Joseph Raunhorst Family Foundation
Joseph Raunhorst Family Foundation shows strong asset growth and minimal liabilities with no officer compensation.
EIN: 20694762 · Sioux Falls, SD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $272K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $9.3 |
| Net Assets | $8.4M |
| Transparency Score | 90/100 |
Is Joseph Raunhorst 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 Raunhorst Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joseph Raunhorst Family Foundation
Joseph Raunhorst Family Foundation (EIN: 20694762) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code T22. The organization reported total revenue of $1.1M and total assets of $9.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph Raunhorst Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joseph Raunhorst Family Foundation is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 34.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $272K |
| Surplus / Deficit | +$2.1M |
| Total Assets | $8.4M |
| Total Liabilities | $1 |
| Net Assets | $8.4M |
| Operating Margin | 88.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 370.2 months |
Financial Health Grade: A
In 2023, Joseph Raunhorst Family Foundation reported a surplus of $2.1M with revenue exceeding expenses, holds 370.2 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 Raunhorst Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 34.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +74.6% | -2.3% | +29.9% |
| 2022 | -50.6% | +31.8% | -7.7% |
| 2021 | +795.2% | -2.8% | +46.1% |
| 2020 | +48.4% | -1.7% | +6.3% |
| 2019 | +16.2% | +0.6% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Raunhorst Family Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Joseph Raunhorst 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 $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Joseph Raunhorst Family Foundation reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly unusual for an organization of its asset size ($9.3 million) and revenue levels.
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 Raunhorst Family Foundation's IRS 990 filings:
- Significant revenue volatility year-over-year, which could impact long-term planning if not managed by substantial reserves.
- Lack of detailed program spending breakdown in the provided summary data, making it difficult to fully assess mission impact.
Strengths
The following positive indicators were identified for Joseph Raunhorst Family Foundation:
- Consistent asset growth, from $3.3 million in 2011 to $9.3 million in the latest period.
- Extremely low liabilities, consistently reported as $1 or $0, indicating strong financial health and minimal debt.
- 0% officer compensation, suggesting highly efficient use of funds and potentially volunteer-driven leadership.
- Expenses consistently low relative to revenue, indicating strong cost control and financial management.
- Strong financial stability with a substantial asset base relative to annual expenses.
Frequently Asked Questions about Joseph Raunhorst Family Foundation
Is Joseph Raunhorst Family Foundation a legitimate charity?
Joseph Raunhorst Family Foundation (EIN: 20694762) is a registered tax-exempt nonprofit based in South Dakota. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Joseph Raunhorst Family Foundation spend its money?
Joseph Raunhorst Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Joseph Raunhorst Family Foundation tax-deductible?
Joseph Raunhorst Family Foundation is registered as a tax-exempt nonprofit (EIN: 20694762). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Joseph Raunhorst Family Foundation CEO make?
Joseph Raunhorst Family Foundation's highest-compensated officer earns $9.3 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Joseph Raunhorst Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Joseph Raunhorst 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 Raunhorst Family Foundation located?
Joseph Raunhorst Family Foundation is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 20694762. It is classified under NTEE code T22.
How many years of IRS 990 filings does Joseph Raunhorst Family Foundation have?
Joseph Raunhorst 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 $1.1M in total revenue.
How does the foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation may be entirely volunteer-run at the executive level, or that executive services are provided pro bono, which is highly efficient for a foundation of its size.
What are the primary sources of the foundation's fluctuating revenue?
The provided data shows significant revenue fluctuations, from $66,420 in 2011 to $2,706,486 in 2021. Without more detailed 990 schedules, it's difficult to pinpoint the exact sources, but this pattern often indicates reliance on investment returns, large one-time donations, or specific grant cycles rather than consistent operational income.
What specific programs does the Joseph Raunhorst Family Foundation fund?
The NTEE code T22 (Private Grantmaking Foundations) indicates its general purpose, but the provided data does not detail the specific programs or beneficiaries of the foundation's grants. Further investigation into their 990-PF filings would be necessary to understand their grantmaking focus.
Filing History
IRS 990 filing history for Joseph Raunhorst Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Joseph Raunhorst Family Foundation's revenue has grown by 3418.8%, moving from $66K to $2.3M. Total assets increased by 152% over the same period, from $3.3M to $8.4M. Total functional expenses rose by 62.1%, from $168K to $272K. In its most recent filing year (2023), Joseph Raunhorst Family Foundation reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $272K | $8.4M | $1 | — | — |
| 2022 | $1.3M | $278K | $6.4M | $1 | — | View 990 |
| 2021 | $2.7M | $211K | $7.0M | $1 | — | View 990 |
| 2020 | $302K | $217K | $4.8M | $1 | — | View 990 |
| 2019 | $204K | $221K | $4.5M | $1 | — | — |
| 2015 | $175K | $219K | $3.9M | $1 | — | View 990 |
| 2014 | $399K | $199K | $4.2M | $0 | — | View 990 |
| 2013 | $355K | $168K | $4.1M | $0 | — | View 990 |
| 2012 | $112K | $181K | $3.5M | $0 | — | View 990 |
| 2011 | $66K | $168K | $3.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $272K, and assets of $8.4M (revenue +74.6% year-over-year).
- 2022: Revenue of $1.3M, expenses of $278K, and assets of $6.4M (revenue -50.6% year-over-year).
- 2021: Revenue of $2.7M, expenses of $211K, and assets of $7.0M (revenue +795.2% year-over-year).
- 2020: Revenue of $302K, expenses of $217K, and assets of $4.8M (revenue +48.4% year-over-year).
- 2019: Revenue of $204K, expenses of $221K, and assets of $4.5M (revenue +16.2% year-over-year).
- 2015: Revenue of $175K, expenses of $219K, and assets of $3.9M (revenue -56.0% year-over-year).
- 2014: Revenue of $399K, expenses of $199K, and assets of $4.2M (revenue +12.2% year-over-year).
- 2013: Revenue of $355K, expenses of $168K, and assets of $4.1M (revenue +218.3% year-over-year).
- 2012: Revenue of $112K, expenses of $181K, and assets of $3.5M (revenue +68.1% year-over-year).
- 2011: Revenue of $66K, expenses of $168K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joseph Raunhorst Family Foundation:
Data Sources and Methodology
This transparency report for Joseph Raunhorst 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.