Jingle Bells Foundation
Nonprofit profile at a glance
- EIN
- 205212194
- IRS 990-EZ coverage
- 2011–2021
- Forms available
- Form 990-EZ 2021
- Location
- Alexandria, MN, USA
- Phone
- 3207623653
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $109,098
- Expenses
- $107,802
- Assets
- $138,401
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- CHELSEY KOOPMAN (PRESIDENT)
People named in this filing
- Tracey Olson (DIRECTOR)
- JOE KORKOWSKI (DIRECTOR)
- MATT GILBERTSON (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-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide assistance to individuals suffering hardship.
What it reported doing in 2021
The jingle bells telethon is a live televised variety show held yearly in december by the members. The purpose is raising funds for delivery of food toy baskets to the areas needy during the holiday season. Approx. 1,000 basket
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 100
- Sustainability: 39
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.2%; rating input score 77
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 1.2%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 1.28; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: -0.7% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: 2.1% per year; rating input score 100; 31st percentile among comparable filings
Details
- Where the money goes: 77.2% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2011 to 2021
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 29/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.