Jephson Educational Tr 2
Jephson Educational Tr 2 consistently operates at a deficit, drawing down assets over the past decade.
EIN: 136777236 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.6M |
| Total Expenses | $658K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $8 |
| Net Assets | $8.5M |
| Transparency Score | 65/100 |
Is Jephson Educational Tr 2 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jephson Educational Tr 2 directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jephson Educational Tr 2
Jephson Educational Tr 2 (EIN: 136777236) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $9.6M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jephson Educational Tr 2's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jephson Educational Tr 2 is a mid-size nonprofit that has been operating for 46 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $552K |
| Total Expenses | $658K |
| Surplus / Deficit | $-105,911 |
| Total Assets | $8.5M |
| Total Liabilities | $1 |
| Net Assets | $8.5M |
| Operating Margin | -19.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 155.1 months |
Financial Health Grade: B
In 2023, Jephson Educational Tr 2 reported a deficit of $106K with expenses exceeding revenue, holds 155.1 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), Jephson Educational Tr 2's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.7% | -1.1% | -1.2% |
| 2022 | +13.8% | +5.3% | -2.1% |
| 2021 | +19.4% | +1.4% | -2.4% |
| 2020 | -44.3% | -0.5% | -2.9% |
| 2019 | +7.0% | -5.1% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Jephson Educational Tr 2 with a Mission Score of 65 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: 75%
- fundraising: 10%
According to IRS 990 filings, Jephson Educational Tr 2 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 $106K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Jephson Educational Tr 2 consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through mechanisms not categorized as officer compensation on the 990, which is unusual for an organization with over $8 million in assets.
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 Jephson Educational Tr 2's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue in all reported years, e.g., $657,816 expenses vs. $551,905 revenue in 2023).
- Gradual decline in assets over time (from $9,742,993 in 2011 to $8,502,044 in 2023).
- Unusual and consistent reporting of $1 in liabilities across multiple years.
Strengths
The following positive indicators were identified for Jephson Educational Tr 2:
- Substantial asset base ($8,445,948 latest reported assets).
- Consistent IRS 990 filing history, indicating regulatory compliance.
- No reported officer compensation, suggesting a potentially volunteer-led or highly efficient leadership structure.
Frequently Asked Questions about Jephson Educational Tr 2
Is Jephson Educational Tr 2 a legitimate charity?
Jephson Educational Tr 2 (EIN: 136777236) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $9.6M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Jephson Educational Tr 2 spend its money?
Jephson Educational Tr 2 directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Jephson Educational Tr 2 tax-deductible?
Jephson Educational Tr 2 is registered as a tax-exempt nonprofit (EIN: 136777236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jephson Educational Tr 2 CEO make?
Jephson Educational Tr 2's highest-compensated officer earns $8 annually. The organization reported $9.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Jephson Educational Tr 2's spending goes to programs?
Jephson Educational Tr 2 directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Jephson Educational Tr 2 located?
Jephson Educational Tr 2 is headquartered in Chicago, Illinois and files with the IRS under EIN 136777236.
How many years of IRS 990 filings does Jephson Educational Tr 2 have?
Jephson Educational Tr 2 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 $9.6M in total revenue.
How does Jephson Educational Tr 2 cover its consistent operational deficits?
The organization consistently spends more than its annual revenue, for example, $657,816 in expenses against $551,905 in revenue in 2023. This suggests it is drawing down from its substantial asset base, which has decreased from $9,742,993 in 2011 to $8,502,044 in 2023.
What is the nature of the organization's liabilities, consistently reported as $1?
The consistent reporting of $1 in liabilities across multiple years (e.g., 2023, 2022, 2021) is unusual and may indicate a placeholder or a specific accounting practice that warrants further investigation to understand the organization's true financial obligations.
What are the specific programs and activities funded by Jephson Educational Tr 2?
Without detailed program expense breakdowns, it's unclear how the organization's expenses, such as the $657,816 in 2023, are allocated to its educational mission.
Why is no officer compensation reported for an organization with over $8 million in assets?
The consistent reporting of 0% officer compensation across all filings is notable for an organization of this size and suggests either a fully volunteer leadership or that compensation is structured in a way not captured in this specific 990 field.
Filing History
IRS 990 filing history for Jephson Educational Tr 2 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jephson Educational Tr 2's revenue has grown by 24.7%, moving from $443K to $552K. Total assets decreased by 12.7% over the same period, from $9.7M to $8.5M. Total functional expenses rose by 22.8%, from $536K to $658K. In its most recent filing year (2023), Jephson Educational Tr 2 reported a deficit of $106K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $552K | $658K | $8.5M | $1 | — | View 990 |
| 2022 | $477K | $665K | $8.6M | $1 | — | View 990 |
| 2021 | $419K | $632K | $8.8M | $1 | — | View 990 |
| 2020 | $351K | $623K | $9.0M | $1 | — | View 990 |
| 2019 | $630K | $626K | $9.3M | $1 | — | View 990 |
| 2015 | $589K | $660K | $9.7M | $0 | — | View 990 |
| 2014 | $676K | $606K | $9.8M | $0 | — | View 990 |
| 2013 | $479K | $590K | $9.7M | $0 | — | View 990 |
| 2012 | $711K | $620K | $9.8M | $0 | — | View 990 |
| 2011 | $443K | $536K | $9.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $552K, expenses of $658K, and assets of $8.5M (revenue +15.7% year-over-year).
- 2022: Revenue of $477K, expenses of $665K, and assets of $8.6M (revenue +13.8% year-over-year).
- 2021: Revenue of $419K, expenses of $632K, and assets of $8.8M (revenue +19.4% year-over-year).
- 2020: Revenue of $351K, expenses of $623K, and assets of $9.0M (revenue -44.3% year-over-year).
- 2019: Revenue of $630K, expenses of $626K, and assets of $9.3M (revenue +7.0% year-over-year).
- 2015: Revenue of $589K, expenses of $660K, and assets of $9.7M (revenue -12.9% year-over-year).
- 2014: Revenue of $676K, expenses of $606K, and assets of $9.8M (revenue +41.0% year-over-year).
- 2013: Revenue of $479K, expenses of $590K, and assets of $9.7M (revenue -32.6% year-over-year).
- 2012: Revenue of $711K, expenses of $620K, and assets of $9.8M (revenue +60.7% year-over-year).
- 2011: Revenue of $443K, expenses of $536K, and assets of $9.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jephson Educational Tr 2:
Data Sources and Methodology
This transparency report for Jephson Educational Tr 2 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.