Webb Family Foundation
Webb Family Foundation maintains substantial assets while actively funding programs, reporting zero officer compensation.
EIN: 200864199 · Washington, DC · NTEE: T20 · Updated: 2026-03-28
Is Webb Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Webb Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Webb Family Foundation
Webb Family Foundation (EIN: 200864199) is a nonprofit organization based in Washington, DC, classified under NTEE code T20. The organization reported total revenue of $25.8M and total assets of $20.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Webb Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Webb Family Foundation is a large nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-456,015 |
| Total Assets | $21.7M |
| Total Liabilities | $8K |
| Net Assets | $21.7M |
| Operating Margin | -26.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 118.9 months |
Financial Health Grade: B
In 2023, Webb Family Foundation reported a deficit of $456K with expenses exceeding revenue, holds 118.9 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), Webb Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -88.6% | +1.4% | -43.3% |
| 2022 | -16.5% | +92.7% | +52.6% |
| 2021 | +773.1% | -0.1% | +212.6% |
| 2020 | +75.2% | +57.4% | -0.9% |
| 2019 | +181.3% | -3.5% | -15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Webb Family Foundation with a Mission Score of 92 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, Webb 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 $456K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Webb Family Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for a foundation of its size.
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.
Strengths
The following positive indicators were identified for Webb Family Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Substantial asset base ($21,694,078 in 202312) provides long-term financial stability for grantmaking activities.
- Strong program focus, as evidenced by the nature of a grantmaking foundation and the absence of significant fundraising expenses.
- Healthy asset-to-expense ratio, demonstrating capacity to cover operational costs and grants.
- Long filing history (10 filings) indicates established operations and consistent compliance.
Frequently Asked Questions about Webb Family Foundation
Is Webb Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Webb Family Foundation (EIN: 200864199) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Webb Family Foundation spend its money?
Webb Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Webb Family Foundation tax-deductible?
Webb Family Foundation is registered as a tax-exempt nonprofit (EIN: 200864199). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Webb Family Foundation manage its investment portfolio given the significant fluctuations in assets and revenue?
The significant fluctuations in assets (e.g., from $8,026,437 in 202012 to $38,280,921 in 202212) and revenue (e.g., $2,082,913 in 202012 to $18,185,345 in 202112) suggest active investment management and/or reliance on large, infrequent contributions. Further details would be in the investment schedules of the 990-PF or audited financial statements.
What specific programs or grants does the Webb Family Foundation support?
As a grantmaking foundation (NTEE T20), the Webb Family Foundation primarily provides grants to other organizations. The 990 filings would detail the recipients and amounts of these grants in Schedule I, Part II, which is not provided here but would specify their programmatic focus.
What is the reason for the consistent reporting of 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's leadership may be entirely volunteer, or that any compensation for individuals performing executive duties is categorized under other administrative expenses rather than direct officer compensation. This is a strong indicator of cost efficiency.
Filing History
IRS 990 filing history for Webb Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Webb Family Foundation's revenue has grown by 157.4%, moving from $674K to $1.7M. Total assets increased by 150.5% over the same period, from $8.7M to $21.7M. Total functional expenses rose by 226.3%, from $671K to $2.2M. In its most recent filing year (2023), Webb Family Foundation reported a deficit of $456K, with expenses exceeding revenue. The organization holds $8K in liabilities against $21.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.2M | $21.7M | $8K | — | — |
| 2022 | $15.2M | $2.2M | $38.3M | $158K | — | View 990 |
| 2021 | $18.2M | $1.1M | $25.1M | $1K | — | View 990 |
| 2020 | $2.1M | $1.1M | $8.0M | $1 | — | View 990 |
| 2019 | $1.2M | $712K | $8.1M | $0 | — | View 990 |
| 2015 | $423K | $738K | $9.6M | $0 | — | View 990 |
| 2014 | $783K | $386K | $10.6M | $0 | — | View 990 |
| 2013 | $263K | $833K | $10.4M | $0 | — | View 990 |
| 2012 | $1.3M | $86K | $9.4M | $0 | — | View 990 |
| 2011 | $674K | $671K | $8.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.2M, and assets of $21.7M (revenue -88.6% year-over-year).
- 2022: Revenue of $15.2M, expenses of $2.2M, and assets of $38.3M (revenue -16.5% year-over-year).
- 2021: Revenue of $18.2M, expenses of $1.1M, and assets of $25.1M (revenue +773.1% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.1M, and assets of $8.0M (revenue +75.2% year-over-year).
- 2019: Revenue of $1.2M, expenses of $712K, and assets of $8.1M (revenue +181.3% year-over-year).
- 2015: Revenue of $423K, expenses of $738K, and assets of $9.6M (revenue -46.0% year-over-year).
- 2014: Revenue of $783K, expenses of $386K, and assets of $10.6M (revenue +198.0% year-over-year).
- 2013: Revenue of $263K, expenses of $833K, and assets of $10.4M (revenue -80.0% year-over-year).
- 2012: Revenue of $1.3M, expenses of $86K, and assets of $9.4M (revenue +94.6% year-over-year).
- 2011: Revenue of $674K, expenses of $671K, and assets of $8.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Webb Family Foundation:
Data Sources and Methodology
This transparency report for Webb 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.