Jeniam Ii Foundation
Nonprofit profile at a glance
- EIN
- 621651848
- IRS 990 coverage
- 2015–2015
- Forms available
- Form 990 2015
- Location
- Memphis, TN, USA
- Phone
- 9017284600
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Private Independent Foundations
Reported finances
- Revenue
- $185,671
- Expenses
- $1,161,780
- Assets
- $2,721,954
- Liabilities
- $80,855
Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- ROBERT M FOCKLER (PRESIDENT)
Highest reported compensation
- ROBERT M FOCKLER (PRESIDENT): $257,516 total reported compensation
- MACK E MCCAUL JR (TREASURER): $154,581 total reported compensation
- BARBARA S MORA HAYES (SECRETARY): $136,307 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2015. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary exempt purpose of the organization is to assist the community foundation of greater memphis, inc. In carrying out its charitable mission.
What it reported doing in 2015
The foundation's only program is to receive & accept property to be used exclusively for religious, charitable, scientific, literary, or educational purposes primarily in & for the benefit of the community of memphis & shelby county.
Operating model
- Revenue model
- Investment-supported. 100% of the money available for current operations came from recurring investment income.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 82
- Accountability: 53
- Sustainability: 28
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.5%; rating input score 92
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 79th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 42.9%; rating input score 43; 14th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -525.7%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 2.34; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 12.4%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 92.5% of spending went to programs
- Governance: 3 of 7 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $258K · 7 people listed · 3 of 6 pay-setting controls reported
- Consistency: 20 of 20 current checks pass
- Schedules: 6 filed schedules · includes grants and executive pay
- Contacts: How to reach this organization
- Money network: 23 filed money-flow records
- Related organizations: 35 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.
- Moderate — Accountability: Independent voting board scored 43/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Operating margin scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.