Stanard Family Foundation
Stanard Family Foundation consistently spends down assets with zero officer compensation.
EIN: 134316669 · Cleveland, OH · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| Net Assets | $3.2M |
| Transparency Score | 85/100 |
Is Stanard Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stanard Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stanard Family Foundation
Stanard Family Foundation (EIN: 134316669) is a nonprofit organization based in Cleveland, OH, classified under NTEE code T20. The organization reported total revenue of $5.4M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stanard Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stanard 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). Revenue has grown at a compound annual rate of -9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $173K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-948,313 |
| Total Assets | $3.6M |
| Total Liabilities | $350K |
| Net Assets | $3.2M |
| Operating Margin | -547.3% |
| Debt-to-Asset Ratio | 9.8% |
| Months of Reserves | 38.3 months |
Financial Health Grade: B
In 2023, Stanard Family Foundation reported a deficit of $948K with expenses exceeding revenue, holds 38.3 months of operating reserves (strong position), has a debt-to-asset ratio of 9.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Stanard Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +276.2% | -5.0% | -14.3% |
| 2022 | -66.4% | -52.3% | -21.3% |
| 2021 | -89.9% | +223.6% | -30.9% |
| 2020 | -39.4% | +20.3% | -0.4% |
| 2019 | +10816.7% | -30.0% | +133.8% |
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 Stanard 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, Stanard 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:
- The organization reported a deficit of $948K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.8%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly efficient for a foundation of 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 Stanard Family Foundation's IRS 990 filings:
- Consistent negative net income (expenses exceeding revenue) in recent years, indicating reliance on asset depletion.
- Significant decline in assets over the past few years, from $7.7 million in 2019 to $3.5 million in 2023.
Strengths
The following positive indicators were identified for Stanard Family Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency in directing funds to mission.
- Very low liabilities, often $1, suggesting strong financial management and minimal debt.
- Consistent grantmaking activity, as evidenced by high expenses relative to revenue, fulfilling its purpose as a foundation.
Frequently Asked Questions about Stanard Family Foundation
Is Stanard Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Stanard Family Foundation (EIN: 134316669) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Stanard Family Foundation spend its money?
Stanard Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stanard Family Foundation tax-deductible?
Stanard Family Foundation is registered as a tax-exempt nonprofit (EIN: 134316669). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Stanard Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Stanard 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 Stanard Family Foundation located?
Stanard Family Foundation is headquartered in Cleveland, Ohio and files with the IRS under EIN 134316669. It is classified under NTEE code T20.
How many years of IRS 990 filings does Stanard Family Foundation have?
Stanard 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 $5.4M in total revenue.
Is Stanard Family Foundation a good charity?
Based on the available data, the Stanard Family Foundation demonstrates strong financial efficiency by reporting 0% officer compensation and consistently spending down its assets to fulfill its mission. While specific program impact data is not provided, the financial structure suggests a dedicated focus on grantmaking.
Why are expenses consistently higher than revenue?
As a family foundation, it is common for the organization to operate by distributing grants from its endowment (assets) rather than relying solely on annual fundraising. The consistent decline in assets from $7.7 million in 2019 to $3.5 million in 2023, alongside high expenses, indicates this strategy of spending down capital.
What is the trend in the foundation's assets?
The foundation's assets have generally declined over the past decade, from $6,140,176 in 2011 to $3,584,180 in 2023, with a peak of $7,728,508 in 2019. This trend is consistent with a foundation that is actively disbursing its funds.
Filing History
IRS 990 filing history for Stanard Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stanard Family Foundation's revenue has declined by 69.8%, moving from $573K to $173K. Total assets decreased by 41.6% over the same period, from $6.1M to $3.6M. Total functional expenses fell by 11.3%, from $1.3M to $1.1M. In its most recent filing year (2023), Stanard Family Foundation reported a deficit of $948K, with expenses exceeding revenue. The organization holds $350K in liabilities against $3.6M in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $173K | $1.1M | $3.6M | $350K | — | View 990 |
| 2022 | $46K | $1.2M | $4.2M | $1 | — | View 990 |
| 2021 | $137K | $2.5M | $5.3M | $1 | — | — |
| 2020 | $1.4M | $764K | $7.7M | $1 | — | — |
| 2019 | $2.2M | $635K | $7.7M | $1 | — | View 990 |
| 2015 | $21K | $907K | $3.3M | $1 | — | View 990 |
| 2014 | $121K | $1.5M | $4.2M | $1 | — | View 990 |
| 2013 | $-53,179 | $250K | $5.5M | $1 | — | View 990 |
| 2012 | $-56,493 | $309K | $5.8M | $1 | — | View 990 |
| 2011 | $573K | $1.3M | $6.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $173K, expenses of $1.1M, and assets of $3.6M (revenue +276.2% year-over-year).
- 2022: Revenue of $46K, expenses of $1.2M, and assets of $4.2M (revenue -66.4% year-over-year).
- 2021: Revenue of $137K, expenses of $2.5M, and assets of $5.3M (revenue -89.9% year-over-year).
- 2020: Revenue of $1.4M, expenses of $764K, and assets of $7.7M (revenue -39.4% year-over-year).
- 2019: Revenue of $2.2M, expenses of $635K, and assets of $7.7M (revenue +10816.7% year-over-year).
- 2015: Revenue of $21K, expenses of $907K, and assets of $3.3M (revenue -83.1% year-over-year).
- 2014: Revenue of $121K, expenses of $1.5M, and assets of $4.2M.
- 2013: Revenue of $-53,179, expenses of $250K, and assets of $5.5M.
- 2012: Revenue of $-56,493, expenses of $309K, and assets of $5.8M (revenue -109.9% year-over-year).
- 2011: Revenue of $573K, expenses of $1.3M, and assets of $6.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stanard Family Foundation:
Data Sources and Methodology
This transparency report for Stanard 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.