Thomas J Beatson Jr Foundation Inc
Thomas J Beatson Jr Foundation Inc maintains substantial assets and reports no officer compensation, focusing resources on its mission.
EIN: 208112510 · Mesa, AZ · NTEE: T20 · Updated: 2026-03-28
Is Thomas J Beatson Jr Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thomas J Beatson Jr Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thomas J Beatson Jr Foundation Inc
Thomas J Beatson Jr Foundation Inc (EIN: 208112510) is a nonprofit organization based in Mesa, AZ, classified under NTEE code T20. The organization reported total revenue of $20.6M and total assets of $41.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas J Beatson Jr Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thomas J Beatson Jr Foundation Inc is a large nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 45.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$156K |
| Total Assets | $42.6M |
| Total Liabilities | $1 |
| Net Assets | $42.6M |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 203.2 months |
Financial Health Grade: A
In 2023, Thomas J Beatson Jr Foundation Inc reported a surplus of $156K with revenue exceeding expenses, holds 203.2 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), Thomas J Beatson Jr Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 45.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.2% | -26.5% | +0.4% |
| 2022 | -28.0% | -31.4% | -2.0% |
| 2021 | +116.9% | +59.4% | -3.3% |
| 2020 | -27.8% | +45.0% | -3.2% |
| 2019 | +9609.5% | +611.1% | +13285.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Thomas J Beatson Jr Foundation Inc with a Mission Score of 90 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, Thomas J Beatson Jr Foundation Inc 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 surplus of $156K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all provided filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization with assets exceeding $40 million.
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 Thomas J Beatson Jr Foundation Inc's IRS 990 filings:
- Unusually low liabilities ($1) across multiple years, which may warrant further scrutiny of accounting practices.
- Significant fluctuation between 'Latest Revenue' ($20,621,420) and recent annual revenues (e.g., $2,672,882 in 202312) without immediate explanation.
Strengths
The following positive indicators were identified for Thomas J Beatson Jr Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
- Substantial and stable asset base, exceeding $40 million in recent years, providing financial security.
- Minimal liabilities, suggesting a very low financial risk profile.
- Consistent IRS 990 filing history, demonstrating good transparency and compliance.
Frequently Asked Questions about Thomas J Beatson Jr Foundation Inc
Is Thomas J Beatson Jr Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Thomas J Beatson Jr Foundation Inc (EIN: 208112510) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Thomas J Beatson Jr Foundation Inc spend its money?
Thomas J Beatson Jr Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Thomas J Beatson Jr Foundation Inc tax-deductible?
Thomas J Beatson Jr Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208112510). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Thomas J Beatson Jr Foundation Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the foundation may be entirely volunteer-run at the executive level, or that executive services are provided pro bono, or compensated through other means not categorized as 'officer compensation' on the 990.
What is the nature of the 'Latest Revenue' of $20,621,420, given recent annual revenues are significantly lower?
The 'Latest Revenue' figure is substantially higher than the annual revenues reported in the filing history (e.g., $2,672,882 in 202312). This discrepancy suggests a potential large one-time donation, investment gain, or a different reporting period for the 'Latest Revenue' figure, which would require further investigation of the specific filing it pertains to.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided data indicates overall expenses, a detailed breakdown of how these expenses are allocated among programs, administration, and fundraising is not available in the summary. However, the absence of officer compensation strongly suggests a high program spending ratio.
Filing History
IRS 990 filing history for Thomas J Beatson Jr Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Thomas J Beatson Jr Foundation Inc's revenue has grown by 9105.7%, moving from $29K to $2.7M. Total assets increased by 7647.7% over the same period, from $550K to $42.6M. Total functional expenses rose by 1870%, from $128K to $2.5M. In its most recent filing year (2023), Thomas J Beatson Jr Foundation Inc reported a surplus of $156K, with revenue exceeding expenses. The organization holds $1 in liabilities against $42.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $42.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.5M | $42.6M | $1 | — | View 990 |
| 2022 | $2.5M | $3.4M | $42.5M | $1 | — | View 990 |
| 2021 | $3.5M | $5.0M | $43.3M | $1 | — | View 990 |
| 2020 | $1.6M | $3.1M | $44.8M | $1 | — | View 990 |
| 2019 | $2.3M | $2.2M | $46.3M | $1 | — | View 990 |
| 2015 | $23K | $304K | $346K | $0 | — | View 990 |
| 2014 | $24K | $2K | $626K | $0 | — | View 990 |
| 2013 | $33K | $5K | $604K | $0 | — | View 990 |
| 2012 | $29K | $3K | $576K | $0 | — | View 990 |
| 2011 | $29K | $128K | $550K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.5M, and assets of $42.6M (revenue +5.2% year-over-year).
- 2022: Revenue of $2.5M, expenses of $3.4M, and assets of $42.5M (revenue -28.0% year-over-year).
- 2021: Revenue of $3.5M, expenses of $5.0M, and assets of $43.3M (revenue +116.9% year-over-year).
- 2020: Revenue of $1.6M, expenses of $3.1M, and assets of $44.8M (revenue -27.8% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.2M, and assets of $46.3M (revenue +9609.5% year-over-year).
- 2015: Revenue of $23K, expenses of $304K, and assets of $346K (revenue -4.9% year-over-year).
- 2014: Revenue of $24K, expenses of $2K, and assets of $626K (revenue -26.5% year-over-year).
- 2013: Revenue of $33K, expenses of $5K, and assets of $604K (revenue +15.3% year-over-year).
- 2012: Revenue of $29K, expenses of $3K, and assets of $576K (revenue -0.9% year-over-year).
- 2011: Revenue of $29K, expenses of $128K, and assets of $550K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thomas J Beatson Jr Foundation Inc:
Data Sources and Methodology
This transparency report for Thomas J Beatson Jr Foundation Inc 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.