Jefferson Chamber Foundation
Jefferson Chamber Foundation experiences significant revenue and expense fluctuations with no reported officer compensation.
EIN: 205740978 · Metairie, LA · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $132K |
| Total Expenses | $107K |
| Program Spending | 80% |
| Net Assets | $151K |
| Transparency Score | 75/100 |
Is Jefferson Chamber Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jefferson Chamber Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jefferson Chamber Foundation
Jefferson Chamber Foundation (EIN: 205740978) is a nonprofit organization based in Metairie, LA, classified under NTEE code B60. The organization reported total revenue of $132K and total assets of $202K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jefferson Chamber Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jefferson Chamber Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $97K |
| Total Expenses | $107K |
| Surplus / Deficit | $-10,888 |
| Total Assets | $151K |
| Net Assets | $151K |
| Operating Margin | -11.3% |
| Months of Reserves | 16.9 months |
Financial Health Grade: B
In 2023, Jefferson Chamber Foundation reported a deficit of $11K with expenses exceeding revenue, holds 16.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Jefferson Chamber Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -68.7% | -76.7% | -6.7% |
| 2022 | -40.1% | +32.6% | -49.2% |
| 2021 | +741.5% | +265.1% | +107.9% |
| 2020 | -48.2% | -11.7% | -16.0% |
| 2019 | -26.8% | -25.2% | +2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
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 Jefferson Chamber Foundation with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Jefferson Chamber Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $11K, with expenses exceeding revenue.
Executive Compensation Analysis
The Jefferson Chamber Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries. This suggests a strong commitment to directing resources towards the organization's mission rather than executive pay.
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 Jefferson Chamber Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $515,503 in 2021 to $96,593 in 2023)
- Expenses exceeding revenue in multiple recent periods (e.g., 2022 and 2023)
- Asset base has decreased significantly from its peak in 2021 ($319,435 to $151,398 in 2023)
Strengths
The following positive indicators were identified for Jefferson Chamber Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
- No reported liabilities in the two most recent filing periods (2022 and 2023), suggesting good short-term financial management.
- Maintains a healthy asset base relative to its annual expenses in most years.
Frequently Asked Questions about Jefferson Chamber Foundation
Is Jefferson Chamber Foundation a legitimate charity?
Jefferson Chamber Foundation (EIN: 205740978) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $132K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Jefferson Chamber Foundation spend its money?
Jefferson Chamber Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jefferson Chamber Foundation tax-deductible?
Jefferson Chamber Foundation is registered as a tax-exempt nonprofit (EIN: 205740978). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jefferson Chamber Foundation's spending goes to programs?
Jefferson Chamber Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jefferson Chamber Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Jefferson Chamber Foundation is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jefferson Chamber Foundation located?
Jefferson Chamber Foundation is headquartered in Metairie, Louisiana and files with the IRS under EIN 205740978. It is classified under NTEE code B60.
How many years of IRS 990 filings does Jefferson Chamber Foundation have?
Jefferson Chamber 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 $132K in total revenue.
Is Jefferson Chamber Foundation financially stable given its fluctuating revenue?
The organization has experienced significant revenue fluctuations, from a high of $515,503 in 2021 to a low of $61,259 in 2020 and $96,593 in 2023. While assets have generally remained above $150,000, the inconsistency in revenue and periods where expenses exceeded revenue (e.g., 2022 and 2023) suggest potential challenges in long-term financial stability without consistent funding sources.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation means that all funds are theoretically available for program delivery, administrative costs, or fundraising efforts, rather than executive salaries. This can be a positive sign for donors looking for organizations that maximize direct mission spending.
What caused the significant drop in revenue from 2021 to 2023?
The provided data shows a substantial decrease in revenue from $515,503 in 2021 to $96,593 in 2023. Without further details from the IRS 990 filings, the specific reasons for this decline (e.g., loss of grants, reduced donations, changes in program activities) cannot be determined.
Are the organization's assets sufficient to cover potential liabilities?
In recent years (2022 and 2023), the organization reported $0 in liabilities, while holding assets of $162,286 and $151,398 respectively. This indicates a strong position to cover any immediate financial obligations, though past years did show some liabilities.
Filing History
IRS 990 filing history for Jefferson Chamber Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jefferson Chamber Foundation's revenue has declined by 18.4%, moving from $118K to $97K. Total assets increased by 118% over the same period, from $69K to $151K. Total functional expenses rose by 6.5%, from $101K to $107K. In its most recent filing year (2023), Jefferson Chamber Foundation reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $97K | $107K | $151K | $0 | — | — |
| 2022 | $309K | $462K | $162K | $0 | — | — |
| 2021 | $516K | $348K | $319K | $4K | — | View 990 |
| 2020 | $61K | $95K | $154K | $5K | — | View 990 |
| 2019 | $118K | $108K | $183K | $0 | — | View 990 |
| 2018 | $162K | $145K | $178K | $5K | — | View 990 |
| 2017 | $98K | $112K | $161K | $5K | — | View 990 |
| 2016 | $90K | $83K | $175K | $5K | — | View 990 |
| 2015 | $228K | $225K | $167K | $5K | — | View 990 |
| 2014 | $306K | $199K | $176K | $16K | — | View 990 |
| 2013 | $75K | $57K | $64K | $11K | — | View 990 |
| 2012 | $121K | $102K | $47K | $11K | — | View 990 |
| 2011 | $118K | $101K | $69K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97K, expenses of $107K, and assets of $151K (revenue -68.7% year-over-year).
- 2022: Revenue of $309K, expenses of $462K, and assets of $162K (revenue -40.1% year-over-year).
- 2021: Revenue of $516K, expenses of $348K, and assets of $319K (revenue +741.5% year-over-year).
- 2020: Revenue of $61K, expenses of $95K, and assets of $154K (revenue -48.2% year-over-year).
- 2019: Revenue of $118K, expenses of $108K, and assets of $183K (revenue -26.8% year-over-year).
- 2018: Revenue of $162K, expenses of $145K, and assets of $178K (revenue +64.1% year-over-year).
- 2017: Revenue of $98K, expenses of $112K, and assets of $161K (revenue +9.0% year-over-year).
- 2016: Revenue of $90K, expenses of $83K, and assets of $175K (revenue -60.4% year-over-year).
- 2015: Revenue of $228K, expenses of $225K, and assets of $167K (revenue -25.6% year-over-year).
- 2014: Revenue of $306K, expenses of $199K, and assets of $176K (revenue +310.5% year-over-year).
- 2013: Revenue of $75K, expenses of $57K, and assets of $64K (revenue -38.5% year-over-year).
- 2012: Revenue of $121K, expenses of $102K, and assets of $47K (revenue +2.4% year-over-year).
- 2011: Revenue of $118K, expenses of $101K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jefferson Chamber Foundation:
Data Sources and Methodology
This transparency report for Jefferson Chamber 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.