Stevens Family Foundation
Stevens Family Foundation consistently spends more than it earns, relying on its $3.7 million asset base.
EIN: 201998989 · Medina, WA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $329K |
| Total Expenses | $233K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $3.7 |
| Net Assets | $3.7M |
| Transparency Score | 75/100 |
Is Stevens Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stevens Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stevens Family Foundation
Stevens Family Foundation (EIN: 201998989) is a nonprofit organization based in Medina, WA, classified under NTEE code T20. The organization reported total revenue of $329K and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stevens Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stevens Family Foundation is a small 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 -1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $148K |
| Total Expenses | $233K |
| Surplus / Deficit | $-84,548 |
| Total Assets | $3.7M |
| Total Liabilities | $1 |
| Net Assets | $3.7M |
| Operating Margin | -57.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 190.5 months |
Financial Health Grade: B
In 2023, Stevens Family Foundation reported a deficit of $85K with expenses exceeding revenue, holds 190.5 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), Stevens Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.0% | +12.3% | -2.3% |
| 2022 | -72.2% | -15.3% | -2.0% |
| 2020 | -108.1% | -9.6% | -5.6% |
| 2019 | +23.2% | -12.0% | -1.6% |
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 Stevens 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Stevens Family Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. 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 deficit of $85K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation. This is a positive indicator of low administrative overhead, especially for an organization with assets exceeding $3.7 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 Stevens Family Foundation's IRS 990 filings:
- Consistent deficit spending: Expenses frequently exceed revenue, as seen in 2023 ($232,665 expenses vs. $148,117 revenue) and 2022 ($207,098 expenses vs. $142,416 revenue).
- Declining asset base over the long term: Assets have decreased from $4,168,437 in 2011 to $3,693,956 in 2023, suggesting a gradual depletion.
Strengths
The following positive indicators were identified for Stevens Family Foundation:
- Zero executive compensation: Officer compensation is consistently 0% across all filings, indicating efficient use of funds at the leadership level.
- Strong balance sheet with minimal liabilities: Liabilities are consistently reported as $1, demonstrating excellent financial stability regarding debt.
- High transparency: Consistent filing of IRS 990 forms over a long period (10 filings) indicates a commitment to public disclosure.
Frequently Asked Questions about Stevens Family Foundation
Is Stevens Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Stevens Family Foundation (EIN: 201998989) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Stevens Family Foundation spend its money?
Stevens Family Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stevens Family Foundation tax-deductible?
Stevens Family Foundation is registered as a tax-exempt nonprofit (EIN: 201998989). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Stevens Family Foundation CEO make?
Stevens Family Foundation's highest-compensated officer earns $3.7 annually. The organization reported $329K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Stevens Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Stevens 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 Stevens Family Foundation located?
Stevens Family Foundation is headquartered in Medina, Washington and files with the IRS under EIN 201998989. It is classified under NTEE code T20.
How many years of IRS 990 filings does Stevens Family Foundation have?
Stevens 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 $329K in total revenue.
How does the Stevens Family Foundation sustain its operations given that expenses frequently exceed revenue?
The foundation appears to sustain its operations by drawing from its substantial asset base, which was $3,693,956 in 2023. This is evident from the consistent trend of expenses being higher than revenue in most reported periods, such as $232,665 in expenses vs. $148,117 in revenue in 2023.
What is the specific breakdown of program spending versus administrative costs?
The provided data does not offer a detailed breakdown of program, administrative, or fundraising expenses. However, the consistent 0% officer compensation suggests administrative costs related to executive salaries are minimal.
What is the nature of the foundation's grantmaking activities (NTEE T20)?
The NTEE code T20 indicates the foundation is primarily involved in grantmaking. Without further details from the full 990 filings, the specific focus areas or beneficiaries of these grants cannot be determined from the provided summary.
Filing History
IRS 990 filing history for Stevens Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Stevens Family Foundation's revenue has declined by 12.3%, moving from $169K to $148K. Total assets decreased by 11.4% over the same period, from $4.2M to $3.7M. Total functional expenses fell by 7.7%, from $252K to $233K. In its most recent filing year (2023), Stevens Family Foundation reported a deficit of $85K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $148K | $233K | $3.7M | $1 | — | — |
| 2022 | $142K | $207K | $3.8M | $1 | — | View 990 |
| 2021 | $513K | $245K | $3.9M | $1 | — | — |
| 2020 | $-13,468 | $199K | $3.6M | $1 | — | — |
| 2019 | $166K | $220K | $3.8M | $1 | — | View 990 |
| 2015 | $135K | $250K | $3.9M | $1 | — | View 990 |
| 2014 | $189K | $273K | $4.0M | $1 | — | View 990 |
| 2013 | $169K | $263K | $4.1M | $1 | — | View 990 |
| 2012 | $240K | $254K | $4.2M | $1 | — | View 990 |
| 2011 | $169K | $252K | $4.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $148K, expenses of $233K, and assets of $3.7M (revenue +4.0% year-over-year).
- 2022: Revenue of $142K, expenses of $207K, and assets of $3.8M (revenue -72.2% year-over-year).
- 2021: Revenue of $513K, expenses of $245K, and assets of $3.9M.
- 2020: Revenue of $-13,468, expenses of $199K, and assets of $3.6M (revenue -108.1% year-over-year).
- 2019: Revenue of $166K, expenses of $220K, and assets of $3.8M (revenue +23.2% year-over-year).
- 2015: Revenue of $135K, expenses of $250K, and assets of $3.9M (revenue -28.6% year-over-year).
- 2014: Revenue of $189K, expenses of $273K, and assets of $4.0M (revenue +11.8% year-over-year).
- 2013: Revenue of $169K, expenses of $263K, and assets of $4.1M (revenue -29.7% year-over-year).
- 2012: Revenue of $240K, expenses of $254K, and assets of $4.2M (revenue +42.0% year-over-year).
- 2011: Revenue of $169K, expenses of $252K, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stevens Family Foundation:
Data Sources and Methodology
This transparency report for Stevens 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.