Is Independent Council Of Jackson Hewitt Franchisees Inc Legit?
Quick charity verification for Independent Council Of Jackson Hewitt Franchisees Inc (EIN: 113491030)
Verdict: Independent Council Of Jackson Hewitt Franchisees Inc appears trustworthy
75/100Mission Score
$98KRevenue
$81KAssets
2Red Flags
3Strengths
Red Flags
Consistent expenses slightly exceeding revenue in recent years (e.g., 202304 expenses $66,968 vs. revenue $66,443), indicating tight operating margins.
Significant fluctuation in assets and liabilities in 201904 ($325,063 assets, $246,785 liabilities) without clear explanation in the provided data, suggesting potential financial volatility or specific project financing.
Strengths
No reported officer compensation across all 11 filings, indicating efficient use of funds directly for organizational activities.
Consistent IRS 990 filing history (11 filings), demonstrating good transparency and compliance.
Low liabilities in recent years ($5,354 in 202304), suggesting sound financial management of short-term obligations.
Spending Breakdown
How Independent Council Of Jackson Hewitt Franchisees Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Independent Council Of Jackson Hewitt Franchisees Inc
Is Independent Council Of Jackson Hewitt Franchisees Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Independent Council Of Jackson Hewitt Franchisees Inc (EIN: 113491030) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Independent Council Of Jackson Hewitt Franchisees Inc a good charity to donate to?
Independent Council Of Jackson Hewitt Franchisees Inc has a Mission Score of 75/100. Revenue: $98K. Assets: $81K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Independent Council Of Jackson Hewitt Franchisees Inc?
The Employer Identification Number (EIN) for Independent Council Of Jackson Hewitt Franchisees Inc is 113491030. 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 Independent Council Of Jackson Hewitt Franchisees Inc spend its money?
Independent Council Of Jackson Hewitt Franchisees Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Independent Council Of Jackson Hewitt Franchisees Inc's tax-exempt status?
You can verify Independent Council Of Jackson Hewitt Franchisees Inc's tax-exempt status using EIN 113491030 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 Independent Council Of Jackson Hewitt Franchisees Inc. demonstrates consistent financial activity, with recent revenues around $60,000-$70,000 and assets in a similar range. The organization has shown a pattern of expenses closely matching or slightly exceeding revenue in recent years, as seen in 202304 (Revenue $66,443, Expenses $66,968) and 202204 (Revenue $62,461, Expenses $69,693). This indicates a tight operating margin. A notable fluctuation occurred in 201804 with significantly higher revenue and expenses ($370,297 each), suggesting a specific event or change in operations that year, which was not sustained.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 11 filings available. The absence of reported officer compensation across all available filings is a positive indicator for resource allocation directly to the organization's activities rather than executive salaries. However, without a detailed breakdown of expenses beyond total figures, it's challenging to fully assess spending efficiency between program, administrative, and fundraising costs. The NTEE code S41 (Business & Professional Associations) suggests its primary function is to serve its members, which inherently defines its 'program' activities.