Independent Council Of Jackson Hewitt Franchisees Inc
Independent Council Of Jackson Hewitt Franchisees Inc. operates with tight margins, consistently spending near or slightly above its modest annual revenue.
EIN: 113491030 · St John, IN · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $98K |
| Total Expenses | $67K |
| Program Spending | 80% |
| Net Assets | $53K |
| Transparency Score | 75/100 |
Is Independent Council Of Jackson Hewitt Franchisees Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Independent Council Of Jackson Hewitt Franchisees Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Independent Council Of Jackson Hewitt Franchisees Inc
Independent Council Of Jackson Hewitt Franchisees Inc (EIN: 113491030) is a nonprofit organization based in St John, IN, classified under NTEE code S41. The organization reported total revenue of $98K and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Independent Council Of Jackson Hewitt Franchisees Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Independent Council Of Jackson Hewitt Franchisees Inc is a micro nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $67K |
| Surplus / Deficit | $-525 |
| Total Assets | $59K |
| Total Liabilities | $5K |
| Net Assets | $53K |
| Operating Margin | -0.8% |
| Debt-to-Asset Ratio | 9.1% |
| Months of Reserves | 10.5 months |
Financial Health Grade: B
In 2023, Independent Council Of Jackson Hewitt Franchisees Inc reported a deficit of $525 with expenses exceeding revenue, holds 10.5 months of operating reserves (strong position), has a debt-to-asset ratio of 9.1% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Independent Council Of Jackson Hewitt Franchisees Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.4% | -3.9% | +4.0% |
| 2022 | +23.1% | +8.8% | -9.8% |
| 2021 | -16.2% | -0.6% | -18.0% |
| 2020 | -16.9% | -9.0% | -76.6% |
| 2019 | -80.3% | -80.9% | +134.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
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 Independent Council Of Jackson Hewitt Franchisees Inc 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, Independent Council Of Jackson Hewitt Franchisees Inc 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 $525, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a strong positive for resource allocation.
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 Independent Council Of Jackson Hewitt Franchisees Inc's IRS 990 filings:
- Consistent expenses slightly exceeding revenue in recent years (e.g., 202304 expenses $66,968 vs. revenue $66,443), indicating tight operating margins.
- Significant fluctuation in assets and liabilities in 201904 ($325,063 assets, $246,785 liabilities) without clear explanation in the provided data, suggesting potential financial volatility or specific project financing.
Strengths
The following positive indicators were identified for Independent Council Of Jackson Hewitt Franchisees Inc:
- No reported officer compensation across all 11 filings, indicating efficient use of funds directly for organizational activities.
- Consistent IRS 990 filing history (11 filings), demonstrating good transparency and compliance.
- Low liabilities in recent years ($5,354 in 202304), suggesting sound financial management of short-term obligations.
Frequently Asked Questions about Independent Council Of Jackson Hewitt Franchisees Inc
Is Independent Council Of Jackson Hewitt Franchisees Inc a legitimate charity?
Independent Council Of Jackson Hewitt Franchisees Inc (EIN: 113491030) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $98K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Independent Council Of Jackson Hewitt Franchisees Inc spend its money?
Independent Council Of Jackson Hewitt Franchisees Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Independent Council Of Jackson Hewitt Franchisees Inc tax-deductible?
Independent Council Of Jackson Hewitt Franchisees Inc is registered as a tax-exempt nonprofit (EIN: 113491030). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Independent Council Of Jackson Hewitt Franchisees Inc's spending goes to programs?
Independent Council Of Jackson Hewitt Franchisees Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Independent Council Of Jackson Hewitt Franchisees Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Independent Council Of Jackson Hewitt Franchisees Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Independent Council Of Jackson Hewitt Franchisees Inc located?
Independent Council Of Jackson Hewitt Franchisees Inc is headquartered in St John, Indiana and files with the IRS under EIN 113491030. It is classified under NTEE code S41.
How many years of IRS 990 filings does Independent Council Of Jackson Hewitt Franchisees Inc have?
Independent Council Of Jackson Hewitt Franchisees Inc has 11 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 $98K in total revenue.
Is Independent Council Of Jackson Hewitt Franchisees Inc. a good charity?
As a business and professional association (NTEE S41), its 'charitable' nature is primarily to serve its members. The organization appears to be financially stable at its current operational level, with no officer compensation, which is a positive sign of efficient resource use for its stated purpose.
What caused the significant revenue spike in 2018?
In 201804, the organization reported revenue and expenses of $370,297, a substantial increase from prior and subsequent years. This could indicate a one-time event, a large project, or a temporary expansion of activities that year, which was not sustained.
How does the organization manage its liabilities?
Liabilities have generally been low, ranging from $0 to $8,604 in most years, with a peak of $246,785 in 201904. The 2019 spike in liabilities, alongside a high asset figure of $325,063, suggests a specific financial transaction or project that year, but current liabilities are low ($5,354 in 202304).
Filing History
IRS 990 filing history for Independent Council Of Jackson Hewitt Franchisees Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Independent Council Of Jackson Hewitt Franchisees Inc's revenue has grown by 9.8%, moving from $60K to $66K. Total assets decreased by 29.3% over the same period, from $83K to $59K. Total functional expenses fell by 14.6%, from $78K to $67K. In its most recent filing year (2023), Independent Council Of Jackson Hewitt Franchisees Inc reported a deficit of $525, with expenses exceeding revenue. The organization holds $5K in liabilities against $59K in assets (debt-to-asset ratio: 9.1%), resulting in net assets of $53K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66K | $67K | $59K | $5K | — | — |
| 2022 | $62K | $70K | $56K | $3K | — | — |
| 2021 | $51K | $64K | $63K | $1K | — | — |
| 2020 | $61K | $64K | $76K | $2K | — | View 990 |
| 2019 | $73K | $71K | $325K | $247K | — | View 990 |
| 2018 | $370K | $370K | $138K | $2K | — | View 990 |
| 2017 | $194K | $203K | $1 | $9K | — | View 990 |
| 2016 | $79K | $61K | $85K | $0 | — | View 990 |
| 2015 | $51K | $71K | $67K | $0 | — | View 990 |
| 2014 | $53K | $47K | $87K | $0 | — | View 990 |
| 2013 | $60K | $78K | $83K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66K, expenses of $67K, and assets of $59K (revenue +6.4% year-over-year).
- 2022: Revenue of $62K, expenses of $70K, and assets of $56K (revenue +23.1% year-over-year).
- 2021: Revenue of $51K, expenses of $64K, and assets of $63K (revenue -16.2% year-over-year).
- 2020: Revenue of $61K, expenses of $64K, and assets of $76K (revenue -16.9% year-over-year).
- 2019: Revenue of $73K, expenses of $71K, and assets of $325K (revenue -80.3% year-over-year).
- 2018: Revenue of $370K, expenses of $370K, and assets of $138K (revenue +90.7% year-over-year).
- 2017: Revenue of $194K, expenses of $203K, and assets of $1 (revenue +144.9% year-over-year).
- 2016: Revenue of $79K, expenses of $61K, and assets of $85K (revenue +56.8% year-over-year).
- 2015: Revenue of $51K, expenses of $71K, and assets of $67K (revenue -5.4% year-over-year).
- 2014: Revenue of $53K, expenses of $47K, and assets of $87K (revenue -11.6% year-over-year).
- 2013: Revenue of $60K, expenses of $78K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Independent Council Of Jackson Hewitt Franchisees Inc:
Data Sources and Methodology
This transparency report for Independent Council Of Jackson Hewitt Franchisees Inc 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.