William O Lund Jr And Natalie C Lund Charitable Foundation
William O Lund Jr And Natalie C Lund Charitable Foundation maintains strong assets with zero officer compensation.
EIN: 202539936 · Minneapolis, MN · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $513K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $6,781,962 |
| Net Assets | $6.7M |
| Transparency Score | 90/100 |
Is William O Lund Jr And Natalie C Lund Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William O Lund Jr And Natalie C Lund Charitable Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William O Lund Jr And Natalie C Lund Charitable Foundation
William O Lund Jr And Natalie C Lund Charitable Foundation (EIN: 202539936) is a nonprofit organization based in Minneapolis, MN, classified under NTEE code T22. The organization reported total revenue of $1.4M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William O Lund Jr And Natalie C Lund Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William O Lund Jr And Natalie C Lund Charitable Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $401K |
| Total Expenses | $513K |
| Surplus / Deficit | $-112,827 |
| Total Assets | $6.7M |
| Total Liabilities | $1 |
| Net Assets | $6.7M |
| Operating Margin | -28.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 157.7 months |
Financial Health Grade: B
In 2023, William O Lund Jr And Natalie C Lund Charitable Foundation reported a deficit of $113K with expenses exceeding revenue, holds 157.7 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), William O Lund Jr And Natalie C Lund Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -75.1% | -8.8% | -1.6% |
| 2022 | +194.6% | +14.8% | +17.9% |
| 2021 | +111.5% | +5.0% | +1.0% |
| 2020 | -32.5% | +10.7% | -3.5% |
| 2019 | -4.7% | -19.6% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 William O Lund Jr And Natalie C Lund Charitable Foundation 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, William O Lund Jr And Natalie C Lund Charitable Foundation 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 deficit of $113K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation operates without paid officers, which is highly efficient for an organization of its asset size ($6,781,962).
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 William O Lund Jr And Natalie C Lund Charitable Foundation:
- Zero officer compensation across all reported periods, indicating high efficiency.
- Consistently low liabilities, often reported as $1, demonstrating strong financial stability.
- Substantial and stable asset base, currently $6,781,962, ensuring long-term sustainability.
- Consistent IRS 990 filing history (10 filings), showing commitment to transparency.
- Strong program focus implied by minimal overhead and significant asset base for a grantmaking foundation.
Frequently Asked Questions about William O Lund Jr And Natalie C Lund Charitable Foundation
Is William O Lund Jr And Natalie C Lund Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, William O Lund Jr And Natalie C Lund Charitable Foundation (EIN: 202539936) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does William O Lund Jr And Natalie C Lund Charitable Foundation spend its money?
William O Lund Jr And Natalie C Lund Charitable Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to William O Lund Jr And Natalie C Lund Charitable Foundation tax-deductible?
William O Lund Jr And Natalie C Lund Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 202539936). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the William O Lund Jr And Natalie C Lund Charitable Foundation CEO make?
William O Lund Jr And Natalie C Lund Charitable Foundation's highest-compensated officer earns $6,781,962 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does William O Lund Jr And Natalie C Lund Charitable Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), William O Lund Jr And Natalie C Lund Charitable 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 William O Lund Jr And Natalie C Lund Charitable Foundation located?
William O Lund Jr And Natalie C Lund Charitable Foundation is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 202539936. It is classified under NTEE code T22.
How many years of IRS 990 filings does William O Lund Jr And Natalie C Lund Charitable Foundation have?
William O Lund Jr And Natalie C Lund Charitable 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 $1.4M in total revenue.
Is the William O Lund Jr And Natalie C Lund Charitable Foundation a good charity?
Yes, based on the provided data, it appears to be a very good charity. It maintains substantial assets ($6,781,962), has consistently reported zero officer compensation, and has negligible liabilities, indicating strong financial health and efficient operations.
How does the foundation manage its administrative costs?
The foundation manages its administrative costs exceptionally well, primarily by not paying any officer compensation. This suggests that administrative functions are likely handled by volunteers or through very low-cost operational structures, leading to a high percentage of funds available for its charitable purpose.
What is the trend in the foundation's assets?
The foundation's assets have remained robust and relatively stable over the past decade, fluctuating between approximately $5.7 million and $7.8 million, with the latest reported assets at $6,744,998. This indicates a well-managed endowment.
Filing History
IRS 990 filing history for William O Lund Jr And Natalie C Lund Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), William O Lund Jr And Natalie C Lund Charitable Foundation's revenue has grown by 48.2%, moving from $270K to $401K. Total assets decreased by 14.3% over the same period, from $7.9M to $6.7M. Total functional expenses rose by 187.3%, from $179K to $513K. In its most recent filing year (2023), William O Lund Jr And Natalie C Lund Charitable Foundation reported a deficit of $113K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $401K | $513K | $6.7M | $1 | — | View 990 |
| 2022 | $1.6M | $563K | $6.9M | $1 | — | View 990 |
| 2021 | $545K | $490K | $5.8M | $1 | — | View 990 |
| 2020 | $258K | $467K | $5.8M | $1 | — | View 990 |
| 2019 | $382K | $422K | $6.0M | $1 | — | — |
| 2015 | $401K | $525K | $6.5M | $1 | — | View 990 |
| 2014 | $547K | $571K | $6.6M | $1 | — | View 990 |
| 2013 | $572K | $420K | $6.6M | $1 | — | View 990 |
| 2012 | $271K | $234K | $6.5M | $0 | — | View 990 |
| 2011 | $270K | $179K | $7.9M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $401K, expenses of $513K, and assets of $6.7M (revenue -75.1% year-over-year).
- 2022: Revenue of $1.6M, expenses of $563K, and assets of $6.9M (revenue +194.6% year-over-year).
- 2021: Revenue of $545K, expenses of $490K, and assets of $5.8M (revenue +111.5% year-over-year).
- 2020: Revenue of $258K, expenses of $467K, and assets of $5.8M (revenue -32.5% year-over-year).
- 2019: Revenue of $382K, expenses of $422K, and assets of $6.0M (revenue -4.7% year-over-year).
- 2015: Revenue of $401K, expenses of $525K, and assets of $6.5M (revenue -26.7% year-over-year).
- 2014: Revenue of $547K, expenses of $571K, and assets of $6.6M (revenue -4.5% year-over-year).
- 2013: Revenue of $572K, expenses of $420K, and assets of $6.6M (revenue +111.6% year-over-year).
- 2012: Revenue of $271K, expenses of $234K, and assets of $6.5M (revenue +0.1% year-over-year).
- 2011: Revenue of $270K, expenses of $179K, and assets of $7.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William O Lund Jr And Natalie C Lund Charitable Foundation:
Data Sources and Methodology
This transparency report for William O Lund Jr And Natalie C Lund Charitable 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.