Lee Family Charitable Foundation
Lee Family Charitable Foundation's assets have declined by over 89% since 2011 due to consistent deficit spending.
EIN: 208955051 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5K |
| Total Expenses | $4K |
| Program Spending | 80% |
| Net Assets | $15K |
| Transparency Score | 45/100 |
Is Lee Family Charitable Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lee Family Charitable Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lee Family Charitable Foundation
Lee Family Charitable Foundation (EIN: 208955051) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $5K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lee Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lee Family Charitable Foundation is a micro nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -11.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $4K |
| Surplus / Deficit | $-1,939 |
| Total Assets | $15K |
| Total Liabilities | $1 |
| Net Assets | $15K |
| Operating Margin | -78.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 40.6 months |
Financial Health Grade: B
In 2022, Lee Family Charitable Foundation reported a deficit of $2K with expenses exceeding revenue, holds 40.6 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 (2011–2022), Lee Family Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +68.6% | -17.6% | -11.5% |
| 2021 | +32.1% | +22.4% | -18.7% |
| 2020 | +101.1% | -35.1% | -13.6% |
| 2019 | -60.1% | -59.1% | -77.9% |
| 2015 | -85.0% | +12.2% | -12.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Lee Family Charitable Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Lee Family Charitable Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that the foundation's leadership is entirely volunteer-based, which is commendable for a small organization.
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 Lee Family Charitable Foundation's IRS 990 filings:
- Consistent deficit spending, with expenses exceeding revenue in every reported period.
- Significant and continuous decline in assets, from $141,281 in 2011 to $14,920 in 2022.
- Very low and declining annual revenue, indicating limited operational capacity or donor support.
Strengths
The following positive indicators were identified for Lee Family Charitable Foundation:
- No officer compensation reported, indicating volunteer leadership and potentially lower administrative overhead.
- Consistent filing of IRS Form 990s, demonstrating transparency in reporting.
Frequently Asked Questions about Lee Family Charitable Foundation
Is Lee Family Charitable Foundation a legitimate charity?
Lee Family Charitable Foundation (EIN: 208955051) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 45/100. It has 9 years of IRS 990 filings on record. Total revenue: $5K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Lee Family Charitable Foundation spend its money?
Lee Family Charitable Foundation directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Lee Family Charitable Foundation tax-deductible?
Lee Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 208955051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Lee Family Charitable Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Lee Family Charitable Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lee Family Charitable Foundation located?
Lee Family Charitable Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 208955051. It is classified under NTEE code T20.
How many years of IRS 990 filings does Lee Family Charitable Foundation have?
Lee Family Charitable 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 $5K in total revenue.
Is the Lee Family Charitable Foundation financially sustainable?
Based on the provided data, the foundation is not financially sustainable. Its expenses have consistently exceeded its revenue for over a decade, leading to a significant depletion of assets from $141,281 in 2011 to $14,920 in 2022.
What is the trend in the foundation's assets?
The foundation's assets have been in a consistent and steep decline, decreasing from $141,281 in 2011 to $14,920 in 2022, representing an 89.4% reduction.
Does the foundation pay its officers?
No, the foundation has consistently reported 0% officer compensation in all available IRS 990 filings, indicating volunteer leadership.
Filing History
IRS 990 filing history for Lee Family Charitable Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Lee Family Charitable Foundation's revenue has declined by 73.3%, moving from $9K to $2K. Total assets decreased by 89.4% over the same period, from $141K to $15K. Total functional expenses fell by 91.4%, from $51K to $4K. In its most recent filing year (2022), Lee Family Charitable Foundation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $15K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2K | $4K | $15K | $1 | — | — |
| 2021 | $1K | $5K | $17K | $1 | — | — |
| 2020 | $1K | $4K | $21K | $1 | — | View 990 |
| 2019 | $552 | $7K | $24K | $1 | — | View 990 |
| 2015 | $1K | $16K | $109K | $1 | — | View 990 |
| 2014 | $9K | $15K | $124K | $1 | — | View 990 |
| 2013 | $9K | $20K | $129K | $1 | — | View 990 |
| 2012 | $19K | $20K | $140K | $1 | — | View 990 |
| 2011 | $9K | $51K | $141K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2K, expenses of $4K, and assets of $15K (revenue +68.6% year-over-year).
- 2021: Revenue of $1K, expenses of $5K, and assets of $17K (revenue +32.1% year-over-year).
- 2020: Revenue of $1K, expenses of $4K, and assets of $21K (revenue +101.1% year-over-year).
- 2019: Revenue of $552, expenses of $7K, and assets of $24K (revenue -60.1% year-over-year).
- 2015: Revenue of $1K, expenses of $16K, and assets of $109K (revenue -85.0% year-over-year).
- 2014: Revenue of $9K, expenses of $15K, and assets of $124K (revenue -1.6% year-over-year).
- 2013: Revenue of $9K, expenses of $20K, and assets of $129K (revenue -49.5% year-over-year).
- 2012: Revenue of $19K, expenses of $20K, and assets of $140K (revenue +100.8% year-over-year).
- 2011: Revenue of $9K, expenses of $51K, and assets of $141K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lee Family Charitable Foundation:
Data Sources and Methodology
This transparency report for Lee Family Charitable 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.