Jimmy Rane Foundation
EIN: 631269625 · Abbeville, AL · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $3.7M |
| Total Expenses | $1.6M |
| Net Assets | $7.4M |
Is Jimmy Rane Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jimmy Rane Foundation
Jimmy Rane Foundation (EIN: 631269625) is a nonprofit organization based in Abbeville, AL, classified under NTEE code P99. The organization reported total revenue of $3.7M and total assets of $8.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jimmy Rane Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jimmy Rane Foundation is a mid-size nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$721K |
| Total Assets | $7.4M |
| Net Assets | $7.4M |
| Operating Margin | 31.0% |
| Months of Reserves | 54.9 months |
Financial Health Grade: A
In 2024, Jimmy Rane Foundation reported a surplus of $721K with revenue exceeding expenses, holds 54.9 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Jimmy Rane Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +67.8% | +20.2% | +10.9% |
| 2023 | -26.4% | +21.6% | +0.8% |
| 2022 | +16.1% | +88.3% | +13.6% |
| 2021 | +57.6% | +0.6% | +21.9% |
| 2020 | -25.8% | -40.2% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jimmy Rane Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jimmy Rane Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $721K, with revenue exceeding expenses.
Frequently Asked Questions about Jimmy Rane Foundation
Is Jimmy Rane Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jimmy Rane Foundation (EIN: 631269625) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jimmy Rane Foundation spend its money?
Detailed spending breakdown data is not yet available for Jimmy Rane Foundation. Check back for updated IRS 990 analysis.
Are donations to Jimmy Rane Foundation tax-deductible?
Jimmy Rane Foundation is registered as a tax-exempt nonprofit (EIN: 631269625). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jimmy Rane Foundation located?
Jimmy Rane Foundation is headquartered in Abbeville, Alabama and files with the IRS under EIN 631269625. It is classified under NTEE code P99.
How many years of IRS 990 filings does Jimmy Rane Foundation have?
Jimmy Rane Foundation has 14 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 $3.7M in total revenue.
Filing History
IRS 990 filing history for Jimmy Rane Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Jimmy Rane Foundation's revenue has grown by 184.9%, moving from $817K to $2.3M. Total assets increased by 168.4% over the same period, from $2.7M to $7.4M. Total functional expenses rose by 194.3%, from $546K to $1.6M. In its most recent filing year (2024), Jimmy Rane Foundation reported a surplus of $721K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.3M | $1.6M | $7.4M | $0 | — | View 990 |
| 2023 | $1.4M | $1.3M | $6.6M | $0 | — | View 990 |
| 2022 | $1.9M | $1.1M | $6.6M | $0 | — | View 990 |
| 2021 | $1.6M | $584K | $5.8M | $0 | — | View 990 |
| 2020 | $1.0M | $580K | $4.8M | $0 | — | View 990 |
| 2019 | $1.4M | $970K | $4.3M | $0 | — | View 990 |
| 2018 | $1.1M | $936K | $3.9M | $0 | — | View 990 |
| 2017 | $1.3M | $862K | $3.7M | $0 | — | View 990 |
| 2016 | $915K | $914K | $3.3M | $0 | — | View 990 |
| 2015 | $981K | $799K | $3.3M | $0 | — | View 990 |
| 2014 | $823K | $762K | $3.1M | $0 | — | View 990 |
| 2013 | $815K | $700K | $3.1M | $0 | — | View 990 |
| 2012 | $844K | $637K | $2.9M | $0 | — | View 990 |
| 2011 | $817K | $546K | $2.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.3M, expenses of $1.6M, and assets of $7.4M (revenue +67.8% year-over-year).
- 2023: Revenue of $1.4M, expenses of $1.3M, and assets of $6.6M (revenue -26.4% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.1M, and assets of $6.6M (revenue +16.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $584K, and assets of $5.8M (revenue +57.6% year-over-year).
- 2020: Revenue of $1.0M, expenses of $580K, and assets of $4.8M (revenue -25.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $970K, and assets of $4.3M (revenue +24.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $936K, and assets of $3.9M (revenue -11.1% year-over-year).
- 2017: Revenue of $1.3M, expenses of $862K, and assets of $3.7M (revenue +37.8% year-over-year).
- 2016: Revenue of $915K, expenses of $914K, and assets of $3.3M (revenue -6.8% year-over-year).
- 2015: Revenue of $981K, expenses of $799K, and assets of $3.3M (revenue +19.2% year-over-year).
- 2014: Revenue of $823K, expenses of $762K, and assets of $3.1M (revenue +1.1% year-over-year).
- 2013: Revenue of $815K, expenses of $700K, and assets of $3.1M (revenue -3.5% year-over-year).
- 2012: Revenue of $844K, expenses of $637K, and assets of $2.9M (revenue +3.2% year-over-year).
- 2011: Revenue of $817K, expenses of $546K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jimmy Rane Foundation:
Data Sources and Methodology
This transparency report for Jimmy Rane 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.