Setty Family Foundation 12212009
EIN: 326103307 · Mclean, VA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $826K |
| Total Expenses | $57K |
| Net Assets | $460K |
Is Setty Family Foundation 12212009 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Setty Family Foundation 12212009
Setty Family Foundation 12212009 (EIN: 326103307) is a nonprofit organization based in Mclean, VA, classified under NTEE code T20. The organization reported total revenue of $826K and total assets of $714K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Setty Family Foundation 12212009's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Setty Family Foundation 12212009 is a small nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $329K |
| Total Expenses | $57K |
| Surplus / Deficit | +$272K |
| Total Assets | $460K |
| Total Liabilities | $1 |
| Net Assets | $460K |
| Operating Margin | 82.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 97.3 months |
Financial Health Grade: A
In 2023, Setty Family Foundation 12212009 reported a surplus of $272K with revenue exceeding expenses, holds 97.3 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), Setty Family Foundation 12212009's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.4% | -40.8% | +144.5% |
| 2022 | +482.3% | +60.9% | +86.5% |
| 2021 | -78.7% | +10.2% | -21.8% |
| 2020 | +275.5% | +30.1% | +262.6% |
| 2019 | +100.2% | +45.7% | -41.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Setty Family Foundation 12212009 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Setty Family Foundation 12212009 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $272K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Setty Family Foundation 12212009
Is Setty Family Foundation 12212009 a legitimate charity?
Setty Family Foundation 12212009 (EIN: 326103307) is a registered tax-exempt nonprofit based in Virginia. It has 10 years of IRS 990 filings on record. Total revenue: $826K. No red flags identified. Financial health grade: A.
How does Setty Family Foundation 12212009 spend its money?
Setty Family Foundation 12212009 reported $826K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Setty Family Foundation 12212009 tax-deductible?
Setty Family Foundation 12212009 is registered as a tax-exempt nonprofit (EIN: 326103307). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Setty Family Foundation 12212009 located?
Setty Family Foundation 12212009 is headquartered in Mclean, Virginia and files with the IRS under EIN 326103307. It is classified under NTEE code T20.
How many years of IRS 990 filings does Setty Family Foundation 12212009 have?
Setty Family Foundation 12212009 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 $826K in total revenue.
Filing History
IRS 990 filing history for Setty Family Foundation 12212009 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Setty Family Foundation 12212009's revenue has grown by 446.4%, moving from $60K to $329K. Total assets increased by 2578.8% over the same period, from $17K to $460K. Total functional expenses fell by 30.8%, from $82K to $57K. In its most recent filing year (2023), Setty Family Foundation 12212009 reported a surplus of $272K, with revenue exceeding expenses. The organization holds $1 in liabilities against $460K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $460K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $329K | $57K | $460K | $1 | — | — |
| 2022 | $183K | $96K | $188K | $1 | — | View 990 |
| 2021 | $31K | $60K | $101K | $1 | — | View 990 |
| 2020 | $148K | $54K | $129K | $1 | — | View 990 |
| 2019 | $39K | $42K | $36K | $1 | — | View 990 |
| 2015 | $20K | $29K | $61K | $1 | — | View 990 |
| 2014 | $51K | $11K | $70K | $0 | — | View 990 |
| 2013 | $132 | $18K | $30K | $1 | — | View 990 |
| 2012 | $40K | $10K | $48K | $1 | — | View 990 |
| 2011 | $60K | $82K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $329K, expenses of $57K, and assets of $460K (revenue +79.4% year-over-year).
- 2022: Revenue of $183K, expenses of $96K, and assets of $188K (revenue +482.3% year-over-year).
- 2021: Revenue of $31K, expenses of $60K, and assets of $101K (revenue -78.7% year-over-year).
- 2020: Revenue of $148K, expenses of $54K, and assets of $129K (revenue +275.5% year-over-year).
- 2019: Revenue of $39K, expenses of $42K, and assets of $36K (revenue +100.2% year-over-year).
- 2015: Revenue of $20K, expenses of $29K, and assets of $61K (revenue -61.8% year-over-year).
- 2014: Revenue of $51K, expenses of $11K, and assets of $70K (revenue +38764.4% year-over-year).
- 2013: Revenue of $132, expenses of $18K, and assets of $30K (revenue -99.7% year-over-year).
- 2012: Revenue of $40K, expenses of $10K, and assets of $48K (revenue -33.2% year-over-year).
- 2011: Revenue of $60K, expenses of $82K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Setty Family Foundation 12212009:
Data Sources and Methodology
This transparency report for Setty Family Foundation 12212009 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.