R E and Joan S Allen Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
R E and Joan S Allen Foundation Inc is a 501(c)(3) organization based in Chattanooga, Tennessee, registered in 1992, with $104,864 in FY2024 revenue. CharityIndex grades it F.
1209 Pointe Centre Dr Ste 101, Chattanooga, TN, 37421 EIN 65-0225533 Since 1992
Revenue (FY2024)
$105K
▼ 41.6% vs prior year
Expenses (FY2024)
$159K
Net assets
$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for R E and Joan S Allen Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating132 mo reserves · -52% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For R E and Joan S Allen Foundation Inc: 132 mo reserves · -52% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for R E and Joan S Allen Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For R E and Joan S Allen Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1209 Pointe Centre Dr Ste 101, Chattanooga, TN, 37421
- City
- Chattanooga
- State
- Tennessee
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $77K (FY2013) to $105K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.7M
Operating margin
-51.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $104,864▼41.6% | $159,239▼1.7% | $1,748,618▼2.7% | $1,748,618▼2.7% | 990PF |
| 2023 | $179,699▼17.6% | $161,958▲1.0% | $1,797,493▲1.1% | $1,797,493▲1.1% | 990PF |
| 2022 | $218,122▲124% | $160,421▲0.4% | $1,777,752▲3.4% | $1,777,752▲3.4% | 990PF |
| 2021 | $97,426▼24.0% | $159,846▼28.6% | $1,720,051▲10.6% | $1,720,051▲10.6% | 990PF |
| 2020 | $128,119▼88.8% | $223,726▲123% | $1,554,850▼15.5% | $1,554,850▼15.5% | 990PF |
| 2019 | $1,139,928▲1504% | $100,408▼17.3% | $1,839,227▲125% | $1,839,227▲125% | 990PF |
| 2018 | $71,046▼2.1% | $121,372▲31.9% | $816,575▼6.7% | $816,575▼6.7% | 990PF |
| 2017 | $72,568▲37.0% | $91,987▲2.5% | $874,913▼2.2% | $874,913▼2.2% | 990PF |
| 2016 | $52,977▼29.4% | $89,785▲0.3% | $894,332▼4.0% | $894,332▼4.0% | 990PF |
| 2015 | $75,019▲4.2% | $89,482▲7.0% | $931,140▼1.5% | $931,140▼1.5% | 990PF |
| 2014 | $71,991▼6.3% | $83,664▲22.6% | $945,603▼1.2% | $945,603▼1.2% | 990PF |
| 2013 | $76,802 | $68,236▼6.4% | $957,276▲0.9% | $957,276▲0.9% | 990PF |
| 2012 | — | $72,902▼2.6% | $948,710▼0.2% | $948,710▼0.2% | 990PF |
| 2011 | — | $74,884▲11.9% | $950,905▲0.1% | $950,905▲0.1% | 990PF |
| 2010 | — | $66,897 | $950,063 | $950,063 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is R E and Joan S Allen Foundation Inc a legitimate nonprofit?
- Yes. R E and Joan S Allen Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 65-0225533, based in Chattanooga, Tennessee. Donations are tax-deductible.
- What is R E and Joan S Allen Foundation Inc's EIN?
- R E and Joan S Allen Foundation Inc's Employer Identification Number (EIN) is 65-0225533.
- How much revenue does R E and Joan S Allen Foundation Inc report?
- R E and Joan S Allen Foundation Inc reported $104,864 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does R E and Joan S Allen Foundation Inc have?
- CharityIndex grades R E and Joan S Allen Foundation Inc F, based on financial health (reserves and operating margin).
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Data for R E and Joan S Allen Foundation Inc (EIN 65-0225533) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.