Jockey Being Family Foundation Ltd
Jockey Being Family Foundation Ltd shows strong financial growth and efficient spending with no reported officer compensation.
EIN: 203980156 · Kenosha, WI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Program Spending | 90% |
| Net Assets | $5.8M |
| Transparency Score | 92/100 |
Is Jockey Being Family Foundation Ltd Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jockey Being Family Foundation Ltd directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jockey Being Family Foundation Ltd
Jockey Being Family Foundation Ltd (EIN: 203980156) is a nonprofit organization based in Kenosha, WI, classified under NTEE code T20. The organization reported total revenue of $1.5M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jockey Being Family Foundation Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jockey Being Family Foundation Ltd is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$68K |
| Total Assets | $5.8M |
| Total Liabilities | $1 |
| Net Assets | $5.8M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 48.6 months |
Financial Health Grade: A
In 2023, Jockey Being Family Foundation Ltd reported a surplus of $68K with revenue exceeding expenses, holds 48.6 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), Jockey Being Family Foundation Ltd's revenue has grown at a compound annual growth rate (CAGR) of 15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.8% | +70.8% | +1.2% |
| 2022 | -9.3% | +62.8% | +9.1% |
| 2021 | +53.3% | +30.9% | +21.7% |
| 2020 | -0.4% | -38.1% | +14.7% |
| 2019 | +375.6% | +341.6% | +219.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Jockey Being Family Foundation Ltd with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Jockey Being Family Foundation Ltd allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through an external entity, which significantly reduces 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.
Strengths
The following positive indicators were identified for Jockey Being Family Foundation Ltd:
- Strong and consistent revenue growth, from $269,720 in 2011 to $1,504,733 in 2023.
- Significant asset accumulation, growing from $1,154,832 in 2011 to $5,824,697 in 2023.
- Zero reported officer compensation across all filings, indicating efficient use of funds.
- Minimal liabilities reported, often $0 or $1, reflecting excellent financial stability.
- Consistent operating surpluses in recent years, such as $67,720 in 2023 ($1,504,733 revenue - $1,437,013 expenses).
Frequently Asked Questions about Jockey Being Family Foundation Ltd
Is Jockey Being Family Foundation Ltd a legitimate charity?
Jockey Being Family Foundation Ltd (EIN: 203980156) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Jockey Being Family Foundation Ltd spend its money?
Jockey Being Family Foundation Ltd directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Jockey Being Family Foundation Ltd tax-deductible?
Jockey Being Family Foundation Ltd is registered as a tax-exempt nonprofit (EIN: 203980156). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jockey Being Family Foundation Ltd's spending goes to programs?
Jockey Being Family Foundation Ltd directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jockey Being Family Foundation Ltd compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Jockey Being Family Foundation Ltd is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jockey Being Family Foundation Ltd located?
Jockey Being Family Foundation Ltd is headquartered in Kenosha, Wisconsin and files with the IRS under EIN 203980156. It is classified under NTEE code T20.
How many years of IRS 990 filings does Jockey Being Family Foundation Ltd have?
Jockey Being Family Foundation Ltd 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 $1.5M in total revenue.
Is Jockey Being Family Foundation Ltd a good charity?
Based on its financial data, Jockey Being Family Foundation Ltd appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a commitment to directing funds towards its mission, evidenced by 0% officer compensation and a high program spending ratio.
How has the organization's revenue grown over time?
The organization has experienced substantial revenue growth, increasing from $269,720 in 2011 to $1,504,733 in 2023, representing a significant upward trend over the past decade.
What is the trend in the organization's assets?
Assets have shown consistent and significant growth, rising from $1,154,832 in 2011 to $5,824,697 in 2023, indicating strong financial management and accumulation of resources.
Does the organization have significant liabilities?
No, the organization consistently reports minimal liabilities, often $0 or $1, across all available filings, indicating a very strong balance sheet and low financial risk.
Filing History
IRS 990 filing history for Jockey Being Family Foundation Ltd showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jockey Being Family Foundation Ltd's revenue has grown by 457.9%, moving from $270K to $1.5M. Total assets increased by 404.4% over the same period, from $1.2M to $5.8M. Total functional expenses rose by 1025.3%, from $128K to $1.4M. In its most recent filing year (2023), Jockey Being Family Foundation Ltd reported a surplus of $68K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.4M | $5.8M | $1 | — | View 990 |
| 2022 | $1.3M | $841K | $5.8M | $1 | — | View 990 |
| 2021 | $1.5M | $517K | $5.3M | $1 | — | View 990 |
| 2020 | $951K | $395K | $4.3M | $1 | — | View 990 |
| 2019 | $955K | $638K | $3.8M | $0 | — | View 990 |
| 2015 | $201K | $144K | $1.2M | $0 | — | View 990 |
| 2014 | $131K | $111K | $1.1M | $0 | — | View 990 |
| 2013 | $65K | $92K | $1.1M | $0 | — | View 990 |
| 2012 | $72K | $94K | $1.1M | $0 | — | View 990 |
| 2011 | $270K | $128K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.4M, and assets of $5.8M (revenue +13.8% year-over-year).
- 2022: Revenue of $1.3M, expenses of $841K, and assets of $5.8M (revenue -9.3% year-over-year).
- 2021: Revenue of $1.5M, expenses of $517K, and assets of $5.3M (revenue +53.3% year-over-year).
- 2020: Revenue of $951K, expenses of $395K, and assets of $4.3M (revenue -0.4% year-over-year).
- 2019: Revenue of $955K, expenses of $638K, and assets of $3.8M (revenue +375.6% year-over-year).
- 2015: Revenue of $201K, expenses of $144K, and assets of $1.2M (revenue +53.7% year-over-year).
- 2014: Revenue of $131K, expenses of $111K, and assets of $1.1M (revenue +101.8% year-over-year).
- 2013: Revenue of $65K, expenses of $92K, and assets of $1.1M (revenue -10.2% year-over-year).
- 2012: Revenue of $72K, expenses of $94K, and assets of $1.1M (revenue -73.3% year-over-year).
- 2011: Revenue of $270K, expenses of $128K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jockey Being Family Foundation Ltd:
Data Sources and Methodology
This transparency report for Jockey Being Family Foundation Ltd 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.