Zerhouni Family Charitable Foundation Inc
Zerhouni Family Charitable Foundation shows strong asset growth and no reported executive compensation over a decade.
EIN: 141838642 · Norfolk, VA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $636K |
| Program Spending | 95% |
| Net Assets | $6.6M |
| Transparency Score | 95/100 |
Is Zerhouni Family Charitable Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zerhouni Family Charitable Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Zerhouni Family Charitable Foundation Inc
Zerhouni Family Charitable Foundation Inc (EIN: 141838642) is a nonprofit organization based in Norfolk, VA, classified under NTEE code T20. The organization reported total revenue of $6.5M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zerhouni Family Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zerhouni Family Charitable Foundation Inc is a mid-size nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 30.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $636K |
| Surplus / Deficit | +$834K |
| Total Assets | $6.6M |
| Total Liabilities | $3K |
| Net Assets | $6.6M |
| Operating Margin | 56.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 124.4 months |
Financial Health Grade: A
In 2024, Zerhouni Family Charitable Foundation Inc reported a surplus of $834K with revenue exceeding expenses, holds 124.4 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), Zerhouni Family Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +68.2% | +8.1% | +8.3% |
| 2023 | +16.9% | +23.3% | +0.8% |
| 2022 | -28.2% | +47.6% | +3.4% |
| 2021 | -1.0% | +17.9% | +14.0% |
| 2020 | +51.3% | +56.3% | +490.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Zerhouni Family Charitable Foundation Inc with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Zerhouni Family Charitable Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $834K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size and revenue, suggesting a volunteer-led or extremely lean operational model.
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 Zerhouni Family Charitable Foundation Inc:
- Consistent asset growth, from $91,221 in 2012 to $8,798,850 currently.
- No reported officer compensation across all 10 filings, indicating high efficiency.
- Strong revenue generation, with latest revenue at $6,497,753.
- Low liabilities relative to assets, indicating financial stability.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Zerhouni Family Charitable Foundation Inc
Is Zerhouni Family Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Zerhouni Family Charitable Foundation Inc (EIN: 141838642) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Zerhouni Family Charitable Foundation Inc spend its money?
Zerhouni Family Charitable Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Zerhouni Family Charitable Foundation Inc tax-deductible?
Zerhouni Family Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 141838642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Zerhouni Family Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Zerhouni Family Charitable 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 Zerhouni Family Charitable Foundation Inc located?
Zerhouni Family Charitable Foundation Inc is headquartered in Norfolk, Virginia and files with the IRS under EIN 141838642. It is classified under NTEE code T20.
How many years of IRS 990 filings does Zerhouni Family Charitable Foundation Inc have?
Zerhouni Family Charitable 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 $6.5M in total revenue.
Is Zerhouni Family Charitable Foundation Inc a good charity?
Based on the available IRS 990 data, the Zerhouni Family Charitable Foundation Inc appears to be a very good charity. It demonstrates strong financial health, significant asset growth, and a remarkable commitment to its mission by not reporting any officer compensation.
How does the organization manage its administrative costs?
The organization appears to manage administrative costs exceptionally well, as evidenced by 0% reported officer compensation across all filings. This suggests a highly efficient, likely volunteer-driven, operational model.
What is the trend in the organization's financial growth?
The organization shows a strong upward trend in financial growth, with assets increasing from $91,221 in 2012 to $8,798,850 currently, and revenue growing significantly over the same period, reaching $6,497,753 in the latest period.
Filing History
IRS 990 filing history for Zerhouni Family Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Zerhouni Family Charitable Foundation Inc's revenue has grown by 2276.7%, moving from $62K to $1.5M. Total assets increased by 7123.7% over the same period, from $91K to $6.6M. Total functional expenses rose by 6012.2%, from $10K to $636K. In its most recent filing year (2024), Zerhouni Family Charitable Foundation Inc reported a surplus of $834K, with revenue exceeding expenses. The organization holds $3K in liabilities against $6.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $636K | $6.6M | $3K | — | View 990 |
| 2023 | $874K | $588K | $6.1M | $3K | — | View 990 |
| 2022 | $748K | $477K | $6.0M | $3K | — | View 990 |
| 2021 | $1.0M | $323K | $5.8M | $3K | — | View 990 |
| 2020 | $1.1M | $274K | $5.1M | $4K | — | View 990 |
| 2016 | $695K | $175K | $869K | $1 | — | View 990 |
| 2015 | $382K | $220K | $504K | $1 | — | View 990 |
| 2014 | $213K | $72K | $343K | $1 | — | View 990 |
| 2013 | $209K | $99K | $201K | $1 | — | View 990 |
| 2012 | $62K | $10K | $91K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $636K, and assets of $6.6M (revenue +68.2% year-over-year).
- 2023: Revenue of $874K, expenses of $588K, and assets of $6.1M (revenue +16.9% year-over-year).
- 2022: Revenue of $748K, expenses of $477K, and assets of $6.0M (revenue -28.2% year-over-year).
- 2021: Revenue of $1.0M, expenses of $323K, and assets of $5.8M (revenue -1.0% year-over-year).
- 2020: Revenue of $1.1M, expenses of $274K, and assets of $5.1M (revenue +51.3% year-over-year).
- 2016: Revenue of $695K, expenses of $175K, and assets of $869K (revenue +82.0% year-over-year).
- 2015: Revenue of $382K, expenses of $220K, and assets of $504K (revenue +79.3% year-over-year).
- 2014: Revenue of $213K, expenses of $72K, and assets of $343K (revenue +2.0% year-over-year).
- 2013: Revenue of $209K, expenses of $99K, and assets of $201K (revenue +237.7% year-over-year).
- 2012: Revenue of $62K, expenses of $10K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zerhouni Family Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Zerhouni Family Charitable 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.