Palmer And Jane D Davenport Foundation
Palmer And Jane D Davenport Foundation consistently directs 100% of officer compensation to programs, maintaining strong assets.
EIN: 207210080 · Chicago, IL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $245K |
| Program Spending | 95% |
| Net Assets | $3.1M |
| Transparency Score | 92/100 |
Is Palmer And Jane D Davenport Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Palmer And Jane D Davenport Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Palmer And Jane D Davenport Foundation
Palmer And Jane D Davenport Foundation (EIN: 207210080) is a nonprofit organization based in Chicago, IL, classified under NTEE code T22. The organization reported total revenue of $1.3M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Palmer And Jane D Davenport Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Palmer And Jane D Davenport Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $232K |
| Total Expenses | $245K |
| Surplus / Deficit | $-13,023 |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | -5.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 153.5 months |
Financial Health Grade: B
In 2023, Palmer And Jane D Davenport Foundation reported a deficit of $13K with expenses exceeding revenue, holds 153.5 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), Palmer And Jane D Davenport Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -85.7% | +14.4% | -0.4% |
| 2022 | +1467.0% | +139.8% | +80.8% |
| 2021 | +76.5% | +68.4% | +0.8% |
| 2020 | -64.8% | -83.1% | +0.3% |
| 2019 | -59.3% | +2098.9% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Palmer And Jane D Davenport Foundation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Palmer And Jane D Davenport Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly unusual and suggests a volunteer-led or externally funded administrative 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.
Strengths
The following positive indicators were identified for Palmer And Jane D Davenport Foundation:
- Consistent 0% officer compensation, maximizing program spending.
- Strong asset growth from $1.2M in 2011 to $3.1M in 2023.
- Minimal liabilities ($0-$1 across all filings) indicating excellent financial health.
- High transparency regarding executive compensation.
- Likely high program efficiency due to lack of paid officers.
Frequently Asked Questions about Palmer And Jane D Davenport Foundation
Is Palmer And Jane D Davenport Foundation a legitimate charity?
Palmer And Jane D Davenport Foundation (EIN: 207210080) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Palmer And Jane D Davenport Foundation spend its money?
Palmer And Jane D Davenport Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Palmer And Jane D Davenport Foundation tax-deductible?
Palmer And Jane D Davenport Foundation is registered as a tax-exempt nonprofit (EIN: 207210080). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Palmer And Jane D Davenport Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Palmer And Jane D Davenport 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 Palmer And Jane D Davenport Foundation located?
Palmer And Jane D Davenport Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 207210080. It is classified under NTEE code T22.
How many years of IRS 990 filings does Palmer And Jane D Davenport Foundation have?
Palmer And Jane D Davenport 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 $1.3M in total revenue.
Is Palmer And Jane D Davenport Foundation a good charity?
Based on the available data, the foundation appears to be a very good charity. It consistently reports 0% officer compensation, indicating that funds are highly likely directed towards its mission. Its assets have grown significantly over time, and liabilities are minimal.
How does the foundation manage without officer compensation?
The filings consistently show 0% officer compensation. This suggests the foundation is either entirely volunteer-run, or administrative costs, including any compensation for key personnel, are covered by external sources or other entities, allowing the foundation's direct expenses to be primarily programmatic.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, growing from $1,239,439 in 2011 to $3,136,517 in 2023, indicating effective asset management and growth over time.
Filing History
IRS 990 filing history for Palmer And Jane D Davenport Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Palmer And Jane D Davenport Foundation's revenue has grown by 83.9%, moving from $126K to $232K. Total assets increased by 153.1% over the same period, from $1.2M to $3.1M. Total functional expenses rose by 217.7%, from $77K to $245K. In its most recent filing year (2023), Palmer And Jane D Davenport Foundation reported a deficit of $13K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $232K | $245K | $3.1M | $1 | — | View 990 |
| 2022 | $1.6M | $214K | $3.1M | $1 | — | View 990 |
| 2021 | $104K | $89K | $1.7M | $1 | — | — |
| 2020 | $59K | $53K | $1.7M | $1 | — | View 990 |
| 2019 | $167K | $314K | $1.7M | $0 | — | View 990 |
| 2015 | $409K | $14K | $1.8M | $1 | — | View 990 |
| 2014 | $62K | $53K | $1.4M | $1 | — | View 990 |
| 2013 | $109K | $103K | $1.4M | $1 | — | View 990 |
| 2012 | $171K | $64K | $1.3M | $1 | — | View 990 |
| 2011 | $126K | $77K | $1.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $232K, expenses of $245K, and assets of $3.1M (revenue -85.7% year-over-year).
- 2022: Revenue of $1.6M, expenses of $214K, and assets of $3.1M (revenue +1467.0% year-over-year).
- 2021: Revenue of $104K, expenses of $89K, and assets of $1.7M (revenue +76.5% year-over-year).
- 2020: Revenue of $59K, expenses of $53K, and assets of $1.7M (revenue -64.8% year-over-year).
- 2019: Revenue of $167K, expenses of $314K, and assets of $1.7M (revenue -59.3% year-over-year).
- 2015: Revenue of $409K, expenses of $14K, and assets of $1.8M (revenue +560.0% year-over-year).
- 2014: Revenue of $62K, expenses of $53K, and assets of $1.4M (revenue -43.3% year-over-year).
- 2013: Revenue of $109K, expenses of $103K, and assets of $1.4M (revenue -36.2% year-over-year).
- 2012: Revenue of $171K, expenses of $64K, and assets of $1.3M (revenue +35.6% year-over-year).
- 2011: Revenue of $126K, expenses of $77K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Palmer And Jane D Davenport Foundation:
Data Sources and Methodology
This transparency report for Palmer And Jane D Davenport 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.