Jackman Family Foundation
Jackman Family Foundation maintains strong asset base with zero officer compensation despite fluctuating revenues.
EIN: 204702478 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $923K |
| Total Expenses | $59K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.1M |
| Transparency Score | 90/100 |
Is Jackman Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jackman Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jackman Family Foundation
Jackman Family Foundation (EIN: 204702478) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $923K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jackman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jackman Family Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -14.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $161K |
| Total Expenses | $59K |
| Surplus / Deficit | +$103K |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | 63.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 628.7 months |
Financial Health Grade: A
In 2023, Jackman Family Foundation reported a surplus of $103K with revenue exceeding expenses, holds 628.7 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), Jackman Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.5% | -11.5% | +3.5% |
| 2022 | -85.5% | -23.1% | +1.1% |
| 2021 | +397.7% | -95.2% | +25.6% |
| 2020 | -88.0% | +384.4% | -41.4% |
| 2019 | +231.6% | +60.9% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Jackman Family Foundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Jackman Family 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $103K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly favorable for a foundation of its size with assets over $3 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 Jackman Family Foundation's IRS 990 filings:
- Significant expense-to-revenue disparity in 2020 ($1,784,250 expenses vs. $137,147 revenue) without further context on the nature of these expenses (e.g., large grant or investment loss).
Strengths
The following positive indicators were identified for Jackman Family Foundation:
- Consistent 0% officer compensation across all reported years.
- Extremely low liabilities ($1 consistently reported).
- Strong asset base, consistently over $2.3 million, indicating long-term sustainability.
- Generally low expense ratios relative to assets in most years.
- Clear and consistent IRS 990 filing history.
Frequently Asked Questions about Jackman Family Foundation
Is Jackman Family Foundation a legitimate charity?
Jackman Family Foundation (EIN: 204702478) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $923K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Jackman Family Foundation spend its money?
Jackman Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jackman Family Foundation tax-deductible?
Jackman Family Foundation is registered as a tax-exempt nonprofit (EIN: 204702478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jackman Family Foundation CEO make?
Jackman Family Foundation's highest-compensated officer earns $3 annually. The organization reported $923K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Jackman Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Jackman Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jackman Family Foundation located?
Jackman Family Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 204702478. It is classified under NTEE code T20.
How many years of IRS 990 filings does Jackman Family Foundation have?
Jackman Family Foundation 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 $923K in total revenue.
Is Jackman Family Foundation a good charity?
Based on the provided financial data, the Jackman Family Foundation appears to be a very good charity. It maintains a strong asset base, consistently reports 0% officer compensation, and has minimal liabilities, indicating sound financial management and a strong commitment to its mission without significant overhead for executive salaries.
How does the foundation manage its expenses?
The foundation generally manages its expenses well, with expenses often being a small fraction of its assets and, in most years, significantly less than its revenue. The consistent 0% officer compensation is a key indicator of efficient expense management, particularly in administrative costs.
What caused the large expense spike in 2020?
In 2020, the foundation reported expenses of $1,784,250 against revenue of $137,147. This significant expense spike, which led to a decrease in assets from $3,980,380 in 2019 to $2,333,277 in 2020, likely represents a substantial grant distribution or investment loss, drawing heavily from its endowment or accumulated funds.
Is the foundation financially stable?
Yes, despite revenue fluctuations and a significant expense year in 2020, the foundation demonstrates strong financial stability. Its assets have consistently remained above $2.3 million, reaching $3,065,888 in 2023, and its liabilities are negligible ($1), indicating a robust financial position.
Filing History
IRS 990 filing history for Jackman Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jackman Family Foundation's revenue has declined by 84.5%, moving from $1.0M to $161K. Total assets increased by 18.1% over the same period, from $2.6M to $3.1M. Total functional expenses fell by 62%, from $154K to $59K. In its most recent filing year (2023), Jackman Family Foundation reported a surplus of $103K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $161K | $59K | $3.1M | $1 | — | View 990 |
| 2022 | $99K | $66K | $3.0M | $1 | — | View 990 |
| 2021 | $683K | $86K | $2.9M | $1 | — | — |
| 2020 | $137K | $1.8M | $2.3M | $1 | — | View 990 |
| 2019 | $1.1M | $368K | $4.0M | $1 | — | View 990 |
| 2015 | $346K | $229K | $3.6M | $1 | — | View 990 |
| 2014 | $289K | $275K | $3.4M | $1 | — | View 990 |
| 2013 | $698K | $233K | $3.4M | $1 | — | View 990 |
| 2012 | $590K | $216K | $3.0M | $1 | — | View 990 |
| 2011 | $1.0M | $154K | $2.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $161K, expenses of $59K, and assets of $3.1M (revenue +62.5% year-over-year).
- 2022: Revenue of $99K, expenses of $66K, and assets of $3.0M (revenue -85.5% year-over-year).
- 2021: Revenue of $683K, expenses of $86K, and assets of $2.9M (revenue +397.7% year-over-year).
- 2020: Revenue of $137K, expenses of $1.8M, and assets of $2.3M (revenue -88.0% year-over-year).
- 2019: Revenue of $1.1M, expenses of $368K, and assets of $4.0M (revenue +231.6% year-over-year).
- 2015: Revenue of $346K, expenses of $229K, and assets of $3.6M (revenue +19.6% year-over-year).
- 2014: Revenue of $289K, expenses of $275K, and assets of $3.4M (revenue -58.6% year-over-year).
- 2013: Revenue of $698K, expenses of $233K, and assets of $3.4M (revenue +18.3% year-over-year).
- 2012: Revenue of $590K, expenses of $216K, and assets of $3.0M (revenue -43.4% year-over-year).
- 2011: Revenue of $1.0M, expenses of $154K, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jackman Family Foundation:
Data Sources and Methodology
This transparency report for Jackman Family 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.