Longwell Family Foundation
Longwell Family Foundation shows volatile finances with zero officer compensation and fluctuating assets.
EIN: 205970193 · Albany, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $2.0M |
| Program Spending | 80% |
| Net Assets | $1.9M |
| Transparency Score | 70/100 |
Is Longwell Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Longwell Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Longwell Family Foundation
Longwell Family Foundation (EIN: 205970193) is a nonprofit organization based in Albany, NY, classified under NTEE code T22. The organization reported total revenue of $3.3M and total assets of $639K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Longwell Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Longwell Family Foundation is a mid-size nonprofit that has been operating for 19 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 | $1.8M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-180,926 |
| Total Assets | $1.9M |
| Total Liabilities | $1 |
| Net Assets | $1.9M |
| Operating Margin | -10.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2023, Longwell Family Foundation reported a deficit of $181K with expenses exceeding revenue, holds 11.3 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), Longwell Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.2% | +230.7% | -3.8% |
| 2022 | +67.2% | +28.9% | +2.6% |
| 2021 | +24.0% | -26.6% | +8.1% |
| 2020 | +17.7% | -19.5% | -0.1% |
| 2019 | -52.3% | -37.6% | -49.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Longwell Family Foundation with a Mission Score of 70 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, Longwell 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 $181K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly unusual for an organization with revenues in the millions.
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 Longwell Family Foundation's IRS 990 filings:
- Significant volatility in annual revenue and expenses, making financial planning challenging.
- Substantial decline in reported assets from $3.6M in 2014 to $638K currently, indicating potential asset depletion or reclassification.
- Operating at a deficit in 2023 (expenses $1,993,325 vs. revenue $1,812,399).
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering efficiency assessment.
Strengths
The following positive indicators were identified for Longwell Family Foundation:
- Consistent reporting of 0% officer compensation, suggesting a commitment to minimizing executive overhead.
- Historically low liabilities, often reported as $1, indicating sound debt management.
- Significant revenue generation in some years, reaching over $3 million in 2014 and 2013.
Frequently Asked Questions about Longwell Family Foundation
Is Longwell Family Foundation a legitimate charity?
Longwell Family Foundation (EIN: 205970193) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.3M. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Longwell Family Foundation spend its money?
Longwell Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Longwell Family Foundation tax-deductible?
Longwell Family Foundation is registered as a tax-exempt nonprofit (EIN: 205970193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Longwell Family Foundation's spending goes to programs?
Longwell Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Longwell Family Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Longwell 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 Longwell Family Foundation located?
Longwell Family Foundation is headquartered in Albany, New York and files with the IRS under EIN 205970193. It is classified under NTEE code T22.
How many years of IRS 990 filings does Longwell Family Foundation have?
Longwell 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 $3.3M in total revenue.
Why do assets fluctuate so significantly, from $3.6M in 2014 to $638K currently?
The provided data shows a substantial decrease in reported assets over time, from a peak of $3,650,044 in 2014 to $1,870,588 in 2023, and a further drop to $638,944 in the latest revenue data. This trend suggests either significant distributions, investment losses, or a change in asset reporting, which warrants further investigation.
How does the foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with revenues in the millions. This could indicate that officers are volunteers, compensated through other entities, or that the foundation's operational model relies heavily on non-salaried leadership.
What caused the deficit in 2023, where expenses ($1,993,325) exceeded revenue ($1,812,399)?
In 2023, the foundation spent more than it earned, resulting in a deficit. This could be due to increased program spending, unexpected operational costs, or a temporary dip in funding, and it's important to understand if this is a planned or recurring event.
What are the primary sources of the foundation's revenue, given its volatility?
The revenue figures show significant year-to-year fluctuations, ranging from $650,137 in 2019 to $3,367,698 in 2014. Understanding the primary sources of this revenue (e.g., investment income, grants, donations) would help assess the sustainability and predictability of its funding model.
What is the breakdown of program, administrative, and fundraising expenses?
The provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for evaluating the organization's spending efficiency and how much of its resources directly support its mission.
Filing History
IRS 990 filing history for Longwell Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Longwell Family Foundation's revenue has grown by 31.6%, moving from $1.4M to $1.8M. Total assets increased by 16.3% over the same period, from $1.6M to $1.9M. Total functional expenses rose by 199.5%, from $666K to $2.0M. In its most recent filing year (2023), Longwell Family Foundation reported a deficit of $181K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.0M | $1.9M | $1 | — | View 990 |
| 2022 | $1.6M | $603K | $1.9M | $1 | — | View 990 |
| 2021 | $949K | $468K | $1.9M | $1 | — | — |
| 2020 | $765K | $637K | $1.8M | $1 | — | — |
| 2019 | $650K | $791K | $1.8M | $1 | — | View 990 |
| 2015 | $1.4M | $1.3M | $3.5M | $1 | — | View 990 |
| 2014 | $3.4M | $2.1M | $3.7M | $1 | — | View 990 |
| 2013 | $3.2M | $766K | $2.9M | $15K | — | View 990 |
| 2012 | $3.0M | $841K | $1.2M | $1 | — | View 990 |
| 2011 | $1.4M | $666K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.0M, and assets of $1.9M (revenue +14.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $603K, and assets of $1.9M (revenue +67.2% year-over-year).
- 2021: Revenue of $949K, expenses of $468K, and assets of $1.9M (revenue +24.0% year-over-year).
- 2020: Revenue of $765K, expenses of $637K, and assets of $1.8M (revenue +17.7% year-over-year).
- 2019: Revenue of $650K, expenses of $791K, and assets of $1.8M (revenue -52.3% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $3.5M (revenue -59.5% year-over-year).
- 2014: Revenue of $3.4M, expenses of $2.1M, and assets of $3.7M (revenue +4.4% year-over-year).
- 2013: Revenue of $3.2M, expenses of $766K, and assets of $2.9M (revenue +7.3% year-over-year).
- 2012: Revenue of $3.0M, expenses of $841K, and assets of $1.2M (revenue +118.3% year-over-year).
- 2011: Revenue of $1.4M, expenses of $666K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Longwell Family Foundation:
Data Sources and Methodology
This transparency report for Longwell 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.