Joseph And Helen Ertl Family Foundation

Joseph And Helen Ertl Family Foundation maintains strong asset growth with zero executive compensation.

EIN: 203663610 · Dubuque, IA · NTEE: T22 · Updated: 2026-03-28

$160KRevenue
$2.0MAssets
95/100Mission Score (Excellent)
T22
Joseph And Helen Ertl Family Foundation Financial Summary
MetricValue
Total Revenue$160K
Total Expenses$184K
Program Spending90%
Net Assets$2.0M
Transparency Score95/100

Is Joseph And Helen Ertl Family Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

Joseph And Helen Ertl Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Joseph And Helen Ertl Family Foundation

Joseph And Helen Ertl Family Foundation (EIN: 203663610) is a nonprofit organization based in Dubuque, IA, classified under NTEE code T22. The organization reported total revenue of $160K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph And Helen Ertl Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Joseph And Helen Ertl Family Foundation is a small 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 2.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$199K
Total Expenses$184K
Surplus / Deficit+$16K
Total Assets$2.0M
Total Liabilities$1
Net Assets$2.0M
Operating Margin8.0%
Debt-to-Asset Ratio0.0%
Months of Reserves132.8 months

Financial Health Grade: A

In 2023, Joseph And Helen Ertl Family Foundation reported a surplus of $16K with revenue exceeding expenses, holds 132.8 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), Joseph And Helen Ertl Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-47.7%+11.4%+0.8%
2022+363.3%+10.7%+12.1%
2021-61.1%+14.6%-3.6%
2020+61.0%+4.7%+4.6%
2019-40.3%+71.8%+40.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

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

AI Transparency Report

The Joseph And Helen Ertl Family Foundation appears to be a financially stable private foundation with consistent asset growth over the past decade, reaching over $2 million in assets as of 2023. Its revenue streams have fluctuated, with a notable peak of $381,644 in 2022, but generally remain sufficient to cover its expenses. The foundation consistently reports zero officer compensation, which is a strong indicator of efficient use of funds and a commitment to its mission, as administrative costs are likely minimized. The low liabilities across all reported periods also suggest sound financial management and minimal debt burden. As a private foundation (NTEE Code T22), its primary function is typically grant-making rather than direct program delivery. The absence of officer compensation and minimal liabilities suggest that the vast majority of its expenses are likely directed towards grants and necessary administrative overhead for managing its endowment and grant distribution. This structure inherently promotes a high program spending ratio, as the 'programs' are the grants themselves. The foundation's consistent filing history and minimal liabilities contribute positively to its transparency profile. Overall, the foundation demonstrates good financial health and operational efficiency, particularly given its structure as a grant-making entity. The consistent growth in assets from $572,482 in 2011 to $2,030,982 in 2023 indicates effective long-term financial stewardship. The lack of officer compensation is a significant positive factor in assessing its spending efficiency and commitment to its charitable purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Joseph And Helen Ertl Family Foundation with a Mission Score of 95 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

According to IRS 990 filings, Joseph And Helen Ertl 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:

$199KTotal Revenue
$184KTotal Expenses
$2.0MTotal Assets
$1Total Liabilities
$2.0MNet Assets

Executive Compensation Analysis

The foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive indicator of efficient resource allocation, as all funds are directed towards the foundation's charitable purpose or administrative costs not related to executive salaries.

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 Joseph And Helen Ertl Family Foundation:

Frequently Asked Questions about Joseph And Helen Ertl Family Foundation

Is Joseph And Helen Ertl Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Joseph And Helen Ertl Family Foundation (EIN: 203663610) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

How does Joseph And Helen Ertl Family Foundation spend its money?

Joseph And Helen Ertl Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Joseph And Helen Ertl Family Foundation tax-deductible?

Joseph And Helen Ertl Family Foundation is registered as a tax-exempt nonprofit (EIN: 203663610). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Joseph And Helen Ertl Family Foundation compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Joseph And Helen Ertl 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 Joseph And Helen Ertl Family Foundation located?

Joseph And Helen Ertl Family Foundation is headquartered in Dubuque, Iowa and files with the IRS under EIN 203663610. It is classified under NTEE code T22.

How many years of IRS 990 filings does Joseph And Helen Ertl Family Foundation have?

Joseph And Helen Ertl 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 $160K in total revenue.

Is the Joseph And Helen Ertl Family Foundation financially stable?

Yes, the foundation appears financially stable, with assets growing from $572,482 in 2011 to over $2 million in 2023, and consistently low liabilities.

Does the foundation pay its officers?

No, the foundation consistently reports 0% officer compensation in all available IRS 990 filings.

What is the primary activity of this foundation?

As a private foundation (NTEE Code T22), its primary activity is typically grant-making to other charitable organizations or individuals, rather than direct program services.

How has the foundation's revenue trended?

Revenue has fluctuated year-to-year, ranging from $82,381 in 2021 to $381,644 in 2022, but generally remains sufficient to cover expenses and contribute to asset growth.

Filing History

IRS 990 filing history for Joseph And Helen Ertl Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Joseph And Helen Ertl Family Foundation's revenue has grown by 35.4%, moving from $147K to $199K. Total assets increased by 254.8% over the same period, from $572K to $2.0M. Total functional expenses rose by 624.9%, from $25K to $184K. In its most recent filing year (2023), Joseph And Helen Ertl Family Foundation reported a surplus of $16K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $199K $184K $2.0M $1
2022 $382K $165K $2.0M $1 View 990
2021 $82K $149K $1.8M $1 View 990
2020 $212K $130K $1.9M $1
2019 $131K $124K $1.8M $1 View 990
2015 $220K $72K $1.3M $1 View 990
2014 $206K $65K $1.1M $1 View 990
2013 $197K $49K $987K $10K View 990
2012 $289K $32K $829K $1 View 990
2011 $147K $25K $572K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Joseph And Helen Ertl Family Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Joseph And Helen Ertl 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.

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