Simply Distribute Charitable Foundation
Simply Distribute Charitable Foundation shows volatile revenue but consistent asset growth and zero reported officer compensation.
EIN: 200883662 · Virginia Bch, VA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| Net Assets | $4.5M |
| Transparency Score | 80/100 |
Is Simply Distribute Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Simply Distribute Charitable Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Simply Distribute Charitable Foundation
Simply Distribute Charitable Foundation (EIN: 200883662) is a nonprofit organization based in Virginia Bch, VA, classified under NTEE code T30. The organization reported total revenue of $1.7M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Simply Distribute Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Simply Distribute Charitable Foundation is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$3.0M |
| Total Assets | $4.5M |
| Net Assets | $4.5M |
| Operating Margin | 66.9% |
| Months of Reserves | 36.0 months |
Financial Health Grade: A
In 2023, Simply Distribute Charitable Foundation reported a surplus of $3.0M with revenue exceeding expenses, holds 36.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Simply Distribute Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +184.5% | -32.9% | +207.9% |
| 2022 | -10.0% | +39.2% | -30.4% |
| 2021 | +275.9% | +217.6% | +8.6% |
| 2020 | +26.3% | +30.5% | -1.7% |
| 2019 | -1.8% | +12.7% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Simply Distribute Charitable Foundation with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Simply Distribute Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $3.0M, with revenue exceeding expenses.
Executive Compensation Analysis
Simply Distribute Charitable Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through an unstated mechanism, which is a strong positive for minimizing administrative costs relative to its size.
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 Simply Distribute Charitable Foundation's IRS 990 filings:
- Highly volatile revenue, including a negative revenue figure in 201409, which warrants further investigation.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Simply Distribute Charitable Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating low executive overhead.
- Significant asset growth from $1,869,990 in 201409 to $4,467,565 in 202309, demonstrating financial stability.
- Consistently reports zero liabilities, indicating a strong balance sheet.
- Generated a substantial surplus in the latest filing (202309) with revenue of $4,505,997 against expenses of $1,489,637.
Frequently Asked Questions about Simply Distribute Charitable Foundation
Is Simply Distribute Charitable Foundation a legitimate charity?
Simply Distribute Charitable Foundation (EIN: 200883662) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Simply Distribute Charitable Foundation spend its money?
Simply Distribute Charitable Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Simply Distribute Charitable Foundation tax-deductible?
Simply Distribute Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 200883662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Simply Distribute Charitable Foundation's spending goes to programs?
Simply Distribute Charitable Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Simply Distribute Charitable Foundation compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Simply Distribute Charitable 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 Simply Distribute Charitable Foundation located?
Simply Distribute Charitable Foundation is headquartered in Virginia Bch, Virginia and files with the IRS under EIN 200883662. It is classified under NTEE code T30.
How many years of IRS 990 filings does Simply Distribute Charitable Foundation have?
Simply Distribute Charitable Foundation has 13 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 $1.7M in total revenue.
Is Simply Distribute Charitable Foundation a good charity?
Based on the available data, Simply Distribute Charitable Foundation appears to be a financially stable organization with growing assets and a commendable record of zero reported officer compensation. Its ability to generate significant surpluses, as seen in 202309, suggests effective financial management. However, without detailed expense breakdowns, it's difficult to definitively assess program efficiency.
Why is the revenue so volatile?
The revenue for Simply Distribute Charitable Foundation has been highly volatile, ranging from a negative figure of $-2,833,258 in 201409 to a high of $4,505,997 in 202309. This could be due to reliance on large, infrequent grants, significant investment gains/losses, or unique fundraising events. Further investigation into their revenue sources would be needed to understand this fluctuation.
What caused the negative revenue in 201409?
The negative revenue of $-2,833,258 in 201409 is highly unusual for a nonprofit. This could potentially be due to significant investment losses, a large return of funds to a donor, or a major accounting adjustment. Without access to the full 990 form for that period, the exact cause cannot be determined.
Filing History
IRS 990 filing history for Simply Distribute Charitable Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Simply Distribute Charitable Foundation's revenue has grown by 16.9%, moving from $3.9M to $4.5M. Total assets decreased by 4% over the same period, from $4.7M to $4.5M. Total functional expenses rose by 435.4%, from $278K to $1.5M. In its most recent filing year (2023), Simply Distribute Charitable Foundation reported a surplus of $3.0M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $1.5M | $4.5M | $0 | — | View 990 |
| 2022 | $1.6M | $2.2M | $1.5M | $0 | — | View 990 |
| 2021 | $1.8M | $1.6M | $2.1M | $0 | — | View 990 |
| 2020 | $468K | $502K | $1.9M | $0 | — | View 990 |
| 2019 | $371K | $385K | $2.0M | $0 | — | View 990 |
| 2018 | $378K | $341K | $2.0M | $0 | — | View 990 |
| 2017 | $446K | $431K | $1.9M | $0 | — | View 990 |
| 2016 | $490K | $456K | $1.9M | $0 | — | View 990 |
| 2015 | $614K | $600K | $1.9M | $0 | — | View 990 |
| 2014 | $-2,833,258 | $772K | $1.9M | $0 | — | View 990 |
| 2013 | $929K | $463K | $5.5M | $0 | — | View 990 |
| 2012 | $747K | $392K | $5.0M | $0 | — | View 990 |
| 2011 | $3.9M | $278K | $4.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $1.5M, and assets of $4.5M (revenue +184.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.2M, and assets of $1.5M (revenue -10.0% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.6M, and assets of $2.1M (revenue +275.9% year-over-year).
- 2020: Revenue of $468K, expenses of $502K, and assets of $1.9M (revenue +26.3% year-over-year).
- 2019: Revenue of $371K, expenses of $385K, and assets of $2.0M (revenue -1.8% year-over-year).
- 2018: Revenue of $378K, expenses of $341K, and assets of $2.0M (revenue -15.4% year-over-year).
- 2017: Revenue of $446K, expenses of $431K, and assets of $1.9M (revenue -8.8% year-over-year).
- 2016: Revenue of $490K, expenses of $456K, and assets of $1.9M (revenue -20.2% year-over-year).
- 2015: Revenue of $614K, expenses of $600K, and assets of $1.9M.
- 2014: Revenue of $-2,833,258, expenses of $772K, and assets of $1.9M (revenue -404.9% year-over-year).
- 2013: Revenue of $929K, expenses of $463K, and assets of $5.5M (revenue +24.3% year-over-year).
- 2012: Revenue of $747K, expenses of $392K, and assets of $5.0M (revenue -80.6% year-over-year).
- 2011: Revenue of $3.9M, expenses of $278K, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Simply Distribute Charitable Foundation:
Data Sources and Methodology
This transparency report for Simply Distribute 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.