Is Jaburg Family Foundation Inc Legit? —…

Quick charity verification for Jaburg Family Foundation Inc (EIN: 205433054)

Strengths

Consistent asset growth, indicating strong financial management (from $2,168,529 in 2019 to $3,411,530 in 2023).
Zero officer compensation, maximizing funds for charitable purposes.
Very low liabilities, demonstrating fiscal responsibility (often reported as $1).
Expenses consistently well below revenue, indicating efficient operations.
Long history of IRS 990 filings, showing commitment to transparency and compliance.

Spending Breakdown

How Jaburg Family Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Jaburg Family Foundation Inc

Is Jaburg Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Jaburg Family Foundation Inc (EIN: 205433054) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Jaburg Family Foundation Inc a good charity to donate to?

Jaburg Family Foundation Inc has a Mission Score of 95/100. Revenue: $507K. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Jaburg Family Foundation Inc?

The Employer Identification Number (EIN) for Jaburg Family Foundation Inc is 205433054. 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 Jaburg Family Foundation Inc spend its money?

Jaburg Family Foundation Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Jaburg Family Foundation Inc's tax-exempt status?

You can verify Jaburg Family Foundation Inc's tax-exempt status using EIN 205433054 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 Jaburg Family Foundation Inc. demonstrates strong financial health and efficiency, particularly in its program spending. Over the past five years, the organization has consistently maintained low expense ratios relative to its revenue, indicating effective management of resources. For instance, in 2023, expenses were $160,120 against revenues of $431,504, and in 2022, expenses were $163,707 against revenues of $614,371. The foundation's assets have also shown consistent growth, increasing from $2,168,529 in 2019 to $3,411,530 in 2023, suggesting sound financial stewardship and investment. The consistent reporting of zero officer compensation further enhances its transparency and commitment to directing funds towards its mission.

The organization's spending efficiency is commendable, with a significant portion of its expenditures likely directed towards programmatic activities, given the absence of reported officer compensation and minimal liabilities. The financial filings consistently show very low liabilities, often just $1, which is a strong indicator of fiscal responsibility and minimal debt burden. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall low expense figures relative to revenue suggest a lean operational structure. The consistent filing of IRS Form 990s over a decade also points to a commitment to regulatory compliance and transparency.

Overall, the Jaburg Family Foundation Inc. appears to be a well-managed and financially sound organization. Its consistent asset growth, low liabilities, and absence of officer compensation contribute to a positive assessment of its financial health and transparency. The foundation's ability to maintain a healthy balance between revenue and expenses, while growing its asset base, positions it well for sustained impact in its philanthropic endeavors.

Is Jaburg Family Foundation Inc Legit?

Verdict: Jaburg Family Foundation Inc appears trustworthy

Red Flags