Jg Family Foundation
Jg Family Foundation shows strong asset growth and zero officer compensation over a decade of operations.
EIN: 133748049 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.9M |
| Total Expenses | $569K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $60 |
| Net Assets | $49.6M |
| Transparency Score | 90/100 |
Is Jg Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jg Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jg Family Foundation
Jg Family Foundation (EIN: 133748049) is a nonprofit organization based in New York, NY. The organization reported total revenue of $18.9M and total assets of $60.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jg Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jg Family Foundation is a large nonprofit that has been operating for 32 years, with 9 years of IRS 990 filings on record (2012–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $879K |
| Total Expenses | $569K |
| Surplus / Deficit | +$311K |
| Total Assets | $49.6M |
| Total Liabilities | $1 |
| Net Assets | $49.6M |
| Operating Margin | 35.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1046.7 months |
Financial Health Grade: A
In 2024, Jg Family Foundation reported a surplus of $311K with revenue exceeding expenses, holds 1046.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -87.0% | -87.7% | +0.6% |
| 2023 | -42.2% | +33.8% | +7.5% |
| 2022 | +178.8% | +35.5% | +15.8% |
| 2021 | +174.6% | +38.3% | +0.5% |
| 2020 | -29.2% | +43.4% | +114.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Jg Family Foundation with a Mission Score of 90 out of 100 (Excellent). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Jg Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $311K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with assets exceeding $60 million.
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 Jg Family Foundation's IRS 990 filings:
- NTEE Code is unknown, making it difficult to assess mission alignment and impact.
- Significant fluctuations in annual revenue, including a negative revenue year, could indicate reliance on volatile funding sources or investment income.
Strengths
The following positive indicators were identified for Jg Family Foundation:
- Consistent asset growth from $19.6M in 2012 to $60.7M currently, demonstrating strong financial management.
- Zero officer compensation reported across all filings, indicating high operational efficiency and potentially volunteer leadership.
- Minimal liabilities ($0 or $1) consistently reported, reflecting excellent financial stability.
- Consistent filing of IRS 990 forms over nine periods, indicating good transparency practices.
- Latest revenue of $18,857,655 is a substantial increase, providing significant resources for future activities.
Frequently Asked Questions about Jg Family Foundation
Is Jg Family Foundation a legitimate charity?
Jg Family Foundation (EIN: 133748049) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 9 years of IRS 990 filings on record. Total revenue: $18.9M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Jg Family Foundation spend its money?
Jg Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jg Family Foundation tax-deductible?
Jg Family Foundation is registered as a tax-exempt nonprofit (EIN: 133748049). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jg Family Foundation CEO make?
Jg Family Foundation's highest-compensated officer earns $60 annually. The organization reported $18.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Jg Family Foundation located?
Jg Family Foundation is headquartered in New York, New York and files with the IRS under EIN 133748049.
How many years of IRS 990 filings does Jg Family Foundation have?
Jg Family Foundation has 9 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 $18.9M in total revenue.
How does Jg Family Foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation on the 990, or that administrative functions are outsourced or covered by other entities. This is a significant factor in its operational efficiency.
What are the primary program areas or beneficiaries of the Jg Family Foundation's spending?
The provided data does not specify the NTEE code or detailed program expenditures, making it difficult to ascertain the specific areas where the foundation deploys its funds. Further investigation into the full 990 forms would be necessary to understand its programmatic focus.
What caused the significant revenue fluctuations, such as the negative revenue in 2012 and the high revenue in 2022 and 2024?
Revenue fluctuations, including negative revenue in 2012 (-$208,443) and peaks like $11,703,522 in 2022 and $18,857,655 currently, could be due to investment gains/losses, large one-time donations, or changes in funding strategies. Without more detailed financial statements, the exact causes remain unclear.
Filing History
IRS 990 filing history for Jg Family Foundation showing financial trends over 9 years of public records:
Total assets increased by 153% over the same period, from $19.6M to $49.6M. Total functional expenses fell by 49.2%, from $1.1M to $569K. In its most recent filing year (2024), Jg Family Foundation reported a surplus of $311K, with revenue exceeding expenses. The organization holds $1 in liabilities against $49.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $49.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $879K | $569K | $49.6M | $1 | — | View 990 |
| 2023 | $6.8M | $4.6M | $49.3M | $1 | — | View 990 |
| 2022 | $11.7M | $3.5M | $45.9M | $1 | — | View 990 |
| 2021 | $4.2M | $2.6M | $39.6M | $1 | — | View 990 |
| 2020 | $1.5M | $1.8M | $39.4M | $1 | — | View 990 |
| 2015 | $2.2M | $1.3M | $18.4M | $0 | — | View 990 |
| 2014 | $302K | $1.2M | $17.5M | $0 | — | View 990 |
| 2013 | $28K | $1.2M | $18.4M | $0 | — | View 990 |
| 2012 | $-208,443 | $1.1M | $19.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $879K, expenses of $569K, and assets of $49.6M (revenue -87.0% year-over-year).
- 2023: Revenue of $6.8M, expenses of $4.6M, and assets of $49.3M (revenue -42.2% year-over-year).
- 2022: Revenue of $11.7M, expenses of $3.5M, and assets of $45.9M (revenue +178.8% year-over-year).
- 2021: Revenue of $4.2M, expenses of $2.6M, and assets of $39.6M (revenue +174.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.8M, and assets of $39.4M (revenue -29.2% year-over-year).
- 2015: Revenue of $2.2M, expenses of $1.3M, and assets of $18.4M (revenue +615.4% year-over-year).
- 2014: Revenue of $302K, expenses of $1.2M, and assets of $17.5M (revenue +989.9% year-over-year).
- 2013: Revenue of $28K, expenses of $1.2M, and assets of $18.4M.
- 2012: Revenue of $-208,443, expenses of $1.1M, and assets of $19.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jg Family Foundation:
Data Sources and Methodology
This transparency report for Jg Family 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.