John & Helen Ilsley Family Foundation
John & Helen Ilsley Family Foundation consistently spends more than it earns, drawing down assets for grantmaking.
EIN: 200756605 · Sheridan, WY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $355K |
| Total Expenses | $37K |
| Program Spending | 90% |
| Net Assets | $434K |
| Transparency Score | 85/100 |
Is John & Helen Ilsley Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John & Helen Ilsley Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About John & Helen Ilsley Family Foundation
John & Helen Ilsley Family Foundation (EIN: 200756605) is a nonprofit organization based in Sheridan, WY, classified under NTEE code T22. The organization reported total revenue of $355K and total assets of $413K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John & Helen Ilsley Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John & Helen Ilsley Family Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -177.2% | -9.8% | -2.5% |
| 2022 | -88.4% | -2.7% | -23.8% |
| 2021 | +168.8% | +4.2% | -5.2% |
| 2020 | +31.8% | -12.8% | +8.6% |
| 2019 | -76.9% | -1.2% | -14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 John & Helen Ilsley Family Foundation 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, John & Helen Ilsley Family Foundation 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
The foundation reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led or very low-overhead operational model, which is highly efficient in terms of executive pay relative to the organization's 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 John & Helen Ilsley Family Foundation's IRS 990 filings:
- Consistent negative net income (expenses exceeding revenue) in most years, leading to asset depletion.
- Negative revenue reported in 2023 ($-4,343), which could indicate investment losses.
Strengths
The following positive indicators were identified for John & Helen Ilsley Family Foundation:
- Zero officer compensation, indicating highly efficient executive management.
- Consistent IRS 990 filings demonstrate strong transparency.
- Minimal liabilities ($1 in most years) suggests sound financial management and low debt.
- Clear focus as a grantmaking foundation (NTEE T22).
Frequently Asked Questions about John & Helen Ilsley Family Foundation
Is John & Helen Ilsley Family Foundation a legitimate charity?
John & Helen Ilsley Family Foundation (EIN: 200756605) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $355K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does John & Helen Ilsley Family Foundation spend its money?
John & Helen Ilsley Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to John & Helen Ilsley Family Foundation tax-deductible?
John & Helen Ilsley Family Foundation is registered as a tax-exempt nonprofit (EIN: 200756605). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does John & Helen Ilsley Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), John & Helen Ilsley Family Foundation 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 John & Helen Ilsley Family Foundation located?
John & Helen Ilsley Family Foundation is headquartered in Sheridan, Wyoming and files with the IRS under EIN 200756605. It is classified under NTEE code T22.
How many years of IRS 990 filings does John & Helen Ilsley Family Foundation have?
John & Helen Ilsley Family Foundation 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 $355K in total revenue.
Is the John & Helen Ilsley Family Foundation financially stable?
While the foundation has a stable asset base of $434,395 in 2023, it has consistently spent more than its revenue in most years (e.g., $36,689 expenses vs. $-4,343 revenue in 2023), leading to a gradual decline in assets over time. This suggests it is drawing down its endowment rather than growing it.
How does the foundation manage its administrative costs?
The foundation reports 0% officer compensation, indicating very low administrative overhead related to executive salaries. While specific administrative expense figures are not provided, this suggests a highly efficient approach to managing leadership costs.
What is the trend of the foundation's assets?
The foundation's assets have generally declined over the past decade, from a high of $662,004 in 2015 to $434,395 in 2023. This trend aligns with its operational pattern of expenses often exceeding revenue.
Does the foundation engage in fundraising activities?
Given its nature as a private grantmaking foundation and the consistent pattern of expenses exceeding revenue, it is unlikely the foundation engages in significant public fundraising. Its revenue primarily appears to be from investments, as evidenced by the negative revenue in 2023.
Filing History
IRS 990 filing history for John & Helen Ilsley Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), John & Helen Ilsley Family Foundation's revenue has declined by 108.4%, moving from $52K to $-4,343. Total assets decreased by 25.6% over the same period, from $584K to $434K. Total functional expenses rose by 10.6%, from $33K to $37K. The organization holds $1 in liabilities against $434K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $434K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-4,343 | $37K | $434K | $1 | — | — |
| 2022 | $6K | $41K | $445K | $1 | — | View 990 |
| 2021 | $48K | $42K | $585K | $1 | — | — |
| 2020 | $18K | $40K | $617K | $1 | — | — |
| 2019 | $14K | $46K | $568K | $1 | — | View 990 |
| 2015 | $59K | $47K | $662K | $1 | — | View 990 |
| 2014 | $19K | $51K | $654K | $1 | — | View 990 |
| 2013 | $33K | $36K | $651K | $20K | — | View 990 |
| 2012 | $41K | $42K | $587K | $1 | — | View 990 |
| 2011 | $52K | $33K | $584K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-4,343, expenses of $37K, and assets of $434K (revenue -177.2% year-over-year).
- 2022: Revenue of $6K, expenses of $41K, and assets of $445K (revenue -88.4% year-over-year).
- 2021: Revenue of $48K, expenses of $42K, and assets of $585K (revenue +168.8% year-over-year).
- 2020: Revenue of $18K, expenses of $40K, and assets of $617K (revenue +31.8% year-over-year).
- 2019: Revenue of $14K, expenses of $46K, and assets of $568K (revenue -76.9% year-over-year).
- 2015: Revenue of $59K, expenses of $47K, and assets of $662K (revenue +204.2% year-over-year).
- 2014: Revenue of $19K, expenses of $51K, and assets of $654K (revenue -40.9% year-over-year).
- 2013: Revenue of $33K, expenses of $36K, and assets of $651K (revenue -19.7% year-over-year).
- 2012: Revenue of $41K, expenses of $42K, and assets of $587K (revenue -21.4% year-over-year).
- 2011: Revenue of $52K, expenses of $33K, and assets of $584K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John & Helen Ilsley Family Foundation:
Data Sources and Methodology
This transparency report for John & Helen Ilsley Family 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.