Overview
What is Jimmie Johnson Foundation?
The Jimmie Johnson Foundation, headquartered in Charlotte, North Carolina, is a compassionate nonprofit organization that primarily focuses on bolstering K-12 public education. They achieve this goal through their Champions Grant Program, which provides financial aid to schools in North Carolina, addressing their critical needs. In 2022 alone, the foundation awarded $468,462 in grants to 18 schools. Dedicated to assisting children, families, and communities in need, the Jimmie Johnson Foundation strives to make a positive impact in the United States. With a small team of just 2 employees, they work tirelessly to create opportunities for education and growth.
Official website here: www.jimmiejohnsonfoundation.org
What are the reviews and ratings of this charity?
94% Rating from Charity Navigator
The Jimmie Johnson Foundation has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The evaluation highlights that the organization has a 100% independent board, with all members demonstrating a commitment to governance and oversight. Furthermore, the foundation has no material diversion of assets, indicating a high level of integrity in its financial practices.
In terms of operational transparency, the foundation excels in areas such as having a conflict of interest policy and a whistleblower policy in place. However, some limitations were identified, including the absence of documented board meeting minutes and the missing tax form on the nonprofit's website. These gaps in documentation suggest that while the foundation is strong in many respects, there is room for improvement in its transparency measures.
Overall, the Jimmie Johnson Foundation demonstrates a solid commitment to responsible management and effective program expenditure, with 71.16% of expenses directed toward its programs. With a low liabilities to assets ratio of 0.92%, the organization shows a strong financial position that supports its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Jimmie Johnson Foundation legitimate?
Jimmie Johnson Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jimmie Johnson Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $149,362
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.jimmiejohnsonfoundation.org
What is the mission statement of Jimmie Johnson Foundation?
The Jimmie Johnson Foundation is committed to aiding children, families, and communities in need, with a specific focus on the United States. Their current efforts primarily revolve around supporting K-12 public education. The foundation achieves this through its Champions Grant Program, which awards funds to schools in need, specifically in North Carolina, to help address their critical requirements. In 2022, the foundation distributed $468,462 in grant awards to 18 schools. In essence, the Jimmie Johnson Foundation strives to uplift underserved communities and schools, contributing to the overall betterment of education.
Official website here: www.jimmiejohnsonfoundation.org
Who is the CEO of Jimmie Johnson Foundation?
Jimmie Johnson is the President of Jimmie Johnson Foundation.
Official website here: www.jimmiejohnsonfoundation.org
What is the revenue of Jimmie Johnson Foundation?
Jimmie Johnson Foundation's revenue in 2022 was $907,156.
Official website here: www.jimmiejohnsonfoundation.org
Who are the executives of Jimmie Johnson Foundation and what are their salaries?
The average compensation at Jimmie Johnson Foundation during 2022 was $74,681. There are 2 employees and 14 volunteers at Jimmie Johnson Foundation.
Here are 7 key members and their salaries:
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- Compensation: $76,500
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- Compensation: $72,862
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Official website here: www.jimmiejohnsonfoundation.org
Where can I find the form 990 for Jimmie Johnson Foundation?
Jimmie Johnson Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jimmiejohnsonfoundation.org
Learn more at the official website: www.jimmiejohnsonfoundation.org
Mission Statement of Jimmie Johnson Foundation
The Jimmie Johnson Foundation is committed to assisting children, families, and communities in need, with a particular focus on supporting K-12 public education in the United States. Established with a dedication to lending a helping hand, this nonprofit organization seeks to make a difference in the lives of those who are less fortunate. At the heart of its mission, the Jimmie Johnson Foundation channels its efforts primarily through the Champions Grant Program. This program extends financial aid to schools situated in North Carolina, aiming to alleviate their critical needs. In 2022 alone, the foundation distributed grant awards totaling $468,462 to 18 schools, demonstrating its unwavering commitment to educational support. By funding and aiding schools, the Jimmie Johnson Foundation contributes to the betterment of future generations, thereby fostering a nurturing environment for children to thrive and grow.
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Impact
August, 2024
The impact of the Jimmie Johnson Foundation is primarily focused on supporting K-12 public education. In 2022, the foundation awarded $468,462 in grants to 18 schools in North Carolina through the Jimmie Johnson Foundation Champions Grant Program. These grants help address critical needs in the schools, ultimately benefiting the students, families, and communities they serve. This demonstrates the foundation's dedication to assisting children, families, and communities in need by directly impacting education at the grassroots level.
This information is meant to be a general summary of Jimmie Johnson Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,251
- Gross Receipts: $1,231,659
Assets and Liabilities:
- Total Assets: $437,748
- Total Liabilities: $4,636
- Net Assets: $433,112
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Organization Details
Founding Year
2005
Phone
(704) 586-1586Principal Officer
Jimmie Johnson
Main Address
PO BOX 242607, CHARLOTTE, NC, 28224
NTEE Category
Code: T22 - Philanthropy
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