Jay R Paul Charitable Foundation
Jay R Paul Charitable Foundation operates with no officer compensation and minimal liabilities, consistently maintaining a stable asset base.
EIN: 208119490 · Bronxville, NY · NTEE: T22 · Updated: 2026-03-28
Is Jay R Paul Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jay R Paul Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jay R Paul Charitable Foundation
Jay R Paul Charitable Foundation (EIN: 208119490) is a nonprofit organization based in Bronxville, NY, classified under NTEE code T22. The organization reported total revenue of $14.6M and total assets of $11.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jay R Paul Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jay R Paul Charitable Foundation is a large nonprofit that has been operating for 17 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 | $58K |
| Total Expenses | $14K |
| Surplus / Deficit | +$43K |
| Total Assets | $257K |
| Total Liabilities | $1 |
| Net Assets | $257K |
| Operating Margin | 75.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 213.4 months |
Financial Health Grade: A
In 2023, Jay R Paul Charitable Foundation reported a surplus of $43K with revenue exceeding expenses, holds 213.4 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 | +1542.2% | +139.8% | +20.3% |
| 2022 | -92.3% | -92.8% | -1.2% |
| 2021 | +6.3% | -38.2% | -14.9% |
| 2020 | -83.5% | -63.7% | -26.6% |
| 2019 | +211.1% | +284.3% | -19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Jay R Paul Charitable Foundation with a Mission Score of 85 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, Jay R Paul Charitable Foundation 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 $43K, 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 the foundation's leadership is unpaid, which is highly favorable for minimizing administrative overhead.
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 Jay R Paul Charitable Foundation's IRS 990 filings:
- Lack of detailed program expense breakdown in provided data
- Declining asset base over the long term (from $531,435 in 2011 to $257,382 in 2023)
Strengths
The following positive indicators were identified for Jay R Paul Charitable Foundation:
- Zero officer compensation reported across all filings
- Extremely low liabilities ($1 consistently reported)
- Consistent financial stability with positive net assets
- Strong indication of program focus due to nature of private grantmaking foundation and lack of fundraising expenses
Frequently Asked Questions about Jay R Paul Charitable Foundation
Is Jay R Paul Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jay R Paul Charitable Foundation (EIN: 208119490) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Jay R Paul Charitable Foundation spend its money?
Jay R Paul Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jay R Paul Charitable Foundation tax-deductible?
Jay R Paul Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 208119490). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific grants or programs funded by the Jay R Paul Charitable Foundation?
The provided data does not detail the specific grants or programs funded by the foundation. As a private grantmaking foundation (NTEE T22), its primary 'program' activity would be issuing grants to other organizations or individuals.
How does the foundation generate its revenue?
The filings show varying revenue amounts, such as $57,888 in 2023 and $3,525 in 2022. As a private foundation, revenue typically comes from investment income, contributions from the founding family or related entities, or other asset-generated income.
What is the long-term trend of the foundation's asset base?
The foundation's assets have generally decreased over the period, from $531,435 in 2011 to $257,382 in 2023, though they remain substantial relative to annual expenses.
Filing History
IRS 990 filing history for Jay R Paul Charitable Foundation showing financial trends over 10 years of public records:
Total assets decreased by 51.6% over the same period, from $531K to $257K. Total functional expenses fell by 66.2%, from $43K to $14K. In its most recent filing year (2023), Jay R Paul Charitable Foundation reported a surplus of $43K, with revenue exceeding expenses. The organization holds $1 in liabilities against $257K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $257K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $58K | $14K | $257K | $1 | — | — |
| 2022 | $4K | $6K | $214K | $1 | — | View 990 |
| 2021 | $46K | $84K | $216K | $1 | — | View 990 |
| 2020 | $43K | $135K | $254K | $1 | — | View 990 |
| 2019 | $261K | $372K | $346K | $1 | — | — |
| 2015 | $84K | $97K | $431K | $1 | — | View 990 |
| 2014 | $99K | $111K | $444K | $1 | — | View 990 |
| 2013 | $30K | $91K | $457K | $1 | — | View 990 |
| 2012 | $83K | $96K | $518K | $1 | — | View 990 |
| 2011 | $-4,818 | $43K | $531K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $58K, expenses of $14K, and assets of $257K (revenue +1542.2% year-over-year).
- 2022: Revenue of $4K, expenses of $6K, and assets of $214K (revenue -92.3% year-over-year).
- 2021: Revenue of $46K, expenses of $84K, and assets of $216K (revenue +6.3% year-over-year).
- 2020: Revenue of $43K, expenses of $135K, and assets of $254K (revenue -83.5% year-over-year).
- 2019: Revenue of $261K, expenses of $372K, and assets of $346K (revenue +211.1% year-over-year).
- 2015: Revenue of $84K, expenses of $97K, and assets of $431K (revenue -14.9% year-over-year).
- 2014: Revenue of $99K, expenses of $111K, and assets of $444K (revenue +229.4% year-over-year).
- 2013: Revenue of $30K, expenses of $91K, and assets of $457K (revenue -64.0% year-over-year).
- 2012: Revenue of $83K, expenses of $96K, and assets of $518K.
- 2011: Revenue of $-4,818, expenses of $43K, and assets of $531K.
Data Sources and Methodology
This transparency report for Jay R Paul Charitable 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.