Jy6 Foundation
EIN: 453620184 · Sioux Falls, SD · NTEE: G30
| Metric | Value |
|---|---|
| Total Revenue | $94K |
| Total Expenses | $37K |
| Net Assets | $42K |
Is Jy6 Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jy6 Foundation
Jy6 Foundation (EIN: 453620184) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code G30. The organization reported total revenue of $94K and total assets of $50K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jy6 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jy6 Foundation is a micro nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of -15.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $37K |
| Surplus / Deficit | $-30,819 |
| Total Assets | $42K |
| Net Assets | $42K |
| Operating Margin | -487.3% |
| Months of Reserves | 13.7 months |
Financial Health Grade: B
In 2022, Jy6 Foundation reported a deficit of $31K with expenses exceeding revenue, holds 13.7 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2012–2022), Jy6 Foundation's revenue has declined at a compound annual growth rate (CAGR) of -15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -81.3% | +170.7% | -35.1% |
| 2016 | +26.1% | -42.2% | +44.4% |
| 2015 | +49.7% | -26.4% | -7.6% |
| 2014 | -50.4% | +92.6% | -19.2% |
| 2013 | +3.4% | -14.3% | +59.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jy6 Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jy6 Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
Frequently Asked Questions about Jy6 Foundation
Is Jy6 Foundation a legitimate charity?
Jy6 Foundation (EIN: 453620184) is a registered tax-exempt nonprofit based in South Dakota. It has 6 years of IRS 990 filings on record. Total revenue: $94K. No red flags identified. Financial health grade: B.
How does Jy6 Foundation spend its money?
Jy6 Foundation reported $94K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jy6 Foundation tax-deductible?
Jy6 Foundation is registered as a tax-exempt nonprofit (EIN: 453620184). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jy6 Foundation located?
Jy6 Foundation is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 453620184. It is classified under NTEE code G30.
How many years of IRS 990 filings does Jy6 Foundation have?
Jy6 Foundation has 6 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 $94K in total revenue.
Filing History
IRS 990 filing history for Jy6 Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2022), Jy6 Foundation's revenue has declined by 81.9%, moving from $35K to $6K. Total assets increased by 11.6% over the same period, from $38K to $42K. Total functional expenses rose by 90%, from $20K to $37K. In its most recent filing year (2022), Jy6 Foundation reported a deficit of $31K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $6K | $37K | $42K | $0 | — | View 990 |
| 2016 | $34K | $14K | $65K | $0 | — | — |
| 2015 | $27K | $24K | $45K | $0 | — | — |
| 2014 | $18K | $32K | $49K | $7K | — | — |
| 2013 | $36K | $17K | $61K | $4K | — | — |
| 2012 | $35K | $20K | $38K | $849 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $6K, expenses of $37K, and assets of $42K (revenue -81.3% year-over-year).
- 2016: Revenue of $34K, expenses of $14K, and assets of $65K (revenue +26.1% year-over-year).
- 2015: Revenue of $27K, expenses of $24K, and assets of $45K (revenue +49.7% year-over-year).
- 2014: Revenue of $18K, expenses of $32K, and assets of $49K (revenue -50.4% year-over-year).
- 2013: Revenue of $36K, expenses of $17K, and assets of $61K (revenue +3.4% year-over-year).
- 2012: Revenue of $35K, expenses of $20K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jy6 Foundation:
Data Sources and Methodology
This transparency report for Jy6 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.