Serenbetz Family Foundation Inc
Serenbetz Family Foundation maintains substantial assets and zero executive compensation amidst fluctuating revenues.
EIN: 133993644 · Wilmington, DE · NTEE: T20J · Updated: 2026-03-28
Is Serenbetz Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Serenbetz Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Serenbetz Family Foundation Inc
Serenbetz Family Foundation Inc (EIN: 133993644) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20J. The organization reported total revenue of $8.5M and total assets of $21.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Serenbetz Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Serenbetz Family Foundation Inc is a mid-size nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $601K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-508,980 |
| Total Assets | $21.9M |
| Total Liabilities | $1 |
| Net Assets | $21.9M |
| Operating Margin | -84.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 236.2 months |
Financial Health Grade: B
In 2023, Serenbetz Family Foundation Inc reported a deficit of $509K with expenses exceeding revenue, holds 236.2 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), Serenbetz Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -85.6% | +4.3% | -2.3% |
| 2022 | +148.8% | +6.1% | +16.1% |
| 2021 | -83.7% | +54.0% | +3.6% |
| 2020 | +1190.5% | +17.5% | +100.4% |
| 2019 | -56.7% | +30.7% | +6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Serenbetz Family Foundation Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Serenbetz Family Foundation Inc 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 deficit of $509K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives, which is highly efficient for a foundation of its size with assets exceeding $21 million.
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 Serenbetz Family Foundation Inc:
- Zero officer compensation reported across all filings, indicating high efficiency.
- Substantial and growing asset base, reaching $21,872,102 in 2023.
- Minimal liabilities ($1 in recent years), suggesting strong financial stability.
- Consistent expense management despite fluctuating revenues.
- Strong program focus as a grantmaking foundation, with low administrative overhead.
Frequently Asked Questions about Serenbetz Family Foundation Inc
Is Serenbetz Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Serenbetz Family Foundation Inc (EIN: 133993644) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Serenbetz Family Foundation Inc spend its money?
Serenbetz Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Serenbetz Family Foundation Inc tax-deductible?
Serenbetz Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133993644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Serenbetz Family Foundation Inc. a good charity?
Based on the available IRS 990 data, the Serenbetz Family Foundation Inc. appears to be a very efficient and well-managed private grantmaking foundation. Its consistent reporting of zero officer compensation, substantial assets, and minimal liabilities are strong indicators of good financial health and a focus on its mission.
How does the foundation manage its expenses?
The foundation's expenses have been relatively stable, ranging from approximately $600,000 to $1.1 million annually, even with significant fluctuations in revenue. This suggests a disciplined approach to spending, likely focused on grant distributions and minimal administrative overhead.
What is the trend in the foundation's assets?
The foundation's assets have shown significant growth over the years, increasing from $6,494,130 in 2011 to $21,872,102 in 2023, indicating successful investment strategies or substantial contributions that have built its endowment.
Filing History
IRS 990 filing history for Serenbetz Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Serenbetz Family Foundation Inc's revenue has grown by 102.1%, moving from $297K to $601K. Total assets increased by 236.5% over the same period, from $6.5M to $21.9M. Total functional expenses rose by 253.4%, from $314K to $1.1M. In its most recent filing year (2023), Serenbetz Family Foundation Inc reported a deficit of $509K, with expenses exceeding revenue. The organization holds $1 in liabilities against $21.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $601K | $1.1M | $21.9M | $1 | — | — |
| 2022 | $4.2M | $1.1M | $22.4M | $1 | — | View 990 |
| 2021 | $1.7M | $1.0M | $19.3M | $1 | — | View 990 |
| 2020 | $10.3M | $651K | $18.6M | $1 | — | View 990 |
| 2019 | $799K | $554K | $9.3M | $1 | — | — |
| 2015 | $1.8M | $424K | $8.7M | $1 | — | View 990 |
| 2014 | $535K | $394K | $7.3M | $0 | — | View 990 |
| 2013 | $596K | $377K | $7.1M | $0 | — | View 990 |
| 2012 | $739K | $339K | $6.9M | $0 | — | View 990 |
| 2011 | $297K | $314K | $6.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $601K, expenses of $1.1M, and assets of $21.9M (revenue -85.6% year-over-year).
- 2022: Revenue of $4.2M, expenses of $1.1M, and assets of $22.4M (revenue +148.8% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.0M, and assets of $19.3M (revenue -83.7% year-over-year).
- 2020: Revenue of $10.3M, expenses of $651K, and assets of $18.6M (revenue +1190.5% year-over-year).
- 2019: Revenue of $799K, expenses of $554K, and assets of $9.3M (revenue -56.7% year-over-year).
- 2015: Revenue of $1.8M, expenses of $424K, and assets of $8.7M (revenue +244.8% year-over-year).
- 2014: Revenue of $535K, expenses of $394K, and assets of $7.3M (revenue -10.3% year-over-year).
- 2013: Revenue of $596K, expenses of $377K, and assets of $7.1M (revenue -19.3% year-over-year).
- 2012: Revenue of $739K, expenses of $339K, and assets of $6.9M (revenue +148.3% year-over-year).
- 2011: Revenue of $297K, expenses of $314K, and assets of $6.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Serenbetz Family Foundation Inc:
Data Sources and Methodology
This transparency report for Serenbetz Family Foundation Inc 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.