Shanahan Family Foundation Inc
Shanahan Family Foundation consistently spends more than it earns, relying on its asset base.
EIN: 133979302 · Darien, CT · NTEE: P80Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12K |
| Total Expenses | $19K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $721,244. |
| Net Assets | $724K |
| Transparency Score | 75/100 |
Is Shanahan Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shanahan Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shanahan Family Foundation Inc
Shanahan Family Foundation Inc (EIN: 133979302) is a nonprofit organization based in Darien, CT, classified under NTEE code P80Z. The organization reported total revenue of $12K and total assets of $721K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shanahan Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shanahan Family Foundation Inc is a micro 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 -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $19K |
| Surplus / Deficit | $-6,777 |
| Total Assets | $724K |
| Total Liabilities | $1 |
| Net Assets | $724K |
| Operating Margin | -53.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 447.7 months |
Financial Health Grade: B
In 2023, Shanahan Family Foundation Inc reported a deficit of $7K with expenses exceeding revenue, holds 447.7 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), Shanahan Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +77.3% | +103.9% | -0.9% |
| 2022 | +100.9% | -85.7% | -0.3% |
| 2020 | -113.8% | -50.2% | -14.0% |
| 2019 | +10659.4% | -24.5% | +152.5% |
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 Shanahan Family Foundation Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Shanahan 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or directors are paid, which is a strong positive for a foundation of this size with assets around $721,244.
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 Shanahan Family Foundation Inc's IRS 990 filings:
- Expenses frequently exceed revenue, indicating reliance on asset drawdowns or prior year contributions (e.g., 2023 expenses $19,395 vs revenue $12,618; 2021 expenses $66,555 vs revenue $3,543).
- Significant negative revenue reported in 2020 ($-92,943), which could indicate investment losses or a return of contributions.
Strengths
The following positive indicators were identified for Shanahan Family Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds and volunteer leadership.
- Maintains a substantial asset base (e.g., $721,244 in the latest period) to support its mission.
- Consistent IRS 990 filing history, demonstrating transparency in financial reporting.
Frequently Asked Questions about Shanahan Family Foundation Inc
Is Shanahan Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shanahan Family Foundation Inc (EIN: 133979302) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Shanahan Family Foundation Inc spend its money?
Shanahan Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shanahan Family Foundation Inc tax-deductible?
Shanahan Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133979302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Shanahan Family Foundation Inc CEO make?
Shanahan Family Foundation Inc's highest-compensated officer earns $721,244. annually. The organization reported $12K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Shanahan Family Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Shanahan Family Foundation Inc is above average for NTEE category P80Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shanahan Family Foundation Inc located?
Shanahan Family Foundation Inc is headquartered in Darien, Connecticut and files with the IRS under EIN 133979302. It is classified under NTEE code P80Z.
How many years of IRS 990 filings does Shanahan Family Foundation Inc have?
Shanahan Family Foundation Inc 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 $12K in total revenue.
What are the specific programs or grants the Shanahan Family Foundation supports?
The provided data does not detail the specific programs or grants supported by the Shanahan Family Foundation. Further investigation into their public records or website would be needed to understand their philanthropic focus.
How does the foundation manage its investment portfolio to sustain its grant-making activities?
While the foundation consistently reports significant assets (e.g., $721,244 in the latest period), the provided data does not offer insights into its investment strategies or portfolio performance. The fluctuating revenue, including a negative revenue of $-92,943 in 2020, suggests investment volatility or specific financial events.
What is the typical grant size or number of grants disbursed annually?
The IRS 990 data provided only shows total expenses, not a breakdown of grant disbursements. Therefore, the typical grant size or number of grants cannot be determined from this information.
Filing History
IRS 990 filing history for Shanahan Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Shanahan Family Foundation Inc's revenue has declined by 20.8%, moving from $16K to $13K. Total assets increased by 45.5% over the same period, from $497K to $724K. Total functional expenses fell by 28.6%, from $27K to $19K. In its most recent filing year (2023), Shanahan Family Foundation Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1 in liabilities against $724K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $724K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13K | $19K | $724K | $1 | — | — |
| 2022 | $7K | $10K | $730K | $1 | — | View 990 |
| 2021 | $4K | $67K | $733K | $1 | — | View 990 |
| 2020 | $-92,943 | $25K | $796K | $1 | — | — |
| 2019 | $675K | $50K | $925K | $1 | — | — |
| 2015 | $6K | $66K | $366K | $1 | — | View 990 |
| 2014 | $16K | $63K | $426K | $0 | — | View 990 |
| 2013 | $91K | $88K | $473K | $0 | — | View 990 |
| 2012 | $29K | $52K | $470K | $0 | — | View 990 |
| 2011 | $16K | $27K | $497K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13K, expenses of $19K, and assets of $724K (revenue +77.3% year-over-year).
- 2022: Revenue of $7K, expenses of $10K, and assets of $730K (revenue +100.9% year-over-year).
- 2021: Revenue of $4K, expenses of $67K, and assets of $733K.
- 2020: Revenue of $-92,943, expenses of $25K, and assets of $796K (revenue -113.8% year-over-year).
- 2019: Revenue of $675K, expenses of $50K, and assets of $925K (revenue +10659.4% year-over-year).
- 2015: Revenue of $6K, expenses of $66K, and assets of $366K (revenue -60.5% year-over-year).
- 2014: Revenue of $16K, expenses of $63K, and assets of $426K (revenue -82.6% year-over-year).
- 2013: Revenue of $91K, expenses of $88K, and assets of $473K (revenue +218.0% year-over-year).
- 2012: Revenue of $29K, expenses of $52K, and assets of $470K (revenue +79.9% year-over-year).
- 2011: Revenue of $16K, expenses of $27K, and assets of $497K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shanahan Family Foundation Inc:
Data Sources and Methodology
This transparency report for Shanahan 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.