Stephen F Quill Family Foundation
Stephen F Quill Family Foundation consistently reports 0% officer compensation amidst fluctuating revenues and expenses.
EIN: 201799716 · North Andover, MA · NTEE: T22 · Updated: 2026-03-28
Is Stephen F Quill Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stephen F Quill Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stephen F Quill Family Foundation
Stephen F Quill Family Foundation (EIN: 201799716) is a nonprofit organization based in North Andover, MA, classified under NTEE code T22. The organization reported total revenue of $5.7M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stephen F Quill Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Stephen F Quill 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, Stephen F Quill 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are not drawing salaries from the foundation's funds, which is a strong positive for resource allocation.
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 Stephen F Quill Family Foundation's IRS 990 filings:
- Expenses frequently exceed revenue, indicating reliance on asset drawdowns or inconsistent funding.
- Significant year-over-year fluctuations in revenue and expenses, suggesting potential instability in funding or grantmaking.
Strengths
The following positive indicators were identified for Stephen F Quill Family Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
- Minimal liabilities ($1 across all filings), demonstrating strong financial solvency regarding debt.
- Consistent 990 filings, indicating good transparency and compliance with IRS regulations.
Frequently Asked Questions about Stephen F Quill Family Foundation
Is Stephen F Quill Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Stephen F Quill Family Foundation (EIN: 201799716) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Stephen F Quill Family Foundation spend its money?
Stephen F Quill Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stephen F Quill Family Foundation tax-deductible?
Stephen F Quill Family Foundation is registered as a tax-exempt nonprofit (EIN: 201799716). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary source of the foundation's revenue, given its significant fluctuations?
The provided data does not specify the revenue sources, but for a private foundation, it typically includes investment income, contributions from the founding family, or other related entities. The large swings suggest reliance on market performance or irregular contributions.
How does the foundation manage to operate with 0% officer compensation?
This suggests that the foundation's officers are likely volunteers, or their compensation is covered by an external entity, or the foundation has minimal operational needs that do not require paid executive staff.
What is the foundation's grantmaking strategy, given its varying annual expenses?
The varying expenses, which often exceed revenue, suggest that the foundation may be drawing from its asset base for grantmaking or that its grantmaking is opportunistic rather than based on a fixed annual budget. A detailed list of grants would clarify its strategy.
Filing History
IRS 990 filing history for Stephen F Quill Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stephen F Quill Family Foundation's revenue has declined by 99.3%, moving from $210K to $2K. Total assets decreased by 10.4% over the same period, from $530K to $475K. Total functional expenses fell by 95.6%, from $91K to $4K. In its most recent filing year (2023), Stephen F Quill Family Foundation reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $475K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $475K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $4K | $475K | $1 | — | View 990 |
| 2022 | $138K | $4K | $477K | $1 | — | View 990 |
| 2021 | $119K | $31K | $340K | $1 | — | View 990 |
| 2020 | $9K | $55K | $256K | $1 | — | — |
| 2019 | $29K | $91K | $301K | $1 | — | View 990 |
| 2015 | $139K | $124K | $566K | $1 | — | View 990 |
| 2014 | $120K | $156K | $543K | $1 | — | View 990 |
| 2013 | $210K | $150K | $580K | $1 | — | View 990 |
| 2012 | $117K | $127K | $519K | $1 | — | View 990 |
| 2011 | $210K | $91K | $530K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $4K, and assets of $475K (revenue -98.9% year-over-year).
- 2022: Revenue of $138K, expenses of $4K, and assets of $477K (revenue +16.5% year-over-year).
- 2021: Revenue of $119K, expenses of $31K, and assets of $340K (revenue +1203.5% year-over-year).
- 2020: Revenue of $9K, expenses of $55K, and assets of $256K (revenue -68.7% year-over-year).
- 2019: Revenue of $29K, expenses of $91K, and assets of $301K (revenue -79.1% year-over-year).
- 2015: Revenue of $139K, expenses of $124K, and assets of $566K (revenue +16.4% year-over-year).
- 2014: Revenue of $120K, expenses of $156K, and assets of $543K (revenue -43.1% year-over-year).
- 2013: Revenue of $210K, expenses of $150K, and assets of $580K (revenue +79.8% year-over-year).
- 2012: Revenue of $117K, expenses of $127K, and assets of $519K (revenue -44.4% year-over-year).
- 2011: Revenue of $210K, expenses of $91K, and assets of $530K.
Data Sources and Methodology
This transparency report for Stephen F Quill 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.