Janet Stone Jones Foundation
Janet Stone Jones Foundation experiences recurring deficits and fluctuating assets despite consistent IRS filings.
EIN: 132988287 · Stamford, CT · Updated: 2026-03-28
Is Janet Stone Jones Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Janet Stone Jones Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Janet Stone Jones Foundation
Janet Stone Jones Foundation (EIN: 132988287) is a nonprofit organization based in Stamford, CT. The organization reported total revenue of $544K and total assets of $14K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Janet Stone Jones Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Janet Stone Jones Foundation is a small nonprofit that has been operating for 47 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $252K |
| Surplus / Deficit | $-36,997 |
| Total Assets | $26K |
| Total Liabilities | $1 |
| Net Assets | $26K |
| Operating Margin | -17.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2023, Janet Stone Jones Foundation reported a deficit of $37K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Janet Stone Jones Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.1% | +1.5% | -59.9% |
| 2022 | -47.4% | -9.5% | -46.6% |
| 2021 | -13.2% | +27.9% | +297.5% |
| 2020 | +35.5% | +22.9% | -68.4% |
| 2019 | +20.6% | -24.5% | +191.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Janet Stone Jones Foundation with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Janet Stone Jones Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization is likely volunteer-led or has a very lean, unpaid leadership structure, which is highly efficient for an organization of its size.
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 Janet Stone Jones Foundation's IRS 990 filings:
- Recurring operational deficits (e.g., 202312, 202212, 201412, 201212, 201112)
- Highly fluctuating asset base, from $119,814 in 202112 to $1 in 201212, indicating inconsistent financial reserves.
Strengths
The following positive indicators were identified for Janet Stone Jones Foundation:
- Consistent IRS 990 filing history (10 filings), demonstrating transparency and compliance.
- Zero officer compensation reported across all filings, indicating highly efficient executive leadership costs.
- Consistently low liabilities, suggesting good financial management of debt.
Frequently Asked Questions about Janet Stone Jones Foundation
Is Janet Stone Jones Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Janet Stone Jones Foundation (EIN: 132988287) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Janet Stone Jones Foundation spend its money?
Janet Stone Jones Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Janet Stone Jones Foundation tax-deductible?
Janet Stone Jones Foundation is registered as a tax-exempt nonprofit (EIN: 132988287). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Janet Stone Jones Foundation financially stable?
The foundation's financial stability is questionable, as expenses have exceeded revenue in multiple recent periods (e.g., 202312, 202212), and its asset base has fluctuated significantly, suggesting potential reliance on prior year reserves or inconsistent funding.
How does the foundation manage its administrative costs?
The foundation reports 0% officer compensation across all filings, indicating a very lean or volunteer-based executive structure. While this suggests low administrative costs, a full breakdown of other administrative expenses is needed for a complete assessment.
What is the trend in the foundation's revenue and expenses?
Revenue and expenses have both fluctuated over the years. In recent periods, expenses have often outpaced revenue, such as in 202312 ($251,547 expenses vs. $214,550 revenue) and 202212 ($247,787 expenses vs. $191,365 revenue), indicating a pattern of operating at a deficit.
Filing History
IRS 990 filing history for Janet Stone Jones Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Janet Stone Jones Foundation's revenue has declined by 50.7%, moving from $435K to $215K. Total assets increased by 2645.1% over the same period, from $935 to $26K. Total functional expenses fell by 42.6%, from $438K to $252K. In its most recent filing year (2023), Janet Stone Jones Foundation reported a deficit of $37K, with expenses exceeding revenue. The organization holds $1 in liabilities against $26K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $215K | $252K | $26K | $1 | — | — |
| 2022 | $191K | $248K | $64K | $1 | — | View 990 |
| 2021 | $363K | $274K | $120K | $1 | — | View 990 |
| 2020 | $419K | $214K | $30K | $1 | — | View 990 |
| 2019 | $309K | $174K | $95K | $1 | — | — |
| 2015 | $256K | $231K | $33K | $1 | — | View 990 |
| 2014 | $237K | $254K | $41K | $32K | — | View 990 |
| 2013 | $466K | $441K | $25K | $0 | — | View 990 |
| 2012 | $380K | $381K | $1 | $1 | — | View 990 |
| 2011 | $435K | $438K | $935 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $215K, expenses of $252K, and assets of $26K (revenue +12.1% year-over-year).
- 2022: Revenue of $191K, expenses of $248K, and assets of $64K (revenue -47.4% year-over-year).
- 2021: Revenue of $363K, expenses of $274K, and assets of $120K (revenue -13.2% year-over-year).
- 2020: Revenue of $419K, expenses of $214K, and assets of $30K (revenue +35.5% year-over-year).
- 2019: Revenue of $309K, expenses of $174K, and assets of $95K (revenue +20.6% year-over-year).
- 2015: Revenue of $256K, expenses of $231K, and assets of $33K (revenue +8.0% year-over-year).
- 2014: Revenue of $237K, expenses of $254K, and assets of $41K (revenue -49.1% year-over-year).
- 2013: Revenue of $466K, expenses of $441K, and assets of $25K (revenue +22.6% year-over-year).
- 2012: Revenue of $380K, expenses of $381K, and assets of $1 (revenue -12.6% year-over-year).
- 2011: Revenue of $435K, expenses of $438K, and assets of $935.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Janet Stone Jones Foundation:
Data Sources and Methodology
This transparency report for Janet Stone Jones 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.