Jeff & Connie Woodman Foundation

Jeff & Connie Woodman Foundation shows strong asset growth and no reported officer compensation, with fluctuating revenue.

EIN: 208107346 · Bellaire, TX · NTEE: T22 · Updated: 2026-03-28

$856KRevenue
$2.6MAssets
90/100Mission Score (Excellent)
T22
Jeff & Connie Woodman Foundation Financial Summary
MetricValue
Total Revenue$856K
Total Expenses$172K
Program Spending90%
CEO/Top Officer Pay$2.6
Net Assets$2.1M
Transparency Score90/100

Search Intent Cockpit

Jeff & Connie Woodman Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Jeff & Connie Woodman Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Jeff & Connie Woodman Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $601K and expenses of $172K.

Revenue and Expenses

Jeff & Connie Woodman Foundation reported $601K in revenue and $172K in expenses, a surplus of $429K.

Executive Compensation

Top officer compensation appears as $2.6 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

90/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.

Is Jeff & Connie Woodman Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Jeff & Connie Woodman Foundation Expense Deployment
Program services$155K (90%)

Across stored filings, Jeff & Connie Woodman Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Jeff & Connie Woodman Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with At&T Corp Management & Nonrepresent Employees Postretirement WelfareTexas and Philanthropy context

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Jeff & Connie Woodman Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Jeff & Connie Woodman Foundation

Jeff & Connie Woodman Foundation (EIN: 208107346) is a nonprofit organization based in Bellaire, TX, classified under NTEE code T22. The organization reported total revenue of $856K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jeff & Connie Woodman Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

17Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Jeff & Connie Woodman Foundation is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$601K
Total Expenses$172K
Surplus / Deficit+$429K
Total Assets$2.1M
Total Liabilities$1
Net Assets$2.1M
Operating Margin71.4%
Debt-to-Asset Ratio0.0%
Months of Reserves146.7 months

Financial Health Grade: A

In 2023, Jeff & Connie Woodman Foundation reported a surplus of $429K with revenue exceeding expenses, holds 146.7 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 & Connie Woodman Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-44.1%+6.3%+28.8%
2022+37901.2%-11.1%+127.1%
2021-97.5%+11.8%-18.8%
2020-49.1%+3.2%-12.6%
2019+2506.4%+6.8%-41.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2009

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Jeff & Connie Woodman Foundation demonstrates strong financial health with consistent asset growth, reaching $2,648,580 in its latest filing. The organization consistently maintains very low liabilities, often reported as $1, indicating sound financial management and minimal debt. Revenue has fluctuated significantly over the years, from a low of $2,829 in 2021 to a high of $1,505,114 in 2012, and $1,075,055 in 2022, suggesting reliance on investment returns or large, infrequent donations rather than a steady stream of operating revenue. However, the foundation consistently spends less than its revenue, allowing for asset accumulation. Spending efficiency appears high, as evidenced by the low expense ratios relative to revenue in most recent years. For example, in 2023, expenses were $171,866 against $601,359 in revenue. A key strength is the reported 0% officer compensation across all filings, indicating that executive leadership is either unpaid or compensated through other means not reported as officer compensation, which is a positive for donor confidence. The NTEE code T22 suggests the foundation is involved in grantmaking, which typically involves distributing funds to other nonprofits rather than direct program delivery, influencing how 'program spending' is interpreted. Transparency is generally good, with a consistent filing history. The absence of officer compensation is a strong indicator of efficient use of funds. However, without a detailed breakdown of expenses (program, administrative, fundraising) within the provided data, a precise assessment of spending efficiency across these categories is limited. The foundation's consistent asset growth and minimal liabilities point to a well-managed and financially stable entity, primarily focused on accumulating and distributing funds.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Jeff & Connie Woodman 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Jeff & Connie Woodman 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:

$601KTotal Revenue
$172KTotal Expenses
$2.1MTotal Assets
$1Total Liabilities
$2.1MNet Assets
  • The organization reported a surplus of $429K, 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 highly favorable and suggests that the foundation's leadership is either volunteer-based or compensated through non-officer means, contributing to efficient use of funds relative to its asset size of over $2.6 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 Jeff & Connie Woodman Foundation's IRS 990 filings:

  • Significant year-to-year revenue fluctuations, indicating potential reliance on volatile investment returns or large, infrequent donations rather than a stable funding stream.
  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits granular spending efficiency analysis.

