Jordan Family Foundation Inc

Jordan Family Foundation maintains strong assets despite recent operating deficits and zero reported officer compensation.

EIN: 205940739 · Milwaukee, WI · NTEE: T20 · Updated: 2026-03-28

$3.8MRevenue
$20.7MAssets
90/100Mission Score (Excellent)
T20
Jordan Family Foundation Inc Financial Summary
MetricValue
Total Revenue$3.8M
Total Expenses$1.6M
Program Spending90%
CEO/Top Officer Pay$20
Net Assets$20.7M
Transparency Score90/100

Is Jordan Family Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Jordan Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Jordan Family Foundation Inc

Jordan Family Foundation Inc (EIN: 205940739) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code T20. The organization reported total revenue of $3.8M and total assets of $20.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jordan Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
Mid-SizeSize Classification
9Years of Filings
MixedRevenue Trajectory

Jordan Family Foundation Inc is a mid-size nonprofit that has been operating for 18 years, with 9 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -3.7%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$1.5M
Total Expenses$1.6M
Surplus / Deficit$-136,988
Total Assets$20.7M
Total Liabilities$1
Net Assets$20.7M
Operating Margin-9.3%
Debt-to-Asset Ratio0.0%
Months of Reserves153.5 months

Financial Health Grade: B

In 2024, Jordan Family Foundation Inc reported a deficit of $137K with expenses exceeding revenue, holds 153.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 9 years of filings (2012–2024), Jordan Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.7%.

YearRevenue ChangeExpense ChangeAsset Change
2024+44.0%+5.7%-0.7%
2023-59.8%+5.3%-2.4%
2022+2.2%-6.1%+3.4%
2021+75.8%+16.0%+1.4%
2020-23.4%+22.9%+2.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Jordan Family Foundation Inc. demonstrates consistent financial stability with substantial assets, currently at $20,692,188. The organization's revenue has fluctuated over the years, with the latest reported revenue at $1,480,774 for the period ending 202406, which was less than its expenses of $1,617,762 for the same period. This trend of expenses exceeding revenue is also observed in the 202306 period, where expenses were $1,530,837 against $1,028,568 in revenue. However, prior periods like 202206 and 202106 showed healthy surpluses. The foundation's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which is a positive sign for donor funds being directed towards programs. The organization maintains minimal liabilities, consistently reporting $0 or $1, which reflects sound financial management and low financial risk. The NTEE code T20 suggests a focus on grantmaking foundations, implying that the majority of their expenses would be program-related grants. Transparency is high due to the consistent filing of IRS Form 990s over a long period (9 filings), providing a clear historical financial picture. The absence of officer compensation is a significant positive indicator for transparency and efficient use of funds. While recent periods show expenses exceeding revenue, the substantial asset base provides a strong buffer, and the overall trend of asset growth from $16,370,223 in 2012 to $20,692,188 in 2024 suggests long-term financial health.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Jordan Family Foundation Inc with a Mission Score of 90 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: 8%
  • programs: 90%
  • fundraising: 2%

According to IRS 990 filings, Jordan Family Foundation Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$1.5MTotal Revenue
$1.6MTotal Expenses
$20.7MTotal Assets
$1Total Liabilities
$20.7MNet Assets
  • The organization reported a deficit of $137K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid or compensated through non-officer compensation categories, which is highly favorable for directing funds towards the mission given the organization's asset size of over $20 million.

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 Jordan Family Foundation Inc's IRS 990 filings:

  • Expenses exceeded revenue in the two most recent filing periods (202406 and 202306).

Strengths

The following positive indicators were identified for Jordan Family Foundation Inc:

  • Consistent reporting of 0% officer compensation across all filings.
  • Substantial and growing asset base, currently over $20 million.
  • Minimal liabilities, consistently reported as $0 or $1.
  • Long history of IRS 990 filings, indicating strong transparency.
  • Strong program focus implied by NTEE code T20 (Grantmaking Foundations) and lack of officer compensation.

