Overview
What is Jevs Foundation?
Jevs Foundation is a nonprofit organization headquartered in Philadelphia, Pennsylvania. Its primary purpose is to raise funds to support and advance the charitable mission of Jevs Human Services and its affiliates. The foundation collects income from properties it holds and distributes the proceeds as determined by its board of directors. In the event that Jevs Foundation ceases to exist or loses its tax-exempt status, its assets would be transferred to another organization with similar charitable objectives. The funds raised by the foundation are utilized to fund strategic initiatives of Jevs Human Services and its affiliates. Additionally, Jevs Foundation solicits, receives, invests, and holds gifts, grants, contributions, and bequests for the benefit of Jevs Human Services and its affiliates.
Official website here: www.jevshumanservices.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97% (Four-Star out of Four Stars)
The Jevs Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 97%, the foundation demonstrates exemplary practices, particularly in areas such as board independence and financial oversight. Notably, the organization consists entirely of independent board members, and there has been no material diversion of assets, highlighting its commitment to transparency.
Strengths of the foundation include a high program expense ratio of 79.78%, indicating a significant portion of funds is directed towards programs rather than administrative costs. The organization also exhibits a solid financial health with a low liabilities-to-assets ratio of 6.41% and a substantial working capital ratio of 4.74 years, which suggests it is well-positioned to sustain its operations over the long term. Additionally, the foundation has comprehensive policies in place regarding conflict of interest and whistleblowing.
However, there is a noted area for improvement in fundraising efficiency, with a ratio of $0.002, which may indicate challenges in raising funds relative to expenses. Despite this limitation, the overall financial and operational integrity of the Jevs Foundation is commendable and signals a reliable charity for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Jevs Foundation legitimate?
Jevs Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jevs 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.jevshumanservices.org
What is the mission statement of Jevs Foundation?
The Jevs Foundation, as a nonprofit organization, is dedicated to raising funds to support and advance the charitable mission of Jevs Human Services and its affiliates. The resources gathered by the foundation are utilized to fund strategic initiatives of its sole member, Jevs Human Services, and its affiliated entities. Furthermore, the Jevs Foundation solicits, receives, invests, and manages gifts, grants, contributions, and bequests for the benefit of Jevs Human Services and its affiliates. Additionally, the foundation acquires and holds property for the use of Jevs Human Services and its affiliated organizations.
Official website here: www.jevshumanservices.org
Who is the CEO of Jevs Foundation?
Jay Spector is the CEO of Jevs Foundation The CEO's salary of Jevs Foundation is $0 and their total compensation is $569,572.
Official website here: www.jevshumanservices.org
What is the revenue of Jevs Foundation?
Jevs Foundation's revenue in 2024 was $1,503,213.
Official website here: www.jevshumanservices.org
Who are the executives of Jevs Foundation and what are their salaries?
There 5 volunteers at Jevs Foundation.
Here are 19 key members and their salaries (Jevs Foundation's CEO's salary is $0 and their total compensation is $569,572):
- Compensation: $0
- Related: $569,572
- Other: $0
- Compensation: $0
- Related: $391,715
- Other: $100,204
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $303,801
- Other: $62,381
Official website here: www.jevshumanservices.org
Where can I find the form 990 for Jevs Foundation?
Jevs Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.jevshumanservices.org
Learn more at the official website: www.jevshumanservices.org
Mission Statement of Jevs Foundation
The Jevs Foundation, as a nonprofit corporation, is dedicated to raising funds to support and advance the charitable mission of Jevs Human Services and its affiliates. The funds collected by the Foundation are utilized to fund strategic program initiatives of its sole member, Jevs Human Services, and its associated organizations. Furthermore, Jevs Foundation solicits, receives, invests, and holds gifts, grants, contributions, and bequests for the benefit of Jevs Human Services and its affiliates. Additionally, the Foundation acquires and holds property for the use of Jevs Human Services and its affiliates. In summary, the Jevs Foundation serves as a financial backbone, supporting the noble endeavors of Jevs Human Services and its affiliates, thereby contributing to their collective charitable mission.
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Impact
October, 2024
The Jevs Foundation plays a significant role in enhancing the impact of its sole member, JEVS Human Services, by raising essential funds that support a variety of strategic programs. This financial backing ensures that JEVS Human Services can continue to provide critical services that empower individuals, particularly in areas such as employment and skill development.
By acquiring and holding property, as well as soliciting and managing contributions, the Jevs Foundation effectively bolsters the resources available for JEVS Human Services and its affiliates. This support allows for a more robust delivery of programs tailored to meet the diverse needs of the community, fostering individual growth and self-sufficiency.
Ultimately, the foundation's efforts translate into meaningful change, helping individuals navigate their employment journeys and improve their overall quality of life in the Philadelphia area.
This information is meant to be a general summary of Jevs 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 2024.
- Investment Income: $503,462
- Program Service Revenue: $20,868
- Gross Receipts: $3,821,769
Assets and Liabilities:
- Total Assets: $20,698,322
- Total Liabilities: $1,575,464
- Net Assets: $19,122,858
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$20,868
Organization Details
Founding Year
1984
Principal Officer
Philip J Moran
Website
www.jevshumanservices.orgNTEE Category
Code: J112 - Employment
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