Jordan Thomas Foundation Inc
Jordan Thomas Foundation shows consistent asset growth and no officer compensation over a decade.
EIN: 203498598 · Brentwood, TN · NTEE: E19 · Updated: 2026-03-28
Is Jordan Thomas Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jordan Thomas Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jordan Thomas Foundation Inc
Jordan Thomas Foundation Inc (EIN: 203498598) is a nonprofit organization based in Brentwood, TN, classified under NTEE code E19. The organization reported total revenue of $1.9M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jordan Thomas Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jordan Thomas Foundation Inc 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Jordan Thomas Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not drawing salaries from the organization, which is highly unusual for an organization with assets over $2 million and annual revenues approaching $1 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 Thomas Foundation Inc's IRS 990 filings:
- Lack of detailed program vs. administrative vs. fundraising expense breakdown in provided summary data (though 0% officer comp mitigates this concern somewhat).
Strengths
The following positive indicators were identified for Jordan Thomas Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating high dedication of funds to mission.
- Strong and consistent growth in assets, from $1.16M in 2014 to $2.73M in 2023.
- Very low liabilities, consistently less than 1% of total assets, demonstrating fiscal prudence.
- Positive net income in most years, indicating sustainable operations.
- Long history of IRS 990 filings (13 filings), showing commitment to transparency.
Frequently Asked Questions about Jordan Thomas Foundation Inc
Is Jordan Thomas Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jordan Thomas Foundation Inc (EIN: 203498598) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Jordan Thomas Foundation Inc spend its money?
Jordan Thomas Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jordan Thomas Foundation Inc tax-deductible?
Jordan Thomas Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203498598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Jordan Thomas Foundation Inc a good charity?
Based on the provided financial data, the Jordan Thomas Foundation Inc appears to be a very good charity. It demonstrates strong financial health with growing assets, low liabilities, and a remarkable commitment to directing funds towards its mission by reporting 0% officer compensation across all filings.
How has the organization's financial health changed over time?
The organization's financial health has consistently improved. Assets have grown from $1,160,050 in 2014 to $2,728,211 in 2023, and revenues have shown significant growth, particularly between 2019 and 2021, indicating a strong upward trend in financial capacity.
What is the trend in revenue and expenses?
Revenue has generally trended upwards, with a notable peak of $1,008,980 in 2021, and remained strong at $755,577 in 2023. Expenses have also increased in line with revenue, but the organization consistently maintains a positive net position, indicating effective financial management.
Filing History
IRS 990 filing history for Jordan Thomas Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jordan Thomas Foundation Inc's revenue has grown by 130.6%, moving from $328K to $756K. Total assets increased by 239.9% over the same period, from $803K to $2.7M. Total functional expenses rose by 624.3%, from $103K to $746K. In its most recent filing year (2023), Jordan Thomas Foundation Inc reported a surplus of $10K, with revenue exceeding expenses. The organization holds $19K in liabilities against $2.7M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $756K | $746K | $2.7M | $19K | — | View 990 |
| 2022 | $838K | $717K | $2.4M | $38K | — | — |
| 2021 | $1.0M | $536K | $2.6M | $33K | — | View 990 |
| 2020 | $318K | $289K | $2.0M | $5K | — | View 990 |
| 2019 | $133K | $133K | $1.8M | $0 | — | View 990 |
| 2018 | $267K | $90K | $1.8M | $0 | — | View 990 |
| 2017 | $224K | $122K | $1.6M | $0 | — | View 990 |
| 2016 | $367K | $147K | $1.5M | $0 | — | View 990 |
| 2015 | $258K | $160K | $1.3M | $0 | — | View 990 |
| 2014 | $249K | $133K | $1.2M | $0 | — | View 990 |
| 2013 | $318K | $148K | $1.0M | $0 | — | View 990 |
| 2012 | $222K | $150K | $875K | $0 | — | View 990 |
| 2011 | $328K | $103K | $803K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $756K, expenses of $746K, and assets of $2.7M (revenue -9.9% year-over-year).
- 2022: Revenue of $838K, expenses of $717K, and assets of $2.4M (revenue -16.9% year-over-year).
- 2021: Revenue of $1.0M, expenses of $536K, and assets of $2.6M (revenue +217.6% year-over-year).
- 2020: Revenue of $318K, expenses of $289K, and assets of $2.0M (revenue +138.6% year-over-year).
- 2019: Revenue of $133K, expenses of $133K, and assets of $1.8M (revenue -50.1% year-over-year).
- 2018: Revenue of $267K, expenses of $90K, and assets of $1.8M (revenue +18.9% year-over-year).
- 2017: Revenue of $224K, expenses of $122K, and assets of $1.6M (revenue -38.9% year-over-year).
- 2016: Revenue of $367K, expenses of $147K, and assets of $1.5M (revenue +42.0% year-over-year).
- 2015: Revenue of $258K, expenses of $160K, and assets of $1.3M (revenue +3.5% year-over-year).
- 2014: Revenue of $249K, expenses of $133K, and assets of $1.2M (revenue -21.4% year-over-year).
- 2013: Revenue of $318K, expenses of $148K, and assets of $1.0M (revenue +43.3% year-over-year).
- 2012: Revenue of $222K, expenses of $150K, and assets of $875K (revenue -32.4% year-over-year).
- 2011: Revenue of $328K, expenses of $103K, and assets of $803K.
Data Sources and Methodology
This transparency report for Jordan Thomas 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.