Paula And Van Jones Foundation
Paula And Van Jones Foundation faces significant and consistent operating deficits, drawing down assets.
EIN: 204292940 · Edmond, OK · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24K |
| Total Expenses | $45K |
| Program Spending | 70% |
| Net Assets | $419K |
| Transparency Score | 45/100 |
Is Paula And Van Jones Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paula And Van Jones Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Paula And Van Jones Foundation
Paula And Van Jones Foundation (EIN: 204292940) is a nonprofit organization based in Edmond, OK, classified under NTEE code T20. The organization reported total revenue of $24K and total assets of $418K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paula And Van Jones Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paula And Van Jones Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -25.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $45K |
| Surplus / Deficit | $-39,872 |
| Total Assets | $419K |
| Total Liabilities | $1 |
| Net Assets | $419K |
| Operating Margin | -743.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 111.1 months |
Financial Health Grade: B
In 2023, Paula And Van Jones Foundation reported a deficit of $40K with expenses exceeding revenue, holds 111.1 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), Paula And Van Jones Foundation's revenue has declined at a compound annual growth rate (CAGR) of -25.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.9% | +7.6% | -3.2% |
| 2022 | +116.9% | -31.3% | -6.8% |
| 2021 | -98.5% | +29.3% | -35.9% |
| 2020 | +13301.0% | -33.3% | +78.9% |
| 2019 | -97.8% | -41.9% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Paula And Van Jones Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Paula And Van Jones Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $40K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that officers are not receiving salaries from the foundation, which is commendable for an organization of its size with fluctuating revenues.
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 Paula And Van Jones Foundation's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $45,233 expenses vs. $5,361 revenue in 2023).
- Substantial decline in assets from $724,605 in 2020 to $418,927 in 2023.
- Dramatic drop in revenue after 2020, from $310,501 to under $11,000 annually in subsequent years.
- Expenses consistently higher than revenue for the past three years, indicating an unsustainable financial model.
Strengths
The following positive indicators were identified for Paula And Van Jones Foundation:
- 0% officer compensation reported across all available filings, indicating no salaries paid to executives.
- Maintained a significant asset base, despite recent drawdowns, suggesting past financial strength.
Frequently Asked Questions about Paula And Van Jones Foundation
Is Paula And Van Jones Foundation a legitimate charity?
Paula And Van Jones Foundation (EIN: 204292940) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $24K. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Paula And Van Jones Foundation spend its money?
Paula And Van Jones Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Paula And Van Jones Foundation tax-deductible?
Paula And Van Jones Foundation is registered as a tax-exempt nonprofit (EIN: 204292940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Paula And Van Jones Foundation's spending goes to programs?
Paula And Van Jones Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Paula And Van Jones Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Paula And Van Jones Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Paula And Van Jones Foundation located?
Paula And Van Jones Foundation is headquartered in Edmond, Oklahoma and files with the IRS under EIN 204292940. It is classified under NTEE code T20.
How many years of IRS 990 filings does Paula And Van Jones Foundation have?
Paula And Van Jones 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 $24K in total revenue.
Is Paula And Van Jones Foundation financially sustainable?
Based on recent filings, the foundation is not financially sustainable, with expenses significantly exceeding revenue in the last three reported periods (e.g., $45,233 expenses vs. $5,361 revenue in 2023).
What caused the substantial drop in revenue after 2020?
Revenue dropped from $310,501 in 2020 to $4,739 in 2021, and has remained low since. The provided data does not specify the cause, but this represents a critical shift in funding.
How are the consistent operating deficits being covered?
The consistent operating deficits appear to be covered by drawing down the foundation's assets, which have decreased from $724,605 in 2020 to $418,927 in 2023.
What is the foundation's primary program activity given its NTEE code T20?
The NTEE code T20 typically refers to 'Philanthropy, Voluntarism, and Grantmaking Foundations'. Without further detail, it suggests the foundation primarily engages in grantmaking or supporting other nonprofits.
What is the plan to address the significant revenue shortfall?
The provided financial data does not include information on the foundation's plans to address the substantial and ongoing revenue shortfall relative to its expenses.
Filing History
IRS 990 filing history for Paula And Van Jones Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Paula And Van Jones Foundation's revenue has declined by 97.1%, moving from $185K to $5K. Total assets increased by 300.5% over the same period, from $105K to $419K. Total functional expenses fell by 48.9%, from $88K to $45K. In its most recent filing year (2023), Paula And Van Jones Foundation reported a deficit of $40K, with expenses exceeding revenue. The organization holds $1 in liabilities against $419K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $419K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $45K | $419K | $1 | — | — |
| 2022 | $10K | $42K | $433K | $1 | — | View 990 |
| 2021 | $5K | $61K | $464K | $1 | — | — |
| 2020 | $311K | $47K | $725K | $1 | — | — |
| 2019 | $2K | $71K | $405K | $1 | — | — |
| 2015 | $107K | $122K | $436K | $0 | — | View 990 |
| 2014 | $339K | $325K | $451K | $0 | — | View 990 |
| 2013 | $330K | $212K | $437K | $0 | — | View 990 |
| 2012 | $320K | $106K | $319K | $0 | — | View 990 |
| 2011 | $185K | $88K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $45K, and assets of $419K (revenue -47.9% year-over-year).
- 2022: Revenue of $10K, expenses of $42K, and assets of $433K (revenue +116.9% year-over-year).
- 2021: Revenue of $5K, expenses of $61K, and assets of $464K (revenue -98.5% year-over-year).
- 2020: Revenue of $311K, expenses of $47K, and assets of $725K (revenue +13301.0% year-over-year).
- 2019: Revenue of $2K, expenses of $71K, and assets of $405K (revenue -97.8% year-over-year).
- 2015: Revenue of $107K, expenses of $122K, and assets of $436K (revenue -68.3% year-over-year).
- 2014: Revenue of $339K, expenses of $325K, and assets of $451K (revenue +2.7% year-over-year).
- 2013: Revenue of $330K, expenses of $212K, and assets of $437K (revenue +3.2% year-over-year).
- 2012: Revenue of $320K, expenses of $106K, and assets of $319K (revenue +73.0% year-over-year).
- 2011: Revenue of $185K, expenses of $88K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paula And Van Jones Foundation:
Data Sources and Methodology
This transparency report for Paula And Van Jones 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.