The Davis Family Fund Inc
The Davis Family Fund Inc. consistently spends more than its annual revenue, drawing down its asset base.
EIN: 136160952 · Madison, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $39K |
| Total Expenses | $43K |
| Program Spending | 80% |
| Net Assets | $533K |
| Transparency Score | 65/100 |
Is The Davis Family Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Davis Family Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Davis Family Fund Inc
The Davis Family Fund Inc (EIN: 136160952) is a nonprofit organization based in Madison, CT. The organization reported total revenue of $39K and total assets of $504K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Davis Family Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Davis Family Fund Inc is a micro nonprofit that has been operating for 62 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $43K |
| Surplus / Deficit | $-37,956 |
| Total Assets | $533K |
| Total Liabilities | $1 |
| Net Assets | $533K |
| Operating Margin | -782.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 149.5 months |
Financial Health Grade: B
In 2023, The Davis Family Fund Inc reported a deficit of $38K with expenses exceeding revenue, holds 149.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), The Davis Family Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -77.7% | -15.7% | -6.6% |
| 2022 | -30.8% | -4.4% | -4.8% |
| 2021 | -75.4% | +7.2% | -10.6% |
| 2020 | +55.4% | +8.1% | +13.2% |
| 2019 | +858.9% | +35.8% | +18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1964 |
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 Davis Family Fund Inc with a Mission Score of 65 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, The Davis Family Fund Inc 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 $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or receive no compensation from the organization, which is a positive for resource allocation given the organization's size and asset base.
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 Davis Family Fund Inc's IRS 990 filings:
- Consistent decline in assets due to expenses exceeding revenue (e.g., $42,806 expenses vs. $4,850 revenue in 2023)
- Lack of NTEE code makes it difficult to understand the specific programmatic focus and mission alignment.
Strengths
The following positive indicators were identified for The Davis Family Fund Inc:
- Zero officer compensation across all reported periods, indicating efficient use of funds for leadership.
- Extremely low liabilities ($0 or $1), demonstrating strong financial solvency and minimal debt.
- Consistent filing of IRS Form 990s, indicating good transparency practices.
Frequently Asked Questions about The Davis Family Fund Inc
Is The Davis Family Fund Inc a legitimate charity?
The Davis Family Fund Inc (EIN: 136160952) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $39K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Davis Family Fund Inc spend its money?
The Davis Family Fund Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Davis Family Fund Inc tax-deductible?
The Davis Family Fund Inc is registered as a tax-exempt nonprofit (EIN: 136160952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Davis Family Fund Inc's spending goes to programs?
The Davis Family Fund Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Davis Family Fund Inc located?
The Davis Family Fund Inc is headquartered in Madison, Connecticut and files with the IRS under EIN 136160952.
How many years of IRS 990 filings does The Davis Family Fund Inc have?
The Davis Family Fund Inc has 9 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 $39K in total revenue.
Is The Davis Family Fund Inc. financially sustainable?
The organization has consistently spent more than its revenue in recent years, leading to a decline in assets from $671,926 in 2020 to $533,404 in 2023. While it has a substantial asset base, this trend suggests a need to monitor its long-term financial sustainability if current spending patterns continue without increased revenue.
What is the primary purpose of The Davis Family Fund Inc.?
Without an NTEE code or detailed program descriptions, the specific mission and primary purpose of The Davis Family Fund Inc. are unclear from the provided data. It appears to function as a grant-making entity given its financial structure.
How does The Davis Family Fund Inc. manage its liabilities?
The organization consistently reports extremely low liabilities ($0 or $1 across all filings), indicating excellent management of debt and strong financial solvency.
Filing History
IRS 990 filing history for The Davis Family Fund Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), The Davis Family Fund Inc's revenue has declined by 71.5%, moving from $17K to $5K. Total assets decreased by 7.7% over the same period, from $578K to $533K. Total functional expenses rose by 59.8%, from $27K to $43K. In its most recent filing year (2023), The Davis Family Fund Inc reported a deficit of $38K, with expenses exceeding revenue. The organization holds $1 in liabilities against $533K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $533K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $43K | $533K | $1 | — | — |
| 2022 | $22K | $51K | $571K | $1 | — | View 990 |
| 2021 | $31K | $53K | $600K | $1 | — | — |
| 2020 | $128K | $50K | $672K | $1 | — | — |
| 2019 | $82K | $46K | $594K | $0 | — | View 990 |
| 2014 | $9K | $34K | $501K | $1 | — | View 990 |
| 2013 | $15K | $39K | $526K | $1 | — | View 990 |
| 2012 | $13K | $41K | $550K | $1 | — | View 990 |
| 2011 | $17K | $27K | $578K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $43K, and assets of $533K (revenue -77.7% year-over-year).
- 2022: Revenue of $22K, expenses of $51K, and assets of $571K (revenue -30.8% year-over-year).
- 2021: Revenue of $31K, expenses of $53K, and assets of $600K (revenue -75.4% year-over-year).
- 2020: Revenue of $128K, expenses of $50K, and assets of $672K (revenue +55.4% year-over-year).
- 2019: Revenue of $82K, expenses of $46K, and assets of $594K (revenue +858.9% year-over-year).
- 2014: Revenue of $9K, expenses of $34K, and assets of $501K (revenue -41.5% year-over-year).
- 2013: Revenue of $15K, expenses of $39K, and assets of $526K (revenue +10.0% year-over-year).
- 2012: Revenue of $13K, expenses of $41K, and assets of $550K (revenue -21.7% year-over-year).
- 2011: Revenue of $17K, expenses of $27K, and assets of $578K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Davis Family Fund Inc:
Data Sources and Methodology
This transparency report for The Davis Family Fund Inc 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.