Van Metre Family Foundation Inc
Van Metre Family Foundation consistently disburses funds, often exceeding annual revenue, with no officer compensation reported.
EIN: 134234557 · Fairfax, VA · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $642K |
| Program Spending | 90% |
| Net Assets | $5.3M |
| Transparency Score | 90/100 |
Is Van Metre 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 →
Van Metre Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Van Metre Family Foundation Inc
Van Metre Family Foundation Inc (EIN: 134234557) is a nonprofit organization based in Fairfax, VA, classified under NTEE code T21. The organization reported total revenue of $2.0M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Van Metre Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Van Metre Family Foundation Inc is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $265K |
| Total Expenses | $642K |
| Surplus / Deficit | $-376,841 |
| Total Assets | $5.3M |
| Total Liabilities | $24K |
| Net Assets | $5.3M |
| Operating Margin | -142.1% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 99.4 months |
Financial Health Grade: B
In 2023, Van Metre Family Foundation Inc reported a deficit of $377K with expenses exceeding revenue, holds 99.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Van Metre Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.2% | +0.8% | -6.4% |
| 2022 | -41.7% | -0.7% | -5.1% |
| 2021 | +96.9% | +45.9% | +0.9% |
| 2020 | -37.6% | +3.3% | -0.6% |
| 2019 | +88.2% | +124.4% | +11.7% |
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 Van Metre Family 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: 90%
- fundraising: 0%
According to IRS 990 filings, Van Metre 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 deficit of $377K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other entities, which is a strong positive for a family foundation's efficiency.
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 Metre Family Foundation Inc's IRS 990 filings:
- Expenses frequently exceed revenue, potentially indicating reliance on asset drawdowns rather than solely current income for grantmaking.
Strengths
The following positive indicators were identified for Van Metre Family Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Stable asset base, consistently above $5 million, providing a strong financial foundation for grantmaking.
- Regular IRS 990 filings demonstrate transparency and accountability.
- Active grantmaking, with significant expenses incurred to fulfill its philanthropic mission, even when exceeding annual revenue.
Frequently Asked Questions about Van Metre Family Foundation Inc
Is Van Metre Family Foundation Inc a legitimate charity?
Van Metre Family Foundation Inc (EIN: 134234557) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.0M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Van Metre Family Foundation Inc spend its money?
Van Metre Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Van Metre Family Foundation Inc tax-deductible?
Van Metre Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134234557). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Van Metre Family Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Van Metre Family Foundation Inc is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Van Metre Family Foundation Inc located?
Van Metre Family Foundation Inc is headquartered in Fairfax, Virginia and files with the IRS under EIN 134234557. It is classified under NTEE code T21.
How many years of IRS 990 filings does Van Metre Family Foundation Inc have?
Van Metre 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 $2.0M in total revenue.
Is Van Metre Family Foundation Inc. a good charity?
Based on the available IRS 990 data, the Van Metre Family Foundation Inc. appears to be a well-managed private foundation. It consistently disburses funds, maintains a healthy asset base, and reports no officer compensation, which are all positive indicators for a grantmaking organization.
How does the foundation manage its expenses relative to its revenue?
In several recent years (e.g., 2023, 2022, 2021, 2020), the foundation's expenses have exceeded its revenue. For instance, in 2023, expenses were $642,043 against revenues of $265,202. This suggests active grantmaking, potentially drawing from its substantial asset base to fulfill its mission.
What is the trend in the foundation's assets?
The foundation has maintained a stable asset base, generally fluctuating between $5 million and $6 million over the past decade. In 2023, assets were $5,317,322, consistent with its long-term financial stability.
Filing History
IRS 990 filing history for Van Metre Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Van Metre Family Foundation Inc's revenue has grown by 39.6%, moving from $190K to $265K. Total assets decreased by 5.5% over the same period, from $5.6M to $5.3M. Total functional expenses rose by 1077.5%, from $55K to $642K. In its most recent filing year (2023), Van Metre Family Foundation Inc reported a deficit of $377K, with expenses exceeding revenue. The organization holds $24K in liabilities against $5.3M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $265K | $642K | $5.3M | $24K | — | — |
| 2022 | $397K | $637K | $5.7M | $10K | — | View 990 |
| 2021 | $680K | $641K | $6.0M | $77K | — | View 990 |
| 2020 | $346K | $439K | $5.9M | $63K | — | View 990 |
| 2019 | $554K | $425K | $6.0M | $2K | — | — |
| 2015 | $294K | $189K | $5.3M | $27 | — | View 990 |
| 2014 | $401K | $204K | $5.2M | $66 | — | View 990 |
| 2013 | $395K | $126K | $5.0M | $665 | — | View 990 |
| 2012 | $244K | $1.1M | $4.8M | $30 | — | View 990 |
| 2011 | $190K | $55K | $5.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $265K, expenses of $642K, and assets of $5.3M (revenue -33.2% year-over-year).
- 2022: Revenue of $397K, expenses of $637K, and assets of $5.7M (revenue -41.7% year-over-year).
- 2021: Revenue of $680K, expenses of $641K, and assets of $6.0M (revenue +96.9% year-over-year).
- 2020: Revenue of $346K, expenses of $439K, and assets of $5.9M (revenue -37.6% year-over-year).
- 2019: Revenue of $554K, expenses of $425K, and assets of $6.0M (revenue +88.2% year-over-year).
- 2015: Revenue of $294K, expenses of $189K, and assets of $5.3M (revenue -26.6% year-over-year).
- 2014: Revenue of $401K, expenses of $204K, and assets of $5.2M (revenue +1.6% year-over-year).
- 2013: Revenue of $395K, expenses of $126K, and assets of $5.0M (revenue +61.5% year-over-year).
- 2012: Revenue of $244K, expenses of $1.1M, and assets of $4.8M (revenue +28.6% year-over-year).
- 2011: Revenue of $190K, expenses of $55K, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Van Metre Family Foundation Inc:
Data Sources and Methodology
This transparency report for Van Metre 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.