Joseph And Renee Bijou Family Foundation
Joseph And Renee Bijou Family Foundation: Declining Revenue and Asset Management Concerns
EIN: 222861787 · Edison, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $6.9M |
| Total Expenses | $690K |
| Program Spending | 75% |
| Net Assets | $4.9M |
| Transparency Score | 65/100 |
Is Joseph And Renee Bijou Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Joseph And Renee Bijou Family Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joseph And Renee Bijou Family Foundation
Joseph And Renee Bijou Family Foundation (EIN: 222861787) is a nonprofit organization based in Edison, NJ. The organization reported total revenue of $6.9M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph And Renee Bijou Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joseph And Renee Bijou Family Foundation is a mid-size nonprofit that has been operating for 38 years, with 11 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -139.5% | +180.2% | -53.7% |
| 2021 | +15.6% | -64.7% | +48.0% |
| 2020 | -12.6% | +21.1% | +18.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Joseph And Renee Bijou Family Foundation with a Mission Score of 65 out of 100 (Good). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Joseph And Renee Bijou Family Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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: 23.2%.
Executive Compensation Analysis
The foundation reports 0% compensation across all available filings, suggesting no paid executive compensation, which is a positive for donor funds but raises questions about operational management given the asset base.
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 Joseph And Renee Bijou Family Foundation's IRS 990 filings:
- Significant and consistent decline in revenue, including negative revenue in recent years, raises sustainability concerns.
- A substantial decrease in assets from $18M in 2021 to $6.4M in 2023 without clear explanation in public filings.
- The consistent reporting of 0% compensation for all years, despite managing millions in assets, could indicate reliance on unpaid volunteers or a lack of transparency regarding operational costs.
- The foundation's location in Edison, NJ, with no stated nonprofit type ('nt'), makes it difficult to assess its specific mission and impact.
Strengths
The following positive indicators were identified for Joseph And Renee Bijou Family Foundation:
- Consistent reporting of 0% compensation indicates that no donor funds are being used for executive salaries.
- Despite financial fluctuations, the foundation has maintained a significant asset base over several years.
Frequently Asked Questions about Joseph And Renee Bijou Family Foundation
Is Joseph And Renee Bijou Family Foundation a legitimate charity?
Joseph And Renee Bijou Family Foundation (EIN: 222861787) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $6.9M. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Joseph And Renee Bijou Family Foundation spend its money?
Joseph And Renee Bijou Family Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Joseph And Renee Bijou Family Foundation tax-deductible?
Joseph And Renee Bijou Family Foundation is registered as a tax-exempt nonprofit (EIN: 222861787). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Joseph And Renee Bijou Family Foundation's spending goes to programs?
Joseph And Renee Bijou Family Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Joseph And Renee Bijou Family Foundation located?
Joseph And Renee Bijou Family Foundation is headquartered in Edison, New Jersey and files with the IRS under EIN 222861787.
How many years of IRS 990 filings does Joseph And Renee Bijou Family Foundation have?
Joseph And Renee Bijou Family Foundation has 11 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 $6.9M in total revenue.
What does Joseph And Renee Bijou Family Foundation do?
Joseph And Renee Bijou Family Foundation is a nonprofit organization in the Unknown sector, located in Edison, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Joseph And Renee Bijou Family Foundation have?
Joseph And Renee Bijou Family Foundation reported total revenue of $6,912,833. Based on 11 IRS 990 filings on record.
What are Joseph And Renee Bijou Family Foundation's total assets?
Joseph And Renee Bijou Family Foundation holds total assets of $7,413,300 as reported in IRS 990 filings.
Where is Joseph And Renee Bijou Family Foundation located?
Joseph And Renee Bijou Family Foundation is based in Edison, New Jersey.
What is Joseph And Renee Bijou Family Foundation's EIN?
Joseph And Renee Bijou Family Foundation's Employer Identification Number (EIN) is 222861787. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Joseph And Renee Bijou Family Foundation?
Joseph And Renee Bijou Family Foundation is classified under NTEE code Unknown (Unknown).
Is Joseph And Renee Bijou Family Foundation a registered 501(c)(3)?
Joseph And Renee Bijou Family Foundation appears in IRS records (EIN: 222861787). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Joseph And Renee Bijou Family Foundation file IRS Form 990?
Yes, Joseph And Renee Bijou Family Foundation has 11 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Joseph And Renee Bijou Family Foundation's revenue in 2023?
In the 202306 filing period, Joseph And Renee Bijou Family Foundation reported total revenue of $-783,702, total expenses of $690,346, and net assets of $6,405,559.
Is Joseph And Renee Bijou Family Foundation's revenue growing or declining?
Joseph And Renee Bijou Family Foundation's revenue is relatively stable. Revenue went from $-820,994 (202206) to $-783,702 (202306), a 0.0% change. Based on 11 filings on record.
