Indiana Jaycees Charitable Foundation Inc

Nonprofit profile at a glance

EIN
351266046
IRS 990-EZ coverage
2021–2024
Forms available
Form 990 2009, Form 990-EZ 2024
Location
Rensselaer, IN, USA
Phone
2198664665
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Nonprofit Management

Reported finances

Revenue
$11,451
Expenses
$11,500
Assets
$206,410
Liabilities
$21,300

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

Leadership & pay

2 people listed

Executive titles in this filing

  • CHARLES WALLACE (PRESIDENT)

People named in this filing

  • CHARLES WALLACE (PRESIDENT)
  • WILLIAM E DEL PRINCIPE (TREASURER)

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

The Indiana jaycees charitable foundation was set up to facilitate the funding of projects of the charitable nature, both on a state level and local level, by taking advantage of certain provisions of the state and federal tax laws which encourage donations by individuals adn businesses to organizations engaged soley in charitable activities. The Indiana jaycees charitable foundation is a federally approved, tax organization under the internal revenue code section 501 (c) (3) and is so recognized byt the state of Indiana.

What it reported doing in 2024

Provide management services to the Indiana jaycees inc to further that organizations community involvement programs.

Operating model

Revenue model
Investment-supported. 93% of the money available for current operations came from recurring investment income.
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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 57
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 99.9%; rating input score 100
  • Program expense ratio: 98.3%; rating input score 98

Transparency & Controls

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

Sustainability

  • Operating margin: -0.4%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 17.95; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -39.9% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -1.1% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: 0.4% per year; rating input score 100; 40th percentile among comparable filings

Details

  • Where the money goes: 99.9% of revenue deployed · 98.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $11K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • 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: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.