Daniel And Sharon Bowen Foundation
Daniel And Sharon Bowen Foundation maintains substantial assets despite highly volatile and often negative reported annual revenues.
EIN: 205984891 · Grand Rapids, MI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| Net Assets | $17.7M |
| Transparency Score | 85/100 |
Is Daniel And Sharon Bowen Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Daniel And Sharon Bowen Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Daniel And Sharon Bowen Foundation
Daniel And Sharon Bowen Foundation (EIN: 205984891) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code T20. The organization reported total revenue of $2.3M and total assets of $16.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daniel And Sharon Bowen Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daniel And Sharon Bowen Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -102.2% | +30.6% | -9.2% |
| 2021 | +3028.7% | +4.1% | +1027.2% |
| 2020 | -69.7% | -2.8% | -19.6% |
| 2019 | +1355.8% | -3.3% | +457.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Daniel And Sharon Bowen Foundation with a Mission Score of 85 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Daniel And Sharon Bowen Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the IRS 990, which is a strong positive for resource allocation.
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 Daniel And Sharon Bowen Foundation's IRS 990 filings:
- Highly volatile reported annual revenue, including significant negative figures in recent years (e.g., $-833,354 in 2023)
- Lack of detailed expense breakdown on the 990 to clearly distinguish program, administrative, and fundraising costs without further investigation.
Strengths
The following positive indicators were identified for Daniel And Sharon Bowen Foundation:
- Substantial and growing asset base, reaching $17,724,797 in 2023, indicating strong financial reserves.
- Consistently minimal liabilities ($1), demonstrating excellent financial stability and low debt.
- 0% reported officer compensation across all filings, suggesting efficient use of funds and potentially volunteer leadership.
- Consistent operational expenses despite revenue volatility, implying stable grantmaking or operational capacity.
Frequently Asked Questions about Daniel And Sharon Bowen Foundation
Is Daniel And Sharon Bowen Foundation a legitimate charity?
Daniel And Sharon Bowen Foundation (EIN: 205984891) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.3M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Daniel And Sharon Bowen Foundation spend its money?
Daniel And Sharon Bowen Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Daniel And Sharon Bowen Foundation tax-deductible?
Daniel And Sharon Bowen Foundation is registered as a tax-exempt nonprofit (EIN: 205984891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Daniel And Sharon Bowen Foundation's spending goes to programs?
Daniel And Sharon Bowen Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Daniel And Sharon Bowen Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Daniel And Sharon Bowen 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 Daniel And Sharon Bowen Foundation located?
Daniel And Sharon Bowen Foundation is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 205984891. It is classified under NTEE code T20.
How many years of IRS 990 filings does Daniel And Sharon Bowen Foundation have?
Daniel And Sharon Bowen 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 $2.3M in total revenue.
Why has the foundation reported negative revenue in recent years (e.g., $-833,354 in 2023 and $-456,287 in 2022)?
Negative revenue figures for private foundations often reflect investment losses or specific accounting treatments for asset depreciation rather than a lack of incoming funds for operations. Given the substantial assets, it's likely related to investment performance.
How does the foundation sustain its operations and grantmaking with such volatile revenue, especially negative figures?
The foundation likely sustains its operations and grantmaking through its significant asset base, drawing from its endowment or investment portfolio to cover expenses, particularly in years where reported revenue is low or negative.
What is the primary use of the foundation's expenses, given its NTEE code T20 (Private Grantmaking Foundations)?
As a private grantmaking foundation, the vast majority of its expenses are expected to be in the form of grants and contributions to other organizations, which constitutes its program spending.
What is the nature of the 'Liabilities=$1' reported consistently across most filings?
A reported liability of $1 is typically a placeholder or a de minimis amount, effectively indicating that the organization has virtually no outstanding debt or significant financial obligations.
Filing History
IRS 990 filing history for Daniel And Sharon Bowen Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Daniel And Sharon Bowen Foundation's revenue has declined by 4356.1%, moving from $20K to $-833,354. Total assets increased by 4918.6% over the same period, from $353K to $17.7M. Total functional expenses rose by 472.8%, from $185K to $1.1M. The organization holds $1 in liabilities against $17.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-833,354 | $1.1M | $17.7M | $1 | — | View 990 |
| 2022 | $-456,287 | $1.5M | $19.6M | $1 | — | View 990 |
| 2021 | $20.8M | $1.2M | $21.6M | $1 | — | View 990 |
| 2020 | $664K | $1.1M | $1.9M | $1 | — | — |
| 2019 | $2.2M | $1.2M | $2.4M | $1 | — | — |
| 2015 | $151K | $1.2M | $428K | $1 | — | View 990 |
| 2014 | $91K | $544K | $1.5M | $1 | — | View 990 |
| 2013 | $83K | $420K | $1.9M | $1 | — | View 990 |
| 2012 | $2.0M | $108K | $2.3M | $0 | — | View 990 |
| 2011 | $20K | $185K | $353K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-833,354, expenses of $1.1M, and assets of $17.7M.
- 2022: Revenue of $-456,287, expenses of $1.5M, and assets of $19.6M (revenue -102.2% year-over-year).
- 2021: Revenue of $20.8M, expenses of $1.2M, and assets of $21.6M (revenue +3028.7% year-over-year).
- 2020: Revenue of $664K, expenses of $1.1M, and assets of $1.9M (revenue -69.7% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.2M, and assets of $2.4M (revenue +1355.8% year-over-year).
- 2015: Revenue of $151K, expenses of $1.2M, and assets of $428K (revenue +65.7% year-over-year).
- 2014: Revenue of $91K, expenses of $544K, and assets of $1.5M (revenue +9.5% year-over-year).
- 2013: Revenue of $83K, expenses of $420K, and assets of $1.9M (revenue -95.9% year-over-year).
- 2012: Revenue of $2.0M, expenses of $108K, and assets of $2.3M (revenue +10251.1% year-over-year).
- 2011: Revenue of $20K, expenses of $185K, and assets of $353K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daniel And Sharon Bowen Foundation:
Data Sources and Methodology
This transparency report for Daniel And Sharon Bowen 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.