Yerneni Foundation Inc
Yerneni Foundation operates with minimal revenue and expenses, showing limited financial activity.
EIN: 203709944 · Bogalusa, LA · NTEE: T22 · Updated: 2026-03-28
Is Yerneni Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Yerneni Foundation Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Yerneni Foundation Inc
Yerneni Foundation Inc (EIN: 203709944) is a nonprofit organization based in Bogalusa, LA, classified under NTEE code T22. The organization reported total revenue of $20 and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yerneni Foundation Inc'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 Yerneni Foundation Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Yerneni Foundation Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, indicating that no funds are being used for executive salaries, which is a positive sign for a small foundation.
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 Yerneni Foundation Inc's IRS 990 filings:
- Extremely low and inconsistent revenue, indicating limited operational capacity.
- Lack of significant expenses in most years, raising questions about active programmatic work.
- Assets have decreased from $5,990 in 2011 to $1,915 currently, suggesting a decline in financial base.
Strengths
The following positive indicators were identified for Yerneni Foundation Inc:
- Consistent filing of IRS 990 forms, demonstrating transparency.
- Zero officer compensation reported across all years, indicating no funds are used for executive salaries.
- Very low liabilities ($1 consistently), showing financial stability in terms of debt.
Frequently Asked Questions about Yerneni Foundation Inc
Is Yerneni Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Yerneni Foundation Inc (EIN: 203709944) significant concerns. Mission Score: 40/100. 3 red flags identified, 3 strengths noted.
How does Yerneni Foundation Inc spend its money?
Yerneni Foundation Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Yerneni Foundation Inc tax-deductible?
Yerneni Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203709944). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific programs or activities the Yerneni Foundation Inc. supports?
The provided IRS 990 data does not detail specific programs or activities. Given the minimal revenue and expenses, any programmatic activity would likely be very limited in scope.
Why does the organization report such low revenue and expenses in most years?
The consistent reporting of extremely low revenue and expenses (often $1 or $0) suggests the organization may be largely inactive or operating on a very small, ad-hoc basis, rather than running continuous, significant programs.
What is the purpose of the Yerneni Foundation Inc. given its NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations)?
As a grantmaking foundation, its purpose would typically be to provide grants to other organizations or individuals. However, the financial data does not show significant grantmaking activity, implying its grantmaking is either very infrequent or extremely small in scale.
Filing History
IRS 990 filing history for Yerneni Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Yerneni Foundation Inc's revenue has grown by 0%, moving from $1 to $1. Total assets decreased by 68.4% over the same period, from $6K to $2K. Total functional expenses fell by 100%, from $2K to $0. The organization holds $1 in liabilities against $2K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $0 | $2K | $1 | — | — |
| 2022 | $200 | $0 | $2K | $1 | — | View 990 |
| 2021 | $21 | $0 | $2K | $1 | — | — |
| 2020 | $1 | $0 | $2K | $1 | — | — |
| 2019 | $3K | $2K | $2K | $1 | — | — |
| 2015 | $500 | $2K | $2K | $1 | — | View 990 |
| 2014 | $3K | $2K | $4K | $1 | — | View 990 |
| 2013 | $2K | $2K | $3K | $1 | — | View 990 |
| 2012 | $1 | $3K | $3K | $1 | — | View 990 |
| 2011 | $1 | $2K | $6K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $0, and assets of $2K (revenue -99.5% year-over-year).
- 2022: Revenue of $200, expenses of $0, and assets of $2K (revenue +852.4% year-over-year).
- 2021: Revenue of $21, expenses of $0, and assets of $2K (revenue +2000.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $2K (revenue -100.0% year-over-year).
- 2019: Revenue of $3K, expenses of $2K, and assets of $2K (revenue +400.0% year-over-year).
- 2015: Revenue of $500, expenses of $2K, and assets of $2K (revenue -83.3% year-over-year).
- 2014: Revenue of $3K, expenses of $2K, and assets of $4K (revenue +50.0% year-over-year).
- 2013: Revenue of $2K, expenses of $2K, and assets of $3K (revenue +199900.0% year-over-year).
- 2012: Revenue of $1, expenses of $3K, and assets of $3K (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $2K, and assets of $6K.
Data Sources and Methodology
This transparency report for Yerneni Foundation Inc 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.