Fred Jones Family Foundation
Fred Jones Family Foundation reports consistent negative revenue despite substantial assets and zero executive compensation.
EIN: 203110536 · Oklahoma City, OK · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $-11,263 |
| Total Expenses | $498K |
| Program Spending | 90% |
| Net Assets | $8.1M |
| Transparency Score | 75/100 |
Is Fred Jones Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fred Jones Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fred Jones Family Foundation
Fred Jones Family Foundation (EIN: 203110536) is a nonprofit organization based in Oklahoma City, OK, classified under NTEE code T22. The organization reported total revenue of $-11,263 and total assets of $8.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fred Jones Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fred Jones Family Foundation is a micro nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -100.3% | +15.5% | +1.0% |
| 2022 | +24.2% | -11.7% | -13.3% |
| 2021 | +38.8% | +9.5% | +9.8% |
| 2020 | +71.3% | -28.1% | -13.4% |
| 2016 | -67.5% | +6.3% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Fred Jones Family 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Fred Jones Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:
- 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, which is highly favorable for minimizing administrative overhead.
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 Fred Jones Family Foundation's IRS 990 filings:
- Consistent negative revenue in recent periods (e.g., $-11,263 latest revenue, $-1,036 in 202306).
- Expenses consistently exceeding revenue, indicating a draw on assets (e.g., 202306: Expenses $498,309 vs. Revenue $-1,036).
- Significant decrease in assets over time, from $11,031,797 in 201406 to $8,130,374 in 202306.
Strengths
The following positive indicators were identified for Fred Jones Family Foundation:
- Substantial asset base ($8,670,902) providing a strong financial foundation.
- Zero officer compensation reported across all filings, indicating very low executive overhead.
- Extremely low liabilities (often $1), suggesting minimal debt and strong financial management.
- Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
Frequently Asked Questions about Fred Jones Family Foundation
Is Fred Jones Family Foundation a legitimate charity?
Fred Jones Family Foundation (EIN: 203110536) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Fred Jones Family Foundation spend its money?
Fred Jones Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Fred Jones Family Foundation tax-deductible?
Fred Jones Family Foundation is registered as a tax-exempt nonprofit (EIN: 203110536). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Fred Jones Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Fred Jones Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fred Jones Family Foundation located?
Fred Jones Family Foundation is headquartered in Oklahoma City, Oklahoma and files with the IRS under EIN 203110536. It is classified under NTEE code T22.
How many years of IRS 990 filings does Fred Jones Family Foundation have?
Fred Jones Family 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.
How does the Fred Jones Family Foundation cover its expenses given the negative revenue?
The foundation likely covers its expenses by drawing from its substantial asset base, which was $8,130,374 in 202306, or through investment returns not fully captured in the 'revenue' figure provided, especially given the consistent negative revenue in recent years.
What is the primary purpose of the Fred Jones Family Foundation?
Based on its NTEE code T22 (Private Grantmaking Foundations) and significant assets, the foundation's primary purpose is likely to make grants to other organizations or individuals to support charitable causes.
Is the Fred Jones Family Foundation financially stable?
While the foundation has substantial assets ($8,670,902) and minimal liabilities ($1), the consistent negative revenue and expenses exceeding revenue in recent periods (e.g., 202306: Revenue $-1,036, Expenses $498,309) suggest it is drawing down on its endowment, which could impact long-term stability if not managed effectively.
Filing History
IRS 990 filing history for Fred Jones Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Fred Jones Family Foundation's revenue has declined by 100.1%, moving from $890K to $-1,036. Total assets decreased by 20.3% over the same period, from $10.2M to $8.1M. Total functional expenses fell by 20.4%, from $626K to $498K. The organization holds $1 in liabilities against $8.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-1,036 | $498K | $8.1M | $1 | — | View 990 |
| 2022 | $303K | $432K | $8.0M | $33K | — | View 990 |
| 2021 | $244K | $489K | $9.3M | $1 | — | View 990 |
| 2020 | $176K | $446K | $8.5M | $1 | — | View 990 |
| 2016 | $103K | $621K | $9.8M | $1 | — | View 990 |
| 2015 | $315K | $584K | $10.4M | $1 | — | View 990 |
| 2014 | $259K | $556K | $11.0M | $2K | — | View 990 |
| 2013 | $364K | $632K | $10.9M | $1 | — | View 990 |
| 2012 | $1.4M | $685K | $10.9M | $1 | — | View 990 |
| 2011 | $890K | $626K | $10.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-1,036, expenses of $498K, and assets of $8.1M (revenue -100.3% year-over-year).
- 2022: Revenue of $303K, expenses of $432K, and assets of $8.0M (revenue +24.2% year-over-year).
- 2021: Revenue of $244K, expenses of $489K, and assets of $9.3M (revenue +38.8% year-over-year).
- 2020: Revenue of $176K, expenses of $446K, and assets of $8.5M (revenue +71.3% year-over-year).
- 2016: Revenue of $103K, expenses of $621K, and assets of $9.8M (revenue -67.5% year-over-year).
- 2015: Revenue of $315K, expenses of $584K, and assets of $10.4M (revenue +21.6% year-over-year).
- 2014: Revenue of $259K, expenses of $556K, and assets of $11.0M (revenue -28.7% year-over-year).
- 2013: Revenue of $364K, expenses of $632K, and assets of $10.9M (revenue -74.8% year-over-year).
- 2012: Revenue of $1.4M, expenses of $685K, and assets of $10.9M (revenue +62.3% year-over-year).
- 2011: Revenue of $890K, expenses of $626K, and assets of $10.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fred Jones Family Foundation:
Data Sources and Methodology
This transparency report for Fred Jones Family 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.