Tony Stewart Foundation Inc
Tony Stewart Foundation maintains strong assets and no officer compensation, despite recent operating deficit.
EIN: 200160286 · Brownsburg, IN · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $850K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $2.7M |
| Transparency Score | 90/100 |
Is Tony Stewart Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tony Stewart Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tony Stewart Foundation Inc
Tony Stewart Foundation Inc (EIN: 200160286) is a nonprofit organization based in Brownsburg, IN, classified under NTEE code P20. The organization reported total revenue of $1.7M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tony Stewart Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tony Stewart Foundation Inc is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $620K |
| Total Expenses | $850K |
| Surplus / Deficit | $-229,665 |
| Total Assets | $2.7M |
| Total Liabilities | $61K |
| Net Assets | $2.7M |
| Operating Margin | -37.0% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 38.3 months |
Financial Health Grade: B
In 2023, Tony Stewart Foundation Inc reported a deficit of $230K with expenses exceeding revenue, holds 38.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tony Stewart Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.3% | +18.0% | -6.9% |
| 2022 | -9.4% | -6.6% | -5.7% |
| 2021 | +197.7% | +87.0% | +4.4% |
| 2020 | -57.1% | -46.2% | +5.2% |
| 2019 | +25.8% | +22.2% | +12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Tony Stewart Foundation Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Tony Stewart Foundation Inc 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 $230K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.3%.
Executive Compensation Analysis
The Tony Stewart Foundation Inc. reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis, which is highly commendable for an organization of its size with assets exceeding $3 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.
Red Flags
The following concerns were identified during AI analysis of Tony Stewart Foundation Inc's IRS 990 filings:
- Operating deficit in the most recent filing (202312) where expenses ($849,712) exceeded revenue ($620,047).
Strengths
The following positive indicators were identified for Tony Stewart Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating volunteer leadership.
- Strong asset base, consistently above $2.5 million, providing financial resilience.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Relatively low liabilities across most periods, indicating good financial management.
Frequently Asked Questions about Tony Stewart Foundation Inc
Is Tony Stewart Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tony Stewart Foundation Inc (EIN: 200160286) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Tony Stewart Foundation Inc spend its money?
Tony Stewart Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tony Stewart Foundation Inc tax-deductible?
Tony Stewart Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200160286). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tony Stewart Foundation Inc CEO make?
Tony Stewart Foundation Inc's highest-compensated officer earns $3 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tony Stewart Foundation Inc's spending goes to programs?
Tony Stewart Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tony Stewart Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Tony Stewart Foundation Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tony Stewart Foundation Inc located?
Tony Stewart Foundation Inc is headquartered in Brownsburg, Indiana and files with the IRS under EIN 200160286. It is classified under NTEE code P20.
How many years of IRS 990 filings does Tony Stewart Foundation Inc have?
Tony Stewart Foundation Inc has 13 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 $1.7M in total revenue.
Is the Tony Stewart Foundation Inc. financially stable?
Yes, the foundation appears financially stable. While the 202312 period showed a deficit ($620,047 revenue vs. $849,712 expenses), its substantial assets of $2,715,484 (202312) and $3,219,446 (latest reported) provide a strong buffer against short-term fluctuations.
How efficient is the Tony Stewart Foundation Inc. with its spending?
The foundation demonstrates high spending efficiency, particularly given its 0% officer compensation. This suggests a significant portion of funds is directed towards its mission, rather than administrative overhead or executive salaries.
Does the organization have high administrative costs?
Based on the absence of officer compensation and typical nonprofit benchmarks, the administrative costs are likely low. The lack of reported officer compensation is a strong indicator of efficient use of funds.
Filing History
IRS 990 filing history for Tony Stewart Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tony Stewart Foundation Inc's revenue has declined by 77.3%, moving from $2.7M to $620K. Total assets increased by 20.3% over the same period, from $2.3M to $2.7M. Total functional expenses fell by 21.1%, from $1.1M to $850K. In its most recent filing year (2023), Tony Stewart Foundation Inc reported a deficit of $230K, with expenses exceeding revenue. The organization holds $61K in liabilities against $2.7M in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $620K | $850K | $2.7M | $61K | — | — |
| 2022 | $944K | $720K | $2.9M | $17K | — | View 990 |
| 2021 | $1.0M | $772K | $3.1M | $13K | — | View 990 |
| 2020 | $350K | $413K | $3.0M | $71K | — | View 990 |
| 2019 | $816K | $768K | $2.8M | $1K | — | View 990 |
| 2018 | $649K | $628K | $2.5M | $48K | — | View 990 |
| 2017 | $755K | $614K | $2.6M | $80K | — | View 990 |
| 2016 | $849K | $969K | $2.6M | $273K | — | View 990 |
| 2015 | $801K | $864K | $2.5M | $86K | — | View 990 |
| 2014 | $1.0M | $905K | $2.7M | $207K | — | View 990 |
| 2013 | $1.2M | $952K | $2.6M | $264K | — | View 990 |
| 2012 | $1.0M | $747K | $2.4M | $291K | — | View 990 |
| 2011 | $2.7M | $1.1M | $2.3M | $405K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $620K, expenses of $850K, and assets of $2.7M (revenue -34.3% year-over-year).
- 2022: Revenue of $944K, expenses of $720K, and assets of $2.9M (revenue -9.4% year-over-year).
- 2021: Revenue of $1.0M, expenses of $772K, and assets of $3.1M (revenue +197.7% year-over-year).
- 2020: Revenue of $350K, expenses of $413K, and assets of $3.0M (revenue -57.1% year-over-year).
- 2019: Revenue of $816K, expenses of $768K, and assets of $2.8M (revenue +25.8% year-over-year).
- 2018: Revenue of $649K, expenses of $628K, and assets of $2.5M (revenue -14.0% year-over-year).
- 2017: Revenue of $755K, expenses of $614K, and assets of $2.6M (revenue -11.2% year-over-year).
- 2016: Revenue of $849K, expenses of $969K, and assets of $2.6M (revenue +6.1% year-over-year).
- 2015: Revenue of $801K, expenses of $864K, and assets of $2.5M (revenue -20.5% year-over-year).
- 2014: Revenue of $1.0M, expenses of $905K, and assets of $2.7M (revenue -16.3% year-over-year).
- 2013: Revenue of $1.2M, expenses of $952K, and assets of $2.6M (revenue +18.6% year-over-year).
- 2012: Revenue of $1.0M, expenses of $747K, and assets of $2.4M (revenue -62.8% year-over-year).
- 2011: Revenue of $2.7M, expenses of $1.1M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tony Stewart Foundation Inc:
Data Sources and Methodology
This transparency report for Tony Stewart 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.