Jeffrey Osborne Foundation

Nonprofit profile at a glance

EIN
460925456
IRS 990 coverage
2014–2025
Forms available
Form 990 2025, Form 990-N 2013
Location
Providence, RI, USA
Phone
4015568662
Rating confidence
Limited
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$-32,441
Expenses
$57,053
Assets
$151,689
Liabilities
$97,976

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Jeffrey Osborne (President)

People named in this filing

  • Jeffrey Osborne (President)
  • Tiffany Osborne Robinson (Secretary)
  • Arnold Hackett (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Support music and the arts for children and families, and safe-haven for families in need.

What it reported doing in 2025

The Jeffrey Osborne Charity Classic includes a golf tournament, auction, and related events attended by world-class entertainers, celebrities and sports figures as well as Rhode Islanders. Live music and performances were featured throughout the events. The events generated awareness for important charitable initiatives in RI and provided an opportunity for the beneficiaries of funds from the Foundation to meet Jeffey Osborne and many of his close friends and colleagues who have joined him in the support of the causes. The funds raised by these events will be used to support several organziations that suppor a continued push for music and the arts to children and their famileis as well as those who provide a safe-haven for families in need.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Grant intermediary. The nonprofit sent 77% of its reported program spending out as grants.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 94
  • Accountability: 88
  • Sustainability: 24
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 91.6%; rating input score 92
  • Fundraising efficiency: Limited

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; 81st 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; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -275.9%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 2.66; rating input score 42; 42nd percentile among comparable filings
  • Liabilities to assets ratio: 0.65; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -16.3% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -17.3% per year; rating input score 0; 21st percentile among comparable filings
  • Asset growth: 12% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 91.6% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $52K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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 — Sustainability: Operating margin scored 9/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.