Permanently Disabled Jockeys Fund Inc
Permanently Disabled Jockeys Fund shows strong asset growth and consistent program focus with no reported officer compensation.
EIN: 205110346 · Lexington, KY · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $1.0M |
| Program Spending | 90% |
| Net Assets | $9.8M |
| Transparency Score | 92/100 |
Is Permanently Disabled Jockeys Fund Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Permanently Disabled Jockeys Fund Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Permanently Disabled Jockeys Fund Inc
Permanently Disabled Jockeys Fund Inc (EIN: 205110346) is a nonprofit organization based in Lexington, KY, classified under NTEE code T30. The organization reported total revenue of $3.3M and total assets of $13.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Permanently Disabled Jockeys Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Permanently Disabled Jockeys Fund Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $9.8M |
| Total Liabilities | $11K |
| Net Assets | $9.8M |
| Operating Margin | 53.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 113.4 months |
Financial Health Grade: A
In 2022, Permanently Disabled Jockeys Fund Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 113.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2022), Permanently Disabled Jockeys Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -20.7% | -9.8% | -7.1% |
| 2021 | +17.3% | -9.5% | +23.1% |
| 2020 | -15.3% | +2.2% | +8.3% |
| 2019 | +65.2% | +15.4% | +39.3% |
| 2018 | -14.9% | -23.1% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Permanently Disabled Jockeys Fund 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Permanently Disabled Jockeys Fund Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The Permanently Disabled Jockeys Fund Inc reports 0% officer compensation across all available filings, indicating that executive leadership is likely volunteer-based, which is highly commendable for directing more resources to the mission.
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 Permanently Disabled Jockeys Fund Inc:
- Strong program spending ratio (estimated 90%)
- Consistent asset growth (from $3.8M in 2013 to $13M currently)
- No reported officer compensation across all filings
- Consistent revenue growth over the past decade
- Low liabilities relative to assets in most periods
Frequently Asked Questions about Permanently Disabled Jockeys Fund Inc
Is Permanently Disabled Jockeys Fund Inc a legitimate charity?
Permanently Disabled Jockeys Fund Inc (EIN: 205110346) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Permanently Disabled Jockeys Fund Inc spend its money?
Permanently Disabled Jockeys Fund Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Permanently Disabled Jockeys Fund Inc tax-deductible?
Permanently Disabled Jockeys Fund Inc is registered as a tax-exempt nonprofit (EIN: 205110346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Permanently Disabled Jockeys Fund Inc's spending goes to programs?
Permanently Disabled Jockeys Fund Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Permanently Disabled Jockeys Fund Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Permanently Disabled Jockeys Fund Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Permanently Disabled Jockeys Fund Inc located?
Permanently Disabled Jockeys Fund Inc is headquartered in Lexington, Kentucky and files with the IRS under EIN 205110346. It is classified under NTEE code T30.
How many years of IRS 990 filings does Permanently Disabled Jockeys Fund Inc have?
Permanently Disabled Jockeys Fund Inc has 13 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 $3.3M in total revenue.
Is Permanently Disabled Jockeys Fund Inc a good charity?
Based on the available IRS 990 data, the Permanently Disabled Jockeys Fund Inc appears to be a very good charity. It demonstrates strong financial health with growing assets, consistent revenue, and a high percentage of expenses dedicated to program services. The absence of officer compensation is a significant positive indicator of efficiency and dedication to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $3,803,518 in 2013 to $13,064,817 currently. Revenue has also increased substantially, from $1,029,679 in 2013 to $3,340,429 currently, indicating robust growth and sustainability.
What is the organization's approach to executive compensation?
The Permanently Disabled Jockeys Fund Inc has consistently reported 0% officer compensation across all 13 available filings. This suggests a volunteer-driven executive structure, which is highly efficient as it ensures all funds are directed towards the organization's charitable purpose rather than executive salaries.
Filing History
IRS 990 filing history for Permanently Disabled Jockeys Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Permanently Disabled Jockeys Fund Inc's revenue has declined by 26.4%, moving from $3.0M to $2.2M. Total assets increased by 229% over the same period, from $3.0M to $9.8M. Total functional expenses rose by 35.5%, from $764K to $1.0M. In its most recent filing year (2022), Permanently Disabled Jockeys Fund Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $11K in liabilities against $9.8M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $9.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2.2M | $1.0M | $9.8M | $11K | — | — |
| 2021 | $2.8M | $1.1M | $10.5M | $4K | — | View 990 |
| 2020 | $2.4M | $1.3M | $8.6M | $16K | — | View 990 |
| 2019 | $2.8M | $1.2M | $7.9M | $3K | — | View 990 |
| 2018 | $1.7M | $1.1M | $5.7M | $4K | — | View 990 |
| 2017 | $2.0M | $1.4M | $5.6M | $3K | — | View 990 |
| 2016 | $1.7M | $1.3M | $4.7M | $3K | — | View 990 |
| 2015 | $1.4M | $1.1M | $4.1M | $3K | — | View 990 |
| 2014 | $1.3M | $974K | $4.1M | $3K | — | View 990 |
| 2013 | $1.0M | $826K | $3.8M | $6K | — | View 990 |
| 2012 | $961K | $833K | $3.4M | $3K | — | View 990 |
| 2011 | $1.1M | $815K | $3.1M | $0 | — | View 990 |
| 2010 | $3.0M | $764K | $3.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2.2M, expenses of $1.0M, and assets of $9.8M (revenue -20.7% year-over-year).
- 2021: Revenue of $2.8M, expenses of $1.1M, and assets of $10.5M (revenue +17.3% year-over-year).
- 2020: Revenue of $2.4M, expenses of $1.3M, and assets of $8.6M (revenue -15.3% year-over-year).
- 2019: Revenue of $2.8M, expenses of $1.2M, and assets of $7.9M (revenue +65.2% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.1M, and assets of $5.7M (revenue -14.9% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.4M, and assets of $5.6M (revenue +15.7% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.3M, and assets of $4.7M (revenue +25.9% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.1M, and assets of $4.1M (revenue +3.0% year-over-year).
- 2014: Revenue of $1.3M, expenses of $974K, and assets of $4.1M (revenue +29.1% year-over-year).
- 2013: Revenue of $1.0M, expenses of $826K, and assets of $3.8M (revenue +7.2% year-over-year).
- 2012: Revenue of $961K, expenses of $833K, and assets of $3.4M (revenue -9.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $815K, and assets of $3.1M (revenue -64.6% year-over-year).
- 2010: Revenue of $3.0M, expenses of $764K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Permanently Disabled Jockeys Fund Inc:
Data Sources and Methodology
This transparency report for Permanently Disabled Jockeys Fund 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.