Job Foundation
Job Foundation faces financial challenges with consistent operating deficits and declining assets.
EIN: 203091308 · Cedar Falls, IA · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $475K |
| Total Expenses | $442K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $180K |
| Transparency Score | 60/100 |
Is Job Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Job Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Job Foundation
Job Foundation (EIN: 203091308) is a nonprofit organization based in Cedar Falls, IA, classified under NTEE code B82. The organization reported total revenue of $475K and total assets of $143K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Job Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Job Foundation is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $379K |
| Total Expenses | $442K |
| Surplus / Deficit | $-62,905 |
| Total Assets | $182K |
| Total Liabilities | $2K |
| Net Assets | $180K |
| Operating Margin | -16.6% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 4.9 months |
Financial Health Grade: B
In 2023, Job Foundation reported a deficit of $63K with expenses exceeding revenue, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Job Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.3% | +0.9% | -25.8% |
| 2022 | +2.7% | -2.0% | -18.5% |
| 2021 | -0.3% | +10.6% | -9.6% |
| 2020 | +6.0% | +10.8% | -4.1% |
| 2019 | +37.9% | +49.7% | +41.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Job Foundation with a Mission Score of 60 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, Job 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 $63K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This suggests a volunteer-led executive structure, which is commendable for maximizing funds for programs but may also present challenges in terms of professional management capacity for an organization with nearly $400,000 in annual expenses.
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 Job Foundation's IRS 990 filings:
- Consistent operating deficits (e.g., $441,648 expenses vs. $378,743 revenue in 2023).
- Declining asset base (from $347,153 in 2019 to $182,054 in 2023).
- Liabilities increasing in some recent years (e.g., $43,875 in 2021) after periods of zero liabilities.
Strengths
The following positive indicators were identified for Job Foundation:
- 0% officer compensation, indicating high dedication of funds to mission.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Significant growth in revenue and operations from 2014 to 2019.
Frequently Asked Questions about Job Foundation
Is Job Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Job Foundation (EIN: 203091308) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Job Foundation spend its money?
Job Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Job Foundation tax-deductible?
Job Foundation is registered as a tax-exempt nonprofit (EIN: 203091308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Job Foundation CEO make?
Job Foundation's highest-compensated officer earns $400,000 annually. The organization reported $475K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Job Foundation's spending goes to programs?
Job Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Job Foundation compare to similar nonprofits?
With a transparency score of 60/100 (Good), Job Foundation is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Job Foundation located?
Job Foundation is headquartered in Cedar Falls, Iowa and files with the IRS under EIN 203091308. It is classified under NTEE code B82.
How many years of IRS 990 filings does Job Foundation have?
Job Foundation has 12 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 $475K in total revenue.
Is Job Foundation financially sustainable?
Job Foundation's financial sustainability is questionable given its consistent operating deficits. In 2023, expenses ($441,648) exceeded revenue ($378,743), and this trend has been observed in the past three fiscal years. Their assets have also decreased from $347,153 in 2019 to $182,054 in 2023, indicating they are using reserves to cover shortfalls.
How has Job Foundation's financial health changed over time?
Job Foundation experienced significant growth in revenue and assets from 2014 to 2019, with assets peaking at $347,153. However, since 2020, the organization has consistently spent more than it earned, leading to a decline in assets to $182,054 by 2023 and indicating a deteriorating financial position.
What is the impact of 0% officer compensation?
The 0% officer compensation means that no salaries are paid to executives, which allows more funds to be directed towards programs. While this is positive for program funding, it also suggests a reliance on volunteer leadership, which may impact professional management and strategic planning for an organization of its size.
Filing History
IRS 990 filing history for Job Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Job Foundation's revenue has grown by 288.5%, moving from $97K to $379K. Total assets increased by 121.8% over the same period, from $82K to $182K. Total functional expenses rose by 481.5%, from $76K to $442K. In its most recent filing year (2023), Job Foundation reported a deficit of $63K, with expenses exceeding revenue. The organization holds $2K in liabilities against $182K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $180K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $379K | $442K | $182K | $2K | — | View 990 |
| 2022 | $404K | $438K | $245K | $3K | — | View 990 |
| 2021 | $394K | $447K | $301K | $44K | — | View 990 |
| 2020 | $395K | $404K | $333K | $0 | — | View 990 |
| 2019 | $372K | $364K | $347K | $0 | — | View 990 |
| 2018 | $270K | $243K | $245K | $0 | — | View 990 |
| 2017 | $186K | $181K | $216K | $0 | — | View 990 |
| 2016 | $181K | $151K | $209K | $0 | — | View 990 |
| 2015 | $51K | $44K | $186K | $0 | — | View 990 |
| 2014 | $117K | $72K | $179K | $0 | — | View 990 |
| 2013 | $117K | $67K | $134K | $0 | — | View 990 |
| 2012 | $97K | $76K | $82K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $379K, expenses of $442K, and assets of $182K (revenue -6.3% year-over-year).
- 2022: Revenue of $404K, expenses of $438K, and assets of $245K (revenue +2.7% year-over-year).
- 2021: Revenue of $394K, expenses of $447K, and assets of $301K (revenue -0.3% year-over-year).
- 2020: Revenue of $395K, expenses of $404K, and assets of $333K (revenue +6.0% year-over-year).
- 2019: Revenue of $372K, expenses of $364K, and assets of $347K (revenue +37.9% year-over-year).
- 2018: Revenue of $270K, expenses of $243K, and assets of $245K (revenue +45.4% year-over-year).
- 2017: Revenue of $186K, expenses of $181K, and assets of $216K (revenue +2.9% year-over-year).
- 2016: Revenue of $181K, expenses of $151K, and assets of $209K (revenue +255.5% year-over-year).
- 2015: Revenue of $51K, expenses of $44K, and assets of $186K (revenue -56.7% year-over-year).
- 2014: Revenue of $117K, expenses of $72K, and assets of $179K (revenue +0.1% year-over-year).
- 2013: Revenue of $117K, expenses of $67K, and assets of $134K (revenue +20.1% year-over-year).
- 2012: Revenue of $97K, expenses of $76K, and assets of $82K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Job Foundation:
Data Sources and Methodology
This transparency report for Job 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.