Paul Family Foundation
Paul Family Foundation shows volatile revenue and asset base with consistent deficit spending in recent years.
EIN: 204100160 · Topeka, KS · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $18K |
| Program Spending | 80% |
| Net Assets | $109K |
| Transparency Score | 65/100 |
Is Paul Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paul Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paul Family Foundation
Paul Family Foundation (EIN: 204100160) is a nonprofit organization based in Topeka, KS, classified under NTEE code T22. The organization reported total revenue of $1K and total assets of $91K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paul Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paul Family Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $18K |
| Surplus / Deficit | $-16,748 |
| Total Assets | $109K |
| Total Liabilities | $1 |
| Net Assets | $109K |
| Operating Margin | -1592.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 73.5 months |
Financial Health Grade: B
In 2023, Paul Family Foundation reported a deficit of $17K with expenses exceeding revenue, holds 73.5 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), Paul Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -98.9% | +1.4% | -13.3% |
| 2022 | -9.4% | -74.3% | +162.7% |
| 2021 | +947.9% | +300.0% | +333.1% |
| 2020 | -1.1% | +33.6% | -38.9% |
| 2019 | -88.1% | -82.1% | +21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Paul Family Foundation with a Mission Score of 65 out of 100 (Good). 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, Paul 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Paul Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and that no funds are being used for executive salaries, which is highly efficient for administrative costs.
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 Paul Family Foundation's IRS 990 filings:
- Significant deficit spending in multiple years (e.g., 2023: $1,052 revenue vs. $17,800 expenses; 2014: $15,024 revenue vs. $27,040 expenses).
- Highly volatile revenue streams, making financial planning and consistent grantmaking challenging.
- Declining asset base in recent years (from $125,750 in 2022 to $109,002 in 2023), potentially indicating unsustainable spending or investment losses.
Strengths
The following positive indicators were identified for Paul Family Foundation:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds for executive costs.
- Regular filing of IRS 990 forms, demonstrating transparency in financial reporting.
- Maintained an asset base over $90,000 in 2023, providing some financial cushion despite recent declines.
Frequently Asked Questions about Paul Family Foundation
Is Paul Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Paul Family Foundation (EIN: 204100160) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Paul Family Foundation spend its money?
Paul Family Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Paul Family Foundation tax-deductible?
Paul Family Foundation is registered as a tax-exempt nonprofit (EIN: 204100160). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Paul Family Foundation's spending goes to programs?
Paul Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Paul Family Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Paul 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 Paul Family Foundation located?
Paul Family Foundation is headquartered in Topeka, Kansas and files with the IRS under EIN 204100160. It is classified under NTEE code T22.
How many years of IRS 990 filings does Paul Family Foundation have?
Paul 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 $1K in total revenue.
What is the specific purpose of the Paul Family Foundation's grants?
The IRS 990 data indicates the organization is a Private Grantmaking Foundation (NTEE T22), but does not detail the specific types of grants or beneficiaries. Further investigation into their public disclosures or website would be needed.
How does the foundation cover its expenses when revenue is significantly lower, such as in 2023?
In 2023, the foundation reported $1,052 in revenue against $17,800 in expenses. This suggests the organization is drawing from its accumulated assets or prior year surpluses to cover operational costs, as its assets decreased from $125,750 in 2022 to $109,002 in 2023.
What is the long-term strategy for financial sustainability given the fluctuating revenue and asset base?
The financial data shows significant year-to-year variability in both revenue and assets, making it difficult to discern a consistent financial strategy. The foundation's ability to sustain its grantmaking activities depends on either more stable revenue generation or a clear plan for managing its endowment.
Filing History
IRS 990 filing history for Paul Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Paul Family Foundation's revenue has declined by 86.9%, moving from $8K to $1K. Total assets increased by 14111.5% over the same period, from $767 to $109K. Total functional expenses rose by 45.4%, from $12K to $18K. In its most recent filing year (2023), Paul Family Foundation reported a deficit of $17K, with expenses exceeding revenue. The organization holds $1 in liabilities against $109K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $18K | $109K | $1 | — | — |
| 2022 | $95K | $18K | $126K | $250 | — | View 990 |
| 2021 | $105K | $68K | $48K | $1 | — | View 990 |
| 2020 | $10K | $17K | $11K | $1 | — | — |
| 2019 | $10K | $13K | $18K | $1 | — | View 990 |
| 2015 | $85K | $71K | $15K | $0 | — | View 990 |
| 2014 | $15K | $27K | $1K | $0 | — | View 990 |
| 2013 | $15K | $12K | $13K | $0 | — | View 990 |
| 2012 | $22K | $13K | $10K | $0 | — | View 990 |
| 2011 | $8K | $12K | $767 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $18K, and assets of $109K (revenue -98.9% year-over-year).
- 2022: Revenue of $95K, expenses of $18K, and assets of $126K (revenue -9.4% year-over-year).
- 2021: Revenue of $105K, expenses of $68K, and assets of $48K (revenue +947.9% year-over-year).
- 2020: Revenue of $10K, expenses of $17K, and assets of $11K (revenue -1.1% year-over-year).
- 2019: Revenue of $10K, expenses of $13K, and assets of $18K (revenue -88.1% year-over-year).
- 2015: Revenue of $85K, expenses of $71K, and assets of $15K (revenue +465.9% year-over-year).
- 2014: Revenue of $15K, expenses of $27K, and assets of $1K (revenue +0.2% year-over-year).
- 2013: Revenue of $15K, expenses of $12K, and assets of $13K (revenue -31.8% year-over-year).
- 2012: Revenue of $22K, expenses of $13K, and assets of $10K (revenue +174.7% year-over-year).
- 2011: Revenue of $8K, expenses of $12K, and assets of $767.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paul Family Foundation:
Data Sources and Methodology
This transparency report for Paul 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.