Stovall Family Foundation
EIN: 261196240 · Charleston, SC · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $48K |
| Total Expenses | $5K |
| Net Assets | $354K |
Is Stovall Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Stovall Family Foundation
Stovall Family Foundation (EIN: 261196240) is a nonprofit organization based in Charleston, SC, classified under NTEE code T20. The organization reported total revenue of $48K and total assets of $354K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stovall Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stovall Family Foundation is a micro nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $5K |
| Surplus / Deficit | +$29K |
| Total Assets | $354K |
| Total Liabilities | $1 |
| Net Assets | $354K |
| Operating Margin | 85.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 862.0 months |
Financial Health Grade: A
In 2022, Stovall Family Foundation reported a surplus of $29K with revenue exceeding expenses, holds 862.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Stovall Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +15.9% | -52.2% | +8.9% |
| 2021 | +73.8% | -33.5% | +6.1% |
| 2020 | -43.2% | -41.1% | +0.3% |
| 2019 | +48.9% | -31.5% | +6.4% |
| 2015 | -53.4% | +42.9% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Stovall Family Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Stovall Family Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Stovall Family Foundation
Is Stovall Family Foundation a legitimate charity?
Stovall Family Foundation (EIN: 261196240) is a registered tax-exempt nonprofit based in South Carolina. It has 9 years of IRS 990 filings on record. Total revenue: $48K. No red flags identified. Financial health grade: A.
How does Stovall Family Foundation spend its money?
Stovall Family Foundation reported $48K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Stovall Family Foundation tax-deductible?
Stovall Family Foundation is registered as a tax-exempt nonprofit (EIN: 261196240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Stovall Family Foundation located?
Stovall Family Foundation is headquartered in Charleston, South Carolina and files with the IRS under EIN 261196240. It is classified under NTEE code T20.
How many years of IRS 990 filings does Stovall Family Foundation have?
Stovall Family Foundation has 9 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 $48K in total revenue.
Filing History
IRS 990 filing history for Stovall Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Stovall Family Foundation's revenue has grown by 11.4%, moving from $30K to $34K. Total assets increased by 5.2% over the same period, from $337K to $354K. Total functional expenses fell by 90.6%, from $53K to $5K. In its most recent filing year (2022), Stovall Family Foundation reported a surplus of $29K, with revenue exceeding expenses. The organization holds $1 in liabilities against $354K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $354K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $34K | $5K | $354K | $1 | — | View 990 |
| 2021 | $29K | $10K | $325K | $1 | — | View 990 |
| 2020 | $17K | $16K | $307K | $1 | — | View 990 |
| 2019 | $30K | $26K | $306K | $1 | — | View 990 |
| 2015 | $20K | $38K | $287K | $1 | — | View 990 |
| 2014 | $43K | $27K | $306K | $1 | — | View 990 |
| 2013 | $16K | $35K | $290K | $1 | — | View 990 |
| 2012 | $43K | $72K | $309K | $1 | — | View 990 |
| 2011 | $30K | $53K | $337K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $34K, expenses of $5K, and assets of $354K (revenue +15.9% year-over-year).
- 2021: Revenue of $29K, expenses of $10K, and assets of $325K (revenue +73.8% year-over-year).
- 2020: Revenue of $17K, expenses of $16K, and assets of $307K (revenue -43.2% year-over-year).
- 2019: Revenue of $30K, expenses of $26K, and assets of $306K (revenue +48.9% year-over-year).
- 2015: Revenue of $20K, expenses of $38K, and assets of $287K (revenue -53.4% year-over-year).
- 2014: Revenue of $43K, expenses of $27K, and assets of $306K (revenue +159.3% year-over-year).
- 2013: Revenue of $16K, expenses of $35K, and assets of $290K (revenue -61.5% year-over-year).
- 2012: Revenue of $43K, expenses of $72K, and assets of $309K (revenue +40.7% year-over-year).
- 2011: Revenue of $30K, expenses of $53K, and assets of $337K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stovall Family Foundation:
Data Sources and Methodology
This transparency report for Stovall 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.