Shelton Landmark Foundation
Shelton Landmark Foundation shows highly volatile revenue and recent operating losses, but maintains substantial assets and reports no executive compensation.
EIN: 202532325 · Dallas, TX · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.2M |
| Total Expenses | $5.6M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $63.2M |
| Transparency Score | 70/100 |
Is Shelton Landmark Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shelton Landmark Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shelton Landmark Foundation
Shelton Landmark Foundation (EIN: 202532325) is a nonprofit organization based in Dallas, TX, classified under NTEE code T30. The organization reported total revenue of $18.2M and total assets of $101.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shelton Landmark Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shelton Landmark Foundation is a large nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 64.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $5.6M |
| Surplus / Deficit | $-2,248,522 |
| Total Assets | $113.3M |
| Total Liabilities | $50.1M |
| Net Assets | $63.2M |
| Operating Margin | -67.7% |
| Debt-to-Asset Ratio | 44.2% |
| Months of Reserves | 244.0 months |
Financial Health Grade: B
In 2023, Shelton Landmark Foundation reported a deficit of $2.2M with expenses exceeding revenue, holds 244.0 months of operating reserves (strong position), has a debt-to-asset ratio of 44.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Shelton Landmark Foundation's revenue has grown at a compound annual growth rate (CAGR) of 64.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.5% | +12.5% | -6.0% |
| 2022 | +88.1% | +25.1% | -3.7% |
| 2021 | -83.4% | +45.1% | +10.6% |
| 2020 | +195.3% | +62.7% | +81.2% |
| 2019 | -22.9% | -41.3% | +19.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Shelton Landmark Foundation with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, Shelton Landmark Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $2.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a positive sign for a nonprofit of its size, with assets exceeding $100 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.
Red Flags
The following concerns were identified during AI analysis of Shelton Landmark Foundation's IRS 990 filings:
- Highly volatile revenue, making financial planning unpredictable (e.g., $31.7M in 2020 vs. $3.3M in 2023).
- Operating at a deficit in the most recent filing (202305: Expenses $5.57M vs. Revenue $3.32M).
- Declining asset base from $125.1M in 2021 to $113.3M in 2023.
- Significant increase in liabilities over time, reaching $50.1M in 2023.
Strengths
The following positive indicators were identified for Shelton Landmark Foundation:
- No officer compensation reported across all filings, indicating strong financial stewardship in this area.
- Maintains substantial assets ($101.3M latest, $113.3M in 2023) providing a financial cushion.
- Long operating history with 14 IRS 990 filings.
Frequently Asked Questions about Shelton Landmark Foundation
Is Shelton Landmark Foundation a legitimate charity?
Shelton Landmark Foundation (EIN: 202532325) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $18.2M. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Shelton Landmark Foundation spend its money?
Shelton Landmark Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Shelton Landmark Foundation tax-deductible?
Shelton Landmark Foundation is registered as a tax-exempt nonprofit (EIN: 202532325). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Shelton Landmark Foundation CEO make?
Shelton Landmark Foundation's highest-compensated officer earns $100 annually. The organization reported $18.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Shelton Landmark Foundation's spending goes to programs?
Shelton Landmark Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Shelton Landmark Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Shelton Landmark Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shelton Landmark Foundation located?
Shelton Landmark Foundation is headquartered in Dallas, Texas and files with the IRS under EIN 202532325. It is classified under NTEE code T30.
How many years of IRS 990 filings does Shelton Landmark Foundation have?
Shelton Landmark Foundation has 14 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 $18.2M in total revenue.
Is Shelton Landmark Foundation a good charity?
Shelton Landmark Foundation demonstrates strong transparency regarding executive compensation (0% reported). However, its financial stability is questionable due to highly volatile revenue and recent operating losses, such as in 2023 where expenses exceeded revenue by over $2.2 million. While it holds significant assets, the long-term sustainability given these trends needs further investigation.
What caused the significant revenue fluctuations?
