Everett And Marilyn Jensen Familyfoundation

Small family foundation maintains stable assets with no officer compensation.

EIN: 203992630 · Independence, IA · NTEE: T20 · Updated: 2026-03-28

$55KRevenue

$319KAssets

85/100Mission Score (Excellent)

T20

About Everett And Marilyn Jensen Familyfoundation

Everett And Marilyn Jensen Familyfoundation (EIN: 203992630) is a nonprofit organization based in Independence, IA, classified under NTEE code T20. The organization reported total revenue of $55K and total assets of $319K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Everett And Marilyn Jensen Familyfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Everett And Marilyn Jensen Familyfoundation appears to be a small, private foundation primarily focused on grantmaking, as indicated by its NTEE code T20 (Private Grantmaking Foundations). The organization consistently maintains a stable asset base, hovering around $300,000-$330,000 over the past decade, with current assets at $318,593. Its revenue and expenses are relatively low, with the latest reported revenue at $55,434. A notable financial characteristic is the consistent reporting of zero officer compensation across all available filings, suggesting that the foundation is run by unpaid volunteers or trustees, which is common for smaller family foundations. The foundation's liabilities are consistently minimal, often reported as $1 or $0, indicating a very healthy balance sheet with virtually no debt.

While specific program spending details are not provided in the summary data, the nature of a private grantmaking foundation implies that its primary 'program' is the distribution of grants. The absence of officer compensation significantly reduces administrative overhead. However, without a detailed breakdown of other expenses (e.g., investment management fees, legal, accounting), it's challenging to precisely determine the efficiency of its grantmaking operations. The foundation's financial stability and lack of executive compensation are positive indicators of responsible stewardship.

Transparency is generally good given the availability of 10 years of IRS 990 filings. These filings provide a clear picture of its revenue, expenses, and assets over time. The consistent reporting of minimal liabilities and zero officer compensation enhances its transparency profile, demonstrating a clear financial structure and a commitment to not using foundation funds for executive salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Everett And Marilyn Jensen Familyfoundation 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: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Everett And Marilyn Jensen Familyfoundation 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that officers or trustees are not paid, which is a strong positive for a foundation of this size and suggests a volunteer-driven model.

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 Everett And Marilyn Jensen Familyfoundation:

Consistent zero officer compensation across all filings, indicating efficient use of funds.
Stable asset base (around $300k-$330k) over a decade, demonstrating financial resilience.
Minimal liabilities ($0-$1) consistently reported, indicating a very healthy balance sheet.
Long history of IRS 990 filings (10 filings), providing good transparency into financial operations.
Revenue generally covers or exceeds expenses in most recent years, maintaining financial equilibrium.

Frequently Asked Questions about Everett And Marilyn Jensen Familyfoundation

Is Everett And Marilyn Jensen Familyfoundation a good charity?

Based on the available financial data, the foundation exhibits strong financial health with stable assets and minimal liabilities. The consistent absence of officer compensation is a significant positive, suggesting that funds are not diverted to executive salaries. Its primary function as a grantmaking foundation means its 'program' is giving, which appears to be managed responsibly.

How does the foundation's asset base compare to its revenue?

The foundation's assets of $318,593 are significantly larger than its latest annual revenue of $55,434, indicating a substantial endowment relative to its operational income. This suggests long-term financial stability and the capacity to continue its grantmaking activities.

What is the trend in the foundation's expenses?

The foundation's expenses have shown a slight upward trend over the past decade, from $18,258 in 2011 to $26,984 in 2023. This modest increase is generally in line with inflation and potentially increased grantmaking or operational costs.

Does the foundation have any debt?

No, the foundation consistently reports extremely low liabilities, often $1 or $0, across all available filings, indicating it operates virtually debt-free.

Filing History

IRS 990 filing history for Everett And Marilyn Jensen Familyfoundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Everett And Marilyn Jensen Familyfoundation's revenue has grown by 69.3%, moving from $16K to $27K. Total assets increased by 3.8% over the same period, from $304K to $315K. Total functional expenses rose by 47.8%, from $18K to $27K. In its most recent filing year (2023), Everett And Marilyn Jensen Familyfoundation reported a deficit of $14, with expenses exceeding revenue. The organization holds $1 in liabilities against $315K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $315K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$27K	$27K	$315K	$1	—	—
2022	$25K	$27K	$315K	$1	—	View 990
2021	$30K	$27K	$317K	$1	—	—
2020	$22K	$21K	$314K	$1	—	—
2019	$23K	$20K	$313K	$1	—	—
2015	$14K	$22K	$310K	$1	—	View 990
2014	$13K	$22K	$298K	$0	—	View 990
2013	$12K	$19K	$323K	$1	—	View 990
2012	$13K	$18K	$332K	$0	—	View 990
2011	$16K	$18K	$304K	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $27K, expenses of $27K, and assets of $315K (revenue +10.0% year-over-year).
2022: Revenue of $25K, expenses of $27K, and assets of $315K (revenue -18.8% year-over-year).
2021: Revenue of $30K, expenses of $27K, and assets of $317K (revenue +35.4% year-over-year).
2020: Revenue of $22K, expenses of $21K, and assets of $314K (revenue -5.1% year-over-year).
2019: Revenue of $23K, expenses of $20K, and assets of $313K (revenue +63.7% year-over-year).
2015: Revenue of $14K, expenses of $22K, and assets of $310K (revenue +12.5% year-over-year).
2014: Revenue of $13K, expenses of $22K, and assets of $298K (revenue +8.4% year-over-year).
2013: Revenue of $12K, expenses of $19K, and assets of $323K (revenue -12.4% year-over-year).
2012: Revenue of $13K, expenses of $18K, and assets of $332K (revenue -15.7% year-over-year).
2011: Revenue of $16K, expenses of $18K, and assets of $304K.

Data Sources and Methodology

This transparency report for Everett And Marilyn Jensen Familyfoundation 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.