Paulus Family Foundation
Paulus Family Foundation consistently spends down assets through grantmaking with minimal reported revenue and no officer compensation.
EIN: 200351925 · Mount Vernon, WA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.3M |
| Program Spending | 95% |
| Net Assets | $7.6M |
| Transparency Score | 85/100 |
Is Paulus Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paulus Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Paulus Family Foundation
Paulus Family Foundation (EIN: 200351925) is a nonprofit organization based in Mount Vernon, WA, classified under NTEE code T20. The organization reported total revenue of $1.4M and total assets of $7.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paulus Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paulus Family Foundation is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 65.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-1,322,024 |
| Total Assets | $7.6M |
| Total Liabilities | $1 |
| Net Assets | $7.6M |
| Operating Margin | -8986.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 68.5 months |
Financial Health Grade: B
In 2023, Paulus Family Foundation reported a deficit of $1.3M with expenses exceeding revenue, holds 68.5 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), Paulus Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 65.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -102.4% | +30.5% | -32.5% |
| 2021 | +936.0% | +13.3% | +21.7% |
| 2020 | +84.4% | -1.1% | -11.5% |
| 2019 | -99.3% | -28.1% | -23.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Paulus Family Foundation with a Mission Score of 85 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, Paulus 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 $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Paulus Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer channels, which contributes to very low administrative overhead.
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 Paulus Family Foundation's IRS 990 filings:
- Significant negative revenue in some periods (e.g., $-47,288 in 202212)
- Lack of detailed expense breakdown beyond total expenses in provided data, making precise program vs. admin ratio estimation difficult without full 990 forms.
Strengths
The following positive indicators were identified for Paulus Family Foundation:
- Consistent absence of officer compensation, indicating low administrative overhead.
- Very low liabilities across all recent periods, suggesting strong financial stability.
- Substantial asset base ($7,628,567 in 202312) supporting grantmaking activities.
- Clear history of significant grantmaking (expenses) relative to its operational model.
Frequently Asked Questions about Paulus Family Foundation
Is Paulus Family Foundation a legitimate charity?
Paulus Family Foundation (EIN: 200351925) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.4M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Paulus Family Foundation spend its money?
Paulus Family Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Paulus Family Foundation tax-deductible?
Paulus Family Foundation is registered as a tax-exempt nonprofit (EIN: 200351925). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Paulus Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Paulus Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Paulus Family Foundation located?
Paulus Family Foundation is headquartered in Mount Vernon, Washington and files with the IRS under EIN 200351925. It is classified under NTEE code T20.
How many years of IRS 990 filings does Paulus Family Foundation have?
Paulus 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 $1.4M in total revenue.
How does the Paulus Family Foundation sustain its grantmaking with consistently low or negative revenue?
The foundation sustains its grantmaking by drawing down its accumulated assets, as evidenced by expenses significantly exceeding revenue in most recent periods (e.g., $1,336,735 expenses vs. $14,711 revenue in 202312), which is a common practice for private foundations.
What is the nature of the $1 reported liabilities in recent years?
The consistent reporting of $1 in liabilities across multiple recent periods (e.g., 202312, 202212, 202112) suggests a nominal or placeholder liability, indicating the foundation operates with virtually no debt.
What types of programs or grants does the Paulus Family Foundation support?
Based on the NTEE code T20 (Private Grantmaking Foundations), the foundation primarily engages in making grants to other organizations or individuals, though specific beneficiaries are not detailed in the provided summary data.
Filing History
IRS 990 filing history for Paulus Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Paulus Family Foundation's revenue has grown by 43167.6%, moving from $34 to $15K. Total assets increased by 3051326.8% over the same period, from $250 to $7.6M. Total functional expenses rose by 514028.8%, from $260 to $1.3M. In its most recent filing year (2023), Paulus Family Foundation reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $1 in liabilities against $7.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15K | $1.3M | $7.6M | $1 | — | View 990 |
| 2022 | $-47,288 | $1.5M | $7.6M | $1 | — | View 990 |
| 2021 | $2.0M | $1.2M | $11.3M | $1 | — | View 990 |
| 2020 | $193K | $1.0M | $9.3M | $1 | — | View 990 |
| 2019 | $104K | $1.0M | $10.5M | $1 | — | View 990 |
| 2015 | $14.0M | $1.4M | $13.7M | $500K | — | View 990 |
| 2014 | $232K | $265K | $656K | $0 | — | View 990 |
| 2013 | $964K | $276K | $689K | $0 | — | View 990 |
| 2012 | $50K | $50K | $91 | $0 | — | View 990 |
| 2011 | $34 | $260 | $250 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15K, expenses of $1.3M, and assets of $7.6M.
- 2022: Revenue of $-47,288, expenses of $1.5M, and assets of $7.6M (revenue -102.4% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.2M, and assets of $11.3M (revenue +936.0% year-over-year).
- 2020: Revenue of $193K, expenses of $1.0M, and assets of $9.3M (revenue +84.4% year-over-year).
- 2019: Revenue of $104K, expenses of $1.0M, and assets of $10.5M (revenue -99.3% year-over-year).
- 2015: Revenue of $14.0M, expenses of $1.4M, and assets of $13.7M (revenue +5934.3% year-over-year).
- 2014: Revenue of $232K, expenses of $265K, and assets of $656K (revenue -75.9% year-over-year).
- 2013: Revenue of $964K, expenses of $276K, and assets of $689K (revenue +1824.8% year-over-year).
- 2012: Revenue of $50K, expenses of $50K, and assets of $91 (revenue +147255.9% year-over-year).
- 2011: Revenue of $34, expenses of $260, and assets of $250.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paulus Family Foundation:
Data Sources and Methodology
This transparency report for Paulus 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.