Swanson Family Foundation
Swanson Family Foundation maintains stable assets with consistent grantmaking and zero reported officer compensation.
EIN: 134358130 · Franklin, TN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $125K |
| Total Expenses | $77K |
| Program Spending | 90% |
| Net Assets | $891K |
| Transparency Score | 85/100 |
Is Swanson Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Swanson Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Swanson Family Foundation
Swanson Family Foundation (EIN: 134358130) is a nonprofit organization based in Franklin, TN, classified under NTEE code T20. The organization reported total revenue of $125K and total assets of $875K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Swanson Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Swanson Family Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $77K |
| Surplus / Deficit | $-21,824 |
| Total Assets | $891K |
| Total Liabilities | $1 |
| Net Assets | $891K |
| Operating Margin | -39.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 139.2 months |
Financial Health Grade: B
In 2023, Swanson Family Foundation reported a deficit of $22K with expenses exceeding revenue, holds 139.2 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), Swanson Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.4% | -8.3% | -2.3% |
| 2022 | +10.4% | +12.7% | -2.3% |
| 2021 | -46.6% | +3.0% | -1.9% |
| 2020 | -30.3% | +0.2% | +3.5% |
| 2019 | +231.4% | +14.2% | +11.3% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Swanson 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, Swanson 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 $22K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Swanson Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer or compensated through mechanisms not classified as officer compensation on the 990, which is highly favorable 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.
Strengths
The following positive indicators were identified for Swanson Family Foundation:
- Consistent zero reported officer compensation across all filings.
- Stable asset base, consistently above $800,000 over the past decade.
- Extremely low to zero liabilities, indicating strong financial health.
- Clear focus on grantmaking as a private foundation (NTEE T20).
Frequently Asked Questions about Swanson Family Foundation
Is Swanson Family Foundation a legitimate charity?
Swanson Family Foundation (EIN: 134358130) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $125K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Swanson Family Foundation spend its money?
Swanson Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Swanson Family Foundation tax-deductible?
Swanson Family Foundation is registered as a tax-exempt nonprofit (EIN: 134358130). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Swanson Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Swanson 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 Swanson Family Foundation located?
Swanson Family Foundation is headquartered in Franklin, Tennessee and files with the IRS under EIN 134358130. It is classified under NTEE code T20.
How many years of IRS 990 filings does Swanson Family Foundation have?
Swanson 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 $125K in total revenue.
Is the Swanson Family Foundation financially stable?
Yes, the foundation appears financially stable. Its assets have consistently been in the range of $800,000 to $950,000 over the past decade, currently at $874,631, and it consistently reports minimal to no liabilities.
Does the Swanson Family Foundation pay its officers?
No, the IRS 990 filings for the Swanson Family Foundation consistently report 0% officer compensation, suggesting that its leadership is not compensated through this means.
How does the foundation manage periods where expenses exceed revenue?
As a private foundation, it's common for expenses (primarily grants) to exceed annual revenue, drawing from its endowment. For example, in 2023, expenses were $76,864 against $55,040 in revenue. The foundation's stable asset base indicates it can sustain these distributions.
Filing History
IRS 990 filing history for Swanson Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Swanson Family Foundation's revenue has declined by 4.6%, moving from $58K to $55K. Total assets increased by 5.6% over the same period, from $844K to $891K. Total functional expenses rose by 33.7%, from $57K to $77K. In its most recent filing year (2023), Swanson Family Foundation reported a deficit of $22K, with expenses exceeding revenue. The organization holds $1 in liabilities against $891K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $891K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $77K | $891K | $1 | — | — |
| 2022 | $61K | $84K | $913K | $1 | — | — |
| 2021 | $56K | $74K | $935K | $1 | — | — |
| 2020 | $104K | $72K | $953K | $1 | — | — |
| 2019 | $149K | $72K | $920K | $0 | — | View 990 |
| 2015 | $45K | $63K | $827K | $0 | — | View 990 |
| 2014 | $65K | $58K | $845K | $0 | — | View 990 |
| 2013 | $62K | $54K | $838K | $0 | — | View 990 |
| 2012 | $40K | $54K | $830K | $0 | — | View 990 |
| 2011 | $58K | $57K | $844K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $77K, and assets of $891K (revenue -10.4% year-over-year).
- 2022: Revenue of $61K, expenses of $84K, and assets of $913K (revenue +10.4% year-over-year).
- 2021: Revenue of $56K, expenses of $74K, and assets of $935K (revenue -46.6% year-over-year).
- 2020: Revenue of $104K, expenses of $72K, and assets of $953K (revenue -30.3% year-over-year).
- 2019: Revenue of $149K, expenses of $72K, and assets of $920K (revenue +231.4% year-over-year).
- 2015: Revenue of $45K, expenses of $63K, and assets of $827K (revenue -30.1% year-over-year).
- 2014: Revenue of $65K, expenses of $58K, and assets of $845K (revenue +3.7% year-over-year).
- 2013: Revenue of $62K, expenses of $54K, and assets of $838K (revenue +56.1% year-over-year).
- 2012: Revenue of $40K, expenses of $54K, and assets of $830K (revenue -30.9% year-over-year).
- 2011: Revenue of $58K, expenses of $57K, and assets of $844K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Swanson Family Foundation:
Data Sources and Methodology
This transparency report for Swanson 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.