenue of $7.0M and total assets of $11.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Isdell Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Isdell Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $523K |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-2,596,294 |
| Total Assets | $13.0M |
| Total Liabilities | $1 |
| Net Assets | $13.0M |
| Operating Margin | -496.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 50.1 months |
Financial Health Grade: B
In 2023, Isdell Family Foundation reported a deficit of $2.6M with expenses exceeding revenue, holds 50.1 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), Isdell Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.7% | +43.8% | -16.6% |
| 2022 | -62.1% | +40.2% | -9.1% |
| 2021 | +414.3% | +34.5% | +0.1% |
| 2020 | -60.3% | +2.6% | -4.7% |
| 2019 | +44.7% | +23.6% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Isdell Family 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Isdell Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $2.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Isdell Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other entities, which is a strong positive for minimizing overhead.
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 Isdell Family Foundation's IRS 990 filings:
- Consistent spending exceeding revenue, leading to asset depletion
- Lack of detailed program vs. administrative expense breakdown in provided data
Strengths
The following positive indicators were identified for Isdell Family Foundation:
- Zero reported officer compensation, indicating efficient use of funds for mission
- Minimal liabilities ($1 consistently reported), showing strong financial health
- Substantial asset base ($13,015,872 in 2023) to support grantmaking activities
- Consistent IRS 990 filings demonstrating transparency
Frequently Asked Questions about Isdell Family Foundation
Is Isdell Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Isdell Family Foundation (EIN: 206759053) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Isdell Family Foundation spend its money?
Isdell Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Isdell Family Foundation tax-deductible?
Isdell Family Foundation is registered as a tax-exempt nonprofit (EIN: 206759053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Isdell Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Isdell Family 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 Isdell Family Foundation located?
Isdell Family Foundation is headquartered in Chatham, New Jersey and files with the IRS under EIN 206759053. It is classified under NTEE code T20.
How many years of IRS 990 filings does Isdell Family Foundation have?
Isdell Family 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 $7.0M in total revenue.
Is the Isdell Family Foundation financially sustainable given its spending patterns?
The foundation has consistently spent more than its annual revenue in recent years, leading to a reduction in its asset base from over $18 million to $13 million. While it still holds substantial assets, this trend suggests a finite lifespan if current spending rates continue without significant new endowments or investment gains.
What is the primary purpose of the Isdell Family Foundation's expenditures?
As a private grantmaking foundation (NTEE T20), its expenditures are primarily focused on making grants to other organizations or individuals to further its charitable mission. The absence of officer compensation further supports a direct grantmaking model.
Why does the foundation report $1 in liabilities consistently?
Reporting $1 in liabilities is often a placeholder or a nominal amount used by some private foundations to indicate virtually no outstanding debt or significant financial obligations, reflecting a very healthy balance sheet.
Filing History
IRS 990 filing history for Isdell Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Isdell Family Foundation's revenue has declined by 45.3%, moving from $954K to $523K. Total assets increased by 91.7% over the same period, from $6.8M to $13.0M. Total functional expenses rose by 626.6%, from $429K to $3.1M. In its most recent filing year (2023), Isdell Family Foundation reported a deficit of $2.6M, with expenses exceeding revenue. The organization holds $1 in liabilities against $13.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $523K | $3.1M | $13.0M | $1 | — | View 990 |
| 2022 | $598K | $2.2M | $15.6M | $1 | — | View 990 |
| 2021 | $1.6M | $1.5M | $17.2M | $1 | — | — |
| 2020 | $307K | $1.1M | $17.2M | $1 | — | — |
| 2019 | $774K | $1.1M | $18.0M | $1 | — | View 990 |
| 2015 | $535K | $907K | $17.7M | $1 | — | View 990 |
| 2014 | $4.7M | $829K | $18.1M | $1 | — | View 990 |
| 2013 | $9.8M | $2.1M | $14.3M | $1 | — | View 990 |
| 2012 | $261K | $493K | $6.6M | $0 | — | View 990 |
| 2011 | $954K | $429K | $6.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $523K, expenses of $3.1M, and assets of $13.0M (revenue -12.7% year-over-year).
- 2022: Revenue of $598K, expenses of $2.2M, and assets of $15.6M (revenue -62.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.5M, and assets of $17.2M (revenue +414.3% year-over-year).
- 2020: Revenue of $307K, expenses of $1.1M, and assets of $17.2M (revenue -60.3% year-over-year).
- 2019: Revenue of $774K, expenses of $1.1M, and assets of $18.0M (revenue +44.7% year-over-year).
- 2015: Revenue of $535K, expenses of $907K, and assets of $17.7M (revenue -88.6% year-over-year).
- 2014: Revenue of $4.7M, expenses of $829K, and assets of $18.1M (revenue -52.1% year-over-year).
- 2013: Revenue of $9.8M, expenses of $2.1M, and assets of $14.3M (revenue +3637.0% year-over-year).
- 2012: Revenue of $261K, expenses of $493K, and assets of $6.6M (revenue -72.6% year-over-year).
- 2011: Revenue of $954K, expenses of $429K, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Isdell Family Foundation:
Data Sources and Methodology
This transparency report for Isdell 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.