What is Joseph And Renee Bijou Family Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Joseph And Renee Bijou Family Foundation covers tax period 202306. It shows revenue of $-783,702, expenses of $690,346, total assets of $6,405,559, and liabilities of $1,484,706.
How much does Joseph And Renee Bijou Family Foundation spend on programs vs administration?
Based on IRS 990 analysis, Joseph And Renee Bijou Family Foundation allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Joseph And Renee Bijou Family Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Joseph And Renee Bijou Family Foundation shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for Joseph And Renee Bijou Family Foundation?
The following concerns were identified: Significant and consistent decline in revenue, including negative revenue in recent years, raises sustainability concerns.. A substantial decrease in assets from $18M in 2021 to $6.4M in 2023 without clear explanation in public filings.. The consistent reporting of 0% compensation for all years, despite managing millions in assets, could indicate reliance on unpaid volunteers or a lack of transparency regarding operational costs.. The foundation's location in Edison, NJ, with no stated nonprofit type ('nt'), makes it difficult to assess its specific mission and impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Joseph And Renee Bijou Family Foundation's strengths?
Positive indicators for Joseph And Renee Bijou Family Foundation include: Consistent reporting of 0% compensation indicates that no donor funds are being used for executive salaries.. Despite financial fluctuations, the foundation has maintained a significant asset base over several years.. These findings are derived from AI analysis of the organization's financial filings.
How does Joseph And Renee Bijou Family Foundation compensate executives?
The foundation reports 0% compensation across all available filings, suggesting no paid executive compensation, which is a positive for donor funds but raises questions about operational management given the asset base. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is the primary cause for the dramatic decline in revenue, including negative revenue figures, and the corresponding decrease in assets from $18M to $6.4M in just two years?
The provided data does not offer specific reasons for the revenue decline or asset reduction. Negative revenue often indicates significant investment losses or returns of contributions, which would warrant further investigation into the foundation's investment strategies and donor agreements.
How does the foundation manage its operations and grant-making activities without any reported compensation for staff or executives?
The consistent 0% compensation suggests that the foundation operates entirely with unpaid volunteers or that operational expenses are covered by an undisclosed source or method. This model can be efficient but also raises questions about the capacity and professional oversight of its activities, especially given the scale of assets managed.
Filing History
IRS 990 filing history for Joseph And Renee Bijou Family Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Joseph And Renee Bijou Family Foundation's revenue has declined by 209.8%, moving from $714K to $-783,702. Total assets increased by 4.4% over the same period, from $6.1M to $6.4M. Total functional expenses rose by 278.8%, from $182K to $690K. The organization holds $1.5M in liabilities against $6.4M in assets (debt-to-asset ratio: 23.2%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-783,702 | $690K | $6.4M | $1.5M | — | View 990 |
| 2022 | $-820,994 | $1.1M | $8.3M | $1.9M | — | View 990 |
| 2021 | $2.1M | $401K | $18.0M | $9.7M | — | View 990 |
| 2020 | $1.8M | $1.1M | $12.2M | $5.5M | — | View 990 |
| 2019 | $2.1M | $937K | $10.3M | $4.3M | — | View 990 |
| 2016 | $-234,496 | $154K | $6.1M | $1.9M | — | View 990 |
| 2015 | $166K | $589K | $7.3M | $2.8M | — | View 990 |
| 2014 | $600K | $519K | $8.1M | $3.1M | — | View 990 |
| 2013 | $241K | $190K | $7.4M | $2.4M | — | View 990 |
| 2012 | $-202,878 | $588K | $5.8M | $906K | — | View 990 |
| 2011 | $714K | $182K | $6.1M | $482K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-783,702, expenses of $690K, and assets of $6.4M.
- 2022: Revenue of $-820,994, expenses of $1.1M, and assets of $8.3M (revenue -139.5% year-over-year).
- 2021: Revenue of $2.1M, expenses of $401K, and assets of $18.0M (revenue +15.6% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.1M, and assets of $12.2M (revenue -12.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $937K, and assets of $10.3M.
- 2016: Revenue of $-234,496, expenses of $154K, and assets of $6.1M (revenue -241.0% year-over-year).
- 2015: Revenue of $166K, expenses of $589K, and assets of $7.3M (revenue -72.3% year-over-year).
- 2014: Revenue of $600K, expenses of $519K, and assets of $8.1M (revenue +149.4% year-over-year).
- 2013: Revenue of $241K, expenses of $190K, and assets of $7.4M.
- 2012: Revenue of $-202,878, expenses of $588K, and assets of $5.8M (revenue -128.4% year-over-year).
- 2011: Revenue of $714K, expenses of $182K, and assets of $6.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joseph And Renee Bijou Family Foundation:
Data Sources and Methodology
This transparency report for Joseph And Renee Bijou 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.