Jean And Graham Devoe Willifordcharitable Trust
Jean And Graham Devoe Willifordcharitable Trust maintains substantial assets with zero reported officer compensation.
EIN: 206971005 · Lakeway, TX · NTEE: A50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $400K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $11 |
| Net Assets | $10.9M |
| Transparency Score | 90/100 |
Is Jean And Graham Devoe Willifordcharitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jean And Graham Devoe Willifordcharitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jean And Graham Devoe Willifordcharitable Trust
Jean And Graham Devoe Willifordcharitable Trust (EIN: 206971005) is a nonprofit organization based in Lakeway, TX, classified under NTEE code A50. The organization reported total revenue of $1.5M and total assets of $11.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jean And Graham Devoe Willifordcharitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jean And Graham Devoe Willifordcharitable Trust is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $290K |
| Total Expenses | $400K |
| Surplus / Deficit | $-110,621 |
| Total Assets | $10.9M |
| Total Liabilities | $1 |
| Net Assets | $10.9M |
| Operating Margin | -38.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 327.1 months |
Financial Health Grade: B
In 2023, Jean And Graham Devoe Willifordcharitable Trust reported a deficit of $111K with expenses exceeding revenue, holds 327.1 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), Jean And Graham Devoe Willifordcharitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.5% | -4.7% | -1.0% |
| 2022 | +26.9% | -10.8% | +0.9% |
| 2021 | +304.0% | +8.8% | -0.6% |
| 2020 | -73.9% | -6.8% | -3.0% |
| 2019 | -91.5% | -5.3% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Jean And Graham Devoe Willifordcharitable Trust with a Mission Score of 90 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, Jean And Graham Devoe Willifordcharitable Trust 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 deficit of $111K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the trust, which is highly efficient for an organization of its size with assets over $11 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 Jean And Graham Devoe Willifordcharitable Trust's IRS 990 filings:
- Periods of expenses exceeding revenue, such as $400,423 expenses vs. $289,802 revenue in 202307, indicate reliance on asset drawdowns.
Strengths
The following positive indicators were identified for Jean And Graham Devoe Willifordcharitable Trust:
- Zero reported officer compensation across all filings, demonstrating high efficiency in leadership costs.
- Substantial and stable asset base of over $11 million, providing long-term financial security.
- Consistently low liabilities, indicating sound financial management and minimal debt.
- Consistent IRS 990 filing history over a decade, showing commitment to transparency and compliance.
Frequently Asked Questions about Jean And Graham Devoe Willifordcharitable Trust
Is Jean And Graham Devoe Willifordcharitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Jean And Graham Devoe Willifordcharitable Trust (EIN: 206971005) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Jean And Graham Devoe Willifordcharitable Trust spend its money?
Jean And Graham Devoe Willifordcharitable Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jean And Graham Devoe Willifordcharitable Trust tax-deductible?
Jean And Graham Devoe Willifordcharitable Trust is registered as a tax-exempt nonprofit (EIN: 206971005). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jean And Graham Devoe Willifordcharitable Trust CEO make?
Jean And Graham Devoe Willifordcharitable Trust's highest-compensated officer earns $11 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Jean And Graham Devoe Willifordcharitable Trust compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Jean And Graham Devoe Willifordcharitable Trust is above average for NTEE category A50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jean And Graham Devoe Willifordcharitable Trust located?
Jean And Graham Devoe Willifordcharitable Trust is headquartered in Lakeway, Texas and files with the IRS under EIN 206971005. It is classified under NTEE code A50.
How many years of IRS 990 filings does Jean And Graham Devoe Willifordcharitable Trust have?
Jean And Graham Devoe Willifordcharitable Trust 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 $1.5M in total revenue.
Is the Jean And Graham Devoe Willifordcharitable Trust financially stable?
Yes, the trust is financially stable, evidenced by its consistent asset base of over $11 million and minimal liabilities ($1 in recent years), allowing it to absorb periods where expenses exceed revenue.
How does the trust manage its administrative costs?
The trust appears to manage administrative costs very efficiently, particularly by reporting 0% officer compensation across all filings, suggesting a volunteer-led or externally managed structure for its leadership.
What is the trend in the trust's revenue and expenses?
Revenue has fluctuated significantly, from a high of $4,881,193 in 201407 to a low of $99,971 in 202007. Expenses have been more consistent, generally ranging between $370,000 and $530,000 annually, sometimes exceeding revenue.
Filing History
IRS 990 filing history for Jean And Graham Devoe Willifordcharitable Trust showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jean And Graham Devoe Willifordcharitable Trust's revenue has declined by 62.1%, moving from $765K to $290K. Total assets increased by 200.7% over the same period, from $3.6M to $10.9M. Total functional expenses fell by 8.8%, from $439K to $400K. In its most recent filing year (2023), Jean And Graham Devoe Willifordcharitable Trust reported a deficit of $111K, with expenses exceeding revenue. The organization holds $1 in liabilities against $10.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $290K | $400K | $10.9M | $1 | — | View 990 |
| 2022 | $513K | $420K | $11.0M | $1 | — | View 990 |
| 2021 | $404K | $471K | $10.9M | $1 | — | View 990 |
| 2020 | $100K | $433K | $11.0M | $1 | — | — |
| 2019 | $383K | $465K | $11.3M | $1 | — | View 990 |
| 2015 | $4.5M | $491K | $12.8M | $8K | — | View 990 |
| 2014 | $4.9M | $507K | $8.8M | $8K | — | View 990 |
| 2013 | $731K | $532K | $4.4M | $0 | — | View 990 |
| 2012 | $970K | $374K | $4.2M | $0 | — | View 990 |
| 2011 | $765K | $439K | $3.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $290K, expenses of $400K, and assets of $10.9M (revenue -43.5% year-over-year).
- 2022: Revenue of $513K, expenses of $420K, and assets of $11.0M (revenue +26.9% year-over-year).
- 2021: Revenue of $404K, expenses of $471K, and assets of $10.9M (revenue +304.0% year-over-year).
- 2020: Revenue of $100K, expenses of $433K, and assets of $11.0M (revenue -73.9% year-over-year).
- 2019: Revenue of $383K, expenses of $465K, and assets of $11.3M (revenue -91.5% year-over-year).
- 2015: Revenue of $4.5M, expenses of $491K, and assets of $12.8M (revenue -7.8% year-over-year).
- 2014: Revenue of $4.9M, expenses of $507K, and assets of $8.8M (revenue +567.5% year-over-year).
- 2013: Revenue of $731K, expenses of $532K, and assets of $4.4M (revenue -24.6% year-over-year).
- 2012: Revenue of $970K, expenses of $374K, and assets of $4.2M (revenue +26.8% year-over-year).
- 2011: Revenue of $765K, expenses of $439K, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jean And Graham Devoe Willifordcharitable Trust:
Data Sources and Methodology
This transparency report for Jean And Graham Devoe Willifordcharitable Trust 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.