Trudeau Family Foundation Inc
Trudeau Family Foundation shows significant asset growth with highly variable revenue and no reported officer compensation.
EIN: 202369237 · Dearborn, MI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $985K |
| Total Expenses | $98K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is Trudeau Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trudeau Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trudeau Family Foundation Inc
Trudeau Family Foundation Inc (EIN: 202369237) is a nonprofit organization based in Dearborn, MI, classified under NTEE code T22. The organization reported total revenue of $985K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trudeau Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trudeau Family Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $160K |
| Total Expenses | $98K |
| Surplus / Deficit | +$62K |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | 38.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 165.2 months |
Financial Health Grade: A
In 2023, Trudeau Family Foundation Inc reported a surplus of $62K with revenue exceeding expenses, holds 165.2 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), Trudeau Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +96.9% | -11.0% | +5.2% |
| 2022 | -70.7% | +20.3% | -2.0% |
| 2020 | -102.2% | +544.0% | -7.8% |
| 2019 | +2890.2% | +142.2% | +1244.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Trudeau Family Foundation Inc 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, Trudeau Family Foundation Inc 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 $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that officers are not compensated, which is highly unusual for an organization with over $1.3 million in assets and nearly $1 million in latest revenue.
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 Trudeau Family Foundation Inc's IRS 990 filings:
- Highly volatile revenue streams, including negative revenue in 2020, indicating potential instability in funding sources.
- Consistent reporting of $1 in liabilities across all periods, which is unusual and may warrant further investigation into financial reporting practices.
- Lack of detailed expense breakdown in the provided data makes it difficult to fully assess program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for Trudeau Family Foundation Inc:
- Significant and consistent asset growth, from $35,687 in 2011 to $1,351,469 in 2023, demonstrating strong financial stewardship.
- No reported officer compensation, indicating a highly efficient or volunteer-driven leadership structure.
- Expenses generally kept low relative to revenue, suggesting operational efficiency.
- Long history of consistent IRS 990 filings (10 filings), indicating a commitment to transparency.
Frequently Asked Questions about Trudeau Family Foundation Inc
Is Trudeau Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Trudeau Family Foundation Inc (EIN: 202369237) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Trudeau Family Foundation Inc spend its money?
Trudeau Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trudeau Family Foundation Inc tax-deductible?
Trudeau Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202369237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Trudeau Family Foundation Inc CEO make?
Trudeau Family Foundation Inc's highest-compensated officer earns $1.3 annually. The organization reported $985K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Trudeau Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Trudeau Family Foundation Inc 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 Trudeau Family Foundation Inc located?
Trudeau Family Foundation Inc is headquartered in Dearborn, Michigan and files with the IRS under EIN 202369237. It is classified under NTEE code T22.
How many years of IRS 990 filings does Trudeau Family Foundation Inc have?
Trudeau Family Foundation Inc 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 $985K in total revenue.
How does the Trudeau Family Foundation Inc. manage its operations without any reported officer compensation?
The consistent 0% officer compensation suggests that the organization is either entirely volunteer-run at the leadership level, or that compensation is structured in a way that is not reported as 'officer compensation' on the 990 summary, such as through a related entity or as contractor fees. This is a significant factor in its financial efficiency.
What accounts for the extreme variability in the organization's annual revenue?
Revenue has fluctuated wildly, from a negative $-23,282 in 2020 to over $1 million in 2019. This suggests a reliance on large, infrequent donations, grants, or potentially investment gains/losses rather than a stable, recurring income stream from program services.
What are the primary programmatic activities of the Trudeau Family Foundation Inc. given its NTEE code T22?
The NTEE code T22 typically refers to 'Private Grantmaking Foundations.' This suggests the organization primarily functions by making grants to other non-profits or individuals, rather than directly operating programs. The low expenses relative to assets and revenue peaks align with a grantmaking model.
Filing History
IRS 990 filing history for Trudeau Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Trudeau Family Foundation Inc's revenue has grown by 1304.8%, moving from $11K to $160K. Total assets increased by 3687% over the same period, from $36K to $1.4M. Total functional expenses rose by 1095.7%, from $8K to $98K. In its most recent filing year (2023), Trudeau Family Foundation Inc reported a surplus of $62K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $160K | $98K | $1.4M | $1 | — | View 990 |
| 2022 | $81K | $110K | $1.3M | $1 | — | View 990 |
| 2021 | $278K | $92K | $1.3M | $1 | — | View 990 |
| 2020 | $-23,282 | $84K | $1.1M | $1 | — | — |
| 2019 | $1.0M | $13K | $1.2M | $1 | — | View 990 |
| 2015 | $35K | $5K | $91K | $1 | — | View 990 |
| 2014 | $2K | $6K | $65K | $1 | — | View 990 |
| 2013 | $27K | $4K | $62K | $1 | — | View 990 |
| 2012 | $7K | $4K | $39K | $1 | — | View 990 |
| 2011 | $11K | $8K | $36K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $160K, expenses of $98K, and assets of $1.4M (revenue +96.9% year-over-year).
- 2022: Revenue of $81K, expenses of $110K, and assets of $1.3M (revenue -70.7% year-over-year).
- 2021: Revenue of $278K, expenses of $92K, and assets of $1.3M.
- 2020: Revenue of $-23,282, expenses of $84K, and assets of $1.1M (revenue -102.2% year-over-year).
- 2019: Revenue of $1.0M, expenses of $13K, and assets of $1.2M (revenue +2890.2% year-over-year).
- 2015: Revenue of $35K, expenses of $5K, and assets of $91K (revenue +1308.2% year-over-year).
- 2014: Revenue of $2K, expenses of $6K, and assets of $65K (revenue -90.9% year-over-year).
- 2013: Revenue of $27K, expenses of $4K, and assets of $62K (revenue +305.3% year-over-year).
- 2012: Revenue of $7K, expenses of $4K, and assets of $39K (revenue -41.4% year-over-year).
- 2011: Revenue of $11K, expenses of $8K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trudeau Family Foundation Inc:
Data Sources and Methodology
This transparency report for Trudeau Family 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.