Jumpstart Coalition For Personal Financial Literacy
Jumpstart Coalition For Personal Financial Literacy maintains stable finances with growing assets and no officer compensation.
EIN: 201101662 · Providence, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $6K |
| Program Spending | 80% |
| Net Assets | $58K |
| Transparency Score | 85/100 |
Is Jumpstart Coalition For Personal Financial Literacy Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jumpstart Coalition For Personal Financial Literacy directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jumpstart Coalition For Personal Financial Literacy
Jumpstart Coalition For Personal Financial Literacy (EIN: 201101662) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jumpstart Coalition For Personal Financial Literacy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jumpstart Coalition For Personal Financial Literacy is a micro nonprofit that has been operating for 25 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -15.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $6K |
| Surplus / Deficit | +$9K |
| Total Assets | $58K |
| Net Assets | $58K |
| Operating Margin | 63.0% |
| Months of Reserves | 124.7 months |
Financial Health Grade: A
In 2021, Jumpstart Coalition For Personal Financial Literacy reported a surplus of $9K with revenue exceeding expenses, holds 124.7 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Jumpstart Coalition For Personal Financial Literacy's revenue has declined at a compound annual growth rate (CAGR) of -15.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -54.9% | -80.3% | +19.7% |
| 2020 | +4.1% | -13.0% | +11.6% |
| 2019 | +44.5% | +52.9% | -0.6% |
| 2018 | -8.0% | +16.7% | +2.3% |
| 2017 | -21.4% | -9.7% | +16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
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 Jumpstart Coalition For Personal Financial Literacy with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Jumpstart Coalition For Personal Financial Literacy allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its small size and revenue.
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 Jumpstart Coalition For Personal Financial Literacy:
- Strong financial stability with growing assets (from $463 in 2013 to $57,778 in 2021).
- No reported liabilities across most recent filings, indicating a debt-free operation.
- Zero officer compensation reported, suggesting highly efficient, likely volunteer-led, management.
- Consistent IRS 990 filing history demonstrates transparency.
- Revenue consistently exceeds expenses in most recent years, building reserves.
Frequently Asked Questions about Jumpstart Coalition For Personal Financial Literacy
Is Jumpstart Coalition For Personal Financial Literacy a legitimate charity?
Based on AI analysis of IRS 990 filings, Jumpstart Coalition For Personal Financial Literacy (EIN: 201101662) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Jumpstart Coalition For Personal Financial Literacy spend its money?
Jumpstart Coalition For Personal Financial Literacy directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jumpstart Coalition For Personal Financial Literacy tax-deductible?
Jumpstart Coalition For Personal Financial Literacy is registered as a tax-exempt nonprofit (EIN: 201101662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jumpstart Coalition For Personal Financial Literacy's spending goes to programs?
Jumpstart Coalition For Personal Financial Literacy directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Jumpstart Coalition For Personal Financial Literacy located?
Jumpstart Coalition For Personal Financial Literacy is headquartered in Providence, Rhode Island and files with the IRS under EIN 201101662.
How many years of IRS 990 filings does Jumpstart Coalition For Personal Financial Literacy have?
Jumpstart Coalition For Personal Financial Literacy has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
How does Jumpstart Coalition For Personal Financial Literacy achieve its mission with such low expenses?
The organization likely relies heavily on volunteer efforts and in-kind contributions, given its consistently low expenses (e.g., $5,562 in 2021) and zero reported officer compensation, allowing it to operate efficiently on a small budget.
What are the primary sources of revenue for this organization?
While specific sources aren't detailed in the provided data, the fluctuating revenue (e.g., $15,050 in 2021, $33,350 in 2020) suggests a mix of small grants, individual donations, or event-based income, typical for a small nonprofit.
Is the organization's growth in assets sustainable?
Yes, the consistent pattern of revenue exceeding expenses (e.g., $15,050 revenue vs. $5,562 expenses in 2021) has led to a steady increase in assets from $463 in 2013 to $57,778 in 2021, indicating sustainable financial management for its current scale.
Filing History
IRS 990 filing history for Jumpstart Coalition For Personal Financial Literacy showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Jumpstart Coalition For Personal Financial Literacy's revenue has declined by 82%, moving from $83K to $15K. Total assets increased by 310.9% over the same period, from $14K to $58K. Total functional expenses fell by 93.8%, from $89K to $6K. In its most recent filing year (2021), Jumpstart Coalition For Personal Financial Literacy reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $15K | $6K | $58K | $0 | — | — |
| 2020 | $33K | $28K | $48K | $0 | — | View 990 |
| 2019 | $32K | $32K | $43K | $0 | — | View 990 |
| 2018 | $22K | $21K | $44K | $0 | — | View 990 |
| 2017 | $24K | $18K | $43K | $0 | — | View 990 |
| 2016 | $31K | $20K | $37K | $0 | — | View 990 |
| 2015 | $20K | $14K | $26K | $15K | — | View 990 |
| 2014 | $16K | $10K | $9K | $3K | — | View 990 |
| 2013 | $12K | $28K | $463 | $0 | — | View 990 |
| 2012 | $75K | $63K | $17K | $0 | — | View 990 |
| 2011 | $83K | $89K | $14K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $15K, expenses of $6K, and assets of $58K (revenue -54.9% year-over-year).
- 2020: Revenue of $33K, expenses of $28K, and assets of $48K (revenue +4.1% year-over-year).
- 2019: Revenue of $32K, expenses of $32K, and assets of $43K (revenue +44.5% year-over-year).
- 2018: Revenue of $22K, expenses of $21K, and assets of $44K (revenue -8.0% year-over-year).
- 2017: Revenue of $24K, expenses of $18K, and assets of $43K (revenue -21.4% year-over-year).
- 2016: Revenue of $31K, expenses of $20K, and assets of $37K (revenue +55.7% year-over-year).
- 2015: Revenue of $20K, expenses of $14K, and assets of $26K (revenue +23.6% year-over-year).
- 2014: Revenue of $16K, expenses of $10K, and assets of $9K (revenue +37.5% year-over-year).
- 2013: Revenue of $12K, expenses of $28K, and assets of $463 (revenue -84.6% year-over-year).
- 2012: Revenue of $75K, expenses of $63K, and assets of $17K (revenue -10.1% year-over-year).
- 2011: Revenue of $83K, expenses of $89K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jumpstart Coalition For Personal Financial Literacy:
Data Sources and Methodology
This transparency report for Jumpstart Coalition For Personal Financial Literacy 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.