Stephens Family Foundation Inc

Stephens Family Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.

EIN: 204617210 · Shorewood, WI · NTEE: T22 · Updated: 2026-03-28

$3.0MRevenue

$9.8MAssets

85/100Mission Score (Excellent)

T22

About Stephens Family Foundation Inc

Stephens Family Foundation Inc (EIN: 204617210) is a nonprofit organization based in Shorewood, WI, classified under NTEE code T22. The organization reported total revenue of $3.0M and total assets of $9.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stephens Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Stephens Family Foundation Inc. demonstrates a consistent commitment to its mission, primarily through grantmaking, as evidenced by its NTEE code T22 (Private Grantmaking Foundations). The organization's financial health appears stable, with assets consistently in the multi-million dollar range, peaking at $11,872,892 in 2021 and currently standing at $9,835,282. Revenue has fluctuated significantly over the years, from a low of $4,917 in 2011 to a high of $2,151,264 in 2014, and $2,957,254 in its latest reported period, indicating reliance on varied funding sources or investment returns. 

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of zero officer compensation across all filings suggests a lean operational structure regarding executive pay. The foundation's liabilities have consistently been reported as $1, indicating a very strong balance sheet with virtually no debt. 

Transparency is generally good, with a consistent filing history of 10 IRS 990 forms. The absence of officer compensation is a positive indicator for donor confidence regarding executive pay. However, a more granular breakdown of expenses would further enhance transparency regarding how funds are allocated between direct program activities and overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Stephens Family Foundation Inc 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, Stephens Family Foundation Inc 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 filings, indicating that no officers receive salaries from the foundation, which is highly favorable for a foundation of its size with assets nearing $10 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.

Red Flags

The following concerns were identified during AI analysis of Stephens Family Foundation Inc's IRS 990 filings:

Significant year-over-year revenue fluctuations, making financial planning potentially challenging (e.g., $2,151,264 in 2014 vs. $57,709 in 2022).

Strengths

The following positive indicators were identified for Stephens Family Foundation Inc:

Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
Very strong balance sheet with consistently reported $1 in liabilities.
Substantial and stable asset base, currently at $9,835,282, providing long-term financial security.
Consistent IRS 990 filing history, demonstrating good transparency and compliance.

Frequently Asked Questions about Stephens Family Foundation Inc

What are the primary grantmaking areas of the Stephens Family Foundation?

The provided NTEE code T22 indicates 'Private Grantmaking Foundations,' but specific grantmaking areas are not detailed in the summary data. Further review of their full 990 forms would be needed to identify their specific philanthropic focus.

How does the foundation manage its investments given the fluctuating revenues?

While revenue fluctuates, the foundation's assets have remained robust, suggesting effective investment management or significant contributions. The detailed investment strategy would be found in the full 990 forms.

What is the reason for the consistent $1 liability reported across all filings?

A consistent $1 liability typically indicates a very strong financial position with virtually no outstanding debt or obligations, which is a positive sign of financial health and stability for the foundation.

Filing History

IRS 990 filing history for Stephens Family Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Stephens Family Foundation Inc's revenue has grown by 5821.8%, moving from $5K to $291K. Total assets increased by 225.5% over the same period, from $2.9M to $9.5M. Total functional expenses rose by 311.7%, from $141K to $580K. In its most recent filing year (2023), Stephens Family Foundation Inc reported a deficit of $289K, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$291K	$580K	$9.5M	$1	—	View 990
2022	$58K	$481K	$8.9M	$1	—	View 990
2021	$997K	$535K	$11.9M	$1	—	—
2020	$670K	$568K	$11.6M	$1	—	—
2019	$544K	$400K	$9.8M	$1	—	View 990
2015	$653K	$245K	$5.3M	$1	—	View 990
2014	$2.2M	$154K	$4.9M	$1	—	View 990
2013	$167K	$181K	$2.9M	$1	—	View 990
2012	$99K	$127K	$2.9M	$1	—	View 990
2011	$5K	$141K	$2.9M	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $291K, expenses of $580K, and assets of $9.5M (revenue +404.6% year-over-year).
2022: Revenue of $58K, expenses of $481K, and assets of $8.9M (revenue -94.2% year-over-year).
2021: Revenue of $997K, expenses of $535K, and assets of $11.9M (revenue +48.7% year-over-year).
2020: Revenue of $670K, expenses of $568K, and assets of $11.6M (revenue +23.3% year-over-year).
2019: Revenue of $544K, expenses of $400K, and assets of $9.8M (revenue -16.7% year-over-year).
2015: Revenue of $653K, expenses of $245K, and assets of $5.3M (revenue -69.7% year-over-year).
2014: Revenue of $2.2M, expenses of $154K, and assets of $4.9M (revenue +1188.8% year-over-year).
2013: Revenue of $167K, expenses of $181K, and assets of $2.9M (revenue +68.4% year-over-year).
2012: Revenue of $99K, expenses of $127K, and assets of $2.9M (revenue +1916.2% year-over-year).
2011: Revenue of $5K, expenses of $141K, and assets of $2.9M.

Data Sources and Methodology

This transparency report for Stephens Family Foundation Inc 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.