Jamie & Denise Jacob Family Foundation
EIN: 300232178 · Bloomfield Hills, MI · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $674K |
| Total Expenses | $3.8M |
| Net Assets | $29.2M |
Is Jamie & Denise Jacob Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jamie & Denise Jacob Family Foundation
Jamie & Denise Jacob Family Foundation (EIN: 300232178) is a nonprofit organization based in Bloomfield Hills, MI, classified under NTEE code T20. The organization reported total revenue of $674K and total assets of $27.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jamie & Denise Jacob Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jamie & Denise Jacob Family Foundation is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $3.8M |
| Surplus / Deficit | $-2,674,604 |
| Total Assets | $29.2M |
| Net Assets | $29.2M |
| Operating Margin | -229.0% |
| Months of Reserves | 91.2 months |
Financial Health Grade: B
In 2023, Jamie & Denise Jacob Family Foundation reported a deficit of $2.7M with expenses exceeding revenue, holds 91.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Jamie & Denise Jacob Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.8% | +17.0% | -11.0% |
| 2022 | -62.9% | +6.5% | -11.9% |
| 2021 | -38.3% | +71.2% | +35.7% |
| 2020 | -14.6% | +23.1% | +39.9% |
| 2019 | +916.4% | -21.1% | +124.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jamie & Denise Jacob Family 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 Jamie & Denise Jacob Family 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 deficit of $2.7M, with expenses exceeding revenue.
Frequently Asked Questions about Jamie & Denise Jacob Family Foundation
Is Jamie & Denise Jacob Family Foundation a legitimate charity?
Jamie & Denise Jacob Family Foundation (EIN: 300232178) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $674K. No red flags identified. Financial health grade: B.
How does Jamie & Denise Jacob Family Foundation spend its money?
Jamie & Denise Jacob Family Foundation reported $674K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jamie & Denise Jacob Family Foundation tax-deductible?
Jamie & Denise Jacob Family Foundation is registered as a tax-exempt nonprofit (EIN: 300232178). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jamie & Denise Jacob Family Foundation located?
Jamie & Denise Jacob Family Foundation is headquartered in Bloomfield Hills, Michigan and files with the IRS under EIN 300232178. It is classified under NTEE code T20.
How many years of IRS 990 filings does Jamie & Denise Jacob Family Foundation have?
Jamie & Denise Jacob Family Foundation 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 $674K in total revenue.
Filing History
IRS 990 filing history for Jamie & Denise Jacob Family Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jamie & Denise Jacob Family Foundation's revenue has grown by 11.9%, moving from $1.0M to $1.2M. Total assets increased by 2822.9% over the same period, from $999K to $29.2M. Total functional expenses rose by 6131.1%, from $62K to $3.8M. In its most recent filing year (2023), Jamie & Denise Jacob Family Foundation reported a deficit of $2.7M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $3.8M | $29.2M | $0 | — | View 990 |
| 2022 | $2.6M | $3.3M | $32.8M | $0 | — | View 990 |
| 2021 | $7.0M | $3.1M | $37.2M | $0 | — | View 990 |
| 2020 | $11.3M | $1.8M | $27.4M | $0 | — | View 990 |
| 2019 | $13.2M | $1.5M | $19.6M | $0 | — | View 990 |
| 2018 | $1.3M | $1.9M | $8.7M | $0 | — | View 990 |
| 2017 | $9.2M | $1.2M | $9.3M | $0 | — | View 990 |
| 2016 | $260K | $795K | $1.0M | $0 | — | View 990 |
| 2015 | $566K | $240K | $1.7M | $0 | — | View 990 |
| 2014 | $81K | $145K | $1.3M | $0 | — | View 990 |
| 2013 | $478K | $117K | $1.4M | $0 | — | View 990 |
| 2012 | $28K | $134K | $901K | $0 | — | View 990 |
| 2011 | $1.0M | $62K | $999K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $3.8M, and assets of $29.2M (revenue -54.8% year-over-year).
- 2022: Revenue of $2.6M, expenses of $3.3M, and assets of $32.8M (revenue -62.9% year-over-year).
- 2021: Revenue of $7.0M, expenses of $3.1M, and assets of $37.2M (revenue -38.3% year-over-year).
- 2020: Revenue of $11.3M, expenses of $1.8M, and assets of $27.4M (revenue -14.6% year-over-year).
- 2019: Revenue of $13.2M, expenses of $1.5M, and assets of $19.6M (revenue +916.4% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.9M, and assets of $8.7M (revenue -85.9% year-over-year).
- 2017: Revenue of $9.2M, expenses of $1.2M, and assets of $9.3M (revenue +3453.3% year-over-year).
- 2016: Revenue of $260K, expenses of $795K, and assets of $1.0M (revenue -54.0% year-over-year).
- 2015: Revenue of $566K, expenses of $240K, and assets of $1.7M (revenue +598.1% year-over-year).
- 2014: Revenue of $81K, expenses of $145K, and assets of $1.3M (revenue -83.1% year-over-year).
- 2013: Revenue of $478K, expenses of $117K, and assets of $1.4M (revenue +1623.4% year-over-year).
- 2012: Revenue of $28K, expenses of $134K, and assets of $901K (revenue -97.3% year-over-year).
- 2011: Revenue of $1.0M, expenses of $62K, and assets of $999K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jamie & Denise Jacob Family Foundation:
Data Sources and Methodology
This transparency report for Jamie & Denise Jacob 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.