Jack Fortune Foundation Inc

Nonprofit profile at a glance

EIN
331623567
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025
Location
Bridgewater, MA, USA
Phone
5089302302
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$44,820
Expenses
$10,973
Assets
$81,619

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • GINA FORTUNE (PRESIDENT &)

People named in this filing

  • GINA FORTUNE (PRESIDENT &)
  • KELLY SIGGENS (TREASURER &)
  • BETH SCHERER (CLERK & DIRE)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The purpose of the corporation is to engage in the following activiies: for charitable purposes, including providing financial assistance to engage in activities permitted by an organization described in section 501(c)(3) of the internal revenue code and by a corporation under the Massachusetts general laws chapter 180

What it reported doing in 2025

The purpose of the corporation is to engage in the following activiies: for charitable purpose, including providing fiancial assistance to engage in activities permitted by an orginaztion described in section 501(c)(3)of the internal revenue code and by a corporation under Massachusetts general law chapter 180

Operating model

Revenue model
Donor-supported. 67% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 22%; rating input score 22
  • Program expense ratio: 85.5%; rating input score 86

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 75.5%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 7.44; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 165.1% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: -8.2% per year; rating input score 0; 27th percentile among comparable filings
  • Asset growth: 52.3% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 22% of revenue deployed · 85.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $9K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • 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 — Financial Efficiency: Mission deployment rate scored 22/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.