Jewish Foundation of Greensboro

Nonprofit profile at a glance

EIN
372007864
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2021
Location
Greensboro, NC, USA
Phone
3366046030
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Foundations
Affiliation
Judaism

Official website

Reported finances

Revenue
$9,142,923
Expenses
$5,773,800
Assets
$107,632,111
Liabilities
$58,293,518

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

Leadership & pay

22 people listed

Executive titles in this filing

  • JENNY KAISER (FEDERATION PRESIDENT)
  • SUSAN GUTTERMAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • SUSAN GUTTERMAN (EXECUTIVE DIRECTOR): $168,808 total reported compensation

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

Overview

Mission

Guided by jewish values of tzedakah (justice), tikkun olam (healing the world), and klal yisrael (jewish peoplehood), the mission of the foundation is to provide continuity of financial support to jewish institutions and programs, as well as community organizations through the encouragement of jewish philanthropy, the creation and growth of endowment funds for institutions and programs, the provision of flexible services that aid donors in achieving a broad range of charitable purposes, and the support of humanitarian, educational, social service, health, environmental, arts and cultural programs

What it reported doing in 2024

The jewish foundation of greensboro (jfg) was established to create permanent endowments to ensure the viability of jewish community life and education for future generations. Jfg is a resource offering ongoing educational programs and providing advice and assistance for donors to give strategically. Jfg provides donors with the ability to establish legacy endowments which can benefit organizations that are important to them. Gifts to jfg can be made outright during the donor's lifetime or through one of the planned giving vehicles. Gifts can be made with cash or appreciated assets; charitable bequests; retirement plans assets; insurance programs; and real estate transfers. Donors can establish donor advised funds that jfg will administer, distribute, and steward on a donor's behalf.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 61
  • Accountability: 95
  • Sustainability: 81
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 56.8%; rating input score 57; 16th 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: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 36.8%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 18.64; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.54; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0.2%; rating input score 82; 82nd percentile among comparable filings

Growth

  • Program expense growth: 0.6% per year; rating input score 100; 16th percentile among comparable filings
  • Revenue growth: 27% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 10.9% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 21 of 21 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $5.8M in reported program spending
  • Leadership: top reported pay $169K · 22 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 88 filed money-flow records
  • Related organizations: 89 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Transparency & Controls: Grant itemization coverage scored 57/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.