Jay And Marsha Millard Foundation
EIN: 822901482 · Dayton, KY · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $459K |
| Net Assets | $93K |
Is Jay And Marsha Millard Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jay And Marsha Millard Foundation
Jay And Marsha Millard Foundation (EIN: 822901482) is a nonprofit organization based in Dayton, KY, classified under NTEE code B82. The organization reported total revenue of $1.4M and total assets of $287K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jay And Marsha Millard Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jay And Marsha Millard Foundation is a mid-size nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 44.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $616K |
| Total Expenses | $459K |
| Surplus / Deficit | +$156K |
| Total Assets | $93K |
| Net Assets | $93K |
| Operating Margin | 25.4% |
| Months of Reserves | 2.4 months |
Financial Health Grade: A
In 2023, Jay And Marsha Millard Foundation reported a surplus of $156K with revenue exceeding expenses, holds 2.4 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), Jay And Marsha Millard Foundation's revenue has grown at a compound annual growth rate (CAGR) of 44.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.4% | +24.3% | -16.3% |
| 2022 | +36.0% | +36.1% | +93.5% |
| 2021 | -24.3% | +16.0% | -57.1% |
| 2020 | +162.6% | +59.5% | +13439400.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jay And Marsha Millard 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 Jay And Marsha Millard 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $156K, with revenue exceeding expenses.
Frequently Asked Questions about Jay And Marsha Millard Foundation
Is Jay And Marsha Millard Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jay And Marsha Millard Foundation (EIN: 822901482) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jay And Marsha Millard Foundation spend its money?
Detailed spending breakdown data is not yet available for Jay And Marsha Millard Foundation. Check back for updated IRS 990 analysis.
Are donations to Jay And Marsha Millard Foundation tax-deductible?
Jay And Marsha Millard Foundation is registered as a tax-exempt nonprofit (EIN: 822901482). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jay And Marsha Millard Foundation located?
Jay And Marsha Millard Foundation is headquartered in Dayton, Kentucky and files with the IRS under EIN 822901482. It is classified under NTEE code B82.
How many years of IRS 990 filings does Jay And Marsha Millard Foundation have?
Jay And Marsha Millard Foundation has 5 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Jay And Marsha Millard Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Jay And Marsha Millard Foundation's revenue has grown by 338.9%, moving from $140K to $616K. Total assets increased by 9335400% over the same period, from $1 to $93K. Total functional expenses rose by 213%, from $147K to $459K. In its most recent filing year (2023), Jay And Marsha Millard Foundation reported a surplus of $156K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $616K | $459K | $93K | $0 | — | — |
| 2022 | $379K | $369K | $112K | $0 | — | View 990 |
| 2021 | $279K | $272K | $58K | $0 | — | View 990 |
| 2020 | $368K | $234K | $134K | $0 | — | — |
| 2019 | $140K | $147K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $616K, expenses of $459K, and assets of $93K (revenue +62.4% year-over-year).
- 2022: Revenue of $379K, expenses of $369K, and assets of $112K (revenue +36.0% year-over-year).
- 2021: Revenue of $279K, expenses of $272K, and assets of $58K (revenue -24.3% year-over-year).
- 2020: Revenue of $368K, expenses of $234K, and assets of $134K (revenue +162.6% year-over-year).
- 2019: Revenue of $140K, expenses of $147K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jay And Marsha Millard Foundation:
Data Sources and Methodology
This transparency report for Jay And Marsha Millard 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.