John & Jane Powers Foundation
John & Jane Powers Foundation shows strong asset growth and minimal operational expenses, with no officer compensation.
EIN: 137104747 · North Palm Beach, FL · NTEE: T20Z · Updated: 2026-03-28
Is John & Jane Powers Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John & Jane Powers Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About John & Jane Powers Foundation
John & Jane Powers Foundation (EIN: 137104747) is a nonprofit organization based in North Palm Beach, FL, classified under NTEE code T20Z. The organization reported total revenue of $6.7M and total assets of $9.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John & Jane Powers Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates John & Jane Powers Foundation with a Mission Score of 90 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 & Jane Powers 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.
Executive Compensation Analysis
The foundation reports 0% officer compensation across all available filings, indicating that its leadership serves without direct salary from the organization, which is highly commendable for a foundation of its size with assets nearing $10 million.
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 & Jane Powers Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- Unusually consistent $1 liability across all filings
Strengths
The following positive indicators were identified for John & Jane Powers Foundation:
- Strong asset growth from $1.9M in 2011 to $9.9M currently
- Significant revenue increase in recent years (e.g., $1.1M in 2023)
- Zero officer compensation reported across all filings
- Extremely low administrative expenses relative to revenue
- Consistent annual IRS 990 filings demonstrating transparency
Frequently Asked Questions about John & Jane Powers Foundation
Is John & Jane Powers Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, John & Jane Powers Foundation (EIN: 137104747) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does John & Jane Powers Foundation spend its money?
John & Jane Powers Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to John & Jane Powers Foundation tax-deductible?
John & Jane Powers Foundation is registered as a tax-exempt nonprofit (EIN: 137104747). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What specific programs or grants does the John & Jane Powers Foundation support?
The provided data does not detail specific grant recipients or program areas, only the NTEE code T20Z (Private Grantmaking Foundations), indicating its function as a grantmaker. Further investigation of their public records or website would be needed to identify specific beneficiaries.
Why are the reported expenses so low compared to revenue in recent years?
For a private grantmaking foundation, the 'expenses' reported on the 990 often represent administrative costs. The actual grants distributed are typically reported separately or are reflected in the reduction of assets if funded from principal. The low reported expenses suggest very lean administrative operations, with the bulk of funds likely being retained for future grantmaking or distributed as grants not categorized under 'expenses' in this summary.
Is the 'Liabilities=$1' consistent across all filings a concern?
While unusual, for a private foundation, a nominal liability of $1 is generally not a significant concern. It often indicates a technical accounting entry rather than substantial operational debt or financial instability.
Filing History
IRS 990 filing history for John & Jane Powers Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2023), John & Jane Powers Foundation's revenue has grown by 5737.1%, moving from $19K to $1.1M. Total assets increased by 74.1% over the same period, from $1.9M to $3.4M. Total functional expenses rose by 30.2%, from $83K to $108K. In its most recent filing year (2023), John & Jane Powers Foundation reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $108K | $3.4M | $1 | — | View 990 |
| 2022 | $1.1M | $89K | $2.4M | $1 | — | View 990 |
| 2021 | $58K | $83K | $1.4M | $1 | — | View 990 |
| 2020 | $45K | $84K | $1.4M | $1 | — | View 990 |
| 2013 | $23K | $90K | $1.8M | $1 | — | View 990 |
| 2012 | $21K | $98K | $1.9M | $1 | — | View 990 |
| 2011 | $19K | $83K | $1.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $108K, and assets of $3.4M (revenue +5.7% year-over-year).
- 2022: Revenue of $1.1M, expenses of $89K, and assets of $2.4M (revenue +1740.9% year-over-year).
- 2021: Revenue of $58K, expenses of $83K, and assets of $1.4M (revenue +29.1% year-over-year).
- 2020: Revenue of $45K, expenses of $84K, and assets of $1.4M (revenue +92.4% year-over-year).
- 2013: Revenue of $23K, expenses of $90K, and assets of $1.8M (revenue +10.8% year-over-year).
- 2012: Revenue of $21K, expenses of $98K, and assets of $1.9M (revenue +8.9% year-over-year).
- 2011: Revenue of $19K, expenses of $83K, and assets of $1.9M.
Data Sources and Methodology
This transparency report for John & Jane Powers 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.