Paulson Charitable Foundation Inc
Paulson Charitable Foundation consistently grows assets with zero officer compensation.
EIN: 204395152 · La Veta, CO · NTEE: T22 · Updated: 2026-03-28
Is Paulson Charitable Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paulson Charitable Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paulson Charitable Foundation Inc
Paulson Charitable Foundation Inc (EIN: 204395152) is a nonprofit organization based in La Veta, CO, classified under NTEE code T22. The organization reported total revenue of $164K and total assets of $574K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paulson Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paulson Charitable Foundation Inc is a small 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 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $58K |
| Surplus / Deficit | +$28K |
| Total Assets | $558K |
| Total Liabilities | $1 |
| Net Assets | $558K |
| Operating Margin | 33.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 116.4 months |
Financial Health Grade: A
In 2023, Paulson Charitable Foundation Inc reported a surplus of $28K with revenue exceeding expenses, holds 116.4 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), Paulson Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.6% | +59.6% | +5.3% |
| 2022 | -27.5% | -35.5% | +5.2% |
| 2021 | +9.0% | +4.5% | +6.4% |
| 2020 | +14.8% | -1.9% | +6.5% |
| 2019 | -17.5% | +89.1% | +12.9% |
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 Paulson Charitable Foundation Inc with a Mission Score of 95 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, Paulson Charitable Foundation Inc 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 surplus of $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean operational model.
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.
Strengths
The following positive indicators were identified for Paulson Charitable Foundation Inc:
- Consistent asset growth (from $256,808 in 2011 to $558,350 in 2023).
- Zero officer compensation reported across all filings, indicating high efficiency.
- Extremely low liabilities ($1 in recent years), demonstrating strong financial health.
- Consistent surplus of revenue over expenses, contributing to asset accumulation.
- Regular and consistent IRS 990 filing history, indicating transparency.
Frequently Asked Questions about Paulson Charitable Foundation Inc
Is Paulson Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Paulson Charitable Foundation Inc (EIN: 204395152) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Paulson Charitable Foundation Inc spend its money?
Paulson Charitable Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Paulson Charitable Foundation Inc tax-deductible?
Paulson Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204395152). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Paulson Charitable Foundation Inc. financially stable?
Yes, the foundation shows strong financial stability with consistent asset growth from $256,808 in 2011 to $558,350 in 2023, and consistently minimal liabilities ($1 in recent years).
Does Paulson Charitable Foundation Inc. pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that officers are not paid salaries.
How has the foundation's revenue trended over time?
Revenue has fluctuated but generally remained in a similar range, for example, $72,150 in 2011 and $85,862 in 2023, with a peak of $163,651 in the latest reported period.
What is the organization's approach to debt?
The organization maintains extremely low debt, consistently reporting only $1 in liabilities in recent years, indicating a very conservative financial approach.
Filing History
IRS 990 filing history for Paulson Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Paulson Charitable Foundation Inc's revenue has grown by 19%, moving from $72K to $86K. Total assets increased by 117.4% over the same period, from $257K to $558K. Total functional expenses rose by 19.2%, from $48K to $58K. In its most recent filing year (2023), Paulson Charitable Foundation Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $1 in liabilities against $558K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $558K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86K | $58K | $558K | $1 | — | View 990 |
| 2022 | $62K | $36K | $530K | $1 | — | View 990 |
| 2021 | $86K | $56K | $504K | $1 | — | — |
| 2020 | $79K | $53K | $474K | $1 | — | — |
| 2019 | $69K | $54K | $445K | $1 | — | View 990 |
| 2015 | $83K | $29K | $394K | $1 | — | View 990 |
| 2014 | $87K | $52K | $342K | $1 | — | View 990 |
| 2013 | $93K | $52K | $307K | $1 | — | View 990 |
| 2012 | $68K | $48K | $277K | $1 | — | View 990 |
| 2011 | $72K | $48K | $257K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $86K, expenses of $58K, and assets of $558K (revenue +37.6% year-over-year).
- 2022: Revenue of $62K, expenses of $36K, and assets of $530K (revenue -27.5% year-over-year).
- 2021: Revenue of $86K, expenses of $56K, and assets of $504K (revenue +9.0% year-over-year).
- 2020: Revenue of $79K, expenses of $53K, and assets of $474K (revenue +14.8% year-over-year).
- 2019: Revenue of $69K, expenses of $54K, and assets of $445K (revenue -17.5% year-over-year).
- 2015: Revenue of $83K, expenses of $29K, and assets of $394K (revenue -4.5% year-over-year).
- 2014: Revenue of $87K, expenses of $52K, and assets of $342K (revenue -6.0% year-over-year).
- 2013: Revenue of $93K, expenses of $52K, and assets of $307K (revenue +36.1% year-over-year).
- 2012: Revenue of $68K, expenses of $48K, and assets of $277K (revenue -5.4% year-over-year).
- 2011: Revenue of $72K, expenses of $48K, and assets of $257K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paulson Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Paulson 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.