John W Henry Charitable Foundation Inc
John W Henry Charitable Foundation consistently spends significantly more than it earns, drawing down assets.
EIN: 201555835 · Boca Raton, FL · NTEE: T20 · Updated: 2026-03-28
Is John W Henry Charitable Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John W Henry Charitable Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About John W Henry Charitable Foundation Inc
John W Henry Charitable Foundation Inc (EIN: 201555835) is a nonprofit organization based in Boca Raton, FL, classified under NTEE code T20. The organization reported total revenue of $3.5M and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John W Henry Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John W Henry Charitable Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 41.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $79K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-1,200,921 |
| Total Assets | $1.2M |
| Total Liabilities | $1 |
| Net Assets | $1.2M |
| Operating Margin | -1518.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 11.5 months |
Financial Health Grade: B
In 2023, John W Henry Charitable Foundation Inc reported a deficit of $1.2M with expenses exceeding revenue, holds 11.5 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), John W Henry Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 41.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +142.0% | +130.1% | -49.6% |
| 2022 | +10052.2% | -69.8% | -17.8% |
| 2021 | -98.6% | -1.0% | -38.5% |
| 2020 | -99.5% | +100.5% | -27.7% |
| 2019 | +218.2% | -45.6% | +314.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 W Henry Charitable Foundation Inc with a Mission Score of 45 out of 100 (Fair). 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, John W Henry Charitable 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 $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the foundation, which is highly efficient for a charitable organization.
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 W Henry Charitable Foundation Inc's IRS 990 filings:
- Consistent and significant deficit spending (e.g., $1.2M deficit in 2023, $523K in 2022).
- Rapid depletion of assets over time (from $6.5M in 2011 to $1.2M in 2023).
- Revenue consistently far below expenses in recent years, indicating an unsustainable financial model.
Strengths
The following positive indicators were identified for John W Henry Charitable Foundation Inc:
- Zero reported officer compensation, indicating high efficiency in executive pay.
- Long filing history (10 filings), suggesting consistent compliance with IRS reporting requirements.
Frequently Asked Questions about John W Henry Charitable Foundation Inc
Is John W Henry Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, John W Henry Charitable Foundation Inc (EIN: 201555835) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does John W Henry Charitable Foundation Inc spend its money?
John W Henry Charitable Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to John W Henry Charitable Foundation Inc tax-deductible?
John W Henry Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201555835). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the John W Henry Charitable Foundation Inc. financially sustainable?
Based on the consistent trend of expenses significantly exceeding revenue in recent years (e.g., $1.28M expenses vs. $79K revenue in 2023), the foundation appears to be financially unsustainable without a significant change in its funding model or spending.
Why are the assets decreasing so rapidly?
The rapid decrease in assets, from $6.5M in 2011 to $1.2M in 2023, is directly attributable to the foundation consistently spending more than its revenue, effectively liquidating its endowment or principal to cover operational and program costs.
What is the primary source of funding for the foundation?
While the filings show some revenue, the consistent and large deficits suggest that the primary 'funding' in recent years has been through the depletion of its existing asset base, rather than new contributions or program income.
How does the foundation cover its expenses with such low revenue?
The foundation covers its expenses by drawing down its assets. For example, in 2023, with only $79,098 in revenue but $1,280,019 in expenses, the difference of over $1.2 million was covered by its existing assets.
Filing History
IRS 990 filing history for John W Henry Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), John W Henry Charitable Foundation Inc's revenue has grown by 6133.1%, moving from $1K to $79K. Total assets decreased by 81.3% over the same period, from $6.5M to $1.2M. Total functional expenses fell by 7.9%, from $1.4M to $1.3M. In its most recent filing year (2023), John W Henry Charitable Foundation Inc reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $79K | $1.3M | $1.2M | $1 | — | — |
| 2022 | $33K | $556K | $2.4M | $1 | — | View 990 |
| 2021 | $322 | $1.8M | $2.9M | $1 | — | — |
| 2020 | $24K | $1.9M | $4.8M | $100 | — | — |
| 2019 | $4.8M | $929K | $6.6M | $0 | — | View 990 |
| 2015 | $1.5M | $1.7M | $1.6M | $0 | — | View 990 |
| 2014 | $263 | $1.6M | $1.8M | $0 | — | View 990 |
| 2013 | $453 | $1.7M | $3.4M | $0 | — | View 990 |
| 2012 | $1K | $1.4M | $5.1M | $0 | — | View 990 |
| 2011 | $1K | $1.4M | $6.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $79K, expenses of $1.3M, and assets of $1.2M (revenue +142.0% year-over-year).
- 2022: Revenue of $33K, expenses of $556K, and assets of $2.4M (revenue +10052.2% year-over-year).
- 2021: Revenue of $322, expenses of $1.8M, and assets of $2.9M (revenue -98.6% year-over-year).
- 2020: Revenue of $24K, expenses of $1.9M, and assets of $4.8M (revenue -99.5% year-over-year).
- 2019: Revenue of $4.8M, expenses of $929K, and assets of $6.6M (revenue +218.2% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.7M, and assets of $1.6M (revenue +570308.0% year-over-year).
- 2014: Revenue of $263, expenses of $1.6M, and assets of $1.8M (revenue -41.9% year-over-year).
- 2013: Revenue of $453, expenses of $1.7M, and assets of $3.4M (revenue -62.6% year-over-year).
- 2012: Revenue of $1K, expenses of $1.4M, and assets of $5.1M (revenue -4.6% year-over-year).
- 2011: Revenue of $1K, expenses of $1.4M, and assets of $6.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John W Henry Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for John W Henry Charitable 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.