Jack And Debra Edelman Foundationinc
Jack And Debra Edelman Foundationinc shows strong asset growth and zero officer compensation.
EIN: 208022209 · Richmond, IN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $379K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.1M |
| Transparency Score | 92/100 |
Is Jack And Debra Edelman Foundationinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jack And Debra Edelman Foundationinc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jack And Debra Edelman Foundationinc
Jack And Debra Edelman Foundationinc (EIN: 208022209) is a nonprofit organization based in Richmond, IN, classified under NTEE code T22. The organization reported total revenue of $2.8M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack And Debra Edelman Foundationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jack And Debra Edelman Foundationinc is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $379K |
| Surplus / Deficit | +$1.9M |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | 83.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 97.2 months |
Financial Health Grade: A
In 2023, Jack And Debra Edelman Foundationinc reported a surplus of $1.9M with revenue exceeding expenses, holds 97.2 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 |
|---|---|---|---|
| 2023 | +128.0% | +12.4% | +168.1% |
| 2022 | +1431.3% | +40.1% | +142.5% |
| 2021 | -87.5% | -14.8% | -27.0% |
| 2020 | +60.5% | -30.0% | +60.1% |
| 2019 | -9.2% | +21.9% | +106.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Jack And Debra Edelman Foundationinc with a Mission Score of 92 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, Jack And Debra Edelman Foundationinc 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 $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for an organization of its size with assets exceeding $3 million.
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 Jack And Debra Edelman Foundationinc's IRS 990 filings:
- Lack of detailed program vs. administrative expense breakdown in summary data
Strengths
The following positive indicators were identified for Jack And Debra Edelman Foundationinc:
- Strong asset growth, from $142,021 in 2011 to $3,070,503 in 2023.
- Consistently low expenses relative to revenue, indicating efficiency.
- Zero officer compensation reported across all filings, maximizing funds for mission.
- Minimal liabilities ($1 consistently reported), indicating strong financial stability.
- Significant revenue increases in recent years, such as $2,304,410 in 2023.
Frequently Asked Questions about Jack And Debra Edelman Foundationinc
Is Jack And Debra Edelman Foundationinc a legitimate charity?
Jack And Debra Edelman Foundationinc (EIN: 208022209) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Jack And Debra Edelman Foundationinc spend its money?
Jack And Debra Edelman Foundationinc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jack And Debra Edelman Foundationinc tax-deductible?
Jack And Debra Edelman Foundationinc is registered as a tax-exempt nonprofit (EIN: 208022209). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jack And Debra Edelman Foundationinc CEO make?
Jack And Debra Edelman Foundationinc's highest-compensated officer earns $3 annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Jack And Debra Edelman Foundationinc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Jack And Debra Edelman Foundationinc 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 Jack And Debra Edelman Foundationinc located?
Jack And Debra Edelman Foundationinc is headquartered in Richmond, Indiana and files with the IRS under EIN 208022209. It is classified under NTEE code T22.
How many years of IRS 990 filings does Jack And Debra Edelman Foundationinc have?
Jack And Debra Edelman Foundationinc 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 $2.8M in total revenue.
Is Jack And Debra Edelman Foundationinc a good charity?
Based on the provided financial data, the Jack And Debra Edelman Foundationinc appears to be a very good charity. It demonstrates strong financial health, significant asset growth, and a highly efficient operational model with 0% officer compensation.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved over time, with assets growing from $142,021 in 2011 to $3,070,503 in 2023. Revenue has also seen substantial increases, particularly in recent years, far outpacing expenses.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, with 0% reported officer compensation in all available filings, suggesting a volunteer-led or very lean administrative structure.
Filing History
IRS 990 filing history for Jack And Debra Edelman Foundationinc showing financial trends over 10 years of public records:
Total assets increased by 2062% over the same period, from $142K to $3.1M. Total functional expenses rose by 631.7%, from $52K to $379K. In its most recent filing year (2023), Jack And Debra Edelman Foundationinc reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $379K | $3.1M | $1 | — | View 990 |
| 2022 | $1.0M | $337K | $1.1M | $1 | — | View 990 |
| 2021 | $66K | $241K | $472K | $1 | — | View 990 |
| 2020 | $526K | $283K | $647K | $1 | — | — |
| 2019 | $328K | $404K | $404K | $1 | — | View 990 |
| 2015 | $361K | $332K | $196K | $1 | — | View 990 |
| 2014 | $308K | $252K | $167K | $1 | — | View 990 |
| 2013 | $73K | $355K | $110K | $1 | — | View 990 |
| 2012 | $502K | $252K | $392K | $1 | — | View 990 |
| 2011 | $-6,147 | $52K | $142K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $379K, and assets of $3.1M (revenue +128.0% year-over-year).
- 2022: Revenue of $1.0M, expenses of $337K, and assets of $1.1M (revenue +1431.3% year-over-year).
- 2021: Revenue of $66K, expenses of $241K, and assets of $472K (revenue -87.5% year-over-year).
- 2020: Revenue of $526K, expenses of $283K, and assets of $647K (revenue +60.5% year-over-year).
- 2019: Revenue of $328K, expenses of $404K, and assets of $404K (revenue -9.2% year-over-year).
- 2015: Revenue of $361K, expenses of $332K, and assets of $196K (revenue +17.2% year-over-year).
- 2014: Revenue of $308K, expenses of $252K, and assets of $167K (revenue +323.2% year-over-year).
- 2013: Revenue of $73K, expenses of $355K, and assets of $110K (revenue -85.5% year-over-year).
- 2012: Revenue of $502K, expenses of $252K, and assets of $392K.
- 2011: Revenue of $-6,147, expenses of $52K, and assets of $142K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jack And Debra Edelman Foundationinc:
Data Sources and Methodology
This transparency report for Jack And Debra Edelman Foundationinc 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.