Scarlett Family Foundation
Scarlett Family Foundation maintains robust assets and zero officer compensation, demonstrating strong financial health and program focus.
EIN: 201980932 · Nashville, TN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $89.2M |
| Total Expenses | $10.7M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $240 |
| Net Assets | $240.3M |
| Transparency Score | 95/100 |
Is Scarlett Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scarlett Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scarlett Family Foundation
Scarlett Family Foundation (EIN: 201980932) is a nonprofit organization based in Nashville, TN, classified under NTEE code T22. The organization reported total revenue of $89.2M and total assets of $249.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scarlett Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scarlett Family Foundation is a major nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 57.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $86.8M |
| Total Expenses | $10.7M |
| Surplus / Deficit | +$76.0M |
| Total Assets | $240.3M |
| Total Liabilities | $4K |
| Net Assets | $240.3M |
| Operating Margin | 87.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 268.4 months |
Financial Health Grade: A
In 2024, Scarlett Family Foundation reported a surplus of $76.0M with revenue exceeding expenses, holds 268.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2024), Scarlett Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 57.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +655.2% | +0.2% | +47.9% |
| 2023 | -38.1% | +3.8% | -0.4% |
| 2022 | +2.2% | +23.5% | +5.3% |
| 2021 | +576.3% | +14.0% | +5.3% |
| 2020 | -98.1% | +5.1% | +27.7% |
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 Scarlett Family Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Scarlett 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $76.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation. This is highly commendable for an organization of its size, with assets exceeding $240 million, and suggests a strong dedication to maximizing funds for its mission.
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 Scarlett Family Foundation:
- Consistent 0% officer compensation across all filings
- Very low expense ratio relative to revenue and assets
- Significant and consistent growth in assets over time (from $23M in 2012 to $240M in 2024)
- Strong financial health with substantial revenue and asset base
- High program focus due to minimal administrative and fundraising overhead
Frequently Asked Questions about Scarlett Family Foundation
Is Scarlett Family Foundation a legitimate charity?
Scarlett Family Foundation (EIN: 201980932) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 95/100. It has 9 years of IRS 990 filings on record. Total revenue: $89.2M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Scarlett Family Foundation spend its money?
Scarlett Family Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Scarlett Family Foundation tax-deductible?
Scarlett Family Foundation is registered as a tax-exempt nonprofit (EIN: 201980932). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Scarlett Family Foundation CEO make?
Scarlett Family Foundation's highest-compensated officer earns $240 annually. The organization reported $89.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Scarlett Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Scarlett 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 Scarlett Family Foundation located?
Scarlett Family Foundation is headquartered in Nashville, Tennessee and files with the IRS under EIN 201980932. It is classified under NTEE code T22.
How many years of IRS 990 filings does Scarlett Family Foundation have?
Scarlett Family Foundation has 9 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 $89.2M in total revenue.
Is Scarlett Family Foundation a good charity?
Based on its financial data, the Scarlett Family Foundation appears to be a very good charity. It consistently reports 0% officer compensation, maintains a very low expense ratio relative to its substantial assets and revenue, and has shown significant asset growth over time, all indicating strong financial management and a focus on its mission.
How does the foundation manage its expenses?
The foundation manages its expenses exceptionally well, with total expenses often being a small fraction of its revenue and assets. For example, in 202406, expenses were $10,743,840 against revenue of $86,776,319 and assets of $240,277,580. The consistent 0% officer compensation also highlights a highly cost-efficient operational model.
What is the primary use of the foundation's funds?
As a grant-making foundation (NTEE Code T22) with very low operational expenses and 0% officer compensation, the primary use of the foundation's funds is almost certainly direct grants and program-related investments aligned with its philanthropic mission.
Filing History
IRS 990 filing history for Scarlett Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2024), Scarlett Family Foundation's revenue has grown by 23240.1%, moving from $372K to $86.8M. Total assets increased by 924.5% over the same period, from $23.5M to $240.3M. Total functional expenses rose by 609.7%, from $1.5M to $10.7M. In its most recent filing year (2024), Scarlett Family Foundation reported a surplus of $76.0M, with revenue exceeding expenses. The organization holds $4K in liabilities against $240.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $240.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $86.8M | $10.7M | $240.3M | $4K | — | View 990 |
| 2023 | $11.5M | $10.7M | $162.5M | $2K | — | View 990 |
| 2022 | $18.6M | $10.3M | $163.1M | $1 | — | View 990 |
| 2021 | $18.2M | $8.4M | $154.8M | $1 | — | View 990 |
| 2020 | $2.7M | $7.3M | $146.9M | $1 | — | — |
| 2015 | $139.5M | $7.0M | $115.1M | $0 | — | View 990 |
| 2014 | $29.2M | $1.8M | $51.4M | $0 | — | View 990 |
| 2013 | $30.9M | $2.2M | $43.5M | $0 | — | View 990 |
| 2012 | $372K | $1.5M | $23.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $86.8M, expenses of $10.7M, and assets of $240.3M (revenue +655.2% year-over-year).
- 2023: Revenue of $11.5M, expenses of $10.7M, and assets of $162.5M (revenue -38.1% year-over-year).
- 2022: Revenue of $18.6M, expenses of $10.3M, and assets of $163.1M (revenue +2.2% year-over-year).
- 2021: Revenue of $18.2M, expenses of $8.4M, and assets of $154.8M (revenue +576.3% year-over-year).
- 2020: Revenue of $2.7M, expenses of $7.3M, and assets of $146.9M (revenue -98.1% year-over-year).
- 2015: Revenue of $139.5M, expenses of $7.0M, and assets of $115.1M (revenue +377.2% year-over-year).
- 2014: Revenue of $29.2M, expenses of $1.8M, and assets of $51.4M (revenue -5.3% year-over-year).
- 2013: Revenue of $30.9M, expenses of $2.2M, and assets of $43.5M (revenue +8203.3% year-over-year).
- 2012: Revenue of $372K, expenses of $1.5M, and assets of $23.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scarlett Family Foundation:
Data Sources and Methodology
This transparency report for Scarlett 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.