The Epworth Foundation
The Epworth Foundation frequently operates with expenses exceeding revenue, yet maintains growing assets and reports no officer compensation.
EIN: 203432952 · Denver, CO · NTEE: B82 · Updated: 2026-03-28
Is The Epworth Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Epworth Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Epworth Foundation
The Epworth Foundation (EIN: 203432952) is a nonprofit organization based in Denver, CO, classified under NTEE code B82. The organization reported total revenue of $561K and total assets of $447K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Epworth Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Epworth Foundation is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $494K |
| Total Expenses | $525K |
| Surplus / Deficit | $-30,681 |
| Total Assets | $156K |
| Net Assets | $165K |
| Operating Margin | -6.2% |
| Months of Reserves | 3.6 months |
Financial Health Grade: C
In 2023, The Epworth Foundation reported a deficit of $31K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2023), The Epworth Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | -14.9% | -21.2% |
| 2022 | +31.1% | +70.3% | -23.2% |
| 2021 | -18.6% | +14.0% | +12.4% |
| 2020 | +80.9% | +41.8% | +211.9% |
| 2019 | -46.4% | +13.4% | +59.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Epworth Foundation with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, The Epworth Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $31K, with expenses exceeding revenue.
Executive Compensation Analysis
The Epworth Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Epworth Foundation's IRS 990 filings:
- Frequent operating deficits (e.g., 2023, 2022, 2017, 2016, 2014, 2013) where expenses exceed revenue.
- Negative liabilities reported in 2023 ($-8,664) which is unusual and may indicate a reporting anomaly or specific accounting practice that warrants clarification.
- Negative assets reported in 2016 ($-4,661), which is a significant financial concern for that period.
Strengths
The following positive indicators were identified for The Epworth Foundation:
- Consistent reporting of 0% officer compensation across all available filings, indicating efficient use of funds at the executive level.
- Consistent IRS 990 filing history (12 filings), demonstrating strong commitment to transparency and compliance.
- Significant growth in assets over recent years, from $46,256 in 2018 to $447,083 currently, indicating improved financial stability.
- Latest revenue of $561,297 is higher than many previous years, suggesting potential for improved financial health.
Frequently Asked Questions about The Epworth Foundation
Is The Epworth Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Epworth Foundation (EIN: 203432952) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does The Epworth Foundation spend its money?
The Epworth Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Epworth Foundation tax-deductible?
The Epworth Foundation is registered as a tax-exempt nonprofit (EIN: 203432952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Epworth Foundation a good charity?
The Epworth Foundation exhibits strengths in its commitment to no officer compensation and consistent IRS filings. However, its frequent operating deficits (e.g., $525,129 expenses vs. $494,448 revenue in 2023) suggest a need for closer examination of its financial sustainability and expense management. Without detailed functional expense breakdowns, a full assessment of 'goodness' is limited, but the lack of executive salaries is a strong positive.
How does The Epworth Foundation manage its expenses?
The Epworth Foundation has frequently reported expenses exceeding revenue, such as in 2023 and 2022. For instance, in 2022, expenses were $616,992 against revenues of $506,475. This indicates a pattern of spending more than it brings in through annual operations, potentially drawing on reserves or other funding sources. Further detail on functional expenses would be needed to understand specific spending categories.
What is the financial trend of The Epworth Foundation?
The Epworth Foundation has experienced fluctuating revenues and expenses over the years. While revenues have generally been in the range of $300,000-$500,000, expenses have often outpaced them. Assets have shown a positive trend, growing from $46,256 in 2018 to $447,083 currently, suggesting effective asset management despite operational deficits.
Filing History
IRS 990 filing history for The Epworth Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), The Epworth Foundation's revenue has grown by 16.2%, moving from $425K to $494K. Total assets increased by 164.6% over the same period, from $59K to $156K. Total functional expenses rose by 25.8%, from $417K to $525K. In its most recent filing year (2023), The Epworth Foundation reported a deficit of $31K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $494K | $525K | $156K | $-8,664 | — | — |
| 2022 | $506K | $617K | $198K | $104K | — | View 990 |
| 2021 | $386K | $362K | $258K | $5K | — | View 990 |
| 2020 | $475K | $318K | $230K | $973 | — | View 990 |
| 2019 | $262K | $224K | $74K | $2K | — | View 990 |
| 2018 | $489K | $198K | $46K | $13K | — | View 990 |
| 2017 | $242K | $349K | $47K | $44K | — | View 990 |
| 2016 | $354K | $506K | $-4,661 | $20K | — | View 990 |
| 2014 | $472K | $490K | $43K | $8K | — | View 990 |
| 2013 | $406K | $469K | $52K | $717 | — | View 990 |
| 2012 | $572K | $473K | $126K | $11K | — | View 990 |
| 2011 | $425K | $417K | $59K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $494K, expenses of $525K, and assets of $156K (revenue -2.4% year-over-year).
- 2022: Revenue of $506K, expenses of $617K, and assets of $198K (revenue +31.1% year-over-year).
- 2021: Revenue of $386K, expenses of $362K, and assets of $258K (revenue -18.6% year-over-year).
- 2020: Revenue of $475K, expenses of $318K, and assets of $230K (revenue +80.9% year-over-year).
- 2019: Revenue of $262K, expenses of $224K, and assets of $74K (revenue -46.4% year-over-year).
- 2018: Revenue of $489K, expenses of $198K, and assets of $46K (revenue +102.5% year-over-year).
- 2017: Revenue of $242K, expenses of $349K, and assets of $47K (revenue -31.8% year-over-year).
- 2016: Revenue of $354K, expenses of $506K, and assets of $-4,661 (revenue -25.0% year-over-year).
- 2014: Revenue of $472K, expenses of $490K, and assets of $43K (revenue +16.5% year-over-year).
- 2013: Revenue of $406K, expenses of $469K, and assets of $52K (revenue -29.1% year-over-year).
- 2012: Revenue of $572K, expenses of $473K, and assets of $126K (revenue +34.4% year-over-year).
- 2011: Revenue of $425K, expenses of $417K, and assets of $59K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Epworth Foundation:
Data Sources and Methodology
This transparency report for The Epworth 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.