Joeys Foundation Inc

Joeys Foundation Inc faces declining assets due to consistent deficit spending in recent years.

EIN: 208989230 · Sheridan, WY · NTEE: O990 · Updated: 2026-03-28

$103KRevenue
$91KGross Revenue
$8KAssets
60/100Mission Score (Good)
O990
Joeys Foundation Inc Financial Summary
MetricValue
Total Revenue$103K
Total Expenses$98K
Program Spending70%
Net Assets$593
Transparency Score60/100

Search Intent Cockpit

Joeys Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Joeys Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Joeys Foundation Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $91K and expenses of $98K.

Revenue and Expenses

Joeys Foundation Inc reported $91K in revenue and $98K in expenses, a deficit of $7K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

60/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is Joeys Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
GoodSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Joeys Foundation Inc Expense Deployment
Program services$68K (70%)

Across stored filings, Joeys Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Joeys Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade D13 stored filing years
Peer contextCompare with American LegionWyoming and Category O context

Trust Check

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Joeys Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About Joeys Foundation Inc

Joeys Foundation Inc (EIN: 208989230) is a nonprofit organization based in Sheridan, WY, classified under NTEE code O990. The organization reported total revenue of $103K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joeys Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Joeys Foundation Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$91K
Total Expenses$98K
Surplus / Deficit$-6,682
Total Assets$8K
Total Liabilities$8K
Net Assets$593
Operating Margin-7.3%
Debt-to-Asset Ratio92.8%
Months of Reserves1.0 months

Financial Health Grade: D

In 2023, Joeys Foundation Inc reported a deficit of $7K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 92.8% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Joeys Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-62.1%-60.1%-74.8%
2022+9.3%-6.0%-2.3%
2021+23.2%+44.0%-58.1%
2020+15.2%+7.0%-9.6%
2019+2.6%+24.7%+20.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Joeys Foundation Inc has demonstrated consistent financial activity over the past decade, with revenues fluctuating but generally staying within the $90,000 to $240,000 range. A notable trend is that expenses have frequently exceeded revenue in recent years, leading to a decrease in assets from a high of $88,351 in 2019 to $8,230 in 2023. This indicates the organization has been spending down its reserves. The organization's latest filing shows assets of $8,230 against liabilities of $7,637, suggesting a very thin financial cushion. The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent deficit spending in recent years (e.g., $97,760 expenses vs. $91,078 revenue in 2023) raises questions about long-term sustainability if this trend continues. The lack of reported officer compensation across all filings suggests that executive leadership is either unpaid or compensated through other means not captured in this specific line item, which can be a positive indicator of resource allocation to mission, but also limits insight into governance structure. In terms of transparency, the organization has a robust filing history with 13 filings, indicating consistent compliance with IRS reporting requirements. However, without access to the full 990 forms, a deeper analysis of program spending versus administrative and fundraising costs, as well as specific program outcomes, is limited. The NTEE code O990 ('All Other') is very broad and doesn't provide specific insight into the organization's mission, which could be improved for better transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Joeys Foundation Inc with a Mission Score of 60 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: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, Joeys Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$91KTotal Revenue
$98KTotal Expenses
$8KTotal Assets
$8KTotal Liabilities
$593Net Assets
  • The organization reported a deficit of $7K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 92.8%.

Executive Compensation Analysis

Joeys Foundation Inc reports 0% officer compensation across all available filings, suggesting that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is unusual for an organization with its level of revenue but could indicate a strong commitment to directing funds to its mission.

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 Joeys Foundation Inc's IRS 990 filings:

  • Consistent deficit spending in recent years (e.g., $97,760 expenses vs. $91,078 revenue in 2023).
  • Significant decline in assets from $88,351 in 2019 to $8,230 in 2023, indicating a depletion of reserves.
  • Very broad NTEE code (O990) which limits understanding of specific mission and activities without further investigation.

Strengths

The following positive indicators were identified for Joeys Foundation Inc:

  • Consistent IRS 990 filing history (13 filings), indicating good compliance.
  • No reported officer compensation across all filings, suggesting resources are not being used for executive salaries.
  • Demonstrated ability to raise over $100,000 in revenue in most years, indicating donor support.

Frequently Asked Questions about Joeys Foundation Inc

Is Joeys Foundation Inc a legitimate charity?