Frequently Asked Questions about Jordan Family Foundation Inc

Is Jordan Family Foundation Inc a legitimate charity?

Jordan Family Foundation Inc (EIN: 205940739) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 90/100. It has 9 years of IRS 990 filings on record. Total revenue: $3.8M. 1 red flag identified. 5 strengths noted. Financial health grade: B.

How does Jordan Family Foundation Inc spend its money?

Jordan Family Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.

Are donations to Jordan Family Foundation Inc tax-deductible?

Jordan Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205940739). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Jordan Family Foundation Inc CEO make?

Jordan Family Foundation Inc's highest-compensated officer earns $20 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Jordan Family Foundation Inc's spending goes to programs?

Jordan Family Foundation Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Jordan Family Foundation Inc compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Jordan Family Foundation Inc 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 Jordan Family Foundation Inc located?

Jordan Family Foundation Inc is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 205940739. It is classified under NTEE code T20.

How many years of IRS 990 filings does Jordan Family Foundation Inc have?

Jordan Family Foundation Inc has 9 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 $3.8M in total revenue.

Is Jordan Family Foundation Inc. financially stable?

Yes, despite recent periods where expenses exceeded revenue (e.g., 202406 and 202306), the foundation maintains substantial assets of $20,692,188 and minimal liabilities, indicating strong long-term financial stability.

How does the organization manage executive compensation?

The organization consistently reports 0% officer compensation in its IRS 990 filings, suggesting that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is a positive for resource allocation.

What is the trend in the foundation's assets?

The foundation's assets have shown a consistent growth trend over the long term, increasing from $16,370,223 in 2012 to $20,692,188 in 2024, indicating effective asset management and accumulation.

Are there any concerns about the foundation's recent operating deficits?

While the foundation reported expenses exceeding revenue in the 202406 and 202306 periods, its substantial asset base provides a significant buffer to cover these short-term deficits without immediately impacting its long-term financial health.

Filing History

IRS 990 filing history for Jordan Family Foundation Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2012–2024), Jordan Family Foundation Inc's revenue has declined by 36.3%, moving from $2.3M to $1.5M. Total assets increased by 26.4% over the same period, from $16.4M to $20.7M. Total functional expenses rose by 82%, from $889K to $1.6M. In its most recent filing year (2024), Jordan Family Foundation Inc reported a deficit of $137K, with expenses exceeding revenue. The organization holds $1 in liabilities against $20.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $20.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $1.5M $1.6M $20.7M $1 View 990
2023 $1.0M $1.5M $20.8M $1
2022 $2.6M $1.5M $21.4M $1 View 990
2021 $2.5M $1.5M $20.7M $1 View 990
2020 $1.4M $1.3M $20.4M $0 View 990
2015 $1.9M $1.1M $19.8M $0 View 990
2014 $2.3M $987K $19.1M $0 View 990
2013 $2.3M $901K $17.8M $0 View 990
2012 $2.3M $889K $16.4M $0 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $1.5M, expenses of $1.6M, and assets of $20.7M (revenue +44.0% year-over-year).
  • 2023: Revenue of $1.0M, expenses of $1.5M, and assets of $20.8M (revenue -59.8% year-over-year).
  • 2022: Revenue of $2.6M, expenses of $1.5M, and assets of $21.4M (revenue +2.2% year-over-year).
  • 2021: Revenue of $2.5M, expenses of $1.5M, and assets of $20.7M (revenue +75.8% year-over-year).
  • 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $20.4M (revenue -23.4% year-over-year).
  • 2015: Revenue of $1.9M, expenses of $1.1M, and assets of $19.8M (revenue -19.2% year-over-year).
  • 2014: Revenue of $2.3M, expenses of $987K, and assets of $19.1M (revenue +0.4% year-over-year).
  • 2013: Revenue of $2.3M, expenses of $901K, and assets of $17.8M (revenue -1.5% year-over-year).
  • 2012: Revenue of $2.3M, expenses of $889K, and assets of $16.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Jordan Family Foundation Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Jordan Family Foundation Inc 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.

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