William & Eva Fox Foundation
William & Eva Fox Foundation maintains stable assets with no officer compensation, though expenses sometimes exceed revenue.
EIN: 133497192 · Potomac, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $477K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.0M |
| Transparency Score | 90/100 |
Is William & Eva Fox Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William & Eva Fox Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William & Eva Fox Foundation
William & Eva Fox Foundation (EIN: 133497192) is a nonprofit organization based in Potomac, MD. The organization reported total revenue of $1.2M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William & Eva Fox Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William & Eva Fox Foundation is a mid-size nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $289K |
| Total Expenses | $477K |
| Surplus / Deficit | $-188,314 |
| Total Assets | $5.0M |
| Total Liabilities | $1 |
| Net Assets | $5.0M |
| Operating Margin | -65.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 126.7 months |
Financial Health Grade: B
In 2024, William & Eva Fox Foundation reported a deficit of $188K with expenses exceeding revenue, holds 126.7 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 (2012–2024), William & Eva Fox Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -37.3% | -10.8% | +0.1% |
| 2023 | -45.6% | +31.5% | +0.1% |
| 2022 | +113.7% | +111.1% | +9.6% |
| 2021 | +6.8% | -62.7% | +4.6% |
| 2020 | -10.9% | +47.3% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 & Eva Fox Foundation with a Mission Score of 90 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, William & Eva Fox 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $188K, 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 no salaries are paid to officers, which is highly unusual and suggests a volunteer-led or extremely lean operational model for an organization with over $5 million in assets.
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 & Eva Fox Foundation's IRS 990 filings:
- Expenses frequently exceed revenue, requiring careful monitoring of asset drawdowns.
Strengths
The following positive indicators were identified for William & Eva Fox Foundation:
- Consistent asset growth from $4.5M to $5.8M over a decade.
- 0% officer compensation reported across all filings, indicating high efficiency.
- Extremely low liabilities ($1 across all periods), demonstrating strong financial health.
- Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
- Strong program focus implied by lack of executive compensation and low liabilities.
Frequently Asked Questions about William & Eva Fox Foundation
Is William & Eva Fox Foundation a legitimate charity?
William & Eva Fox Foundation (EIN: 133497192) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does William & Eva Fox Foundation spend its money?
William & Eva Fox Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to William & Eva Fox Foundation tax-deductible?
William & Eva Fox Foundation is registered as a tax-exempt nonprofit (EIN: 133497192). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the William & Eva Fox Foundation CEO make?
William & Eva Fox Foundation's highest-compensated officer earns $5 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is William & Eva Fox Foundation located?
William & Eva Fox Foundation is headquartered in Potomac, Maryland and files with the IRS under EIN 133497192.
How many years of IRS 990 filings does William & Eva Fox Foundation have?
William & Eva Fox 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 $1.2M in total revenue.
How does the William & Eva Fox Foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation is either entirely volunteer-run at the executive level or that executive services are provided pro bono, which is a highly efficient model for directing funds to its mission.
Is the foundation's trend of expenses exceeding revenue sustainable?
While expenses have exceeded revenue in several periods (e.g., 202406, 202306, 202006), the foundation's assets have grown from $4.5 million to $5.8 million over the past decade. This suggests that the foundation is strategically drawing from its endowment to fund activities, which can be sustainable if managed carefully and if investment returns support the asset base.
What are the primary expense categories given the 0% officer compensation?
Without detailed expense breakdowns from the 990s, it's inferred that the majority of expenses would be directed towards grants, program services, and essential administrative costs (e.g., legal, accounting, office supplies) that do not involve officer salaries.
Filing History
IRS 990 filing history for William & Eva Fox Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), William & Eva Fox Foundation's revenue has grown by 78.4%, moving from $162K to $289K. Total assets increased by 10.5% over the same period, from $4.6M to $5.0M. Total functional expenses rose by 80.3%, from $265K to $477K. In its most recent filing year (2024), William & Eva Fox Foundation reported a deficit of $188K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $289K | $477K | $5.0M | $1 | — | — |
| 2023 | $460K | $535K | $5.0M | $1 | — | View 990 |
| 2022 | $846K | $407K | $5.0M | $1 | — | View 990 |
| 2021 | $396K | $193K | $4.6M | $1 | — | View 990 |
| 2020 | $371K | $517K | $4.4M | $1 | — | View 990 |
| 2019 | $416K | $351K | $4.5M | $1 | — | View 990 |
| 2015 | $315K | $316K | $4.4M | $1 | — | View 990 |
| 2014 | $201K | $282K | $4.4M | $1 | — | View 990 |
| 2013 | $162K | $259K | $4.5M | $1 | — | View 990 |
| 2012 | $162K | $265K | $4.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $289K, expenses of $477K, and assets of $5.0M (revenue -37.3% year-over-year).
- 2023: Revenue of $460K, expenses of $535K, and assets of $5.0M (revenue -45.6% year-over-year).
- 2022: Revenue of $846K, expenses of $407K, and assets of $5.0M (revenue +113.7% year-over-year).
- 2021: Revenue of $396K, expenses of $193K, and assets of $4.6M (revenue +6.8% year-over-year).
- 2020: Revenue of $371K, expenses of $517K, and assets of $4.4M (revenue -10.9% year-over-year).
- 2019: Revenue of $416K, expenses of $351K, and assets of $4.5M (revenue +32.1% year-over-year).
- 2015: Revenue of $315K, expenses of $316K, and assets of $4.4M (revenue +56.6% year-over-year).
- 2014: Revenue of $201K, expenses of $282K, and assets of $4.4M (revenue +24.5% year-over-year).
- 2013: Revenue of $162K, expenses of $259K, and assets of $4.5M (revenue -0.2% year-over-year).
- 2012: Revenue of $162K, expenses of $265K, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William & Eva Fox Foundation:
Data Sources and Methodology
This transparency report for William & Eva Fox 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.