William And Kathryn Scripps Family Foundation Inc
William And Kathryn Scripps Family Foundation Inc. shows volatile revenue and consistent asset depletion over the last decade.
EIN: 200514611 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $717K |
| Program Spending | 70% |
| Net Assets | $1.4M |
| Transparency Score | 60/100 |
Is William And Kathryn Scripps 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 →
William And Kathryn Scripps Family Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About William And Kathryn Scripps Family Foundation Inc
William And Kathryn Scripps Family Foundation Inc (EIN: 200514611) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $5.7M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William And Kathryn Scripps Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William And Kathryn Scripps 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 11.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $717K |
| Surplus / Deficit | +$358K |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | 33.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 23.0 months |
Financial Health Grade: A
In 2023, William And Kathryn Scripps Family Foundation Inc reported a surplus of $358K with revenue exceeding expenses, holds 23.0 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), William And Kathryn Scripps Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2656.1% | -63.4% | +35.2% |
| 2022 | -92.1% | -2.8% | -65.4% |
| 2021 | +15.6% | +83.7% | -34.1% |
| 2019 | -109.2% | +126.3% | +20591.5% |
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 William And Kathryn Scripps Family Foundation Inc with a Mission Score of 60 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: 70%
- fundraising: 10%
According to IRS 990 filings, William And Kathryn Scripps Family Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $358K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through means not reflected in this specific disclosure, which is a positive for resource allocation.
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 William And Kathryn Scripps Family Foundation Inc's IRS 990 filings:
- Consistent asset depletion: Assets decreased from $5,131,488 in 2019 to $1,373,150 in 2023, indicating spending beyond current income.
- Frequent periods of expenses exceeding revenue: In multiple years (e.g., 2022, 2021, 2020, 2019), expenses significantly outpaced revenue, suggesting an unsustainable operational model without asset drawdowns.
- Highly volatile revenue: Revenue figures show extreme swings, including negative revenue in 2019, which can make financial planning and stability challenging.
Strengths
The following positive indicators were identified for William And Kathryn Scripps Family Foundation Inc:
- Extremely low liabilities: Consistently reporting $1 in liabilities across all filings indicates a very strong balance sheet with minimal debt.
- No reported officer compensation: The 0% officer compensation suggests that leadership is either volunteer-based or compensated through other means, potentially allowing more funds for mission-related activities.
Frequently Asked Questions about William And Kathryn Scripps Family Foundation Inc
Is William And Kathryn Scripps Family Foundation Inc a legitimate charity?
William And Kathryn Scripps Family Foundation Inc (EIN: 200514611) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.7M. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does William And Kathryn Scripps Family Foundation Inc spend its money?
William And Kathryn Scripps Family Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to William And Kathryn Scripps Family Foundation Inc tax-deductible?
William And Kathryn Scripps Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200514611). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of William And Kathryn Scripps Family Foundation Inc's spending goes to programs?
William And Kathryn Scripps Family Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does William And Kathryn Scripps Family Foundation Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), William And Kathryn Scripps Family Foundation Inc 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 William And Kathryn Scripps Family Foundation Inc located?
William And Kathryn Scripps Family Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 200514611. It is classified under NTEE code T20.
How many years of IRS 990 filings does William And Kathryn Scripps Family Foundation Inc have?
William And Kathryn Scripps 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 $5.7M in total revenue.
Why have assets decreased significantly from $5,131,488 in 2019 to $1,373,150 in 2023?
The consistent trend of expenses exceeding revenue in multiple years (e.g., 2022, 2021, 2020, 2019) suggests the foundation has been drawing down its assets to cover operational costs and grantmaking, leading to the observed decrease in total assets.
What is the primary reason for the significant revenue fluctuations, such as $-80,770 in 2019 and $1,074,837 in 2023?
Without more detailed financial statements, it's difficult to pinpoint the exact reasons. However, such volatility often indicates reliance on investment returns, large one-time donations, or significant capital gains/losses, which can fluctuate year-to-year.
How does the organization manage to operate with expenses frequently exceeding revenue?
The organization appears to be operating by utilizing its existing asset base. When expenses exceed revenue, the difference is covered by drawing down from the foundation's accumulated assets, as evidenced by the declining asset values over time.
Filing History
IRS 990 filing history for William And Kathryn Scripps Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), William And Kathryn Scripps Family Foundation Inc's revenue has grown by 277.1%, moving from $285K to $1.1M. Total assets increased by 1178.2% over the same period, from $107K to $1.4M. Total functional expenses rose by 153.6%, from $283K to $717K. In its most recent filing year (2023), William And Kathryn Scripps Family Foundation Inc reported a surplus of $358K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $717K | $1.4M | $1 | — | View 990 |
| 2022 | $39K | $2.0M | $1.0M | $1 | — | View 990 |
| 2021 | $493K | $2.0M | $2.9M | $1 | — | View 990 |
| 2020 | $427K | $1.1M | $4.5M | $1 | — | View 990 |
| 2019 | $-80,770 | $2.0M | $5.1M | $1 | — | View 990 |
| 2015 | $882K | $863K | $25K | $1 | — | View 990 |
| 2014 | $228K | $347K | $5K | $1 | — | View 990 |
| 2013 | $350K | $371K | $125K | $1 | — | View 990 |
| 2012 | $285K | $247K | $146K | $1 | — | View 990 |
| 2011 | $285K | $283K | $107K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $717K, and assets of $1.4M (revenue +2656.1% year-over-year).
- 2022: Revenue of $39K, expenses of $2.0M, and assets of $1.0M (revenue -92.1% year-over-year).
- 2021: Revenue of $493K, expenses of $2.0M, and assets of $2.9M (revenue +15.6% year-over-year).
- 2020: Revenue of $427K, expenses of $1.1M, and assets of $4.5M.
- 2019: Revenue of $-80,770, expenses of $2.0M, and assets of $5.1M (revenue -109.2% year-over-year).
- 2015: Revenue of $882K, expenses of $863K, and assets of $25K (revenue +287.9% year-over-year).
- 2014: Revenue of $228K, expenses of $347K, and assets of $5K (revenue -35.0% year-over-year).
- 2013: Revenue of $350K, expenses of $371K, and assets of $125K (revenue +22.8% year-over-year).
- 2012: Revenue of $285K, expenses of $247K, and assets of $146K (revenue +0.0% year-over-year).
- 2011: Revenue of $285K, expenses of $283K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William And Kathryn Scripps Family Foundation Inc:
Data Sources and Methodology
This transparency report for William And Kathryn Scripps 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.