Carl A Nelson Charitable Foundation
Carl A Nelson Charitable Foundation consistently grows assets with zero officer compensation.
EIN: 201713123 · Burlington, IA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $31K |
| Total Expenses | $19K |
| Program Spending | 90% |
| Net Assets | $127K |
| Transparency Score | 95/100 |
Is Carl A Nelson Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carl A Nelson Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carl A Nelson Charitable Foundation
Carl A Nelson Charitable Foundation (EIN: 201713123) is a nonprofit organization based in Burlington, IA, classified under NTEE code T30. The organization reported total revenue of $31K and total assets of $140K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carl A Nelson Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carl A Nelson Charitable Foundation is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $19K |
| Surplus / Deficit | +$23K |
| Total Assets | $127K |
| Total Liabilities | $1 |
| Net Assets | $127K |
| Operating Margin | 54.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 79.6 months |
Financial Health Grade: A
In 2023, Carl A Nelson Charitable Foundation reported a surplus of $23K with revenue exceeding expenses, holds 79.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Carl A Nelson Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +66.2% | -19.6% | +22.4% |
| 2022 | -34.0% | +30.6% | +1.7% |
| 2021 | -5.4% | -18.6% | +25.0% |
| 2020 | +119.0% | -38.2% | +29.2% |
| 2019 | -43.4% | +107.0% | -22.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Carl A Nelson Charitable Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Carl A Nelson Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors receive salaries from the foundation, which is highly efficient for a small organization.
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.
Strengths
The following positive indicators were identified for Carl A Nelson Charitable Foundation:
- Consistent asset growth (from $65,669 in 2011 to $126,958 in 2023)
- Zero officer compensation reported across all filings
- Minimal liabilities (often $1)
- Expenses consistently lower than revenue, allowing for asset accumulation
- Strong financial stability and fiscal responsibility
Frequently Asked Questions about Carl A Nelson Charitable Foundation
Is Carl A Nelson Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Carl A Nelson Charitable Foundation (EIN: 201713123) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Carl A Nelson Charitable Foundation spend its money?
Carl A Nelson Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Carl A Nelson Charitable Foundation tax-deductible?
Carl A Nelson Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 201713123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Carl A Nelson Charitable Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Carl A Nelson Charitable Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Carl A Nelson Charitable Foundation located?
Carl A Nelson Charitable Foundation is headquartered in Burlington, Iowa and files with the IRS under EIN 201713123. It is classified under NTEE code T30.
How many years of IRS 990 filings does Carl A Nelson Charitable Foundation have?
Carl A Nelson Charitable 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 $31K in total revenue.
Is Carl A Nelson Charitable Foundation a good charity?
Based on the provided financial data, the Carl A Nelson Charitable Foundation appears to be a very good charity. It consistently grows its assets (from $65,669 in 2011 to $126,958 in 2023), maintains minimal liabilities (often $1), and reports 0% officer compensation, indicating high efficiency and dedication to its mission.
How does the foundation manage its expenses relative to its revenue?
The foundation generally manages its expenses well below its revenue. For example, in 2023, revenue was $42,387 while expenses were $19,136. This trend allows the organization to build its asset base over time.
What is the trend in the foundation's assets?
The foundation's assets show a strong upward trend, increasing from $65,669 in 2011 to $126,958 in 2023, demonstrating consistent financial growth and stability.
Filing History
IRS 990 filing history for Carl A Nelson Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Carl A Nelson Charitable Foundation's revenue has grown by 96.3%, moving from $22K to $42K. Total assets increased by 93.3% over the same period, from $66K to $127K. Total functional expenses rose by 83%, from $10K to $19K. In its most recent filing year (2023), Carl A Nelson Charitable Foundation reported a surplus of $23K, with revenue exceeding expenses. The organization holds $1 in liabilities against $127K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $127K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $42K | $19K | $127K | $1 | — | — |
| 2022 | $26K | $24K | $104K | $1 | — | View 990 |
| 2021 | $39K | $18K | $102K | $1 | — | — |
| 2020 | $41K | $22K | $82K | $1 | — | — |
| 2019 | $19K | $36K | $63K | $0 | — | View 990 |
| 2015 | $33K | $18K | $81K | $2K | — | View 990 |
| 2014 | $31K | $28K | $67K | $3K | — | View 990 |
| 2013 | $7K | $19K | $61K | $500 | — | View 990 |
| 2012 | $22K | $15K | $73K | $750 | — | View 990 |
| 2011 | $22K | $10K | $66K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42K, expenses of $19K, and assets of $127K (revenue +66.2% year-over-year).
- 2022: Revenue of $26K, expenses of $24K, and assets of $104K (revenue -34.0% year-over-year).
- 2021: Revenue of $39K, expenses of $18K, and assets of $102K (revenue -5.4% year-over-year).
- 2020: Revenue of $41K, expenses of $22K, and assets of $82K (revenue +119.0% year-over-year).
- 2019: Revenue of $19K, expenses of $36K, and assets of $63K (revenue -43.4% year-over-year).
- 2015: Revenue of $33K, expenses of $18K, and assets of $81K (revenue +5.6% year-over-year).
- 2014: Revenue of $31K, expenses of $28K, and assets of $67K (revenue +343.0% year-over-year).
- 2013: Revenue of $7K, expenses of $19K, and assets of $61K (revenue -68.0% year-over-year).
- 2012: Revenue of $22K, expenses of $15K, and assets of $73K (revenue +2.0% year-over-year).
- 2011: Revenue of $22K, expenses of $10K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carl A Nelson Charitable Foundation:
Data Sources and Methodology
This transparency report for Carl A Nelson Charitable 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.