Jeff And Susie Seitz Charitable Foundation
Jeff And Susie Seitz Charitable Foundation shows strong revenue growth and zero executive compensation, indicating efficient operations.
EIN: 200390907 · Bettendorf, IA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $597K |
| Total Expenses | $160K |
| Program Spending | 95% |
| Net Assets | $729K |
| Transparency Score | 92/100 |
Is Jeff And Susie Seitz Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jeff And Susie Seitz Charitable Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jeff And Susie Seitz Charitable Foundation
Jeff And Susie Seitz Charitable Foundation (EIN: 200390907) is a nonprofit organization based in Bettendorf, IA, classified under NTEE code T22. The organization reported total revenue of $597K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jeff And Susie Seitz Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jeff And Susie Seitz Charitable Foundation is a small nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 102.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $603K |
| Total Expenses | $160K |
| Surplus / Deficit | +$442K |
| Total Assets | $729K |
| Total Liabilities | $1 |
| Net Assets | $729K |
| Operating Margin | 73.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 54.6 months |
Financial Health Grade: A
In 2023, Jeff And Susie Seitz Charitable Foundation reported a surplus of $442K with revenue exceeding expenses, holds 54.6 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), Jeff And Susie Seitz Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 102.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +141.1% | +27.6% | +154.3% |
| 2022 | +46.7% | +27.6% | +76.5% |
| 2021 | +209.7% | +53.8% | +79.5% |
| 2020 | +64.8% | +25.0% | -9.0% |
| 2019 | +122.4% | +156.0% | -25.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Jeff And Susie Seitz Charitable Foundation with a Mission Score of 92 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, Jeff And Susie Seitz Charitable 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 $442K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly commendable for a charitable foundation and suggests a volunteer-driven leadership.
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 Jeff And Susie Seitz Charitable Foundation:
- Significant revenue growth from $55,012 in 2020 to $602,559 in 2023, indicating strong financial support.
- Zero officer compensation reported across all filings, demonstrating a highly efficient and volunteer-led operational model.
- Consistent increase in assets, from $90,500 in 2020 to $729,026 in 2023, enhancing long-term sustainability and grantmaking potential.
- Low liabilities ($1 in recent years) indicating sound financial management and minimal debt.
- Consistent IRS 990 filing history over 10 periods, reflecting strong transparency and compliance.
Frequently Asked Questions about Jeff And Susie Seitz Charitable Foundation
Is Jeff And Susie Seitz Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jeff And Susie Seitz Charitable Foundation (EIN: 200390907) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Jeff And Susie Seitz Charitable Foundation spend its money?
Jeff And Susie Seitz Charitable Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jeff And Susie Seitz Charitable Foundation tax-deductible?
Jeff And Susie Seitz Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 200390907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Jeff And Susie Seitz Charitable Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Jeff And Susie Seitz Charitable Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jeff And Susie Seitz Charitable Foundation located?
Jeff And Susie Seitz Charitable Foundation is headquartered in Bettendorf, Iowa and files with the IRS under EIN 200390907. It is classified under NTEE code T22.
How many years of IRS 990 filings does Jeff And Susie Seitz Charitable Foundation have?
Jeff And Susie Seitz Charitable Foundation 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 $597K in total revenue.
How has the foundation managed to grow its revenue so significantly in recent years?
The foundation's revenue has surged from $55,012 in 2020 to $602,559 in 2023, a substantial increase that could be attributed to successful fundraising campaigns, significant donations, or favorable investment returns. Further details would require examining the specific revenue sources reported on their 990 forms.
What specific programs does the Jeff And Susie Seitz Charitable Foundation support?
The provided NTEE code T22 indicates 'Private Grantmaking Foundations'. While the data confirms its status as a grantmaker, specific details about the types of programs or beneficiaries it supports are not available in this summary.
What is the foundation's strategy for asset growth?
The foundation's assets have grown from $90,500 in 2020 to $729,026 in 2023. This growth is likely a combination of retained earnings (revenue exceeding expenses) and potentially investment gains. The consistent low expense ratio suggests a strategy of accumulating capital to increase its grantmaking capacity over time.
Filing History
IRS 990 filing history for Jeff And Susie Seitz Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jeff And Susie Seitz Charitable Foundation's revenue has grown by 463406.9%, moving from $130 to $603K. Total assets increased by 649.3% over the same period, from $97K to $729K. Total functional expenses rose by 2122.1%, from $7K to $160K. In its most recent filing year (2023), Jeff And Susie Seitz Charitable Foundation reported a surplus of $442K, with revenue exceeding expenses. The organization holds $1 in liabilities against $729K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $729K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $603K | $160K | $729K | $1 | — | View 990 |
| 2022 | $250K | $126K | $287K | $1 | — | View 990 |
| 2021 | $170K | $98K | $162K | $1 | — | View 990 |
| 2020 | $55K | $64K | $91K | $1 | — | View 990 |
| 2019 | $33K | $51K | $99K | $1 | — | View 990 |
| 2015 | $15K | $20K | $133K | $1 | — | View 990 |
| 2014 | $15K | $4K | $138K | $1 | — | View 990 |
| 2013 | $23K | $3K | $127K | $1 | — | View 990 |
| 2012 | $10K | $0 | $107K | $0 | — | View 990 |
| 2011 | $130 | $7K | $97K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $603K, expenses of $160K, and assets of $729K (revenue +141.1% year-over-year).
- 2022: Revenue of $250K, expenses of $126K, and assets of $287K (revenue +46.7% year-over-year).
- 2021: Revenue of $170K, expenses of $98K, and assets of $162K (revenue +209.7% year-over-year).
- 2020: Revenue of $55K, expenses of $64K, and assets of $91K (revenue +64.8% year-over-year).
- 2019: Revenue of $33K, expenses of $51K, and assets of $99K (revenue +122.4% year-over-year).
- 2015: Revenue of $15K, expenses of $20K, and assets of $133K (revenue +0.0% year-over-year).
- 2014: Revenue of $15K, expenses of $4K, and assets of $138K (revenue -33.4% year-over-year).
- 2013: Revenue of $23K, expenses of $3K, and assets of $127K (revenue +123.8% year-over-year).
- 2012: Revenue of $10K, expenses of $0, and assets of $107K (revenue +7644.6% year-over-year).
- 2011: Revenue of $130, expenses of $7K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jeff And Susie Seitz Charitable Foundation:
Data Sources and Methodology
This transparency report for Jeff And Susie Seitz 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.