Quick charity verification for Howard Jackson Fam Tr Foundation (EIN: 206048361)
Verdict: Howard Jackson Fam Tr Foundation appears trustworthy
88/100Mission Score
$656KRevenue
$2.3MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin) in provided data
Expenses exceeded revenue in 2023 ($121,299 expenses vs. $94,347 revenue)
Strengths
Consistent zero officer compensation across all filings
Strong and stable asset base (currently $2,284,412)
Minimal liabilities ($1 across most filings)
Long history of IRS 990 filings (10 filings)
Generally positive net income over the long term, contributing to asset growth
Spending Breakdown
How Howard Jackson Fam Tr Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Howard Jackson Fam Tr Foundation
Is Howard Jackson Fam Tr Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Howard Jackson Fam Tr Foundation (EIN: 206048361) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
Is Howard Jackson Fam Tr Foundation a good charity to donate to?
Howard Jackson Fam Tr Foundation has a Mission Score of 88/100. Revenue: $656K. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Howard Jackson Fam Tr Foundation?
The Employer Identification Number (EIN) for Howard Jackson Fam Tr Foundation is 206048361. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Howard Jackson Fam Tr Foundation spend its money?
Howard Jackson Fam Tr Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Howard Jackson Fam Tr Foundation's tax-exempt status?
You can verify Howard Jackson Fam Tr Foundation's tax-exempt status using EIN 206048361 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Howard Jackson Fam Tr Foundation appears to be a private foundation, as indicated by its consistent revenue streams and asset base, with minimal liabilities. Over the past decade, the organization has maintained a stable asset base, fluctuating around $2.2 million to $2.4 million, with current assets at $2,284,412. Its latest reported revenue is $656,152, which is significantly higher than its typical annual revenues, suggesting a potential one-time large contribution or investment gain. Expenses have generally been well below revenue, allowing for asset growth, though in 2023, expenses ($121,299) exceeded revenue ($94,347).
The foundation demonstrates strong financial health with substantial assets relative to its annual expenses. A key aspect of its financial management is the complete absence of officer compensation reported across all available filings, which is a positive indicator for donor confidence as all funds are directed towards the foundation's mission. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The consistent low liabilities ($0 or $1) across all periods indicates excellent financial management and minimal debt burden.
Transparency is generally good given the availability of 990 filings. The lack of officer compensation is a strong point for transparency and efficiency. To further enhance transparency, a more detailed public breakdown of how expenses are categorized (program vs. administrative) would be beneficial for external analysis, especially given its NTEE code T22, which typically relates to private grantmaking foundations.