J C Kennedy Foundation Inc
J C Kennedy Foundation Inc shows robust asset growth and low expenses, with no reported officer compensation.
EIN: 200424251 · Atlanta, GA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25.0M |
| Total Expenses | $5.0M |
| Program Spending | 85% |
| Net Assets | $85.8M |
| Transparency Score | 90/100 |
Is J C Kennedy Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
J C Kennedy Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About J C Kennedy Foundation Inc
J C Kennedy Foundation Inc (EIN: 200424251) is a nonprofit organization based in Atlanta, GA, classified under NTEE code T22. The organization reported total revenue of $25.0M and total assets of $86.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J C Kennedy Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J C Kennedy Foundation Inc is a large nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 41.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.5M |
| Total Expenses | $5.0M |
| Surplus / Deficit | +$24.5M |
| Total Assets | $85.8M |
| Total Liabilities | $1 |
| Net Assets | $85.8M |
| Operating Margin | 83.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 205.0 months |
Financial Health Grade: A
In 2023, J C Kennedy Foundation Inc reported a surplus of $24.5M with revenue exceeding expenses, holds 205.0 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), J C Kennedy Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 41.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.0% | +47.0% | +22.2% |
| 2022 | +505.0% | +21.6% | +39.1% |
| 2021 | -52.7% | +28.3% | +6.0% |
| 2020 | -26.5% | +10.7% | +14.5% |
| 2019 | +1069.8% | +54.5% | +99.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 J C Kennedy Foundation Inc with a Mission Score of 90 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, J C Kennedy Foundation Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The J C Kennedy Foundation Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is a strong positive for fiscal responsibility.
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 J C Kennedy Foundation Inc's IRS 990 filings:
- Lack of detailed public breakdown of program vs. administrative vs. fundraising expenses within the total expenses reported on the 990, making it harder to fully assess spending efficiency beyond the overall low expense ratio.
Strengths
The following positive indicators were identified for J C Kennedy Foundation Inc:
- Exceptional asset growth from $8.1M in 2011 to $85.7M in 2023, demonstrating strong financial management.
- Consistently low liabilities, often reported as $1, indicating robust financial stability.
- Zero reported officer compensation across all filings, highlighting fiscal responsibility and dedication to mission.
- Consistent filing of IRS Form 990s over a decade, indicating good transparency practices.
- Low overall expense ratio relative to revenue, suggesting efficient operations or a focus on endowment growth.
Frequently Asked Questions about J C Kennedy Foundation Inc
Is J C Kennedy Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, J C Kennedy Foundation Inc (EIN: 200424251) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does J C Kennedy Foundation Inc spend its money?
J C Kennedy Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to J C Kennedy Foundation Inc tax-deductible?
J C Kennedy Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200424251). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of J C Kennedy Foundation Inc's spending goes to programs?
J C Kennedy Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does J C Kennedy Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), J C Kennedy Foundation Inc 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 J C Kennedy Foundation Inc located?
J C Kennedy Foundation Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 200424251. It is classified under NTEE code T22.
How many years of IRS 990 filings does J C Kennedy Foundation Inc have?
J C Kennedy Foundation Inc 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 $25.0M in total revenue.
Is J C Kennedy Foundation Inc a good charity?
Based on its financial health, consistent asset growth from $8.1M to $85.7M, minimal liabilities, and zero reported officer compensation, the foundation appears to be very well-managed financially. Its NTEE code suggests it's a grantmaking foundation, meaning its 'program' spending is likely grants to other organizations. Without detailed program expense breakdowns, it's hard to assess direct impact, but its financial stewardship is excellent.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved, with assets growing from $8,175,111 in 2011 to $85,777,430 in 2023. Revenue has also seen substantial growth and fluctuations, indicating active financial management and investment.
What is the foundation's approach to executive compensation?
The foundation reports 0% officer compensation in all available filings, indicating a policy of not compensating its officers, which is a highly positive sign for resource allocation.
Filing History
IRS 990 filing history for J C Kennedy Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), J C Kennedy Foundation Inc's revenue has grown by 6448.7%, moving from $450K to $29.5M. Total assets increased by 949.3% over the same period, from $8.2M to $85.8M. Total functional expenses rose by 842.3%, from $533K to $5.0M. In its most recent filing year (2023), J C Kennedy Foundation Inc reported a surplus of $24.5M, with revenue exceeding expenses. The organization holds $1 in liabilities against $85.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $85.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29.5M | $5.0M | $85.8M | $1 | — | View 990 |
| 2022 | $34.3M | $3.4M | $70.2M | $1 | — | View 990 |
| 2021 | $5.7M | $2.8M | $50.5M | $1 | — | View 990 |
| 2020 | $12.0M | $2.2M | $47.6M | $1 | — | View 990 |
| 2019 | $16.3M | $2.0M | $41.5M | $1 | — | — |
| 2015 | $1.4M | $1.3M | $20.8M | $0 | — | View 990 |
| 2014 | $2.7M | $1.4M | $20.7M | $0 | — | View 990 |
| 2013 | $1.7M | $902K | $19.4M | $0 | — | View 990 |
| 2012 | $11.1M | $576K | $18.6M | $0 | — | View 990 |
| 2011 | $450K | $533K | $8.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29.5M, expenses of $5.0M, and assets of $85.8M (revenue -14.0% year-over-year).
- 2022: Revenue of $34.3M, expenses of $3.4M, and assets of $70.2M (revenue +505.0% year-over-year).
- 2021: Revenue of $5.7M, expenses of $2.8M, and assets of $50.5M (revenue -52.7% year-over-year).
- 2020: Revenue of $12.0M, expenses of $2.2M, and assets of $47.6M (revenue -26.5% year-over-year).
- 2019: Revenue of $16.3M, expenses of $2.0M, and assets of $41.5M (revenue +1069.8% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $20.8M (revenue -48.9% year-over-year).
- 2014: Revenue of $2.7M, expenses of $1.4M, and assets of $20.7M (revenue +64.9% year-over-year).
- 2013: Revenue of $1.7M, expenses of $902K, and assets of $19.4M (revenue -85.0% year-over-year).
- 2012: Revenue of $11.1M, expenses of $576K, and assets of $18.6M (revenue +2356.3% year-over-year).
- 2011: Revenue of $450K, expenses of $533K, and assets of $8.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J C Kennedy Foundation Inc:
Data Sources and Methodology
This transparency report for J C Kennedy Foundation 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.