The Lorraine Jackson Foundation
Nonprofit profile at a glance
- EIN
- 760761292
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Calabasas, CA, USA
- Phone
- 3107536556
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $36,578
- Expenses
- $20,897
- Assets
- $64,129
- Liabilities
- $8,442
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- LORRAINE JACKSON (President & CEO)
- JANICE SMALLWOOD MCKENZIE (Vice President)
People named in this filing
- LORRAINE JACKSON (President & CEO)
- JANICE SMALLWOOD MCKENZIE (Vice President)
- ELSA O'HARE (Secretary)
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 organizations primary exempt purpose is to provide scholarships for secondary education to children who have lost a parent to breast cancer.
What it reported doing in 2024
The organization sponsored two special events and solicited contributions to raise funds to fulfill its primary exempt purpose. In 2024, the organization awarded two $1,000 scholarships to a students for secondary education.
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
MIXED - 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: 7
- Transparency & Controls: 82
- Sustainability: 72
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.5%; rating input score 5
- Program expense ratio: 9.6%; rating input score 10
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 42.9%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 3.07; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -2.5% per year; rating input score 0; 41st percentile among comparable filings
- Revenue growth: 9.4% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 21.8% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 5.5% of revenue deployed · 9.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 5/100.
- High — Financial Efficiency: Program expense ratio scored 10/100.
- 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 — Sustainability: Liabilities to assets ratio scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.