Chansoo & Elisabeth Bittner Joung Foundation
Chansoo & Elisabeth Bittner Joung Foundation reports significant operating deficit in 2022 with revenue of $3,591 against $30,981 in expenses.
EIN: 134091397 · Jackson, WY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $31K |
| Program Spending | 80% |
| Net Assets | $281K |
| Transparency Score | 65/100 |
Is Chansoo & Elisabeth Bittner Joung Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chansoo & Elisabeth Bittner Joung Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chansoo & Elisabeth Bittner Joung Foundation
Chansoo & Elisabeth Bittner Joung Foundation (EIN: 134091397) is a nonprofit organization based in Jackson, WY, classified under NTEE code T20. The organization reported total revenue of $4K and total assets of $281K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chansoo & Elisabeth Bittner Joung Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chansoo & Elisabeth Bittner Joung Foundation is a micro nonprofit that has been operating for 25 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -27.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $31K |
| Surplus / Deficit | $-27,390 |
| Total Assets | $281K |
| Total Liabilities | $1 |
| Net Assets | $281K |
| Operating Margin | -762.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 108.8 months |
Financial Health Grade: B
In 2022, Chansoo & Elisabeth Bittner Joung Foundation reported a deficit of $27K with expenses exceeding revenue, holds 108.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Chansoo & Elisabeth Bittner Joung Foundation's revenue has declined at a compound annual growth rate (CAGR) of -27.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -99.0% | -83.0% | -8.9% |
| 2021 | +652.6% | +447.9% | +21.1% |
| 2020 | +398.8% | -18.9% | -7.8% |
| 2019 | -93.3% | -10.7% | +25.4% |
| 2015 | +1550.7% | -27.1% | +87.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Chansoo & Elisabeth Bittner Joung Foundation with a Mission Score of 65 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, Chansoo & Elisabeth Bittner Joung 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for minimizing administrative overhead.
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 Chansoo & Elisabeth Bittner Joung Foundation's IRS 990 filings:
- Inconsistent revenue generation with significant year-over-year fluctuations.
- Consistent operating deficits in multiple years (e.g., 2022, 2019, 2014, 2012) where expenses exceed revenue.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary makes full efficiency assessment difficult.
Strengths
The following positive indicators were identified for Chansoo & Elisabeth Bittner Joung Foundation:
- Zero officer compensation reported across all filings, indicating efficient executive cost management.
- Strong asset base ($280,922 in 2022) relative to annual revenue and expenses, providing financial stability.
- Minimal liabilities ($1 across all filings) indicates a very healthy balance sheet with no significant debt.
Frequently Asked Questions about Chansoo & Elisabeth Bittner Joung Foundation
Is Chansoo & Elisabeth Bittner Joung Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Chansoo & Elisabeth Bittner Joung Foundation (EIN: 134091397) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Chansoo & Elisabeth Bittner Joung Foundation spend its money?
Chansoo & Elisabeth Bittner Joung Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chansoo & Elisabeth Bittner Joung Foundation tax-deductible?
Chansoo & Elisabeth Bittner Joung Foundation is registered as a tax-exempt nonprofit (EIN: 134091397). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Chansoo & Elisabeth Bittner Joung Foundation's spending goes to programs?
Chansoo & Elisabeth Bittner Joung Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chansoo & Elisabeth Bittner Joung Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Chansoo & Elisabeth Bittner Joung 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 Chansoo & Elisabeth Bittner Joung Foundation located?
Chansoo & Elisabeth Bittner Joung Foundation is headquartered in Jackson, Wyoming and files with the IRS under EIN 134091397. It is classified under NTEE code T20.
How many years of IRS 990 filings does Chansoo & Elisabeth Bittner Joung Foundation have?
Chansoo & Elisabeth Bittner Joung Foundation has 9 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 $4K in total revenue.
What is the specific purpose of the Chansoo & Elisabeth Bittner Joung Foundation, given its NTEE code T20?
The NTEE code T20 indicates that this is a private grantmaking foundation. This means its primary purpose is typically to make grants to other organizations or individuals to support charitable activities, rather than directly operating programs.
How does the foundation cover its operating deficits, such as the $27,390 deficit in 2022?
Operating deficits are likely covered by drawing down from the foundation's existing assets, which stood at $280,922 in 2022. This suggests the foundation is spending more than it earns in a given year, relying on its endowment or prior accumulated funds.
What is the typical grantmaking activity of the foundation, and how much is distributed annually?
The provided data does not detail the amount of grants distributed. To assess this, one would need to examine the specific expense categories within the full IRS 990 forms, particularly Schedule I for grants and other assistance.
Is the significant fluctuation in revenue (e.g., $376,178 in 2021 vs. $3,591 in 2022) normal for this type of foundation?
Such large fluctuations can be normal for private foundations, especially if their revenue is primarily derived from investment returns, large one-time donations, or specific endowment contributions that vary year-to-year. However, it makes financial planning and consistent grantmaking more challenging.
Filing History
IRS 990 filing history for Chansoo & Elisabeth Bittner Joung Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Chansoo & Elisabeth Bittner Joung Foundation's revenue has declined by 97.1%, moving from $122K to $4K. Total assets increased by 74.3% over the same period, from $161K to $281K. Total functional expenses fell by 65%, from $89K to $31K. In its most recent filing year (2022), Chansoo & Elisabeth Bittner Joung Foundation reported a deficit of $27K, with expenses exceeding revenue. The organization holds $1 in liabilities against $281K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $281K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $4K | $31K | $281K | $1 | — | View 990 |
| 2021 | $376K | $183K | $308K | $1 | — | — |
| 2020 | $50K | $33K | $255K | $1 | — | View 990 |
| 2019 | $10K | $41K | $276K | $1 | — | View 990 |
| 2015 | $149K | $46K | $220K | $1 | — | View 990 |
| 2014 | $9K | $63K | $117K | $1 | — | View 990 |
| 2013 | $157K | $125K | $171K | $1 | — | View 990 |
| 2012 | $35K | $57K | $140K | $1 | — | View 990 |
| 2011 | $122K | $89K | $161K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $4K, expenses of $31K, and assets of $281K (revenue -99.0% year-over-year).
- 2021: Revenue of $376K, expenses of $183K, and assets of $308K (revenue +652.6% year-over-year).
- 2020: Revenue of $50K, expenses of $33K, and assets of $255K (revenue +398.8% year-over-year).
- 2019: Revenue of $10K, expenses of $41K, and assets of $276K (revenue -93.3% year-over-year).
- 2015: Revenue of $149K, expenses of $46K, and assets of $220K (revenue +1550.7% year-over-year).
- 2014: Revenue of $9K, expenses of $63K, and assets of $117K (revenue -94.2% year-over-year).
- 2013: Revenue of $157K, expenses of $125K, and assets of $171K (revenue +341.7% year-over-year).
- 2012: Revenue of $35K, expenses of $57K, and assets of $140K (revenue -70.9% year-over-year).
- 2011: Revenue of $122K, expenses of $89K, and assets of $161K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chansoo & Elisabeth Bittner Joung Foundation:
Data Sources and Methodology
This transparency report for Chansoo & Elisabeth Bittner Joung 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.