Joey D Wells Memorial Foundation Inc
EIN: 934394964 · Elkton, KY · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $28K |
| Net Assets | $26K |
Is Joey D Wells Memorial Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joey D Wells Memorial Foundation Inc
Joey D Wells Memorial Foundation Inc (EIN: 934394964) is a nonprofit organization based in Elkton, KY, classified under NTEE code B82. The organization reported total revenue of $28K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joey D Wells Memorial Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joey D Wells Memorial Foundation Inc is a micro nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $0 |
| Surplus / Deficit | +$26K |
| Total Assets | $26K |
| Total Liabilities | $1 |
| Net Assets | $26K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.0% |
Financial Health Grade: A
In 2023, Joey D Wells Memorial Foundation Inc reported a surplus of $26K with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joey D Wells Memorial Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Joey D Wells Memorial Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Joey D Wells Memorial Foundation Inc
Is Joey D Wells Memorial Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Joey D Wells Memorial Foundation Inc (EIN: 934394964) insufficient data. 0 red flags identified, 0 strengths noted.
How does Joey D Wells Memorial Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Joey D Wells Memorial Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Joey D Wells Memorial Foundation Inc tax-deductible?
Joey D Wells Memorial Foundation Inc is registered as a tax-exempt nonprofit (EIN: 934394964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joey D Wells Memorial Foundation Inc located?
Joey D Wells Memorial Foundation Inc is headquartered in Elkton, Kentucky and files with the IRS under EIN 934394964. It is classified under NTEE code B82.
Filing History
IRS 990 filing history for Joey D Wells Memorial Foundation Inc showing financial trends over 1 year of public records:
The organization holds $1 in liabilities against $26K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $0 | $26K | $1 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joey D Wells Memorial Foundation Inc:
Data Sources and Methodology
This transparency report for Joey D Wells Memorial 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.