Shatz Family Foundation
EIN: 882989040 · Tucson, AZ · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $140K |
| Net Assets | $651K |
Is Shatz Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shatz Family Foundation
Shatz Family Foundation (EIN: 882989040) is a nonprofit organization based in Tucson, AZ, classified under NTEE code T20. The organization reported total revenue of $2.1M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shatz Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shatz Family Foundation is a mid-size nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 72938600.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $729K |
| Total Expenses | $140K |
| Surplus / Deficit | +$589K |
| Total Assets | $651K |
| Total Liabilities | $1 |
| Net Assets | $651K |
| Operating Margin | 80.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 55.7 months |
Financial Health Grade: A
In 2023, Shatz Family Foundation reported a surplus of $589K with revenue exceeding expenses, holds 55.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Shatz Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 72938600.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +72938600.0% | — | +65107000.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shatz Family Foundation 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 Shatz Family Foundation 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 $589K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Shatz Family Foundation
Is Shatz Family Foundation a legitimate charity?
Shatz Family Foundation (EIN: 882989040) is a registered tax-exempt nonprofit based in Arizona. It has 2 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: A.
How does Shatz Family Foundation spend its money?
Shatz Family Foundation reported $2.1M in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shatz Family Foundation tax-deductible?
Shatz Family Foundation is registered as a tax-exempt nonprofit (EIN: 882989040). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shatz Family Foundation located?
Shatz Family Foundation is headquartered in Tucson, Arizona and files with the IRS under EIN 882989040. It is classified under NTEE code T20.
How many years of IRS 990 filings does Shatz Family Foundation have?
Shatz Family Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.1M in total revenue.
Filing History
IRS 990 filing history for Shatz Family Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Shatz Family Foundation's revenue has grown by 72938600%, moving from $1 to $729K. Total assets increased by 65107000% over the same period, from $1 to $651K. In its most recent filing year (2023), Shatz Family Foundation reported a surplus of $589K, with revenue exceeding expenses. The organization holds $1 in liabilities against $651K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $651K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $729K | $140K | $651K | $1 | — | View 990 |
| 2022 | $1 | $0 | $1 | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shatz Family Foundation:
Data Sources and Methodology
This transparency report for Shatz 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.