Is Jordan Thomas Foundation Inc Legit?

The Jordan Thomas Foundation Inc demonstrates consistent financial health with growing assets and revenues over the past decade. In the latest filing (202312), the organization reported revenues of $755,577 against expenses of $745,597, indicating a balanced operational year. The foundation's assets have steadily increased, reaching $2,728,211 in 2023, up from $1,160,050 in 2014, suggesting effective asset management and financial stability. The organization's liabilities remain very low, consistently below 1% of assets, which is a strong indicator of fiscal prudence. Spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings, which suggests a high proportion of funds are directed towards program services rather than administrative overhead or executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation is a significant positive indicator for donor confidence. The foundation's consistent growth in revenue and assets, coupled with minimal liabilities, points to a well-managed and financially sound operation. Transparency is enhanced by the consistent filing of IRS Form 990s over 13 periods, providing a clear historical record of financial activity. The explicit reporting of 0% officer compensation is a key transparency point, assuring donors that leadership is not drawing salaries from the organization's funds. This level of financial disclosure, combined with healthy financial metrics, positions the Jordan Thomas Foundation as a transparent and accountable nonprofit.