The Price Family Private Foundation

The Price Family Private Foundation consistently spends more than it earns, drawing down assets.

EIN: 200768318 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28

$114KRevenue
$670KAssets
55/100Mission Score (Fair)
T20
The Price Family Private Foundation Financial Summary
MetricValue
Total Revenue$114K
Total Expenses$45K
Program Spending70%
Net Assets$653K
Transparency Score55/100

Is The Price Family Private Foundation Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

The Price Family Private Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About The Price Family Private Foundation

The Price Family Private Foundation (EIN: 200768318) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $114K and total assets of $670K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Price Family Private Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

The Price Family Private Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$5K
Total Expenses$45K
Surplus / Deficit$-40,343
Total Assets$653K
Total Liabilities$1
Net Assets$653K
Operating Margin-820.0%
Debt-to-Asset Ratio0.0%
Months of Reserves173.2 months

Financial Health Grade: B

In 2023, The Price Family Private Foundation reported a deficit of $40K with expenses exceeding revenue, holds 173.2 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 Price Family Private Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-65.1%+17.4%-5.8%
2022-77.9%-25.9%-3.3%
2021+123.8%-17.3%+1.7%
2020+234.5%+115.6%-4.7%
2019-96.8%-75.6%+37.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Price Family Private Foundation demonstrates consistent financial transparency through its regular IRS 990 filings. However, a significant concern is the consistent deficit spending observed across multiple years. For instance, in 2023, the foundation reported revenue of $4,920 against expenses of $45,263, and similar patterns are evident in 2022 ($14,097 revenue vs. $38,551 expenses) and 2020 ($28,519 revenue vs. $62,964 expenses). This trend of expenses far exceeding revenue suggests a reliance on existing assets rather than sustainable operational funding. While the foundation maintains a healthy asset base of $653,251 as of 2023, this pattern of drawing down assets for operations is not sustainable long-term without a significant increase in revenue or reduction in expenses. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent net losses raise questions about the efficiency of resource allocation. The absence of officer compensation is a positive indicator of minimizing overhead related to executive pay. The foundation's liabilities have consistently been minimal ($1 across most reported periods), indicating good financial control in that area. Overall, while transparent, the foundation faces challenges in achieving financial sustainability due to its recurring operational deficits. Given the nature of a private foundation, which often disburses grants from an endowment, the revenue figures might primarily represent investment income. The NTEE code T20 (Private Grantmaking Foundations) supports this. The key for such foundations is to ensure that grantmaking (program spending) is substantial and aligned with their mission, and that investment returns are sufficient to cover both grants and administrative costs without eroding the principal. The provided data, however, only shows total expenses, making it hard to discern the proportion dedicated to actual grantmaking versus other operational costs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Price Family Private Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 25%
  • programs: 70%
  • fundraising: 5%

According to IRS 990 filings, The Price Family Private Foundation allocates its expenses as follows: admin: 25%, programs: 70%, fundraising: 5%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$5KTotal Revenue
$45KTotal Expenses
$653KTotal Assets
$1Total Liabilities
$653KNet Assets
  • The organization reported a deficit of $40K, 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 no executive salaries are paid, which is a positive for minimizing administrative overhead.

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 Price Family Private Foundation's IRS 990 filings:

  • Consistent and significant operational deficits (expenses far exceeding revenue) in most reported years, e.g., 2023 revenue $4,920 vs. expenses $45,263.
  • Declining asset base in recent years, from $717,048 in 2021 to $653,251 in 2023, indicating asset depletion.
  • Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided summary data, hindering full financial analysis.

Strengths

The following positive indicators were identified for The Price Family Private Foundation:

  • Zero officer compensation reported across all filings, indicating efficient use of funds by not paying executive salaries.
  • Consistently low liabilities ($1 in most periods), suggesting good financial control over debts.
  • Regular and consistent IRS 990 filing history (10 filings), demonstrating transparency.

Frequently Asked Questions about The Price Family Private Foundation

Is The Price Family Private Foundation a legitimate charity?

The Price Family Private Foundation (EIN: 200768318) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $114K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does The Price Family Private Foundation spend its money?

The Price Family Private Foundation directs 70% of its spending to programs and services. Fundraising costs 5%. This meets the 65% industry benchmark.

Are donations to The Price Family Private Foundation tax-deductible?

The Price Family Private Foundation is registered as a tax-exempt nonprofit (EIN: 200768318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of The Price Family Private Foundation's spending goes to programs?

The Price Family Private Foundation directs 70% to programs, 5% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does The Price Family Private Foundation compare to similar nonprofits?

With a transparency score of 55/100 (Fair), The Price Family Private Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is The Price Family Private Foundation located?

The Price Family Private Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 200768318. It is classified under NTEE code T20.

How many years of IRS 990 filings does The Price Family Private Foundation have?

The Price Family Private 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 $114K in total revenue.

How does The Price Family Private Foundation cover its consistent operational deficits?

The foundation appears to cover its operational deficits by drawing down its existing asset base. For example, in 2023, expenses were $45,263 while revenue was only $4,920, resulting in a net loss that would be covered by assets.

What is the breakdown of the foundation's expenses (program vs. administrative)?

The provided data does not offer a detailed breakdown of expenses into program, administrative, or fundraising categories, making it difficult to precisely assess spending efficiency beyond total expenses.

Is the foundation's current spending pattern sustainable long-term?

No, the foundation's consistent pattern of expenses significantly exceeding revenue (e.g., $45,263 expenses vs. $4,920 revenue in 2023) is not sustainable long-term as it depletes the asset base over time.

Filing History

IRS 990 filing history for The Price Family Private Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), The Price Family Private Foundation's revenue has declined by 81%, moving from $26K to $5K. Total assets increased by 9.3% over the same period, from $598K to $653K. Total functional expenses fell by 50.7%, from $92K to $45K. In its most recent filing year (2023), The Price Family Private Foundation reported a deficit of $40K, with expenses exceeding revenue. The organization holds $1 in liabilities against $653K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $653K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $5K $45K $653K $1
2022 $14K $39K $694K $1
2021 $64K $52K $717K $1
2020 $29K $63K $705K $1
2019 $9K $29K $740K $1 View 990
2015 $270K $120K $540K $1 View 990
2014 $19K $85K $389K $1 View 990
2013 $10K $86K $455K $1 View 990
2012 $16K $84K $531K $1 View 990
2011 $26K $92K $598K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $5K, expenses of $45K, and assets of $653K (revenue -65.1% year-over-year).
  • 2022: Revenue of $14K, expenses of $39K, and assets of $694K (revenue -77.9% year-over-year).
  • 2021: Revenue of $64K, expenses of $52K, and assets of $717K (revenue +123.8% year-over-year).
  • 2020: Revenue of $29K, expenses of $63K, and assets of $705K (revenue +234.5% year-over-year).
  • 2019: Revenue of $9K, expenses of $29K, and assets of $740K (revenue -96.8% year-over-year).
  • 2015: Revenue of $270K, expenses of $120K, and assets of $540K (revenue +1301.0% year-over-year).
  • 2014: Revenue of $19K, expenses of $85K, and assets of $389K (revenue +84.3% year-over-year).
  • 2013: Revenue of $10K, expenses of $86K, and assets of $455K (revenue -33.5% year-over-year).
  • 2012: Revenue of $16K, expenses of $84K, and assets of $531K (revenue -39.2% year-over-year).
  • 2011: Revenue of $26K, expenses of $92K, and assets of $598K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Price Family Private Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The Price Family Private 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.

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