Neviaser Charitable Foundation Inc
Neviaser Charitable Foundation consistently maintains over $19 million in assets with zero reported officer compensation.
EIN: 208774946 · Ponte Vedra Beach, FL · Updated: 2026-03-28
Is Neviaser Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Neviaser Charitable Foundation Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Neviaser Charitable Foundation Inc
Neviaser Charitable Foundation Inc (EIN: 208774946) is a nonprofit organization based in Ponte Vedra Beach, FL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neviaser Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neviaser Charitable Foundation Inc is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-26,942 |
| Total Assets | $19.6M |
| Total Liabilities | $1 |
| Net Assets | $19.6M |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 201.0 months |
Financial Health Grade: B
In 2015, Neviaser Charitable Foundation Inc reported a deficit of $27K with expenses exceeding revenue, holds 201.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Neviaser Charitable Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -36.1% | -7.2% | -0.2% |
| 2014 | +62.2% | -11.7% | +2.8% |
| 2013 | +18.3% | +1.4% | -1.7% |
| 2012 | -27.7% | -0.3% | -2.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Neviaser Charitable Foundation Inc 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Neviaser Charitable Foundation Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation from the foundation, which is highly efficient for an organization of its asset size.
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 Neviaser Charitable Foundation Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, which contradicts historical data and may indicate incomplete information or a significant change not explained.
- Lack of detailed expense breakdown in the provided data makes it difficult to fully assess spending efficiency beyond officer compensation.
Strengths
The following positive indicators were identified for Neviaser Charitable Foundation Inc:
- Consistent maintenance of substantial assets (over $19 million) indicating financial stability.
- Zero reported officer compensation across all filings, demonstrating highly efficient use of funds regarding executive pay.
- Low liabilities reported across all periods, suggesting sound financial management.
Frequently Asked Questions about Neviaser Charitable Foundation Inc
Is Neviaser Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Neviaser Charitable Foundation Inc (EIN: 208774946) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Neviaser Charitable Foundation Inc spend its money?
Neviaser Charitable Foundation Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Neviaser Charitable Foundation Inc tax-deductible?
Neviaser Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208774946). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific program areas or grantees supported by the Neviaser Charitable Foundation?
The provided IRS 990 data does not detail specific program areas or grantees. Further investigation into the full 990 forms would be necessary to understand the foundation's charitable distributions.
How does the foundation manage its investment portfolio given its substantial assets?
The provided data does not offer details on investment management strategies. The consistent asset base suggests a stable investment approach, but specifics would require reviewing the full financial statements.
Why does the latest filing show $0 revenue and assets, while previous years show significant figures?
The latest filing showing $0 revenue and assets is likely an anomaly or an incomplete data point. Given the consistent history of substantial assets and revenue, it's probable that the latest data provided is not representative of the foundation's ongoing financial status or is a summary that omits details.
Filing History
IRS 990 filing history for Neviaser Charitable Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Neviaser Charitable Foundation Inc's revenue has declined by 11.4%, moving from $1.3M to $1.1M. Total assets decreased by 1.5% over the same period, from $19.9M to $19.6M. Total functional expenses fell by 17.2%, from $1.4M to $1.2M. In its most recent filing year (2015), Neviaser Charitable Foundation Inc reported a deficit of $27K, with expenses exceeding revenue. The organization holds $1 in liabilities against $19.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $19.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $1.1M | $1.2M | $19.6M | $1 | — | View 990 |
| 2014 | $1.8M | $1.3M | $19.6M | $1 | — | View 990 |
| 2013 | $1.1M | $1.4M | $19.1M | $1 | — | View 990 |
| 2012 | $931K | $1.4M | $19.4M | $0 | — | View 990 |
| 2011 | $1.3M | $1.4M | $19.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $19.6M (revenue -36.1% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.3M, and assets of $19.6M (revenue +62.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.4M, and assets of $19.1M (revenue +18.3% year-over-year).
- 2012: Revenue of $931K, expenses of $1.4M, and assets of $19.4M (revenue -27.7% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.4M, and assets of $19.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neviaser Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Neviaser Charitable Foundation Inc 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.