Jennifer Friedman Ackerman Foundation
Nonprofit profile at a glance
- EIN
- 872305078
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Dallas, TX, USA
- Phone
- 2147323306
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $36,775
- Expenses
- $10,745
- Assets
- $98,248
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
People named in this filing
- Jon Ackerman (Director)
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 JFA Foundation will continue Jennifer Friedman Ackerman's legacy of community involvement and helping others. This foundation serves to financially support the Lake Highlands and greater Dallas communities.
What it reported doing in 2024
Foundation provided financial support for breast cancer research and local elementary school supplies.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 2
- Transparency & Controls: 82
- Sustainability: 79
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 1.4%; rating input score 1
- Program expense ratio: 4.7%; rating input score 5
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 70.8%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 9.14; rating input score 91; 91st 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: -95.2% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: -57.1% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 16.3% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 1.4% of revenue deployed · 4.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $500 in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 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 — Financial Efficiency: Mission deployment rate scored 1/100.
- High — Financial Efficiency: Program expense ratio scored 5/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.