The Benvenuti Family Foundation
Benvenuti Family Foundation maintains strong assets and zero officer compensation amidst fluctuating annual revenues.
EIN: 205791798 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $804K |
| Total Expenses | $86K |
| Program Spending | 90% |
| Net Assets | $985K |
| Transparency Score | 90/100 |
Is The Benvenuti Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Benvenuti Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Benvenuti Family Foundation
The Benvenuti Family Foundation (EIN: 205791798) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $804K and total assets of $954K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Benvenuti Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Benvenuti Family Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $86K |
| Surplus / Deficit | $-17,926 |
| Total Assets | $985K |
| Total Liabilities | $1 |
| Net Assets | $985K |
| Operating Margin | -26.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 137.1 months |
Financial Health Grade: B
In 2023, The Benvenuti Family Foundation reported a deficit of $18K with expenses exceeding revenue, holds 137.1 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), The Benvenuti Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 21.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | +32.0% | -7.8% |
| 2021 | +5064.3% | +27.1% | +111.0% |
| 2020 | -94.1% | +26.0% | -6.9% |
| 2019 | +1.4% | +53.2% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 The Benvenuti Family Foundation with a Mission Score of 90 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, The Benvenuti 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 $18K, 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 salaries are paid to officers, which is highly favorable for directing funds towards the foundation's mission.
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 The Benvenuti Family Foundation's IRS 990 filings:
- Fluctuating and sometimes negative annual revenue, which could indicate reliance on investment performance or inconsistent funding sources.
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess program spending efficiency beyond the absence of officer compensation.
Strengths
The following positive indicators were identified for The Benvenuti Family Foundation:
- Consistent zero officer compensation across all filings, indicating high efficiency and dedication to mission.
- Strong and growing asset base, increasing from $232,974 in 2011 to $953,909 currently.
- Minimal liabilities ($1 reported consistently), indicating strong financial health and low risk.
- Low overall expenses relative to assets, suggesting conservative financial management.
Frequently Asked Questions about The Benvenuti Family Foundation
Is The Benvenuti Family Foundation a legitimate charity?
The Benvenuti Family Foundation (EIN: 205791798) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $804K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does The Benvenuti Family Foundation spend its money?
The Benvenuti Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Benvenuti Family Foundation tax-deductible?
The Benvenuti Family Foundation is registered as a tax-exempt nonprofit (EIN: 205791798). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Benvenuti Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Benvenuti 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 The Benvenuti Family Foundation located?
The Benvenuti Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 205791798. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Benvenuti Family Foundation have?
The Benvenuti 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 $804K in total revenue.
Is The Benvenuti Family Foundation a good charity?
Based on the available data, The Benvenuti Family Foundation appears to be a well-managed private foundation. It maintains a strong asset base, consistently reports minimal liabilities, and most notably, pays no officer compensation, which means all operational expenses are non-salary related or covered by volunteers. This suggests a high dedication to its mission and efficient use of funds.
How does the foundation manage its expenses?
The foundation consistently reports relatively low expenses compared to its assets and revenue, with expenses ranging from $26,060 to $86,157 in recent years. The absence of officer compensation indicates that administrative costs are kept very low, likely covering operational necessities and grant-making overhead.
What is the trend in the foundation's assets?
The foundation's assets have shown significant growth over time, increasing from $232,974 in 2011 to $953,909 currently, with a peak of $1,087,137 in 2021. This indicates effective asset management and growth, providing a solid base for its philanthropic activities.
Why is there negative revenue reported in 2022?
Negative revenue, such as the $-202 reported in 2022, can occur in private foundations due to investment losses, returns of grants, or adjustments that result in a net outflow or reduction in income for that specific period. It's not necessarily a red flag but warrants further investigation into the specific financial activities of that year.
How transparent is The Benvenuti Family Foundation?
The foundation files its IRS Form 990, which is publicly accessible. The consistent reporting of zero officer compensation and minimal liabilities contributes to a perception of transparency regarding its financial structure and operational costs. However, without detailed program expense breakdowns, the specific impact of its grants isn't fully visible from this data alone.
Filing History
IRS 990 filing history for The Benvenuti Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Benvenuti Family Foundation's revenue has grown by 931.9%, moving from $7K to $68K. Total assets increased by 322.6% over the same period, from $233K to $985K. Total functional expenses rose by 106.9%, from $42K to $86K. In its most recent filing year (2023), The Benvenuti Family Foundation reported a deficit of $18K, with expenses exceeding revenue. The organization holds $1 in liabilities against $985K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $985K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $86K | $985K | $1 | — | View 990 |
| 2022 | $-202 | $84K | $1.0M | $1 | — | View 990 |
| 2021 | $636K | $64K | $1.1M | $1 | — | — |
| 2020 | $12K | $50K | $515K | $1 | — | — |
| 2019 | $210K | $40K | $553K | $1 | — | View 990 |
| 2015 | $207K | $26K | $527K | $1 | — | View 990 |
| 2014 | $70K | $74K | $346K | $1 | — | View 990 |
| 2013 | $91K | $58K | $350K | $1 | — | View 990 |
| 2012 | $141K | $57K | $317K | $1 | — | View 990 |
| 2011 | $7K | $42K | $233K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $86K, and assets of $985K.
- 2022: Revenue of $-202, expenses of $84K, and assets of $1.0M (revenue -100.0% year-over-year).
- 2021: Revenue of $636K, expenses of $64K, and assets of $1.1M (revenue +5064.3% year-over-year).
- 2020: Revenue of $12K, expenses of $50K, and assets of $515K (revenue -94.1% year-over-year).
- 2019: Revenue of $210K, expenses of $40K, and assets of $553K (revenue +1.4% year-over-year).
- 2015: Revenue of $207K, expenses of $26K, and assets of $527K (revenue +196.7% year-over-year).
- 2014: Revenue of $70K, expenses of $74K, and assets of $346K (revenue -23.0% year-over-year).
- 2013: Revenue of $91K, expenses of $58K, and assets of $350K (revenue -35.6% year-over-year).
- 2012: Revenue of $141K, expenses of $57K, and assets of $317K (revenue +2033.0% year-over-year).
- 2011: Revenue of $7K, expenses of $42K, and assets of $233K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Benvenuti Family Foundation:
Data Sources and Methodology
This transparency report for The Benvenuti 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.