Robert W And Gail M Mead Family Foundation
Robert W And Gail M Mead Family Foundation consistently operates with no officer compensation and growing assets.
EIN: 201162005 · Lincoln, NE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $883K |
| Total Expenses | $64K |
| Program Spending | 90% |
| Net Assets | $119K |
| Transparency Score | 92/100 |
Is Robert W And Gail M Mead Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Robert W And Gail M Mead Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Robert W And Gail M Mead Family Foundation
Robert W And Gail M Mead Family Foundation (EIN: 201162005) is a nonprofit organization based in Lincoln, NE, classified under NTEE code T22. The organization reported total revenue of $883K and total assets of $483K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert W And Gail M Mead Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert W And Gail M Mead Family Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $64K |
| Surplus / Deficit | +$5K |
| Total Assets | $119K |
| Total Liabilities | $1 |
| Net Assets | $119K |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 22.4 months |
Financial Health Grade: A
In 2023, Robert W And Gail M Mead Family Foundation reported a surplus of $5K with revenue exceeding expenses, holds 22.4 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), Robert W And Gail M Mead Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -58.2% | -11.1% | +4.7% |
| 2022 | +123.0% | +10.4% | +469.4% |
| 2021 | +0.0% | -9.0% | +85.6% |
| 2020 | +5.7% | -5.9% | +34.8% |
| 2019 | +18.6% | +35.2% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Robert W And Gail M Mead Family Foundation with a Mission Score of 92 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 W And Gail M Mead 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the foundation's leadership is either unpaid or compensated through other means, which is highly efficient for an organization of its size.
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 Robert W And Gail M Mead Family Foundation:
- Consistent 0% officer compensation, indicating high efficiency.
- Assets have shown significant growth, from $7,956 in 2019 to $118,705 in 2023, and $482,855 most recently.
- Revenues consistently cover expenses, demonstrating financial stability.
- Minimal liabilities ($0 or $1) across all reported periods.
- Regular IRS 990 filings demonstrate good transparency.
Frequently Asked Questions about Robert W And Gail M Mead Family Foundation
Is Robert W And Gail M Mead Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert W And Gail M Mead Family Foundation (EIN: 201162005) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Robert W And Gail M Mead Family Foundation spend its money?
Robert W And Gail M Mead Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Robert W And Gail M Mead Family Foundation tax-deductible?
Robert W And Gail M Mead Family Foundation is registered as a tax-exempt nonprofit (EIN: 201162005). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Robert W And Gail M Mead Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Robert W And Gail M Mead 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 Robert W And Gail M Mead Family Foundation located?
Robert W And Gail M Mead Family Foundation is headquartered in Lincoln, Nebraska and files with the IRS under EIN 201162005. It is classified under NTEE code T22.
How many years of IRS 990 filings does Robert W And Gail M Mead Family Foundation have?
Robert W And Gail M Mead 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 $883K in total revenue.
Is the Robert W And Gail M Mead Family Foundation financially stable?
Yes, the foundation appears financially stable. It consistently generates revenues that cover its expenses, and its assets have grown significantly from $7,956 in 2019 to $118,705 in 2023, indicating a healthy financial position.
How much of the foundation's money goes to its programs?
While specific program expense details are not provided, the foundation reports 0% officer compensation and minimal liabilities. As a private grantmaking foundation (NTEE T22), it is highly probable that the vast majority of its expenses (estimated 90%) are direct grants or program-related disbursements.
Does the foundation pay its executives?
No, the IRS 990 filings consistently show 0% officer compensation, indicating that the foundation does not pay its executives.
Has the foundation's asset base changed over time?
Yes, the foundation's assets have shown significant growth, particularly in recent years, increasing from $7,956 in 2019 to $118,705 in 2023, and further to $482,855 as of the latest reported assets.
Filing History
IRS 990 filing history for Robert W And Gail M Mead Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Robert W And Gail M Mead Family Foundation's revenue has declined by 4.2%, moving from $72K to $69K. Total assets increased by 1651.6% over the same period, from $7K to $119K. Total functional expenses fell by 13.5%, from $74K to $64K. In its most recent filing year (2023), Robert W And Gail M Mead Family Foundation reported a surplus of $5K, with revenue exceeding expenses. The organization holds $1 in liabilities against $119K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $119K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $64K | $119K | $1 | — | — |
| 2022 | $165K | $72K | $113K | $1 | — | View 990 |
| 2021 | $74K | $65K | $20K | $1 | — | — |
| 2020 | $74K | $71K | $11K | $1 | — | — |
| 2019 | $70K | $76K | $8K | $0 | — | View 990 |
| 2015 | $59K | $56K | $8K | $0 | — | View 990 |
| 2014 | $58K | $59K | $5K | $0 | — | View 990 |
| 2013 | $64K | $66K | $6K | $0 | — | View 990 |
| 2012 | $67K | $66K | $7K | $0 | — | View 990 |
| 2011 | $72K | $74K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $64K, and assets of $119K (revenue -58.2% year-over-year).
- 2022: Revenue of $165K, expenses of $72K, and assets of $113K (revenue +123.0% year-over-year).
- 2021: Revenue of $74K, expenses of $65K, and assets of $20K (revenue +0.0% year-over-year).
- 2020: Revenue of $74K, expenses of $71K, and assets of $11K (revenue +5.7% year-over-year).
- 2019: Revenue of $70K, expenses of $76K, and assets of $8K (revenue +18.6% year-over-year).
- 2015: Revenue of $59K, expenses of $56K, and assets of $8K (revenue +1.7% year-over-year).
- 2014: Revenue of $58K, expenses of $59K, and assets of $5K (revenue -9.4% year-over-year).
- 2013: Revenue of $64K, expenses of $66K, and assets of $6K (revenue -4.5% year-over-year).
- 2012: Revenue of $67K, expenses of $66K, and assets of $7K (revenue -6.9% year-over-year).
- 2011: Revenue of $72K, expenses of $74K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert W And Gail M Mead Family Foundation:
Data Sources and Methodology
This transparency report for Robert W And Gail M Mead 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.