Pond Family Foundation
Pond Family Foundation shows fluctuating revenue with no officer compensation and growing assets in 2023.
EIN: 201131673 · Scarborough, ME · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.7M |
| Total Expenses | $740K |
| Program Spending | 90% |
| Net Assets | $2.1M |
| Transparency Score | 85/100 |
Is Pond Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pond Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pond Family Foundation
Pond Family Foundation (EIN: 201131673) is a nonprofit organization based in Scarborough, ME, classified under NTEE code T22. The organization reported total revenue of $7.7M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pond Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pond Family Foundation is a mid-size 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 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $941K |
| Total Expenses | $740K |
| Surplus / Deficit | +$200K |
| Total Assets | $2.1M |
| Total Liabilities | $1 |
| Net Assets | $2.1M |
| Operating Margin | 21.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 34.2 months |
Financial Health Grade: A
In 2023, Pond Family Foundation reported a surplus of $200K with revenue exceeding expenses, holds 34.2 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), Pond Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +299.6% | +53.2% | +5.9% |
| 2022 | -0.2% | -2.4% | -7.2% |
| 2021 | +86.5% | +4.7% | -9.9% |
| 2020 | -6.4% | +11.2% | -12.8% |
| 2019 | -80.0% | +29.0% | -7.8% |
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 Pond 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Pond Family Foundation 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 $200K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Pond Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries. This suggests a highly efficient operational model, likely relying on volunteer leadership or very minimal 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.
Strengths
The following positive indicators were identified for Pond Family Foundation:
- Consistent 0% officer compensation, indicating high efficiency.
- Minimal liabilities ($0 or $1) across all filings, suggesting strong financial management.
- Positive revenue growth and asset increase in the latest filing period (2023).
- Consistent filing of IRS 990s over 10 years, demonstrating transparency.
Frequently Asked Questions about Pond Family Foundation
Is Pond Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pond Family Foundation (EIN: 201131673) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Pond Family Foundation spend its money?
Pond Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pond Family Foundation tax-deductible?
Pond Family Foundation is registered as a tax-exempt nonprofit (EIN: 201131673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Pond Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Pond 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 Pond Family Foundation located?
Pond Family Foundation is headquartered in Scarborough, Maine and files with the IRS under EIN 201131673. It is classified under NTEE code T22.
How many years of IRS 990 filings does Pond Family Foundation have?
Pond 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 $7.7M in total revenue.
Is Pond Family Foundation a good charity?
Based on the available data, the Pond Family Foundation appears to be a well-managed private foundation. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. Its assets have grown, and it maintains minimal liabilities. The primary function of a private foundation is grantmaking, and without specific grant recipient data, it's hard to assess the direct impact, but its financial health and operational efficiency are strong.
How does Pond Family Foundation manage its administrative costs?
The foundation manages its administrative costs very efficiently, as evidenced by the consistent reporting of 0% officer compensation. This suggests that administrative functions are either handled by volunteers, or the costs are extremely low, allowing a greater proportion of funds to be used for its programmatic activities (grantmaking).
What is the trend in the foundation's assets?
The foundation's assets have fluctuated over the years. After a period of decline from $2,959,011 in 2015 to $1,990,350 in 2022, assets saw a significant increase to $2,107,933 in 2023, indicating a recent positive financial trend.
Filing History
IRS 990 filing history for Pond Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Pond Family Foundation's revenue has grown by 203.8%, moving from $310K to $941K. Total assets decreased by 20.4% over the same period, from $2.6M to $2.1M. Total functional expenses rose by 299.5%, from $185K to $740K. In its most recent filing year (2023), Pond Family Foundation reported a surplus of $200K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $941K | $740K | $2.1M | $1 | — | View 990 |
| 2022 | $235K | $483K | $2.0M | $1 | — | View 990 |
| 2021 | $236K | $495K | $2.1M | $1 | — | — |
| 2020 | $127K | $473K | $2.4M | $1 | — | View 990 |
| 2019 | $135K | $425K | $2.7M | $0 | — | View 990 |
| 2015 | $676K | $330K | $3.0M | $0 | — | View 990 |
| 2014 | $455K | $279K | $2.8M | $0 | — | View 990 |
| 2013 | $291K | $207K | $2.7M | $0 | — | View 990 |
| 2012 | $237K | $164K | $2.6M | $0 | — | View 990 |
| 2011 | $310K | $185K | $2.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $941K, expenses of $740K, and assets of $2.1M (revenue +299.6% year-over-year).
- 2022: Revenue of $235K, expenses of $483K, and assets of $2.0M (revenue -0.2% year-over-year).
- 2021: Revenue of $236K, expenses of $495K, and assets of $2.1M (revenue +86.5% year-over-year).
- 2020: Revenue of $127K, expenses of $473K, and assets of $2.4M (revenue -6.4% year-over-year).
- 2019: Revenue of $135K, expenses of $425K, and assets of $2.7M (revenue -80.0% year-over-year).
- 2015: Revenue of $676K, expenses of $330K, and assets of $3.0M (revenue +48.7% year-over-year).
- 2014: Revenue of $455K, expenses of $279K, and assets of $2.8M (revenue +56.2% year-over-year).
- 2013: Revenue of $291K, expenses of $207K, and assets of $2.7M (revenue +22.8% year-over-year).
- 2012: Revenue of $237K, expenses of $164K, and assets of $2.6M (revenue -23.4% year-over-year).
- 2011: Revenue of $310K, expenses of $185K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pond Family Foundation:
Data Sources and Methodology
This transparency report for Pond 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.