Joel Dean Foundation Inc
Joel Dean Foundation Inc. consistently operates at a deficit, relying on substantial assets to cover expenses.
EIN: 136097306 · Bethesda, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $635K |
| Total Expenses | $482K |
| Program Spending | 80% |
| Net Assets | $4.1M |
| Transparency Score | 70/100 |
Is Joel Dean Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Joel Dean Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joel Dean Foundation Inc
Joel Dean Foundation Inc (EIN: 136097306) is a nonprofit organization based in Bethesda, MD. The organization reported total revenue of $635K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joel Dean Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joel Dean Foundation Inc is a small nonprofit that has been operating for 69 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $240K |
| Total Expenses | $482K |
| Surplus / Deficit | $-242,301 |
| Total Assets | $4.1M |
| Total Liabilities | $1 |
| Net Assets | $4.1M |
| Operating Margin | -101.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 101.0 months |
Financial Health Grade: B
In 2023, Joel Dean Foundation Inc reported a deficit of $242K with expenses exceeding revenue, holds 101.0 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), Joel Dean Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.1% | -6.4% | -5.6% |
| 2022 | +2.3% | +27.0% | -0.8% |
| 2021 | +15.6% | -5.5% | +1.5% |
| 2020 | +16.8% | +21.4% | -0.5% |
| 2019 | +48.7% | +8.7% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1957 |
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 Joel Dean Foundation Inc with a Mission Score of 70 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, Joel Dean Foundation Inc 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 $242K, 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 that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which suggests a highly lean or volunteer-driven executive structure.
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 Joel Dean Foundation Inc's IRS 990 filings:
- Frequent operational deficits, with expenses exceeding revenue in most reported periods (e.g., 2023: $239,722 revenue vs. $482,023 expenses).
- Declining asset base over the long term, from $4,565,155 in 2011 to $4,058,374 in 2023, potentially due to covering operational deficits.
Strengths
The following positive indicators were identified for Joel Dean Foundation Inc:
- Strong asset base, consistently over $4 million, providing significant financial reserves.
- Extremely low liabilities, often reported as $1 or $0, indicating excellent financial health and minimal debt.
- No reported officer compensation, suggesting a highly efficient or volunteer-led executive structure.
- Long history of IRS 990 filings (10 filings), demonstrating consistent transparency.
Frequently Asked Questions about Joel Dean Foundation Inc
Is Joel Dean Foundation Inc a legitimate charity?
Joel Dean Foundation Inc (EIN: 136097306) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $635K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Joel Dean Foundation Inc spend its money?
Joel Dean Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Joel Dean Foundation Inc tax-deductible?
Joel Dean Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136097306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Joel Dean Foundation Inc's spending goes to programs?
Joel Dean Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Joel Dean Foundation Inc located?
Joel Dean Foundation Inc is headquartered in Bethesda, Maryland and files with the IRS under EIN 136097306.
How many years of IRS 990 filings does Joel Dean Foundation Inc have?
Joel Dean Foundation Inc 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 $635K in total revenue.
How does the Joel Dean Foundation Inc. sustain its operations given its frequent revenue deficits?
The foundation sustains its operations by drawing from its substantial asset base, which has consistently been over $4 million. For example, in 2023, expenses exceeded revenue by $242,301, a gap likely covered by its existing assets of over $4 million.
What is the primary source of the foundation's revenue?
While specific revenue sources are not detailed in the provided data, the 'Latest Revenue' of $635,065 and varying annual revenues suggest a mix of contributions, investment income, or other grants. Further detail would require examining the full 990 forms.
Is the Joel Dean Foundation Inc. financially stable?
Yes, the foundation appears financially stable due to its significant assets, consistently over $4 million, and minimal liabilities (often $1 or $0). This strong balance sheet provides a buffer despite frequent operational deficits.
Filing History
IRS 990 filing history for Joel Dean Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Joel Dean Foundation Inc's revenue has grown by 192%, moving from $82K to $240K. Total assets decreased by 11.1% over the same period, from $4.6M to $4.1M. Total functional expenses rose by 96.1%, from $246K to $482K. In its most recent filing year (2023), Joel Dean Foundation Inc reported a deficit of $242K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $240K | $482K | $4.1M | $1 | — | View 990 |
| 2022 | $480K | $515K | $4.3M | $1 | — | View 990 |
| 2021 | $469K | $405K | $4.3M | $1 | — | — |
| 2020 | $406K | $429K | $4.3M | $1 | — | View 990 |
| 2019 | $347K | $353K | $4.3M | $1 | — | View 990 |
| 2015 | $234K | $325K | $4.3M | $1 | — | View 990 |
| 2014 | $310K | $280K | $4.4M | $1 | — | View 990 |
| 2013 | $152K | $238K | $4.4M | $0 | — | View 990 |
| 2012 | $146K | $243K | $4.5M | $0 | — | View 990 |
| 2011 | $82K | $246K | $4.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $240K, expenses of $482K, and assets of $4.1M (revenue -50.1% year-over-year).
- 2022: Revenue of $480K, expenses of $515K, and assets of $4.3M (revenue +2.3% year-over-year).
- 2021: Revenue of $469K, expenses of $405K, and assets of $4.3M (revenue +15.6% year-over-year).
- 2020: Revenue of $406K, expenses of $429K, and assets of $4.3M (revenue +16.8% year-over-year).
- 2019: Revenue of $347K, expenses of $353K, and assets of $4.3M (revenue +48.7% year-over-year).
- 2015: Revenue of $234K, expenses of $325K, and assets of $4.3M (revenue -24.6% year-over-year).
- 2014: Revenue of $310K, expenses of $280K, and assets of $4.4M (revenue +103.7% year-over-year).
- 2013: Revenue of $152K, expenses of $238K, and assets of $4.4M (revenue +3.9% year-over-year).
- 2012: Revenue of $146K, expenses of $243K, and assets of $4.5M (revenue +78.3% year-over-year).
- 2011: Revenue of $82K, expenses of $246K, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joel Dean Foundation Inc:
Data Sources and Methodology
This transparency report for Joel Dean Foundation Inc 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.