Van Der Stricht Foundation
Van Der Stricht Foundation maintains strong asset growth and minimal liabilities with no reported officer compensation.
EIN: 202717846 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
Is Van Der Stricht Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Van Der Stricht Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Van Der Stricht Foundation
Van Der Stricht Foundation (EIN: 202717846) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $1.6M and total assets of $6.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Van Der Stricht Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Van Der Stricht Foundation is a mid-size 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 -14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $855K |
| Surplus / Deficit | +$242K |
| Total Assets | $6.7M |
| Total Liabilities | $1 |
| Net Assets | $6.7M |
| Operating Margin | 22.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 93.6 months |
Financial Health Grade: A
In 2023, Van Der Stricht Foundation reported a surplus of $242K with revenue exceeding expenses, holds 93.6 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), Van Der Stricht Foundation's revenue has declined at a compound annual growth rate (CAGR) of -14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.2% | +103.5% | +3.8% |
| 2022 | -7.9% | -41.4% | +4.7% |
| 2021 | -14.5% | +19.6% | +1.0% |
| 2020 | +221.2% | +48.0% | +5.4% |
| 2019 | -65.7% | -30.2% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Van Der Stricht Foundation 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, Van Der Stricht Foundation 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 surplus of $242K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Van Der Stricht Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through mechanisms not categorized as officer compensation on the 990, which is highly unusual for an organization with assets exceeding $6 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 Van Der Stricht Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
- Consistent $1 liability reported across multiple years may be an artifact or simplification, warranting clarification.
Strengths
The following positive indicators were identified for Van Der Stricht Foundation:
- Consistent asset growth, from $6,039,717 in 2011 to $6,666,319 in 2023.
- Extremely low liabilities, often reported as $1, indicating strong financial stability.
- No reported officer compensation across all filings, suggesting high dedication to mission.
- Expenses consistently lower than revenue in most periods, allowing for asset accumulation.
- Long history of IRS 990 filings (10 filings), demonstrating transparency and accountability.
Frequently Asked Questions about Van Der Stricht Foundation
Is Van Der Stricht Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Van Der Stricht Foundation (EIN: 202717846) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Van Der Stricht Foundation spend its money?
Van Der Stricht Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Van Der Stricht Foundation tax-deductible?
Van Der Stricht Foundation is registered as a tax-exempt nonprofit (EIN: 202717846). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Van Der Stricht Foundation a good charity?
Based on the available data, the Van Der Stricht Foundation appears to be a financially sound and well-managed organization. It consistently grows its assets, maintains minimal liabilities, and reports no officer compensation, suggesting a strong focus on its mission and efficient use of resources. However, without a detailed breakdown of program vs. administrative expenses, a definitive 'good' rating is based on these positive indicators.
How has the foundation's financial health changed over time?
The foundation's financial health has generally improved over time. Assets have grown from $6,039,717 in 2011 to $6,666,319 in 2023. While revenue has fluctuated, it has shown a positive trend in recent years, and expenses have consistently been managed below revenue, leading to asset accumulation.
What is the significance of 0% officer compensation?
The 0% officer compensation reported across all filings is significant as it suggests that the foundation's leadership may be volunteer-based or that compensation is structured in a way that it is not reported under 'officer compensation' on the 990. This can indicate a high dedication to directing funds towards the mission rather than executive salaries, though it warrants further investigation for clarity.
Filing History
IRS 990 filing history for Van Der Stricht Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Van Der Stricht Foundation's revenue has declined by 84.7%, moving from $7.2M to $1.1M. Total assets increased by 10.4% over the same period, from $6.0M to $6.7M. Total functional expenses rose by 144.4%, from $350K to $855K. In its most recent filing year (2023), Van Der Stricht Foundation reported a surplus of $242K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $855K | $6.7M | $1 | — | — |
| 2022 | $716K | $420K | $6.4M | $1 | — | View 990 |
| 2021 | $777K | $717K | $6.1M | $1 | — | — |
| 2020 | $910K | $600K | $6.1M | $1 | — | — |
| 2019 | $283K | $405K | $5.8M | $1 | — | View 990 |
| 2015 | $826K | $581K | $6.2M | $0 | — | View 990 |
| 2014 | $344K | $264K | $5.9M | $0 | — | View 990 |
| 2013 | $288K | $394K | $5.8M | $0 | — | View 990 |
| 2012 | $205K | $322K | $5.9M | $0 | — | View 990 |
| 2011 | $7.2M | $350K | $6.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $855K, and assets of $6.7M (revenue +53.2% year-over-year).
- 2022: Revenue of $716K, expenses of $420K, and assets of $6.4M (revenue -7.9% year-over-year).
- 2021: Revenue of $777K, expenses of $717K, and assets of $6.1M (revenue -14.5% year-over-year).
- 2020: Revenue of $910K, expenses of $600K, and assets of $6.1M (revenue +221.2% year-over-year).
- 2019: Revenue of $283K, expenses of $405K, and assets of $5.8M (revenue -65.7% year-over-year).
- 2015: Revenue of $826K, expenses of $581K, and assets of $6.2M (revenue +139.9% year-over-year).
- 2014: Revenue of $344K, expenses of $264K, and assets of $5.9M (revenue +19.7% year-over-year).
- 2013: Revenue of $288K, expenses of $394K, and assets of $5.8M (revenue +40.6% year-over-year).
- 2012: Revenue of $205K, expenses of $322K, and assets of $5.9M (revenue -97.1% year-over-year).
- 2011: Revenue of $7.2M, expenses of $350K, and assets of $6.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Van Der Stricht Foundation:
Data Sources and Methodology
This transparency report for Van Der Stricht 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.