The Usaa Foundation Inc
The Usaa Foundation Inc maintains strong assets and zero reported officer compensation amidst fluctuating revenues.
EIN: 202303140 · San Antonio, TX · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34.5M |
| Total Expenses | $8.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $116.0M |
| Transparency Score | 92/100 |
Is The Usaa Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Usaa Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Usaa Foundation Inc
The Usaa Foundation Inc (EIN: 202303140) is a nonprofit organization based in San Antonio, TX, classified under NTEE code T20. The organization reported total revenue of $34.5M and total assets of $130.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Usaa Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Usaa Foundation Inc is a large nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $8.1M |
| Surplus / Deficit | +$311K |
| Total Assets | $116.0M |
| Total Liabilities | $1 |
| Net Assets | $116.0M |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 170.9 months |
Financial Health Grade: A
In 2023, The Usaa Foundation Inc reported a surplus of $311K with revenue exceeding expenses, holds 170.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), The Usaa Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -57.9% | +7.6% | +0.3% |
| 2022 | +129.0% | +7.6% | +12.2% |
| 2021 | +30.7% | -53.8% | +1.7% |
| 2020 | +62.7% | +51.7% | -7.7% |
| 2019 | +115.0% | +48.9% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Usaa Foundation Inc with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, The Usaa Foundation Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $311K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Usaa Foundation Inc consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation, which is highly favorable for a nonprofit of its size with assets exceeding $100 million.
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 Usaa Foundation Inc:
- Consistently low liabilities ($1 in 2023, $0 in prior years) indicating strong financial health.
- Zero reported officer compensation across all filings, demonstrating efficient use of funds.
- Substantial and stable asset base (e.g., $115,999,913 in 2023) providing long-term financial security.
- Positive net income in recent years (e.g., $8,456,521 revenue vs. $8,145,590 expenses in 2023) indicating sustainable operations.
Frequently Asked Questions about The Usaa Foundation Inc
Is The Usaa Foundation Inc a legitimate charity?
The Usaa Foundation Inc (EIN: 202303140) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $34.5M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does The Usaa Foundation Inc spend its money?
The Usaa Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to The Usaa Foundation Inc tax-deductible?
The Usaa Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202303140). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Usaa Foundation Inc CEO make?
The Usaa Foundation Inc's highest-compensated officer earns $100 annually. The organization reported $34.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Usaa Foundation Inc's spending goes to programs?
The Usaa Foundation Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Usaa Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Usaa Foundation Inc 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 Usaa Foundation Inc located?
The Usaa Foundation Inc is headquartered in San Antonio, Texas and files with the IRS under EIN 202303140. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Usaa Foundation Inc have?
The Usaa Foundation Inc has 11 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 $34.5M in total revenue.
Is The Usaa Foundation Inc financially stable?
Yes, The Usaa Foundation Inc appears financially stable, consistently holding over $100 million in assets (e.g., $115,999,913 in 2023) and reporting negligible liabilities ($1 in 2023), indicating a strong balance sheet and low financial risk.
How does The Usaa Foundation Inc manage executive compensation?
The Usaa Foundation Inc reports 0% officer compensation in all available filings, suggesting that its executive leadership is not compensated through traditional officer salaries, which is a positive indicator of resource allocation towards its mission.
What is the trend in The Usaa Foundation Inc's revenue?
The Usaa Foundation Inc's revenue has fluctuated, with a high of $20,103,005 in 2022 and $8,456,521 in 2023, showing variability but generally maintaining a significant income stream.
Does The Usaa Foundation Inc have high administrative costs?
Based on the consistent reporting of 0% officer compensation and the nature of a grantmaking foundation (NTEE T20), it is likely that administrative costs are kept low, allowing a greater proportion of funds to go towards program services.
Filing History
IRS 990 filing history for The Usaa Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), The Usaa Foundation Inc's revenue has grown by 66.9%, moving from $5.1M to $8.5M. Total assets decreased by 7.7% over the same period, from $125.6M to $116.0M. Total functional expenses fell by 8.7%, from $8.9M to $8.1M. In its most recent filing year (2023), The Usaa Foundation Inc reported a surplus of $311K, with revenue exceeding expenses. The organization holds $1 in liabilities against $116.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $116.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.5M | $8.1M | $116.0M | $1 | — | View 990 |
| 2022 | $20.1M | $7.6M | $115.7M | $1 | — | View 990 |
| 2021 | $8.8M | $7.0M | $103.2M | $1 | — | View 990 |
| 2020 | $6.7M | $15.2M | $101.4M | $1 | — | View 990 |
| 2019 | $4.1M | $10.0M | $109.9M | $0 | — | View 990 |
| 2015 | $1.9M | $6.7M | $106.9M | $0 | — | View 990 |
| 2015 | $6.4M | $9.0M | $111.7M | $0 | — | View 990 |
| 2014 | $6.0M | $7.6M | $114.4M | $0 | — | View 990 |
| 2013 | $7.6M | $12.2M | $116.0M | $0 | — | View 990 |
| 2012 | $6.7M | $11.7M | $120.6M | $0 | — | View 990 |
| 2011 | $5.1M | $8.9M | $125.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.5M, expenses of $8.1M, and assets of $116.0M (revenue -57.9% year-over-year).
- 2022: Revenue of $20.1M, expenses of $7.6M, and assets of $115.7M (revenue +129.0% year-over-year).
- 2021: Revenue of $8.8M, expenses of $7.0M, and assets of $103.2M (revenue +30.7% year-over-year).
- 2020: Revenue of $6.7M, expenses of $15.2M, and assets of $101.4M (revenue +62.7% year-over-year).
- 2019: Revenue of $4.1M, expenses of $10.0M, and assets of $109.9M (revenue +115.0% year-over-year).
- 2015: Revenue of $1.9M, expenses of $6.7M, and assets of $106.9M (revenue -69.9% year-over-year).
- 2015: Revenue of $6.4M, expenses of $9.0M, and assets of $111.7M (revenue +5.7% year-over-year).
- 2014: Revenue of $6.0M, expenses of $7.6M, and assets of $114.4M (revenue -20.3% year-over-year).
- 2013: Revenue of $7.6M, expenses of $12.2M, and assets of $116.0M (revenue +13.6% year-over-year).
- 2012: Revenue of $6.7M, expenses of $11.7M, and assets of $120.6M (revenue +31.5% year-over-year).
- 2011: Revenue of $5.1M, expenses of $8.9M, and assets of $125.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Usaa Foundation Inc:
Data Sources and Methodology
This transparency report for The Usaa 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.