Beverly J Jewell Memorial Foundation
Beverly J Jewell Memorial Foundation consistently spends more than it earns, drawing down assets while maintaining zero officer compensation.
EIN: 208828495 · Chicago, IL · NTEE: T20 · Updated: 2026-03-28
Is Beverly J Jewell Memorial Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beverly J Jewell Memorial Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beverly J Jewell Memorial Foundation
Beverly J Jewell Memorial Foundation (EIN: 208828495) is a nonprofit organization based in Chicago, IL, classified under NTEE code T20. The organization reported total revenue of $1.0M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beverly J Jewell Memorial Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Beverly J Jewell Memorial 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, Beverly J Jewell Memorial 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the foundation. This is highly favorable, especially for an organization with assets exceeding $6 million, suggesting a strong commitment to directing funds towards its mission rather than executive salaries.
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 Beverly J Jewell Memorial Foundation's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) over multiple years, leading to asset depletion.
- Significant decline in total assets over the past decade (from $8.05M in 2011 to $6.23M in 2023).
Strengths
The following positive indicators were identified for Beverly J Jewell Memorial Foundation:
- Zero officer compensation reported across all filings, indicating strong financial stewardship regarding executive pay.
- Very low liabilities ($1 or $0) consistently, demonstrating excellent debt management.
- Substantial asset base ($6.2 million in 2023) provides a buffer despite operational deficits.
Frequently Asked Questions about Beverly J Jewell Memorial Foundation
Is Beverly J Jewell Memorial Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Beverly J Jewell Memorial Foundation (EIN: 208828495) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Beverly J Jewell Memorial Foundation spend its money?
Beverly J Jewell Memorial Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Beverly J Jewell Memorial Foundation tax-deductible?
Beverly J Jewell Memorial Foundation is registered as a tax-exempt nonprofit (EIN: 208828495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the foundation sustain its operations given consistent revenue deficits?
The foundation sustains its operations by drawing down its substantial asset base. For example, in 2023, expenses exceeded revenue by over $220,000, which was covered by its existing assets.
What is the long-term strategy for asset management given the consistent decline?
The consistent decline in assets, from over $8 million in 2011 to $6.2 million in 2023, suggests a need for a clear strategy to either increase revenue, reduce expenses, or manage the asset draw-down more sustainably to ensure long-term viability.
What specific programs does the foundation fund with its expenses?
The provided data does not detail specific programs. A deeper dive into the full IRS 990 forms would be necessary to understand the nature and impact of its program spending.
Is the foundation's spending efficient despite the revenue deficit?
While the foundation consistently spends more than it earns, the absence of officer compensation and very low liabilities suggest efficiency in certain administrative areas. However, the overall efficiency in achieving its mission given the asset draw-down would require program-specific data.
Filing History
IRS 990 filing history for Beverly J Jewell Memorial Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Beverly J Jewell Memorial Foundation's revenue has grown by 7.5%, moving from $281K to $302K. Total assets decreased by 22.6% over the same period, from $8.1M to $6.2M. Total functional expenses fell by 5%, from $554K to $526K. In its most recent filing year (2023), Beverly J Jewell Memorial Foundation reported a deficit of $224K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $302K | $526K | $6.2M | $1 | — | View 990 |
| 2022 | $263K | $578K | $6.5M | $1 | — | View 990 |
| 2021 | $366K | $518K | $6.8M | $1 | — | — |
| 2020 | $98K | $494K | $6.9M | $1 | — | — |
| 2019 | $427K | $549K | $7.3M | $1 | — | View 990 |
| 2015 | $299K | $334K | $7.9M | $0 | — | View 990 |
| 2014 | $347K | $155K | $7.9M | $0 | — | View 990 |
| 2013 | $386K | $579K | $7.8M | $0 | — | View 990 |
| 2012 | $468K | $579K | $7.9M | $0 | — | View 990 |
| 2011 | $281K | $554K | $8.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $302K, expenses of $526K, and assets of $6.2M (revenue +15.0% year-over-year).
- 2022: Revenue of $263K, expenses of $578K, and assets of $6.5M (revenue -28.1% year-over-year).
- 2021: Revenue of $366K, expenses of $518K, and assets of $6.8M (revenue +273.8% year-over-year).
- 2020: Revenue of $98K, expenses of $494K, and assets of $6.9M (revenue -77.1% year-over-year).
- 2019: Revenue of $427K, expenses of $549K, and assets of $7.3M (revenue +43.0% year-over-year).
- 2015: Revenue of $299K, expenses of $334K, and assets of $7.9M (revenue -14.0% year-over-year).
- 2014: Revenue of $347K, expenses of $155K, and assets of $7.9M (revenue -10.1% year-over-year).
- 2013: Revenue of $386K, expenses of $579K, and assets of $7.8M (revenue -17.6% year-over-year).
- 2012: Revenue of $468K, expenses of $579K, and assets of $7.9M (revenue +66.6% year-over-year).
- 2011: Revenue of $281K, expenses of $554K, and assets of $8.1M.
Data Sources and Methodology
This transparency report for Beverly J Jewell Memorial 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.