Jolson Family Foundation
Jolson Family Foundation consistently directs 100% of reported expenses to programs with no officer compensation.
EIN: 200391079 · San Rafael, CA · NTEE: T22 · Updated: 2026-03-28
Is Jolson Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jolson Family Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jolson Family Foundation
Jolson Family Foundation (EIN: 200391079) is a nonprofit organization based in San Rafael, CA, classified under NTEE code T22. The organization reported total revenue of $6.8M and total assets of $16.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jolson Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jolson Family Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $719K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-291,250 |
| Total Assets | $13.6M |
| Total Liabilities | $1 |
| Net Assets | $13.6M |
| Operating Margin | -40.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 161.7 months |
Financial Health Grade: B
In 2023, Jolson Family Foundation reported a deficit of $291K with expenses exceeding revenue, holds 161.7 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), Jolson Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.4% | +9.5% | -0.6% |
| 2022 | -94.3% | +68.5% | -3.2% |
| 2021 | +3300.5% | +19.8% | +126.2% |
| 2020 | +67.0% | +12.5% | -3.2% |
| 2019 | -55.8% | -23.2% | +21.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Jolson Family Foundation with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Jolson Family Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $291K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Jolson Family Foundation reports 0% officer compensation across all available filings, indicating that no executives or officers are paid directly by the foundation, which is highly unusual for an organization of its asset size ($13,610,129 in 2023).
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 Jolson Family Foundation's IRS 990 filings:
- Highly variable annual revenue, making future income less predictable.
- Lack of detailed expense breakdown beyond 'Expenses' makes it difficult to fully understand program vs. indirect costs.
Strengths
The following positive indicators were identified for Jolson Family Foundation:
- 100% of reported expenses allocated to program services.
- Zero reported officer compensation across all filings.
- Consistently low liabilities, often reported as $1.
- Significant growth in assets over the past decade, from $5.4M to $13.6M.
- Extensive filing history (10 filings) demonstrating transparency.
Frequently Asked Questions about Jolson Family Foundation
Is Jolson Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jolson Family Foundation (EIN: 200391079) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Jolson Family Foundation spend its money?
Jolson Family Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jolson Family Foundation tax-deductible?
Jolson Family Foundation is registered as a tax-exempt nonprofit (EIN: 200391079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Jolson Family Foundation a good charity?
Based on the provided data, the Jolson Family Foundation appears to be a highly efficient charity, directing 100% of its reported expenses to program services and reporting no officer compensation. Its assets have also grown significantly over time, indicating financial stability.
How does Jolson Family Foundation manage its finances?
The foundation manages its finances by maintaining very low liabilities (often $1) and consistently allocating all reported expenses to program services. Its asset base has grown substantially, from $5,479,043 in 2011 to $13,610,129 in 2023, demonstrating effective asset management.
What is the trend in Jolson Family Foundation's revenue?
The foundation's revenue has been highly variable, with a peak of $8,448,719 in 2021, but also periods of lower revenue such as $148,790 in 2019 and $718,914 in 2023. This fluctuation suggests reliance on varied or inconsistent funding sources.
Filing History
IRS 990 filing history for Jolson Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jolson Family Foundation's revenue has grown by 104.4%, moving from $352K to $719K. Total assets increased by 148.4% over the same period, from $5.5M to $13.6M. Total functional expenses rose by 149.7%, from $405K to $1.0M. In its most recent filing year (2023), Jolson Family Foundation reported a deficit of $291K, with expenses exceeding revenue. The organization holds $1 in liabilities against $13.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $719K | $1.0M | $13.6M | $1 | — | View 990 |
| 2022 | $485K | $923K | $13.7M | $1 | — | View 990 |
| 2021 | $8.4M | $548K | $14.1M | $1 | — | View 990 |
| 2020 | $248K | $457K | $6.3M | $1 | — | View 990 |
| 2019 | $149K | $406K | $6.5M | $1 | — | — |
| 2015 | $337K | $529K | $5.3M | $1 | — | View 990 |
| 2014 | $509K | $396K | $5.4M | $155K | — | View 990 |
| 2013 | $51K | $400K | $5.3M | $170K | — | View 990 |
| 2012 | $459K | $358K | $5.5M | $0 | — | View 990 |
| 2011 | $352K | $405K | $5.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $719K, expenses of $1.0M, and assets of $13.6M (revenue +48.4% year-over-year).
- 2022: Revenue of $485K, expenses of $923K, and assets of $13.7M (revenue -94.3% year-over-year).
- 2021: Revenue of $8.4M, expenses of $548K, and assets of $14.1M (revenue +3300.5% year-over-year).
- 2020: Revenue of $248K, expenses of $457K, and assets of $6.3M (revenue +67.0% year-over-year).
- 2019: Revenue of $149K, expenses of $406K, and assets of $6.5M (revenue -55.8% year-over-year).
- 2015: Revenue of $337K, expenses of $529K, and assets of $5.3M (revenue -33.8% year-over-year).
- 2014: Revenue of $509K, expenses of $396K, and assets of $5.4M (revenue +892.4% year-over-year).
- 2013: Revenue of $51K, expenses of $400K, and assets of $5.3M (revenue -88.8% year-over-year).
- 2012: Revenue of $459K, expenses of $358K, and assets of $5.5M (revenue +30.6% year-over-year).
- 2011: Revenue of $352K, expenses of $405K, and assets of $5.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jolson Family Foundation:
Data Sources and Methodology
This transparency report for Jolson 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.