Myler Family Foundation
Myler Family Foundation shows consistent revenue, growing assets, and no reported officer compensation over five years.
EIN: 208407837 · Scottsdale, AZ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $139K |
| Program Spending | 80% |
| Net Assets | $47K |
| Transparency Score | 85/100 |
Is Myler Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Myler Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Myler Family Foundation
Myler Family Foundation (EIN: 208407837) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code T22. The organization reported total revenue of $200K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Myler Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Myler Family Foundation is a small nonprofit that has been operating for 19 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 30.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $150K |
| Total Expenses | $139K |
| Surplus / Deficit | +$11K |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | 7.2% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2015, Myler Family Foundation reported a surplus of $11K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate).
Financial Trends
Over 5 years of filings (2011–2015), Myler Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 30.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -6.3% | -9.9% | +29.8% |
| 2014 | +14.3% | +8.8% | +18.1% |
| 2013 | -6.8% | +1.2% | -5.9% |
| 2012 | +191.0% | +33.9% | +43.4% |
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 Myler 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Myler 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $11K, with revenue exceeding expenses.
Executive Compensation Analysis
The Myler Family Foundation reports 0% officer compensation across all five available filing periods, suggesting that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly favorable for donor perception of efficiency.
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.
Strengths
The following positive indicators were identified for Myler Family Foundation:
- Consistent revenue generation, with latest revenue at $200,016.
- Strong asset growth, increasing from $22,748 to $94,008 over five years.
- Extremely low liabilities, consistently reported at $0 or $1.
- No reported officer compensation, indicating high efficiency or volunteer leadership.
- Consistent IRS 990 filing history over five periods, demonstrating transparency.
Frequently Asked Questions about Myler Family Foundation
Is Myler Family Foundation a legitimate charity?
Myler Family Foundation (EIN: 208407837) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 5 years of IRS 990 filings on record. Total revenue: $200K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Myler Family Foundation spend its money?
Myler Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Myler Family Foundation tax-deductible?
Myler Family Foundation is registered as a tax-exempt nonprofit (EIN: 208407837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Myler Family Foundation's spending goes to programs?
Myler Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Myler Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Myler 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 Myler Family Foundation located?
Myler Family Foundation is headquartered in Scottsdale, Arizona and files with the IRS under EIN 208407837. It is classified under NTEE code T22.
How many years of IRS 990 filings does Myler Family Foundation have?
Myler Family Foundation has 5 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 $200K in total revenue.
How does Myler Family Foundation utilize its growing assets?
With assets increasing from $22,748 in 2011 to $94,008 in the latest period, understanding the specific investment strategies or program endowments would provide insight into long-term impact.
What are the specific programs Myler Family Foundation funds?
Given its NTEE code T22 (Private Grantmaking Foundations), understanding the specific beneficiaries or types of grants awarded would clarify its programmatic impact.
Filing History
IRS 990 filing history for Myler Family Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Myler Family Foundation's revenue has grown by 190.7%, moving from $52K to $150K. Total assets increased by 106.8% over the same period, from $23K to $47K. Total functional expenses rose by 32.9%, from $105K to $139K. In its most recent filing year (2015), Myler Family Foundation reported a surplus of $11K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $150K | $139K | $47K | $0 | — | View 990 |
| 2014 | $160K | $154K | $36K | $1 | — | View 990 |
| 2013 | $140K | $142K | $31K | $1 | — | View 990 |
| 2012 | $150K | $140K | $33K | $1 | — | View 990 |
| 2011 | $52K | $105K | $23K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $150K, expenses of $139K, and assets of $47K (revenue -6.3% year-over-year).
- 2014: Revenue of $160K, expenses of $154K, and assets of $36K (revenue +14.3% year-over-year).
- 2013: Revenue of $140K, expenses of $142K, and assets of $31K (revenue -6.8% year-over-year).
- 2012: Revenue of $150K, expenses of $140K, and assets of $33K (revenue +191.0% year-over-year).
- 2011: Revenue of $52K, expenses of $105K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Myler Family Foundation:
Data Sources and Methodology
This transparency report for Myler 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.