Skewes Family Foundation
Skewes Family Foundation maintains operations and asset base despite recent negative revenues and no officer compensation.
EIN: 201978793 · Blue Ridge, VA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $338K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4.8 |
| Net Assets | $4.9M |
| Transparency Score | 85/100 |
Is Skewes Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Skewes Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Skewes Family Foundation
Skewes Family Foundation (EIN: 201978793) is a nonprofit organization based in Blue Ridge, VA, classified under NTEE code T20. The organization reported total revenue of $3.7M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Skewes Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Skewes Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -102.2% | -8.9% | -4.7% |
| 2021 | +45.2% | -13.6% | +8.0% |
| 2020 | +64.6% | +21.2% | +5.4% |
| 2019 | +16.1% | -14.5% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Skewes Family 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Skewes Family Foundation 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:
- 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 receive compensation from the foundation, which is highly unusual for an organization of its asset size ($4.8 million in 2023).
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Skewes Family Foundation's IRS 990 filings:
- Consistent negative revenue in recent years ($-286,774 in 2023, $-14,971 in 2022) could indicate reliance on asset drawdowns or investment losses.
- Lack of detailed program expense breakdown in public filings makes it difficult to fully assess program efficiency and impact.
Strengths
The following positive indicators were identified for Skewes Family Foundation:
- Extremely low liabilities (often $1 or less) indicate strong financial stability and minimal debt.
- 0% officer compensation across all filings demonstrates high efficiency and dedication of leadership.
- Consistent filing history (10 filings) shows strong transparency and compliance.
- Stable asset base (around $5 million) provides a solid foundation for long-term operations and grantmaking.
Frequently Asked Questions about Skewes Family Foundation
Is Skewes Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Skewes Family Foundation (EIN: 201978793) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Skewes Family Foundation spend its money?
Skewes Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Skewes Family Foundation tax-deductible?
Skewes Family Foundation is registered as a tax-exempt nonprofit (EIN: 201978793). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Skewes Family Foundation CEO make?
Skewes Family Foundation's highest-compensated officer earns $4.8 annually. The organization reported $3.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Skewes Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Skewes Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Skewes Family Foundation located?
Skewes Family Foundation is headquartered in Blue Ridge, Virginia and files with the IRS under EIN 201978793. It is classified under NTEE code T20.
How many years of IRS 990 filings does Skewes Family Foundation have?
Skewes Family Foundation 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 $3.7M in total revenue.
Is Skewes Family Foundation a good charity?
Based on the available data, the Skewes Family Foundation appears to be a well-managed grantmaking foundation with a strong balance sheet (low liabilities) and a commitment to its mission, as evidenced by consistent expenses despite revenue fluctuations. The absence of officer compensation is a significant positive indicator of efficiency and dedication. However, without specific details on grant recipients and program impact, a full assessment of its 'goodness' is limited.
How does the foundation manage negative revenue periods?
The foundation manages negative revenue periods, such as $-286,774 in 2023 and $-14,971 in 2022, by drawing from its substantial asset base, which was $4,875,008 in 2023. This allows it to continue incurring expenses (e.g., $338,065 in 2023) and presumably fulfill its grantmaking mission.
What is the foundation's approach to executive compensation?
The Skewes Family Foundation reports 0% officer compensation in all available IRS 990 filings, indicating that its leadership operates without direct salary from the foundation. This suggests a volunteer-driven or externally funded leadership model.
Filing History
IRS 990 filing history for Skewes Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Skewes Family Foundation's revenue has declined by 207.7%, moving from $266K to $-286,774. Total assets decreased by 12.2% over the same period, from $5.6M to $4.9M. Total functional expenses rose by 11.8%, from $302K to $338K. The organization holds $753 in liabilities against $4.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-286,774 | $338K | $4.9M | $753 | — | — |
| 2022 | $-14,971 | $258K | $5.5M | $236 | — | View 990 |
| 2021 | $671K | $283K | $5.8M | $236 | — | View 990 |
| 2020 | $462K | $328K | $5.3M | $1 | — | View 990 |
| 2019 | $281K | $271K | $5.1M | $1 | — | View 990 |
| 2015 | $242K | $316K | $5.3M | $1 | — | View 990 |
| 2014 | $242K | $325K | $5.4M | $1 | — | View 990 |
| 2013 | $237K | $311K | $5.5M | $0 | — | View 990 |
| 2012 | $522K | $301K | $5.8M | $0 | — | View 990 |
| 2011 | $266K | $302K | $5.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-286,774, expenses of $338K, and assets of $4.9M.
- 2022: Revenue of $-14,971, expenses of $258K, and assets of $5.5M (revenue -102.2% year-over-year).
- 2021: Revenue of $671K, expenses of $283K, and assets of $5.8M (revenue +45.2% year-over-year).
- 2020: Revenue of $462K, expenses of $328K, and assets of $5.3M (revenue +64.6% year-over-year).
- 2019: Revenue of $281K, expenses of $271K, and assets of $5.1M (revenue +16.1% year-over-year).
- 2015: Revenue of $242K, expenses of $316K, and assets of $5.3M (revenue -0.2% year-over-year).
- 2014: Revenue of $242K, expenses of $325K, and assets of $5.4M (revenue +2.4% year-over-year).
- 2013: Revenue of $237K, expenses of $311K, and assets of $5.5M (revenue -54.6% year-over-year).
- 2012: Revenue of $522K, expenses of $301K, and assets of $5.8M (revenue +96.0% year-over-year).
- 2011: Revenue of $266K, expenses of $302K, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Skewes Family Foundation:
Data Sources and Methodology
This transparency report for Skewes 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.