Seifert Family Foundation
Seifert Family Foundation shows consistent operations with declining assets and no officer compensation.
EIN: 201277158 · Wilton, CT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $345K |
| Total Expenses | $119K |
| Program Spending | 80% |
| Net Assets | $449K |
| Transparency Score | 75/100 |
Is Seifert Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seifert Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seifert Family Foundation
Seifert Family Foundation (EIN: 201277158) is a nonprofit organization based in Wilton, CT, classified under NTEE code T22. The organization reported total revenue of $345K and total assets of $463K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seifert Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seifert Family Foundation is a small 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 13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $119K |
| Surplus / Deficit | $-57,473 |
| Total Assets | $449K |
| Total Liabilities | $1 |
| Net Assets | $449K |
| Operating Margin | -92.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 45.1 months |
Financial Health Grade: B
In 2023, Seifert Family Foundation reported a deficit of $57K with expenses exceeding revenue, holds 45.1 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), Seifert Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.5% | +9.8% | -11.4% |
| 2022 | -31.7% | -3.6% | -1.6% |
| 2021 | +146.9% | +110.9% | +7.2% |
| 2020 | -38.2% | +16.7% | +1.3% |
| 2019 | +57.8% | -5.5% | -16.2% |
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 Seifert Family Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Seifert Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $57K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, 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.
Red Flags
The following concerns were identified during AI analysis of Seifert Family Foundation's IRS 990 filings:
- Expenses exceeding revenue in recent periods (e.g., 202312: Revenue=$61,869, Expenses=$119,342)
- Consistent decline in total assets over the past decade (from $638,953 in 201312 to $448,701 in 202312)
Strengths
The following positive indicators were identified for Seifert Family Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency in executive costs.
- Minimal liabilities ($1 consistently reported), demonstrating strong financial solvency.
- Consistent filing of IRS Form 990s over a decade, showing commitment to transparency.
- Healthy asset base ($448,701 in 202312) provides financial stability.
Frequently Asked Questions about Seifert Family Foundation
Is Seifert Family Foundation a legitimate charity?
Seifert Family Foundation (EIN: 201277158) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $345K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Seifert Family Foundation spend its money?
Seifert Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Seifert Family Foundation tax-deductible?
Seifert Family Foundation is registered as a tax-exempt nonprofit (EIN: 201277158). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Seifert Family Foundation's spending goes to programs?
Seifert Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Seifert Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Seifert 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 Seifert Family Foundation located?
Seifert Family Foundation is headquartered in Wilton, Connecticut and files with the IRS under EIN 201277158. It is classified under NTEE code T22.
How many years of IRS 990 filings does Seifert Family Foundation have?
Seifert 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 $345K in total revenue.
Is Seifert Family Foundation a good charity?
Based on the available data, the foundation exhibits strong financial stability with minimal liabilities and no reported officer compensation, suggesting efficient use of funds. However, without detailed program spending information, a full assessment of its charitable impact is limited.
Why are assets declining over time?
The foundation's assets have decreased from a high of $638,953 in 201312 to $448,701 in 202312. This trend could be due to consistent grant-making exceeding investment returns or revenue, or a strategic decision to disburse funds. Further analysis of investment performance and grant distributions would be needed.
What is the primary purpose of the Seifert Family Foundation?
The NTEE code T22 indicates 'Philanthropy, Voluntarism & Grantmaking Foundations'. This suggests its primary purpose is to provide grants to other organizations or individuals, rather than direct service provision.
How does the foundation manage its expenses when revenue is lower?
In periods like 202312, where expenses ($119,342) exceeded revenue ($61,869), the foundation likely draws from its existing asset base to cover operational costs and grant commitments. This is sustainable in the short term given its asset levels, but a long-term trend could impact its financial health.
Filing History
IRS 990 filing history for Seifert Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Seifert Family Foundation's revenue has grown by 360.1%, moving from $13K to $62K. Total assets decreased by 2.6% over the same period, from $460K to $449K. Total functional expenses rose by 171.2%, from $44K to $119K. In its most recent filing year (2023), Seifert Family Foundation reported a deficit of $57K, with expenses exceeding revenue. The organization holds $1 in liabilities against $449K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $449K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62K | $119K | $449K | $1 | — | View 990 |
| 2022 | $101K | $109K | $506K | $1 | — | View 990 |
| 2021 | $147K | $113K | $514K | $1 | — | — |
| 2020 | $60K | $53K | $480K | $1 | — | — |
| 2019 | $97K | $46K | $473K | $1 | — | View 990 |
| 2015 | $61K | $48K | $565K | $1 | — | View 990 |
| 2014 | $51K | $45K | $627K | $1 | — | View 990 |
| 2013 | $58K | $44K | $639K | $1 | — | View 990 |
| 2012 | $31K | $43K | $488K | $1 | — | View 990 |
| 2011 | $13K | $44K | $460K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62K, expenses of $119K, and assets of $449K (revenue -38.5% year-over-year).
- 2022: Revenue of $101K, expenses of $109K, and assets of $506K (revenue -31.7% year-over-year).
- 2021: Revenue of $147K, expenses of $113K, and assets of $514K (revenue +146.9% year-over-year).
- 2020: Revenue of $60K, expenses of $53K, and assets of $480K (revenue -38.2% year-over-year).
- 2019: Revenue of $97K, expenses of $46K, and assets of $473K (revenue +57.8% year-over-year).
- 2015: Revenue of $61K, expenses of $48K, and assets of $565K (revenue +19.4% year-over-year).
- 2014: Revenue of $51K, expenses of $45K, and assets of $627K (revenue -10.8% year-over-year).
- 2013: Revenue of $58K, expenses of $44K, and assets of $639K (revenue +85.6% year-over-year).
- 2012: Revenue of $31K, expenses of $43K, and assets of $488K (revenue +130.5% year-over-year).
- 2011: Revenue of $13K, expenses of $44K, and assets of $460K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seifert Family Foundation:
Data Sources and Methodology
This transparency report for Seifert 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.