The Paul W Exley Family Foundation Inc
Small family foundation consistently spends more than it earns, drawing down assets.
EIN: 203743886 · Wheeling, WV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $17K |
| Program Spending | 80% |
| Net Assets | $201K |
| Transparency Score | 70/100 |
Is The Paul W Exley Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Paul W Exley Family Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Paul W Exley Family Foundation Inc
The Paul W Exley Family Foundation Inc (EIN: 203743886) is a nonprofit organization based in Wheeling, WV, classified under NTEE code T22. The organization reported total revenue of $91K and total assets of $200K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Paul W Exley Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Paul W Exley Family Foundation Inc is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $17K |
| Surplus / Deficit | $-12,949 |
| Total Assets | $201K |
| Total Liabilities | $1 |
| Net Assets | $201K |
| Operating Margin | -334.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 143.7 months |
Financial Health Grade: B
In 2023, The Paul W Exley Family Foundation Inc reported a deficit of $13K with expenses exceeding revenue, holds 143.7 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 Paul W Exley Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -74.3% | -11.9% | -6.0% |
| 2022 | -54.2% | -3.6% | -1.9% |
| 2021 | +202.7% | -3.9% | +6.5% |
| 2020 | -36.6% | +37.8% | -4.5% |
| 2019 | +6.2% | -26.0% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Paul W Exley Family Foundation Inc 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: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, The Paul W Exley Family Foundation Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. 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 $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis, which is highly efficient for a foundation of its size.
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 Paul W Exley Family Foundation Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in recent years, potentially eroding asset base.
- Lack of detailed expense breakdown in summary data makes it difficult to fully assess program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for The Paul W Exley Family Foundation Inc:
- Zero officer compensation, indicating volunteer leadership and efficient use of funds.
- Stable asset base over a long period, demonstrating prudent financial management despite deficit spending.
- Consistent IRS 990 filing history, indicating good transparency.
- Minimal liabilities reported, suggesting sound financial health regarding debt.
Frequently Asked Questions about The Paul W Exley Family Foundation Inc
Is The Paul W Exley Family Foundation Inc a legitimate charity?
The Paul W Exley Family Foundation Inc (EIN: 203743886) is a registered tax-exempt nonprofit based in West Virginia. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $91K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does The Paul W Exley Family Foundation Inc spend its money?
The Paul W Exley Family Foundation Inc directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Paul W Exley Family Foundation Inc tax-deductible?
The Paul W Exley Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203743886). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Paul W Exley Family Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), The Paul W Exley Family Foundation Inc 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 Paul W Exley Family Foundation Inc located?
The Paul W Exley Family Foundation Inc is headquartered in Wheeling, West Virginia and files with the IRS under EIN 203743886. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Paul W Exley Family Foundation Inc have?
The Paul W Exley Family Foundation Inc 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 $91K in total revenue.
What are the specific programs or grants funded by The Paul W Exley Family Foundation Inc?
The provided data does not detail specific programs or grants. A deeper dive into the full 990 forms would be necessary to identify the beneficiaries and types of activities supported by the foundation.
Why have expenses consistently exceeded revenue in recent years?
From 2020 to 2023, expenses have been higher than revenue (e.g., $16,819 expenses vs. $3,870 revenue in 2023). This suggests the foundation is utilizing its asset principal to fund its activities, rather than relying solely on investment income or new contributions.
Is the foundation's asset base sustainable given its spending patterns?
While the asset base has been relatively stable around $200,000, the trend of expenses exceeding revenue (e.g., $16,819 expenses vs. $3,870 revenue in 2023) indicates a gradual draw-down of assets. If this trend continues without significant new contributions or increased investment returns, the asset base will diminish over time.
Filing History
IRS 990 filing history for The Paul W Exley Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Paul W Exley Family Foundation Inc's revenue has declined by 66.7%, moving from $12K to $4K. Total assets increased by 2.6% over the same period, from $196K to $201K. Total functional expenses rose by 10.1%, from $15K to $17K. In its most recent filing year (2023), The Paul W Exley Family Foundation Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1 in liabilities against $201K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $201K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $17K | $201K | $1 | — | — |
| 2022 | $15K | $19K | $214K | $1 | — | View 990 |
| 2021 | $33K | $20K | $218K | $1 | — | — |
| 2020 | $11K | $21K | $205K | $1 | — | — |
| 2019 | $17K | $15K | $215K | $1 | — | — |
| 2015 | $16K | $20K | $201K | $0 | — | View 990 |
| 2014 | $12K | $7K | $203K | $0 | — | View 990 |
| 2013 | $17K | $14K | $198K | $0 | — | View 990 |
| 2012 | $9K | $8K | $197K | $0 | — | View 990 |
| 2011 | $12K | $15K | $196K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $17K, and assets of $201K (revenue -74.3% year-over-year).
- 2022: Revenue of $15K, expenses of $19K, and assets of $214K (revenue -54.2% year-over-year).
- 2021: Revenue of $33K, expenses of $20K, and assets of $218K (revenue +202.7% year-over-year).
- 2020: Revenue of $11K, expenses of $21K, and assets of $205K (revenue -36.6% year-over-year).
- 2019: Revenue of $17K, expenses of $15K, and assets of $215K (revenue +6.2% year-over-year).
- 2015: Revenue of $16K, expenses of $20K, and assets of $201K (revenue +33.1% year-over-year).
- 2014: Revenue of $12K, expenses of $7K, and assets of $203K (revenue -28.7% year-over-year).
- 2013: Revenue of $17K, expenses of $14K, and assets of $198K (revenue +88.4% year-over-year).
- 2012: Revenue of $9K, expenses of $8K, and assets of $197K (revenue -22.6% year-over-year).
- 2011: Revenue of $12K, expenses of $15K, and assets of $196K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Paul W Exley Family Foundation Inc:
Data Sources and Methodology
This transparency report for The Paul W Exley Family Foundation 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.