The David And Carol Van Andel Family Foundation
Van Andel Family Foundation maintains over $100M in assets with no reported officer compensation.
EIN: 202110420 · Grand Rapids, MI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.8M |
| Total Expenses | $7.0M |
| Program Spending | 90% |
| Net Assets | $109.8M |
| Transparency Score | 90/100 |
Is The David And Carol Van Andel Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The David And Carol Van Andel Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The David And Carol Van Andel Family Foundation
The David And Carol Van Andel Family Foundation (EIN: 202110420) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code T22. The organization reported total revenue of $18.8M and total assets of $111.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The David And Carol Van Andel Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The David And Carol Van Andel Family Foundation is a large nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $7.0M |
| Surplus / Deficit | $-3,045,640 |
| Total Assets | $109.9M |
| Total Liabilities | $34K |
| Net Assets | $109.8M |
| Operating Margin | -77.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 188.8 months |
Financial Health Grade: B
In 2023, The David And Carol Van Andel Family Foundation reported a deficit of $3.0M with expenses exceeding revenue, holds 188.8 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 David And Carol Van Andel Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.0% | +37.0% | +5.1% |
| 2022 | -50.9% | -13.3% | -8.6% |
| 2021 | +9.6% | -21.2% | +6.1% |
| 2020 | -49.1% | +27.9% | +0.9% |
| 2019 | +758.7% | +55.0% | +51.1% |
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 David And Carol Van Andel 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 David And Carol Van Andel 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 $3.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this size and asset base. This suggests either volunteer leadership or compensation is covered by an affiliated entity, enhancing the proportion of funds available for charitable activities.
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 The David And Carol Van Andel Family Foundation:
- Consistent asset growth, from $66.1M in 2011 to $109.8M in 2023.
- No reported officer compensation across all filings, maximizing funds for mission.
- Low liabilities, consistently under $40,000, indicating strong financial management.
- Robust asset base significantly exceeding annual expenses, ensuring long-term sustainability.
Frequently Asked Questions about The David And Carol Van Andel Family Foundation
Is The David And Carol Van Andel Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The David And Carol Van Andel Family Foundation (EIN: 202110420) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does The David And Carol Van Andel Family Foundation spend its money?
The David And Carol Van Andel Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The David And Carol Van Andel Family Foundation tax-deductible?
The David And Carol Van Andel Family Foundation is registered as a tax-exempt nonprofit (EIN: 202110420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The David And Carol Van Andel Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The David And Carol Van Andel Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The David And Carol Van Andel Family Foundation located?
The David And Carol Van Andel Family Foundation is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 202110420. It is classified under NTEE code T22.
How many years of IRS 990 filings does The David And Carol Van Andel Family Foundation have?
The David And Carol Van Andel 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 $18.8M in total revenue.
How does the foundation manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that executive leadership may be entirely volunteer-based, or their compensation is covered by an affiliated entity, allowing more funds to directly support the foundation's mission.
What is the primary focus of the foundation's grantmaking?
Based on the NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations), the foundation's primary focus is likely grantmaking to other charitable organizations, though specific beneficiaries are not detailed in this summary.
Has the foundation's financial health improved over the last decade?
Yes, the foundation's assets have grown significantly from $66.1 million in 2011 to $109.8 million in 2023, indicating substantial financial growth and stability over the last decade.
Filing History
IRS 990 filing history for The David And Carol Van Andel Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The David And Carol Van Andel Family Foundation's revenue has declined by 41.8%, moving from $6.8M to $3.9M. Total assets increased by 66.1% over the same period, from $66.1M to $109.9M. Total functional expenses rose by 177.8%, from $2.5M to $7.0M. In its most recent filing year (2023), The David And Carol Van Andel Family Foundation reported a deficit of $3.0M, with expenses exceeding revenue. The organization holds $34K in liabilities against $109.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $109.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $7.0M | $109.9M | $34K | — | View 990 |
| 2022 | $4.4M | $5.1M | $104.6M | $36K | — | View 990 |
| 2021 | $9.0M | $5.9M | $114.4M | $37K | — | View 990 |
| 2020 | $8.2M | $7.5M | $107.9M | $27K | — | View 990 |
| 2019 | $16.2M | $5.8M | $106.9M | $21K | — | View 990 |
| 2015 | $1.9M | $3.8M | $70.7M | $27K | — | View 990 |
| 2014 | $3.7M | $4.0M | $75.0M | $19K | — | View 990 |
| 2013 | $2.1M | $3.7M | $71.4M | $18K | — | View 990 |
| 2012 | $9.0M | $10.1M | $70.7M | $19K | — | View 990 |
| 2011 | $6.8M | $2.5M | $66.1M | $18K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $7.0M, and assets of $109.9M (revenue -11.0% year-over-year).
- 2022: Revenue of $4.4M, expenses of $5.1M, and assets of $104.6M (revenue -50.9% year-over-year).
- 2021: Revenue of $9.0M, expenses of $5.9M, and assets of $114.4M (revenue +9.6% year-over-year).
- 2020: Revenue of $8.2M, expenses of $7.5M, and assets of $107.9M (revenue -49.1% year-over-year).
- 2019: Revenue of $16.2M, expenses of $5.8M, and assets of $106.9M (revenue +758.7% year-over-year).
- 2015: Revenue of $1.9M, expenses of $3.8M, and assets of $70.7M (revenue -48.5% year-over-year).
- 2014: Revenue of $3.7M, expenses of $4.0M, and assets of $75.0M (revenue +75.4% year-over-year).
- 2013: Revenue of $2.1M, expenses of $3.7M, and assets of $71.4M (revenue -76.8% year-over-year).
- 2012: Revenue of $9.0M, expenses of $10.1M, and assets of $70.7M (revenue +32.7% year-over-year).
- 2011: Revenue of $6.8M, expenses of $2.5M, and assets of $66.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The David And Carol Van Andel Family Foundation:
Data Sources and Methodology
This transparency report for The David And Carol Van Andel 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.