Jack Van Sickle Foundation
Jack Van Sickle Foundation consistently spends more than its revenue, drawing down its substantial asset base.
EIN: 201292268 · Reno, NV · NTEE: A12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $665K |
| Total Expenses | $712K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $8.8 |
| Net Assets | $9.0M |
| Transparency Score | 75/100 |
Is Jack Van Sickle Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jack Van Sickle Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jack Van Sickle Foundation
Jack Van Sickle Foundation (EIN: 201292268) is a nonprofit organization based in Reno, NV, classified under NTEE code A12. The organization reported total revenue of $665K and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack Van Sickle Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jack Van Sickle Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $412K |
| Total Expenses | $712K |
| Surplus / Deficit | $-299,998 |
| Total Assets | $9.0M |
| Total Liabilities | $1 |
| Net Assets | $9.0M |
| Operating Margin | -72.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 151.4 months |
Financial Health Grade: B
In 2023, Jack Van Sickle Foundation reported a deficit of $300K with expenses exceeding revenue, holds 151.4 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), Jack Van Sickle Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.3% | -9.2% | -3.2% |
| 2022 | -74.6% | +1.6% | -3.8% |
| 2021 | +508.5% | +3.9% | +10.1% |
| 2020 | -46.0% | -1.3% | -5.0% |
| 2019 | -11.9% | -3.6% | -8.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Van Sickle Foundation with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Jack Van Sickle Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $300K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that the foundation's leadership is either unpaid or compensated in a manner not reflected in the 'officer compensation' section of the 990, which is a positive indicator for direct mission spending relative to its $8.8 million asset base.
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 Van Sickle Foundation's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) over multiple years, e.g., $712,375 expenses vs. $412,377 revenue in 2023.
- Declining asset base over the long term, from $11.59 million in 2011 to $8.98 million in 2023, indicating reliance on endowment drawdowns.
Strengths
The following positive indicators were identified for Jack Van Sickle Foundation:
- Very low liabilities, often reported as $1 or $0, indicating strong balance sheet health.
- Consistent reporting of 0% officer compensation, suggesting resources are not diverted to executive salaries.
- Substantial asset base ($8.83 million) provides a strong financial cushion despite operational deficits.
Frequently Asked Questions about Jack Van Sickle Foundation
Is Jack Van Sickle Foundation a legitimate charity?
Jack Van Sickle Foundation (EIN: 201292268) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $665K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Jack Van Sickle Foundation spend its money?
Jack Van Sickle Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jack Van Sickle Foundation tax-deductible?
Jack Van Sickle Foundation is registered as a tax-exempt nonprofit (EIN: 201292268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jack Van Sickle Foundation CEO make?
Jack Van Sickle Foundation's highest-compensated officer earns $8.8 annually. The organization reported $665K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Jack Van Sickle Foundation's spending goes to programs?
Jack Van Sickle Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jack Van Sickle Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Jack Van Sickle Foundation is above average for NTEE category A12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jack Van Sickle Foundation located?
Jack Van Sickle Foundation is headquartered in Reno, Nevada and files with the IRS under EIN 201292268. It is classified under NTEE code A12.
How many years of IRS 990 filings does Jack Van Sickle Foundation have?
Jack Van Sickle 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 $665K in total revenue.
Is the Jack Van Sickle Foundation financially sustainable given its consistent operational deficits?
While the foundation consistently spends more than its annual revenue (e.g., $712,375 expenses vs. $412,377 revenue in 2023), it possesses a substantial asset base of $8.98 million (2023) which allows it to cover these deficits. However, this trend has led to a gradual decline in assets over time, from $11.59 million in 2011, indicating long-term sustainability depends on future investment returns or changes in spending.
What is the nature of the foundation's expenses, given the lack of officer compensation?
With 0% officer compensation reported, the majority of the foundation's expenses (e.g., $712,375 in 2023) are likely directed towards grants, program services, and administrative overhead not related to executive salaries. Without a detailed breakdown of expenses, it's difficult to ascertain the exact allocation between program services and other operational costs.
Why has the foundation's asset base decreased over the past decade?
The foundation's asset base has decreased from $11.59 million in 2011 to $8.98 million in 2023. This decline is primarily due to the foundation consistently spending more than its annual revenue, effectively drawing down its endowment to fund its operations and grantmaking activities.
Filing History
IRS 990 filing history for Jack Van Sickle Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jack Van Sickle Foundation's revenue has grown by 44.4%, moving from $286K to $412K. Total assets decreased by 22.5% over the same period, from $11.6M to $9.0M. Total functional expenses fell by 8.5%, from $778K to $712K. In its most recent filing year (2023), Jack Van Sickle Foundation reported a deficit of $300K, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $412K | $712K | $9.0M | $1 | — | — |
| 2022 | $422K | $785K | $9.3M | $1 | — | — |
| 2021 | $1.7M | $772K | $9.7M | $1 | — | View 990 |
| 2020 | $273K | $743K | $8.8M | $1 | — | View 990 |
| 2019 | $506K | $753K | $9.2M | $1 | — | View 990 |
| 2015 | $574K | $782K | $10.0M | $1 | — | View 990 |
| 2014 | $580K | $780K | $10.3M | $0 | — | View 990 |
| 2013 | $411K | $740K | $10.5M | $0 | — | View 990 |
| 2012 | $-57,819 | $726K | $10.8M | $0 | — | View 990 |
| 2011 | $286K | $778K | $11.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $412K, expenses of $712K, and assets of $9.0M (revenue -2.3% year-over-year).
- 2022: Revenue of $422K, expenses of $785K, and assets of $9.3M (revenue -74.6% year-over-year).
- 2021: Revenue of $1.7M, expenses of $772K, and assets of $9.7M (revenue +508.5% year-over-year).
- 2020: Revenue of $273K, expenses of $743K, and assets of $8.8M (revenue -46.0% year-over-year).
- 2019: Revenue of $506K, expenses of $753K, and assets of $9.2M (revenue -11.9% year-over-year).
- 2015: Revenue of $574K, expenses of $782K, and assets of $10.0M (revenue -1.0% year-over-year).
- 2014: Revenue of $580K, expenses of $780K, and assets of $10.3M (revenue +41.2% year-over-year).
- 2013: Revenue of $411K, expenses of $740K, and assets of $10.5M.
- 2012: Revenue of $-57,819, expenses of $726K, and assets of $10.8M (revenue -120.2% year-over-year).
- 2011: Revenue of $286K, expenses of $778K, and assets of $11.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jack Van Sickle Foundation:
Data Sources and Methodology
This transparency report for Jack Van Sickle 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.