Tom And Kate Chappell Familyfoundation
Tom And Kate Chappell Familyfoundation consistently operates at a deficit, drawing down its asset base.
EIN: 205949141 · Kennebunk, ME · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $54K |
| Program Spending | 85% |
| Net Assets | $437K |
| Transparency Score | 65/100 |
Is Tom And Kate Chappell Familyfoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tom And Kate Chappell Familyfoundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tom And Kate Chappell Familyfoundation
Tom And Kate Chappell Familyfoundation (EIN: 205949141) is a nonprofit organization based in Kennebunk, ME, classified under NTEE code T20. The organization reported total revenue of $183K and total assets of $337K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tom And Kate Chappell Familyfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tom And Kate Chappell Familyfoundation is a small nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 130.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $54K |
| Surplus / Deficit | $-31,529 |
| Total Assets | $441K |
| Total Liabilities | $4K |
| Net Assets | $437K |
| Operating Margin | -143.0% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 98.8 months |
Financial Health Grade: B
In 2023, Tom And Kate Chappell Familyfoundation reported a deficit of $32K with expenses exceeding revenue, holds 98.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Tom And Kate Chappell Familyfoundation's revenue has grown at a compound annual growth rate (CAGR) of 130.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -55.2% | -50.4% | -6.7% |
| 2022 | -47.0% | -58.3% | -10.8% |
| 2021 | +5.9% | +101.8% | -23.7% |
| 2020 | +23.5% | -49.4% | -5.5% |
| 2019 | +40.9% | +26.8% | -34.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Tom And Kate Chappell Familyfoundation with a Mission Score of 65 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: 85%
- fundraising: 5%
According to IRS 990 filings, Tom And Kate Chappell Familyfoundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are compensated, which is a positive sign for a small foundation.
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 Tom And Kate Chappell Familyfoundation's IRS 990 filings:
- Consistent operating deficits, with expenses frequently exceeding revenue.
- Significant decline in assets over time, from $1,500,000 in 2012 to $337,400 currently.
Strengths
The following positive indicators were identified for Tom And Kate Chappell Familyfoundation:
- No reported officer compensation, indicating efficient use of funds at the executive level.
- Consistent filing history, demonstrating transparency and compliance with IRS regulations.
Frequently Asked Questions about Tom And Kate Chappell Familyfoundation
Is Tom And Kate Chappell Familyfoundation a legitimate charity?
Tom And Kate Chappell Familyfoundation (EIN: 205949141) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $183K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Tom And Kate Chappell Familyfoundation spend its money?
Tom And Kate Chappell Familyfoundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tom And Kate Chappell Familyfoundation tax-deductible?
Tom And Kate Chappell Familyfoundation is registered as a tax-exempt nonprofit (EIN: 205949141). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tom And Kate Chappell Familyfoundation's spending goes to programs?
Tom And Kate Chappell Familyfoundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tom And Kate Chappell Familyfoundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Tom And Kate Chappell Familyfoundation 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 Tom And Kate Chappell Familyfoundation located?
Tom And Kate Chappell Familyfoundation is headquartered in Kennebunk, Maine and files with the IRS under EIN 205949141. It is classified under NTEE code T20.
How many years of IRS 990 filings does Tom And Kate Chappell Familyfoundation have?
Tom And Kate Chappell Familyfoundation 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 $183K in total revenue.
Is Tom And Kate Chappell Familyfoundation a good charity?
As a private grantmaking foundation, its 'goodness' is primarily measured by the impact of its grants. The provided data indicates financial stability challenges due to consistent operating deficits, but also strong transparency regarding executive compensation. Without knowing the specific recipients and impact of its grants, a full assessment is challenging.
Why are the assets declining so consistently?
The assets are declining because the foundation's expenses have consistently exceeded its revenue for many years. For instance, in 2021, revenue was $92,894 while expenses were $259,232, leading to a significant draw on assets.
What is the purpose of the consistent $3,827 liability?
The consistent liability of $3,827 (or similar amounts) across multiple years suggests a recurring or long-term obligation, such as accounts payable, grants payable, or a specific type of accrued expense. The exact nature is not detailed in the provided summary.
Filing History
IRS 990 filing history for Tom And Kate Chappell Familyfoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tom And Kate Chappell Familyfoundation's revenue has grown by 2204600%, moving from $1 to $22K. Total assets increased by 44095200% over the same period, from $1 to $441K. In its most recent filing year (2023), Tom And Kate Chappell Familyfoundation reported a deficit of $32K, with expenses exceeding revenue. The organization holds $4K in liabilities against $441K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $437K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $22K | $54K | $441K | $4K | — | — |
| 2022 | $49K | $108K | $473K | $4K | — | View 990 |
| 2021 | $93K | $259K | $530K | $4K | — | View 990 |
| 2020 | $88K | $128K | $695K | $4K | — | — |
| 2019 | $71K | $254K | $735K | $4K | — | — |
| 2015 | $50K | $200K | $1.1M | $2K | — | View 990 |
| 2014 | $70K | $186K | $1.3M | $1 | — | View 990 |
| 2013 | $49K | $162K | $1.4M | $0 | — | View 990 |
| 2012 | $1.5M | $0 | $1.5M | $1 | — | View 990 |
| 2011 | $1 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $22K, expenses of $54K, and assets of $441K (revenue -55.2% year-over-year).
- 2022: Revenue of $49K, expenses of $108K, and assets of $473K (revenue -47.0% year-over-year).
- 2021: Revenue of $93K, expenses of $259K, and assets of $530K (revenue +5.9% year-over-year).
- 2020: Revenue of $88K, expenses of $128K, and assets of $695K (revenue +23.5% year-over-year).
- 2019: Revenue of $71K, expenses of $254K, and assets of $735K (revenue +40.9% year-over-year).
- 2015: Revenue of $50K, expenses of $200K, and assets of $1.1M (revenue -28.2% year-over-year).
- 2014: Revenue of $70K, expenses of $186K, and assets of $1.3M (revenue +43.9% year-over-year).
- 2013: Revenue of $49K, expenses of $162K, and assets of $1.4M (revenue -96.7% year-over-year).
- 2012: Revenue of $1.5M, expenses of $0, and assets of $1.5M (revenue +149999900.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tom And Kate Chappell Familyfoundation:
Data Sources and Methodology
This transparency report for Tom And Kate Chappell Familyfoundation 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.