The Charitable Foundation Of The
The Charitable Foundation Of The experiences significant revenue growth and asset accumulation in its latest fiscal period.
EIN: 202217504 · Atlanta, GA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $422K |
| Total Expenses | $264K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is The Charitable Foundation Of The Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Charitable Foundation Of The directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Charitable Foundation Of The
The Charitable Foundation Of The (EIN: 202217504) is a nonprofit organization based in Atlanta, GA, classified under NTEE code T30. The organization reported total revenue of $422K and total assets of $5.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Charitable Foundation Of The's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Charitable Foundation Of The is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 42.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $264K |
| Surplus / Deficit | +$1.4M |
| Total Assets | $1.6M |
| Net Assets | $1.6M |
| Operating Margin | 83.7% |
| Months of Reserves | 74.6 months |
Financial Health Grade: A
In 2023, The Charitable Foundation Of The reported a surplus of $1.4M with revenue exceeding expenses, holds 74.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), The Charitable Foundation Of The's revenue has grown at a compound annual growth rate (CAGR) of 42.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +513.6% | +35.1% | +397.8% |
| 2022 | +24.5% | -53.7% | +49.8% |
| 2021 | -34.1% | +1215.1% | -52.3% |
| 2020 | +14.4% | -87.8% | +181.0% |
| 2019 | -0.9% | +20.3% | +12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Charitable Foundation Of The 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: 85%
- fundraising: 5%
According to IRS 990 filings, The Charitable Foundation Of The allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $1.4M, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly favorable for a nonprofit of its size with assets exceeding $5 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 The Charitable Foundation Of The's IRS 990 filings:
- Highly volatile revenue and expense history, making long-term financial planning assessment difficult.
- Lack of detailed expense breakdown in provided data prevents precise efficiency analysis.
Strengths
The following positive indicators were identified for The Charitable Foundation Of The:
- Significant asset growth to $1,644,156 in the latest period (202306).
- Consistently reports 0% officer compensation, indicating strong commitment to mission-focused spending.
- Zero liabilities reported in the most recent filing (202306), demonstrating strong financial health.
- Substantial positive net income in the latest fiscal year ($1,619,887 revenue vs. $264,481 expenses).
Frequently Asked Questions about The Charitable Foundation Of The
Is The Charitable Foundation Of The a legitimate charity?
The Charitable Foundation Of The (EIN: 202217504) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $422K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does The Charitable Foundation Of The spend its money?
The Charitable Foundation Of The directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Charitable Foundation Of The tax-deductible?
The Charitable Foundation Of The is registered as a tax-exempt nonprofit (EIN: 202217504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Charitable Foundation Of The CEO make?
The Charitable Foundation Of The's highest-compensated officer earns $5 annually. The organization reported $422K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Charitable Foundation Of The's spending goes to programs?
The Charitable Foundation Of The directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Charitable Foundation Of The compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Charitable Foundation Of The is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Charitable Foundation Of The located?
The Charitable Foundation Of The is headquartered in Atlanta, Georgia and files with the IRS under EIN 202217504. It is classified under NTEE code T30.
How many years of IRS 990 filings does The Charitable Foundation Of The have?
The Charitable Foundation Of The has 13 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 $422K in total revenue.
Is The Charitable Foundation Of The financially stable?
Yes, the organization appears financially stable, especially given its latest filing (202306) showing revenue of $1,619,887 significantly exceeding expenses of $264,481, and substantial assets of $1,644,156 with zero liabilities. This represents a strong financial position.
How has the organization's revenue trended over time?
The organization's revenue has shown extreme volatility, ranging from a low of $8,315 in 201506 to a high of $1,619,887 in 202306. This indicates an inconsistent funding stream or a significant scaling up of operations in recent years.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation across all available filings, indicating a commitment to directing all funds towards its mission rather than executive salaries.
Are there any concerns about the organization's liabilities?
No, the organization has reported zero liabilities in its most recent filing (202306) and in 202106, which is a strong indicator of financial health and responsible management of its obligations.
Filing History
IRS 990 filing history for The Charitable Foundation Of The showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Charitable Foundation Of The's revenue has grown by 6625.7%, moving from $24K to $1.6M. Total assets increased by 3329% over the same period, from $48K to $1.6M. Total functional expenses rose by 1379.3%, from $18K to $264K. In its most recent filing year (2023), The Charitable Foundation Of The reported a surplus of $1.4M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $264K | $1.6M | $0 | — | View 990 |
| 2022 | $264K | $196K | $330K | $42K | — | View 990 |
| 2021 | $212K | $422K | $220K | $0 | — | — |
| 2020 | $322K | $32K | $462K | $31K | — | View 990 |
| 2019 | $281K | $262K | $164K | $54K | — | View 990 |
| 2018 | $284K | $218K | $146K | $54K | — | View 990 |
| 2017 | $199K | $159K | $289K | $263K | — | View 990 |
| 2016 | $10K | $11K | $61K | $26K | — | View 990 |
| 2015 | $8K | $9K | $65K | $29K | — | View 990 |
| 2014 | $13K | $12K | $36K | $0 | — | View 990 |
| 2013 | $14K | $30K | $62K | $26K | — | View 990 |
| 2012 | $51K | $47K | $52K | $0 | — | View 990 |
| 2011 | $24K | $18K | $48K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $264K, and assets of $1.6M (revenue +513.6% year-over-year).
- 2022: Revenue of $264K, expenses of $196K, and assets of $330K (revenue +24.5% year-over-year).
- 2021: Revenue of $212K, expenses of $422K, and assets of $220K (revenue -34.1% year-over-year).
- 2020: Revenue of $322K, expenses of $32K, and assets of $462K (revenue +14.4% year-over-year).
- 2019: Revenue of $281K, expenses of $262K, and assets of $164K (revenue -0.9% year-over-year).
- 2018: Revenue of $284K, expenses of $218K, and assets of $146K (revenue +42.5% year-over-year).
- 2017: Revenue of $199K, expenses of $159K, and assets of $289K (revenue +1890.9% year-over-year).
- 2016: Revenue of $10K, expenses of $11K, and assets of $61K (revenue +20.3% year-over-year).
- 2015: Revenue of $8K, expenses of $9K, and assets of $65K (revenue -36.8% year-over-year).
- 2014: Revenue of $13K, expenses of $12K, and assets of $36K (revenue -4.0% year-over-year).
- 2013: Revenue of $14K, expenses of $30K, and assets of $62K (revenue -73.4% year-over-year).
- 2012: Revenue of $51K, expenses of $47K, and assets of $52K (revenue +113.6% year-over-year).
- 2011: Revenue of $24K, expenses of $18K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Charitable Foundation Of The:
Data Sources and Methodology
This transparency report for The Charitable Foundation Of The 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.