James I Perkins Family Foundation
James I Perkins Family Foundation consistently grows assets with minimal liabilities and no reported officer compensation.
EIN: 20762991 · Tyler, TX · NTEE: T20 · Updated: 2026-03-28
Is James I Perkins Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James I Perkins Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James I Perkins Family Foundation
James I Perkins Family Foundation (EIN: 20762991) is a nonprofit organization based in Tyler, TX, classified under NTEE code T20. The organization reported total revenue of $4.4M and total assets of $37.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James I Perkins Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates James I Perkins Family Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, James I Perkins Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The James I Perkins Family Foundation reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not reported as officer compensation on the 990, which is highly favorable for a foundation of its size with assets exceeding $37 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 James I Perkins Family Foundation's IRS 990 filings:
- No specific red flags identified based on the provided financial data.
Strengths
The following positive indicators were identified for James I Perkins Family Foundation:
- Consistent asset growth (from $5.5M in 2011 to $37.9M currently)
- Extremely low liabilities (consistently $1 in recent years)
- 0% reported officer compensation across all filings
- Strong financial health with revenues consistently exceeding expenses
- Clear focus on grantmaking as a private foundation (NTEE T20)
Frequently Asked Questions about James I Perkins Family Foundation
Is James I Perkins Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, James I Perkins Family Foundation (EIN: 20762991) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does James I Perkins Family Foundation spend its money?
James I Perkins Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to James I Perkins Family Foundation tax-deductible?
James I Perkins Family Foundation is registered as a tax-exempt nonprofit (EIN: 20762991). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the James I Perkins Family Foundation a good charity?
Based on the available IRS 990 data, the James I Perkins Family Foundation appears to be a very well-managed and efficient grantmaking organization. It consistently grows its assets, maintains extremely low liabilities, and reports no officer compensation, all of which are strong indicators of a 'good charity' focused on its mission.
How has the foundation's asset base grown over time?
The foundation's assets have shown remarkable growth, increasing from $5,519,853 in 2011 to $37,949,037 currently, demonstrating strong financial stewardship and investment performance.
What is the foundation's approach to executive compensation?
The foundation reports 0% officer compensation in all available filings, suggesting a volunteer-led or very low-cost executive structure, which is a positive indicator of resource allocation towards its mission.
Filing History
IRS 990 filing history for James I Perkins Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), James I Perkins Family Foundation's revenue has grown by 7.3%, moving from $2.6M to $2.8M. Total assets increased by 550.5% over the same period, from $5.5M to $35.9M. Total functional expenses rose by 732.5%, from $203K to $1.7M. In its most recent filing year (2023), James I Perkins Family Foundation reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $35.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $35.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $1.7M | $35.9M | $1 | — | — |
| 2022 | $1.1M | $741K | $32.0M | $1 | — | View 990 |
| 2021 | $4.1M | $974K | $35.5M | $1 | — | View 990 |
| 2020 | $2.4M | $652K | $28.6M | $1 | — | — |
| 2019 | $5.3M | $989K | $24.9M | $1 | — | View 990 |
| 2015 | $1.8M | $474K | $10.7M | $1 | — | View 990 |
| 2014 | $3.3M | $556K | $9.4M | $1 | — | View 990 |
| 2013 | $1.8M | $421K | $6.7M | $1 | — | View 990 |
| 2012 | $46K | $537K | $5.0M | $0 | — | View 990 |
| 2011 | $2.6M | $203K | $5.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $1.7M, and assets of $35.9M (revenue +158.3% year-over-year).
- 2022: Revenue of $1.1M, expenses of $741K, and assets of $32.0M (revenue -73.6% year-over-year).
- 2021: Revenue of $4.1M, expenses of $974K, and assets of $35.5M (revenue +67.5% year-over-year).
- 2020: Revenue of $2.4M, expenses of $652K, and assets of $28.6M (revenue -53.8% year-over-year).
- 2019: Revenue of $5.3M, expenses of $989K, and assets of $24.9M (revenue +195.5% year-over-year).
- 2015: Revenue of $1.8M, expenses of $474K, and assets of $10.7M (revenue -45.0% year-over-year).
- 2014: Revenue of $3.3M, expenses of $556K, and assets of $9.4M (revenue +78.6% year-over-year).
- 2013: Revenue of $1.8M, expenses of $421K, and assets of $6.7M (revenue +3899.2% year-over-year).
- 2012: Revenue of $46K, expenses of $537K, and assets of $5.0M (revenue -98.3% year-over-year).
- 2011: Revenue of $2.6M, expenses of $203K, and assets of $5.5M.
Data Sources and Methodology
This transparency report for James I Perkins Family 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.