Jackson Heart Foundation
EIN: 270723542 · Jackson, MS · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $556K |
| Total Expenses | $196K |
| Net Assets | $1.0M |
Is Jackson Heart Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jackson Heart Foundation
Jackson Heart Foundation (EIN: 270723542) is a nonprofit organization based in Jackson, MS, classified under NTEE code B99. The organization reported total revenue of $556K and total assets of $559K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jackson Heart Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jackson Heart Foundation is a small nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $432K |
| Total Expenses | $196K |
| Surplus / Deficit | +$237K |
| Total Assets | $1.0M |
| Total Liabilities | $50 |
| Net Assets | $1.0M |
| Operating Margin | 54.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 62.0 months |
Financial Health Grade: A
In 2023, Jackson Heart Foundation reported a surplus of $237K with revenue exceeding expenses, holds 62.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Jackson Heart Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.5% | +2.4% | +30.6% |
| 2022 | +201.1% | -1.7% | +58.6% |
| 2021 | -58.3% | -62.6% | -5.4% |
| 2020 | +160.4% | +1508.5% | -20.8% |
| 2019 | -21.5% | +30.3% | +21.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jackson Heart 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 Jackson Heart 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $237K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Jackson Heart Foundation
Is Jackson Heart Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jackson Heart Foundation (EIN: 270723542) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jackson Heart Foundation spend its money?
Detailed spending breakdown data is not yet available for Jackson Heart Foundation. Check back for updated IRS 990 analysis.
Are donations to Jackson Heart Foundation tax-deductible?
Jackson Heart Foundation is registered as a tax-exempt nonprofit (EIN: 270723542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jackson Heart Foundation located?
Jackson Heart Foundation is headquartered in Jackson, Mississippi and files with the IRS under EIN 270723542. It is classified under NTEE code B99.
How many years of IRS 990 filings does Jackson Heart Foundation have?
Jackson Heart Foundation has 12 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 $556K in total revenue.
Filing History
IRS 990 filing history for Jackson Heart Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Jackson Heart Foundation's revenue has grown by 323%, moving from $102K to $432K. Total assets increased by 1496% over the same period, from $63K to $1.0M. Total functional expenses rose by 198.9%, from $65K to $196K. In its most recent filing year (2023), Jackson Heart Foundation reported a surplus of $237K, with revenue exceeding expenses. The organization holds $50 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $432K | $196K | $1.0M | $50 | — | View 990 |
| 2022 | $483K | $191K | $774K | $50 | — | View 990 |
| 2021 | $160K | $194K | $488K | $6K | — | View 990 |
| 2020 | $384K | $520K | $516K | $0 | — | View 990 |
| 2019 | $148K | $32K | $652K | $0 | — | View 990 |
| 2018 | $188K | $25K | $537K | $0 | — | View 990 |
| 2017 | $46K | $21K | $373K | $0 | — | View 990 |
| 2016 | $39K | $86K | $348K | $0 | — | View 990 |
| 2015 | $46K | $45K | $395K | $0 | — | View 990 |
| 2014 | $110K | $82K | $394K | $0 | — | View 990 |
| 2013 | $373K | $70K | $366K | $0 | — | View 990 |
| 2012 | $102K | $65K | $63K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $432K, expenses of $196K, and assets of $1.0M (revenue -10.5% year-over-year).
- 2022: Revenue of $483K, expenses of $191K, and assets of $774K (revenue +201.1% year-over-year).
- 2021: Revenue of $160K, expenses of $194K, and assets of $488K (revenue -58.3% year-over-year).
- 2020: Revenue of $384K, expenses of $520K, and assets of $516K (revenue +160.4% year-over-year).
- 2019: Revenue of $148K, expenses of $32K, and assets of $652K (revenue -21.5% year-over-year).
- 2018: Revenue of $188K, expenses of $25K, and assets of $537K (revenue +305.1% year-over-year).
- 2017: Revenue of $46K, expenses of $21K, and assets of $373K (revenue +18.3% year-over-year).
- 2016: Revenue of $39K, expenses of $86K, and assets of $348K (revenue -15.6% year-over-year).
- 2015: Revenue of $46K, expenses of $45K, and assets of $395K (revenue -57.8% year-over-year).
- 2014: Revenue of $110K, expenses of $82K, and assets of $394K (revenue -70.5% year-over-year).
- 2013: Revenue of $373K, expenses of $70K, and assets of $366K (revenue +264.7% year-over-year).
- 2012: Revenue of $102K, expenses of $65K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jackson Heart Foundation:
Data Sources and Methodology
This transparency report for Jackson Heart 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.