Jarrell Foundation
Jarrell Foundation's assets decline by 23% over a decade due to consistent spending exceeding revenue.
EIN: 208083138 · Florence, SC · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15K |
| Total Expenses | $20K |
| Program Spending | 75% |
| Net Assets | $452K |
| Transparency Score | 55/100 |
Is Jarrell Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jarrell Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jarrell Foundation
Jarrell Foundation (EIN: 208083138) is a nonprofit organization based in Florence, SC, classified under NTEE code T22. The organization reported total revenue of $15K and total assets of $435K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jarrell Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jarrell Foundation is a micro nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $20K |
| Surplus / Deficit | $-7,736 |
| Total Assets | $452K |
| Total Liabilities | $1 |
| Net Assets | $452K |
| Operating Margin | -61.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 265.7 months |
Financial Health Grade: B
In 2023, Jarrell Foundation reported a deficit of $8K with expenses exceeding revenue, holds 265.7 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), Jarrell Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.6% | +108.2% | -1.7% |
| 2022 | -8.1% | -67.4% | +0.1% |
| 2021 | +81.2% | +2.2% | -4.0% |
| 2020 | -36.0% | -0.8% | -4.7% |
| 2019 | -64.0% | +17.5% | -11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Jarrell Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Jarrell Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Jarrell Foundation reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is a positive sign for resource utilization relative to its size and declining revenue.
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 Jarrell Foundation's IRS 990 filings:
- Consistent operating deficits: Expenses frequently exceed revenue (e.g., $20,406 expenses vs. $12,670 revenue in 2023).
- Declining asset base: Assets have decreased from $563,380 in 2015 to $435,028 currently.
- Lack of detailed expense breakdown: Difficulty in assessing spending efficiency without knowing program vs. admin/fundraising costs.
Strengths
The following positive indicators were identified for Jarrell Foundation:
- No officer compensation: 0% officer compensation across all filings indicates efficient use of funds not for executive salaries.
- Low liabilities: Consistently reports minimal liabilities ($1 or $0), indicating a healthy balance sheet in this regard.
Frequently Asked Questions about Jarrell Foundation
Is Jarrell Foundation a legitimate charity?
Jarrell Foundation (EIN: 208083138) is a registered tax-exempt nonprofit based in South Carolina. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $15K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Jarrell Foundation spend its money?
Jarrell Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Jarrell Foundation tax-deductible?
Jarrell Foundation is registered as a tax-exempt nonprofit (EIN: 208083138). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jarrell Foundation's spending goes to programs?
Jarrell Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jarrell Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Jarrell Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jarrell Foundation located?
Jarrell Foundation is headquartered in Florence, South Carolina and files with the IRS under EIN 208083138. It is classified under NTEE code T22.
How many years of IRS 990 filings does Jarrell Foundation have?
Jarrell Foundation has 10 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 $15K in total revenue.
Is Jarrell Foundation financially sustainable given its consistent operating deficits?
The Jarrell Foundation has consistently spent more than its revenue in recent years (e.g., $20,406 expenses vs. $12,670 revenue in 2023), leading to a decline in assets from $563,380 in 2015 to $435,028 currently. This trend suggests a lack of financial sustainability if not addressed.
What are the primary drivers of the Jarrell Foundation's expenses?
Without a detailed breakdown of expenses beyond total figures, it's impossible to definitively state the primary drivers. However, given the consistent deficits, understanding whether these are program-related or administrative costs is crucial for evaluating efficiency.
How does the Jarrell Foundation plan to reverse its declining asset trend?
The provided data does not include strategic plans. However, the foundation's assets have decreased by over $100,000 since 2015, indicating a need for a strategy to increase revenue or reduce expenses to maintain its asset base.
What specific programs does the Jarrell Foundation fund with its assets?
The NTEE code T22 indicates the foundation is involved in 'Foundations, Grantmaking & Giving Programs.' However, the provided financial data does not detail the specific programs or grants it supports.
Filing History
IRS 990 filing history for Jarrell Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jarrell Foundation's revenue has declined by 65.7%, moving from $37K to $13K. Total assets decreased by 17.5% over the same period, from $548K to $452K. Total functional expenses fell by 8.1%, from $22K to $20K. In its most recent filing year (2023), Jarrell Foundation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $452K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $452K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13K | $20K | $452K | $1 | — | — |
| 2022 | $10K | $10K | $460K | $1 | — | — |
| 2021 | $11K | $30K | $459K | $1 | — | — |
| 2020 | $6K | $29K | $478K | $1 | — | — |
| 2019 | $10K | $30K | $502K | $1 | — | View 990 |
| 2015 | $26K | $25K | $563K | $0 | — | View 990 |
| 2014 | $17K | $25K | $562K | $0 | — | View 990 |
| 2013 | $32K | $23K | $570K | $0 | — | View 990 |
| 2012 | $34K | $21K | $560K | $0 | — | View 990 |
| 2011 | $37K | $22K | $548K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13K, expenses of $20K, and assets of $452K (revenue +24.6% year-over-year).
- 2022: Revenue of $10K, expenses of $10K, and assets of $460K (revenue -8.1% year-over-year).
- 2021: Revenue of $11K, expenses of $30K, and assets of $459K (revenue +81.2% year-over-year).
- 2020: Revenue of $6K, expenses of $29K, and assets of $478K (revenue -36.0% year-over-year).
- 2019: Revenue of $10K, expenses of $30K, and assets of $502K (revenue -64.0% year-over-year).
- 2015: Revenue of $26K, expenses of $25K, and assets of $563K (revenue +51.5% year-over-year).
- 2014: Revenue of $17K, expenses of $25K, and assets of $562K (revenue -44.8% year-over-year).
- 2013: Revenue of $32K, expenses of $23K, and assets of $570K (revenue -7.2% year-over-year).
- 2012: Revenue of $34K, expenses of $21K, and assets of $560K (revenue -7.5% year-over-year).
- 2011: Revenue of $37K, expenses of $22K, and assets of $548K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jarrell Foundation:
Data Sources and Methodology
This transparency report for Jarrell 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.