Joan C Edwards Charitable Foudation
Joan C Edwards Charitable Foundation maintains stable expenses and substantial assets despite fluctuating revenues and a recent negative revenue year.
EIN: 208374445 · Cleveland, OH · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.5M |
| Total Expenses | $2.3M |
| Program Spending | 90% |
| Net Assets | $28.9M |
| Transparency Score | 85/100 |
Is Joan C Edwards Charitable Foudation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Joan C Edwards Charitable Foudation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joan C Edwards Charitable Foudation
Joan C Edwards Charitable Foudation (EIN: 208374445) is a nonprofit organization based in Cleveland, OH, classified under NTEE code T22. The organization reported total revenue of $18.5M and total assets of $29.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joan C Edwards Charitable Foudation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joan C Edwards Charitable Foudation is a large nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -116.4% | +1.9% | -7.9% |
| 2022 | -80.3% | +8.3% | -4.8% |
| 2021 | +173.1% | -3.5% | +12.1% |
| 2020 | -18.3% | -13.9% | -8.6% |
| 2019 | -14.6% | +6.2% | +26.3% |
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 Joan C Edwards Charitable Foudation with a Mission Score of 85 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, Joan C Edwards Charitable Foudation 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries are paid by the foundation, which is highly efficient for an organization of its asset size.
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 Joan C Edwards Charitable Foudation's IRS 990 filings:
- Negative revenue reported in 2023 (-$116,639) without clear explanation in provided data.
Strengths
The following positive indicators were identified for Joan C Edwards Charitable Foudation:
- Consistent 0% officer compensation, indicating highly efficient use of funds for executive salaries.
- Substantial and stable asset base (around $29 million) providing long-term financial security.
- Minimal liabilities ($1 in recent years) demonstrating strong financial health and low debt.
- Consistent filing of IRS Form 990s, indicating good transparency practices.
Frequently Asked Questions about Joan C Edwards Charitable Foudation
Is Joan C Edwards Charitable Foudation a legitimate charity?
Joan C Edwards Charitable Foudation (EIN: 208374445) is a registered tax-exempt nonprofit based in Ohio. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $18.5M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Joan C Edwards Charitable Foudation spend its money?
Joan C Edwards Charitable Foudation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Joan C Edwards Charitable Foudation tax-deductible?
Joan C Edwards Charitable Foudation is registered as a tax-exempt nonprofit (EIN: 208374445). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Joan C Edwards Charitable Foudation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Joan C Edwards Charitable Foudation 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 Joan C Edwards Charitable Foudation located?
Joan C Edwards Charitable Foudation is headquartered in Cleveland, Ohio and files with the IRS under EIN 208374445. It is classified under NTEE code T22.
How many years of IRS 990 filings does Joan C Edwards Charitable Foudation have?
Joan C Edwards Charitable Foudation 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 $18.5M in total revenue.
Is the Joan C Edwards Charitable Foundation financially stable?
Yes, despite significant revenue fluctuations, including a negative revenue in 2023, the foundation maintains substantial assets ($28,889,992 in 2023) and minimal liabilities ($1), indicating strong financial stability.
How does the foundation manage its administrative costs?
The foundation appears to manage administrative costs very efficiently, as officer compensation is consistently reported at 0% across all available filings, suggesting a lean or volunteer-driven executive structure.
What caused the negative revenue in 2023?
The provided data does not specify the exact cause of the $-116,639 negative revenue in 2023. This could be due to investment losses, significant returns of prior year grants, or other financial adjustments, and would require further investigation of the full 990 filing.
Filing History
IRS 990 filing history for Joan C Edwards Charitable Foudation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Joan C Edwards Charitable Foudation's revenue has declined by 105.4%, moving from $2.2M to $-116,639. Total assets decreased by 0.9% over the same period, from $29.2M to $28.9M. Total functional expenses rose by 14%, from $2.0M to $2.3M. The organization holds $1 in liabilities against $28.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $28.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-116,639 | $2.3M | $28.9M | $1 | — | View 990 |
| 2022 | $711K | $2.3M | $31.4M | $1 | — | View 990 |
| 2021 | $3.6M | $2.1M | $32.9M | $1 | — | View 990 |
| 2020 | $1.3M | $2.2M | $29.4M | $1 | — | View 990 |
| 2019 | $1.6M | $2.5M | $32.2M | $1 | — | — |
| 2015 | $1.9M | $2.4M | $25.5M | $0 | — | View 990 |
| 2014 | $4.9M | $2.3M | $29.8M | $0 | — | View 990 |
| 2013 | $2.0M | $2.3M | $29.6M | $0 | — | View 990 |
| 2012 | $4.0M | $2.0M | $31.6M | $0 | — | View 990 |
| 2011 | $2.2M | $2.0M | $29.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-116,639, expenses of $2.3M, and assets of $28.9M (revenue -116.4% year-over-year).
- 2022: Revenue of $711K, expenses of $2.3M, and assets of $31.4M (revenue -80.3% year-over-year).
- 2021: Revenue of $3.6M, expenses of $2.1M, and assets of $32.9M (revenue +173.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $2.2M, and assets of $29.4M (revenue -18.3% year-over-year).
- 2019: Revenue of $1.6M, expenses of $2.5M, and assets of $32.2M (revenue -14.6% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.4M, and assets of $25.5M (revenue -61.6% year-over-year).
- 2014: Revenue of $4.9M, expenses of $2.3M, and assets of $29.8M (revenue +150.8% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.3M, and assets of $29.6M (revenue -51.1% year-over-year).
- 2012: Revenue of $4.0M, expenses of $2.0M, and assets of $31.6M (revenue +85.3% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.0M, and assets of $29.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joan C Edwards Charitable Foudation:
Data Sources and Methodology
This transparency report for Joan C Edwards Charitable Foudation 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.