Is J C Kennedy Foundation Inc Legit? —…

Strengths

Exceptional asset growth from $8.1M in 2011 to $85.7M in 2023, demonstrating strong financial management.
Consistently low liabilities, often reported as $1, indicating robust financial stability.
Zero reported officer compensation across all filings, highlighting fiscal responsibility and dedication to mission.
Consistent filing of IRS Form 990s over a decade, indicating good transparency practices.
Low overall expense ratio relative to revenue, suggesting efficient operations or a focus on endowment growth.

Spending Breakdown

How J C Kennedy Foundation Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 J C Kennedy Foundation Inc

Is J C Kennedy Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, J C Kennedy Foundation Inc (EIN: 200424251) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is J C Kennedy Foundation Inc a good charity to donate to?

J C Kennedy Foundation Inc has a Mission Score of 90/100. Revenue: $25.0M. Assets: $86.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for J C Kennedy Foundation Inc?

The Employer Identification Number (EIN) for J C Kennedy Foundation Inc is 200424251. 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 J C Kennedy Foundation Inc spend its money?

J C Kennedy Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify J C Kennedy Foundation Inc's tax-exempt status?

You can verify J C Kennedy Foundation Inc's tax-exempt status using EIN 200424251 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 J C Kennedy Foundation Inc demonstrates strong financial health, with its assets growing significantly from $8,175,111 in 2011 to $85,777,430 in 2023. The organization consistently reports minimal liabilities, often just $1, indicating a very stable financial position. Revenue has fluctuated, with a notable peak of $34,309,539 in 2022, but expenses have remained relatively low compared to revenue, suggesting efficient operations or a focus on endowment growth rather than immediate program spending. For instance, in 2023, revenue was $29,490,048 while expenses were only $5,021,106.

The foundation's spending efficiency appears high, as evidenced by the low expense ratios relative to revenue. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess the allocation of funds. The consistent reporting of 0% officer compensation is a positive indicator of fiscal responsibility and a potential strength in transparency regarding executive pay. The foundation's NTEE code T22 (Private Grantmaking Foundations) suggests its primary activity is making grants, which typically involves lower direct program expenses compared to direct service charities.

Transparency is generally good given the consistent filing of IRS Form 990s over a decade. The absence of officer compensation is a clear and positive disclosure. However, for a more complete picture of its impact and spending efficiency, a detailed breakdown of how the $5,021,106 in expenses (2023) is allocated across program services, management and general, and fundraising would be beneficial. The minimal liabilities also contribute to a perception of financial transparency and stability.

Is J C Kennedy Foundation Inc Legit?

Verdict: J C Kennedy Foundation Inc appears trustworthy

Red Flags