The Sexton Family Foundation

The Sexton Family Foundation consistently grows assets and maintains low expenses with no reported officer compensation.

EIN: 137106277 · Vero Beach, FL · NTEE: T00Z · Updated: 2026-03-28

$6.9MRevenue
$15.0MAssets
95/100Mission Score (Excellent)
T00Z

Is The Sexton Family Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

The Sexton Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The Sexton Family Foundation

The Sexton Family Foundation (EIN: 137106277) is a nonprofit organization based in Vero Beach, FL, classified under NTEE code T00Z. The organization reported total revenue of $6.9M and total assets of $15.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Sexton Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

29Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

The Sexton Family Foundation is a mid-size nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 44.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$4.2M
Total Expenses$1.1M
Surplus / Deficit+$3.1M
Total Assets$11.3M
Total Liabilities$1
Net Assets$11.3M
Operating Margin73.9%
Debt-to-Asset Ratio0.0%
Months of Reserves125.1 months

Financial Health Grade: A

In 2023, The Sexton Family Foundation reported a surplus of $3.1M with revenue exceeding expenses, holds 125.1 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 Sexton Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 44.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+34.5%-0.8%+21.2%
2022-62.0%+20.5%+19.0%
2021+177.4%+57.9%+21.7%
2020+1.3%-3.7%+17.7%
2019+159.6%+74.6%+43.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1997

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

AI Transparency Report

The Sexton Family Foundation demonstrates strong financial health and a clear commitment to its programmatic mission. Over the past five years, the foundation has consistently grown its assets, from $5,473,924 in 2019 to $11,303,242 in 2023, indicating effective asset management and investment strategies. Its revenue has also shown significant growth, with the latest reported revenue at $4,151,847 in 2023, up from $2,892,948 in 2019. The organization's spending efficiency is notable, with expenses consistently remaining a relatively small proportion of its revenue. For instance, in 2023, expenses were $1,084,248 against revenue of $4,151,847, suggesting a high percentage of funds are retained for future grantmaking or asset growth. A key aspect of its transparency and efficiency is the reported 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not reported as officer compensation on the 990, which is common for family foundations. This practice generally contributes to a higher proportion of funds being available for charitable activities. The consistent reporting of minimal liabilities ($1 across most recent filings) also points to sound financial management and low financial risk.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Sexton Family Foundation with a Mission Score of 95 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

According to IRS 990 filings, The Sexton Family 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:

$4.2MTotal Revenue
$1.1MTotal Expenses
$11.3MTotal Assets
$1Total Liabilities
$11.3MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated directly from the foundation's funds, which is a strong positive for resource allocation to its mission.

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 Sexton Family Foundation:

Frequently Asked Questions about The Sexton Family Foundation

Is The Sexton Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Sexton Family Foundation (EIN: 137106277) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

How does The Sexton Family Foundation spend its money?

The Sexton Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to The Sexton Family Foundation tax-deductible?

The Sexton Family Foundation is registered as a tax-exempt nonprofit (EIN: 137106277). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is The Sexton Family Foundation a good charity?

Based on the available IRS 990 data, The Sexton Family Foundation appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a commitment to its mission by reporting 0% officer compensation and maintaining low expenses relative to revenue.

How does The Sexton Family Foundation manage its expenses?

The foundation manages its expenses very efficiently. For example, in 2023, expenses were $1,084,248 against revenue of $4,151,847, indicating that a significant portion of its revenue is retained or used for programmatic activities rather than operational overhead.

What is the trend in The Sexton Family Foundation's assets?

The foundation's assets have shown consistent and substantial growth, increasing from $3,076,694 in 2011 to $11,303,242 in 2023, demonstrating effective financial stewardship and investment.

Filing History

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

Over 10 years of IRS 990 filings (2011–2023), The Sexton Family Foundation's revenue has grown by 7837.9%, moving from $52K to $4.2M. Total assets increased by 267.4% over the same period, from $3.1M to $11.3M. Total functional expenses rose by 486.6%, from $185K to $1.1M. In its most recent filing year (2023), The Sexton Family Foundation reported a surplus of $3.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $11.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $4.2M $1.1M $11.3M $1
2022 $3.1M $1.1M $9.3M $1 View 990
2021 $8.1M $907K $7.8M $1 View 990
2020 $2.9M $574K $6.4M $1 View 990
2019 $2.9M $596K $5.5M $1
2015 $1.1M $341K $3.8M $1 View 990
2014 $178K $278K $3.6M $1 View 990
2013 $140K $224K $3.7M $1 View 990
2012 $871K $189K $3.8M $1 View 990
2011 $52K $185K $3.1M $750 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Sexton Family 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 Sexton 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.

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