Jordan Development Corporation

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

5 people listed

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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Rental Housing for the handicapped and elderly

Provided funding for handicapped and elderly housing development in the crozet and charlottesville area.

Revenue model: No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model: Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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

Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
Pay-setting controls: Limited
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

Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail

Operating margin: Limited
Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
Liabilities to assets ratio: Limited
Officer compensation ratio: Limited

Program expense growth: 86.7% per year; rating input score 100; 96th percentile among comparable filings
Revenue growth: -33.3% per year; rating input score 0; 16th percentile among comparable filings
Asset growth: -39.6% per year; rating input score 0; 5th percentile among comparable filings

Where the money goes: 98.6% of spending went to programs
Governance: 5 of 5 board members independent · 5 of 9 filing controls reported
Programs: 1 filed program accomplishment · $405K in reported program spending
Leadership: top reported pay $0 · 5 people listed
Consistency: 11 of 12 current checks pass · 1 finding to review
Schedules: 6 filed schedules · includes grants
Filing history: 4 filing years from 2013 to 2016
Contacts: How to reach this organization
Money network: 2 filed money-flow records
Related organizations: 2 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.

Signals prioritize questions for review. They are not findings of misconduct.

High — Sustainability: Total-asset coverage ratio scored 2/100.
Review — Accountability: Governance controls: 4 of 9 not reported.
High — Growth: Revenue growth scored 0/100.
Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
High — Growth: Asset growth scored 0/100.