Jay Van Andel Trust Uad 82878
Jay Van Andel Trust consistently expends significantly more than its annual revenue, drawing from its substantial $172 million asset base for philanthropic distributions.
EIN: 206425186 · Grand Rapids, MI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $24.2M |
| Program Spending | 95% |
| Net Assets | $170.5M |
| Transparency Score | 85/100 |
Is Jay Van Andel Trust Uad 82878 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jay Van Andel Trust Uad 82878 directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jay Van Andel Trust Uad 82878
Jay Van Andel Trust Uad 82878 (EIN: 206425186) is a nonprofit organization based in Grand Rapids, MI. The organization reported total revenue of $1.0M and total assets of $172.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jay Van Andel Trust Uad 82878's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jay Van Andel Trust Uad 82878 is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -45.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $24.2M |
| Surplus / Deficit | $-22,363,715 |
| Total Assets | $170.8M |
| Total Liabilities | $339K |
| Net Assets | $170.5M |
| Operating Margin | -1205.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 84.6 months |
Financial Health Grade: B
In 2023, Jay Van Andel Trust Uad 82878 reported a deficit of $22.4M with expenses exceeding revenue, holds 84.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Jay Van Andel Trust Uad 82878's revenue has declined at a compound annual growth rate (CAGR) of -45.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -90.3% | -78.5% | -2.4% |
| 2022 | -44.8% | +0.2% | -42.6% |
| 2021 | -2.4% | +7.8% | -16.2% |
| 2020 | +64.2% | +232.1% | -14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Van Andel Trust Uad 82878 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Jay Van Andel Trust Uad 82878 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the trust's officers or trustees are not compensated directly from the organization's funds, which is a positive sign for financial efficiency.
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 Van Andel Trust Uad 82878's IRS 990 filings:
- Significant decline in assets from $423,928,672 in 2019 to $170,797,079 in 2023, indicating substantial distributions or investment losses.
Strengths
The following positive indicators were identified for Jay Van Andel Trust Uad 82878:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the leadership level.
- Substantial asset base of $172,683,847, providing a strong foundation for continued philanthropic activities.
- Consistent distribution of significant funds, with expenses often far exceeding annual revenue, demonstrating active grant-making.
Frequently Asked Questions about Jay Van Andel Trust Uad 82878
Is Jay Van Andel Trust Uad 82878 a legitimate charity?
Based on AI analysis of IRS 990 filings, Jay Van Andel Trust Uad 82878 (EIN: 206425186) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Jay Van Andel Trust Uad 82878 spend its money?
Jay Van Andel Trust Uad 82878 directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jay Van Andel Trust Uad 82878 tax-deductible?
Jay Van Andel Trust Uad 82878 is registered as a tax-exempt nonprofit (EIN: 206425186). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jay Van Andel Trust Uad 82878 located?
Jay Van Andel Trust Uad 82878 is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 206425186.
How many years of IRS 990 filings does Jay Van Andel Trust Uad 82878 have?
Jay Van Andel Trust Uad 82878 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 $1.0M in total revenue.
Is Jay Van Andel Trust UAD 82878 a good charity?
As a private trust, it functions as a grant-making entity rather than a direct service charity. Its 'goodness' should be evaluated based on its grant-making impact and financial stewardship. With substantial assets ($172,683,847) and no reported officer compensation, it appears to be a well-managed philanthropic vehicle.
Why are expenses consistently much higher than revenue?
This is typical for a private trust or foundation that makes grants. The trust likely distributes funds from its endowment (assets) and prior investment gains, rather than solely relying on annual contributions. For example, in 2023, expenses were $24,218,338 while revenue was $1,854,623, indicating significant distributions from its principal or accumulated earnings.
What is the primary purpose of this organization?
Based on the financial data, the Jay Van Andel Trust UAD 82878 appears to be a grant-making private foundation, distributing funds to other organizations in line with its philanthropic objectives.
Filing History
IRS 990 filing history for Jay Van Andel Trust Uad 82878 showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Jay Van Andel Trust Uad 82878's revenue has declined by 91.4%, moving from $21.6M to $1.9M. Total assets decreased by 59.7% over the same period, from $423.9M to $170.8M. Total functional expenses fell by 23%, from $31.5M to $24.2M. In its most recent filing year (2023), Jay Van Andel Trust Uad 82878 reported a deficit of $22.4M, with expenses exceeding revenue. The organization holds $339K in liabilities against $170.8M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $170.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $24.2M | $170.8M | $339K | — | — |
| 2022 | $19.1M | $112.8M | $174.9M | $846K | — | View 990 |
| 2021 | $34.6M | $112.6M | $304.7M | $853K | — | View 990 |
| 2020 | $35.4M | $104.5M | $363.7M | $955K | — | View 990 |
| 2019 | $21.6M | $31.5M | $423.9M | $144K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $24.2M, and assets of $170.8M (revenue -90.3% year-over-year).
- 2022: Revenue of $19.1M, expenses of $112.8M, and assets of $174.9M (revenue -44.8% year-over-year).
- 2021: Revenue of $34.6M, expenses of $112.6M, and assets of $304.7M (revenue -2.4% year-over-year).
- 2020: Revenue of $35.4M, expenses of $104.5M, and assets of $363.7M (revenue +64.2% year-over-year).
- 2019: Revenue of $21.6M, expenses of $31.5M, and assets of $423.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jay Van Andel Trust Uad 82878:
Data Sources and Methodology
This transparency report for Jay Van Andel Trust Uad 82878 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.