The@Terry & Susie Reardon Family Foundation
Terry & Susie Reardon Family Foundation's assets decline amid consistent deficit spending.
EIN: 207183345 · Belton, MO · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $362K |
| Total Expenses | $313K |
| Program Spending | 90% |
| Net Assets | $484K |
| Transparency Score | 75/100 |
Is The@Terry & Susie Reardon Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The@Terry & Susie Reardon Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The@Terry & Susie Reardon Family Foundation
The@Terry & Susie Reardon Family Foundation (EIN: 207183345) is a nonprofit organization based in Belton, MO, classified under NTEE code T22. The organization reported total revenue of $362K and total assets of $433K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The@Terry & Susie Reardon Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The@Terry & Susie Reardon Family Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $313K |
| Surplus / Deficit | $-106,765 |
| Total Assets | $484K |
| Total Liabilities | $1 |
| Net Assets | $484K |
| Operating Margin | -51.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 18.6 months |
Financial Health Grade: B
In 2023, The@Terry & Susie Reardon Family Foundation reported a deficit of $107K with expenses exceeding revenue, holds 18.6 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@Terry & Susie Reardon Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 27.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +696.8% | +109.4% | -18.1% |
| 2022 | -51.9% | -20.2% | -17.3% |
| 2021 | -72.3% | +16.4% | -15.7% |
| 2020 | +361.4% | +1385.3% | +3.8% |
| 2019 | -54.7% | -85.3% | +16.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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@Terry & Susie Reardon Family Foundation with a Mission Score of 75 out of 100 (Good). 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@Terry & Susie Reardon 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:
- The organization reported a deficit of $107K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the foundation's leadership operates on a volunteer basis or that compensation is not a significant expense, which is highly efficient for an organization of its size.
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@Terry & Susie Reardon Family Foundation's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in recent years.
- Significant decline in assets from $847,768 in 2020 to $484,043 in 2023.
Strengths
The following positive indicators were identified for The@Terry & Susie Reardon Family Foundation:
- Zero officer compensation, indicating highly efficient executive leadership.
- Consistent filing history, demonstrating transparency.
- Maintains a substantial asset base despite recent declines ($484,043 in 2023).
Frequently Asked Questions about The@Terry & Susie Reardon Family Foundation
Is The@Terry & Susie Reardon Family Foundation a legitimate charity?
The@Terry & Susie Reardon Family Foundation (EIN: 207183345) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $362K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does The@Terry & Susie Reardon Family Foundation spend its money?
The@Terry & Susie Reardon Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The@Terry & Susie Reardon Family Foundation tax-deductible?
The@Terry & Susie Reardon Family Foundation is registered as a tax-exempt nonprofit (EIN: 207183345). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The@Terry & Susie Reardon Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), The@Terry & Susie Reardon Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The@Terry & Susie Reardon Family Foundation located?
The@Terry & Susie Reardon Family Foundation is headquartered in Belton, Missouri and files with the IRS under EIN 207183345. It is classified under NTEE code T22.
How many years of IRS 990 filings does The@Terry & Susie Reardon Family Foundation have?
The@Terry & Susie Reardon Family 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 $362K in total revenue.
Is The Terry & Susie Reardon Family Foundation financially sustainable?
The foundation's financial sustainability is a concern, as expenses have consistently exceeded revenue in recent years (e.g., $312,889 expenses vs. $206,124 revenue in 2023), leading to a significant decline in assets from $847,768 in 2020 to $484,043 in 2023. This trend is not sustainable long-term without increased revenue or reduced spending.
How does the foundation's asset decline impact its future operations?
The decline in assets reduces the foundation's endowment and its capacity for future grantmaking or programmatic activities. While it still holds $484,043 in assets as of 2023, continued depletion will limit its ability to fulfill its mission over time.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all available filings, suggesting a volunteer-driven leadership or extremely low executive overhead, which is a positive indicator of efficient resource allocation.
Filing History
IRS 990 filing history for The@Terry & Susie Reardon Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The@Terry & Susie Reardon Family Foundation's revenue has grown by 1817.6%, moving from $11K to $206K. Total assets decreased by 33.8% over the same period, from $731K to $484K. Total functional expenses rose by 347.4%, from $70K to $313K. In its most recent filing year (2023), The@Terry & Susie Reardon Family Foundation reported a deficit of $107K, with expenses exceeding revenue. The organization holds $1 in liabilities against $484K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $484K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $206K | $313K | $484K | $1 | — | View 990 |
| 2022 | $26K | $149K | $591K | $1 | — | View 990 |
| 2021 | $54K | $187K | $714K | $1 | — | View 990 |
| 2020 | $195K | $161K | $848K | $1 | — | View 990 |
| 2019 | $42K | $11K | $817K | $1 | — | View 990 |
| 2015 | $93K | $74K | $701K | $1 | — | View 990 |
| 2014 | $115K | $71K | $711K | $1 | — | View 990 |
| 2013 | $83K | $73K | $698K | $1 | — | View 990 |
| 2012 | $66K | $87K | $711K | $1 | — | View 990 |
| 2011 | $11K | $70K | $731K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $206K, expenses of $313K, and assets of $484K (revenue +696.8% year-over-year).
- 2022: Revenue of $26K, expenses of $149K, and assets of $591K (revenue -51.9% year-over-year).
- 2021: Revenue of $54K, expenses of $187K, and assets of $714K (revenue -72.3% year-over-year).
- 2020: Revenue of $195K, expenses of $161K, and assets of $848K (revenue +361.4% year-over-year).
- 2019: Revenue of $42K, expenses of $11K, and assets of $817K (revenue -54.7% year-over-year).
- 2015: Revenue of $93K, expenses of $74K, and assets of $701K (revenue -19.4% year-over-year).
- 2014: Revenue of $115K, expenses of $71K, and assets of $711K (revenue +38.5% year-over-year).
- 2013: Revenue of $83K, expenses of $73K, and assets of $698K (revenue +25.4% year-over-year).
- 2012: Revenue of $66K, expenses of $87K, and assets of $711K (revenue +518.4% year-over-year).
- 2011: Revenue of $11K, expenses of $70K, and assets of $731K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The@Terry & Susie Reardon Family Foundation:
Data Sources and Methodology
This transparency report for The@Terry & Susie Reardon 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.