Walter Mark Jarman Family Foundation
Small family foundation maintains stable assets with no reported officer compensation.
EIN: 203968125 · Salt Lake Cty, UT · NTEE: T22 · Updated: 2026-03-28
Is Walter Mark Jarman Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Walter Mark Jarman Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Walter Mark Jarman Family Foundation
Walter Mark Jarman Family Foundation (EIN: 203968125) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code T22. The organization reported total revenue of $202K and total assets of $204K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walter Mark Jarman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Walter Mark Jarman Family 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, Walter Mark Jarman Family 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is a strong positive for a small foundation, ensuring that all available funds are directed towards its mission.
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.
Strengths
The following positive indicators were identified for Walter Mark Jarman Family Foundation:
- Consistent financial stability with assets always exceeding liabilities.
- No reported officer compensation, indicating efficient use of funds for mission.
- Regular IRS 990 filings demonstrate transparency.
- Low and stable expense levels, suggesting careful management of resources.
Frequently Asked Questions about Walter Mark Jarman Family Foundation
Is Walter Mark Jarman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Walter Mark Jarman Family Foundation (EIN: 203968125) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Walter Mark Jarman Family Foundation spend its money?
Walter Mark Jarman Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Walter Mark Jarman Family Foundation tax-deductible?
Walter Mark Jarman Family Foundation is registered as a tax-exempt nonprofit (EIN: 203968125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What specific programs or grants does the Walter Mark Jarman Family Foundation support?
The provided data does not detail specific programs or grant recipients. To understand its mission impact, one would need to review the full IRS Form 990, Schedule I (Grants and Other Assistance to Organizations, Governments, and Individuals).
How does the foundation generate its revenue?
The revenue figures fluctuate annually, ranging from $6,354 to $28,469 in most years, with a latest reported revenue of $201,859. This suggests a mix of investment income, contributions, or other forms of revenue typical for a private foundation. The significant jump in latest revenue warrants further investigation.
Is the foundation actively growing its assets or distributing funds?
The foundation's assets have remained relatively stable, hovering around $100,000 to $120,000 for most of the decade, with the latest reported assets at $204,206. This indicates a strategy of maintaining a principal while distributing a portion of its income, consistent with a private foundation's operational model.
Filing History
IRS 990 filing history for Walter Mark Jarman Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Walter Mark Jarman Family Foundation's revenue has grown by 12%, moving from $10K to $11K. Total assets increased by 16.2% over the same period, from $110K to $127K. Total functional expenses rose by 28.9%, from $12K to $15K. In its most recent filing year (2023), Walter Mark Jarman Family Foundation reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $127K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $127K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $11K | $15K | $127K | $1 | — | — |
| 2022 | $10K | $9K | $114K | $1 | — | — |
| 2021 | $28K | $21K | $113K | $1 | — | — |
| 2020 | $6K | $2K | $106K | $1 | — | — |
| 2019 | $14K | $15K | $101K | $1 | — | — |
| 2015 | $7K | $8K | $116K | $1 | — | View 990 |
| 2014 | $7K | $4K | $118K | $0 | — | View 990 |
| 2013 | $11K | $14K | $114K | $0 | — | View 990 |
| 2012 | $7K | $1K | $116K | $0 | — | View 990 |
| 2011 | $10K | $12K | $110K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11K, expenses of $15K, and assets of $127K (revenue +13.5% year-over-year).
- 2022: Revenue of $10K, expenses of $9K, and assets of $114K (revenue -65.8% year-over-year).
- 2021: Revenue of $28K, expenses of $21K, and assets of $113K (revenue +348.0% year-over-year).
- 2020: Revenue of $6K, expenses of $2K, and assets of $106K (revenue -54.5% year-over-year).
- 2019: Revenue of $14K, expenses of $15K, and assets of $101K (revenue +110.8% year-over-year).
- 2015: Revenue of $7K, expenses of $8K, and assets of $116K (revenue -10.1% year-over-year).
- 2014: Revenue of $7K, expenses of $4K, and assets of $118K (revenue -35.4% year-over-year).
- 2013: Revenue of $11K, expenses of $14K, and assets of $114K (revenue +53.7% year-over-year).
- 2012: Revenue of $7K, expenses of $1K, and assets of $116K (revenue -24.7% year-over-year).
- 2011: Revenue of $10K, expenses of $12K, and assets of $110K.
Data Sources and Methodology
This transparency report for Walter Mark Jarman 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.