Louis And Peaches Owen Family Foundation
Louis And Peaches Owen Family Foundation maintains stable assets and consistent expenses with zero reported officer compensation.
EIN: 205919770 · Tyler, TX · NTEE: T20 · Updated: 2026-03-28
Is Louis And Peaches Owen Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Louis And Peaches Owen Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Louis And Peaches Owen Family Foundation
Louis And Peaches Owen Family Foundation (EIN: 205919770) is a nonprofit organization based in Tyler, TX, classified under NTEE code T20. The organization reported total revenue of $6.3M and total assets of $13.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Louis And Peaches Owen Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Louis And Peaches Owen 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Louis And Peaches Owen 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this asset size ($13.8 million to $15.7 million) and suggests either a fully volunteer-led executive team or compensation structured in a way not reported as officer compensation on the 990.
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 Louis And Peaches Owen Family Foundation's IRS 990 filings:
- Lack of detailed functional expense breakdown prevents full assessment of program efficiency.
- Zero reported officer compensation is unusual for an organization of this size and could warrant further inquiry into how leadership is sustained.
Strengths
The following positive indicators were identified for Louis And Peaches Owen Family Foundation:
- Consistent and substantial asset base ($13.8M - $15.7M) indicates strong financial stability.
- Extremely low liabilities (often $1) demonstrate excellent financial health and minimal debt.
- Stable expense levels (around $1.0M - $1.2M annually) suggest predictable and controlled spending.
- Zero reported officer compensation indicates a highly efficient or volunteer-driven executive structure.
- Consistent IRS 990 filing history (10 filings) demonstrates good transparency and compliance.
Frequently Asked Questions about Louis And Peaches Owen Family Foundation
Is Louis And Peaches Owen Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Louis And Peaches Owen Family Foundation (EIN: 205919770) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Louis And Peaches Owen Family Foundation spend its money?
Louis And Peaches Owen Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Louis And Peaches Owen Family Foundation tax-deductible?
Louis And Peaches Owen Family Foundation is registered as a tax-exempt nonprofit (EIN: 205919770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the foundation manage to operate with zero reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the foundation may be entirely volunteer-run at the executive level, or that executive services are provided pro bono, or compensated through a related entity not directly reported as officer compensation on the 990. This is a significant indicator of lean operations.
What is the primary source of the foundation's revenue fluctuations?
Given the nature of foundations, the significant fluctuations in revenue (e.g., $646,201 in 2022 vs. $2,053,628 in 2015) are likely due to varying investment returns on its substantial asset base or inconsistent large donations, rather than earned income from programs.
What percentage of total expenses goes directly to program services?
While the exact functional expense breakdown is not provided in the summary data, the consistent and relatively low total expenses (around $1.0M-$1.2M) combined with zero officer compensation suggests a high proportion of spending is likely directed towards program services or grants, estimated at 90% in the spending breakdown.
Filing History
IRS 990 filing history for Louis And Peaches Owen Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Louis And Peaches Owen Family Foundation's revenue has declined by 53.4%, moving from $1.5M to $688K. Total assets decreased by 9.8% over the same period, from $15.5M to $14.0M. Total functional expenses fell by 2.8%, from $1.1M to $1.1M. In its most recent filing year (2023), Louis And Peaches Owen Family Foundation reported a deficit of $424K, with expenses exceeding revenue. The organization holds $1 in liabilities against $14.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $14.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $688K | $1.1M | $14.0M | $1 | — | View 990 |
| 2022 | $646K | $1.1M | $14.4M | $1 | — | View 990 |
| 2021 | $1.9M | $1.0M | $14.9M | $1 | — | — |
| 2020 | $989K | $1.0M | $14.0M | $1 | — | View 990 |
| 2019 | $1.1M | $1.0M | $14.0M | $1 | — | View 990 |
| 2015 | $2.1M | $1.1M | $15.7M | $2K | — | View 990 |
| 2014 | $954K | $1.2M | $14.9M | $130K | — | View 990 |
| 2013 | $665K | $1.2M | $15.0M | $2K | — | View 990 |
| 2012 | $1.2M | $1.1M | $15.6M | $2K | — | View 990 |
| 2011 | $1.5M | $1.1M | $15.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $688K, expenses of $1.1M, and assets of $14.0M (revenue +6.4% year-over-year).
- 2022: Revenue of $646K, expenses of $1.1M, and assets of $14.4M (revenue -66.0% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.0M, and assets of $14.9M (revenue +92.3% year-over-year).
- 2020: Revenue of $989K, expenses of $1.0M, and assets of $14.0M (revenue -9.9% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $14.0M (revenue -46.5% year-over-year).
- 2015: Revenue of $2.1M, expenses of $1.1M, and assets of $15.7M (revenue +115.3% year-over-year).
- 2014: Revenue of $954K, expenses of $1.2M, and assets of $14.9M (revenue +43.5% year-over-year).
- 2013: Revenue of $665K, expenses of $1.2M, and assets of $15.0M (revenue -43.5% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.1M, and assets of $15.6M (revenue -20.2% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.1M, and assets of $15.5M.
Data Sources and Methodology
This transparency report for Louis And Peaches Owen 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.