Joan Yellen Horvitz Foundation
Joan Yellen Horvitz Foundation consistently reports minimal revenue against significant expenses, depleting assets.
EIN: 201780711 · Jackson, WY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $32K |
| Program Spending | 75% |
| Net Assets | $5K |
| Transparency Score | 40/100 |
Is Joan Yellen Horvitz Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Joan Yellen Horvitz Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joan Yellen Horvitz Foundation
Joan Yellen Horvitz Foundation (EIN: 201780711) is a nonprofit organization based in Jackson, WY, classified under NTEE code T22. The organization reported total revenue of $1 and total assets of $554 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joan Yellen Horvitz Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joan Yellen Horvitz Foundation is a micro nonprofit that has been operating for 20 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -73.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $32K |
| Surplus / Deficit | $-31,763 |
| Total Assets | $5K |
| Total Liabilities | $1 |
| Net Assets | $5K |
| Operating Margin | -3176300.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2020, Joan Yellen Horvitz Foundation reported a deficit of $32K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), Joan Yellen Horvitz Foundation's revenue has declined at a compound annual growth rate (CAGR) of -73.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -96.6% | +0.3% | -85.4% |
| 2019 | +2800.0% | +81.7% | -59.8% |
| 2015 | -100.0% | -76.1% | -15.9% |
| 2014 | +1497657.1% | +341.3% | +41.2% |
| 2013 | -100.0% | -87.1% | -17.5% |
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 Joan Yellen Horvitz Foundation with a Mission Score of 40 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Joan Yellen Horvitz Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating no direct salary payments to executives, which is a positive for minimizing administrative overhead.
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 Yellen Horvitz Foundation's IRS 990 filings:
- Consistently low revenue relative to expenses (e.g., $1 revenue vs. $31,764 expenses in 2020).
- Significant decline in assets over time (from $122,498 in 2011 to $554 currently), indicating asset depletion.
- Lack of clear, sustainable funding model based on reported revenue figures.
Strengths
The following positive indicators were identified for Joan Yellen Horvitz Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds regarding executive pay.
- Consistently low liabilities ($1 across all filings), suggesting good financial management of debt.
Frequently Asked Questions about Joan Yellen Horvitz Foundation
Is Joan Yellen Horvitz Foundation a legitimate charity?
Joan Yellen Horvitz Foundation (EIN: 201780711) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 40/100. It has 7 years of IRS 990 filings on record. Total revenue: $1. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Joan Yellen Horvitz Foundation spend its money?
Joan Yellen Horvitz Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Joan Yellen Horvitz Foundation tax-deductible?
Joan Yellen Horvitz Foundation is registered as a tax-exempt nonprofit (EIN: 201780711). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Joan Yellen Horvitz Foundation's spending goes to programs?
Joan Yellen Horvitz Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Joan Yellen Horvitz Foundation compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Joan Yellen Horvitz Foundation is near 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 Yellen Horvitz Foundation located?
Joan Yellen Horvitz Foundation is headquartered in Jackson, Wyoming and files with the IRS under EIN 201780711. It is classified under NTEE code T22.
How many years of IRS 990 filings does Joan Yellen Horvitz Foundation have?
Joan Yellen Horvitz Foundation has 7 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 $1 in total revenue.
How does the Joan Yellen Horvitz Foundation sustain its operations with such low reported revenue?
The foundation appears to be operating by drawing down its assets, as evidenced by the significant disparity between reported revenue and expenses in recent years (e.g., $1 revenue vs. $31,764 expenses in 2020).
What are the primary sources of funding for the foundation, given the minimal revenue figures?
The filings do not clearly indicate substantial external funding sources, suggesting that the foundation may be primarily funded through its initial endowment or investment returns that are not fully captured as 'revenue' in the same way as public donations, or it is in a wind-down phase.
What specific programs or grants did the foundation support in years with high expenses but low revenue?
The IRS 990 data provided does not detail specific program expenditures, making it difficult to assess the impact of the expenses relative to the minimal revenue.
Filing History
IRS 990 filing history for Joan Yellen Horvitz Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Joan Yellen Horvitz Foundation's revenue has declined by 100%, moving from $134K to $1. Total assets decreased by 95.6% over the same period, from $122K to $5K. Total functional expenses fell by 73.9%, from $122K to $32K. In its most recent filing year (2020), Joan Yellen Horvitz Foundation reported a deficit of $32K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $1 | $32K | $5K | $1 | — | — |
| 2019 | $29 | $32K | $37K | $1 | — | View 990 |
| 2015 | $1 | $17K | $92K | $1 | — | View 990 |
| 2014 | $105K | $73K | $110K | $1 | — | View 990 |
| 2013 | $7 | $16K | $78K | $1 | — | View 990 |
| 2012 | $100K | $128K | $94K | $1 | — | View 990 |
| 2011 | $134K | $122K | $122K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $1, expenses of $32K, and assets of $5K (revenue -96.6% year-over-year).
- 2019: Revenue of $29, expenses of $32K, and assets of $37K (revenue +2800.0% year-over-year).
- 2015: Revenue of $1, expenses of $17K, and assets of $92K (revenue -100.0% year-over-year).
- 2014: Revenue of $105K, expenses of $73K, and assets of $110K (revenue +1497657.1% year-over-year).
- 2013: Revenue of $7, expenses of $16K, and assets of $78K (revenue -100.0% year-over-year).
- 2012: Revenue of $100K, expenses of $128K, and assets of $94K (revenue -25.3% year-over-year).
- 2011: Revenue of $134K, expenses of $122K, and assets of $122K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joan Yellen Horvitz Foundation:
Data Sources and Methodology
This transparency report for Joan Yellen Horvitz 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.