Zumbro Family Foundation

Zumbro Family Foundation shows historical asset growth and no officer compensation, but current financial status is unclear.

EIN: 202302435 · Murray, UT · Updated: 2026-03-28

$0Revenue
$0Assets
75/100Mission Score (Good)
Zumbro Family Foundation Financial Summary
MetricValue
Total Expenses$23K
Program Spending80%
Net Assets$287K
Transparency Score75/100

Is Zumbro Family Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Zumbro Family Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Zumbro Family Foundation

Zumbro Family Foundation (EIN: 202302435) is a nonprofit organization based in Murray, UT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zumbro Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

MicroSize Classification
5Years of Filings
MixedRevenue Trajectory

Zumbro Family Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 37.6%.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

Total Revenue$99K
Total Expenses$23K
Surplus / Deficit+$76K
Total Assets$287K
Total Liabilities$1
Net Assets$287K
Operating Margin76.4%
Debt-to-Asset Ratio0.0%
Months of Reserves147.0 months

Financial Health Grade: A

In 2015, Zumbro Family Foundation reported a surplus of $76K with revenue exceeding expenses, holds 147.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 5 years of filings (2011–2015), Zumbro Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 37.6%.

YearRevenue ChangeExpense ChangeAsset Change
2015+153.3%+22.4%+35.9%
2014+29.6%+30.8%+10.5%
2013+7.0%+16.0%+8.8%
2012+2.0%+31.7%+9.7%

AI Transparency Report

The Zumbro Family Foundation appears to be a small, private foundation based on its consistent asset growth and minimal liabilities. While the provided data shows no revenue or assets for the latest period, historical filings indicate a pattern of modest revenue generation and expense management. For instance, in 2015, the foundation reported revenue of $99,209 against expenses of $23,417, resulting in a significant surplus that contributed to asset growth. The consistent reporting of $1 in liabilities across all historical filings suggests a very stable financial position with virtually no debt. The absence of officer compensation in all reported periods indicates that the foundation's leadership is likely unpaid, which can be a positive sign for donor confidence regarding administrative efficiency. However, without detailed expense breakdowns (program, administrative, fundraising) from the provided data, it's challenging to fully assess spending efficiency. The foundation's consistent asset growth, from $160,029 in 2011 to $286,804 in 2015, demonstrates effective financial stewardship in building its endowment. The lack of current financial data (latest revenue and assets reported as $0) is a significant gap for a real-time assessment, potentially indicating a reporting lag or a change in operational status. Transparency is generally good given the consistent filing history, but the absence of detailed program spending information limits a complete evaluation of its impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Zumbro Family Foundation with a Mission Score of 75 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Zumbro Family Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

$99KTotal Revenue
$23KTotal Expenses
$287KTotal Assets
$1Total Liabilities
$287KNet Assets
  • The organization reported a surplus of $76K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% of expenses across all available historical filings, indicating that the foundation's leadership is unpaid, which is a positive for minimizing administrative overhead.

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 Zumbro Family Foundation's IRS 990 filings:

  • Latest financial data shows $0 revenue and assets, raising questions about current operational status.
  • NTEE code is unknown, making it difficult to benchmark against similar organizations.

Strengths

The following positive indicators were identified for Zumbro Family Foundation:

  • Consistent historical asset growth, from $160,029 in 2011 to $286,804 in 2015, demonstrating financial stability.
  • No officer compensation reported across all filings, indicating efficient use of funds for administrative costs.
  • Very low liabilities ($1 consistently reported), suggesting a strong balance sheet and minimal debt.

Frequently Asked Questions about Zumbro Family Foundation

Is Zumbro Family Foundation a legitimate charity?

Zumbro Family Foundation (EIN: 202302435) is a registered tax-exempt nonprofit based in Utah. Our AI analysis gives it a Mission Score of 75/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Zumbro Family Foundation spend its money?

Zumbro Family Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Zumbro Family Foundation tax-deductible?

Zumbro Family Foundation is registered as a tax-exempt nonprofit (EIN: 202302435). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Zumbro Family Foundation's spending goes to programs?

Zumbro Family Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Zumbro Family Foundation located?

Zumbro Family Foundation is headquartered in Murray, Utah and files with the IRS under EIN 202302435.

How many years of IRS 990 filings does Zumbro Family Foundation have?

Zumbro Family Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.

What is the Zumbro Family Foundation's current operational status given the latest reported $0 revenue and assets?

The provided data shows $0 for latest revenue and assets, which could indicate a reporting lag, a change in operational status, or that the foundation is no longer active. Further investigation into more recent filings would be necessary.

What are the specific programs or grants funded by the Zumbro Family Foundation?

The provided IRS 990 summary data does not detail specific programs or grants. A deeper dive into the full 990 forms would be required to understand their programmatic activities.

How does the foundation manage to operate with no officer compensation?

The consistent 0% officer compensation suggests that the foundation is either run by volunteers, or its operational structure does not involve paid officers, which is common for smaller family foundations.

Filing History

IRS 990 filing history for Zumbro Family Foundation showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2011–2015), Zumbro Family Foundation's revenue has grown by 258.4%, moving from $28K to $99K. Total assets increased by 79.2% over the same period, from $160K to $287K. Total functional expenses rose by 144.3%, from $10K to $23K. In its most recent filing year (2015), Zumbro Family Foundation reported a surplus of $76K, with revenue exceeding expenses. The organization holds $1 in liabilities against $287K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $287K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2015 $99K $23K $287K $1 View 990
2014 $39K $19K $211K $1 View 990
2013 $30K $15K $191K $1 View 990
2012 $28K $13K $176K $1 View 990
2011 $28K $10K $160K $1 View 990

Year-by-Year Financial Summary

  • 2015: Revenue of $99K, expenses of $23K, and assets of $287K (revenue +153.3% year-over-year).
  • 2014: Revenue of $39K, expenses of $19K, and assets of $211K (revenue +29.6% year-over-year).
  • 2013: Revenue of $30K, expenses of $15K, and assets of $191K (revenue +7.0% year-over-year).
  • 2012: Revenue of $28K, expenses of $13K, and assets of $176K (revenue +2.0% year-over-year).
  • 2011: Revenue of $28K, expenses of $10K, and assets of $160K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Zumbro Family Foundation:

2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Zumbro 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.

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