Is Jackson Emc Foundation Inc Legit?

Quick charity verification for Jackson Emc Foundation Inc (EIN: 203423847)

Verdict: Jackson Emc Foundation Inc appears trustworthy

90/100Mission Score
$1.3MRevenue
$371KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Jackson Emc Foundation Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $1.1 million to $1.3 million over the past decade. The organization's assets have fluctuated, most recently reported at $332,723 in 2024, which is modest relative to its annual revenue. A notable aspect of its financial health is the consistent reporting of zero liabilities across all available filings, indicating a strong balance sheet free of debt. The organization appears to be highly efficient in its spending, as evidenced by the 0% officer compensation reported in all filings. This suggests that administrative costs related to executive salaries are non-existent, allowing a greater proportion of funds to be directed towards its programs. While specific program spending ratios are not detailed in the provided data, the absence of executive compensation is a strong indicator of operational efficiency. Transparency is excellent given the consistent filing of IRS Form 990s and the clear reporting of key financial metrics. The consistent zero liability and zero officer compensation figures across multiple years enhance confidence in the organization's financial practices. The NTEE code P12 (Community Foundations) suggests a focus on grant-making or community support, and the financial data supports an organization that manages its funds responsibly without significant overhead.

View Full Transparency Report →

Disclaimer

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

Related Pages