Is Jumpstart Coalition For Personal Financial Literacy Legit?
Quick charity verification for Jumpstart Coalition For Personal Financial Literacy (EIN: 201101662)
Verdict: Jumpstart Coalition For Personal Financial Literacy appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong financial stability with growing assets (from $463 in 2013 to $57,778 in 2021).
No reported liabilities across most recent filings, indicating a debt-free operation.
Zero officer compensation reported, suggesting highly efficient, likely volunteer-led, management.
Consistent IRS 990 filing history demonstrates transparency.
Revenue consistently exceeds expenses in most recent years, building reserves.
Spending Breakdown
How Jumpstart Coalition For Personal Financial Literacy allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Jumpstart Coalition For Personal Financial Literacy
Is Jumpstart Coalition For Personal Financial Literacy a legitimate charity?
Based on AI analysis of IRS 990 filings, Jumpstart Coalition For Personal Financial Literacy (EIN: 201101662) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Jumpstart Coalition For Personal Financial Literacy a good charity to donate to?
Jumpstart Coalition For Personal Financial Literacy has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jumpstart Coalition For Personal Financial Literacy?
The Employer Identification Number (EIN) for Jumpstart Coalition For Personal Financial Literacy is 201101662. 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 Jumpstart Coalition For Personal Financial Literacy spend its money?
Jumpstart Coalition For Personal Financial Literacy allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jumpstart Coalition For Personal Financial Literacy's tax-exempt status?
You can verify Jumpstart Coalition For Personal Financial Literacy's tax-exempt status using EIN 201101662 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
Jumpstart Coalition For Personal Financial Literacy appears to be a very small organization with fluctuating, but generally low, revenue and expenses. In 2021, the organization reported revenue of $15,050 and expenses of $5,562, resulting in a significant surplus. This pattern of revenue exceeding expenses has been common in recent years, leading to a steady increase in assets, reaching $57,778 in 2021. The organization consistently reports $0 in liabilities, indicating a healthy balance sheet with no debt.
Given the absence of reported officer compensation across all filings, and the very low overall financial activity, it suggests that the organization likely operates with volunteer leadership or very minimal paid staff. This can be a sign of efficiency for a small nonprofit, as administrative costs are kept extremely low. However, without a detailed breakdown of expenses (e.g., program vs. administrative vs. fundraising) in the provided data, a precise assessment of spending efficiency is challenging. The consistent filing of IRS Form 990s demonstrates a commitment to transparency, even for an organization of this size.
Overall, the organization exhibits financial stability with growing assets and no debt. Its small scale and lack of officer compensation suggest a lean operational model. While specific program spending data is not available, the financial health appears sound for an organization of its reported size.