Jimmie Lynn And Billye Austin Foundation
Jimmie Lynn And Billye Austin Foundation consistently spends more than it earns, relying on its $1M asset base.
EIN: 203025112 · Oklahoma City, OK · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $175K |
| Total Expenses | $85K |
| Program Spending | 80% |
| Net Assets | $1.1M |
| Transparency Score | 75/100 |
Is Jimmie Lynn And Billye Austin Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jimmie Lynn And Billye Austin Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jimmie Lynn And Billye Austin Foundation
Jimmie Lynn And Billye Austin Foundation (EIN: 203025112) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code T22. The organization reported total revenue of $175K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jimmie Lynn And Billye Austin Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jimmie Lynn And Billye Austin Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $74K |
| Total Expenses | $85K |
| Surplus / Deficit | $-11,268 |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | -15.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 150.1 months |
Financial Health Grade: B
In 2023, Jimmie Lynn And Billye Austin Foundation reported a deficit of $11K with expenses exceeding revenue, holds 150.1 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), Jimmie Lynn And Billye Austin Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.3% | -10.7% | -1.0% |
| 2022 | -64.1% | +21.4% | -4.4% |
| 2021 | -19.4% | -1.6% | +4.8% |
| 2020 | -10.5% | +3.1% | +8.2% |
| 2019 | +210.5% | +17.2% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Jimmie Lynn And Billye Austin Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Jimmie Lynn And Billye Austin Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors receive salaries from the foundation, which is highly favorable for resource allocation.
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 Jimmie Lynn And Billye Austin Foundation's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $11,268 in 2023, $48,641 in 2022)
- Reliance on asset drawdowns to cover expenses, rather than sustainable annual revenue generation
Strengths
The following positive indicators were identified for Jimmie Lynn And Billye Austin Foundation:
- Substantial asset base ($1,063,326 latest, consistently over $1M)
- 0% officer compensation, indicating efficient use of funds for mission
- Very low liabilities ($1 in most years), showing strong financial management
- Consistent filing history, indicating transparency and compliance
Frequently Asked Questions about Jimmie Lynn And Billye Austin Foundation
Is Jimmie Lynn And Billye Austin Foundation a legitimate charity?
Jimmie Lynn And Billye Austin Foundation (EIN: 203025112) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $175K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Jimmie Lynn And Billye Austin Foundation spend its money?
Jimmie Lynn And Billye Austin Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jimmie Lynn And Billye Austin Foundation tax-deductible?
Jimmie Lynn And Billye Austin Foundation is registered as a tax-exempt nonprofit (EIN: 203025112). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jimmie Lynn And Billye Austin Foundation's spending goes to programs?
Jimmie Lynn And Billye Austin Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jimmie Lynn And Billye Austin Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Jimmie Lynn And Billye Austin 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 Jimmie Lynn And Billye Austin Foundation located?
Jimmie Lynn And Billye Austin Foundation is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 203025112. It is classified under NTEE code T22.
How many years of IRS 990 filings does Jimmie Lynn And Billye Austin Foundation have?
Jimmie Lynn And Billye Austin 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 $175K in total revenue.
Is the Jimmie Lynn And Billye Austin Foundation a good charity?
The foundation appears to be a well-managed grantmaking entity with substantial assets and no officer compensation. Its 'goodness' depends on the impact of the grants it makes, which is not detailed in these filings. Financially, it's stable due to its assets, despite recent operating deficits.
How does the foundation sustain itself with consistent operating deficits?
The foundation sustains itself by drawing from its substantial asset base, which has consistently been over $1 million. The deficits in recent years (e.g., $11,268 in 2023 and $48,641 in 2022) are covered by these assets, rather than through annual revenue generation.
What is the primary purpose of this foundation?
Based on its NTEE code T22 (Private Grantmaking Foundations), its primary purpose is to provide grants to other organizations or individuals, rather than directly operating programs itself.
Are there any concerns about the foundation's long-term financial health?
While the foundation has a strong asset base, a sustained trend of expenses exceeding revenue could gradually erode its endowment. For example, assets decreased from $1,076,215 in 2022 to $1,064,948 in 2023. This trend warrants monitoring, though the current asset level provides a significant buffer.
Filing History
IRS 990 filing history for Jimmie Lynn And Billye Austin Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jimmie Lynn And Billye Austin Foundation's revenue has grown by 290.3%, moving from $19K to $74K. Total assets increased by 5% over the same period, from $1.0M to $1.1M. Total functional expenses rose by 269.1%, from $23K to $85K. In its most recent filing year (2023), Jimmie Lynn And Billye Austin Foundation reported a deficit of $11K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $74K | $85K | $1.1M | $1 | — | — |
| 2022 | $47K | $95K | $1.1M | $1 | — | — |
| 2021 | $130K | $78K | $1.1M | $350 | — | — |
| 2020 | $161K | $80K | $1.1M | $1 | — | — |
| 2019 | $180K | $77K | $992K | $1 | — | View 990 |
| 2015 | $58K | $66K | $937K | $1 | — | View 990 |
| 2014 | $36K | $62K | $945K | $1 | — | View 990 |
| 2013 | $36K | $58K | $971K | $1 | — | View 990 |
| 2012 | $27K | $49K | $992K | $1 | — | View 990 |
| 2011 | $19K | $23K | $1.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $74K, expenses of $85K, and assets of $1.1M (revenue +58.3% year-over-year).
- 2022: Revenue of $47K, expenses of $95K, and assets of $1.1M (revenue -64.1% year-over-year).
- 2021: Revenue of $130K, expenses of $78K, and assets of $1.1M (revenue -19.4% year-over-year).
- 2020: Revenue of $161K, expenses of $80K, and assets of $1.1M (revenue -10.5% year-over-year).
- 2019: Revenue of $180K, expenses of $77K, and assets of $992K (revenue +210.5% year-over-year).
- 2015: Revenue of $58K, expenses of $66K, and assets of $937K (revenue +59.4% year-over-year).
- 2014: Revenue of $36K, expenses of $62K, and assets of $945K (revenue +0.2% year-over-year).
- 2013: Revenue of $36K, expenses of $58K, and assets of $971K (revenue +36.3% year-over-year).
- 2012: Revenue of $27K, expenses of $49K, and assets of $992K (revenue +40.9% year-over-year).
- 2011: Revenue of $19K, expenses of $23K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jimmie Lynn And Billye Austin Foundation:
Data Sources and Methodology
This transparency report for Jimmie Lynn And Billye Austin 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.