Joseph R And Billie B Day Family Foundation
Joseph R And Billie B Day Family Foundation maintains stable assets with minimal revenue and zero officer compensation.
EIN: 200605739 · Alex City, AL · NTEE: T22 · Updated: 2026-03-28
Is Joseph R And Billie B Day 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 R And Billie B Day Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joseph R And Billie B Day Family Foundation
Joseph R And Billie B Day Family Foundation (EIN: 200605739) is a nonprofit organization based in Alex City, AL, classified under NTEE code T22. The organization reported total revenue of $6K and total assets of $152K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph R And Billie B Day Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joseph R And Billie B Day Family Foundation is a micro 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 43.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $5K |
| Surplus / Deficit | +$953 |
| Total Assets | $146K |
| Total Liabilities | $1 |
| Net Assets | $146K |
| Operating Margin | 15.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 340.7 months |
Financial Health Grade: A
In 2023, Joseph R And Billie B Day Family Foundation reported a surplus of $953 with revenue exceeding expenses, holds 340.7 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 R And Billie B Day Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 43.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +266.1% | +139.5% | +0.7% |
| 2022 | +2152.7% | -53.8% | -0.3% |
| 2021 | -84.3% | +10.6% | -3.0% |
| 2020 | -83.0% | +834.0% | -2.4% |
| 2019 | +18453.3% | -73.1% | -0.6% |
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 Joseph R And Billie B Day Family 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Joseph R And Billie B Day 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:
- The organization reported a surplus of $953, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a foundation of this size.
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 R And Billie B Day Family Foundation's IRS 990 filings:
- Low and inconsistent revenue generation
- Expenses frequently exceed revenue in past years (e.g., 2021, 2022)
Strengths
The following positive indicators were identified for Joseph R And Billie B Day Family Foundation:
- Consistent IRS 990 filing history (10 filings)
- Zero officer compensation reported across all filings
- Stable asset base over a decade (around $150,000)
- Minimal liabilities ($1 consistently reported)
Frequently Asked Questions about Joseph R And Billie B Day Family Foundation
Is Joseph R And Billie B Day Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Joseph R And Billie B Day Family Foundation (EIN: 200605739) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Joseph R And Billie B Day Family Foundation spend its money?
Joseph R And Billie B Day Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Joseph R And Billie B Day Family Foundation tax-deductible?
Joseph R And Billie B Day Family Foundation is registered as a tax-exempt nonprofit (EIN: 200605739). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Joseph R And Billie B Day Family Foundation a good charity?
Based on the provided data, the foundation exhibits strong financial transparency with consistent 990 filings and zero officer compensation. Its small scale and stable asset base suggest it operates conservatively. Without specific program details, it's hard to fully evaluate its impact, but its operational efficiency regarding executive pay is excellent.
How does the foundation manage its assets?
The foundation maintains a relatively stable asset base, typically around $150,000. While revenues are low, the foundation has managed to sustain its assets over a decade, indicating prudent financial management despite periods where expenses exceeded revenue.
What is the trend in the foundation's revenue and expenses?
Revenue has fluctuated significantly, from a low of $15 in 2015 to $6,103 in 2023. Expenses also vary, from $450 in 2019 to $6,649 in 2011. In recent years (2021-2022), expenses often exceeded revenue, but 2023 showed a positive margin.
Filing History
IRS 990 filing history for Joseph R And Billie B Day Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Joseph R And Billie B Day Family Foundation's revenue has grown by 7434.6%, moving from $81 to $6K. Total assets decreased by 9.2% over the same period, from $161K to $146K. Total functional expenses fell by 22.5%, from $7K to $5K. In its most recent filing year (2023), Joseph R And Billie B Day Family Foundation reported a surplus of $953, with revenue exceeding expenses. The organization holds $1 in liabilities against $146K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $146K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6K | $5K | $146K | $1 | — | — |
| 2022 | $2K | $2K | $145K | $1 | — | View 990 |
| 2021 | $74 | $5K | $146K | $1 | — | — |
| 2020 | $472 | $4K | $150K | $1 | — | — |
| 2019 | $3K | $450 | $154K | $1 | — | View 990 |
| 2015 | $15 | $2K | $155K | $1 | — | View 990 |
| 2014 | $16 | $2K | $157K | $1 | — | View 990 |
| 2013 | $16 | $1K | $159K | $1 | — | View 990 |
| 2012 | $53 | $1K | $160K | $1 | — | View 990 |
| 2011 | $81 | $7K | $161K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6K, expenses of $5K, and assets of $146K (revenue +266.1% year-over-year).
- 2022: Revenue of $2K, expenses of $2K, and assets of $145K (revenue +2152.7% year-over-year).
- 2021: Revenue of $74, expenses of $5K, and assets of $146K (revenue -84.3% year-over-year).
- 2020: Revenue of $472, expenses of $4K, and assets of $150K (revenue -83.0% year-over-year).
- 2019: Revenue of $3K, expenses of $450, and assets of $154K (revenue +18453.3% year-over-year).
- 2015: Revenue of $15, expenses of $2K, and assets of $155K (revenue -6.3% year-over-year).
- 2014: Revenue of $16, expenses of $2K, and assets of $157K (revenue +0.0% year-over-year).
- 2013: Revenue of $16, expenses of $1K, and assets of $159K (revenue -69.8% year-over-year).
- 2012: Revenue of $53, expenses of $1K, and assets of $160K (revenue -34.6% year-over-year).
- 2011: Revenue of $81, expenses of $7K, and assets of $161K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joseph R And Billie B Day Family Foundation:
Data Sources and Methodology
This transparency report for Joseph R And Billie B Day 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.