Ann Jie Foundation
Ann Jie Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 205632337 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $370K |
| Total Expenses | $29K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $369,694 |
| Net Assets | $373K |
| Transparency Score | 75/100 |
Is Ann Jie Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ann Jie Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ann Jie Foundation
Ann Jie Foundation (EIN: 205632337) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $370K and total assets of $430K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ann Jie Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ann Jie Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $29K |
| Surplus / Deficit | +$12K |
| Total Assets | $373K |
| Total Liabilities | $1 |
| Net Assets | $373K |
| Operating Margin | 28.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 154.7 months |
Financial Health Grade: A
In 2023, Ann Jie Foundation reported a surplus of $12K with revenue exceeding expenses, holds 154.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -72.4% | +66.8% | +3.2% |
| 2022 | +1668.0% | -53.9% | +55.6% |
| 2021 | +37.9% | -8.5% | -11.2% |
| 2020 | -18.4% | +2.2% | -11.8% |
| 2019 | -11.1% | +101.0% | -15.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Ann Jie 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, Ann Jie 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is highly efficient for a foundation of its size with latest revenue of $369,694 and assets of $429,950.
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 Ann Jie Foundation's IRS 990 filings:
- Lack of detailed expense breakdown for program, admin, and fundraising makes full efficiency assessment difficult.
- Fluctuating revenue in past years could indicate inconsistent funding sources, though latest revenue is high.
Strengths
The following positive indicators were identified for Ann Jie Foundation:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Very low liabilities ($1 across all filings), demonstrating strong financial health and minimal debt.
- Substantial asset base ($429,950) relative to annual expenses, providing financial stability.
- Long filing history (10 filings) indicates consistent compliance and transparency over time.
- Recent significant increase in revenue (latest revenue $369,694) suggests growing support.
Frequently Asked Questions about Ann Jie Foundation
Is Ann Jie Foundation a legitimate charity?
Ann Jie Foundation (EIN: 205632337) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $370K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Ann Jie Foundation spend its money?
Ann Jie Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ann Jie Foundation tax-deductible?
Ann Jie Foundation is registered as a tax-exempt nonprofit (EIN: 205632337). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ann Jie Foundation CEO make?
Ann Jie Foundation's highest-compensated officer earns $369,694 annually. The organization reported $370K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ann Jie Foundation's spending goes to programs?
Ann Jie Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ann Jie Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Ann Jie Foundation 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 Ann Jie Foundation located?
Ann Jie Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 205632337. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ann Jie Foundation have?
Ann Jie 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 $370K in total revenue.
Is Ann Jie Foundation a good charity?
Based on the available data, Ann Jie Foundation exhibits strong financial stability with minimal liabilities ($1) and substantial assets ($429,950). The consistent 0% officer compensation is a significant positive, suggesting resources are not diverted to executive salaries. However, without detailed program spending breakdowns, a full assessment of its charitable impact is limited. Its NTEE code T20 suggests it is a grantmaking foundation, which typically means its 'programs' are the grants it issues.
How does Ann Jie Foundation manage its expenses?
The foundation's expenses have varied, from a low of $17,340 in 2022 to a high of $41,099 in 2020. While the total expenses are reported, the specific allocation between program, administrative, and fundraising costs is not detailed in the provided data. However, the consistent 0% officer compensation suggests a lean operational structure at the leadership level.
What is the trend in Ann Jie Foundation's revenue?
Ann Jie Foundation's revenue has shown significant fluctuation. After several years of low revenue (e.g., $6,004 in 2020, $8,279 in 2021), it saw a substantial increase to $146,374 in 2022, followed by $40,444 in 2023. The latest reported revenue is $369,694, indicating a recent surge in financial inflows.
What is the financial stability of Ann Jie Foundation?
The Ann Jie Foundation appears financially stable. It consistently reports minimal liabilities ($1) and maintains a healthy asset base, currently at $429,950. This indicates a strong balance sheet and a low risk of financial distress.
Filing History
IRS 990 filing history for Ann Jie Foundation showing financial trends over 10 years of public records:
Total assets decreased by 4.7% over the same period, from $391K to $373K. Total functional expenses rose by 74.4%, from $17K to $29K. In its most recent filing year (2023), Ann Jie Foundation reported a surplus of $12K, with revenue exceeding expenses. The organization holds $1 in liabilities against $373K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $373K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $29K | $373K | $1 | — | View 990 |
| 2022 | $146K | $17K | $361K | $1 | — | View 990 |
| 2021 | $8K | $38K | $232K | $1 | — | — |
| 2020 | $6K | $41K | $262K | $1 | — | View 990 |
| 2019 | $7K | $40K | $297K | $1 | — | View 990 |
| 2015 | $8K | $20K | $351K | $1 | — | View 990 |
| 2014 | $9K | $19K | $362K | $1 | — | View 990 |
| 2013 | $8K | $17K | $372K | $1 | — | View 990 |
| 2012 | $8K | $18K | $381K | $1 | — | View 990 |
| 2011 | $-1,586 | $17K | $391K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40K, expenses of $29K, and assets of $373K (revenue -72.4% year-over-year).
- 2022: Revenue of $146K, expenses of $17K, and assets of $361K (revenue +1668.0% year-over-year).
- 2021: Revenue of $8K, expenses of $38K, and assets of $232K (revenue +37.9% year-over-year).
- 2020: Revenue of $6K, expenses of $41K, and assets of $262K (revenue -18.4% year-over-year).
- 2019: Revenue of $7K, expenses of $40K, and assets of $297K (revenue -11.1% year-over-year).
- 2015: Revenue of $8K, expenses of $20K, and assets of $351K (revenue -11.7% year-over-year).
- 2014: Revenue of $9K, expenses of $19K, and assets of $362K (revenue +17.0% year-over-year).
- 2013: Revenue of $8K, expenses of $17K, and assets of $372K (revenue +0.5% year-over-year).
- 2012: Revenue of $8K, expenses of $18K, and assets of $381K.
- 2011: Revenue of $-1,586, expenses of $17K, and assets of $391K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ann Jie Foundation:
Data Sources and Methodology
This transparency report for Ann Jie 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.