Jubilee Jobs of Lexington Inc
Nonprofit profile at a glance
- EIN
- 271058855
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-EZ 2013
- Location
- Lexington, KY, USA
- Phone
- 8599770128
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Employment Procurement Assistance
Reported finances
- Revenue
- $812,526
- Expenses
- $743,495
- Assets
- $720,971
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
People named in this filing
- KIKI BARNETT (SECRETARY)
- PETER BARR (CHAIR)
- MATT BURTON (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to provide hope to disadvantaged job seekers in central Kentucky with a program designed to help them gain employment and follow up counseling.
What it reported doing in 2024
Jubilee jobs of lexington is a non profit job placement agency located in lexington, ky. We specialize in finding entry level jobs for the unemployed. Our process focuses on compassion, rapid and accurate assessment of applicants interests, abilities and placement in the most appropriate job possible. Our applicants complete a two-week, seven-step program that is based on accountability. We provide skilled job preparation, placement, retention and career advancement to help the disadvantaged job seekers move beyond poverty toward self reliance. Our job process is free to both applicants and employers. Our motto is "work for sustenance, dignity and hope." jubilee jobs is a place of hope in a time of growing poverty and despair for residents in the central Kentucky area. Currently we have recruited over 100 different employers to match up with our employment candidates and we are currently working to add to our employers list.
Operating model
- Revenue model
- Donor-supported. 75% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 92
- Accountability: 82
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.3%; rating input score 85
- Program expense ratio: 92.9%; rating input score 93
- Fundraising efficiency: $31.62 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 8.5%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.97; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 13.7% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 11.5% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 17.2% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 85.3% of revenue deployed · 92.9% of spending went to programs
- Governance: 18 of 18 board members independent · 4 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $690K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 6 not reported.
- Review — Sustainability: Operating margin scored 58/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.