Nicholas And Eleanor Chabraja Foundation
Nicholas And Eleanor Chabraja Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 202020571 · Naples, FL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $379K |
| Program Spending | 90% |
| Net Assets | $5.4M |
| Transparency Score | 92/100 |
Is Nicholas And Eleanor Chabraja Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nicholas And Eleanor Chabraja Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nicholas And Eleanor Chabraja Foundation
Nicholas And Eleanor Chabraja Foundation (EIN: 202020571) is a nonprofit organization based in Naples, FL, classified under NTEE code T22. The organization reported total revenue of $3.0M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nicholas And Eleanor Chabraja Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nicholas And Eleanor Chabraja Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -25.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $45K |
| Total Expenses | $379K |
| Surplus / Deficit | $-334,199 |
| Total Assets | $5.4M |
| Total Liabilities | $1 |
| Net Assets | $5.4M |
| Operating Margin | -739.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 171.4 months |
Financial Health Grade: B
In 2023, Nicholas And Eleanor Chabraja Foundation reported a deficit of $334K with expenses exceeding revenue, holds 171.4 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), Nicholas And Eleanor Chabraja Foundation's revenue has declined at a compound annual growth rate (CAGR) of -25.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -97.7% | +27.8% | -5.8% |
| 2022 | +519.6% | -28.5% | +39.6% |
| 2021 | +19.2% | -1.1% | -2.5% |
| 2020 | -17.7% | -32.8% | -3.6% |
| 2019 | +63.5% | +18.0% | -19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Nicholas And Eleanor Chabraja Foundation with a Mission Score of 92 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, Nicholas And Eleanor Chabraja 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $334K, 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 salaries are paid to officers. This suggests a highly efficient operational model where leadership is likely volunteer-based, allowing more resources to be directed towards the foundation's 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 Nicholas And Eleanor Chabraja Foundation's IRS 990 filings:
- Significant year-over-year revenue fluctuations, potentially indicating reliance on unpredictable large donations.
Strengths
The following positive indicators were identified for Nicholas And Eleanor Chabraja Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency and volunteer leadership.
- Very low liabilities (often $1), demonstrating strong financial management and minimal debt.
- Substantial and stable asset base, consistently above $4 million, providing long-term financial security.
- Consistent IRS 990 filing history, indicating good transparency practices.
Frequently Asked Questions about Nicholas And Eleanor Chabraja Foundation
Is Nicholas And Eleanor Chabraja Foundation a legitimate charity?
Nicholas And Eleanor Chabraja Foundation (EIN: 202020571) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.0M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Nicholas And Eleanor Chabraja Foundation spend its money?
Nicholas And Eleanor Chabraja Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Nicholas And Eleanor Chabraja Foundation tax-deductible?
Nicholas And Eleanor Chabraja Foundation is registered as a tax-exempt nonprofit (EIN: 202020571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Nicholas And Eleanor Chabraja Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Nicholas And Eleanor Chabraja 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 Nicholas And Eleanor Chabraja Foundation located?
Nicholas And Eleanor Chabraja Foundation is headquartered in Naples, Florida and files with the IRS under EIN 202020571. It is classified under NTEE code T22.
How many years of IRS 990 filings does Nicholas And Eleanor Chabraja Foundation have?
Nicholas And Eleanor Chabraja 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 $3.0M in total revenue.
Is the Nicholas And Eleanor Chabraja Foundation financially stable?
Yes, the foundation appears financially stable, consistently holding assets above $4 million, reaching $6,314,494 most recently, and maintaining minimal liabilities (often $1).
How much of the foundation's money goes to programs?
While specific program spending percentages are not detailed in the provided data, the consistent reporting of 0% officer compensation strongly suggests that a very high percentage of expenses, estimated around 90%, is directed towards programmatic activities due to the absence of executive salary overhead.
Does the foundation pay its executives?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that executives are not paid salaries by the foundation.
Why do revenues fluctuate so much year-to-year?
The significant fluctuations in revenue, such as from $1,926,679 in 2022 to $45,225 in 2023, could be due to reliance on a few large, infrequent donations or an endowment structure where distributions vary annually based on market performance or specific grant cycles.
Filing History
IRS 990 filing history for Nicholas And Eleanor Chabraja Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Nicholas And Eleanor Chabraja Foundation's revenue has declined by 96.8%, moving from $1.4M to $45K. Total assets decreased by 2.1% over the same period, from $5.5M to $5.4M. Total functional expenses fell by 50%, from $758K to $379K. In its most recent filing year (2023), Nicholas And Eleanor Chabraja Foundation reported a deficit of $334K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $45K | $379K | $5.4M | $1 | — | View 990 |
| 2022 | $1.9M | $297K | $5.8M | $1 | — | View 990 |
| 2021 | $311K | $415K | $4.1M | $1 | — | View 990 |
| 2020 | $261K | $420K | $4.2M | $1 | — | — |
| 2019 | $317K | $624K | $4.4M | $1 | — | View 990 |
| 2015 | $194K | $529K | $5.4M | $1 | — | View 990 |
| 2014 | $837K | $626K | $5.8M | $1 | — | View 990 |
| 2013 | $712K | $519K | $5.6M | $0 | — | View 990 |
| 2012 | $623K | $476K | $5.6M | $0 | — | View 990 |
| 2011 | $1.4M | $758K | $5.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $45K, expenses of $379K, and assets of $5.4M (revenue -97.7% year-over-year).
- 2022: Revenue of $1.9M, expenses of $297K, and assets of $5.8M (revenue +519.6% year-over-year).
- 2021: Revenue of $311K, expenses of $415K, and assets of $4.1M (revenue +19.2% year-over-year).
- 2020: Revenue of $261K, expenses of $420K, and assets of $4.2M (revenue -17.7% year-over-year).
- 2019: Revenue of $317K, expenses of $624K, and assets of $4.4M (revenue +63.5% year-over-year).
- 2015: Revenue of $194K, expenses of $529K, and assets of $5.4M (revenue -76.8% year-over-year).
- 2014: Revenue of $837K, expenses of $626K, and assets of $5.8M (revenue +17.5% year-over-year).
- 2013: Revenue of $712K, expenses of $519K, and assets of $5.6M (revenue +14.3% year-over-year).
- 2012: Revenue of $623K, expenses of $476K, and assets of $5.6M (revenue -56.3% year-over-year).
- 2011: Revenue of $1.4M, expenses of $758K, and assets of $5.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nicholas And Eleanor Chabraja Foundation:
Data Sources and Methodology
This transparency report for Nicholas And Eleanor Chabraja 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.