Owen Cheatham Foundation

Owen Cheatham Foundation maintains strong assets despite fluctuating revenue and a recent deficit.

EIN: 136097798 · Tequesta, FL · Updated: 2026-03-28

$5.3MRevenue

$5.4MAssets

80/100Mission Score (Excellent)

About Owen Cheatham Foundation

Owen Cheatham Foundation (EIN: 136097798) is a nonprofit organization based in Tequesta, FL. The organization reported total revenue of $5.3M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Owen Cheatham Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Owen Cheatham Foundation demonstrates a consistent commitment to its mission, as evidenced by its financial filings. Over the past decade, the organization has maintained a healthy asset base, consistently above $4 million, indicating long-term stability. While revenue has fluctuated, including a negative revenue figure in 2023 (-$63,502), the foundation has generally managed its expenses well, keeping them below revenue in most years, particularly from 2015 to 2022. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership or that compensation is covered by other means, which can be a positive indicator of efficiency, though it warrants further investigation for full transparency.

The foundation's spending efficiency appears strong, with expenses generally well-controlled relative to its asset base and revenue. For instance, in 2022, with revenue of $878,944, expenses were $288,167, leaving a significant surplus. The negative revenue in 2023, coupled with expenses of $293,607, led to a decrease in assets, but the overall asset base remains robust at $4,814,202. The consistent low liabilities across all periods also points to sound financial management and minimal debt burden.

Transparency is generally good, with 10 years of IRS 990 filings available. However, the NTEE code being 'Unknown' could indicate a lack of specific categorization, which might make it harder for donors to understand its precise programmatic focus. The lack of reported officer compensation, while potentially a strength, could also be a point for further clarification to ensure complete transparency regarding all forms of remuneration or support for leadership.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Owen Cheatham Foundation with a Mission Score of 80 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, Owen Cheatham 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.

Executive Compensation Analysis

The Owen Cheatham Foundation consistently reports 0% officer compensation across all available filings, suggesting a volunteer leadership or that compensation is not directly reported in this section, which is highly efficient for an organization with assets consistently over $4 million.

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 Owen Cheatham Foundation's IRS 990 filings:

Negative revenue reported in 2023 (-$63,502) without immediate explanation
NTEE Code is 'Unknown', hindering understanding of specific mission focus

Strengths

The following positive indicators were identified for Owen Cheatham Foundation:

Consistent healthy asset base (over $4 million for all reported periods)
Very low liabilities across all filing periods, indicating minimal debt
0% officer compensation reported, suggesting highly efficient leadership costs
Consistent filing history (10 filings), indicating good transparency practices
Expenses generally well-controlled relative to revenue in most years

Frequently Asked Questions about Owen Cheatham Foundation

Is the Owen Cheatham Foundation a good charity?

Based on its financial health, consistent asset base, and low liabilities, the Owen Cheatham Foundation appears to be a financially stable organization. Its consistent reporting of 0% officer compensation suggests high efficiency in leadership costs. However, without a clear NTEE code or detailed program expense breakdown, it's difficult to fully assess its programmatic impact.

Why was revenue negative in 2023?

The 2023 filing shows a revenue of - $63,502. This could be due to various factors such as significant investment losses, returns of grants, or accounting adjustments. Further detail from the full 990 filing would be needed to understand the specific cause.

How does the foundation manage its expenses?

The foundation generally manages its expenses effectively, often keeping them well below revenue, as seen in 2022 where expenses were $288,167 against $878,944 in revenue. Even in years with lower revenue, expenses have been relatively stable and controlled, indicating prudent financial oversight.

What is the foundation's primary program focus?

The provided data does not specify the NTEE code, which would typically indicate the organization's primary program focus. Without this information or a detailed breakdown of program expenses, the specific mission areas are unclear.

Filing History

IRS 990 filing history for Owen Cheatham Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Owen Cheatham Foundation's revenue has declined by 124.7%, moving from $258K to $-63,502. Total assets increased by 11.1% over the same period, from $4.3M to $4.8M. Total functional expenses fell by 10.4%, from $328K to $294K. The organization holds $1 in liabilities against $4.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$-63,502	$294K	$4.8M	$1	—	—
2022	$879K	$288K	$5.2M	$5K	—	View 990
2021	$453K	$193K	$4.6M	$4K	—	View 990
2020	$164K	$205K	$4.3M	$1	—	—
2019	$137K	$165K	$4.4M	$1	—	View 990
2015	$470K	$193K	$4.6M	$3K	—	View 990
2014	$366K	$370K	$4.4M	$3K	—	View 990
2013	$383K	$414K	$4.4M	$0	—	View 990
2012	$310K	$322K	$4.3M	$0	—	View 990
2011	$258K	$328K	$4.3M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $-63,502, expenses of $294K, and assets of $4.8M (revenue -107.2% year-over-year).
2022: Revenue of $879K, expenses of $288K, and assets of $5.2M (revenue +94.1% year-over-year).
2021: Revenue of $453K, expenses of $193K, and assets of $4.6M (revenue +176.1% year-over-year).
2020: Revenue of $164K, expenses of $205K, and assets of $4.3M (revenue +20.0% year-over-year).
2019: Revenue of $137K, expenses of $165K, and assets of $4.4M (revenue -70.9% year-over-year).
2015: Revenue of $470K, expenses of $193K, and assets of $4.6M (revenue +28.2% year-over-year).
2014: Revenue of $366K, expenses of $370K, and assets of $4.4M (revenue -4.2% year-over-year).
2013: Revenue of $383K, expenses of $414K, and assets of $4.4M (revenue +23.5% year-over-year).
2012: Revenue of $310K, expenses of $322K, and assets of $4.3M (revenue +20.2% year-over-year).
2011: Revenue of $258K, expenses of $328K, and assets of $4.3M.

Data Sources and Methodology

This transparency report for Owen Cheatham 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.