Slezak Family Charitable Foundation
Slezak Family Charitable Foundation's assets have declined by 30% since 2019 amidst fluctuating revenues and consistent spending.
EIN: 203530086 · Omaha, NE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $197K |
| Total Expenses | $172K |
| Program Spending | 90% |
| Net Assets | $956K |
| Transparency Score | 70/100 |
Is Slezak Family Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Slezak Family Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Slezak Family Charitable Foundation
Slezak Family Charitable Foundation (EIN: 203530086) is a nonprofit organization based in Omaha, NE, classified under NTEE code T22. The organization reported total revenue of $197K and total assets of $923K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Slezak Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Slezak Family Charitable Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $172K |
| Surplus / Deficit | $-132,773 |
| Total Assets | $956K |
| Total Liabilities | $1 |
| Net Assets | $956K |
| Operating Margin | -337.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 66.6 months |
Financial Health Grade: B
In 2023, Slezak Family Charitable Foundation reported a deficit of $133K with expenses exceeding revenue, holds 66.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Slezak Family Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.6% | -23.4% | -12.2% |
| 2022 | -71.8% | +36.2% | -12.8% |
| 2021 | +83.0% | -4.3% | +0.3% |
| 2020 | -55.6% | +37.8% | -8.4% |
| 2019 | -50.1% | -30.2% | +12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Slezak Family Charitable 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Slezak Family Charitable 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:
- The organization reported a deficit of $133K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Slezak Family Charitable Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not reported as officer compensation, which is common for family foundations.
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 Slezak Family Charitable Foundation's IRS 990 filings:
- Consistent asset decline over the last five years, from $1,359,350 in 2019 to $955,549 in 2023.
- Expenses frequently exceed revenue, notably in 2023 where expenses were over four times revenue ($172,163 vs. $39,390).
Strengths
The following positive indicators were identified for Slezak Family Charitable Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds for administrative overhead.
- Minimal liabilities ($1 consistently reported), suggesting strong financial stability without significant debt.
- Consistent grantmaking activity over a long period (10 filings available), demonstrating sustained charitable intent.
Frequently Asked Questions about Slezak Family Charitable Foundation
Is Slezak Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Slezak Family Charitable Foundation (EIN: 203530086) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Slezak Family Charitable Foundation spend its money?
Slezak Family Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Slezak Family Charitable Foundation tax-deductible?
Slezak Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 203530086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Slezak Family Charitable Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Slezak Family Charitable 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 Slezak Family Charitable Foundation located?
Slezak Family Charitable Foundation is headquartered in Omaha, Nebraska and files with the IRS under EIN 203530086. It is classified under NTEE code T22.
How many years of IRS 990 filings does Slezak Family Charitable Foundation have?
Slezak Family Charitable 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 $197K in total revenue.
What is the primary purpose of the Slezak Family Charitable Foundation?
Based on the NTEE code T22 (Private Grantmaking Foundations) and the financial data, the foundation's primary purpose is likely to make grants to other charitable organizations or individuals, rather than directly operating programs.
Why have the foundation's assets been declining in recent years?
The decline in assets, from $1,359,350 in 2019 to $955,549 in 2023, is primarily due to expenses frequently exceeding revenues, particularly in 2023 ($172,163 expenses vs. $39,390 revenue) and 2022 ($224,660 expenses vs. $64,194 revenue).
Does the Slezak Family Charitable Foundation engage in fundraising activities?
Given the consistent reporting of 0% officer compensation and the nature of a private foundation, it is highly probable that the foundation does not engage in public fundraising activities, relying instead on its endowment or contributions from founding family members.
Filing History
IRS 990 filing history for Slezak Family Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Slezak Family Charitable Foundation's revenue has declined by 77.9%, moving from $178K to $39K. Total assets decreased by 2.9% over the same period, from $984K to $956K. Total functional expenses rose by 90%, from $91K to $172K. In its most recent filing year (2023), Slezak Family Charitable Foundation reported a deficit of $133K, with expenses exceeding revenue. The organization holds $1 in liabilities against $956K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $956K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $172K | $956K | $1 | — | View 990 |
| 2022 | $64K | $225K | $1.1M | $1 | — | View 990 |
| 2021 | $228K | $165K | $1.2M | $1 | — | — |
| 2020 | $125K | $172K | $1.2M | $1 | — | — |
| 2019 | $281K | $125K | $1.4M | $1 | — | View 990 |
| 2015 | $562K | $179K | $1.2M | $1 | — | View 990 |
| 2014 | $327K | $174K | $1.1M | $1 | — | View 990 |
| 2013 | $158K | $72K | $1.1M | $1 | — | View 990 |
| 2012 | $75K | $77K | $981K | $1 | — | View 990 |
| 2011 | $178K | $91K | $984K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $172K, and assets of $956K (revenue -38.6% year-over-year).
- 2022: Revenue of $64K, expenses of $225K, and assets of $1.1M (revenue -71.8% year-over-year).
- 2021: Revenue of $228K, expenses of $165K, and assets of $1.2M (revenue +83.0% year-over-year).
- 2020: Revenue of $125K, expenses of $172K, and assets of $1.2M (revenue -55.6% year-over-year).
- 2019: Revenue of $281K, expenses of $125K, and assets of $1.4M (revenue -50.1% year-over-year).
- 2015: Revenue of $562K, expenses of $179K, and assets of $1.2M (revenue +71.9% year-over-year).
- 2014: Revenue of $327K, expenses of $174K, and assets of $1.1M (revenue +107.4% year-over-year).
- 2013: Revenue of $158K, expenses of $72K, and assets of $1.1M (revenue +111.1% year-over-year).
- 2012: Revenue of $75K, expenses of $77K, and assets of $981K (revenue -58.0% year-over-year).
- 2011: Revenue of $178K, expenses of $91K, and assets of $984K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Slezak Family Charitable Foundation:
Data Sources and Methodology
This transparency report for Slezak Family 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.