Robert And Frances Chaney Familyfoundation

Robert And Frances Chaney Familyfoundation consistently expends more than annual revenue, drawing down assets, with 0% officer compensation.

EIN: 205052365 · Jacksonville, OR · NTEE: T20 · Updated: 2026-03-28

$4.2MRevenue

$7.4MAssets

90/100Mission Score (Excellent)

T20

About Robert And Frances Chaney Familyfoundation

Robert And Frances Chaney Familyfoundation (EIN: 205052365) is a nonprofit organization based in Jacksonville, OR, classified under NTEE code T20. The organization reported total revenue of $4.2M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert And Frances Chaney Familyfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Robert And Frances Chaney Familyfoundation appears to be a private foundation, as indicated by its consistent revenue and expense patterns, and the NTEE code T20 (Private Grantmaking Foundations). Over the past several years, the foundation has consistently spent more than its annual revenue, drawing down on its assets. For instance, in the 202405 period, revenue was $486,898 while expenses were $541,152, resulting in a net deficit. This trend is visible across multiple periods, suggesting a strategy of distributing more than it receives in a given year, likely from an endowment. The foundation's assets have gradually decreased from $8,903,137 in 201205 to $7,156,214 in 202405, which is expected for a foundation that consistently expends more than its income. 

The organization demonstrates strong financial transparency by consistently filing its IRS Form 990s. A key strength is the reported 0% officer compensation across all available filings, indicating that executive leadership is not drawing salaries from the foundation, which is common for family foundations where trustees may serve pro bono. This contributes to a high program spending efficiency, as administrative costs related to executive salaries are absent. The foundation's liabilities are consistently low relative to its assets, suggesting good financial management and minimal debt burden. The latest revenue figure of $4,154,568 seems to be an outlier compared to the historical annual revenues, which are typically in the hundreds of thousands, and might represent a significant one-time contribution or investment gain not reflected in the individual period filings provided.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Robert And Frances Chaney Familyfoundation 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Robert And Frances Chaney Familyfoundation 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers and directors are not compensated, which is a strong positive for a foundation of this size and type, maximizing funds available for charitable purposes.

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 Robert And Frances Chaney Familyfoundation's IRS 990 filings:

Consistent annual expenses exceeding annual revenue, leading to asset drawdowns (though potentially intentional for a private foundation)
Lack of detailed breakdown for administrative vs. program spending in provided data, making precise efficiency calculation difficult without full 990s

Strengths

The following positive indicators were identified for Robert And Frances Chaney Familyfoundation:

0% officer compensation, indicating high efficiency in leadership costs
Strong asset base ($7.1M in 202405) providing long-term stability
Low liabilities relative to assets, suggesting sound financial management
Consistent IRS 990 filing history, demonstrating transparency

Frequently Asked Questions about Robert And Frances Chaney Familyfoundation

Is the Robert And Frances Chaney Familyfoundation financially sustainable given its consistent spending exceeding revenue?

While the foundation consistently spends more than its annual revenue, leading to a gradual decrease in assets from $8.9M to $7.1M over 12 years, this is a common operational model for private foundations that distribute from an endowment. The rate of asset decline appears managed, and the foundation still holds substantial assets.

What is the nature of the 'Latest Revenue' of $4,154,568, as it significantly deviates from historical annual revenues?

The provided 'Latest Revenue' figure of $4,154,568 is an aggregate or a specific event not detailed in the individual period filings. Historically, annual revenues are in the range of $40,000 to $688,000. This large figure could represent a significant investment gain, a large one-time donation, or an aggregate over multiple periods, which would impact the overall financial picture.

How does the 0% officer compensation impact the foundation's operational efficiency?

The 0% officer compensation significantly enhances operational efficiency by reducing administrative overhead. This means a larger proportion of the foundation's expenses can be directed towards its programmatic activities and grants, rather than executive salaries.

Filing History

IRS 990 filing history for Robert And Frances Chaney Familyfoundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2012–2024), Robert And Frances Chaney Familyfoundation's revenue has grown by 77.5%, moving from $274K to $487K. Total assets decreased by 19.6% over the same period, from $8.9M to $7.2M. Total functional expenses rose by 8.7%, from $498K to $541K. In its most recent filing year (2024), Robert And Frances Chaney Familyfoundation reported a deficit of $54K, with expenses exceeding revenue. The organization holds $54K in liabilities against $7.2M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $7.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$487K	$541K	$7.2M	$54K	—	—
2023	$43K	$552K	$7.2M	$52K	—	View 990
2022	$523K	$580K	$7.7M	$49K	—	View 990
2021	$574K	$491K	$7.8M	$46K	—	View 990
2020	$361K	$556K	$7.7M	$48K	—	View 990
2016	$472K	$479K	$8.3M	$35K	—	View 990
2015	$688K	$563K	$8.3M	$28K	—	View 990
2014	$39K	$542K	$8.2M	$14K	—	View 990
2013	$242K	$498K	$8.6M	$2K	—	View 990
2012	$274K	$498K	$8.9M	$7K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $487K, expenses of $541K, and assets of $7.2M (revenue +1030.1% year-over-year).
2023: Revenue of $43K, expenses of $552K, and assets of $7.2M (revenue -91.8% year-over-year).
2022: Revenue of $523K, expenses of $580K, and assets of $7.7M (revenue -8.8% year-over-year).
2021: Revenue of $574K, expenses of $491K, and assets of $7.8M (revenue +58.9% year-over-year).
2020: Revenue of $361K, expenses of $556K, and assets of $7.7M (revenue -23.4% year-over-year).
2016: Revenue of $472K, expenses of $479K, and assets of $8.3M (revenue -31.5% year-over-year).
2015: Revenue of $688K, expenses of $563K, and assets of $8.3M (revenue +1681.1% year-over-year).
2014: Revenue of $39K, expenses of $542K, and assets of $8.2M (revenue -84.1% year-over-year).
2013: Revenue of $242K, expenses of $498K, and assets of $8.6M (revenue -11.6% year-over-year).
2012: Revenue of $274K, expenses of $498K, and assets of $8.9M.

Data Sources and Methodology

This transparency report for Robert And Frances Chaney Familyfoundation 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.