Sklar Family Foundation

Sklar Family Foundation consistently operates with zero officer compensation, directing all funds to its mission.

EIN: 200098248 · Houston, TX · NTEE: T22 · Updated: 2026-03-28

$1.3MRevenue
$2.7MAssets
95/100Mission Score (Excellent)
T22
Sklar Family Foundation Financial Summary
MetricValue
Total Revenue$1.3M
Total Expenses$92K
Program Spending90%
CEO/Top Officer Pay$1.7
Net Assets$1.8M
Transparency Score95/100

Is Sklar Family Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Sklar Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Sklar Family Foundation

Sklar Family Foundation (EIN: 200098248) is a nonprofit organization based in Houston, TX, classified under NTEE code T22. The organization reported total revenue of $1.3M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sklar Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
Mid-SizeSize Classification
11Years of Filings
MixedRevenue Trajectory

Sklar Family Foundation is a mid-size nonprofit that has been operating for 22 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -8.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$140K
Total Expenses$92K
Surplus / Deficit+$48K
Total Assets$1.8M
Total Liabilities$19K
Net Assets$1.8M
Operating Margin34.1%
Debt-to-Asset Ratio1.0%
Months of Reserves231.1 months

Financial Health Grade: A

In 2023, Sklar Family Foundation reported a surplus of $48K with revenue exceeding expenses, holds 231.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).

Financial Trends

Over 11 years of filings (2010–2023), Sklar Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+102.0%-8.3%+3.9%
2022-52.0%-39.6%-2.2%
2021-14.9%-38.0%-1.0%
2020-78.0%+59.2%-5.2%
2019+1128.8%+28.4%+28.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Sklar Family Foundation demonstrates consistent financial health, maintaining assets around $1.7 million in recent years, with the latest reported assets at $1,779,977. While revenue has fluctuated, the organization has generally managed its expenses effectively, as seen in the 202312 period where expenses ($92,425) were less than revenue ($140,351). The foundation's spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings, indicating that leadership is not drawing salaries from the organization's funds. This suggests a high dedication of resources directly to the foundation's mission. The consistent filing of IRS Form 990s over 11 periods also points to a commitment to transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sklar Family Foundation with a Mission Score of 95 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

According to IRS 990 filings, Sklar 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:

$140KTotal Revenue
$92KTotal Expenses
$1.8MTotal Assets
$19KTotal Liabilities
$1.8MNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's officers are not compensated, which is highly commendable for an organization of its size with assets around $1.7 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.

Strengths

The following positive indicators were identified for Sklar Family Foundation:

Frequently Asked Questions about Sklar Family Foundation

Is Sklar Family Foundation a legitimate charity?

Sklar Family Foundation (EIN: 200098248) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 95/100. It has 11 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Sklar Family Foundation spend its money?

Sklar Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Sklar Family Foundation tax-deductible?

Sklar Family Foundation is registered as a tax-exempt nonprofit (EIN: 200098248). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Sklar Family Foundation CEO make?

Sklar Family Foundation's highest-compensated officer earns $1.7 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Sklar Family Foundation compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Sklar Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Sklar Family Foundation located?

Sklar Family Foundation is headquartered in Houston, Texas and files with the IRS under EIN 200098248. It is classified under NTEE code T22.

How many years of IRS 990 filings does Sklar Family Foundation have?

Sklar Family Foundation has 11 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 $1.3M in total revenue.

Is Sklar Family Foundation a good charity?

Based on the available data, the Sklar Family Foundation appears to be a very good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its programmatic goals. Its financial health is stable, with assets around $1.7 million, and it maintains transparency through regular IRS 990 filings.

How does the Sklar Family Foundation manage its expenses relative to its revenue?

The foundation's expense management varies. In some years, like 202312, expenses ($92,425) were well below revenue ($140,351), leading to growth in assets. However, in other periods, such as 202212, expenses ($100,830) exceeded revenue ($69,485), drawing from reserves. Overall, the foundation maintains a stable asset base, suggesting prudent long-term financial management.

What is the trend in the Sklar Family Foundation's assets?

The foundation's assets have shown a general upward trend over the long term, growing from $1,064,658 in 201112 to $1,779,977 in 202312. While there are minor fluctuations year-to-year, the overall trajectory indicates financial stability and growth.

Filing History

IRS 990 filing history for Sklar Family Foundation showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2010–2023), Sklar Family Foundation's revenue has declined by 69.3%, moving from $457K to $140K. Total assets increased by 53.2% over the same period, from $1.2M to $1.8M. Total functional expenses rose by 1.4%, from $91K to $92K. In its most recent filing year (2023), Sklar Family Foundation reported a surplus of $48K, with revenue exceeding expenses. The organization holds $19K in liabilities against $1.8M in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $1.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $140K $92K $1.8M $19K
2022 $69K $101K $1.7M $1 View 990
2021 $145K $167K $1.8M $1 View 990
2020 $170K $269K $1.8M $1
2019 $773K $169K $1.9M $1 View 990
2015 $63K $132K $1.4M $1 View 990
2014 $62K $149K $1.5M $1 View 990
2013 $365K $178K $1.6M $0 View 990
2012 $474K $126K $1.4M $0 View 990
2011 $41K $138K $1.1M $0 View 990
2010 $457K $91K $1.2M $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Sklar Family Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Sklar 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.

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