Waldorf Family Foundation Inc
Waldorf Family Foundation consistently spends more than it earns, drawing down assets over the last decade.
EIN: 113136497 · Portland, OR · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $770K |
| Total Expenses | $29K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $777,734. |
| Net Assets | $778K |
| Transparency Score | 65/100 |
Is Waldorf 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 →
Waldorf Family Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Waldorf Family Foundation Inc
Waldorf Family Foundation Inc (EIN: 113136497) is a nonprofit organization based in Portland, OR. The organization reported total revenue of $770K and total assets of $782K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Waldorf Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Waldorf Family Foundation Inc is a small nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $29K |
| Surplus / Deficit | $-21,049 |
| Total Assets | $778K |
| Total Liabilities | $1 |
| Net Assets | $778K |
| Operating Margin | -266.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 322.5 months |
Financial Health Grade: B
In 2023, Waldorf Family Foundation Inc reported a deficit of $21K with expenses exceeding revenue, holds 322.5 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), Waldorf Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -87.7% | -38.5% | +4.4% |
| 2022 | +10.3% | -22.3% | -14.7% |
| 2021 | +80.5% | -62.1% | -0.5% |
| 2020 | +21.7% | +106.3% | -12.1% |
| 2019 | +76.3% | -5.5% | -14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Waldorf Family Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, Waldorf Family Foundation Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% 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 $21K, with expenses exceeding revenue.
- 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 entirely volunteer-based, which is highly commendable for a foundation of its size with assets around $777,734.
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 Waldorf Family Foundation Inc's IRS 990 filings:
- Consistent deficit spending, with expenses exceeding revenue in most recent years (e.g., 2023 expenses $28,939 vs. revenue $7,890).
- Significant decline in assets over the past decade, from $1,170,648 in 2013 to $777,734 in 2023, indicating asset depletion.
Strengths
The following positive indicators were identified for Waldorf Family Foundation Inc:
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds for administrative overhead.
- Extremely low liabilities consistently reported, demonstrating strong debt management.
- Maintains a substantial asset base ($777,734 in 2023) despite consistent deficit spending.
Frequently Asked Questions about Waldorf Family Foundation Inc
Is Waldorf Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Waldorf Family Foundation Inc (EIN: 113136497) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Waldorf Family Foundation Inc spend its money?
Waldorf Family Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Waldorf Family Foundation Inc tax-deductible?
Waldorf Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113136497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Waldorf Family Foundation Inc CEO make?
Waldorf Family Foundation Inc's highest-compensated officer earns $777,734. annually. The organization reported $770K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Waldorf Family Foundation Inc located?
Waldorf Family Foundation Inc is headquartered in Portland, Oregon and files with the IRS under EIN 113136497.
How many years of IRS 990 filings does Waldorf Family Foundation Inc have?
Waldorf 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 $770K in total revenue.
Is Waldorf Family Foundation Inc. financially sustainable?
Based on the trend of expenses consistently exceeding revenue in most recent years (e.g., 2023 revenue $7,890 vs. expenses $28,939), the organization appears to be drawing down its assets, which is not sustainable in the long term without a significant increase in revenue.
What is the primary source of the organization's funding?
The filings show fluctuating revenue, with a peak of $714,824 in 2013, but more recent years show significantly lower revenue (e.g., $7,890 in 2023). Without further detail on the nature of this revenue, it's difficult to pinpoint the primary source, but it does not appear to be consistent large-scale public support.
How does the organization manage its liabilities?
The organization consistently reports extremely low liabilities, often $1 or less, across all filings, indicating very strong management of debt and financial obligations.
Filing History
IRS 990 filing history for Waldorf Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Waldorf Family Foundation Inc's revenue has declined by 69%, moving from $25K to $8K. Total assets increased by 58.2% over the same period, from $492K to $778K. Total functional expenses fell by 80.1%, from $145K to $29K. In its most recent filing year (2023), Waldorf Family Foundation Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $1 in liabilities against $778K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $778K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $29K | $778K | $1 | — | — |
| 2022 | $64K | $47K | $745K | $1 | — | View 990 |
| 2021 | $58K | $61K | $874K | $1 | — | View 990 |
| 2020 | $32K | $160K | $878K | $1 | — | — |
| 2019 | $27K | $77K | $999K | $1 | — | View 990 |
| 2015 | $15K | $82K | $1.2M | $1 | — | View 990 |
| 2014 | $34K | $12K | $1.2M | $-2,875 | — | View 990 |
| 2013 | $715K | $88K | $1.2M | $-27,979 | — | View 990 |
| 2012 | $130K | $50K | $572K | $0 | — | View 990 |
| 2011 | $25K | $145K | $492K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $29K, and assets of $778K (revenue -87.7% year-over-year).
- 2022: Revenue of $64K, expenses of $47K, and assets of $745K (revenue +10.3% year-over-year).
- 2021: Revenue of $58K, expenses of $61K, and assets of $874K (revenue +80.5% year-over-year).
- 2020: Revenue of $32K, expenses of $160K, and assets of $878K (revenue +21.7% year-over-year).
- 2019: Revenue of $27K, expenses of $77K, and assets of $999K (revenue +76.3% year-over-year).
- 2015: Revenue of $15K, expenses of $82K, and assets of $1.2M (revenue -55.4% year-over-year).
- 2014: Revenue of $34K, expenses of $12K, and assets of $1.2M (revenue -95.3% year-over-year).
- 2013: Revenue of $715K, expenses of $88K, and assets of $1.2M (revenue +448.4% year-over-year).
- 2012: Revenue of $130K, expenses of $50K, and assets of $572K (revenue +412.5% year-over-year).
- 2011: Revenue of $25K, expenses of $145K, and assets of $492K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Waldorf Family Foundation Inc:
Data Sources and Methodology
This transparency report for Waldorf 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.