Tavener Family Foundation
Tavener Family Foundation reports significant deficit in latest filing despite healthy assets.
EIN: 206333319 · Keswick, VA · NTEE: B82 · Updated: 2026-03-28
Is Tavener Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tavener Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tavener Family Foundation
Tavener Family Foundation (EIN: 206333319) is a nonprofit organization based in Keswick, VA, classified under NTEE code B82. The organization reported total revenue of $121K and total assets of $595K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tavener Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tavener Family Foundation is a small nonprofit that has been operating for 3 years, with 3 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $151K |
| Surplus / Deficit | $-107,002 |
| Total Assets | $595K |
| Total Liabilities | $1 |
| Net Assets | $595K |
| Operating Margin | -245.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 47.4 months |
Financial Health Grade: B
In 2023, Tavener Family Foundation reported a deficit of $107K with expenses exceeding revenue, holds 47.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2011–2023), Tavener Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.4% | +242.8% | -17.7% |
| 2012 | -36.8% | +4.8% | +7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
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 Tavener 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Tavener Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $107K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no portion of the organization's funds is used for officer salaries, which is highly commendable 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.
Red Flags
The following concerns were identified during AI analysis of Tavener Family Foundation's IRS 990 filings:
- Significant deficit in the latest reporting period (202309: Expenses $150,524, Revenue $43,522)
- Declining revenue trend from $150,858 (201109) to $43,522 (202309)
Strengths
The following positive indicators were identified for Tavener Family Foundation:
- Consistent zero officer compensation across all filings
- Healthy asset base of $594,569
- Good filing history with three available IRS 990s
- Strong program focus implied by the nature of a family foundation
Frequently Asked Questions about Tavener Family Foundation
Is Tavener Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Tavener Family Foundation (EIN: 206333319) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Tavener Family Foundation spend its money?
Tavener Family Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tavener Family Foundation tax-deductible?
Tavener Family Foundation is registered as a tax-exempt nonprofit (EIN: 206333319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Tavener Family Foundation a good charity?
The Tavener Family Foundation demonstrates strong program focus and excellent transparency regarding executive compensation (0%). However, the significant deficit in the latest filing (202309: Expenses $150,524 vs. Revenue $43,522) raises questions about its long-term financial sustainability, despite a healthy asset base of $594,569.
What caused the large deficit in the 202309 period?
The provided data does not specify the exact cause of the $107,002 deficit in the 202309 period. It could be due to a large grant distribution, a decline in investment income, or increased operational costs. Further investigation into the detailed expense breakdown would be necessary.
Filing History
IRS 990 filing history for Tavener Family Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2023), Tavener Family Foundation's revenue has declined by 71.2%, moving from $151K to $44K. Total assets decreased by 11.4% over the same period, from $671K to $595K. Total functional expenses rose by 259.3%, from $42K to $151K. In its most recent filing year (2023), Tavener Family Foundation reported a deficit of $107K, with expenses exceeding revenue. The organization holds $1 in liabilities against $595K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $595K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $44K | $151K | $595K | $1 | — | View 990 |
| 2012 | $95K | $44K | $722K | $0 | — | — |
| 2011 | $151K | $42K | $671K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $44K, expenses of $151K, and assets of $595K (revenue -54.4% year-over-year).
- 2012: Revenue of $95K, expenses of $44K, and assets of $722K (revenue -36.8% year-over-year).
- 2011: Revenue of $151K, expenses of $42K, and assets of $671K.
Data Sources and Methodology
This transparency report for Tavener 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.