Owings Family Foundation
Owings Family Foundation maintains stable assets and zero officer compensation over a decade.
EIN: 200390789 · Greer, SC · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $158K |
| Total Expenses | $154K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.4M |
| Transparency Score | 90/100 |
Is Owings Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Owings Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Owings Family Foundation
Owings Family Foundation (EIN: 200390789) is a nonprofit organization based in Greer, SC, classified under NTEE code T22. The organization reported total revenue of $158K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Owings Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Owings 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 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $154K |
| Surplus / Deficit | $-1,629 |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 109.0 months |
Financial Health Grade: B
In 2023, Owings Family Foundation reported a deficit of $2K with expenses exceeding revenue, holds 109.0 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), Owings Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.3% | -0.5% | +3.6% |
| 2022 | +61.4% | -11.2% | +6.9% |
| 2021 | -14.2% | +10.6% | -0.9% |
| 2020 | +31.5% | -1.2% | +1.7% |
| 2019 | +90.9% | +50.2% | -6.0% |
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 Owings Family Foundation with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Owings Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with over $1 million in assets.
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 Owings Family Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- Unusually low liabilities (often $1) could indicate simplified reporting or specific operational structure
Strengths
The following positive indicators were identified for Owings Family Foundation:
- Consistent zero officer compensation across all filings
- Strong and stable asset base, consistently over $1.2 million
- Negligible liabilities, indicating strong financial health
- Long history of IRS 990 filings demonstrating transparency
- Expenses generally managed well relative to revenue
Frequently Asked Questions about Owings Family Foundation
Is Owings Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Owings Family Foundation (EIN: 200390789) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Owings Family Foundation spend its money?
Owings Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Owings Family Foundation tax-deductible?
Owings Family Foundation is registered as a tax-exempt nonprofit (EIN: 200390789). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Owings Family Foundation CEO make?
Owings Family Foundation's highest-compensated officer earns $1 annually. The organization reported $158K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Owings Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Owings 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 Owings Family Foundation located?
Owings Family Foundation is headquartered in Greer, South Carolina and files with the IRS under EIN 200390789. It is classified under NTEE code T22.
How many years of IRS 990 filings does Owings Family Foundation have?
Owings 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 $158K in total revenue.
How does the Owings Family Foundation manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership roles are either voluntary, compensated through non-officer salaries, or the foundation's operational model minimizes the need for paid executive staff. This is a significant factor in its financial efficiency.
What are the primary programs or grants funded by the Owings Family Foundation?
Based on the provided data, the specific programs or grants are not detailed. However, given the NTEE code T22 (Private Grantmaking Foundations), it primarily functions by providing grants to other organizations or individuals.
Is the Owings Family Foundation financially sustainable given its fluctuating revenue?
Yes, despite revenue fluctuations (e.g., $242,627 in 2022 vs. $152,184 in 2023), the foundation maintains a strong asset base (over $1.3 million in 2023) and minimal liabilities, indicating long-term financial stability and sustainability.
Filing History
IRS 990 filing history for Owings Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Owings Family Foundation's revenue has grown by 16.7%, moving from $130K to $152K. Total assets increased by 14.4% over the same period, from $1.2M to $1.4M. Total functional expenses rose by 114.3%, from $72K to $154K. In its most recent filing year (2023), Owings Family Foundation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $152K | $154K | $1.4M | $1 | — | — |
| 2022 | $243K | $155K | $1.3M | $1 | — | View 990 |
| 2021 | $150K | $174K | $1.3M | $1 | — | View 990 |
| 2020 | $175K | $157K | $1.3M | $1 | — | — |
| 2019 | $133K | $159K | $1.3M | $1 | — | View 990 |
| 2015 | $70K | $106K | $1.3M | $0 | — | View 990 |
| 2014 | $268K | $128K | $1.4M | $28K | — | View 990 |
| 2013 | $144K | $81K | $1.4M | $228 | — | View 990 |
| 2012 | $189K | $74K | $1.3M | $0 | — | View 990 |
| 2011 | $130K | $72K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $152K, expenses of $154K, and assets of $1.4M (revenue -37.3% year-over-year).
- 2022: Revenue of $243K, expenses of $155K, and assets of $1.3M (revenue +61.4% year-over-year).
- 2021: Revenue of $150K, expenses of $174K, and assets of $1.3M (revenue -14.2% year-over-year).
- 2020: Revenue of $175K, expenses of $157K, and assets of $1.3M (revenue +31.5% year-over-year).
- 2019: Revenue of $133K, expenses of $159K, and assets of $1.3M (revenue +90.9% year-over-year).
- 2015: Revenue of $70K, expenses of $106K, and assets of $1.3M (revenue -74.0% year-over-year).
- 2014: Revenue of $268K, expenses of $128K, and assets of $1.4M (revenue +86.9% year-over-year).
- 2013: Revenue of $144K, expenses of $81K, and assets of $1.4M (revenue -24.2% year-over-year).
- 2012: Revenue of $189K, expenses of $74K, and assets of $1.3M (revenue +45.2% year-over-year).
- 2011: Revenue of $130K, expenses of $72K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Owings Family Foundation:
Data Sources and Methodology
This transparency report for Owings 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.