Joeys Foundation Inc (EIN: 208989230) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $103K. 3 red flags identified. 3 strengths noted. Financial health grade: D.

How does Joeys Foundation Inc spend its money?

Joeys Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to Joeys Foundation Inc tax-deductible?

Joeys Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208989230). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Joeys Foundation Inc's spending goes to programs?

Joeys Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does Joeys Foundation Inc compare to similar nonprofits?

With a transparency score of 60/100 (Good), Joeys Foundation Inc is above average for NTEE category O990 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Joeys Foundation Inc located?

Joeys Foundation Inc is headquartered in Sheridan, Wyoming and files with the IRS under EIN 208989230. It is classified under NTEE code O990.

How many years of IRS 990 filings does Joeys Foundation Inc have?

Joeys Foundation Inc has 13 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 $103K in total revenue.

Is Joeys Foundation Inc financially sustainable given its recent deficit spending?

The organization has consistently spent more than it earned in recent years, leading to a significant reduction in assets from $88,351 in 2019 to $8,230 in 2023. This trend is not sustainable long-term without an increase in revenue or a reduction in expenses.

What are the specific programs Joeys Foundation Inc supports?

The provided NTEE code O990 ('All Other') is very general, and the summary data does not detail specific programs. A review of the full IRS 990 forms would be necessary to understand the organization's programmatic activities.

How does Joeys Foundation Inc manage its liabilities?

Liabilities have fluctuated, reaching a high of $31,600 in 2019 and standing at $7,637 in 2023. While the current liabilities are close to assets, the organization has generally managed to keep liabilities below assets, though the margin has significantly narrowed.

Filing History

IRS 990 filing history for Joeys Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Joeys Foundation Inc's revenue has grown by 2.7%, moving from $89K to $91K. Total assets decreased by 24.6% over the same period, from $11K to $8K. Total functional expenses rose by 5.5%, from $93K to $98K. In its most recent filing year (2023), Joeys Foundation Inc reported a deficit of $7K, with expenses exceeding revenue. The organization holds $8K in liabilities against $8K in assets (debt-to-asset ratio: 92.8%), resulting in net assets of $593.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $91K $98K $8K $8K
2022 $240K $245K $33K $25K View 990
2021 $220K $261K $33K $21K View 990
2020 $178K $181K $80K $26K View 990
2019 $155K $169K $88K $32K View 990
2018 $151K $136K $73K $2K View 990
2017 $126K $103K $44K $1K View 990
2016 $126K $103K $44K $1K View 990
2015 $86K $99K $21K $1K View 990
2014 $107K $96K $33K $1K View 990
2013 $96K $92K $22K $1K View 990
2012 $104K $96K $18K $1K View 990
2011 $89K $93K $11K $2K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $91K, expenses of $98K, and assets of $8K (revenue -62.1% year-over-year).
  • 2022: Revenue of $240K, expenses of $245K, and assets of $33K (revenue +9.3% year-over-year).
  • 2021: Revenue of $220K, expenses of $261K, and assets of $33K (revenue +23.2% year-over-year).
  • 2020: Revenue of $178K, expenses of $181K, and assets of $80K (revenue +15.2% year-over-year).
  • 2019: Revenue of $155K, expenses of $169K, and assets of $88K (revenue +2.6% year-over-year).
  • 2018: Revenue of $151K, expenses of $136K, and assets of $73K (revenue +19.3% year-over-year).
  • 2017: Revenue of $126K, expenses of $103K, and assets of $44K (revenue +0.0% year-over-year).
  • 2016: Revenue of $126K, expenses of $103K, and assets of $44K (revenue +46.1% year-over-year).
  • 2015: Revenue of $86K, expenses of $99K, and assets of $21K (revenue -19.0% year-over-year).
  • 2014: Revenue of $107K, expenses of $96K, and assets of $33K (revenue +11.0% year-over-year).
  • 2013: Revenue of $96K, expenses of $92K, and assets of $22K (revenue -7.4% year-over-year).
  • 2012: Revenue of $104K, expenses of $96K, and assets of $18K (revenue +17.1% year-over-year).
  • 2011: Revenue of $89K, expenses of $93K, and assets of $11K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Joeys Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Joeys 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.

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