Simmons Fam Charitable Foundation
Simmons Fam Charitable Foundation shows strong asset growth and no officer compensation amidst volatile revenue.
EIN: 206093255 · Alton, IL · NTEE: P12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $316K |
| Total Expenses | $40K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $430K |
| Transparency Score | 85/100 |
Is Simmons Fam Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Simmons Fam Charitable Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Simmons Fam Charitable Foundation
Simmons Fam Charitable Foundation (EIN: 206093255) is a nonprofit organization based in Alton, IL, classified under NTEE code P12. The organization reported total revenue of $316K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Simmons Fam Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Simmons Fam Charitable Foundation is a small nonprofit that has been operating for 22 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 72.0%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $40K |
| Surplus / Deficit | +$164K |
| Total Assets | $430K |
| Total Liabilities | $1 |
| Net Assets | $430K |
| Operating Margin | 80.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 130.0 months |
Financial Health Grade: A
In 2015, Simmons Fam Charitable Foundation reported a surplus of $164K with revenue exceeding expenses, holds 130.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Simmons Fam Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 72.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -79.9% | -97.4% | +61.5% |
| 2014 | +342.1% | +583.9% | -64.7% |
| 2013 | +1503.9% | +65.2% | +1.3% |
| 2012 | -38.5% | -44.5% | -13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Simmons Fam Charitable Foundation with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Simmons Fam Charitable Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $164K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the foundation, which is highly commendable for an organization of its size with assets exceeding $1.3 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 Simmons Fam Charitable Foundation's IRS 990 filings:
- Significant year-over-year revenue and expense volatility, making long-term financial planning assessment difficult without further context.
Strengths
The following positive indicators were identified for Simmons Fam Charitable Foundation:
- Consistent 0% officer compensation, indicating high dedication to mission and efficient use of funds.
- Strong asset growth, from $429,631 in 2015 to $1,387,343 currently.
- Extremely low liabilities ($1 across all filings), demonstrating excellent financial health.
- Positive net assets, indicating financial solvency and capacity for future operations.
Frequently Asked Questions about Simmons Fam Charitable Foundation
Is Simmons Fam Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Simmons Fam Charitable Foundation (EIN: 206093255) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Simmons Fam Charitable Foundation spend its money?
Simmons Fam Charitable Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Simmons Fam Charitable Foundation tax-deductible?
Simmons Fam Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 206093255). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Simmons Fam Charitable Foundation CEO make?
Simmons Fam Charitable Foundation's highest-compensated officer earns $1.3 annually. The organization reported $316K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Simmons Fam Charitable Foundation's spending goes to programs?
Simmons Fam Charitable Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Simmons Fam Charitable Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Simmons Fam Charitable Foundation is above average for NTEE category P12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Simmons Fam Charitable Foundation located?
Simmons Fam Charitable Foundation is headquartered in Alton, Illinois and files with the IRS under EIN 206093255. It is classified under NTEE code P12.
How many years of IRS 990 filings does Simmons Fam Charitable Foundation have?
Simmons Fam Charitable Foundation has 5 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 $316K in total revenue.
Is Simmons Fam Charitable Foundation a good charity?
Based on the available data, the foundation appears to be a good charity, particularly due to its strong asset growth, minimal liabilities, and the commendable practice of not paying officer compensation, suggesting a high dedication to its mission.
How has the foundation's financial stability changed over time?
The foundation's financial stability has seen significant fluctuations in revenue and expenses, but its assets have consistently grown, from $429,631 in 2015 to $1,387,343 currently, indicating increasing financial strength.
What is the trend in the foundation's liabilities?
The foundation consistently reports liabilities of $1 across all filings, which is exceptionally low and indicates a very healthy financial position with virtually no debt.
Filing History
IRS 990 filing history for Simmons Fam Charitable Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Simmons Fam Charitable Foundation's revenue has grown by 775.9%, moving from $23K to $203K. Total assets decreased by 50.1% over the same period, from $862K to $430K. Total functional expenses fell by 83.4%, from $239K to $40K. In its most recent filing year (2015), Simmons Fam Charitable Foundation reported a surplus of $164K, with revenue exceeding expenses. The organization holds $1 in liabilities against $430K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $430K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $203K | $40K | $430K | $1 | — | View 990 |
| 2014 | $1.0M | $1.5M | $266K | $1 | — | View 990 |
| 2013 | $229K | $219K | $753K | $1 | — | View 990 |
| 2012 | $14K | $133K | $743K | $1 | — | View 990 |
| 2011 | $23K | $239K | $862K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $203K, expenses of $40K, and assets of $430K (revenue -79.9% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.5M, and assets of $266K (revenue +342.1% year-over-year).
- 2013: Revenue of $229K, expenses of $219K, and assets of $753K (revenue +1503.9% year-over-year).
- 2012: Revenue of $14K, expenses of $133K, and assets of $743K (revenue -38.5% year-over-year).
- 2011: Revenue of $23K, expenses of $239K, and assets of $862K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Simmons Fam Charitable Foundation:
Data Sources and Methodology
This transparency report for Simmons Fam Charitable 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.