Diana Nelson And John Atwaterfamily Foundation
Diana Nelson And John Atwaterfamily Foundation shows fluctuating revenues and expenses, with consistent asset growth and no officer compensation.
EIN: 204900208 · Minnetonka, MN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $920K |
| Total Expenses | $254K |
| Program Spending | 80% |
| Net Assets | $732K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Diana Nelson And John Atwaterfamily Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Diana Nelson And John Atwaterfamily Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Diana Nelson And John Atwaterfamily Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $24K and expenses of $254K.
Revenue and Expenses
Diana Nelson And John Atwaterfamily Foundation reported $24K in revenue and $254K in expenses, a deficit of $229K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Diana Nelson And John Atwaterfamily Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $203K (80%) |
Across stored filings, Diana Nelson And John Atwaterfamily Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with North American Lake Management Society | Minnesota and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Minnetonka, MN nonprofitsPhilanthropy in Minnesota
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Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Diana Nelson And John Atwaterfamily Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Diana Nelson And John Atwaterfamily Foundation
Diana Nelson And John Atwaterfamily Foundation (EIN: 204900208) is a nonprofit organization based in Minnetonka, MN, classified under NTEE code T22. The organization reported total revenue of $920K and total assets of $749K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Diana Nelson And John Atwaterfamily Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Diana Nelson And John Atwaterfamily Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $254K |
| Surplus / Deficit | $-229,350 |
| Total Assets | $732K |
| Total Liabilities | $1 |
| Net Assets | $732K |
| Operating Margin | -943.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 34.6 months |
Financial Health Grade: B
In 2023, Diana Nelson And John Atwaterfamily Foundation reported a deficit of $229K with expenses exceeding revenue, holds 34.6 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), Diana Nelson And John Atwaterfamily Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.4% | +700.9% | -14.2% |
| 2022 | -93.7% | -64.5% | -22.1% |
| 2021 | +1888.8% | +159.3% | +34.1% |
| 2020 | -98.1% | -57.9% | +9.0% |
| 2019 | +25.3% | -57.1% | +84.1% |
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 Diana Nelson And John Atwaterfamily 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Diana Nelson And John Atwaterfamily 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 deficit of $229K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that officers do not draw salaries from the foundation, which is a positive sign 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 Diana Nelson And John Atwaterfamily Foundation's IRS 990 filings:
- Significant annual deficits in some years (e.g., 2023: Revenue $24,302, Expenses $253,652)
- Consistent reporting of $1 in liabilities, which is an unusual accounting practice.
Strengths
The following positive indicators were identified for Diana Nelson And John Atwaterfamily Foundation:
- Consistent 0% officer compensation across all filings, indicating no executive salaries.
- Significant growth in assets over the decade, from $61,286 in 2011 to $732,235 in 2023.
- Minimal liabilities reported, suggesting a strong financial position.
Frequently Asked Questions about Diana Nelson And John Atwaterfamily Foundation
Is Diana Nelson And John Atwaterfamily Foundation a legitimate charity?
Diana Nelson And John Atwaterfamily Foundation (EIN: 204900208) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $920K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Diana Nelson And John Atwaterfamily Foundation spend its money?
Diana Nelson And John Atwaterfamily Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Diana Nelson And John Atwaterfamily Foundation tax-deductible?
Diana Nelson And John Atwaterfamily Foundation is registered as a tax-exempt nonprofit (EIN: 204900208). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Diana Nelson And John Atwaterfamily Foundation's spending goes to programs?
Diana Nelson And John Atwaterfamily Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Diana Nelson And John Atwaterfamily Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Diana Nelson And John Atwaterfamily Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Diana Nelson And John Atwaterfamily Foundation located?
Diana Nelson And John Atwaterfamily Foundation is headquartered in Minnetonka, Minnesota and files with the IRS under EIN 204900208. It is classified under NTEE code T22.
How many years of IRS 990 filings does Diana Nelson And John Atwaterfamily Foundation have?
Diana Nelson And John Atwaterfamily 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 $920K in total revenue.
Is the Diana Nelson And John Atwaterfamily Foundation a good charity?
As a private foundation, its 'goodness' is often measured by its grantmaking and asset management. The foundation consistently reports 0% officer compensation and has grown its assets from $61,286 in 2011 to $732,235 in 2023, suggesting sound financial management and a focus on its mission without excessive overhead from executive pay.
Why are liabilities consistently reported as $1?
The consistent reporting of $1 in liabilities across all filings is unusual for most organizations. While not necessarily a red flag, it could indicate a simplified accounting practice for minor outstanding balances or a specific reporting convention for private foundations with minimal operational debt.
How does the foundation manage such varied annual revenues and expenses?
The foundation's ability to maintain and grow its asset base despite significant year-to-year fluctuations in revenue and expenses (e.g., $24,302 revenue vs. $253,652 expenses in 2023) suggests it relies on its endowment or investment income to cover operational and grantmaking costs, rather than solely on annual contributions.
Filing History
IRS 990 filing history for Diana Nelson And John Atwaterfamily Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Diana Nelson And John Atwaterfamily Foundation's revenue has declined by 83.4%, moving from $146K to $24K. Total assets increased by 1094.8% over the same period, from $61K to $732K. Total functional expenses rose by 39%, from $183K to $254K. In its most recent filing year (2023), Diana Nelson And John Atwaterfamily Foundation reported a deficit of $229K, with expenses exceeding revenue. The organization holds $1 in liabilities against $732K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $732K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $254K | $732K | $1 | — | — |
| 2022 | $16K | $32K | $853K | $1 | — | View 990 |
| 2021 | $260K | $89K | $1.1M | $1 | — | View 990 |
| 2020 | $13K | $34K | $817K | $1 | — | — |
| 2019 | $699K | $82K | $749K | $1 | — | View 990 |
| 2015 | $558K | $190K | $407K | $1 | — | View 990 |
| 2014 | $743K | $293K | $528K | $1 | — | View 990 |
| 2013 | $344K | $122K | $276K | $1 | — | View 990 |
| 2012 | $267K | $181K | $144K | $1 | — | View 990 |
| 2011 | $146K | $183K | $61K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $254K, and assets of $732K (revenue +47.4% year-over-year).
- 2022: Revenue of $16K, expenses of $32K, and assets of $853K (revenue -93.7% year-over-year).
- 2021: Revenue of $260K, expenses of $89K, and assets of $1.1M (revenue +1888.8% year-over-year).
- 2020: Revenue of $13K, expenses of $34K, and assets of $817K (revenue -98.1% year-over-year).
- 2019: Revenue of $699K, expenses of $82K, and assets of $749K (revenue +25.3% year-over-year).
- 2015: Revenue of $558K, expenses of $190K, and assets of $407K (revenue -24.9% year-over-year).
- 2014: Revenue of $743K, expenses of $293K, and assets of $528K (revenue +115.8% year-over-year).
- 2013: Revenue of $344K, expenses of $122K, and assets of $276K (revenue +29.1% year-over-year).
- 2012: Revenue of $267K, expenses of $181K, and assets of $144K (revenue +82.7% year-over-year).
- 2011: Revenue of $146K, expenses of $183K, and assets of $61K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Diana Nelson And John Atwaterfamily Foundation:
Data Sources and Methodology
This transparency report for Diana Nelson And John Atwaterfamily 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.