Jack And Marye Omalley Foundation
EIN: 821990116 · Covington, LA · NTEE: T22
Is Jack And Marye Omalley Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jack And Marye Omalley Foundation
Jack And Marye Omalley Foundation (EIN: 821990116) is a nonprofit organization based in Covington, LA, classified under NTEE code T22. The organization reported total revenue of $180K and total assets of $739K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack And Marye Omalley Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Jack And Marye Omalley Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jack And Marye Omalley Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Jack And Marye Omalley Foundation
Is Jack And Marye Omalley Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jack And Marye Omalley Foundation (EIN: 821990116) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jack And Marye Omalley Foundation spend its money?
Detailed spending breakdown data is not yet available for Jack And Marye Omalley Foundation. Check back for updated IRS 990 analysis.
Are donations to Jack And Marye Omalley Foundation tax-deductible?
Jack And Marye Omalley Foundation is registered as a tax-exempt nonprofit (EIN: 821990116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Jack And Marye Omalley Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Jack And Marye Omalley Foundation's revenue has declined by 54.8%, moving from $174K to $78K. Total assets increased by 53% over the same period, from $511K to $782K. Total functional expenses rose by 50.8%, from $21K to $31K. In its most recent filing year (2023), Jack And Marye Omalley Foundation reported a surplus of $47K, with revenue exceeding expenses. The organization holds $1 in liabilities against $782K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $782K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $78K | $31K | $782K | $1 | — | — |
| 2022 | $36K | $40K | $755K | $1 | — | — |
| 2021 | $273K | $34K | $752K | $1 | — | — |
| 2020 | $29K | $28K | $513K | $1 | — | — |
| 2019 | $174K | $21K | $511K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $78K, expenses of $31K, and assets of $782K (revenue +119.2% year-over-year).
- 2022: Revenue of $36K, expenses of $40K, and assets of $755K (revenue -86.9% year-over-year).
- 2021: Revenue of $273K, expenses of $34K, and assets of $752K (revenue +840.4% year-over-year).
- 2020: Revenue of $29K, expenses of $28K, and assets of $513K (revenue -83.3% year-over-year).
- 2019: Revenue of $174K, expenses of $21K, and assets of $511K.
Data Sources and Methodology
This transparency report for Jack And Marye Omalley 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.