Jack Moon Scholarship Foundation
Jack Moon Scholarship Foundation consistently operates with volunteer leadership and a strong asset base, though it has frequently spent more than it raised annually.
EIN: 202403787 · Saint Louis, MO · NTEE: B82 · Updated: 2026-03-28
Is Jack Moon Scholarship Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jack Moon Scholarship Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jack Moon Scholarship Foundation
Jack Moon Scholarship Foundation (EIN: 202403787) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code B82. The organization reported total revenue of $880K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jack Moon Scholarship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jack Moon Scholarship 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Jack Moon Scholarship Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable and ensures that all funds are directed towards the foundation's mission rather than executive salaries, especially for an organization with assets over $2 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 Jack Moon Scholarship Foundation's IRS 990 filings:
- Consistent historical trend of expenses exceeding revenue, indicating reliance on asset drawdowns (e.g., 2022: $366,798 expenses vs. $209,208 revenue).
- Gradual decline in total assets over the long term, from $3.25M in 2011 to $2.17M currently, though recent periods show stabilization.
Strengths
The following positive indicators were identified for Jack Moon Scholarship Foundation:
- 0% officer compensation across all reported periods, demonstrating highly efficient and volunteer-led governance.
- Strong and consistent asset base, always exceeding $2 million, providing long-term financial stability.
- Negligible liabilities (often $1), indicating excellent financial management and minimal debt.
- Consistent filing of IRS Form 990 over ten periods, showing commitment to transparency and compliance.
- Positive shift in 2023 with revenue ($388,236) exceeding expenses ($291,631), improving operational sustainability.
Frequently Asked Questions about Jack Moon Scholarship Foundation
Is Jack Moon Scholarship Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jack Moon Scholarship Foundation (EIN: 202403787) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Jack Moon Scholarship Foundation spend its money?
Jack Moon Scholarship Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jack Moon Scholarship Foundation tax-deductible?
Jack Moon Scholarship Foundation is registered as a tax-exempt nonprofit (EIN: 202403787). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Jack Moon Scholarship Foundation financially stable?
Yes, the foundation is financially stable, maintaining over $2 million in assets consistently, reaching $2,354,436 in 2023. While expenses have often exceeded revenue in past years, the substantial asset base and negligible liabilities ($1 in recent years) provide a strong buffer.
How does the foundation manage its leadership costs?
The foundation manages its leadership costs exceptionally well, reporting 0% officer compensation across all ten filings. This indicates a volunteer-led organization, which is highly efficient and directs more resources to its programs.
Has the foundation's revenue kept pace with its expenses?
Historically, the foundation's expenses have often exceeded its revenue, for example, in 2022 ($366,798 expenses vs. $209,208 revenue). However, in the most recent period (2023), revenue ($388,236) surpassed expenses ($291,631), indicating an improved financial operating position.
What is the trend in the foundation's assets?
The foundation's assets have shown a gradual decline from a high of $3,252,363 in 2011 to $2,173,272 currently, though they have stabilized above $2 million. The most recent period (2023) shows a slight increase to $2,354,436 from $2,145,851 in 2022.
Filing History
IRS 990 filing history for Jack Moon Scholarship Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jack Moon Scholarship Foundation's revenue has grown by 43.1%, moving from $271K to $388K. Total assets decreased by 27.6% over the same period, from $3.3M to $2.4M. Total functional expenses fell by 24.7%, from $387K to $292K. In its most recent filing year (2023), Jack Moon Scholarship Foundation reported a surplus of $97K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $388K | $292K | $2.4M | $1 | — | View 990 |
| 2022 | $209K | $367K | $2.1M | $1 | — | View 990 |
| 2021 | $226K | $302K | $2.2M | $1 | — | View 990 |
| 2020 | $138K | $462K | $2.1M | $1 | — | View 990 |
| 2019 | $177K | $571K | $2.3M | $1 | — | View 990 |
| 2015 | $352K | $579K | $2.5M | $0 | — | View 990 |
| 2014 | $394K | $491K | $2.8M | $0 | — | View 990 |
| 2013 | $306K | $581K | $2.8M | $0 | — | View 990 |
| 2012 | $261K | $386K | $3.2M | $0 | — | View 990 |
| 2011 | $271K | $387K | $3.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $388K, expenses of $292K, and assets of $2.4M (revenue +85.6% year-over-year).
- 2022: Revenue of $209K, expenses of $367K, and assets of $2.1M (revenue -7.3% year-over-year).
- 2021: Revenue of $226K, expenses of $302K, and assets of $2.2M (revenue +63.3% year-over-year).
- 2020: Revenue of $138K, expenses of $462K, and assets of $2.1M (revenue -21.8% year-over-year).
- 2019: Revenue of $177K, expenses of $571K, and assets of $2.3M (revenue -49.7% year-over-year).
- 2015: Revenue of $352K, expenses of $579K, and assets of $2.5M (revenue -10.7% year-over-year).
- 2014: Revenue of $394K, expenses of $491K, and assets of $2.8M (revenue +28.6% year-over-year).
- 2013: Revenue of $306K, expenses of $581K, and assets of $2.8M (revenue +17.2% year-over-year).
- 2012: Revenue of $261K, expenses of $386K, and assets of $3.2M (revenue -3.8% year-over-year).
- 2011: Revenue of $271K, expenses of $387K, and assets of $3.3M.
Data Sources and Methodology
This transparency report for Jack Moon Scholarship 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.