The Swan Family Charitable Foundation
The Swan Family Charitable Foundation consistently grows assets with zero officer compensation.
EIN: 203954964 · Jacksboro, TX · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.7M |
| Total Expenses | $732K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $12,251,201 |
| Net Assets | $12.3M |
| Transparency Score | 95/100 |
Is The Swan 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 Swan Family Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Swan Family Charitable Foundation
The Swan Family Charitable Foundation (EIN: 203954964) is a nonprofit organization based in Jacksboro, TX, classified under NTEE code T20. The organization reported total revenue of $8.7M and total assets of $12.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Swan Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Swan Family Charitable Foundation is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $732K |
| Surplus / Deficit | +$357K |
| Total Assets | $12.3M |
| Total Liabilities | $1 |
| Net Assets | $12.3M |
| Operating Margin | 32.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 200.9 months |
Financial Health Grade: A
In 2023, The Swan Family Charitable Foundation reported a surplus of $357K with revenue exceeding expenses, holds 200.9 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 Swan Family Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 23.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.8% | -15.6% | +3.0% |
| 2022 | +5.1% | +7.1% | +2.9% |
| 2021 | +31.6% | +11.5% | +3.0% |
| 2020 | +32.3% | +5.8% | +1.3% |
| 2019 | +73.5% | +1.3% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2008 |
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 Swan Family Charitable 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
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Swan 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 $357K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries or benefits are paid to officers, which is highly unusual for an organization of this asset size ($12,251,201 in 2023).
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 Swan Family Charitable Foundation:
- Consistent asset growth, from $1.7M in 2011 to $12.2M in 2023.
- Zero officer compensation reported across all 10 filings, indicating high efficiency.
- Minimal liabilities, consistently reported as $1, demonstrating strong financial stability.
- Expenses consistently below revenue in recent years (e.g., $731,938 expenses vs. $1,088,449 revenue in 2023).
- Strong balance sheet with substantial assets relative to expenses.
Frequently Asked Questions about The Swan Family Charitable Foundation
Is The Swan Family Charitable Foundation a legitimate charity?
The Swan Family Charitable Foundation (EIN: 203954964) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $8.7M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does The Swan Family Charitable Foundation spend its money?
The Swan Family Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Swan Family Charitable Foundation tax-deductible?
The Swan Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 203954964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Swan Family Charitable Foundation CEO make?
The Swan Family Charitable Foundation's highest-compensated officer earns $12,251,201 annually. The organization reported $8.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does The Swan Family Charitable Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), The Swan Family Charitable Foundation is above 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 Swan Family Charitable Foundation located?
The Swan Family Charitable Foundation is headquartered in Jacksboro, Texas and files with the IRS under EIN 203954964. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Swan Family Charitable Foundation have?
The Swan 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 $8.7M in total revenue.
Is The Swan Family Charitable Foundation a good charity?
Based on the provided data, the foundation appears to be a very good charity. It consistently grows its assets, maintains minimal liabilities, and reports 0% officer compensation, suggesting a strong focus on its mission and efficient use of funds.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved, with assets growing from $1,770,328 in 2011 to over $12 million in 2023. Revenue and expenses have generally been managed effectively, leading to consistent asset accumulation.
What is the trend in the foundation's revenue?
Revenue has shown variability, with a large spike in 2012 ($10,064,649) and a more recent trend of stable annual revenue between approximately $1.0 million and $1.2 million from 2021-2023.
Does the foundation have high administrative costs?
The foundation appears to have very low administrative costs, particularly evidenced by the consistent reporting of 0% officer compensation across all filings, which is a strong indicator of efficiency.
Filing History
IRS 990 filing history for The Swan Family Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Swan Family Charitable Foundation's revenue has grown by 1112.1%, moving from $90K to $1.1M. Total assets increased by 592% over the same period, from $1.8M to $12.3M. Total functional expenses rose by 612.5%, from $103K to $732K. In its most recent filing year (2023), The Swan Family Charitable Foundation reported a surplus of $357K, with revenue exceeding expenses. The organization holds $1 in liabilities against $12.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $732K | $12.3M | $1 | — | — |
| 2022 | $1.2M | $867K | $11.9M | $1 | — | View 990 |
| 2021 | $1.1M | $809K | $11.6M | $1 | — | View 990 |
| 2020 | $873K | $726K | $11.2M | $1 | — | View 990 |
| 2019 | $659K | $686K | $11.1M | $1 | — | View 990 |
| 2015 | $380K | $677K | $11.1M | $1 | — | View 990 |
| 2014 | $349K | $670K | $11.4M | $1 | — | View 990 |
| 2013 | $248K | $226K | $11.8M | $1 | — | View 990 |
| 2012 | $10.1M | $104K | $11.7M | $1 | — | View 990 |
| 2011 | $90K | $103K | $1.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $732K, and assets of $12.3M (revenue -9.8% year-over-year).
- 2022: Revenue of $1.2M, expenses of $867K, and assets of $11.9M (revenue +5.1% year-over-year).
- 2021: Revenue of $1.1M, expenses of $809K, and assets of $11.6M (revenue +31.6% year-over-year).
- 2020: Revenue of $873K, expenses of $726K, and assets of $11.2M (revenue +32.3% year-over-year).
- 2019: Revenue of $659K, expenses of $686K, and assets of $11.1M (revenue +73.5% year-over-year).
- 2015: Revenue of $380K, expenses of $677K, and assets of $11.1M (revenue +9.0% year-over-year).
- 2014: Revenue of $349K, expenses of $670K, and assets of $11.4M (revenue +40.3% year-over-year).
- 2013: Revenue of $248K, expenses of $226K, and assets of $11.8M (revenue -97.5% year-over-year).
- 2012: Revenue of $10.1M, expenses of $104K, and assets of $11.7M (revenue +11108.5% year-over-year).
- 2011: Revenue of $90K, expenses of $103K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Swan Family Charitable Foundation:
Data Sources and Methodology
This transparency report for The Swan 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.