J M Foundation
J M Foundation maintains stable asset base despite fluctuating revenue, consistently expending over $1.5M annually with no reported officer compensation.
EIN: 136068340 · Lewes, DE · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $26 |
| Net Assets | $26.3M |
| Transparency Score | 85/100 |
Is J M Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
J M Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About J M Foundation
J M Foundation (EIN: 136068340) is a nonprofit organization based in Lewes, DE. The organization reported total revenue of $3.6M and total assets of $26.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J M Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J M Foundation is a mid-size nonprofit that has been operating for 90 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -17.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $243K |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-1,277,756 |
| Total Assets | $26.7M |
| Total Liabilities | $355K |
| Net Assets | $26.3M |
| Operating Margin | -524.9% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 210.7 months |
Financial Health Grade: B
In 2020, J M Foundation reported a deficit of $1.3M with expenses exceeding revenue, holds 210.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), J M Foundation's revenue has declined at a compound annual growth rate (CAGR) of -17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | -74.6% | +0.0% | -0.9% |
| 2019 | -58.1% | -16.8% | +11.8% |
| 2015 | -33.5% | +3.9% | -6.1% |
| 2014 | +31.0% | +9.5% | -0.3% |
| 2013 | +93.4% | -12.5% | +14.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1936 |
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 M Foundation with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, J M 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's leadership either serves without direct compensation or that compensation is not reported in this category, which is highly efficient for an organization with assets exceeding $26 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 J M Foundation's IRS 990 filings:
- Significant annual revenue fluctuations, requiring reliance on asset base for consistent spending.
- Lack of detailed expense breakdown (e.g., program vs. administrative) in provided data, limiting granular efficiency analysis.
Strengths
The following positive indicators were identified for J M Foundation:
- Substantial and growing asset base, indicating strong financial health and stability (from $21.8M in 2011 to $26.7M in 2020).
- Zero reported officer compensation across all filings, suggesting highly efficient administrative costs.
- Consistent annual expenditures (typically $1.5M-$1.8M), demonstrating a sustained commitment to its mission.
- Low liabilities relative to assets, indicating good financial management (e.g., $355,082 liabilities vs. $26.7M assets in 2020).
Frequently Asked Questions about J M Foundation
Is J M Foundation a legitimate charity?
J M Foundation (EIN: 136068340) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 7 years of IRS 990 filings on record. Total revenue: $3.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does J M Foundation spend its money?
J M Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to J M Foundation tax-deductible?
J M Foundation is registered as a tax-exempt nonprofit (EIN: 136068340). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the J M Foundation CEO make?
J M Foundation's highest-compensated officer earns $26 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is J M Foundation located?
J M Foundation is headquartered in Lewes, Delaware and files with the IRS under EIN 136068340.
How many years of IRS 990 filings does J M Foundation have?
J M Foundation has 7 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 $3.6M in total revenue.
How does J M Foundation manage to spend over $1.5 million annually when revenue is significantly lower, such as $243,450 in 2020?
The foundation likely utilizes its substantial asset base, which stood at $26,704,619 in 2020, to cover expenses that exceed annual revenue, drawing from its endowment or investment returns.
What is the primary purpose of J M Foundation given its consistent expenditures?
Based on the financial data, J M Foundation appears to be a grant-making private foundation, consistently distributing funds (implied by 'Expenses') to support various causes, though specific program areas are not detailed in the provided data.
Is the J M Foundation financially sustainable given its revenue fluctuations?
Yes, the foundation appears financially sustainable due to its significant and growing asset base ($26.7 million in 2020), which provides a buffer against revenue volatility and allows for consistent spending.
Filing History
IRS 990 filing history for J M Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), J M Foundation's revenue has declined by 82.2%, moving from $1.4M to $243K. Total assets increased by 22.4% over the same period, from $21.8M to $26.7M. Total functional expenses fell by 4.3%, from $1.6M to $1.5M. In its most recent filing year (2020), J M Foundation reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $355K in liabilities against $26.7M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $26.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $243K | $1.5M | $26.7M | $355K | — | — |
| 2019 | $957K | $1.5M | $26.9M | $596K | — | View 990 |
| 2015 | $2.3M | $1.8M | $24.1M | $826K | — | View 990 |
| 2014 | $3.4M | $1.8M | $25.7M | $551K | — | View 990 |
| 2013 | $2.6M | $1.6M | $25.7M | $575K | — | View 990 |
| 2012 | $1.4M | $1.8M | $22.5M | $506K | — | View 990 |
| 2011 | $1.4M | $1.6M | $21.8M | $492K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $243K, expenses of $1.5M, and assets of $26.7M (revenue -74.6% year-over-year).
- 2019: Revenue of $957K, expenses of $1.5M, and assets of $26.9M (revenue -58.1% year-over-year).
- 2015: Revenue of $2.3M, expenses of $1.8M, and assets of $24.1M (revenue -33.5% year-over-year).
- 2014: Revenue of $3.4M, expenses of $1.8M, and assets of $25.7M (revenue +31.0% year-over-year).
- 2013: Revenue of $2.6M, expenses of $1.6M, and assets of $25.7M (revenue +93.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.8M, and assets of $22.5M (revenue -1.1% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.6M, and assets of $21.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J M Foundation:
Data Sources and Methodology
This transparency report for J M 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.