Miller Family Foundation
Miller Family Foundation maintains strong asset growth despite volatile revenue and recent deficit.
EIN: 206072681 · Warner, OK · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $269K |
| Total Expenses | $196K |
| Program Spending | 85% |
| Net Assets | $4.5M |
| Transparency Score | 85/100 |
Is Miller Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Miller Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Miller Family Foundation
Miller Family Foundation (EIN: 206072681) is a nonprofit organization based in Warner, OK, classified under NTEE code T22. The organization reported total revenue of $269K and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miller Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Miller Family Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $171K |
| Total Expenses | $196K |
| Surplus / Deficit | $-25,315 |
| Total Assets | $4.5M |
| Total Liabilities | $1 |
| Net Assets | $4.5M |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 272.7 months |
Financial Health Grade: B
In 2023, Miller Family Foundation reported a deficit of $25K with expenses exceeding revenue, holds 272.7 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), Miller Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -83.1% | +468.4% | +3.5% |
| 2022 | +51.5% | -75.5% | +27.9% |
| 2021 | +90.5% | +10.3% | +18.6% |
| 2020 | +582.8% | -6.1% | +21.1% |
| 2019 | -87.9% | +3.2% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Miller 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: 85%
- fundraising: 5%
According to IRS 990 filings, Miller Family Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $25K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Miller Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is a strong positive for resource allocation directly to 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 Miller Family Foundation's IRS 990 filings:
- Volatile annual revenue, making financial planning potentially challenging.
- Expenses exceeded revenue in the most recent filing period (202312), indicating a deficit for that year.
Strengths
The following positive indicators were identified for Miller Family Foundation:
- Strong and consistent asset growth over the past decade, from $1.47M to $4.45M.
- Consistently reports 0% officer compensation, indicating efficient use of funds.
- Minimal liabilities reported across all filing periods, demonstrating a healthy balance sheet.
- Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
Frequently Asked Questions about Miller Family Foundation
Is Miller Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Miller Family Foundation (EIN: 206072681) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Miller Family Foundation spend its money?
Miller Family Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Miller Family Foundation tax-deductible?
Miller Family Foundation is registered as a tax-exempt nonprofit (EIN: 206072681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Miller Family Foundation's spending goes to programs?
Miller Family Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Miller Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Miller 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 Miller Family Foundation located?
Miller Family Foundation is headquartered in Warner, Oklahoma and files with the IRS under EIN 206072681. It is classified under NTEE code T22.
How many years of IRS 990 filings does Miller Family Foundation have?
Miller 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 $269K in total revenue.
Is the Miller Family Foundation financially stable?
Yes, the Miller Family Foundation appears financially stable, with assets growing from $1.47 million in 2011 to $4.45 million in 2023, and consistently low liabilities. While revenue can be volatile, the substantial asset base provides a strong financial buffer.
How efficient is the Miller Family Foundation with its spending?
Based on the consistent reporting of 0% officer compensation and a strong asset base, the foundation appears efficient. Without detailed expense breakdowns, it's difficult to pinpoint exact program vs. administrative ratios, but the overall financial health suggests good stewardship.
Why did expenses exceed revenue in 2023?
In the 202312 period, the foundation reported $195,943 in expenses against $170,628 in revenue. This indicates that for that specific year, the organization spent more than it brought in, likely drawing from its accumulated assets to cover operational costs or program expenditures.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, increasing from $1,470,603 in 2011 to $4,452,786 in 2023, demonstrating significant growth and accumulation of resources over the past decade.
Filing History
IRS 990 filing history for Miller Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Miller Family Foundation's revenue has declined by 59.5%, moving from $421K to $171K. Total assets increased by 202.8% over the same period, from $1.5M to $4.5M. Total functional expenses rose by 28%, from $153K to $196K. In its most recent filing year (2023), Miller Family Foundation reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $171K | $196K | $4.5M | $1 | — | — |
| 2022 | $1.0M | $34K | $4.3M | $1 | — | View 990 |
| 2021 | $668K | $141K | $3.4M | $1 | — | View 990 |
| 2020 | $350K | $127K | $2.8M | $1 | — | — |
| 2019 | $51K | $136K | $2.3M | $1 | — | View 990 |
| 2015 | $423K | $131K | $2.3M | $1 | — | View 990 |
| 2014 | $267K | $139K | $2.0M | $0 | — | View 990 |
| 2013 | $317K | $143K | $1.9M | $0 | — | View 990 |
| 2012 | $417K | $143K | $1.7M | $0 | — | View 990 |
| 2011 | $421K | $153K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $171K, expenses of $196K, and assets of $4.5M (revenue -83.1% year-over-year).
- 2022: Revenue of $1.0M, expenses of $34K, and assets of $4.3M (revenue +51.5% year-over-year).
- 2021: Revenue of $668K, expenses of $141K, and assets of $3.4M (revenue +90.5% year-over-year).
- 2020: Revenue of $350K, expenses of $127K, and assets of $2.8M (revenue +582.8% year-over-year).
- 2019: Revenue of $51K, expenses of $136K, and assets of $2.3M (revenue -87.9% year-over-year).
- 2015: Revenue of $423K, expenses of $131K, and assets of $2.3M (revenue +58.3% year-over-year).
- 2014: Revenue of $267K, expenses of $139K, and assets of $2.0M (revenue -15.7% year-over-year).
- 2013: Revenue of $317K, expenses of $143K, and assets of $1.9M (revenue -24.0% year-over-year).
- 2012: Revenue of $417K, expenses of $143K, and assets of $1.7M (revenue -0.8% year-over-year).
- 2011: Revenue of $421K, expenses of $153K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Miller Family Foundation:
Data Sources and Methodology
This transparency report for Miller 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.