Zane Bennett Family Foundation
Zane Bennett Family Foundation's assets have declined by over 80% in a decade due to consistent net losses.
EIN: 203636308 · Santa Fe, NM · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $535K |
| Total Expenses | $60K |
| Program Spending | 75% |
| Net Assets | $416K |
| Transparency Score | 45/100 |
Is Zane Bennett Family Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zane Bennett Family Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Zane Bennett Family Foundation
Zane Bennett Family Foundation (EIN: 203636308) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code T22. The organization reported total revenue of $535K and total assets of $488K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zane Bennett Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zane Bennett Family Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -689.8% | -1.1% | -23.7% |
| 2022 | -50.8% | -0.5% | -7.5% |
| 2021 | +80.8% | -45.9% | -6.0% |
| 2020 | -40.1% | +0.1% | -14.1% |
| 2019 | -43.1% | -44.5% | -51.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Zane Bennett Family Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Zane Bennett Family Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors are receiving salaries from the foundation, which is a strong 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 Zane Bennett Family Foundation's IRS 990 filings:
- Consistent negative net income over a decade (e.g., $-67,911 revenue vs. $60,094 expenses in 2023).
- Significant decline in assets (from $2,166,155 in 2011 to $415,724 in 2023).
- Expenses consistently exceeding revenue, indicating reliance on asset depletion.
Strengths
The following positive indicators were identified for Zane Bennett Family Foundation:
- 0% officer compensation reported across all filings, indicating no executive salaries.
- Low liabilities ($1 across all reported periods), suggesting minimal debt.
Frequently Asked Questions about Zane Bennett Family Foundation
Is Zane Bennett Family Foundation a legitimate charity?
Zane Bennett Family Foundation (EIN: 203636308) is a registered tax-exempt nonprofit based in New Mexico. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $535K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Zane Bennett Family Foundation spend its money?
Zane Bennett Family Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Zane Bennett Family Foundation tax-deductible?
Zane Bennett Family Foundation is registered as a tax-exempt nonprofit (EIN: 203636308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Zane Bennett Family Foundation's spending goes to programs?
Zane Bennett Family Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Zane Bennett Family Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Zane Bennett Family Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Zane Bennett Family Foundation located?
Zane Bennett Family Foundation is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 203636308. It is classified under NTEE code T22.
How many years of IRS 990 filings does Zane Bennett Family Foundation have?
Zane Bennett 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 $535K in total revenue.
Is Zane Bennett Family Foundation financially sustainable?
Based on the provided data, the foundation's financial sustainability is questionable. It has consistently reported negative net income and a significant decline in assets from $2,166,155 in 2011 to $415,724 in 2023, indicating it is spending down its principal.
What caused the substantial decline in assets?
The substantial decline in assets is primarily due to the foundation's expenses consistently exceeding its revenue over the past decade. For example, in 2023, revenue was $-67,911 while expenses were $60,094, contributing to the asset depletion.
How does the foundation cover its expenses with negative revenue?
When revenue is negative or insufficient, the foundation covers its expenses by drawing down its existing assets. This is evident in the continuous decrease in total assets reported in its IRS 990 filings.
Filing History
IRS 990 filing history for Zane Bennett Family Foundation showing financial trends over 10 years of public records:
Total assets decreased by 80.8% over the same period, from $2.2M to $416K. Total functional expenses fell by 71%, from $208K to $60K. The organization holds $1 in liabilities against $416K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $416K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-67,911 | $60K | $416K | $1 | — | — |
| 2022 | $12K | $61K | $545K | $1 | — | View 990 |
| 2021 | $23K | $61K | $589K | $1 | — | — |
| 2020 | $13K | $113K | $626K | $1 | — | — |
| 2019 | $22K | $113K | $729K | $1 | — | — |
| 2015 | $38K | $203K | $1.5M | $1 | — | View 990 |
| 2014 | $55K | $202K | $1.7M | $1 | — | View 990 |
| 2013 | $52K | $209K | $1.8M | $1 | — | View 990 |
| 2012 | $107K | $208K | $2.0M | $1 | — | View 990 |
| 2011 | $-7,227 | $208K | $2.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-67,911, expenses of $60K, and assets of $416K (revenue -689.8% year-over-year).
- 2022: Revenue of $12K, expenses of $61K, and assets of $545K (revenue -50.8% year-over-year).
- 2021: Revenue of $23K, expenses of $61K, and assets of $589K (revenue +80.8% year-over-year).
- 2020: Revenue of $13K, expenses of $113K, and assets of $626K (revenue -40.1% year-over-year).
- 2019: Revenue of $22K, expenses of $113K, and assets of $729K (revenue -43.1% year-over-year).
- 2015: Revenue of $38K, expenses of $203K, and assets of $1.5M (revenue -31.1% year-over-year).
- 2014: Revenue of $55K, expenses of $202K, and assets of $1.7M (revenue +6.5% year-over-year).
- 2013: Revenue of $52K, expenses of $209K, and assets of $1.8M (revenue -51.6% year-over-year).
- 2012: Revenue of $107K, expenses of $208K, and assets of $2.0M.
- 2011: Revenue of $-7,227, expenses of $208K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zane Bennett Family Foundation:
Data Sources and Methodology
This transparency report for Zane Bennett 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.