Warmenhoven Family Foundation
Warmenhoven Family Foundation maintains substantial assets and low liabilities with no reported officer compensation.
EIN: 205834839 · Cleveland, OH · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $2.3M |
| Program Spending | 90% |
| Net Assets | $42.0M |
| Transparency Score | 85/100 |
Is Warmenhoven Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Warmenhoven Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Warmenhoven Family Foundation
Warmenhoven Family Foundation (EIN: 205834839) is a nonprofit organization based in Cleveland, OH, classified under NTEE code T20. The organization reported total revenue of $4.1M and total assets of $41.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Warmenhoven Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Warmenhoven Family Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-551,490 |
| Total Assets | $42.0M |
| Total Liabilities | $15K |
| Net Assets | $42.0M |
| Operating Margin | -32.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 221.5 months |
Financial Health Grade: B
In 2023, Warmenhoven Family Foundation reported a deficit of $551K with expenses exceeding revenue, holds 221.5 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), Warmenhoven Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.3% | +20.1% | -1.3% |
| 2022 | +19.8% | -9.2% | +3.8% |
| 2021 | -5.8% | -3.3% | +2.0% |
| 2020 | -80.6% | -3.5% | -0.8% |
| 2019 | +215.7% | +71.8% | +524.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Warmenhoven 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: 90%
- fundraising: 0%
According to IRS 990 filings, Warmenhoven Family Foundation 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 $551K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Warmenhoven Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, directors, trustees, or key employees. This suggests a volunteer-led governance structure or that compensation is handled through an external entity, which can be a positive for minimizing administrative overhead.
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 Warmenhoven Family Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- Significant fluctuation in annual revenue, making year-over-year comparisons challenging without context
Strengths
The following positive indicators were identified for Warmenhoven Family Foundation:
- Substantial and growing asset base ($41,782,471 current assets)
- Consistently low liabilities (e.g., $14,614 in 2023)
- 0% reported officer compensation across all filings, indicating efficient use of funds for governance
- Consistent annual expenses suggesting stable operational capacity
Frequently Asked Questions about Warmenhoven Family Foundation
Is Warmenhoven Family Foundation a legitimate charity?
Warmenhoven Family Foundation (EIN: 205834839) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.1M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Warmenhoven Family Foundation spend its money?
Warmenhoven Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Warmenhoven Family Foundation tax-deductible?
Warmenhoven Family Foundation is registered as a tax-exempt nonprofit (EIN: 205834839). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Warmenhoven Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Warmenhoven Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Warmenhoven Family Foundation located?
Warmenhoven Family Foundation is headquartered in Cleveland, Ohio and files with the IRS under EIN 205834839. It is classified under NTEE code T20.
How many years of IRS 990 filings does Warmenhoven Family Foundation have?
Warmenhoven 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 $4.1M in total revenue.
Is Warmenhoven Family Foundation a good charity?
Based on the available IRS 990 data, the Warmenhoven Family Foundation appears to be a financially sound organization with substantial assets and very low liabilities. The consistent reporting of 0% officer compensation is a strong positive, suggesting efficient use of funds. However, without detailed program spending breakdowns, it's difficult to fully assess the direct impact of their charitable activities.
How does the foundation's asset growth compare to its revenue?
The foundation's assets have grown significantly from $3.5 million in 2011 to over $41 million currently. This growth has occurred alongside fluctuating annual revenues, indicating effective asset management and investment strategies, rather than solely relying on annual contributions.
What is the trend in the foundation's expenses?
The foundation's expenses have shown a gradual increase over the years, from around $1 million in 2011-2015 to consistently between $1.8 million and $2.3 million in recent years (2020-2023). This suggests an increase in operational or grant-making activities.
Filing History
IRS 990 filing history for Warmenhoven Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Warmenhoven Family Foundation's revenue has declined by 34.7%, moving from $2.6M to $1.7M. Total assets increased by 1083.8% over the same period, from $3.5M to $42.0M. Total functional expenses rose by 118.4%, from $1.0M to $2.3M. In its most recent filing year (2023), Warmenhoven Family Foundation reported a deficit of $551K, with expenses exceeding revenue. The organization holds $15K in liabilities against $42.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $42.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.3M | $42.0M | $15K | — | — |
| 2022 | $3.5M | $1.9M | $42.6M | $15K | — | View 990 |
| 2021 | $2.9M | $2.1M | $41.0M | $15K | — | View 990 |
| 2020 | $3.1M | $2.2M | $40.2M | $13K | — | View 990 |
| 2019 | $15.8M | $2.2M | $40.5M | $13K | — | View 990 |
| 2015 | $5.0M | $1.3M | $6.5M | $10K | — | View 990 |
| 2014 | $6.4M | $1.3M | $6.6M | $11K | — | View 990 |
| 2013 | $2.6M | $1.2M | $3.6M | $10K | — | View 990 |
| 2012 | $1K | $1.3M | $2.2M | $11K | — | View 990 |
| 2011 | $2.6M | $1.0M | $3.5M | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.3M, and assets of $42.0M (revenue -50.3% year-over-year).
- 2022: Revenue of $3.5M, expenses of $1.9M, and assets of $42.6M (revenue +19.8% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.1M, and assets of $41.0M (revenue -5.8% year-over-year).
- 2020: Revenue of $3.1M, expenses of $2.2M, and assets of $40.2M (revenue -80.6% year-over-year).
- 2019: Revenue of $15.8M, expenses of $2.2M, and assets of $40.5M (revenue +215.7% year-over-year).
- 2015: Revenue of $5.0M, expenses of $1.3M, and assets of $6.5M (revenue -21.8% year-over-year).
- 2014: Revenue of $6.4M, expenses of $1.3M, and assets of $6.6M (revenue +142.9% year-over-year).
- 2013: Revenue of $2.6M, expenses of $1.2M, and assets of $3.6M (revenue +244877.1% year-over-year).
- 2012: Revenue of $1K, expenses of $1.3M, and assets of $2.2M (revenue -100.0% year-over-year).
- 2011: Revenue of $2.6M, expenses of $1.0M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Warmenhoven Family Foundation:
Data Sources and Methodology
This transparency report for Warmenhoven 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.