Logan Family Foundation
Logan Family Foundation consistently maintains strong assets and zero officer compensation.
EIN: 208016072 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
Is Logan Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Logan Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Logan Family Foundation
Logan Family Foundation (EIN: 208016072) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $104K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Logan Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Logan Family Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $207K |
| Total Expenses | $132K |
| Surplus / Deficit | +$75K |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | 36.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 126.3 months |
Financial Health Grade: A
In 2023, Logan Family Foundation reported a surplus of $75K with revenue exceeding expenses, holds 126.3 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), Logan Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.5% | -4.3% | +5.7% |
| 2022 | -38.9% | +42.4% | +1.7% |
| 2021 | +113.1% | +7.5% | +14.6% |
| 2020 | +16.5% | +29.1% | +3.0% |
| 2019 | -2.6% | +19.7% | -3.3% |
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 Logan Family Foundation with a Mission Score of 95 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, Logan Family 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 $75K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds towards the mission.
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 Logan Family Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data (though overall financial health is strong).
Strengths
The following positive indicators were identified for Logan Family Foundation:
- Consistent asset growth, from $1,006,073 in 2011 to $1,390,398 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency in leadership costs.
- Expenses consistently lower than revenue, demonstrating sound financial management.
- Minimal liabilities reported, indicating strong financial stability.
- Long history of consistent IRS 990 filings (10 filings), showing transparency and compliance.
Frequently Asked Questions about Logan Family Foundation
Is Logan Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Logan Family Foundation (EIN: 208016072) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Logan Family Foundation spend its money?
Logan Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Logan Family Foundation tax-deductible?
Logan Family Foundation is registered as a tax-exempt nonprofit (EIN: 208016072). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Logan Family Foundation financially stable?
Yes, the Logan Family Foundation appears financially stable. Its assets have consistently grown, reaching $1,390,398 in 2023, and expenses have consistently been lower than revenue, indicating a healthy financial position.
Does the Logan Family Foundation pay its officers?
No, based on the IRS 990 filings, the Logan Family Foundation has reported 0% officer compensation across all available periods, suggesting no salaries are paid to its officers.
How has the foundation's asset base changed over time?
The foundation's asset base has shown consistent growth, increasing from $1,006,073 in 2011 to $1,390,398 in 2023, demonstrating long-term financial health.
Filing History
IRS 990 filing history for Logan Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Logan Family Foundation's revenue has grown by 281.1%, moving from $54K to $207K. Total assets increased by 38.2% over the same period, from $1.0M to $1.4M. Total functional expenses rose by 183.7%, from $47K to $132K. In its most recent filing year (2023), Logan Family Foundation reported a surplus of $75K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $207K | $132K | $1.4M | $1 | — | View 990 |
| 2022 | $160K | $138K | $1.3M | $1 | — | View 990 |
| 2021 | $262K | $97K | $1.3M | $1 | — | View 990 |
| 2020 | $123K | $90K | $1.1M | $1 | — | — |
| 2019 | $106K | $70K | $1.1M | $1 | — | View 990 |
| 2015 | $108K | $58K | $1.1M | $1 | — | View 990 |
| 2014 | $91K | $56K | $1.1M | $1 | — | View 990 |
| 2013 | $84K | $63K | $1.0M | $1 | — | View 990 |
| 2012 | $80K | $60K | $1.0M | $3K | — | View 990 |
| 2011 | $54K | $47K | $1.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $207K, expenses of $132K, and assets of $1.4M (revenue +29.5% year-over-year).
- 2022: Revenue of $160K, expenses of $138K, and assets of $1.3M (revenue -38.9% year-over-year).
- 2021: Revenue of $262K, expenses of $97K, and assets of $1.3M (revenue +113.1% year-over-year).
- 2020: Revenue of $123K, expenses of $90K, and assets of $1.1M (revenue +16.5% year-over-year).
- 2019: Revenue of $106K, expenses of $70K, and assets of $1.1M (revenue -2.6% year-over-year).
- 2015: Revenue of $108K, expenses of $58K, and assets of $1.1M (revenue +18.6% year-over-year).
- 2014: Revenue of $91K, expenses of $56K, and assets of $1.1M (revenue +8.6% year-over-year).
- 2013: Revenue of $84K, expenses of $63K, and assets of $1.0M (revenue +4.9% year-over-year).
- 2012: Revenue of $80K, expenses of $60K, and assets of $1.0M (revenue +47.6% year-over-year).
- 2011: Revenue of $54K, expenses of $47K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Logan Family Foundation:
Data Sources and Methodology
This transparency report for Logan 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.