Quick charity verification for Jackman Family Foundation (EIN: 204702478)
Verdict: Jackman Family Foundation appears trustworthy
90/100Mission Score
$923KRevenue
$3.2MAssets
1Red Flags
5Strengths
Red Flags
Significant expense-to-revenue disparity in 2020 ($1,784,250 expenses vs. $137,147 revenue) without further context on the nature of these expenses (e.g., large grant or investment loss).
Strengths
Consistent 0% officer compensation across all reported years.
Strong asset base, consistently over $2.3 million, indicating long-term sustainability.
Generally low expense ratios relative to assets in most years.
Clear and consistent IRS 990 filing history.
Spending Breakdown
How Jackman Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
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 Jackman Family Foundation
Is Jackman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jackman Family Foundation (EIN: 204702478) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Jackman Family Foundation a good charity to donate to?
Jackman Family Foundation has a Mission Score of 90/100. Revenue: $923K. Assets: $3.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jackman Family Foundation?
The Employer Identification Number (EIN) for Jackman Family Foundation is 204702478. 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 Jackman Family Foundation spend its money?
Jackman Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jackman Family Foundation's tax-exempt status?
You can verify Jackman Family Foundation's tax-exempt status using EIN 204702478 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 Jackman Family Foundation demonstrates consistent financial stability with assets generally increasing over the past decade, reaching $3,065,888 in 2023. The organization's revenue has fluctuated significantly, from a low of $99,297 in 2022 to a high of $1,146,983 in 2019, indicating reliance on variable funding sources. A notable outlier was 2020, where expenses ($1,784,250) vastly exceeded revenue ($137,147), leading to a substantial draw-down of assets. However, the foundation has since recovered, showing prudent management in subsequent years.
Spending efficiency appears strong, particularly given that officer compensation has consistently been reported as 0% across all available filings. This suggests that the foundation operates with minimal overhead in terms of executive salaries, allowing a greater proportion of funds to be directed towards its mission. The foundation's liabilities have consistently been reported as $1, indicating a very healthy balance sheet with virtually no debt.
Transparency is high, with consistent annual filings and clear reporting of key financial metrics. The absence of officer compensation is a significant positive indicator for donor confidence, demonstrating a commitment to directing resources to programmatic activities rather than administrative salaries. While the specific breakdown of program, administrative, and fundraising expenses isn't detailed in the provided data, the overall low expense ratios relative to assets in most years (e.g., $58,521 expenses on $3,065,888 assets in 2023) suggest efficient operations for a grant-making foundation.