The IRS 990 data alone does not specify the exact causes for the extreme revenue fluctuations, such as the jump from $13.9 million in 2018 to $31.7 million in 2020, and then a drop to $5.2 million in 2021. This could be due to large one-time grants, asset sales, or significant investment gains/losses, which would require reviewing the full 990 forms for detailed schedules.
How does the organization manage its liabilities?
Liabilities have shown a significant increase over time, from $0 in 2014-2015 to $50,125,175 in 2023. While assets still significantly outweigh liabilities, the trend of increasing liabilities alongside declining assets (from $125M in 2021 to $113M in 2023) suggests a need to understand the nature of these liabilities and the organization's strategy for managing them.
Filing History
IRS 990 filing history for Shelton Landmark Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Shelton Landmark Foundation's revenue has grown by 63518.6%, moving from $5K to $3.3M. Total assets increased by 675% over the same period, from $14.6M to $113.3M. Total functional expenses rose by 817.2%, from $607K to $5.6M. In its most recent filing year (2023), Shelton Landmark Foundation reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $50.1M in liabilities against $113.3M in assets (debt-to-asset ratio: 44.2%), resulting in net assets of $63.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $5.6M | $113.3M | $50.1M | — | View 990 |
| 2022 | $9.9M | $5.0M | $120.5M | $56.2M | — | View 990 |
| 2021 | $5.3M | $4.0M | $125.1M | $67.1M | — | View 990 |
| 2020 | $31.7M | $2.7M | $113.1M | $57.3M | — | View 990 |
| 2019 | $10.7M | $1.7M | $62.5M | $34.7M | — | View 990 |
| 2018 | $13.9M | $2.9M | $52.1M | $31.7M | — | View 990 |
| 2017 | $6.8M | $2.3M | $11.6M | $2.4M | — | View 990 |
| 2016 | $10K | $252K | $5.0M | $252K | — | View 990 |
| 2015 | $10K | $251K | $5.0M | $0 | — | View 990 |
| 2014 | $10K | $249K | $5.2M | $0 | — | View 990 |
| 2013 | $0 | $448K | $8.3M | $0 | — | View 990 |
| 2012 | $10K | $821K | $13.3M | $0 | — | View 990 |
| 2011 | $5K | $540K | $14.1M | $0 | — | View 990 |
| 2010 | $5K | $607K | $14.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $5.6M, and assets of $113.3M (revenue -66.5% year-over-year).
- 2022: Revenue of $9.9M, expenses of $5.0M, and assets of $120.5M (revenue +88.1% year-over-year).
- 2021: Revenue of $5.3M, expenses of $4.0M, and assets of $125.1M (revenue -83.4% year-over-year).
- 2020: Revenue of $31.7M, expenses of $2.7M, and assets of $113.1M (revenue +195.3% year-over-year).
- 2019: Revenue of $10.7M, expenses of $1.7M, and assets of $62.5M (revenue -22.9% year-over-year).
- 2018: Revenue of $13.9M, expenses of $2.9M, and assets of $52.1M (revenue +105.8% year-over-year).
- 2017: Revenue of $6.8M, expenses of $2.3M, and assets of $11.6M (revenue +67291.7% year-over-year).
- 2016: Revenue of $10K, expenses of $252K, and assets of $5.0M (revenue +0.3% year-over-year).
- 2015: Revenue of $10K, expenses of $251K, and assets of $5.0M (revenue +0.0% year-over-year).
- 2014: Revenue of $10K, expenses of $249K, and assets of $5.2M.
- 2013: Revenue of $0, expenses of $448K, and assets of $8.3M (revenue -100.0% year-over-year).
- 2012: Revenue of $10K, expenses of $821K, and assets of $13.3M (revenue +117.0% year-over-year).
- 2011: Revenue of $5K, expenses of $540K, and assets of $14.1M (revenue -11.8% year-over-year).
- 2010: Revenue of $5K, expenses of $607K, and assets of $14.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shelton Landmark Foundation:
Data Sources and Methodology
This transparency report for Shelton Landmark 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.