Spector Family Foundation
Spector Family Foundation shows stable, modest operations with no executive compensation, experiencing a recent significant surge in revenue and assets.
EIN: 206350166 · Scottsdale, AZ · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $422K |
| Total Expenses | $17K |
| Program Spending | 80% |
| Net Assets | $152K |
| Transparency Score | 75/100 |
Is Spector Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Spector Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Spector Family Foundation
Spector Family Foundation (EIN: 206350166) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code T21. The organization reported total revenue of $422K and total assets of $487K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Spector Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Spector Family 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 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $17K |
| Surplus / Deficit | +$650 |
| Total Assets | $152K |
| Total Liabilities | $1 |
| Net Assets | $152K |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 107.9 months |
Financial Health Grade: A
In 2023, Spector Family Foundation reported a surplus of $650 with revenue exceeding expenses, holds 107.9 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), Spector Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | -12.2% | +0.4% |
| 2022 | +4.9% | +54.2% | -1.4% |
| 2021 | +2.1% | -23.2% | +2.5% |
| 2020 | -5.4% | -7.7% | -0.2% |
| 2019 | +24.1% | +16.3% | +1.0% |
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 Spector Family Foundation with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Spector Family 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $650, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Spector Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly favorable for directing resources towards its mission.
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 Spector Family Foundation's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes full spending efficiency assessment difficult.
- Significant, unexplained jump in revenue and assets in the latest period compared to historical trends.
Strengths
The following positive indicators were identified for Spector Family Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
- Stable financial history with low liabilities, suggesting good financial management.
- Long operational history with 10 filings, indicating sustained commitment.
Frequently Asked Questions about Spector Family Foundation
Is Spector Family Foundation a legitimate charity?
Spector Family Foundation (EIN: 206350166) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $422K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Spector Family Foundation spend its money?
Spector Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Spector Family Foundation tax-deductible?
Spector Family Foundation is registered as a tax-exempt nonprofit (EIN: 206350166). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Spector Family Foundation's spending goes to programs?
Spector Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Spector Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Spector Family Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Spector Family Foundation located?
Spector Family Foundation is headquartered in Scottsdale, Arizona and files with the IRS under EIN 206350166. It is classified under NTEE code T21.
How many years of IRS 990 filings does Spector Family Foundation have?
Spector 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 $422K in total revenue.
What caused the significant increase in revenue to $422,338 and assets to $487,298 in the latest period, compared to historical averages of around $17,000 revenue and $150,000 assets?
The IRS 990 filings would need to be reviewed for the latest period to identify the specific source of this substantial increase, such as a large donation, investment gains, or a change in operational activities.
How much of the foundation's expenses are directly allocated to program services?
Without detailed expense breakdowns from the 990 filings, it is not possible to determine the exact percentage of expenses dedicated to program services. This information is crucial for assessing spending efficiency.
What are the specific programs or grants supported by the Spector Family Foundation?
The NTEE code T21 indicates 'Private Grantmaking Foundations', but the filings do not provide details on specific beneficiaries or program areas. Further review of the 990-PF (for private foundations) would be necessary to identify grant recipients.
Filing History
IRS 990 filing history for Spector Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Spector Family Foundation's revenue has grown by 78.6%, moving from $10K to $18K. Total assets increased by 6.1% over the same period, from $143K to $152K. Total functional expenses rose by 71.6%, from $10K to $17K. In its most recent filing year (2023), Spector Family Foundation reported a surplus of $650, with revenue exceeding expenses. The organization holds $1 in liabilities against $152K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $152K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $17K | $152K | $1 | — | View 990 |
| 2022 | $17K | $19K | $151K | $1 | — | View 990 |
| 2021 | $16K | $12K | $153K | $1 | — | — |
| 2020 | $16K | $16K | $150K | $1 | — | — |
| 2019 | $17K | $18K | $150K | $1 | — | View 990 |
| 2015 | $14K | $15K | $149K | $809 | — | View 990 |
| 2014 | $19K | $15K | $149K | $0 | — | View 990 |
| 2013 | $17K | $14K | $146K | $162 | — | View 990 |
| 2012 | $12K | $12K | $143K | $0 | — | View 990 |
| 2011 | $10K | $10K | $143K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $17K, and assets of $152K (revenue +3.0% year-over-year).
- 2022: Revenue of $17K, expenses of $19K, and assets of $151K (revenue +4.9% year-over-year).
- 2021: Revenue of $16K, expenses of $12K, and assets of $153K (revenue +2.1% year-over-year).
- 2020: Revenue of $16K, expenses of $16K, and assets of $150K (revenue -5.4% year-over-year).
- 2019: Revenue of $17K, expenses of $18K, and assets of $150K (revenue +24.1% year-over-year).
- 2015: Revenue of $14K, expenses of $15K, and assets of $149K (revenue -27.9% year-over-year).
- 2014: Revenue of $19K, expenses of $15K, and assets of $149K (revenue +11.4% year-over-year).
- 2013: Revenue of $17K, expenses of $14K, and assets of $146K (revenue +41.0% year-over-year).
- 2012: Revenue of $12K, expenses of $12K, and assets of $143K (revenue +21.9% year-over-year).
- 2011: Revenue of $10K, expenses of $10K, and assets of $143K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Spector Family Foundation:
Data Sources and Methodology
This transparency report for Spector 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.