Johnson Family Foundation Inc
Johnson Family Foundation maintains strong assets and zero executive compensation amidst fluctuating revenues.
EIN: 202008957 · Scottsdale, AZ · NTEE: T20 · Updated: 2026-03-28
Is Johnson Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Johnson Family Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Johnson Family Foundation Inc
Johnson Family Foundation Inc (EIN: 202008957) is a nonprofit organization based in Scottsdale, AZ, classified under NTEE code T20. The organization reported total revenue of $370K and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Johnson Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Johnson Family Foundation Inc is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $262K |
| Surplus / Deficit | +$1.6M |
| Total Assets | $7.8M |
| Total Liabilities | $1 |
| Net Assets | $7.8M |
| Operating Margin | 86.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 356.0 months |
Financial Health Grade: A
In 2023, Johnson Family Foundation Inc reported a surplus of $1.6M with revenue exceeding expenses, holds 356.0 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), Johnson Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +757.7% | -49.4% | +11.6% |
| 2022 | -45.1% | +21.9% | -18.9% |
| 2021 | +136.5% | +1.8% | +9.9% |
| 2020 | -8.1% | +6.4% | +2.1% |
| 2019 | -94.2% | +164.8% | +58.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Johnson Family Foundation Inc 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Johnson Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or directors receive salaries from the foundation, which is highly commendable for an organization of its asset size ($8,608,468).
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.
Strengths
The following positive indicators were identified for Johnson Family Foundation Inc:
- Consistent zero executive compensation across all filings.
- Strong and growing asset base, reaching $8,608,468.
- Very low liabilities, consistently reported as $1 in most periods.
- High spending efficiency with low expense ratios relative to revenue in many years (e.g., 2023 expenses were $261,584 on $1,905,832 revenue).
- Clear focus on mission with NTEE code T20 (Private Grantmaking Foundations).
Frequently Asked Questions about Johnson Family Foundation Inc
Is Johnson Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Johnson Family Foundation Inc (EIN: 202008957) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Johnson Family Foundation Inc spend its money?
Johnson Family Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Johnson Family Foundation Inc tax-deductible?
Johnson Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202008957). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Johnson Family Foundation Inc. a good charity?
Based on the available IRS 990 data, the Johnson Family Foundation Inc. appears to be a very good charity. It maintains a strong asset base, consistently reports zero executive compensation, and has very low liabilities, indicating sound financial management and a strong commitment to its mission.
How does the foundation manage its expenses?
The foundation manages its expenses very efficiently. For example, in 2023, total expenses were only $261,584 against revenue of $1,905,832, demonstrating a low overhead and a focus on retaining assets for grantmaking activities.
What is the trend in the foundation's assets?
The foundation's assets have shown consistent growth over the past decade, increasing from $830,713 in 2011 to $8,608,468 in the latest period, indicating successful asset management and accumulation.
Filing History
IRS 990 filing history for Johnson Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Johnson Family Foundation Inc's revenue has grown by 470.1%, moving from $334K to $1.9M. Total assets increased by 834.2% over the same period, from $831K to $7.8M. Total functional expenses rose by 108.6%, from $125K to $262K. In its most recent filing year (2023), Johnson Family Foundation Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $7.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $262K | $7.8M | $1 | — | View 990 |
| 2022 | $222K | $517K | $7.0M | $1 | — | View 990 |
| 2021 | $405K | $424K | $8.6M | $1 | — | View 990 |
| 2020 | $171K | $417K | $7.8M | $1 | — | — |
| 2019 | $186K | $392K | $7.6M | $1 | — | — |
| 2015 | $3.2M | $148K | $4.8M | $0 | — | View 990 |
| 2014 | $809K | $69K | $3.1M | $1 | — | View 990 |
| 2013 | $644K | $55K | $2.3M | $1 | — | View 990 |
| 2012 | $614K | $95K | $1.4M | $1 | — | View 990 |
| 2011 | $334K | $125K | $831K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $262K, and assets of $7.8M (revenue +757.7% year-over-year).
- 2022: Revenue of $222K, expenses of $517K, and assets of $7.0M (revenue -45.1% year-over-year).
- 2021: Revenue of $405K, expenses of $424K, and assets of $8.6M (revenue +136.5% year-over-year).
- 2020: Revenue of $171K, expenses of $417K, and assets of $7.8M (revenue -8.1% year-over-year).
- 2019: Revenue of $186K, expenses of $392K, and assets of $7.6M (revenue -94.2% year-over-year).
- 2015: Revenue of $3.2M, expenses of $148K, and assets of $4.8M (revenue +297.4% year-over-year).
- 2014: Revenue of $809K, expenses of $69K, and assets of $3.1M (revenue +25.7% year-over-year).
- 2013: Revenue of $644K, expenses of $55K, and assets of $2.3M (revenue +4.8% year-over-year).
- 2012: Revenue of $614K, expenses of $95K, and assets of $1.4M (revenue +83.7% year-over-year).
- 2011: Revenue of $334K, expenses of $125K, and assets of $831K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Johnson Family Foundation Inc:
Data Sources and Methodology
This transparency report for Johnson Family 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.