Jackson Heart Foundation

Nonprofit profile at a glance

EIN
270723542
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-EZ 2016, Form 990-N 2010
Location
Jackson, MS, USA
Phone
6019827850
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$1,032,259
Expenses
$431,839
Assets
$1,159,394
Liabilities
$0

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

Leadership & pay

13 people listed

Executive titles in this filing

  • MORGAN GEARY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MORGAN GEARY (EXECUTIVE DIRECTOR): $68,333 total reported compensation

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

Overview

Mission

The purpose of the jackson heart foundation is to lead the fight against heart disease in our community through education, prevention, and early detection.

What it reported doing in 2024

The museum trail is our signature program focused on building an expansive multi-use trai for walking and biking connecting 1.4 miles of pathways to museums, parks, and neighborhoods. The last decade, jhf has served as a fiduciary to reserve private funds for the project to match the city's public funds. This multi-purpose trail will connect the Mississippi farmer's market and downtown museums to the Mississippi children's museum and natural science museum at lefleur's bluff state park. The trail's phase 1 grand opening was october 10, 2020 and is a great asset to those living in the jackson metro area. Funds were raised to complete phase 1 of an expansive multi-use trail for walking and biking connecting 1.4 miles of pathways to museums, parks, and neighborhoods. Phase 2 of construction is expected to be completed in october 2023 in the lefleur museum district. Our vision is to create a healthier jackson that increases access to outdoor exercise, promotes mental health, and increases the quality of life for our community.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 94
  • Accountability: 74
  • Sustainability: 79
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 36.6%; rating input score 37
  • Program expense ratio: 83.9%; rating input score 84
  • Fundraising efficiency: $42.1 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 58.2%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 2.68; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
  • Officer compensation ratio: 15.8%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 25.3% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 16.1% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 10.4% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 36.6% of revenue deployed · 83.9% of spending went to programs
  • Governance: 12 of 12 board members independent · 3 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $362K in reported program spending
  • Leadership: top reported pay $68K · 13 people listed
  • Highest-paid contractors: 1 contractor listed · $118K reported
  • Consistency: 21 of 21 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 9 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • High — Sustainability: Officer compensation ratio scored 21/100.