Quick charity verification for Jmm Charitable Foundation Inc (EIN: 204679694)
Verdict: Jmm Charitable Foundation Inc appears trustworthy
85/100Mission Score
$17.1MRevenue
$320.6MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering full spending efficiency analysis.
Strengths
Exceptional asset growth, from $13.5M in 2011 to over $313M in 2023, demonstrating strong financial management and investment.
Consistent reporting of 0% officer compensation, indicating efficient use of funds and dedication to mission.
Significant revenue generation, with recent periods showing tens of millions in income, suggesting strong donor confidence.
Low liabilities relative to assets, indicating a stable financial position (e.g., $8.2M liabilities vs. $313.4M assets in 2023).
Spending Breakdown
How Jmm Charitable Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Jmm Charitable Foundation Inc
Is Jmm Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jmm Charitable Foundation Inc (EIN: 204679694) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Jmm Charitable Foundation Inc a good charity to donate to?
Jmm Charitable Foundation Inc has a Mission Score of 85/100. Revenue: $17.1M. Assets: $320.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jmm Charitable Foundation Inc?
The Employer Identification Number (EIN) for Jmm Charitable Foundation Inc is 204679694. 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 Jmm Charitable Foundation Inc spend its money?
Jmm Charitable Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jmm Charitable Foundation Inc's tax-exempt status?
You can verify Jmm Charitable Foundation Inc's tax-exempt status using EIN 204679694 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
Jmm Charitable Foundation Inc demonstrates robust financial health, particularly in recent years, with significant asset growth and substantial revenue. For example, assets grew from $43,592,731 in 2020 to $313,438,021 in 2023. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds and a commitment to directing resources towards its mission rather than executive salaries. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it is challenging to fully assess spending efficiency. The available data primarily shows total expenses, which have fluctuated significantly, from $587,831 in 2021 to $12,656,337 in 2023, making a precise efficiency analysis difficult. Transparency regarding the allocation of these expenses would enhance the overall assessment.