The@Duane And Lynda Jergenson Family Foundation
EIN: 411974230 · Minneapolis, MN · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $147K |
| Total Expenses | $46K |
| Net Assets | $120K |
Is The@Duane And Lynda Jergenson Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The@Duane And Lynda Jergenson Family Foundation
The@Duane And Lynda Jergenson Family Foundation (EIN: 411974230) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code T22. The organization reported total revenue of $147K and total assets of $177K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The@Duane And Lynda Jergenson Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The@Duane And Lynda Jergenson Family Foundation is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4K |
| Total Expenses | $46K |
| Surplus / Deficit | $-42,607 |
| Total Assets | $120K |
| Total Liabilities | $1 |
| Net Assets | $120K |
| Operating Margin | -1108.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 31.0 months |
Financial Health Grade: B
In 2023, The@Duane And Lynda Jergenson Family Foundation reported a deficit of $43K with expenses exceeding revenue, holds 31.0 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), The@Duane And Lynda Jergenson Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +103.0% | +3278.2% | -26.2% |
| 2022 | +24.4% | -97.3% | +0.3% |
| 2021 | -92.5% | +92.2% | -23.1% |
| 2020 | -4.2% | +62.5% | -2.7% |
| 2019 | +106.9% | +133.3% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The@Duane And Lynda Jergenson Family 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 The@Duane And Lynda Jergenson Family 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $43K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The@Duane And Lynda Jergenson Family Foundation
Is The@Duane And Lynda Jergenson Family Foundation a legitimate charity?
The@Duane And Lynda Jergenson Family Foundation (EIN: 411974230) is a registered tax-exempt nonprofit based in Minnesota. It has 10 years of IRS 990 filings on record. Total revenue: $147K. No red flags identified. Financial health grade: B.
How does The@Duane And Lynda Jergenson Family Foundation spend its money?
The@Duane And Lynda Jergenson Family Foundation reported $147K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The@Duane And Lynda Jergenson Family Foundation tax-deductible?
The@Duane And Lynda Jergenson Family Foundation is registered as a tax-exempt nonprofit (EIN: 411974230). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The@Duane And Lynda Jergenson Family Foundation located?
The@Duane And Lynda Jergenson Family Foundation is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 411974230. It is classified under NTEE code T22.
How many years of IRS 990 filings does The@Duane And Lynda Jergenson Family Foundation have?
The@Duane And Lynda Jergenson Family 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 $147K in total revenue.
Filing History
IRS 990 filing history for The@Duane And Lynda Jergenson Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The@Duane And Lynda Jergenson Family Foundation's revenue has declined by 33.6%, moving from $6K to $4K. Total assets decreased by 37.1% over the same period, from $191K to $120K. Total functional expenses rose by 844.9%, from $5K to $46K. In its most recent filing year (2023), The@Duane And Lynda Jergenson Family Foundation reported a deficit of $43K, with expenses exceeding revenue. The organization holds $1 in liabilities against $120K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $120K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $46K | $120K | $1 | — | View 990 |
| 2022 | $2K | $1K | $163K | $1 | — | View 990 |
| 2021 | $2K | $50K | $162K | $1 | — | View 990 |
| 2020 | $20K | $26K | $211K | $1 | — | — |
| 2019 | $21K | $16K | $217K | $1 | — | View 990 |
| 2015 | $10K | $7K | $196K | $1 | — | View 990 |
| 2014 | $8K | $7K | $192K | $1 | — | View 990 |
| 2013 | $5K | $5K | $191K | $1 | — | View 990 |
| 2012 | $5K | $5K | $191K | $1 | — | View 990 |
| 2011 | $6K | $5K | $191K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $46K, and assets of $120K (revenue +103.0% year-over-year).
- 2022: Revenue of $2K, expenses of $1K, and assets of $163K (revenue +24.4% year-over-year).
- 2021: Revenue of $2K, expenses of $50K, and assets of $162K (revenue -92.5% year-over-year).
- 2020: Revenue of $20K, expenses of $26K, and assets of $211K (revenue -4.2% year-over-year).
- 2019: Revenue of $21K, expenses of $16K, and assets of $217K (revenue +106.9% year-over-year).
- 2015: Revenue of $10K, expenses of $7K, and assets of $196K (revenue +31.0% year-over-year).
- 2014: Revenue of $8K, expenses of $7K, and assets of $192K (revenue +46.0% year-over-year).
- 2013: Revenue of $5K, expenses of $5K, and assets of $191K (revenue -2.3% year-over-year).
- 2012: Revenue of $5K, expenses of $5K, and assets of $191K (revenue -5.7% year-over-year).
- 2011: Revenue of $6K, expenses of $5K, and assets of $191K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The@Duane And Lynda Jergenson Family Foundation:
Data Sources and Methodology
This transparency report for The@Duane And Lynda Jergenson Family 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.