Jamestown Community College Foundation Inc
Jamestown Community College Foundation maintains substantial assets despite fluctuating annual revenues and expenses.
EIN: 161191893 · Jamestown, NY · NTEE: B19 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.0M |
| Total Expenses | $4.0M |
| Program Spending | 85% |
| Net Assets | $27.3M |
| Transparency Score | 85/100 |
Is Jamestown Community College Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jamestown Community College Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jamestown Community College Foundation Inc
Jamestown Community College Foundation Inc (EIN: 161191893) is a nonprofit organization based in Jamestown, NY, classified under NTEE code B19. The organization reported total revenue of $8.0M and total assets of $29.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jamestown Community College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jamestown Community College Foundation Inc is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $4.0M |
| Surplus / Deficit | $-739,274 |
| Total Assets | $28.1M |
| Total Liabilities | $846K |
| Net Assets | $27.3M |
| Operating Margin | -22.7% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 84.4 months |
Financial Health Grade: B
In 2024, Jamestown Community College Foundation Inc reported a deficit of $739K with expenses exceeding revenue, holds 84.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Jamestown Community College Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +75.1% | +100.7% | +5.0% |
| 2023 | -55.7% | -5.7% | +4.1% |
| 2022 | +7.8% | +18.7% | -10.6% |
| 2021 | +379.4% | -2.7% | +20.9% |
| 2020 | -60.1% | -4.2% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Jamestown Community College Foundation Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Jamestown Community College Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $739K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that key executives may be volunteers or compensated through the college, which is a strong indicator of fiscal prudence and directs more funds towards the mission.
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 Jamestown Community College Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing period (202408), indicating a potential reliance on reserves or prior surpluses for operations.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Jamestown Community College Foundation Inc:
- Consistent growth in assets over the past decade, from $19,473,627 in 201508 to $29,804,544 currently, demonstrating strong financial management.
- Zero reported officer compensation across all filings, suggesting a highly efficient use of funds for executive leadership.
- Long history of IRS 990 filings (13 filings), indicating good compliance and transparency.
- Substantial asset base provides financial stability and capacity to support its mission.
Frequently Asked Questions about Jamestown Community College Foundation Inc
Is Jamestown Community College Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jamestown Community College Foundation Inc (EIN: 161191893) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Jamestown Community College Foundation Inc spend its money?
Jamestown Community College Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jamestown Community College Foundation Inc tax-deductible?
Jamestown Community College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161191893). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jamestown Community College Foundation Inc's spending goes to programs?
Jamestown Community College Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jamestown Community College Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jamestown Community College Foundation Inc is above average for NTEE category B19 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jamestown Community College Foundation Inc located?
Jamestown Community College Foundation Inc is headquartered in Jamestown, New York and files with the IRS under EIN 161191893. It is classified under NTEE code B19.
How many years of IRS 990 filings does Jamestown Community College Foundation Inc have?
Jamestown Community College Foundation Inc has 13 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 $8.0M in total revenue.
How does the foundation manage periods where expenses exceed revenue, such as in 202408 ($4,002,634 expenses vs. $3,263,360 revenue)?
The foundation likely draws upon its substantial asset base, which grew from $19,473,627 in 201508 to $29,804,544 currently, to cover operational deficits in years where expenses exceed revenue.
What is the specific allocation of expenses between program services, management/general, and fundraising?
Based on the available IRS 990 data, a detailed breakdown of these specific expense categories is not provided, making it difficult to precisely determine the allocation. However, the absence of officer compensation suggests a strong focus on programmatic spending.
What is the primary source of the foundation's revenue fluctuations?
Revenue fluctuations, ranging from $814,263 in 202008 to $4,206,878 in 202208, could be attributed to varying levels of donations, investment returns, or specific grant cycles, which are common for educational foundations.
Filing History
IRS 990 filing history for Jamestown Community College Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Jamestown Community College Foundation Inc's revenue has grown by 103.1%, moving from $1.6M to $3.3M. Total assets increased by 75.7% over the same period, from $16.0M to $28.1M. Total functional expenses rose by 205.9%, from $1.3M to $4.0M. In its most recent filing year (2024), Jamestown Community College Foundation Inc reported a deficit of $739K, with expenses exceeding revenue. The organization holds $846K in liabilities against $28.1M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $27.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.3M | $4.0M | $28.1M | $846K | — | View 990 |
| 2023 | $1.9M | $2.0M | $26.8M | $1.0M | — | View 990 |
| 2022 | $4.2M | $2.1M | $25.8M | $1.3M | — | View 990 |
| 2021 | $3.9M | $1.8M | $28.8M | $1.7M | — | View 990 |
| 2020 | $814K | $1.8M | $23.8M | $2.2M | — | View 990 |
| 2019 | $2.0M | $1.9M | $22.5M | $2.1M | — | View 990 |
| 2018 | $1.7M | $1.7M | $23.7M | $2.2M | — | View 990 |
| 2017 | $2.5M | $1.2M | $22.6M | $2.5M | — | View 990 |
| 2016 | $1.9M | $1.1M | $20.2M | $2.8M | — | View 990 |
| 2015 | $3.0M | $1.2M | $19.5M | $2.9M | — | View 990 |
| 2014 | $1.0M | $770K | $19.0M | $3.0M | — | View 990 |
| 2013 | $1.2M | $1.2M | $16.9M | $3.2M | — | View 990 |
| 2012 | $1.6M | $1.3M | $16.0M | $3.6M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.3M, expenses of $4.0M, and assets of $28.1M (revenue +75.1% year-over-year).
- 2023: Revenue of $1.9M, expenses of $2.0M, and assets of $26.8M (revenue -55.7% year-over-year).
- 2022: Revenue of $4.2M, expenses of $2.1M, and assets of $25.8M (revenue +7.8% year-over-year).
- 2021: Revenue of $3.9M, expenses of $1.8M, and assets of $28.8M (revenue +379.4% year-over-year).
- 2020: Revenue of $814K, expenses of $1.8M, and assets of $23.8M (revenue -60.1% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.9M, and assets of $22.5M (revenue +20.9% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.7M, and assets of $23.7M (revenue -31.7% year-over-year).
- 2017: Revenue of $2.5M, expenses of $1.2M, and assets of $22.6M (revenue +29.1% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.1M, and assets of $20.2M (revenue -35.5% year-over-year).
- 2015: Revenue of $3.0M, expenses of $1.2M, and assets of $19.5M (revenue +186.9% year-over-year).
- 2014: Revenue of $1.0M, expenses of $770K, and assets of $19.0M (revenue -12.4% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $16.9M (revenue -26.7% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.3M, and assets of $16.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jamestown Community College Foundation Inc:
Data Sources and Methodology
This transparency report for Jamestown Community College Foundation Inc 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.