Jefferson Federal Charitable Foundation
Jefferson Federal Charitable Foundation's assets have declined by over 84% since 2012, with expenses consistently exceeding revenue.
EIN: 200083236 · Morristown, TN · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $226K |
| Total Expenses | $197K |
| Program Spending | 80% |
| Net Assets | $224K |
| Transparency Score | 55/100 |
Is Jefferson Federal Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jefferson Federal Charitable Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jefferson Federal Charitable Foundation
Jefferson Federal Charitable Foundation (EIN: 200083236) is a nonprofit organization based in Morristown, TN, classified under NTEE code T30. The organization reported total revenue of $226K and total assets of $439K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jefferson Federal Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jefferson Federal Charitable Foundation is a small nonprofit that has been operating for 22 years, with 5 years of IRS 990 filings on record (2012–2020). Revenue has grown at a compound annual rate of 257.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $197K |
| Surplus / Deficit | $-116,926 |
| Total Assets | $439K |
| Total Liabilities | $215K |
| Net Assets | $224K |
| Operating Margin | -145.4% |
| Debt-to-Asset Ratio | 49.0% |
| Months of Reserves | 26.7 months |
Financial Health Grade: B
In 2020, Jefferson Federal Charitable Foundation reported a deficit of $117K with expenses exceeding revenue, holds 26.7 months of operating reserves (strong position), has a debt-to-asset ratio of 49.0% (moderate leverage).
Financial Trends
Over 5 years of filings (2012–2020), Jefferson Federal Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 257.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +563.4% | -52.4% | -73.9% |
| 2015 | +32654.1% | +1819.8% | -18.5% |
| 2013 | -3998233.3% | -63.0% | -7.8% |
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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jefferson Federal Charitable 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: 80%
- fundraising: 5%
According to IRS 990 filings, Jefferson Federal Charitable 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $117K, with expenses exceeding revenue.
- Debt-to-asset ratio: 49.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not reported as officer compensation, which is a positive sign for minimizing administrative overhead.
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 Federal Charitable Foundation's IRS 990 filings:
- Significant and consistent decline in total assets from $2.8 million to $438,613.
- Expenses consistently exceeding revenue in multiple periods (e.g., $197,324 expenses vs. $80,398 revenue in 2020).
- Negative revenue reported in 2013 (-$119,944), indicating potential financial adjustments or losses.
- Substantial increase in liabilities to $215,000 in 2020 after years of negligible liabilities.
Strengths
The following positive indicators were identified for Jefferson Federal Charitable Foundation:
- 0% reported officer compensation across all filings, indicating efficient use of funds at the executive level.
- Long operational history, suggesting resilience despite financial challenges.
Frequently Asked Questions about Jefferson Federal Charitable Foundation
Is Jefferson Federal Charitable Foundation a legitimate charity?
Jefferson Federal Charitable Foundation (EIN: 200083236) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 55/100. It has 5 years of IRS 990 filings on record. Total revenue: $226K. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Jefferson Federal Charitable Foundation spend its money?
Jefferson Federal Charitable Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jefferson Federal Charitable Foundation tax-deductible?
Jefferson Federal Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 200083236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jefferson Federal Charitable Foundation's spending goes to programs?
Jefferson Federal Charitable Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jefferson Federal Charitable Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Jefferson Federal Charitable Foundation is near average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jefferson Federal Charitable Foundation located?
Jefferson Federal Charitable Foundation is headquartered in Morristown, Tennessee and files with the IRS under EIN 200083236. It is classified under NTEE code T30.
How many years of IRS 990 filings does Jefferson Federal Charitable Foundation have?
Jefferson Federal Charitable Foundation has 5 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 $226K in total revenue.
What caused the significant decline in assets from $2.8 million in 2012 to $438,613 in 2020?
The filings show consistent expenses exceeding revenue, suggesting the organization has been drawing down its principal assets to cover operational costs and program expenditures over time.
How does the organization plan to address the recurring deficit where expenses exceed revenue?
The filings do not provide a specific plan, but the trend indicates a need for increased fundraising or a reduction in expenses to achieve financial sustainability.
What is the nature of the $215,000 in liabilities reported in 2020, given the historical low liabilities?
The sudden increase in liabilities in 2020, compared to $1 in previous years, warrants further investigation to understand its source and impact on the foundation's financial health.
Filing History
IRS 990 filing history for Jefferson Federal Charitable Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2020), Jefferson Federal Charitable Foundation's revenue has grown by 2679833.3%, moving from $3 to $80K. Total assets decreased by 84.4% over the same period, from $2.8M to $439K. Total functional expenses rose by 292.1%, from $50K to $197K. In its most recent filing year (2020), Jefferson Federal Charitable Foundation reported a deficit of $117K, with expenses exceeding revenue. The organization holds $215K in liabilities against $439K in assets (debt-to-asset ratio: 49.0%), resulting in net assets of $224K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $80K | $197K | $439K | $215K | — | View 990 |
| 2015 | $12K | $414K | $1.7M | $1 | — | View 990 |
| 2014 | $37 | $22K | $2.1M | $1 | — | View 990 |
| 2013 | $-119,944 | $19K | $2.6M | $1 | — | View 990 |
| 2012 | $3 | $50K | $2.8M | $80K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $80K, expenses of $197K, and assets of $439K (revenue +563.4% year-over-year).
- 2015: Revenue of $12K, expenses of $414K, and assets of $1.7M (revenue +32654.1% year-over-year).
- 2014: Revenue of $37, expenses of $22K, and assets of $2.1M.
- 2013: Revenue of $-119,944, expenses of $19K, and assets of $2.6M (revenue -3998233.3% year-over-year).
- 2012: Revenue of $3, expenses of $50K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jefferson Federal Charitable Foundation:
Data Sources and Methodology
This transparency report for Jefferson Federal Charitable 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.