Jacks Family Fund
EIN: 820715470 · Birmingham, AL · NTEE: P60
| Metric | Value |
|---|---|
| Total Revenue | $598K |
| Total Expenses | $489K |
| Net Assets | $616K |
Is Jacks Family Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jacks Family Fund
Jacks Family Fund (EIN: 820715470) is a nonprofit organization based in Birmingham, AL, classified under NTEE code P60. The organization reported total revenue of $598K and total assets of $717K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacks Family Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jacks Family Fund is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $557K |
| Total Expenses | $489K |
| Surplus / Deficit | +$68K |
| Total Assets | $624K |
| Total Liabilities | $9K |
| Net Assets | $616K |
| Operating Margin | 12.1% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 15.3 months |
Financial Health Grade: A
In 2023, Jacks Family Fund reported a surplus of $68K with revenue exceeding expenses, holds 15.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Jacks Family Fund's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.9% | +2.2% | +11.6% |
| 2022 | +15.5% | +27.8% | +15.6% |
| 2021 | +4.3% | -12.4% | +26.5% |
| 2020 | -5.3% | +17.0% | +12.4% |
| 2019 | +4.2% | +9.6% | +53.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jacks Family Fund 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 Jacks Family Fund 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Jacks Family Fund
Is Jacks Family Fund a legitimate charity?
Jacks Family Fund (EIN: 820715470) is a registered tax-exempt nonprofit based in Alabama. It has 6 years of IRS 990 filings on record. Total revenue: $598K. No red flags identified. Financial health grade: A.
How does Jacks Family Fund spend its money?
Jacks Family Fund reported $598K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jacks Family Fund tax-deductible?
Jacks Family Fund is registered as a tax-exempt nonprofit (EIN: 820715470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jacks Family Fund located?
Jacks Family Fund is headquartered in Birmingham, Alabama and files with the IRS under EIN 820715470. It is classified under NTEE code P60.
How many years of IRS 990 filings does Jacks Family Fund have?
Jacks Family Fund has 6 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 $598K in total revenue.
Filing History
IRS 990 filing history for Jacks Family Fund showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Jacks Family Fund's revenue has grown by 20%, moving from $464K to $557K. Total assets increased by 180.9% over the same period, from $222K to $624K. Total functional expenses rose by 46.8%, from $333K to $489K. In its most recent filing year (2023), Jacks Family Fund reported a surplus of $68K, with revenue exceeding expenses. The organization holds $9K in liabilities against $624K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $616K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $557K | $489K | $624K | $9K | — | — |
| 2022 | $552K | $479K | $560K | $12K | — | View 990 |
| 2021 | $478K | $374K | $484K | $9K | — | View 990 |
| 2020 | $458K | $427K | $383K | $11K | — | View 990 |
| 2019 | $483K | $365K | $341K | $0 | — | View 990 |
| 2018 | $464K | $333K | $222K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $557K, expenses of $489K, and assets of $624K (revenue +0.9% year-over-year).
- 2022: Revenue of $552K, expenses of $479K, and assets of $560K (revenue +15.5% year-over-year).
- 2021: Revenue of $478K, expenses of $374K, and assets of $484K (revenue +4.3% year-over-year).
- 2020: Revenue of $458K, expenses of $427K, and assets of $383K (revenue -5.3% year-over-year).
- 2019: Revenue of $483K, expenses of $365K, and assets of $341K (revenue +4.2% year-over-year).
- 2018: Revenue of $464K, expenses of $333K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jacks Family Fund:
Data Sources and Methodology
This transparency report for Jacks Family Fund 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.