Mark And Judy Heinemann Foundationinc

Mark And Judy Heinemann Foundationinc maintains stable assets and zero officer compensation over a decade.

EIN: 205343022 · Davidson, NC · NTEE: T20 · Updated: 2026-03-28

$7.9MRevenue

$14.6MAssets

95/100Mission Score (Excellent)

T20

About Mark And Judy Heinemann Foundationinc

Mark And Judy Heinemann Foundationinc (EIN: 205343022) is a nonprofit organization based in Davidson, NC, classified under NTEE code T20. The organization reported total revenue of $7.9M and total assets of $14.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mark And Judy Heinemann Foundationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Mark And Judy Heinemann Foundationinc appears to be a well-managed private foundation with a consistent asset base and a clear focus on its programmatic activities. Over the past five years, the organization has maintained assets between $13.3 million and $14.4 million, indicating financial stability. Its revenue streams have fluctuated, with a notable high of $1.7 million in 2021 and a low of $725,923 in 2022, suggesting reliance on investment returns or varying donation levels. The foundation consistently spends less than its total assets, ensuring long-term sustainability.

The foundation demonstrates strong spending efficiency, as evidenced by its 0% officer compensation across all reported periods. This indicates that administrative costs related to executive salaries are non-existent, allowing a greater proportion of funds to be directed towards its mission. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a significant positive indicator of efficiency. The foundation's liabilities have also remained extremely low, often at $1 or $0, which is a strong sign of fiscal health and responsible financial management.

In terms of transparency, the organization has a consistent filing history with 10 IRS 990 filings, demonstrating adherence to regulatory requirements. The lack of officer compensation also simplifies the analysis of executive pay, removing a common area of concern for donors. Overall, the foundation exhibits sound financial practices, efficient operations, and a commitment to transparency through its regular filings and minimal liabilities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mark And Judy Heinemann Foundationinc with a Mission Score of 95 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, Mark And Judy Heinemann Foundationinc 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.

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 unusual for an organization of its asset size ($14.6 million latest assets) and suggests a volunteer-led or externally managed structure.

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 Mark And Judy Heinemann Foundationinc's IRS 990 filings:

Revenue volatility: Revenue has fluctuated significantly, from $195,625 in 2011 to $4,037,824 in 2015, and $750,803 in 2023, which could indicate reliance on unpredictable investment returns or large, infrequent donations.

Strengths

The following positive indicators were identified for Mark And Judy Heinemann Foundationinc:

Zero Officer Compensation: Consistently reporting 0% officer compensation across all filings is a significant strength, indicating high efficiency and dedication of resources to the mission.
Stable Asset Base: The foundation maintains a stable and substantial asset base, ranging from $11.3 million to $14.6 million, demonstrating long-term financial security.
Low Liabilities: Extremely low liabilities (often $0 or $1) across all periods indicate excellent fiscal health and responsible financial management.
Consistent Filing History: A history of 10 IRS 990 filings demonstrates transparency and compliance with regulatory requirements.
Strong Program Focus: The absence of executive compensation strongly suggests that the vast majority of expenses are directed towards programmatic activities or essential operational costs.

Frequently Asked Questions about Mark And Judy Heinemann Foundationinc

Is Mark And Judy Heinemann Foundationinc a good charity?

Based on the available financial data, the Mark And Judy Heinemann Foundationinc appears to be a very good charity, particularly due to its strong financial health, stable asset base, and the complete absence of officer compensation, which suggests high efficiency in directing funds to its mission.

How does the foundation manage its administrative costs?

The foundation manages its administrative costs exceptionally well, as evidenced by 0% officer compensation across all reported periods. This indicates that executive salaries are not a drain on resources, allowing more funds to be allocated to programs.

What is the trend in the foundation's assets?

The foundation's assets have shown remarkable stability, fluctuating between approximately $11.3 million and $14.4 million over the past decade, with the latest reported assets at $14,619,992. This indicates a well-managed endowment.

Does the foundation have significant liabilities?

No, the foundation consistently reports extremely low liabilities, often $1 or $0, across all available filings. This is a strong indicator of excellent financial management and minimal debt.

Filing History

IRS 990 filing history for Mark And Judy Heinemann Foundationinc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Mark And Judy Heinemann Foundationinc's revenue has grown by 283.8%, moving from $196K to $751K. Total assets increased by 19.4% over the same period, from $11.7M to $14.0M. Total functional expenses rose by 39.9%, from $763K to $1.1M. In its most recent filing year (2023), Mark And Judy Heinemann Foundationinc reported a deficit of $316K, with expenses exceeding revenue. The organization holds $69K in liabilities against $14.0M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $13.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$751K	$1.1M	$14.0M	$69K	—	—
2022	$726K	$910K	$14.2M	$1	—	View 990
2021	$1.7M	$1.0M	$14.4M	$1	—	View 990
2020	$1.3M	$991K	$13.7M	$1	—	View 990
2019	$858K	$971K	$13.3M	$1	—	View 990
2015	$4.0M	$677K	$14.4M	$0	—	View 990
2014	$1.3M	$828K	$11.9M	$0	—	View 990
2013	$730K	$929K	$11.4M	$0	—	View 990
2012	$302K	$532K	$11.7M	$0	—	View 990
2011	$196K	$763K	$11.7M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $751K, expenses of $1.1M, and assets of $14.0M (revenue +3.4% year-over-year).
2022: Revenue of $726K, expenses of $910K, and assets of $14.2M (revenue -57.4% year-over-year).
2021: Revenue of $1.7M, expenses of $1.0M, and assets of $14.4M (revenue +26.5% year-over-year).
2020: Revenue of $1.3M, expenses of $991K, and assets of $13.7M (revenue +56.9% year-over-year).
2019: Revenue of $858K, expenses of $971K, and assets of $13.3M (revenue -78.7% year-over-year).
2015: Revenue of $4.0M, expenses of $677K, and assets of $14.4M (revenue +202.5% year-over-year).
2014: Revenue of $1.3M, expenses of $828K, and assets of $11.9M (revenue +82.8% year-over-year).
2013: Revenue of $730K, expenses of $929K, and assets of $11.4M (revenue +141.9% year-over-year).
2012: Revenue of $302K, expenses of $532K, and assets of $11.7M (revenue +54.3% year-over-year).
2011: Revenue of $196K, expenses of $763K, and assets of $11.7M.

Data Sources and Methodology

This transparency report for Mark And Judy Heinemann Foundationinc 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.