The Neidig Family Charitable Foundation
The Neidig Family Charitable Foundation consistently operates with zero officer compensation and stable assets.
EIN: 203987868 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $72K |
| Program Spending | 90% |
| Net Assets | $835K |
| Transparency Score | 90/100 |
Is The Neidig Family Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Neidig Family Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Neidig Family Charitable Foundation
The Neidig Family Charitable Foundation (EIN: 203987868) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $204K and total assets of $857K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Neidig Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Neidig Family Charitable Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $72K |
| Surplus / Deficit | +$16K |
| Total Assets | $835K |
| Total Liabilities | $1 |
| Net Assets | $835K |
| Operating Margin | 18.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 140.0 months |
Financial Health Grade: A
In 2023, The Neidig Family Charitable Foundation reported a surplus of $16K with revenue exceeding expenses, holds 140.0 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 Neidig Family Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +358.0% | -10.3% | +2.0% |
| 2022 | -75.8% | +22.1% | -6.9% |
| 2021 | +102.6% | -2.3% | +1.7% |
| 2020 | -29.6% | +3.2% | -3.1% |
| 2019 | +140.3% | +9.4% | -5.9% |
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 Neidig Family Charitable 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 Neidig Family Charitable 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 surplus of $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization of its size and suggests a volunteer-led or very lean operational model, significantly enhancing its spending efficiency.
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 Neidig Family Charitable Foundation:
- Consistent 0% officer compensation across all filings, indicating high operational efficiency.
- Strong financial solvency with assets significantly exceeding minimal liabilities ($857,231 assets vs. $1 liabilities).
- Consistent IRS 990 filing history over a decade, demonstrating transparency.
- Stable expense levels over time, suggesting predictable operational costs.
- Healthy asset base providing long-term stability for its charitable activities.
Frequently Asked Questions about The Neidig Family Charitable Foundation
Is The Neidig Family Charitable Foundation a legitimate charity?
The Neidig Family Charitable Foundation (EIN: 203987868) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $204K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does The Neidig Family Charitable Foundation spend its money?
The Neidig Family Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Neidig Family Charitable Foundation tax-deductible?
The Neidig Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 203987868). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Neidig Family Charitable Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Neidig Family Charitable 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 Neidig Family Charitable Foundation located?
The Neidig Family Charitable Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 203987868. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Neidig Family Charitable Foundation have?
The Neidig Family Charitable 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 $204K in total revenue.
Is The Neidig Family Charitable Foundation a good charity?
Based on the provided data, the foundation exhibits strong financial health, zero officer compensation, and consistent transparency through its IRS 990 filings, suggesting it is a well-managed and efficient charitable entity.
How does the foundation manage to have 0% officer compensation?
The data consistently shows 0% officer compensation, implying that the foundation's leadership and administrative functions are likely performed by volunteers or through other non-compensated arrangements, which is a significant factor in its operational efficiency.
What is the trend in the foundation's assets?
The foundation's assets have shown a slight decline over the decade, from $982,672 in 2011 to $857,231 currently, though they remain substantial and far exceed liabilities.
How stable is the foundation's revenue?
Revenue has fluctuated significantly year-to-year, ranging from a low of $19,183 in 2022 to a high of $98,248 in 2013, and $204,080 in the latest period, indicating variability in its funding sources.
Filing History
IRS 990 filing history for The Neidig Family Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Neidig Family Charitable Foundation's revenue has grown by 160.9%, moving from $34K to $88K. Total assets decreased by 15.1% over the same period, from $983K to $835K. Total functional expenses rose by 16.1%, from $62K to $72K. In its most recent filing year (2023), The Neidig Family Charitable Foundation reported a surplus of $16K, with revenue exceeding expenses. The organization holds $1 in liabilities against $835K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $835K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88K | $72K | $835K | $1 | — | — |
| 2022 | $19K | $80K | $818K | $1 | — | View 990 |
| 2021 | $79K | $65K | $879K | $1 | — | — |
| 2020 | $39K | $67K | $865K | $1 | — | — |
| 2019 | $56K | $65K | $892K | $1 | — | View 990 |
| 2015 | $23K | $59K | $948K | $1 | — | View 990 |
| 2014 | $38K | $58K | $984K | $1 | — | View 990 |
| 2013 | $98K | $59K | $1.0M | $1 | — | View 990 |
| 2012 | $44K | $61K | $965K | $1 | — | View 990 |
| 2011 | $34K | $62K | $983K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88K, expenses of $72K, and assets of $835K (revenue +358.0% year-over-year).
- 2022: Revenue of $19K, expenses of $80K, and assets of $818K (revenue -75.8% year-over-year).
- 2021: Revenue of $79K, expenses of $65K, and assets of $879K (revenue +102.6% year-over-year).
- 2020: Revenue of $39K, expenses of $67K, and assets of $865K (revenue -29.6% year-over-year).
- 2019: Revenue of $56K, expenses of $65K, and assets of $892K (revenue +140.3% year-over-year).
- 2015: Revenue of $23K, expenses of $59K, and assets of $948K (revenue -39.4% year-over-year).
- 2014: Revenue of $38K, expenses of $58K, and assets of $984K (revenue -61.1% year-over-year).
- 2013: Revenue of $98K, expenses of $59K, and assets of $1.0M (revenue +124.7% year-over-year).
- 2012: Revenue of $44K, expenses of $61K, and assets of $965K (revenue +29.8% year-over-year).
- 2011: Revenue of $34K, expenses of $62K, and assets of $983K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Neidig Family Charitable Foundation:
Data Sources and Methodology
This transparency report for The Neidig Family Charitable 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.