J J Segal Foundation
J J Segal Foundation's assets decline over a decade as expenses frequently exceed revenue.
EIN: 20694092 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $104K |
| Program Spending | 80% |
| Net Assets | $670K |
| Transparency Score | 70/100 |
Is J J Segal Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
J J Segal Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About J J Segal Foundation
J J Segal Foundation (EIN: 20694092) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $86K and total assets of $657K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J J Segal Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J J Segal Foundation is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $94K |
| Total Expenses | $104K |
| Surplus / Deficit | $-10,906 |
| Total Assets | $670K |
| Total Liabilities | $1 |
| Net Assets | $670K |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 77.0 months |
Financial Health Grade: B
In 2023, J J Segal Foundation reported a deficit of $11K with expenses exceeding revenue, holds 77.0 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 J Segal Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +96.1% | +6.2% | -1.6% |
| 2022 | -35.8% | +65.9% | -6.9% |
| 2021 | +219.4% | +12.7% | +2.1% |
| 2020 | -40.7% | -11.6% | -3.9% |
| 2019 | +83.1% | -4.2% | -13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 J Segal Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, J J Segal Foundation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The J J Segal Foundation consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly favorable for minimizing administrative costs.
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 J Segal Foundation's IRS 990 filings:
- Consistent decline in assets over the past decade (from $879,178 in 2011 to $669,881 in 2023)
- Expenses frequently exceed revenue (e.g., 2023: $104,448 expenses vs. $93,542 revenue; 2022: $98,344 expenses vs. $47,701 revenue)
- Reliance on existing assets to cover operational deficits
Strengths
The following positive indicators were identified for J J Segal Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level
- Consistent filing of IRS 990s, demonstrating transparency
- Minimal liabilities ($1 in most recent filings)
Frequently Asked Questions about J J Segal Foundation
Is J J Segal Foundation a legitimate charity?
J J Segal Foundation (EIN: 20694092) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $86K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does J J Segal Foundation spend its money?
J J Segal Foundation directs 80% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to J J Segal Foundation tax-deductible?
J J Segal Foundation is registered as a tax-exempt nonprofit (EIN: 20694092). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does J J Segal Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), J J Segal 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 J J Segal Foundation located?
J J Segal Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 20694092. It is classified under NTEE code T22.
How many years of IRS 990 filings does J J Segal Foundation have?
J J Segal 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 $86K in total revenue.
Is J J Segal Foundation financially sustainable long-term?
The foundation's long-term financial sustainability is questionable given the consistent decline in assets from $879,178 in 2011 to $669,881 in 2023, and the frequent instances where expenses have exceeded revenue, such as in 2023 ($104,448 expenses vs. $93,542 revenue) and 2022 ($98,344 expenses vs. $47,701 revenue).
What is the primary reason for the decline in assets?
The primary reason for the decline in assets appears to be that the foundation's expenses have frequently outpaced its revenue. For example, in 8 out of the 10 provided filings, expenses were higher than revenue, leading to a draw-down on existing assets.
How does the lack of officer compensation impact the organization?
The lack of officer compensation (0% reported) significantly reduces administrative overhead, allowing more of the organization's funds to be directed towards its mission or other operational costs. It also indicates a volunteer-driven or very lean operational model at the executive level.
Filing History
IRS 990 filing history for J J Segal Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), J J Segal Foundation's revenue has grown by 122%, moving from $42K to $94K. Total assets decreased by 23.8% over the same period, from $879K to $670K. Total functional expenses rose by 130.9%, from $45K to $104K. In its most recent filing year (2023), J J Segal Foundation reported a deficit of $11K, with expenses exceeding revenue. The organization holds $1 in liabilities against $670K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $670K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $94K | $104K | $670K | $1 | — | — |
| 2022 | $48K | $98K | $681K | $1 | — | View 990 |
| 2021 | $74K | $59K | $731K | $1 | — | View 990 |
| 2020 | $23K | $53K | $716K | $1 | — | View 990 |
| 2019 | $39K | $60K | $746K | $1 | — | View 990 |
| 2015 | $21K | $62K | $865K | $1 | — | View 990 |
| 2014 | $36K | $42K | $906K | $1 | — | View 990 |
| 2013 | $37K | $39K | $911K | $1 | — | View 990 |
| 2012 | $92K | $58K | $913K | $0 | — | View 990 |
| 2011 | $42K | $45K | $879K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $94K, expenses of $104K, and assets of $670K (revenue +96.1% year-over-year).
- 2022: Revenue of $48K, expenses of $98K, and assets of $681K (revenue -35.8% year-over-year).
- 2021: Revenue of $74K, expenses of $59K, and assets of $731K (revenue +219.4% year-over-year).
- 2020: Revenue of $23K, expenses of $53K, and assets of $716K (revenue -40.7% year-over-year).
- 2019: Revenue of $39K, expenses of $60K, and assets of $746K (revenue +83.1% year-over-year).
- 2015: Revenue of $21K, expenses of $62K, and assets of $865K (revenue -40.2% year-over-year).
- 2014: Revenue of $36K, expenses of $42K, and assets of $906K (revenue -3.4% year-over-year).
- 2013: Revenue of $37K, expenses of $39K, and assets of $911K (revenue -59.5% year-over-year).
- 2012: Revenue of $92K, expenses of $58K, and assets of $913K (revenue +117.4% year-over-year).
- 2011: Revenue of $42K, expenses of $45K, and assets of $879K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J J Segal Foundation:
Data Sources and Methodology
This transparency report for J J Segal 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.