Scott Eli Jackson Foundation Inc
EIN: 721487028 · New Orleans, LA · NTEE: O53
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $50K |
| Net Assets | $-13,576 |
Is Scott Eli Jackson Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Scott Eli Jackson Foundation Inc
Scott Eli Jackson Foundation Inc (EIN: 721487028) is a nonprofit organization based in New Orleans, LA, classified under NTEE code O53. The organization reported total revenue of $50K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scott Eli Jackson Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scott Eli Jackson Foundation Inc is a micro nonprofit that has been operating for 14 years, with 3 years of IRS 990 filings on record (2019–2021). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $50K |
| Surplus / Deficit | $-125 |
| Total Assets | $4K |
| Total Liabilities | $18K |
| Net Assets | $-13,576 |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 423.2% |
| Months of Reserves | 1.0 months |
Financial Health Grade: D
In 2021, Scott Eli Jackson Foundation Inc reported a deficit of $125 with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 423.2% (high leverage).
Financial Trends
Over 3 years of filings (2019–2021), Scott Eli Jackson Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +1.1% | +2.7% | +39.5% |
| 2020 | +31.2% | -31.9% | -65.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Scott Eli Jackson Foundation Inc 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 Scott Eli Jackson Foundation Inc 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $125, with expenses exceeding revenue.
- Debt-to-asset ratio: 423.2%.
Frequently Asked Questions about Scott Eli Jackson Foundation Inc
Is Scott Eli Jackson Foundation Inc a legitimate charity?
Scott Eli Jackson Foundation Inc (EIN: 721487028) is a registered tax-exempt nonprofit based in Louisiana. It has 3 years of IRS 990 filings on record. Total revenue: $50K. No red flags identified. Financial health grade: D.
How does Scott Eli Jackson Foundation Inc spend its money?
Scott Eli Jackson Foundation Inc reported $50K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Scott Eli Jackson Foundation Inc tax-deductible?
Scott Eli Jackson Foundation Inc is registered as a tax-exempt nonprofit (EIN: 721487028). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Scott Eli Jackson Foundation Inc located?
Scott Eli Jackson Foundation Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721487028. It is classified under NTEE code O53.
How many years of IRS 990 filings does Scott Eli Jackson Foundation Inc have?
Scott Eli Jackson Foundation Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $50K in total revenue.
Filing History
IRS 990 filing history for Scott Eli Jackson Foundation Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2021), Scott Eli Jackson Foundation Inc's revenue has grown by 32.6%, moving from $38K to $50K. Total assets decreased by 51.3% over the same period, from $9K to $4K. Total functional expenses fell by 30.1%, from $71K to $50K. In its most recent filing year (2021), Scott Eli Jackson Foundation Inc reported a deficit of $125, with expenses exceeding revenue. The organization holds $18K in liabilities against $4K in assets (debt-to-asset ratio: 423.2%), resulting in net assets of $-13,576.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $50K | $50K | $4K | $18K | — | — |
| 2020 | $49K | $49K | $3K | $17K | — | View 990 |
| 2019 | $38K | $71K | $9K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $50K, expenses of $50K, and assets of $4K (revenue +1.1% year-over-year).
- 2020: Revenue of $49K, expenses of $49K, and assets of $3K (revenue +31.2% year-over-year).
- 2019: Revenue of $38K, expenses of $71K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scott Eli Jackson Foundation Inc:
Data Sources and Methodology
This transparency report for Scott Eli Jackson 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.