Howard Jackson Fam Tr Foundation

Howard Jackson Fam Tr Foundation maintains stable assets and zero officer compensation, with recent revenue spike.

EIN: 206048361 · Keokuk, IA · NTEE: T22 · Updated: 2026-03-28

$656KRevenue

$2.3MAssets

88/100Mission Score (Excellent)

T22

About Howard Jackson Fam Tr Foundation

Howard Jackson Fam Tr Foundation (EIN: 206048361) is a nonprofit organization based in Keokuk, IA, classified under NTEE code T22. The organization reported total revenue of $656K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Howard Jackson Fam Tr Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Howard Jackson Fam Tr Foundation appears to be a private foundation, as indicated by its consistent revenue streams and asset base, with minimal liabilities. Over the past decade, the organization has maintained a stable asset base, fluctuating around $2.2 million to $2.4 million, with current assets at $2,284,412. Its latest reported revenue is $656,152, which is significantly higher than its typical annual revenues, suggesting a potential one-time large contribution or investment gain. Expenses have generally been well below revenue, allowing for asset growth, though in 2023, expenses ($121,299) exceeded revenue ($94,347).

The foundation demonstrates strong financial health with substantial assets relative to its annual expenses. A key aspect of its financial management is the complete absence of officer compensation reported across all available filings, which is a positive indicator for donor confidence as all funds are directed towards the foundation's mission. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The consistent low liabilities ($0 or $1) across all periods indicates excellent financial management and minimal debt burden.

Transparency is generally good given the availability of 990 filings. The lack of officer compensation is a strong point for transparency and efficiency. To further enhance transparency, a more detailed public breakdown of how expenses are categorized (program vs. administrative) would be beneficial for external analysis, especially given its NTEE code T22, which typically relates to private grantmaking foundations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Howard Jackson Fam Tr Foundation with a Mission Score of 88 out of 100 (Excellent). 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: 85%
fundraising: 5%

According to IRS 990 filings, Howard Jackson Fam Tr Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its executives, which is highly favorable for directing funds towards its mission.

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 Howard Jackson Fam Tr Foundation's IRS 990 filings:

Lack of detailed expense breakdown (program vs. admin) in provided data
Expenses exceeded revenue in 2023 ($121,299 expenses vs. $94,347 revenue)

Strengths

The following positive indicators were identified for Howard Jackson Fam Tr Foundation:

Consistent zero officer compensation across all filings
Strong and stable asset base (currently $2,284,412)
Minimal liabilities ($1 across most filings)
Long history of IRS 990 filings (10 filings)
Generally positive net income over the long term, contributing to asset growth

Frequently Asked Questions about Howard Jackson Fam Tr Foundation

Is Howard Jackson Fam Tr Foundation a good charity?

Based on the available data, the foundation exhibits strong financial health with substantial assets ($2,284,412) and a consistent history of zero officer compensation, suggesting efficient use of funds. Its low liabilities ($1) also indicate sound financial management. However, without a detailed breakdown of program spending versus administrative costs, a complete assessment of its charitable impact is limited.

What is the primary source of the foundation's revenue?

While the 990 data provides revenue figures, it does not explicitly detail the primary source (e.g., investment income, contributions). Given its nature as a private foundation (NTEE T22) and consistent asset base, it's likely a mix of investment income and contributions from the founding family or related entities.

Why did the latest revenue jump to $656,152 from typical annual revenues around $100k-$200k?

The significant increase in the latest reported revenue to $656,152, compared to previous years' revenues typically ranging from $94,347 to $222,073, suggests a potential one-time large contribution, a substantial investment gain, or an unusual income event in that specific period. The 990 filing itself would provide more detail on the nature of this income.

Filing History

IRS 990 filing history for Howard Jackson Fam Tr Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Howard Jackson Fam Tr Foundation's revenue has declined by 30.2%, moving from $135K to $94K. Total assets decreased by 3% over the same period, from $2.3M to $2.2M. Total functional expenses rose by 9.2%, from $111K to $121K. In its most recent filing year (2023), Howard Jackson Fam Tr Foundation reported a deficit of $27K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$94K	$121K	$2.2M	$1	—	—
2022	$159K	$118K	$2.2M	$1	—	View 990
2021	$131K	$100K	$2.4M	$1	—	View 990
2020	$104K	$96K	$2.2M	$1	—	View 990
2019	$71K	$119K	$2.2M	$1	—	View 990
2015	$186K	$144K	$1.9M	$1	—	View 990
2014	$200K	$140K	$2.4M	$1	—	View 990
2013	$222K	$130K	$2.5M	$1	—	View 990
2012	$211K	$125K	$2.4M	$0	—	View 990
2011	$135K	$111K	$2.3M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $94K, expenses of $121K, and assets of $2.2M (revenue -40.7% year-over-year).
2022: Revenue of $159K, expenses of $118K, and assets of $2.2M (revenue +21.4% year-over-year).
2021: Revenue of $131K, expenses of $100K, and assets of $2.4M (revenue +26.1% year-over-year).
2020: Revenue of $104K, expenses of $96K, and assets of $2.2M (revenue +46.2% year-over-year).
2019: Revenue of $71K, expenses of $119K, and assets of $2.2M (revenue -61.7% year-over-year).
2015: Revenue of $186K, expenses of $144K, and assets of $1.9M (revenue -7.2% year-over-year).
2014: Revenue of $200K, expenses of $140K, and assets of $2.4M (revenue -10.0% year-over-year).
2013: Revenue of $222K, expenses of $130K, and assets of $2.5M (revenue +5.4% year-over-year).
2012: Revenue of $211K, expenses of $125K, and assets of $2.4M (revenue +55.8% year-over-year).
2011: Revenue of $135K, expenses of $111K, and assets of $2.3M.

Data Sources and Methodology

This transparency report for Howard Jackson Fam Tr 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.