Jones Day Foundation
EIN: 341570455 · Cleveland, OH
| Metric | Value |
|---|---|
| Total Revenue | $13.3M |
| Total Expenses | $6.4M |
| Net Assets | $8.9M |
Is Jones Day Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jones Day Foundation
Jones Day Foundation (EIN: 341570455) is a nonprofit organization based in Cleveland, OH. The organization reported total revenue of $13.3M and total assets of $12.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jones Day Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jones Day Foundation is a large nonprofit that has been operating for 38 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 25.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $427K |
| Total Expenses | $6.4M |
| Surplus / Deficit | $-5,991,404 |
| Total Assets | $8.9M |
| Net Assets | $8.9M |
| Operating Margin | -1404.6% |
| Months of Reserves | 16.6 months |
Financial Health Grade: B
In 2023, Jones Day Foundation reported a deficit of $6.0M with expenses exceeding revenue, holds 16.6 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Jones Day Foundation's revenue has grown at a compound annual growth rate (CAGR) of 25.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5171.2% | -52.9% | -40.3% |
| 2022 | -99.9% | +77.6% | -47.8% |
| 2021 | -62.4% | +44.7% | +9.0% |
| 2020 | +428.1% | -9.8% | +442.5% |
| 2019 | +42718.1% | +12.0% | -14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jones Day 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 Jones Day 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6.0M, with expenses exceeding revenue.
Frequently Asked Questions about Jones Day Foundation
Is Jones Day Foundation a legitimate charity?
Jones Day Foundation (EIN: 341570455) is a registered tax-exempt nonprofit based in Ohio. It has 14 years of IRS 990 filings on record. Total revenue: $13.3M. No red flags identified. Financial health grade: B.
How does Jones Day Foundation spend its money?
Jones Day Foundation reported $13.3M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jones Day Foundation tax-deductible?
Jones Day Foundation is registered as a tax-exempt nonprofit (EIN: 341570455). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jones Day Foundation located?
Jones Day Foundation is headquartered in Cleveland, Ohio and files with the IRS under EIN 341570455.
How many years of IRS 990 filings does Jones Day Foundation have?
Jones Day 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 $13.3M in total revenue.
Filing History
IRS 990 filing history for Jones Day Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Jones Day Foundation's revenue has grown by 1867.8%, moving from $22K to $427K. Total assets increased by 156.4% over the same period, from $3.5M to $8.9M. Total functional expenses rose by 370.9%, from $1.4M to $6.4M. In its most recent filing year (2023), Jones Day Foundation reported a deficit of $6.0M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $427K | $6.4M | $8.9M | $0 | — | — |
| 2022 | $8K | $13.6M | $14.8M | $0 | — | View 990 |
| 2021 | $10.0M | $7.7M | $28.5M | $0 | — | View 990 |
| 2020 | $26.6M | $5.3M | $26.1M | $0 | — | View 990 |
| 2019 | $5.0M | $5.9M | $4.8M | $0 | — | View 990 |
| 2018 | $12K | $5.2M | $5.7M | $0 | — | View 990 |
| 2017 | $20K | $4.6M | $10.9M | $0 | — | View 990 |
| 2016 | $15.1M | $4.2M | $15.5M | $0 | — | View 990 |
| 2015 | $3.7M | $2.3M | $4.6M | $0 | — | View 990 |
| 2014 | $2.4M | $2.2M | $3.2M | $0 | — | View 990 |
| 2013 | $1.7M | $3.5M | $2.9M | $0 | — | View 990 |
| 2012 | $4.0M | $4.6M | $4.8M | $0 | — | View 990 |
| 2011 | $4.0M | $2.0M | $5.4M | $0 | — | View 990 |
| 2010 | $22K | $1.4M | $3.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $427K, expenses of $6.4M, and assets of $8.9M (revenue +5171.2% year-over-year).
- 2022: Revenue of $8K, expenses of $13.6M, and assets of $14.8M (revenue -99.9% year-over-year).
- 2021: Revenue of $10.0M, expenses of $7.7M, and assets of $28.5M (revenue -62.4% year-over-year).
- 2020: Revenue of $26.6M, expenses of $5.3M, and assets of $26.1M (revenue +428.1% year-over-year).
- 2019: Revenue of $5.0M, expenses of $5.9M, and assets of $4.8M (revenue +42718.1% year-over-year).
- 2018: Revenue of $12K, expenses of $5.2M, and assets of $5.7M (revenue -40.8% year-over-year).
- 2017: Revenue of $20K, expenses of $4.6M, and assets of $10.9M (revenue -99.9% year-over-year).
- 2016: Revenue of $15.1M, expenses of $4.2M, and assets of $15.5M (revenue +306.1% year-over-year).
- 2015: Revenue of $3.7M, expenses of $2.3M, and assets of $4.6M (revenue +53.5% year-over-year).
- 2014: Revenue of $2.4M, expenses of $2.2M, and assets of $3.2M (revenue +46.0% year-over-year).
- 2013: Revenue of $1.7M, expenses of $3.5M, and assets of $2.9M (revenue -58.7% year-over-year).
- 2012: Revenue of $4.0M, expenses of $4.6M, and assets of $4.8M (revenue -0.6% year-over-year).
- 2011: Revenue of $4.0M, expenses of $2.0M, and assets of $5.4M (revenue +18501.4% year-over-year).
- 2010: Revenue of $22K, expenses of $1.4M, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jones Day Foundation:
Data Sources and Methodology
This transparency report for Jones Day 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.