Trade Family Foundation
Trade Family Foundation maintains substantial assets with volunteer leadership, despite fluctuating annual revenues and expenses.
EIN: 205940392 · Greenville, NC · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $730K |
| Total Expenses | $297K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4,893,958. |
| Net Assets | $4.4M |
| Transparency Score | 85/100 |
Is Trade Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trade Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trade Family Foundation
Trade Family Foundation (EIN: 205940392) is a nonprofit organization based in Greenville, NC, classified under NTEE code T22. The organization reported total revenue of $730K and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trade Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trade Family Foundation is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $400K |
| Total Expenses | $297K |
| Surplus / Deficit | +$104K |
| Total Assets | $4.9M |
| Total Liabilities | $467K |
| Net Assets | $4.4M |
| Operating Margin | 25.9% |
| Debt-to-Asset Ratio | 9.5% |
| Months of Reserves | 198.0 months |
Financial Health Grade: A
In 2023, Trade Family Foundation reported a surplus of $104K with revenue exceeding expenses, holds 198.0 months of operating reserves (strong position), has a debt-to-asset ratio of 9.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Trade Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +70.4% | -1.1% | -12.6% |
| 2022 | +32.8% | +55.3% | -1.6% |
| 2021 | +82.5% | +16.5% | +29.1% |
| 2020 | +1.2% | -42.9% | -1.5% |
| 2019 | +20.4% | -40.5% | -26.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Trade Family Foundation with a Mission Score of 85 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, Trade 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 surplus of $104K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.5%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for an organization of its size with assets of $4,893,958.
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 Trade Family Foundation's IRS 990 filings:
- Fluctuating annual revenues, making long-term operational planning potentially challenging.
- Significant decline in assets from $6,697,424 in 2011 to $4,893,958 in 2023, suggesting some draw-down on endowment or investments.
Strengths
The following positive indicators were identified for Trade Family Foundation:
- Consistent 0% officer compensation, indicating highly efficient use of funds.
- Substantial asset base of $4,893,958 in 2023, providing financial stability.
- Recent positive net income in 2023 ($400,079 revenue vs. $296,579 expenses).
- Long history of IRS 990 filings, demonstrating transparency.
Frequently Asked Questions about Trade Family Foundation
Is Trade Family Foundation a legitimate charity?
Trade Family Foundation (EIN: 205940392) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $730K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Trade Family Foundation spend its money?
Trade Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Trade Family Foundation tax-deductible?
Trade Family Foundation is registered as a tax-exempt nonprofit (EIN: 205940392). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Trade Family Foundation CEO make?
Trade Family Foundation's highest-compensated officer earns $4,893,958. annually. The organization reported $730K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Trade Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Trade 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 Trade Family Foundation located?
Trade Family Foundation is headquartered in Greenville, North Carolina and files with the IRS under EIN 205940392. It is classified under NTEE code T22.
How many years of IRS 990 filings does Trade Family Foundation have?
Trade 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 $730K in total revenue.
Is Trade Family Foundation a good charity?
Based on its consistent 0% officer compensation, substantial asset base ($4,893,958 in 2023), and recent positive net income ($400,079 revenue vs. $296,579 expenses in 2023), the foundation appears to be a financially responsible and efficient organization, likely directing all funds to its programs.
How has the foundation's financial health changed over time?
The foundation's assets have decreased from a peak of $6,697,424 in 2011 to $4,893,958 in 2023. Revenue has been highly variable, with a high of $1,624,628 in 2014 and lows around $95,000 in 2019-2020, but has shown an upward trend in the most recent years (e.g., $400,079 in 2023).
What is the organization's approach to executive compensation?
The Trade Family Foundation has consistently reported 0% officer compensation in all available filings, indicating that its executive leadership serves on a volunteer basis.
Filing History
IRS 990 filing history for Trade Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Trade Family Foundation's revenue has grown by 34.7%, moving from $297K to $400K. Total assets decreased by 26.9% over the same period, from $6.7M to $4.9M. Total functional expenses rose by 32.9%, from $223K to $297K. In its most recent filing year (2023), Trade Family Foundation reported a surplus of $104K, with revenue exceeding expenses. The organization holds $467K in liabilities against $4.9M in assets (debt-to-asset ratio: 9.5%), resulting in net assets of $4.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $400K | $297K | $4.9M | $467K | — | View 990 |
| 2022 | $235K | $300K | $5.6M | $1.3M | — | View 990 |
| 2021 | $177K | $193K | $5.7M | $1.3M | — | — |
| 2020 | $97K | $166K | $4.4M | $1 | — | View 990 |
| 2019 | $96K | $290K | $4.5M | $1 | — | View 990 |
| 2015 | $80K | $488K | $6.1M | $1 | — | View 990 |
| 2014 | $1.6M | $966K | $6.5M | $1 | — | View 990 |
| 2013 | $108K | $454K | $6.3M | $455K | — | View 990 |
| 2012 | $102K | $204K | $6.6M | $444K | — | View 990 |
| 2011 | $297K | $223K | $6.7M | $444K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $400K, expenses of $297K, and assets of $4.9M (revenue +70.4% year-over-year).
- 2022: Revenue of $235K, expenses of $300K, and assets of $5.6M (revenue +32.8% year-over-year).
- 2021: Revenue of $177K, expenses of $193K, and assets of $5.7M (revenue +82.5% year-over-year).
- 2020: Revenue of $97K, expenses of $166K, and assets of $4.4M (revenue +1.2% year-over-year).
- 2019: Revenue of $96K, expenses of $290K, and assets of $4.5M (revenue +20.4% year-over-year).
- 2015: Revenue of $80K, expenses of $488K, and assets of $6.1M (revenue -95.1% year-over-year).
- 2014: Revenue of $1.6M, expenses of $966K, and assets of $6.5M (revenue +1405.7% year-over-year).
- 2013: Revenue of $108K, expenses of $454K, and assets of $6.3M (revenue +5.5% year-over-year).
- 2012: Revenue of $102K, expenses of $204K, and assets of $6.6M (revenue -65.5% year-over-year).
- 2011: Revenue of $297K, expenses of $223K, and assets of $6.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trade Family Foundation:
Data Sources and Methodology
This transparency report for Trade 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.