The Physicians Foundation Inc
The Physicians Foundation Inc maintains substantial assets despite fluctuating revenues and occasional operating deficits.
EIN: 200914085 · Austin, TX · NTEE: F129 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $30.5M |
| Total Expenses | $5.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $120 |
| Net Assets | $118.9M |
| Transparency Score | 85/100 |
Is The Physicians 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 Physicians Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Physicians Foundation Inc
The Physicians Foundation Inc (EIN: 200914085) is a nonprofit organization based in Austin, TX, classified under NTEE code F129. The organization reported total revenue of $30.5M and total assets of $128.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Physicians Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Physicians Foundation Inc is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.6M |
| Total Expenses | $5.2M |
| Surplus / Deficit | +$401K |
| Total Assets | $120.3M |
| Total Liabilities | $1.4M |
| Net Assets | $118.9M |
| Operating Margin | 7.1% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 276.5 months |
Financial Health Grade: A
In 2023, The Physicians Foundation Inc reported a surplus of $401K with revenue exceeding expenses, holds 276.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Physicians Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.5% | -12.9% | +8.9% |
| 2022 | -64.6% | +2.5% | -18.2% |
| 2021 | +67.4% | +0.5% | +8.9% |
| 2020 | +17.1% | -15.5% | +4.5% |
| 2019 | -52.4% | -6.0% | +11.6% |
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 Physicians Foundation Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Physicians Foundation 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 surplus of $401K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with over $120 million in assets. This either indicates a fully volunteer leadership or that compensation is reported under different expense categories, which could obscure a complete picture of executive pay.
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 Physicians Foundation Inc's IRS 990 filings:
- Frequent operating deficits where expenses exceed revenues in multiple years (e.g., 2022, 2020, 2019, 2017, 2016, 2015).
- 0% officer compensation reported across all filings, which is highly unusual for an organization with over $100 million in assets and could indicate a lack of detailed reporting in this specific line item.
Strengths
The following positive indicators were identified for The Physicians Foundation Inc:
- Strong asset base, with $120,303,766 in 2023, providing significant financial stability.
- Positive operating margin in the most recent filing (2023), with revenues exceeding expenses.
- Low liabilities relative to assets, with $1,398,523 in liabilities against $120,303,766 in assets in 2023.
Frequently Asked Questions about The Physicians Foundation Inc
Is The Physicians Foundation Inc a legitimate charity?
The Physicians Foundation Inc (EIN: 200914085) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $30.5M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does The Physicians Foundation Inc spend its money?
The Physicians Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Physicians Foundation Inc tax-deductible?
The Physicians Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200914085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Physicians Foundation Inc CEO make?
The Physicians Foundation Inc's highest-compensated officer earns $120 annually. The organization reported $30.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Physicians Foundation Inc's spending goes to programs?
The Physicians Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Physicians Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Physicians Foundation Inc is above average for NTEE category F129 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Physicians Foundation Inc located?
The Physicians Foundation Inc is headquartered in Austin, Texas and files with the IRS under EIN 200914085. It is classified under NTEE code F129.
How many years of IRS 990 filings does The Physicians Foundation Inc have?
The Physicians Foundation Inc has 13 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 $30.5M in total revenue.
Is The Physicians Foundation Inc financially stable?
Yes, the organization appears financially stable, evidenced by its substantial assets of $120,303,766 in 2023, which significantly outweigh its annual expenses and liabilities. While revenues fluctuate, the asset base provides a strong buffer.
How does The Physicians Foundation Inc manage its expenses relative to revenue?
The organization's expenses have frequently exceeded its revenues in several past years (e.g., 2022, 2020, 2019, 2017, 2016, 2015). However, in 2023, revenues ($5,621,570) exceeded expenses ($5,220,588), indicating a positive operating margin for that period. The overall trend suggests reliance on investment income from its large asset base to cover operational costs during leaner revenue years.
What is the transparency regarding executive compensation?
The filings consistently report 0% for officer compensation. While this suggests no direct compensation to officers, it's an unusual figure for an organization of this scale and could indicate that executive-level compensation is categorized differently or that leadership is entirely volunteer, which would be a strong positive for transparency.
Filing History
IRS 990 filing history for The Physicians Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Physicians Foundation Inc's revenue has grown by 132.8%, moving from $2.4M to $5.6M. Total assets increased by 13.2% over the same period, from $106.3M to $120.3M. Total functional expenses rose by 40.2%, from $3.7M to $5.2M. In its most recent filing year (2023), The Physicians Foundation Inc reported a surplus of $401K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $120.3M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $118.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.6M | $5.2M | $120.3M | $1.4M | — | — |
| 2022 | $2.7M | $6.0M | $110.5M | $2.4M | — | View 990 |
| 2021 | $7.6M | $5.8M | $135.0M | $2.2M | — | View 990 |
| 2020 | $4.6M | $5.8M | $124.0M | $1.9M | — | View 990 |
| 2019 | $3.9M | $6.9M | $118.7M | $2.2M | — | View 990 |
| 2018 | $8.2M | $7.3M | $106.4M | $2.5M | — | View 990 |
| 2017 | $4.8M | $9.3M | $119.3M | $3.3M | — | View 990 |
| 2016 | $5.5M | $8.5M | $113.5M | $3.1M | — | View 990 |
| 2015 | $6.3M | $7.4M | $113.9M | $2.6M | — | View 990 |
| 2014 | $9.1M | $5.7M | $122.5M | $1.7M | — | View 990 |
| 2013 | $6.4M | $5.7M | $123.6M | $1.8M | — | View 990 |
| 2012 | $7.0M | $5.6M | $112.3M | $592K | — | View 990 |
| 2011 | $2.4M | $3.7M | $106.3M | $794K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.6M, expenses of $5.2M, and assets of $120.3M (revenue +108.5% year-over-year).
- 2022: Revenue of $2.7M, expenses of $6.0M, and assets of $110.5M (revenue -64.6% year-over-year).
- 2021: Revenue of $7.6M, expenses of $5.8M, and assets of $135.0M (revenue +67.4% year-over-year).
- 2020: Revenue of $4.6M, expenses of $5.8M, and assets of $124.0M (revenue +17.1% year-over-year).
- 2019: Revenue of $3.9M, expenses of $6.9M, and assets of $118.7M (revenue -52.4% year-over-year).
- 2018: Revenue of $8.2M, expenses of $7.3M, and assets of $106.4M (revenue +70.3% year-over-year).
- 2017: Revenue of $4.8M, expenses of $9.3M, and assets of $119.3M (revenue -12.5% year-over-year).
- 2016: Revenue of $5.5M, expenses of $8.5M, and assets of $113.5M (revenue -12.6% year-over-year).
- 2015: Revenue of $6.3M, expenses of $7.4M, and assets of $113.9M (revenue -31.4% year-over-year).
- 2014: Revenue of $9.1M, expenses of $5.7M, and assets of $122.5M (revenue +42.4% year-over-year).
- 2013: Revenue of $6.4M, expenses of $5.7M, and assets of $123.6M (revenue -7.7% year-over-year).
- 2012: Revenue of $7.0M, expenses of $5.6M, and assets of $112.3M (revenue +188.3% year-over-year).
- 2011: Revenue of $2.4M, expenses of $3.7M, and assets of $106.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Physicians Foundation Inc:
Data Sources and Methodology
This transparency report for The Physicians 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.