Jean T And Heyward G Pelham Foundation
Jean T And Heyward G Pelham Foundation consistently grows assets and reports zero officer compensation.
EIN: 203291660 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
Is Jean T And Heyward G Pelham Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jean T And Heyward G Pelham Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jean T And Heyward G Pelham Foundation
Jean T And Heyward G Pelham Foundation (EIN: 203291660) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $20.6M and total assets of $40.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jean T And Heyward G Pelham Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jean T And Heyward G Pelham Foundation is a large nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2008–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.3M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$6.6M |
| Total Assets | $38.1M |
| Total Liabilities | $1 |
| Net Assets | $38.1M |
| Operating Margin | 79.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 263.6 months |
Financial Health Grade: A
In 2023, Jean T And Heyward G Pelham Foundation reported a surplus of $6.6M with revenue exceeding expenses, holds 263.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2008–2023), Jean T And Heyward G Pelham Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +144.8% | -12.5% | +20.9% |
| 2022 | -27.1% | -21.3% | +4.7% |
| 2021 | +55.9% | +34.7% | +7.7% |
| 2020 | +8.8% | +24.2% | +4.2% |
| 2019 | +16.0% | +78.2% | +57.4% |
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 T And Heyward G Pelham Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Jean T And Heyward G Pelham 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is exceptional for an organization of this size with assets exceeding $38 million. This indicates that the foundation's leadership is either unpaid or compensated through other means, ensuring all funds are directed towards the foundation's mission.
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.
Strengths
The following positive indicators were identified for Jean T And Heyward G Pelham Foundation:
- Consistent asset growth, from $9.8M in 2011 to $38.1M in 2023.
- 0% officer compensation reported across all filings, indicating high dedication to mission.
- Minimal liabilities ($1 across all filings), demonstrating excellent financial stability.
- Strong spending efficiency, with expenses consistently a fraction of revenue.
- Clear focus on grantmaking as a private foundation (NTEE T22).
Frequently Asked Questions about Jean T And Heyward G Pelham Foundation
Is Jean T And Heyward G Pelham Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jean T And Heyward G Pelham Foundation (EIN: 203291660) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Jean T And Heyward G Pelham Foundation spend its money?
Jean T And Heyward G Pelham Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jean T And Heyward G Pelham Foundation tax-deductible?
Jean T And Heyward G Pelham Foundation is registered as a tax-exempt nonprofit (EIN: 203291660). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Jean T And Heyward G Pelham Foundation a good charity?
Yes, as a private grantmaking foundation, it demonstrates strong financial health, consistent asset growth, and excellent spending efficiency. The 0% officer compensation is a significant positive indicator of its commitment to its mission.
How has the foundation's financial health changed over time?
The foundation's assets have grown substantially from $9.8 million in 2011 to $38.1 million in 2023, indicating robust financial management and growth. Revenue has also shown significant fluctuations but a general upward trend, with the latest at $8.3 million in 2023.
What is the foundation's approach to executive compensation?
The foundation reports 0% officer compensation in all available filings, meaning no salaries are paid to officers from the foundation's funds. This is a highly positive aspect, maximizing resources for charitable activities.
What is the primary activity of this foundation?
Based on its NTEE code T22 (Private Grantmaking Foundations), its primary activity is making grants to other organizations to support various charitable causes.
Does the foundation have significant liabilities?
No, the foundation consistently reports minimal liabilities, typically $1 across all filings, indicating extremely strong financial stability and low financial risk.
Filing History
IRS 990 filing history for Jean T And Heyward G Pelham Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2008–2023), Jean T And Heyward G Pelham Foundation's revenue has grown by 280.7%, moving from $2.2M to $8.3M. Total assets increased by 761.9% over the same period, from $4.4M to $38.1M. Total functional expenses rose by 428.5%, from $328K to $1.7M. In its most recent filing year (2023), Jean T And Heyward G Pelham Foundation reported a surplus of $6.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $38.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $38.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.3M | $1.7M | $38.1M | $1 | — | — |
| 2022 | $3.4M | $2.0M | $31.5M | $1 | — | View 990 |
| 2021 | $4.7M | $2.5M | $30.1M | $1 | — | View 990 |
| 2020 | $3.0M | $1.9M | $28.0M | $1 | — | — |
| 2019 | $2.7M | $1.5M | $26.9M | $1 | — | View 990 |
| 2015 | $2.4M | $846K | $17.1M | $1 | — | View 990 |
| 2014 | $2.9M | $869K | $15.5M | $1 | — | View 990 |
| 2013 | $2.9M | $961K | $13.5M | $1 | — | View 990 |
| 2012 | $2.3M | $586K | $11.6M | $1 | — | View 990 |
| 2011 | $4.5M | $544K | $9.8M | $1 | — | View 990 |
| 2008 | $2.2M | $328K | $4.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.3M, expenses of $1.7M, and assets of $38.1M (revenue +144.8% year-over-year).
- 2022: Revenue of $3.4M, expenses of $2.0M, and assets of $31.5M (revenue -27.1% year-over-year).
- 2021: Revenue of $4.7M, expenses of $2.5M, and assets of $30.1M (revenue +55.9% year-over-year).
- 2020: Revenue of $3.0M, expenses of $1.9M, and assets of $28.0M (revenue +8.8% year-over-year).
- 2019: Revenue of $2.7M, expenses of $1.5M, and assets of $26.9M (revenue +16.0% year-over-year).
- 2015: Revenue of $2.4M, expenses of $846K, and assets of $17.1M (revenue -18.8% year-over-year).
- 2014: Revenue of $2.9M, expenses of $869K, and assets of $15.5M (revenue +1.3% year-over-year).
- 2013: Revenue of $2.9M, expenses of $961K, and assets of $13.5M (revenue +22.8% year-over-year).
- 2012: Revenue of $2.3M, expenses of $586K, and assets of $11.6M (revenue -48.2% year-over-year).
- 2011: Revenue of $4.5M, expenses of $544K, and assets of $9.8M (revenue +106.8% year-over-year).
- 2008: Revenue of $2.2M, expenses of $328K, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jean T And Heyward G Pelham Foundation:
Data Sources and Methodology
This transparency report for Jean T And Heyward G Pelham 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.