The Jefferson Cary Foundation
Jefferson Cary Foundation: Consistent Revenue, Fluctuating Expenses, and Minimal Transparency
EIN: 222559980 · Caribou, ME · Updated: 2026-04-04
About The Jefferson Cary Foundation
The Jefferson Cary Foundation (EIN: 222559980) is a nonprofit organization based in Caribou, ME. The organization reported total revenue of $498K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Jefferson Cary Foundation'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 The Jefferson Cary Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Jefferson Cary Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are provided in the available data. The 'c0%' in the filings is ambiguous regarding executive salaries.
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 The Jefferson Cary Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
- Ambiguous 'c0%' in financial filings, potentially indicating zero compensation or an unstated category.
- No information on governance practices or specific program activities.
- Significant fluctuation in total expenses (x) year-over-year without clear explanation (e.g., 2021: $200,958 vs. 2022: $112,419).
Strengths
The following positive indicators were identified for The Jefferson Cary Foundation:
- Consistent revenue generation over multiple years, indicating stable donor support or investment income.
- Healthy asset base relative to annual revenue and expenses, suggesting financial stability.
- Low liabilities (l) across all reported years, indicating good financial management.
- Positive net assets growth over the long term (e.g., 2010 assets: $849,045 to 2023 assets: $1,147,786).
Frequently Asked Questions about The Jefferson Cary Foundation
What does The Jefferson Cary Foundation do?
The Jefferson Cary Foundation is a nonprofit organization in the Unknown sector, located in Caribou, Maine. It is classified under NTEE code Unknown.
How much revenue does The Jefferson Cary Foundation have?
The Jefferson Cary Foundation reported total revenue of $498,151. Based on 8 IRS 990 filings on record.
What are The Jefferson Cary Foundation's total assets?
The Jefferson Cary Foundation holds total assets of $1,281,705 as reported in IRS 990 filings.
Where is The Jefferson Cary Foundation located?
The Jefferson Cary Foundation is based in Caribou, Maine.
What is The Jefferson Cary Foundation's EIN?
The Jefferson Cary Foundation's Employer Identification Number (EIN) is 222559980. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Jefferson Cary Foundation?
The Jefferson Cary Foundation is classified under NTEE code Unknown (Unknown).
Is The Jefferson Cary Foundation a registered 501(c)(3)?
The Jefferson Cary Foundation appears in IRS records (EIN: 222559980). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Jefferson Cary Foundation file IRS Form 990?
Yes, The Jefferson Cary Foundation has 8 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Jefferson Cary Foundation's revenue in 2023?
In the 202312 filing period, The Jefferson Cary Foundation reported total revenue of $167,966, total expenses of $147,333, and net assets of $1,147,786.
Is The Jefferson Cary Foundation's revenue growing or declining?
The Jefferson Cary Foundation's revenue is relatively stable. Revenue went from $163,271 (202212) to $167,966 (202312), a +2.9% change. Based on 8 filings on record.
What is The Jefferson Cary Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for The Jefferson Cary Foundation covers tax period 202312. It shows revenue of $167,966, expenses of $147,333, total assets of $1,147,786, and liabilities of $7,286.
How much does The Jefferson Cary Foundation spend on programs vs administration?
Based on IRS 990 analysis, The Jefferson Cary Foundation allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is The Jefferson Cary Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, The Jefferson Cary Foundation shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 4 strengths noted.
What are the red flags for The Jefferson Cary Foundation?
The following concerns were identified: Lack of detailed expense breakdown (program, admin, fundraising) in provided data.. Ambiguous 'c0%' in financial filings, potentially indicating zero compensation or an unstated category.. No information on governance practices or specific program activities.. Significant fluctuation in total expenses (x) year-over-year without clear explanation (e.g., 2021: $200,958 vs. 2022: $112,419).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Jefferson Cary Foundation's strengths?
Positive indicators for The Jefferson Cary Foundation include: Consistent revenue generation over multiple years, indicating stable donor support or investment income.. Healthy asset base relative to annual revenue and expenses, suggesting financial stability.. Low liabilities (l) across all reported years, indicating good financial management.. Positive net assets growth over the long term (e.g., 2010 assets: $849,045 to 2023 assets: $1,147,786).. These findings are derived from AI analysis of the organization's financial filings.
How does The Jefferson Cary Foundation compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are provided in the available data. The 'c0%' in the filings is ambiguous regarding executive salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is The Jefferson Cary Foundation?
• The provided data lacks detailed breakdowns of program, administrative, and fundraising expenses, making it difficult to assess efficiency. • No information on board composition, meeting frequency, or conflict of interest policies is available. • The 'c0%' in the financial filings is unclear and could indicate a lack of detailed categorization or zero compensation, which requires further clarification. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent revenue and asset growth, what specific programs or initiatives does the Jefferson Cary Foundation fund, and how are these programs measured for impact?
The provided data does not specify the programs or initiatives funded by the Jefferson Cary Foundation, nor does it offer any metrics for impact measurement. This information would be crucial for understanding the foundation's mission fulfillment.
What does the 'c0%' field in the financial filings represent, and does it imply that no compensation is paid to any staff or executives?
The 'c0%' field is ambiguous. It could mean zero compensation, or it could be a placeholder for a category not detailed in the provided summary. Without clarification, it's impossible to determine if staff or executives receive compensation.
Filing History
IRS 990 filing history for The Jefferson Cary Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2010–2023), The Jefferson Cary Foundation's revenue has grown by 41.2%, moving from $119K to $168K. Total assets increased by 35.2% over the same period, from $849K to $1.1M. Total functional expenses rose by 138.5%, from $62K to $147K. In its most recent filing year (2023), The Jefferson Cary Foundation reported a surplus of $21K, with revenue exceeding expenses. The organization holds $7K in liabilities against $1.1M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $147K | $1.1M | $7K | — | View 990 |
| 2022 | $163K | $112K | $1.0M | $5K | — | — |
| 2021 | $184K | $201K | $1.1M | $4K | — | View 990 |
| 2020 | $83K | $135K | $1.0M | $6K | — | View 990 |
| 2019 | $162K | $121K | $1.0M | $20K | — | View 990 |
| 2018 | $229K | $214K | $845K | $4K | — | View 990 |
| 2011 | $98K | $172K | $776K | $4K | — | View 990 |
| 2010 | $119K | $62K | $849K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $147K, and assets of $1.1M (revenue +2.9% year-over-year).
- 2022: Revenue of $163K, expenses of $112K, and assets of $1.0M (revenue -11.2% year-over-year).
- 2021: Revenue of $184K, expenses of $201K, and assets of $1.1M (revenue +122.7% year-over-year).
- 2020: Revenue of $83K, expenses of $135K, and assets of $1.0M (revenue -49.0% year-over-year).
- 2019: Revenue of $162K, expenses of $121K, and assets of $1.0M (revenue -29.3% year-over-year).
- 2018: Revenue of $229K, expenses of $214K, and assets of $845K (revenue +132.8% year-over-year).
- 2011: Revenue of $98K, expenses of $172K, and assets of $776K (revenue -17.4% year-over-year).
- 2010: Revenue of $119K, expenses of $62K, and assets of $849K.
Data Sources and Methodology
This transparency report for The Jefferson Cary Foundation 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.