Van Singel Family Foundation
Van Singel Family Foundation maintains strong assets and zero officer compensation despite fluctuating revenues and occasional operating deficits.
EIN: 203890112 · Alto, MI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $456K |
| Total Expenses | $143K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1,088,090 |
| Net Assets | $954K |
| Transparency Score | 85/100 |
Is Van Singel Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Van Singel Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Van Singel Family Foundation
Van Singel Family Foundation (EIN: 203890112) is a nonprofit organization based in Alto, MI, classified under NTEE code T22. The organization reported total revenue of $456K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Van Singel Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Van Singel Family Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $111K |
| Total Expenses | $143K |
| Surplus / Deficit | $-31,873 |
| Total Assets | $954K |
| Total Liabilities | $1 |
| Net Assets | $954K |
| Operating Margin | -28.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 80.2 months |
Financial Health Grade: B
In 2023, Van Singel Family Foundation reported a deficit of $32K with expenses exceeding revenue, holds 80.2 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), Van Singel Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.0% | +42.3% | -3.2% |
| 2022 | -48.2% | -36.2% | +0.5% |
| 2021 | +167.0% | +7.0% | +5.0% |
| 2020 | +77.4% | +26.0% | -6.7% |
| 2019 | -45.7% | -17.8% | -21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Singel 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: 85%
- fundraising: 5%
According to IRS 990 filings, Van Singel Family 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 deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officer salaries are paid, which is highly unusual for an organization of its asset size ($1,088,090) and suggests a volunteer-led or very lean operational structure.
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 Singel Family Foundation's IRS 990 filings:
- Frequent periods where expenses exceed revenue, potentially drawing down assets (e.g., 202312, 202012, 201912)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data, limiting full efficiency analysis
Strengths
The following positive indicators were identified for Van Singel Family Foundation:
- Consistently reports 0% officer compensation, indicating high efficiency in executive overhead
- Maintains a strong and stable asset base, consistently over $900,000
- Extremely low liabilities, often reported as $1, demonstrating strong financial management and minimal debt
- Long history of IRS 990 filings (10 filings), indicating consistent compliance and transparency
Frequently Asked Questions about Van Singel Family Foundation
Is Van Singel Family Foundation a legitimate charity?
Van Singel Family Foundation (EIN: 203890112) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $456K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Van Singel Family Foundation spend its money?
Van Singel Family Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Van Singel Family Foundation tax-deductible?
Van Singel Family Foundation is registered as a tax-exempt nonprofit (EIN: 203890112). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Van Singel Family Foundation CEO make?
Van Singel Family Foundation's highest-compensated officer earns $1,088,090 annually. The organization reported $456K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Van Singel Family Foundation's spending goes to programs?
Van Singel Family Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Van Singel Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Van Singel 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 Van Singel Family Foundation located?
Van Singel Family Foundation is headquartered in Alto, Michigan and files with the IRS under EIN 203890112. It is classified under NTEE code T22.
How many years of IRS 990 filings does Van Singel Family Foundation have?
Van Singel 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 $456K in total revenue.
How does the Van Singel Family Foundation fund its operations when expenses exceed revenue?
The foundation likely draws from its substantial asset base to cover operational expenses during periods when revenue does not meet expenditures, as seen in periods like 202312 where expenses ($142,860) exceeded revenue ($110,987).
What specific programs does the Van Singel Family Foundation support?
The provided data does not specify the exact programs or beneficiaries, only the NTEE code T22, which generally relates to philanthropic organizations. Further detail would require reviewing the full IRS 990 forms or the organization's website.
How does the foundation manage to operate with 0% officer compensation?
The consistent 0% officer compensation suggests that the foundation is either entirely volunteer-run at the executive level or that executive functions are performed by individuals compensated through other means not classified as officer compensation, or by an affiliated entity.
What is the long-term trend of the foundation's assets?
The foundation's assets have fluctuated but remained robust, generally above $900,000, peaking at $1,346,890 in 201312 and currently standing at $1,088,090, indicating a stable financial base over the long term despite some decline from peak levels.
Filing History
IRS 990 filing history for Van Singel Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Van Singel Family Foundation's revenue has grown by 301.5%, moving from $28K to $111K. Total assets decreased by 24.5% over the same period, from $1.3M to $954K. Total functional expenses rose by 39.9%, from $102K to $143K. In its most recent filing year (2023), Van Singel Family Foundation reported a deficit of $32K, with expenses exceeding revenue. The organization holds $1 in liabilities against $954K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $954K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $111K | $143K | $954K | $1 | — | View 990 |
| 2022 | $106K | $100K | $986K | $1 | — | View 990 |
| 2021 | $204K | $157K | $981K | $1 | — | View 990 |
| 2020 | $77K | $147K | $934K | $1 | — | — |
| 2019 | $43K | $117K | $1.0M | $1 | — | View 990 |
| 2015 | $79K | $142K | $1.3M | $1 | — | View 990 |
| 2014 | $98K | $111K | $1.3M | $1 | — | View 990 |
| 2013 | $202K | $106K | $1.3M | $1 | — | View 990 |
| 2012 | $68K | $96K | $1.2M | $0 | — | View 990 |
| 2011 | $28K | $102K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $111K, expenses of $143K, and assets of $954K (revenue +5.0% year-over-year).
- 2022: Revenue of $106K, expenses of $100K, and assets of $986K (revenue -48.2% year-over-year).
- 2021: Revenue of $204K, expenses of $157K, and assets of $981K (revenue +167.0% year-over-year).
- 2020: Revenue of $77K, expenses of $147K, and assets of $934K (revenue +77.4% year-over-year).
- 2019: Revenue of $43K, expenses of $117K, and assets of $1.0M (revenue -45.7% year-over-year).
- 2015: Revenue of $79K, expenses of $142K, and assets of $1.3M (revenue -18.7% year-over-year).
- 2014: Revenue of $98K, expenses of $111K, and assets of $1.3M (revenue -51.7% year-over-year).
- 2013: Revenue of $202K, expenses of $106K, and assets of $1.3M (revenue +199.0% year-over-year).
- 2012: Revenue of $68K, expenses of $96K, and assets of $1.2M (revenue +144.7% year-over-year).
- 2011: Revenue of $28K, expenses of $102K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Van Singel Family Foundation:
Data Sources and Methodology
This transparency report for Van Singel 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.