Jaggi Family Foundation
Jaggi Family Foundation shows volatile revenue, consistent operational deficits in recent years, and zero officer compensation.
EIN: 200132014 · Tucson, AZ · NTEE: T21 · Updated: 2026-03-28
Is Jaggi Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jaggi Family Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Jaggi Family Foundation
Jaggi Family Foundation (EIN: 200132014) is a nonprofit organization based in Tucson, AZ, classified under NTEE code T21. The organization reported total revenue of $228K and total assets of $922K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jaggi Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jaggi Family Foundation is a small nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $53K |
| Surplus / Deficit | $-29,664 |
| Total Assets | $877K |
| Total Liabilities | $1 |
| Net Assets | $877K |
| Operating Margin | -125.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 197.1 months |
Financial Health Grade: B
In 2023, Jaggi Family Foundation reported a deficit of $30K with expenses exceeding revenue, holds 197.1 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), Jaggi Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.0% | -47.0% | -3.3% |
| 2022 | -93.4% | -18.8% | -6.6% |
| 2019 | -25907.4% | +96.5% | -22.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Jaggi Family Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Jaggi Family Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Jaggi Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is a strong positive for financial efficiency and donor trust.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Jaggi Family Foundation's IRS 990 filings:
- Inconsistent and volatile revenue streams, including negative revenue in 2019 ($-189,426) and 2020 ($-44,300).
- Consistent operational deficits in recent years, with expenses exceeding revenue (e.g., 2023: $53,400 expenses vs. $23,736 revenue; 2022: $100,847 expenses vs. $37,088 revenue).
- General decline in assets from a peak of over $1.1 million in 2013-2014 to $921,951 currently, despite a recovery in 2021.
Strengths
The following positive indicators were identified for Jaggi Family Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency in executive pay.
- Consistently low liabilities (often $1), suggesting strong financial management regarding debt.
- Significant asset base of $921,951 provides a buffer against revenue volatility.
Frequently Asked Questions about Jaggi Family Foundation
Is Jaggi Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jaggi Family Foundation (EIN: 200132014) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Jaggi Family Foundation spend its money?
Jaggi Family Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jaggi Family Foundation tax-deductible?
Jaggi Family Foundation is registered as a tax-exempt nonprofit (EIN: 200132014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary source of the Jaggi Family Foundation's revenue, given its volatility?
The provided data shows significant revenue fluctuations, including negative figures in 2019 and 2020, and a large positive spike in 2021 ($563,439). This suggests a reliance on investment returns or large, infrequent contributions rather than consistent fundraising.
How does the Jaggi Family Foundation cover its expenses when revenue is consistently lower, as seen in 2023 ($23,736 revenue vs. $53,400 expenses) and 2022 ($37,088 revenue vs. $100,847 expenses)?
The foundation likely covers these deficits by drawing from its accumulated assets, which were $921,951 in the latest period, or from prior year surpluses, as evidenced by the significant revenue in 2021.
What are the specific program activities funded by the Jaggi Family Foundation?
The provided IRS 990 data does not detail specific program activities, only financial aggregates. Further investigation into the full 990 forms would be needed to understand its programmatic focus.
Is the Jaggi Family Foundation's asset base growing or shrinking over time?
The assets have fluctuated, peaking around $1.1 million in 2014 and 2013, then declining to $753,151 in 2020, before recovering to $970,408 in 2021 and settling at $921,951 in the latest period. This indicates a general downward trend from its peak, with some recent recovery.
Filing History
IRS 990 filing history for Jaggi Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jaggi Family Foundation's revenue has declined by 37.1%, moving from $38K to $24K. Total assets decreased by 17.8% over the same period, from $1.1M to $877K. Total functional expenses fell by 31.6%, from $78K to $53K. In its most recent filing year (2023), Jaggi Family Foundation reported a deficit of $30K, with expenses exceeding revenue. The organization holds $1 in liabilities against $877K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $877K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $53K | $877K | $1 | — | — |
| 2022 | $37K | $101K | $907K | $1 | — | View 990 |
| 2021 | $563K | $124K | $970K | $1 | — | View 990 |
| 2020 | $-44,300 | $54K | $753K | $222K | — | — |
| 2019 | $-189,426 | $142K | $814K | $185K | — | View 990 |
| 2015 | $734 | $73K | $1.1M | $1 | — | View 990 |
| 2014 | $17K | $71K | $1.1M | $1 | — | View 990 |
| 2013 | $114K | $59K | $1.2M | $1 | — | View 990 |
| 2012 | $116K | $75K | $1.1M | $1 | — | View 990 |
| 2011 | $38K | $78K | $1.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $53K, and assets of $877K (revenue -36.0% year-over-year).
- 2022: Revenue of $37K, expenses of $101K, and assets of $907K (revenue -93.4% year-over-year).
- 2021: Revenue of $563K, expenses of $124K, and assets of $970K.
- 2020: Revenue of $-44,300, expenses of $54K, and assets of $753K.
- 2019: Revenue of $-189,426, expenses of $142K, and assets of $814K (revenue -25907.4% year-over-year).
- 2015: Revenue of $734, expenses of $73K, and assets of $1.1M (revenue -95.6% year-over-year).
- 2014: Revenue of $17K, expenses of $71K, and assets of $1.1M (revenue -85.4% year-over-year).
- 2013: Revenue of $114K, expenses of $59K, and assets of $1.2M (revenue -2.3% year-over-year).
- 2012: Revenue of $116K, expenses of $75K, and assets of $1.1M (revenue +208.4% year-over-year).
- 2011: Revenue of $38K, expenses of $78K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jaggi Family Foundation:
Data Sources and Methodology
This transparency report for Jaggi 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.