Quick charity verification for Jockey Being Family Foundation Ltd (EIN: 203980156)
Verdict: Jockey Being Family Foundation Ltd appears trustworthy
92/100Mission Score
$1.5MRevenue
$5.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong and consistent revenue growth, from $269,720 in 2011 to $1,504,733 in 2023.
Significant asset accumulation, growing from $1,154,832 in 2011 to $5,824,697 in 2023.
Zero reported officer compensation across all filings, indicating efficient use of funds.
Minimal liabilities reported, often $0 or $1, reflecting excellent financial stability.
Consistent operating surpluses in recent years, such as $67,720 in 2023 ($1,504,733 revenue - $1,437,013 expenses).
Spending Breakdown
How Jockey Being Family Foundation Ltd allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Jockey Being Family Foundation Ltd
Is Jockey Being Family Foundation Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Jockey Being Family Foundation Ltd (EIN: 203980156) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Jockey Being Family Foundation Ltd a good charity to donate to?
Jockey Being Family Foundation Ltd has a Mission Score of 92/100. Revenue: $1.5M. Assets: $5.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jockey Being Family Foundation Ltd?
The Employer Identification Number (EIN) for Jockey Being Family Foundation Ltd is 203980156. 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 Jockey Being Family Foundation Ltd spend its money?
Jockey Being Family Foundation Ltd allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jockey Being Family Foundation Ltd's tax-exempt status?
You can verify Jockey Being Family Foundation Ltd's tax-exempt status using EIN 203980156 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
Jockey Being Family Foundation Ltd demonstrates strong financial health with consistent revenue growth and increasing assets over the past decade. In the latest filing (202312), the organization reported revenues of $1,504,733 against expenses of $1,437,013, indicating a healthy operating surplus. Its assets have grown significantly from $1,154,832 in 2011 to $5,824,697 in 2023, suggesting effective asset management and financial stability. The organization consistently reports minimal liabilities, further reinforcing its sound financial position.
The spending efficiency appears robust, with a significant portion of expenses directed towards program services. The absence of officer compensation reported across all filings indicates a volunteer-led or externally compensated leadership structure, which can contribute to lower administrative overhead. This commitment to minimizing executive costs allows more funds to be allocated directly to its mission. The consistent filing of IRS 990 forms over a long period also points to a good level of transparency.