Francis J And Edith Jackson Foundation
Francis J And Edith Jackson Foundation shows consistent assets but recent years' expenses exceed revenue.
EIN: 206063002 · Wheeling, WV · NTEE: T70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $648K |
| Total Expenses | $165K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.8 |
| Net Assets | $1.9M |
| Transparency Score | 75/100 |
Is Francis J And Edith Jackson Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Francis J And Edith Jackson Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Francis J And Edith Jackson Foundation
Francis J And Edith Jackson Foundation (EIN: 206063002) is a nonprofit organization based in Wheeling, WV, classified under NTEE code T70. The organization reported total revenue of $648K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Francis J And Edith Jackson Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Francis J And Edith Jackson Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $165K |
| Surplus / Deficit | $-46,625 |
| Total Assets | $1.9M |
| Total Liabilities | $1 |
| Net Assets | $1.9M |
| Operating Margin | -39.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 136.8 months |
Financial Health Grade: B
In 2023, Francis J And Edith Jackson Foundation reported a deficit of $47K with expenses exceeding revenue, holds 136.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Francis J And Edith Jackson Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +140.8% | -5.7% | -3.5% |
| 2022 | -80.8% | +3.8% | -6.1% |
| 2021 | -36.5% | +6.9% | +3.2% |
| 2020 | +94.5% | +11.7% | +7.0% |
| 2019 | +41.8% | +11.6% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Francis J And Edith Jackson Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Francis J And Edith Jackson Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation. This is a strong positive for efficient use of funds, especially for an organization with assets around $1.8 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Francis J And Edith Jackson Foundation's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., 202312: $165,049 expenses vs. $118,424 revenue; 202212: $175,031 expenses vs. $49,182 revenue).
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Francis J And Edith Jackson Foundation:
- Consistent and substantial asset base, around $1.8 million in 202312.
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Very low liabilities (often $1) across all reported periods, suggesting strong financial management and minimal debt.
- Long history of IRS 990 filings (10 filings), demonstrating transparency and consistent reporting.
Frequently Asked Questions about Francis J And Edith Jackson Foundation
Is Francis J And Edith Jackson Foundation a legitimate charity?
Francis J And Edith Jackson Foundation (EIN: 206063002) is a registered tax-exempt nonprofit based in West Virginia. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $648K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Francis J And Edith Jackson Foundation spend its money?
Francis J And Edith Jackson Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Francis J And Edith Jackson Foundation tax-deductible?
Francis J And Edith Jackson Foundation is registered as a tax-exempt nonprofit (EIN: 206063002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Francis J And Edith Jackson Foundation CEO make?
Francis J And Edith Jackson Foundation's highest-compensated officer earns $1.8 annually. The organization reported $648K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Francis J And Edith Jackson Foundation's spending goes to programs?
Francis J And Edith Jackson Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Francis J And Edith Jackson Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Francis J And Edith Jackson Foundation is above average for NTEE category T70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Francis J And Edith Jackson Foundation located?
Francis J And Edith Jackson Foundation is headquartered in Wheeling, West Virginia and files with the IRS under EIN 206063002. It is classified under NTEE code T70.
How many years of IRS 990 filings does Francis J And Edith Jackson Foundation have?
Francis J And Edith Jackson Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $648K in total revenue.
Is the Francis J And Edith Jackson Foundation financially sustainable given recent expense trends?
While the foundation has a strong asset base of $1.8 million, recent filings show expenses exceeding revenue (e.g., 202312: $165,049 expenses vs. $118,424 revenue), which is not sustainable long-term without increased revenue or reduced spending.
What is the primary source of the foundation's revenue?
The provided data only shows 'Revenue' without specific breakdown. Given the nature of a foundation, it's likely a mix of investment income and potentially grants or donations, but this cannot be confirmed from the summary.
How does the foundation manage to operate with 0% officer compensation?
The 0% officer compensation suggests that the foundation may be run by volunteers, or that compensation for key personnel is covered by other means not reported as officer compensation on the 990, or that it's a grant-making foundation with minimal direct operational staff.
Filing History
IRS 990 filing history for Francis J And Edith Jackson Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Francis J And Edith Jackson Foundation's revenue has declined by 39.7%, moving from $196K to $118K. Total assets increased by 44.8% over the same period, from $1.3M to $1.9M. Total functional expenses rose by 138%, from $69K to $165K. In its most recent filing year (2023), Francis J And Edith Jackson Foundation reported a deficit of $47K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $118K | $165K | $1.9M | $1 | — | View 990 |
| 2022 | $49K | $175K | $2.0M | $1 | — | View 990 |
| 2021 | $256K | $169K | $2.1M | $1 | — | — |
| 2020 | $404K | $158K | $2.0M | $1K | — | — |
| 2019 | $207K | $141K | $1.9M | $1K | — | View 990 |
| 2015 | $146K | $127K | $1.8M | $0 | — | View 990 |
| 2014 | $314K | $98K | $1.7M | $0 | — | View 990 |
| 2013 | $175K | $82K | $1.5M | $0 | — | View 990 |
| 2012 | $199K | $78K | $1.4M | $0 | — | View 990 |
| 2011 | $196K | $69K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $118K, expenses of $165K, and assets of $1.9M (revenue +140.8% year-over-year).
- 2022: Revenue of $49K, expenses of $175K, and assets of $2.0M (revenue -80.8% year-over-year).
- 2021: Revenue of $256K, expenses of $169K, and assets of $2.1M (revenue -36.5% year-over-year).
- 2020: Revenue of $404K, expenses of $158K, and assets of $2.0M (revenue +94.5% year-over-year).
- 2019: Revenue of $207K, expenses of $141K, and assets of $1.9M (revenue +41.8% year-over-year).
- 2015: Revenue of $146K, expenses of $127K, and assets of $1.8M (revenue -53.4% year-over-year).
- 2014: Revenue of $314K, expenses of $98K, and assets of $1.7M (revenue +79.5% year-over-year).
- 2013: Revenue of $175K, expenses of $82K, and assets of $1.5M (revenue -12.3% year-over-year).
- 2012: Revenue of $199K, expenses of $78K, and assets of $1.4M (revenue +1.6% year-over-year).
- 2011: Revenue of $196K, expenses of $69K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Francis J And Edith Jackson Foundation:
Data Sources and Methodology
This transparency report for Francis J And Edith Jackson Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.