Quick charity verification for Jazz Foundation Of America Inc (EIN: 133631523)
Verdict: Jazz Foundation Of America Inc appears trustworthy
90/100Mission Score
$54.1MRevenue
$72.6MAssets
1Red Flags
4Strengths
Red Flags
Significant year-over-year revenue volatility, making future income less predictable.
Strengths
Consistent 0% officer compensation, indicating high dedication to mission.
Strong asset growth, with assets reaching $72,589,739, providing financial stability.
Demonstrates ability to attract significant funding in certain periods (e.g., $24M in 2020).
Low liabilities relative to assets, indicating good financial management.
Spending Breakdown
How Jazz Foundation Of America 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
5%
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 Jazz Foundation Of America Inc
Is Jazz Foundation Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jazz Foundation Of America Inc (EIN: 133631523) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Jazz Foundation Of America Inc a good charity to donate to?
Jazz Foundation Of America Inc has a Mission Score of 90/100. Revenue: $54.1M. Assets: $72.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jazz Foundation Of America Inc?
The Employer Identification Number (EIN) for Jazz Foundation Of America Inc is 133631523. 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 Jazz Foundation Of America Inc spend its money?
Jazz Foundation Of America Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jazz Foundation Of America Inc's tax-exempt status?
You can verify Jazz Foundation Of America Inc's tax-exempt status using EIN 133631523 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 Jazz Foundation Of America Inc (JFA) demonstrates a fluctuating but generally strong financial position, with significant revenue spikes in certain years, notably $24,040,889 in 2020 and $13,767,751 in 2017. While the latest reported revenue for 2023 was $965,667, this is a substantial decrease from the previous year's $3,124,660 and significantly lower than its peak. Despite these fluctuations, the organization has consistently maintained healthy asset levels, reaching $72,589,739 in total assets, indicating good financial stewardship and reserves. The JFA's spending efficiency appears to be robust, with expenses generally well-managed relative to its program delivery. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice suggests a high degree of financial integrity and donor trust.