Is Jack Reese Foundation Inc Legit?

Quick charity verification for Jack Reese Foundation Inc (EIN: 201246104)

Verdict: Jack Reese Foundation Inc has notable concerns

30/100Mission Score
$0Revenue
$0Assets
4Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Jack Reese Foundation Inc allocates its funds across programs, administration, and fundraising.

0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
0%
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 Jack Reese Foundation Inc

Is Jack Reese Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Jack Reese Foundation Inc (EIN: 201246104) has notable concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.

Is Jack Reese Foundation Inc a good charity to donate to?

Jack Reese Foundation Inc has a Mission Score of 30/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Jack Reese Foundation Inc?

The Employer Identification Number (EIN) for Jack Reese Foundation Inc is 201246104. 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 Jack Reese Foundation Inc spend its money?

Jack Reese Foundation Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Jack Reese Foundation Inc's tax-exempt status?

You can verify Jack Reese Foundation Inc's tax-exempt status using EIN 201246104 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 Jack Reese Foundation Inc appears to be a very small organization with minimal financial activity. Over the past five years, its annual revenue has consistently been extremely low, ranging from $12 to $21. Expenses have also been low, between $290 and $474, consistently exceeding revenue. This indicates the organization is operating at a deficit each year, drawing down its assets. Its assets have steadily declined from $9,301 in 2011 to $7,992 in 2015, while liabilities have remained negligible at $1. The consistent deficit spending, albeit at a very small scale, suggests the organization is not financially self-sustaining based on its reported revenue. Given the extremely low revenue and expenses, the organization's financial health is precarious, as it relies on existing assets to cover its minimal operational costs. There is no information available to assess spending efficiency beyond the fact that expenses consistently outstrip revenue. The lack of significant financial activity makes a detailed analysis of program versus administrative spending difficult without more granular data. The consistent filing of IRS Form 990-EZ (implied by the small figures) demonstrates basic compliance with reporting requirements, indicating a level of transparency for an organization of its size. Overall, the Jack Reese Foundation Inc is a micro-organization with very limited financial resources and activity. Its long-term sustainability is questionable given the consistent operating deficits, though the absolute dollar amounts are so small that it may be a dormant or very niche entity. The declining asset base is a concern, even if the amounts are minor.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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