J & J Neely Foundation
EIN: 566505854 · Winston Salem, NC · NTEE: T20Z
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $78K |
| Net Assets | $826K |
Is J & J Neely Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About J & J Neely Foundation
J & J Neely Foundation (EIN: 566505854) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code T20Z. The organization reported total revenue of $79K and total assets of $826K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J & J Neely Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J & J Neely Foundation is a micro nonprofit that has been operating for 28 years, with 7 years of IRS 990 filings on record (2010–2019).
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $38K |
| Total Expenses | $78K |
| Surplus / Deficit | $-40,022 |
| Total Assets | $826K |
| Total Liabilities | $1 |
| Net Assets | $826K |
| Operating Margin | -106.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 127.7 months |
Financial Health Grade: B
In 2019, J & J Neely Foundation reported a deficit of $40K with expenses exceeding revenue, holds 127.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -71.1% | +58.6% | -15.0% |
| 2015 | +216.7% | -12.1% | +10.0% |
| 2014 | +9.3% | -9.2% | -1.7% |
| 2013 | +62.5% | +9.4% | -2.5% |
| 2012 | -68.0% | +17.0% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for J & J Neely Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates J & J Neely Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about J & J Neely Foundation
Is J & J Neely Foundation a legitimate charity?
J & J Neely Foundation (EIN: 566505854) is a registered tax-exempt nonprofit based in North Carolina. It has 7 years of IRS 990 filings on record. Total revenue: $79K. No red flags identified. Financial health grade: B.
How does J & J Neely Foundation spend its money?
J & J Neely Foundation reported $79K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to J & J Neely Foundation tax-deductible?
J & J Neely Foundation is registered as a tax-exempt nonprofit (EIN: 566505854). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is J & J Neely Foundation located?
J & J Neely Foundation is headquartered in Winston Salem, North Carolina and files with the IRS under EIN 566505854. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does J & J Neely Foundation have?
J & J Neely Foundation has 7 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 $79K in total revenue.
Filing History
IRS 990 filing history for J & J Neely Foundation showing financial trends over 7 years of public records:
Total assets decreased by 11.4% over the same period, from $933K to $826K. Total functional expenses rose by 52.2%, from $51K to $78K. In its most recent filing year (2019), J & J Neely Foundation reported a deficit of $40K, with expenses exceeding revenue. The organization holds $1 in liabilities against $826K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $826K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $38K | $78K | $826K | $1 | — | — |
| 2015 | $130K | $49K | $972K | $0 | — | View 990 |
| 2014 | $41K | $56K | $884K | $0 | — | View 990 |
| 2013 | $38K | $61K | $899K | $0 | — | View 990 |
| 2012 | $23K | $56K | $923K | $1 | — | View 990 |
| 2011 | $72K | $48K | $953K | $1 | — | View 990 |
| 2010 | $-60,132 | $51K | $933K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $38K, expenses of $78K, and assets of $826K (revenue -71.1% year-over-year).
- 2015: Revenue of $130K, expenses of $49K, and assets of $972K (revenue +216.7% year-over-year).
- 2014: Revenue of $41K, expenses of $56K, and assets of $884K (revenue +9.3% year-over-year).
- 2013: Revenue of $38K, expenses of $61K, and assets of $899K (revenue +62.5% year-over-year).
- 2012: Revenue of $23K, expenses of $56K, and assets of $923K (revenue -68.0% year-over-year).
- 2011: Revenue of $72K, expenses of $48K, and assets of $953K.
- 2010: Revenue of $-60,132, expenses of $51K, and assets of $933K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J & J Neely Foundation:
Data Sources and Methodology
This transparency report for J & J Neely 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.