Strengths

The following positive indicators were identified for Jeff & Connie Woodman Foundation:

  • Consistent asset growth, reaching $2,648,580, demonstrating strong financial management.
  • Extremely low liabilities (often $1), indicating minimal debt and strong financial health.
  • 0% reported officer compensation across all filings, a strong indicator of efficient use of funds.
  • Expenses consistently well below revenue in recent years, allowing for asset accumulation.
  • Consistent IRS 990 filing history, indicating good transparency.

Frequently Asked Questions about Jeff & Connie Woodman Foundation

Is Jeff & Connie Woodman Foundation a legitimate charity?

Jeff & Connie Woodman Foundation (EIN: 208107346) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $856K. 2 red flags identified. 5 strengths noted. Financial health grade: A.

How does Jeff & Connie Woodman Foundation spend its money?

Jeff & Connie Woodman Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Jeff & Connie Woodman Foundation tax-deductible?

Jeff & Connie Woodman Foundation is registered as a tax-exempt nonprofit (EIN: 208107346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Jeff & Connie Woodman Foundation CEO make?

Jeff & Connie Woodman Foundation's highest-compensated officer earns $2.6 annually. The organization reported $856K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Jeff & Connie Woodman Foundation compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Jeff & Connie Woodman 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 & Connie Woodman Foundation located?

Jeff & Connie Woodman Foundation is headquartered in Bellaire, Texas and files with the IRS under EIN 208107346. It is classified under NTEE code T22.

How many years of IRS 990 filings does Jeff & Connie Woodman Foundation have?

Jeff & Connie Woodman 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 $856K in total revenue.

Is the Jeff & Connie Woodman Foundation financially stable?

Yes, the foundation appears very financially stable. It has consistently grown its assets, reaching $2,648,580, and maintains extremely low liabilities (often $1), indicating strong financial health and minimal debt.

How does the foundation manage executive compensation?

The foundation reports 0% officer compensation in all available filings, which is a significant positive indicator of efficient resource allocation and suggests that executive leadership is not drawing a salary from the organization's funds.

What is the foundation's primary financial activity?

Based on its NTEE code (T22 - Private Grantmaking Foundations) and financial patterns (accumulating assets, low expenses relative to revenue), its primary activity is likely grantmaking, distributing funds to other charitable organizations.

Filing History

IRS 990 filing history for Jeff & Connie Woodman Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Jeff & Connie Woodman Foundation's revenue has grown by 194.2%, moving from $204K to $601K. Total assets increased by 206.9% over the same period, from $684K to $2.1M. Total functional expenses rose by 7984%, from $2K to $172K. In its most recent filing year (2023), Jeff & Connie Woodman Foundation reported a surplus of $429K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $601K $172K $2.1M $1
2022 $1.1M $162K $1.6M $1 View 990
2021 $3K $182K $718K $1 View 990
2020 $113K $163K $884K $1
2019 $223K $158K $1.0M $1 View 990
2015 $9K $148K $1.7M $1 View 990
2014 $30K $148K $1.9M $1 View 990
2013 $15K $102K $2.0M $1 View 990
2012 $1.5M $111K $2.1M $0 View 990
2011 $204K $2K $684K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $601K, expenses of $172K, and assets of $2.1M (revenue -44.1% year-over-year).
  • 2022: Revenue of $1.1M, expenses of $162K, and assets of $1.6M (revenue +37901.2% year-over-year).
  • 2021: Revenue of $3K, expenses of $182K, and assets of $718K (revenue -97.5% year-over-year).
  • 2020: Revenue of $113K, expenses of $163K, and assets of $884K (revenue -49.1% year-over-year).
  • 2019: Revenue of $223K, expenses of $158K, and assets of $1.0M (revenue +2506.4% year-over-year).
  • 2015: Revenue of $9K, expenses of $148K, and assets of $1.7M (revenue -71.2% year-over-year).
  • 2014: Revenue of $30K, expenses of $148K, and assets of $1.9M (revenue +94.2% year-over-year).
  • 2013: Revenue of $15K, expenses of $102K, and assets of $2.0M (revenue -99.0% year-over-year).
  • 2012: Revenue of $1.5M, expenses of $111K, and assets of $2.1M (revenue +636.3% year-over-year).
  • 2011: Revenue of $204K, expenses of $2K, and assets of $684K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Jeff & Connie Woodman Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Jeff & Connie Woodman 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.

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