Todd & Jennifer Cusick Foundation
Todd & Jennifer Cusick Foundation shows highly variable revenue but consistent zero executive compensation.
EIN: 113650005 · Provo, UT · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $45K |
| Total Expenses | $45K |
| Program Spending | 90% |
| Net Assets | $13K |
| Transparency Score | 85/100 |
Is Todd & Jennifer Cusick Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Todd & Jennifer Cusick Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Todd & Jennifer Cusick Foundation
Todd & Jennifer Cusick Foundation (EIN: 113650005) is a nonprofit organization based in Provo, UT, classified under NTEE code T20. The organization reported total revenue of $45K and total assets of $30K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Todd & Jennifer Cusick Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Todd & Jennifer Cusick Foundation is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -22.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $45K |
| Surplus / Deficit | +$5K |
| Total Assets | $13K |
| Total Liabilities | $1 |
| Net Assets | $13K |
| Operating Margin | 9.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, Todd & Jennifer Cusick Foundation reported a surplus of $5K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Todd & Jennifer Cusick Foundation's revenue has declined at a compound annual growth rate (CAGR) of -22.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +150.0% | +48.1% | +64.5% |
| 2022 | +0.0% | +13.5% | -57.5% |
| 2021 | -97.8% | -96.9% | -27.3% |
| 2020 | +88999900.0% | +13288.0% | +137.5% |
| 2019 | -100.0% | -57.2% | -70.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Todd & Jennifer Cusick Foundation with a Mission Score of 85 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, Todd & Jennifer Cusick Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors receive salaries from the foundation, which is highly efficient for an organization of its size and financial activity.
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 Todd & Jennifer Cusick Foundation's IRS 990 filings:
- Highly inconsistent revenue and expense levels over time, making financial planning and impact assessment difficult.
- Modest asset base relative to past revenue peaks, suggesting funds are quickly disbursed rather than accumulated.
Strengths
The following positive indicators were identified for Todd & Jennifer Cusick Foundation:
- Consistent 0% officer compensation, indicating high efficiency in executive spending.
- Consistent filing of IRS Form 990s, demonstrating transparency and compliance.
- Minimal liabilities reported across all filings, indicating strong financial solvency.
- Positive net income in the most recent filing (202312), showing financial stability.
Frequently Asked Questions about Todd & Jennifer Cusick Foundation
Is Todd & Jennifer Cusick Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Todd & Jennifer Cusick Foundation (EIN: 113650005) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Todd & Jennifer Cusick Foundation spend its money?
Todd & Jennifer Cusick Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Todd & Jennifer Cusick Foundation tax-deductible?
Todd & Jennifer Cusick Foundation is registered as a tax-exempt nonprofit (EIN: 113650005). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Todd & Jennifer Cusick Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Todd & Jennifer Cusick Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Todd & Jennifer Cusick Foundation located?
Todd & Jennifer Cusick Foundation is headquartered in Provo, Utah and files with the IRS under EIN 113650005. It is classified under NTEE code T20.
How many years of IRS 990 filings does Todd & Jennifer Cusick Foundation have?
Todd & Jennifer Cusick 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 $45K in total revenue.
What specific programs or organizations does the Todd & Jennifer Cusick Foundation support with its grants?
The provided data, specifically the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), indicates the foundation primarily makes grants. However, the data does not specify the recipients or types of programs supported.
How does the foundation manage its operations with 0% officer compensation?
The consistent 0% officer compensation suggests that the foundation is likely run by volunteers or has its administrative functions absorbed by other entities, allowing all funds to be directed towards its mission.
What caused the significant fluctuations in revenue and expenses over the years, such as the drop from $1.1 million in 2011 to $1 in 2019?
The provided data does not offer reasons for these drastic fluctuations. This could be due to large, infrequent donations, specific project funding cycles, or changes in donor engagement.
Filing History
IRS 990 filing history for Todd & Jennifer Cusick Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Todd & Jennifer Cusick Foundation's revenue has declined by 95.5%, moving from $1.1M to $50K. Total assets decreased by 12.2% over the same period, from $14K to $13K. Total functional expenses fell by 95.9%, from $1.1M to $45K. In its most recent filing year (2023), Todd & Jennifer Cusick Foundation reported a surplus of $5K, with revenue exceeding expenses. The organization holds $1 in liabilities against $13K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $45K | $13K | $1 | — | — |
| 2022 | $20K | $30K | $8K | $1 | — | — |
| 2021 | $20K | $27K | $18K | $1 | — | View 990 |
| 2020 | $890K | $876K | $25K | $1 | — | — |
| 2019 | $1 | $7K | $10K | $1 | — | View 990 |
| 2015 | $50K | $15K | $35K | $1 | — | View 990 |
| 2014 | $76K | $74K | $689 | $1 | — | View 990 |
| 2013 | $45K | $59K | $1 | $1K | — | View 990 |
| 2012 | $240K | $241K | $13K | $1 | — | View 990 |
| 2011 | $1.1M | $1.1M | $14K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50K, expenses of $45K, and assets of $13K (revenue +150.0% year-over-year).
- 2022: Revenue of $20K, expenses of $30K, and assets of $8K (revenue +0.0% year-over-year).
- 2021: Revenue of $20K, expenses of $27K, and assets of $18K (revenue -97.8% year-over-year).
- 2020: Revenue of $890K, expenses of $876K, and assets of $25K (revenue +88999900.0% year-over-year).
- 2019: Revenue of $1, expenses of $7K, and assets of $10K (revenue -100.0% year-over-year).
- 2015: Revenue of $50K, expenses of $15K, and assets of $35K (revenue -33.9% year-over-year).
- 2014: Revenue of $76K, expenses of $74K, and assets of $689 (revenue +68.1% year-over-year).
- 2013: Revenue of $45K, expenses of $59K, and assets of $1 (revenue -81.2% year-over-year).
- 2012: Revenue of $240K, expenses of $241K, and assets of $13K (revenue -78.4% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Todd & Jennifer Cusick Foundation:
Data Sources and Methodology
This transparency report for Todd & Jennifer Cusick 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.