Vogel Family Foundation Inc
Vogel Family Foundation consistently grows assets with zero reported officer compensation.
EIN: 202015587 · Atlanta, GA · NTEE: T22 · Updated: 2026-03-28
Is Vogel 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 →
Vogel Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vogel Family Foundation Inc
Vogel Family Foundation Inc (EIN: 202015587) is a nonprofit organization based in Atlanta, GA, classified under NTEE code T22. The organization reported total revenue of $2.1M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vogel Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vogel Family Foundation Inc 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 31.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $775K |
| Surplus / Deficit | +$1.5M |
| Total Assets | $9.2M |
| Total Liabilities | $1 |
| Net Assets | $9.2M |
| Operating Margin | 65.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 142.4 months |
Financial Health Grade: A
In 2023, Vogel Family Foundation Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 142.4 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), Vogel Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.3% | +6.0% | +19.1% |
| 2022 | +1605.8% | +18.0% | +29.2% |
| 2021 | -90.6% | +2.7% | -7.4% |
| 2020 | +12.2% | +2.9% | +17.1% |
| 2019 | +44.2% | +38.4% | +39.1% |
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 Vogel Family Foundation Inc with a Mission Score of 95 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, Vogel 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 $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization with assets nearing $10 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 Vogel Family Foundation Inc's IRS 990 filings:
- Unusually low reported liabilities across all periods (often $0 or $1), which could indicate simplified reporting or a highly liquid financial structure.
Strengths
The following positive indicators were identified for Vogel Family Foundation Inc:
- Consistent asset growth, from $3,574,087 in 2011 to $9,190,840 in 2023.
- Zero reported officer compensation across all filings, indicating high volunteer engagement or extremely lean administrative costs.
- Strong financial efficiency with expenses consistently well below revenue, e.g., $774,618 expenses vs. $2,259,674 revenue in 2023.
- Long and consistent IRS 990 filing history (10 filings), demonstrating transparency and compliance.
- Significant revenue generation, with latest revenue at $2,074,437, supporting its grantmaking capacity.
Frequently Asked Questions about Vogel Family Foundation Inc
Is Vogel Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vogel Family Foundation Inc (EIN: 202015587) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Vogel Family Foundation Inc spend its money?
Vogel Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vogel Family Foundation Inc tax-deductible?
Vogel Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202015587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Vogel Family Foundation Inc. a good charity?
Based on its financial data, the Vogel Family Foundation Inc. appears to be a very good charity, particularly for its efficiency and transparency. It consistently grows its assets, maintains low expenses relative to revenue, and reports no officer compensation, suggesting a strong commitment to its mission.
How does the foundation manage to have 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the foundation's leadership may be entirely volunteer-based, or that any compensation is structured in a way that does not fall under the 'officer compensation' category on the Form 990, which is rare for an organization of its size and asset base.
What is the primary use of the foundation's revenue?
Given its NTEE code (T22 - Private Grantmaking Foundations) and the significant growth in assets alongside relatively low expenses, a substantial portion of the foundation's revenue is likely used for grantmaking activities and reinvestment to grow its endowment, rather than high operational costs.
Filing History
IRS 990 filing history for Vogel Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Vogel Family Foundation Inc's revenue has grown by 2593.1%, moving from $84K to $2.3M. Total assets increased by 157.2% over the same period, from $3.6M to $9.2M. Total functional expenses rose by 167.2%, from $290K to $775K. In its most recent filing year (2023), Vogel Family Foundation Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1 in liabilities against $9.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $775K | $9.2M | $1 | — | — |
| 2022 | $2.5M | $730K | $7.7M | $8K | — | View 990 |
| 2021 | $144K | $619K | $6.0M | $1 | — | View 990 |
| 2020 | $1.5M | $603K | $6.4M | $1 | — | — |
| 2019 | $1.4M | $586K | $5.5M | $0 | — | View 990 |
| 2015 | $953K | $424K | $4.0M | $0 | — | View 990 |
| 2014 | $239K | $448K | $3.4M | $0 | — | View 990 |
| 2013 | $139K | $396K | $3.6M | $0 | — | View 990 |
| 2012 | $663K | $342K | $3.9M | $0 | — | View 990 |
| 2011 | $84K | $290K | $3.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $775K, and assets of $9.2M (revenue -8.3% year-over-year).
- 2022: Revenue of $2.5M, expenses of $730K, and assets of $7.7M (revenue +1605.8% year-over-year).
- 2021: Revenue of $144K, expenses of $619K, and assets of $6.0M (revenue -90.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $603K, and assets of $6.4M (revenue +12.2% year-over-year).
- 2019: Revenue of $1.4M, expenses of $586K, and assets of $5.5M (revenue +44.2% year-over-year).
- 2015: Revenue of $953K, expenses of $424K, and assets of $4.0M (revenue +298.9% year-over-year).
- 2014: Revenue of $239K, expenses of $448K, and assets of $3.4M (revenue +72.5% year-over-year).
- 2013: Revenue of $139K, expenses of $396K, and assets of $3.6M (revenue -79.1% year-over-year).
- 2012: Revenue of $663K, expenses of $342K, and assets of $3.9M (revenue +690.3% year-over-year).
- 2011: Revenue of $84K, expenses of $290K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vogel Family Foundation Inc:
Data Sources and Methodology
This transparency report for Vogel 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.