Verne G And Judith A Istock Foundation
EIN: 367362355 · Naples, FL · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $868K |
| Total Expenses | $571K |
| Net Assets | $306K |
Is Verne G And Judith A Istock Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Verne G And Judith A Istock Foundation
Verne G And Judith A Istock Foundation (EIN: 367362355) is a nonprofit organization based in Naples, FL, classified under NTEE code T22. The organization reported total revenue of $868K and total assets of $263K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Verne G And Judith A Istock Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Verne G And Judith A Istock Foundation is a small nonprofit that has been operating for 24 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 43.1%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $530K |
| Total Expenses | $571K |
| Surplus / Deficit | $-41,099 |
| Total Assets | $306K |
| Total Liabilities | $1 |
| Net Assets | $306K |
| Operating Margin | -7.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.4 months |
Financial Health Grade: B
In 2021, Verne G And Judith A Istock Foundation reported a deficit of $41K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Verne G And Judith A Istock Foundation's revenue has grown at a compound annual growth rate (CAGR) of 43.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +19.8% | -8.5% | -12.1% |
| 2020 | +1.5% | -9.9% | -34.3% |
| 2019 | +40.6% | +359.4% | -40.0% |
| 2015 | -42.5% | -54.5% | +3.7% |
| 2014 | +78.0% | -7.5% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Verne G And Judith A Istock 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 Verne G And Judith A Istock 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Verne G And Judith A Istock Foundation
Is Verne G And Judith A Istock Foundation a legitimate charity?
Verne G And Judith A Istock Foundation (EIN: 367362355) is a registered tax-exempt nonprofit based in Florida. It has 8 years of IRS 990 filings on record. Total revenue: $868K. No red flags identified. Financial health grade: B.
How does Verne G And Judith A Istock Foundation spend its money?
Verne G And Judith A Istock Foundation reported $868K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Verne G And Judith A Istock Foundation tax-deductible?
Verne G And Judith A Istock Foundation is registered as a tax-exempt nonprofit (EIN: 367362355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Verne G And Judith A Istock Foundation located?
Verne G And Judith A Istock Foundation is headquartered in Naples, Florida and files with the IRS under EIN 367362355. It is classified under NTEE code T22.
How many years of IRS 990 filings does Verne G And Judith A Istock Foundation have?
Verne G And Judith A Istock Foundation has 8 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 $868K in total revenue.
Filing History
IRS 990 filing history for Verne G And Judith A Istock Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Verne G And Judith A Istock Foundation's revenue has grown by 3504.5%, moving from $15K to $530K. Total assets decreased by 21.1% over the same period, from $387K to $306K. Total functional expenses rose by 311.3%, from $139K to $571K. In its most recent filing year (2021), Verne G And Judith A Istock Foundation reported a deficit of $41K, with expenses exceeding revenue. The organization holds $1 in liabilities against $306K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $306K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $530K | $571K | $306K | $1 | — | — |
| 2020 | $442K | $624K | $348K | $1 | — | — |
| 2019 | $436K | $693K | $530K | $0 | — | View 990 |
| 2015 | $310K | $151K | $884K | $0 | — | View 990 |
| 2014 | $539K | $331K | $852K | $0 | — | View 990 |
| 2013 | $303K | $358K | $859K | $0 | — | View 990 |
| 2012 | $1.1M | $241K | $1.1M | $0 | — | View 990 |
| 2011 | $15K | $139K | $387K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $530K, expenses of $571K, and assets of $306K (revenue +19.8% year-over-year).
- 2020: Revenue of $442K, expenses of $624K, and assets of $348K (revenue +1.5% year-over-year).
- 2019: Revenue of $436K, expenses of $693K, and assets of $530K (revenue +40.6% year-over-year).
- 2015: Revenue of $310K, expenses of $151K, and assets of $884K (revenue -42.5% year-over-year).
- 2014: Revenue of $539K, expenses of $331K, and assets of $852K (revenue +78.0% year-over-year).
- 2013: Revenue of $303K, expenses of $358K, and assets of $859K (revenue -71.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $241K, and assets of $1.1M (revenue +7137.6% year-over-year).
- 2011: Revenue of $15K, expenses of $139K, and assets of $387K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Verne G And Judith A Istock Foundation:
Data Sources and Methodology
This transparency report for Verne G And Judith A Istock 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.