Is Beverly J Jewell Memorial Foundation Legit?

Quick charity verification for Beverly J Jewell Memorial Foundation (EIN: 208828495)

Verdict: Beverly J Jewell Memorial Foundation appears trustworthy

75/100Mission Score
$1.0MRevenue
$6.3MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Beverly J Jewell Memorial Foundation exhibits a consistent pattern of spending exceeding its revenue over the past several years, as evidenced by the 202312 filing showing expenses of $526,388 against revenue of $302,359, and similar trends in prior years. This has led to a gradual decline in assets from $8,058,854 in 2011 to $6,239,504 in 2023. While the organization maintains a substantial asset base, this operational deficit is a key financial characteristic. The consistent reporting of $0 in officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this area, which is a positive indicator of financial stewardship and transparency regarding executive pay. The extremely low liabilities ($1 in recent years, $0 previously) also points to a healthy balance sheet in terms of debt management.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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