Childrens Jubilee Fund

Nonprofit profile at a glance

EIN: 311540887
IRS 990-EZ coverage: 2024–2024
Forms available: Form 990 2023, Form 990-EZ 2024
Location: Philadlephia, PA, USA
Phone: 2152339866
Rating: 88
Verdict: STRONG
Rating confidence: Moderate
Sector: Public Foundations
Affiliation: Christianity

Reported finances

Revenue: $171,829
Expenses: $449,861
Assets: $126,973
Liabilities: $2,893

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

People named in this filing

Dorothy Boersma (Secretary)
Randolph Richardson (Vice Chair)
Joyce Johnson (Board member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide need based scholarships

What it reported doing in 2024

The organization exists to raise and distribute scholarship funds to provide access for low-income, urban, K-12 youth to attend Christian schools. Jubilee provides partial scholarship for families with a household income of under $44,000, so that their children will have access to one of our 25 network Christian schools.

Operating model

Revenue model: Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

Financial Efficiency: 94
Transparency & Controls: 100
Sustainability: 19
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 84.6%; rating input score 85

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Yes; rating input score 100

Sustainability

Operating margin: -161.8%; rating input score 0; 0th percentile among comparable filings
Total-asset coverage ratio: 0.28; rating input score 24; 24th percentile among comparable filings
Liabilities to assets ratio: 0.02; rating input score 36; 36th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

Program expense growth: Limited
Revenue growth: -4.4% per year; rating input score 0; 9th percentile among comparable filings
Asset growth: -3.3% per year; rating input score 0; 19th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 84.6% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $381K in reported program spending
Leadership: top reported pay $0 · 10 people listed
Consistency: 7 of 7 current checks pass
Schedules: 3 filed schedules
Contacts: How to reach this organization
Money network: 1 filed money-flow record
Related organizations: Filed and resolved organization relationships.
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

High — Growth: Revenue growth scored 0/100.
High — Sustainability: Operating margin scored 0/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 24/100.
Moderate — Sustainability: Liabilities to assets ratio scored 36/100.