Overview
What is Jack's Family Fund?
Jack's Family Fund is a nonprofit organization located in Birmingham, Alabama, with the address 124 WEST OXMOOR ROAD. The primary mission of this organization is to provide financial aid to individuals in need, particularly those impacted by emergencies or disasters. These emergencies may include medical emergencies, accidents, immediate family member deaths, civil disasters, natural disasters, and sudden and severe personal or family crises. In such situations, Jack's Family Fund offers assistance with large, one-time costs, providing temporary relief to individuals who are temporarily unable to support themselves due to these crises. The organization serves communities where Jack's Family Restaurants, LP operates its restaurants.
Official website here: www.jacksfamilyfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 69%)
Jack's Family Fund has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its operations. The rating is solely based on the Accountability & Finance category, where the charity scored 69%. A positive highlight is the complete independence of its board members, as all 10 members are independent, which reflects well on governance.
However, the organization exhibits significant weaknesses, particularly in financial transparency. It has not provided financial statements and is missing several key policies, including conflict of interest and whistleblower policies. These deficiencies led to low scores in various areas, including documentation of financial practices, which could raise concerns regarding accountability.
On a positive note, the charity maintains a strong program expense ratio of 96.72%, indicating that a large majority of its resources are directed towards its programs rather than administrative costs. Nonetheless, the lack of financial disclosures and necessary governance policies is a critical area that Jack's Family Fund needs to address to enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Jack's Family Fund legitimate?
Jack's Family Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jack's Family Fund 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.
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Official website here: www.jacksfamilyfund.org
What is the mission statement of Jack's Family Fund?
Jack's Family Fund is an organization that provides financial aid in emergency situations to individuals classified as needy according to Treasury Regulation 1.179A04A(B)(2)(II)(D). This aid is extended to those who are part of the communities where Jack's Family Restaurants, LP operates its dining establishments. The emergencies the fund addresses include medical emergencies, accidents, immediate family member deaths, civil disasters or disturbances, property damage due to natural disasters and acts of nature, and sudden and severe personal or family crises. The fund assists with large, one-time costs associated with tragedies and disasters, providing relief for individuals who are temporarily not self-sufficient as a result of such crises.
Official website here: www.jacksfamilyfund.org
Who is the CEO of Jack's Family Fund?
Michael A Greco is the President of Jack's Family Fund.
Official website here: www.jacksfamilyfund.org
What is the revenue of Jack's Family Fund?
Jack's Family Fund's revenue in 2022 was $552,018.
Official website here: www.jacksfamilyfund.org
Who are the executives of Jack's Family Fund and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.jacksfamilyfund.org
Where can I find the form 990 for Jack's Family Fund?
Jack's Family Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jacksfamilyfund.org
Learn more at the official website: www.jacksfamilyfund.org
Mission Statement of Jack's Family Fund
Jack's Family Fund, as per its mission, provides financial aid in emergency situations to individuals classified as needy under Treasury Regulation 1.179A04A(B)(2)(II)(D), who are also members of the communities where Jack's Family Restaurants, LP has operating restaurants. The organization's emergency situations encompass medical emergencies, accidents, immediate family member deaths, civil disasters or disturbances, property damage due to natural disasters and acts of nature, and sudden and severe personal or family crises. Jack's Family Fund offers assistance with large, one-time costs associated with tragedies and disasters for individuals who are temporarily not self-sufficient as a result of a sudden and severe personal or family crisis. The fund aims to provide relief during these trying times, helping individuals in need to overcome the financial burdens that often accompany such crises.
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Impact
July, 2024
Jack's Family Fund provides vital support to individuals in need during emergency and disaster situations. By offering funds, goods, and services to those affected by medical emergencies, accidents, family crises, and natural disasters, the organization plays a crucial role in assisting community members who are temporarily unable to support themselves. Through their targeted assistance with one-time, large costs associated with tragedies, Jack's Family Fund helps ease the burden on individuals facing sudden and severe crises. This impactful work directly benefits the communities served by Jack's Family Restaurants, LP, providing essential help where it is most needed.
This information is meant to be a general summary of Jack's Family Fund. 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.
- Gross Receipts: $574,832
Assets and Liabilities:
- Total Assets: $559,694
- Total Liabilities: $11,545
- Net Assets: $548,149
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Organization Details
Founding Year
2017
Phone
(205) 945-8167Principal Officer
Michael A Greco
Main Address
124 WEST OXMOOR ROAD, BIRMINGHAM, AL, 35209
Website
www.jacksfamilyfund.orgNTEE Category
Code: P60 - Human services
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