The Medved Family Foundation
The Medved Family Foundation reports zero revenue and assets in its latest filing, indicating dormancy or minimal activity.
EIN: 205925760 · Wilmington, DE · Updated: 2026-03-28
Is The Medved 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 Medved Family Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Medved Family Foundation
The Medved Family Foundation (EIN: 205925760) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Medved Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Medved Family Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -10.7%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $7K |
| Surplus / Deficit | +$3K |
| Total Assets | $261K |
| Total Liabilities | $1 |
| Net Assets | $261K |
| Operating Margin | 31.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 442.3 months |
Financial Health Grade: A
In 2015, The Medved Family Foundation reported a surplus of $3K with revenue exceeding expenses, holds 442.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), The Medved Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -60.4% | -93.6% | +1.2% |
| 2014 | -8.2% | +184.1% | -24.7% |
| 2013 | +29.6% | +312.7% | -3.0% |
| 2012 | +34.9% | -76.6% | +3.6% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Medved Family 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, The Medved Family Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating that no salaries or other compensation were paid to officers, which is positive for efficiency given the organization's size and revenue levels.
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 Medved Family Foundation's IRS 990 filings:
- Zero revenue and assets in the latest filing, suggesting dormancy or cessation of operations.
- Lack of detailed program spending information to assess mission impact.
Strengths
The following positive indicators were identified for The Medved Family Foundation:
- Consistently reports 0% officer compensation, indicating efficient use of funds for administrative overhead.
- Maintains minimal liabilities ($1 across all periods), suggesting financial stability and low debt.
Frequently Asked Questions about The Medved Family Foundation
Is The Medved Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Medved Family Foundation (EIN: 205925760) some concerns. Mission Score: 70/100. 2 red flags identified, 2 strengths noted.
How does The Medved Family Foundation spend its money?
The Medved Family Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Medved Family Foundation tax-deductible?
The Medved Family Foundation is registered as a tax-exempt nonprofit (EIN: 205925760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Medved Family Foundation currently active?
Based on the latest filing showing $0 revenue and $0 assets, the foundation appears to be dormant or has ceased operations. Further investigation into its current status would be necessary.
What is the primary purpose of The Medved Family Foundation?
Without NTEE code or program expense details, the specific mission or purpose of the foundation cannot be determined from the provided financial data alone.
How has the foundation's asset base changed over time?
The foundation's assets have fluctuated, from $340,977 in 2011, peaking at $353,377 in 2012, and then declining to $261,272 by 2015, and finally to $0 in the latest filing.
Filing History
IRS 990 filing history for The Medved Family Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Medved Family Foundation's revenue has declined by 36.4%, moving from $16K to $10K. Total assets decreased by 23.4% over the same period, from $341K to $261K. Total functional expenses fell by 82.4%, from $40K to $7K. In its most recent filing year (2015), The Medved Family Foundation reported a surplus of $3K, with revenue exceeding expenses. The organization holds $1 in liabilities against $261K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $261K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $10K | $7K | $261K | $1 | — | View 990 |
| 2014 | $26K | $111K | $258K | $1 | — | View 990 |
| 2013 | $28K | $39K | $343K | $1 | — | View 990 |
| 2012 | $22K | $9K | $353K | $1 | — | View 990 |
| 2011 | $16K | $40K | $341K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $10K, expenses of $7K, and assets of $261K (revenue -60.4% year-over-year).
- 2014: Revenue of $26K, expenses of $111K, and assets of $258K (revenue -8.2% year-over-year).
- 2013: Revenue of $28K, expenses of $39K, and assets of $343K (revenue +29.6% year-over-year).
- 2012: Revenue of $22K, expenses of $9K, and assets of $353K (revenue +34.9% year-over-year).
- 2011: Revenue of $16K, expenses of $40K, and assets of $341K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Medved Family Foundation:
Data Sources and Methodology
This transparency report for The Medved 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.