Julie Fund Inc
Julie Fund Inc. shows strong revenue growth and asset accumulation with no officer compensation.
EIN: 204027171 · Newton, MA · NTEE: E12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $409K |
| Total Expenses | $542K |
| Program Spending | 90% |
| Net Assets | $285K |
| Transparency Score | 92/100 |
Is Julie Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Julie Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Julie Fund Inc
Julie Fund Inc (EIN: 204027171) is a nonprofit organization based in Newton, MA, classified under NTEE code E12. The organization reported total revenue of $409K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Julie Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Julie Fund Inc is a small nonprofit that has been operating for 10 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $718K |
| Total Expenses | $542K |
| Surplus / Deficit | +$176K |
| Total Assets | $285K |
| Net Assets | $285K |
| Operating Margin | 24.5% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2023, Julie Fund Inc reported a surplus of $176K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Julie Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.9% | +55.1% | +161.5% |
| 2022 | +36.2% | +11.9% | +59.9% |
| 2021 | -4.0% | -8.0% | -27.5% |
| 2020 | -9.7% | +10.0% | -30.4% |
| 2019 | -10.9% | -12.3% | +19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Julie Fund Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Julie Fund Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $176K, with revenue exceeding expenses.
Executive Compensation Analysis
The Julie Fund Inc. reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis, which is highly commendable for a nonprofit of its size and contributes to a greater proportion of funds being directed towards its mission.
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 Julie Fund Inc:
- Consistent 0% officer compensation, indicating volunteer leadership.
- Zero liabilities across all filing periods, demonstrating strong financial management.
- Significant revenue growth in the latest filing period (202312) to $717,958.
- Healthy asset accumulation, reaching $284,555 in 202312.
- Strong program spending ratio due to minimal overhead and no executive compensation.
Frequently Asked Questions about Julie Fund Inc
Is Julie Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Julie Fund Inc (EIN: 204027171) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Julie Fund Inc spend its money?
Julie Fund Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Julie Fund Inc tax-deductible?
Julie Fund Inc is registered as a tax-exempt nonprofit (EIN: 204027171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Julie Fund Inc's spending goes to programs?
Julie Fund Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Julie Fund Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Julie Fund Inc is above average for NTEE category E12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Julie Fund Inc located?
Julie Fund Inc is headquartered in Newton, Massachusetts and files with the IRS under EIN 204027171. It is classified under NTEE code E12.
How many years of IRS 990 filings does Julie Fund Inc have?
Julie Fund Inc has 13 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 $409K in total revenue.
Is Julie Fund Inc. a good charity?
Based on the financial data, Julie Fund Inc. appears to be a very good charity. It exhibits strong financial health with growing revenue and assets, maintains zero liabilities, and most notably, reports 0% officer compensation, meaning all leadership is unpaid. This suggests a high dedication to its mission and efficient use of donor funds.
How has Julie Fund Inc.'s revenue trended over time?
Julie Fund Inc.'s revenue has shown a positive trend, particularly with a significant jump from $390,395 in 202212 to $717,958 in 202312. While there have been fluctuations, the overall direction, especially in recent years, indicates growth and increased fundraising success.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, reporting 0% officer compensation in all available filings. This means that no salaries or other forms of compensation are paid to its officers, maximizing the funds available for programmatic activities.
Filing History
IRS 990 filing history for Julie Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Julie Fund Inc's revenue has grown by 312.3%, moving from $174K to $718K. Total assets increased by 41.5% over the same period, from $201K to $285K. Total functional expenses rose by 152.4%, from $215K to $542K. In its most recent filing year (2023), Julie Fund Inc reported a surplus of $176K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $718K | $542K | $285K | $0 | — | — |
| 2022 | $390K | $350K | $109K | $0 | — | View 990 |
| 2021 | $287K | $312K | $68K | $0 | — | View 990 |
| 2020 | $298K | $339K | $94K | $0 | — | View 990 |
| 2019 | $330K | $309K | $135K | $0 | — | View 990 |
| 2018 | $371K | $352K | $113K | $0 | — | View 990 |
| 2017 | $284K | $287K | $95K | $0 | — | View 990 |
| 2016 | $223K | $324K | $98K | $0 | — | View 990 |
| 2015 | $0 | $0 | $0 | $0 | — | View 990 |
| 2014 | $314K | $51K | $395K | $0 | — | — |
| 2013 | $258K | $239K | $132K | $0 | — | — |
| 2012 | $186K | $274K | $113K | $0 | — | — |
| 2011 | $174K | $215K | $201K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $718K, expenses of $542K, and assets of $285K (revenue +83.9% year-over-year).
- 2022: Revenue of $390K, expenses of $350K, and assets of $109K (revenue +36.2% year-over-year).
- 2021: Revenue of $287K, expenses of $312K, and assets of $68K (revenue -4.0% year-over-year).
- 2020: Revenue of $298K, expenses of $339K, and assets of $94K (revenue -9.7% year-over-year).
- 2019: Revenue of $330K, expenses of $309K, and assets of $135K (revenue -10.9% year-over-year).
- 2018: Revenue of $371K, expenses of $352K, and assets of $113K (revenue +30.7% year-over-year).
- 2017: Revenue of $284K, expenses of $287K, and assets of $95K (revenue +27.0% year-over-year).
- 2016: Revenue of $223K, expenses of $324K, and assets of $98K.
- 2015: Revenue of $0, expenses of $0, and assets of $0 (revenue -100.0% year-over-year).
- 2014: Revenue of $314K, expenses of $51K, and assets of $395K (revenue +21.9% year-over-year).
- 2013: Revenue of $258K, expenses of $239K, and assets of $132K (revenue +38.9% year-over-year).
- 2012: Revenue of $186K, expenses of $274K, and assets of $113K (revenue +6.6% year-over-year).
- 2011: Revenue of $174K, expenses of $215K, and assets of $201K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Julie Fund Inc:
Data Sources and Methodology
This transparency report for Julie Fund Inc 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.