Violet M Johnson Family Foundation
Violet M Johnson Family Foundation shows strong asset growth and zero officer compensation amidst volatile revenue.
EIN: 200128534 · Chicago, IL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $1.7M |
| Program Spending | 90% |
| Net Assets | $5.8M |
| Transparency Score | 88/100 |
Is Violet M Johnson Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Violet M Johnson Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Violet M Johnson Family Foundation
Violet M Johnson Family Foundation (EIN: 200128534) is a nonprofit organization based in Chicago, IL, classified under NTEE code T22. The organization reported total revenue of $3.1M and total assets of $5.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Violet M Johnson Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Violet M Johnson Family Foundation is a mid-size nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $969K |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-713,023 |
| Total Assets | $5.8M |
| Total Liabilities | $1 |
| Net Assets | $5.8M |
| Operating Margin | -73.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 41.4 months |
Financial Health Grade: B
In 2024, Violet M Johnson Family Foundation reported a deficit of $713K with expenses exceeding revenue, holds 41.4 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 (2012–2024), Violet M Johnson Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -85.7% | -14.3% | -10.6% |
| 2023 | +156.3% | +13.7% | +282.1% |
| 2022 | +256.6% | +55.4% | +115.6% |
| 2021 | -68.4% | -25.0% | -32.0% |
| 2020 | +34.4% | +39.4% | +1.9% |
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 Violet M Johnson Family Foundation with a Mission Score of 88 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Violet M Johnson Family Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $713K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation.
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 Violet M Johnson Family Foundation's IRS 990 filings:
- Highly volatile annual revenue, making future income less predictable.
Strengths
The following positive indicators were identified for Violet M Johnson Family Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds.
- Significant growth in assets over time, reaching $5,808,388 in 2024.
- Extremely low liabilities ($0 or $1) across all filings, demonstrating strong financial health.
- Strong NTEE code (T22 - Philanthropy, Voluntarism, and Grantmaking Foundations) aligns with mission.
Frequently Asked Questions about Violet M Johnson Family Foundation
Is Violet M Johnson Family Foundation a legitimate charity?
Violet M Johnson Family Foundation (EIN: 200128534) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 88/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.1M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Violet M Johnson Family Foundation spend its money?
Violet M Johnson Family Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Violet M Johnson Family Foundation tax-deductible?
Violet M Johnson Family Foundation is registered as a tax-exempt nonprofit (EIN: 200128534). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Violet M Johnson Family Foundation's spending goes to programs?
Violet M Johnson Family Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Violet M Johnson Family Foundation compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Violet M Johnson Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Violet M Johnson Family Foundation located?
Violet M Johnson Family Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 200128534. It is classified under NTEE code T22.
How many years of IRS 990 filings does Violet M Johnson Family Foundation have?
Violet M Johnson 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 $3.1M in total revenue.
Is the Violet M Johnson Family Foundation financially stable?
Yes, the foundation appears financially stable, consistently reporting minimal liabilities ($0 or $1) and demonstrating significant asset growth, reaching $5,808,388 in 2024, despite fluctuating annual revenues.
How does the foundation manage executive compensation?
The foundation reports 0% officer compensation in all available filings, suggesting a highly efficient and volunteer-driven executive structure, which is a strong positive for donors.
What is the trend in the foundation's assets?
The foundation's assets have shown substantial growth, particularly from $1,700,241 in 2022 to $6,495,951 in 2023, before a slight decrease to $5,808,388 in 2024, indicating a strong accumulation of resources over time.
Are there any concerns regarding the foundation's liabilities?
No, the foundation consistently reports extremely low liabilities ($0 or $1) across all filings, indicating excellent financial health and minimal debt.
How consistent is the foundation's revenue?
The foundation's revenue is highly inconsistent, ranging from $320,162 in 2012 to $6,757,755 in 2023, which could indicate reliance on large, infrequent donations or a less predictable funding model.
Filing History
IRS 990 filing history for Violet M Johnson Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Violet M Johnson Family Foundation's revenue has grown by 202.7%, moving from $320K to $969K. Total assets increased by 1041.8% over the same period, from $509K to $5.8M. Total functional expenses rose by 149.5%, from $674K to $1.7M. In its most recent filing year (2024), Violet M Johnson Family Foundation reported a deficit of $713K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $969K | $1.7M | $5.8M | $1 | — | View 990 |
| 2023 | $6.8M | $2.0M | $6.5M | $1 | — | View 990 |
| 2022 | $2.6M | $1.7M | $1.7M | $1 | — | View 990 |
| 2021 | $739K | $1.1M | $789K | $1 | — | View 990 |
| 2020 | $2.3M | $1.5M | $1.2M | $1 | — | — |
| 2016 | $1.7M | $1.1M | $1.1M | $0 | — | View 990 |
| 2015 | $379K | $1.0M | $461K | $0 | — | View 990 |
| 2014 | $1.1M | $778K | $1.1M | $0 | — | View 990 |
| 2013 | $907K | $637K | $779K | $0 | — | View 990 |
| 2012 | $320K | $674K | $509K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $969K, expenses of $1.7M, and assets of $5.8M (revenue -85.7% year-over-year).
- 2023: Revenue of $6.8M, expenses of $2.0M, and assets of $6.5M (revenue +156.3% year-over-year).
- 2022: Revenue of $2.6M, expenses of $1.7M, and assets of $1.7M (revenue +256.6% year-over-year).
- 2021: Revenue of $739K, expenses of $1.1M, and assets of $789K (revenue -68.4% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.5M, and assets of $1.2M (revenue +34.4% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.1M, and assets of $1.1M (revenue +358.8% year-over-year).
- 2015: Revenue of $379K, expenses of $1.0M, and assets of $461K (revenue -66.2% year-over-year).
- 2014: Revenue of $1.1M, expenses of $778K, and assets of $1.1M (revenue +23.7% year-over-year).
- 2013: Revenue of $907K, expenses of $637K, and assets of $779K (revenue +183.4% year-over-year).
- 2012: Revenue of $320K, expenses of $674K, and assets of $509K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Violet M Johnson Family Foundation:
Data Sources and Methodology
This transparency report for Violet M Johnson 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.