Extremely low liabilities, often reported as $1 or $0, indicating excellent financial health and minimal debt.
No reported officer compensation, suggesting a highly efficient or volunteer-led executive structure.
Long history of IRS 990 filings (10 filings), demonstrating consistent transparency.
Spending Breakdown
How Joel Dean Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Joel Dean Foundation Inc
Is Joel Dean Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Joel Dean Foundation Inc (EIN: 136097306) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
Is Joel Dean Foundation Inc a good charity to donate to?
Joel Dean Foundation Inc has a Mission Score of 70/100. Revenue: $635K. Assets: $4.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Joel Dean Foundation Inc?
The Employer Identification Number (EIN) for Joel Dean Foundation Inc is 136097306. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Joel Dean Foundation Inc spend its money?
Joel Dean Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Joel Dean Foundation Inc's tax-exempt status?
You can verify Joel Dean Foundation Inc's tax-exempt status using EIN 136097306 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Joel Dean Foundation Inc. demonstrates consistent financial stability with substantial assets, averaging over $4 million across its filing history, and minimal liabilities, consistently reported as $1 or $0. This indicates a strong balance sheet and responsible financial management. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in most reported periods, including a significant deficit of $242,301 in 2023 ($239,722 revenue vs. $482,023 expenses). While this could be managed by drawing from its substantial asset base, it suggests a reliance on existing capital rather than consistent operational self-sufficiency through annual revenue.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent lack of reported officer compensation suggests a lean operational structure at the executive level, which can be a positive indicator of efficiency. Transparency is generally good given the availability of 10 years of IRS 990 filings, allowing for a historical view of financial performance. The consistent reporting of minimal liabilities also contributes to a clear financial picture.
Overall, the foundation appears financially sound due to its significant asset base and low liabilities, but its operational model frequently involves spending more than it generates annually. Further analysis of expense categories would be needed to fully evaluate spending efficiency and program impact. The absence of officer compensation is a notable positive for transparency and potential efficiency.