J Clyde And Velma Apolios England Family Charitable Foundation No 2
J Clyde And Velma Apolios England Family Charitable Foundation No 2 maintains over $1.3 million in assets with minimal liabilities and no officer compensation.
EIN: 207277315 · Bowling Green, KY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $948K |
| Total Expenses | $73K |
| Program Spending | 90% |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is J Clyde And Velma Apolios England Family Charitable Foundation No 2 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
J Clyde And Velma Apolios England Family Charitable Foundation No 2 directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About J Clyde And Velma Apolios England Family Charitable Foundation No 2
J Clyde And Velma Apolios England Family Charitable Foundation No 2 (EIN: 207277315) is a nonprofit organization based in Bowling Green, KY, classified under NTEE code T22. The organization reported total revenue of $948K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J Clyde And Velma Apolios England Family Charitable Foundation No 2's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J Clyde And Velma Apolios England Family Charitable Foundation No 2 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 12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $288K |
| Total Expenses | $73K |
| Surplus / Deficit | +$215K |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | 74.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 227.4 months |
Financial Health Grade: A
In 2023, J Clyde And Velma Apolios England Family Charitable Foundation No 2 reported a surplus of $215K with revenue exceeding expenses, holds 227.4 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), J Clyde And Velma Apolios England Family Charitable Foundation No 2's revenue has grown at a compound annual growth rate (CAGR) of 12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +617.8% | -26.3% | +18.3% |
| 2022 | -34.5% | +12.7% | -4.8% |
| 2021 | +79.9% | +8.9% | -2.1% |
| 2020 | -32.7% | -27.3% | -3.6% |
| 2019 | +1.5% | +4.5% | -12.3% |
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 J Clyde And Velma Apolios England Family Charitable Foundation No 2 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, J Clyde And Velma Apolios England Family Charitable Foundation No 2 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 $215K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filing periods, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is common for smaller private foundations.
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 J Clyde And Velma Apolios England Family Charitable Foundation No 2's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for J Clyde And Velma Apolios England Family Charitable Foundation No 2:
- Strong asset base, consistently over $1.1 million.
- Minimal liabilities ($1 or $0) across all reported periods.
- No reported officer compensation, suggesting low administrative overhead for leadership.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
- Stable financial operations as a private grantmaking foundation.
Frequently Asked Questions about J Clyde And Velma Apolios England Family Charitable Foundation No 2
Is J Clyde And Velma Apolios England Family Charitable Foundation No 2 a legitimate charity?
J Clyde And Velma Apolios England Family Charitable Foundation No 2 (EIN: 207277315) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $948K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does J Clyde And Velma Apolios England Family Charitable Foundation No 2 spend its money?
J Clyde And Velma Apolios England Family Charitable Foundation No 2 directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to J Clyde And Velma Apolios England Family Charitable Foundation No 2 tax-deductible?
J Clyde And Velma Apolios England Family Charitable Foundation No 2 is registered as a tax-exempt nonprofit (EIN: 207277315). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does J Clyde And Velma Apolios England Family Charitable Foundation No 2 compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), J Clyde And Velma Apolios England Family Charitable Foundation No 2 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 J Clyde And Velma Apolios England Family Charitable Foundation No 2 located?
J Clyde And Velma Apolios England Family Charitable Foundation No 2 is headquartered in Bowling Green, Kentucky and files with the IRS under EIN 207277315. It is classified under NTEE code T22.
How many years of IRS 990 filings does J Clyde And Velma Apolios England Family Charitable Foundation No 2 have?
J Clyde And Velma Apolios England Family Charitable Foundation No 2 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 $948K in total revenue.
What is the primary purpose of this foundation?
As a private grantmaking foundation (NTEE T22), its primary purpose is to provide financial support to other charitable organizations or individuals, rather than directly operating programs.
How does the foundation manage its expenses relative to its revenue?
Expenses generally range from $70,000 to $110,000 annually. In some years, like 202312, revenue ($288,309) significantly exceeded expenses ($73,155), while in others, like 202212, expenses ($99,215) were higher than revenue ($40,166), indicating a reliance on its asset base for grantmaking.
Is the foundation financially stable?
Yes, with assets consistently above $1.1 million, reaching $1,386,515 in 202312, and minimal liabilities ($1 or $0), the foundation demonstrates strong financial stability.
Filing History
IRS 990 filing history for J Clyde And Velma Apolios England Family Charitable Foundation No 2 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), J Clyde And Velma Apolios England Family Charitable Foundation No 2's revenue has grown by 324.2%, moving from $68K to $288K. Total assets decreased by 0.4% over the same period, from $1.4M to $1.4M. Total functional expenses fell by 12.4%, from $84K to $73K. In its most recent filing year (2023), J Clyde And Velma Apolios England Family Charitable Foundation No 2 reported a surplus of $215K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $288K | $73K | $1.4M | $1 | — | View 990 |
| 2022 | $40K | $99K | $1.2M | $1 | — | View 990 |
| 2021 | $61K | $88K | $1.2M | $1 | — | — |
| 2020 | $34K | $81K | $1.3M | $1 | — | View 990 |
| 2019 | $51K | $111K | $1.3M | $0 | — | View 990 |
| 2015 | $50K | $106K | $1.5M | $1 | — | View 990 |
| 2014 | $190K | $79K | $1.5M | $1 | — | View 990 |
| 2013 | $118K | $91K | $1.4M | $1 | — | View 990 |
| 2012 | $108K | $91K | $1.4M | $1 | — | View 990 |
| 2011 | $68K | $84K | $1.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $288K, expenses of $73K, and assets of $1.4M (revenue +617.8% year-over-year).
- 2022: Revenue of $40K, expenses of $99K, and assets of $1.2M (revenue -34.5% year-over-year).
- 2021: Revenue of $61K, expenses of $88K, and assets of $1.2M (revenue +79.9% year-over-year).
- 2020: Revenue of $34K, expenses of $81K, and assets of $1.3M (revenue -32.7% year-over-year).
- 2019: Revenue of $51K, expenses of $111K, and assets of $1.3M (revenue +1.5% year-over-year).
- 2015: Revenue of $50K, expenses of $106K, and assets of $1.5M (revenue -73.7% year-over-year).
- 2014: Revenue of $190K, expenses of $79K, and assets of $1.5M (revenue +60.1% year-over-year).
- 2013: Revenue of $118K, expenses of $91K, and assets of $1.4M (revenue +9.8% year-over-year).
- 2012: Revenue of $108K, expenses of $91K, and assets of $1.4M (revenue +58.6% year-over-year).
- 2011: Revenue of $68K, expenses of $84K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J Clyde And Velma Apolios England Family Charitable Foundation No 2:
Data Sources and Methodology
This transparency report for J Clyde And Velma Apolios England Family Charitable Foundation No 2 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.