Joseph B Vandervelden Foundation

Joseph B Vandervelden Foundation maintains substantial assets with zero officer compensation and no liabilities.

EIN: 201226604 · Forest Grove, OR · NTEE: T21 · Updated: 2026-03-28

$398KRevenue

$4.6MAssets

85/100Mission Score (Excellent)

T21

About Joseph B Vandervelden Foundation

Joseph B Vandervelden Foundation (EIN: 201226604) is a nonprofit organization based in Forest Grove, OR, classified under NTEE code T21. The organization reported total revenue of $398K and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph B Vandervelden Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Joseph B Vandervelden Foundation demonstrates consistent financial stability with substantial assets, currently at $4,635,237, significantly outweighing its annual expenses. The organization has consistently reported zero liabilities and zero officer compensation across all available filings, indicating a strong commitment to financial prudence and a volunteer-driven leadership model. While revenue fluctuates year-to-year, ranging from $49,273 to $534,075, the foundation's asset base has shown steady growth over the past decade, suggesting effective long-term financial management. The absence of officer compensation also points to a high degree of transparency regarding executive pay, as there is none to report.

However, a detailed breakdown of spending efficiency is challenging without specific program, administrative, and fundraising expense categories. The latest filing (202312) shows expenses of $179,450 against revenue of $52,502, indicating a year where expenses exceeded revenue, drawing from reserves. This is not necessarily a red flag for an endowment-based foundation but warrants closer examination of the nature of these expenses. The consistent reporting of zero liabilities and officer compensation are strong indicators of good governance and financial health, but without a clearer picture of program spending versus other operational costs, a full assessment of spending efficiency is limited.

Overall, the foundation appears to be a well-managed entity with a solid asset base and a transparent approach to executive compensation. Its long history of filings with consistent financial reporting practices further supports its transparency. The primary area for further inquiry would be the detailed allocation of its expenses to fully understand its program efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Joseph B Vandervelden Foundation with a Mission Score of 85 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Joseph B Vandervelden Foundation 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.

Executive Compensation Analysis

The Joseph B Vandervelden Foundation reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its size with assets exceeding $4 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 Joseph B Vandervelden Foundation's IRS 990 filings:

Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data, hindering full efficiency analysis.

Strengths

The following positive indicators were identified for Joseph B Vandervelden Foundation:

Consistent reporting of 0% officer compensation, indicating high efficiency and volunteer leadership.
Zero liabilities reported across all filings, demonstrating strong financial management and solvency.
Substantial and growing asset base ($4,635,237 currently), providing long-term stability.
Long history of IRS 990 filings (13 filings), indicating consistent transparency and compliance.
Assets significantly outweigh annual expenses, suggesting robust financial health.

Frequently Asked Questions about Joseph B Vandervelden Foundation

Is the Joseph B Vandervelden Foundation a good charity?

Based on the available IRS 990 data, the foundation exhibits strong financial health with substantial assets ($4,635,237) and zero liabilities. The consistent reporting of 0% officer compensation is a significant positive indicator of efficiency and dedication. However, without a detailed breakdown of program spending versus administrative and fundraising costs, a definitive 'good charity' assessment is limited, though the overall financial picture is very positive.

How does the foundation manage its expenses when revenue is low?

In periods where revenue is lower than expenses, such as in 202312 (Revenue=$52,502, Expenses=$179,450), the foundation appears to draw from its significant asset base ($4,417,660 in 202312) to cover operational costs. This is a common practice for foundations with endowments, ensuring consistent operations despite fluctuating annual income.

What is the trend in the foundation's assets?

The foundation's assets have shown a general upward trend over the past decade, growing from $3,882,254 in 201412 to $4,635,237 currently, despite some year-to-year fluctuations. This indicates effective long-term financial management and growth of its endowment.

Filing History

IRS 990 filing history for Joseph B Vandervelden Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Joseph B Vandervelden Foundation's revenue has declined by 82.7%, moving from $304K to $53K. Total assets increased by 31.4% over the same period, from $3.4M to $4.4M. Total functional expenses rose by 34.6%, from $133K to $179K. In its most recent filing year (2023), Joseph B Vandervelden Foundation reported a deficit of $127K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$53K	$179K	$4.4M	$0	—	View 990
2022	$188K	$135K	$4.3M	$0	—	View 990
2021	$534K	$98K	$4.8M	$0	—	—
2020	$49K	$126K	$4.5M	$0	—	View 990
2019	$179K	$126K	$4.3M	$0	—	View 990
2018	$289K	$116K	$3.8M	$0	—	View 990
2017	$265K	$105K	$4.2M	$0	—	View 990
2016	$148K	$107K	$3.8M	$0	—	View 990
2015	$244K	$118K	$3.6M	$0	—	View 990
2014	$269K	$101K	$3.9M	$0	—	View 990
2013	$182K	$120K	$3.8M	$0	—	View 990
2012	$615K	$123K	$3.7M	$0	—	View 990
2011	$304K	$133K	$3.4M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $53K, expenses of $179K, and assets of $4.4M (revenue -72.1% year-over-year).
2022: Revenue of $188K, expenses of $135K, and assets of $4.3M (revenue -64.8% year-over-year).
2021: Revenue of $534K, expenses of $98K, and assets of $4.8M (revenue +983.9% year-over-year).
2020: Revenue of $49K, expenses of $126K, and assets of $4.5M (revenue -72.5% year-over-year).
2019: Revenue of $179K, expenses of $126K, and assets of $4.3M (revenue -37.8% year-over-year).
2018: Revenue of $289K, expenses of $116K, and assets of $3.8M (revenue +8.8% year-over-year).
2017: Revenue of $265K, expenses of $105K, and assets of $4.2M (revenue +79.2% year-over-year).
2016: Revenue of $148K, expenses of $107K, and assets of $3.8M (revenue -39.3% year-over-year).
2015: Revenue of $244K, expenses of $118K, and assets of $3.6M (revenue -9.4% year-over-year).
2014: Revenue of $269K, expenses of $101K, and assets of $3.9M (revenue +48.1% year-over-year).
2013: Revenue of $182K, expenses of $120K, and assets of $3.8M (revenue -70.5% year-over-year).
2012: Revenue of $615K, expenses of $123K, and assets of $3.7M (revenue +102.3% year-over-year).
2011: Revenue of $304K, expenses of $133K, and assets of $3.4M.

Data Sources and Methodology

This transparency report for Joseph B Vandervelden 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.