The Jimmy Carroll Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 861622285 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is The Jimmy Carroll Foundation?

The Jimmy Carroll Foundation, located in Raleigh, North Carolina, is a small nonprofit organization with a single employee. Their mission is to extend love and justice, following the teachings of Jesus, in a practical manner. They achieve this by supporting other charitable nonprofit organizations that are dedicated to assisting families coping with prolonged hospital stays and chronic illnesses. The foundation's activities involve financially backing these like-minded organizations, thereby contributing to their shared vision of aiding families in need.


Official website here: www.thejimmycarrollfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating.

The Jimmy Carroll Foundation has achieved a Three-Star rating from Charity Navigator, reflecting a solid score of 83% primarily in the Accountability & Finance category. This rating indicates a commendable level of financial transparency and responsibility, with key strengths including a fully independent board and a strong program expense ratio of 73.88%, suggesting that a significant portion of funds is directed towards its programs.

While the foundation demonstrates a strong commitment to accountability, it has some limitations. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are important aspects of organizational governance. These omissions suggest areas for potential improvement to enhance their overall accountability framework.

Despite these areas for growth, the foundation has shown effective management of its assets, with a low liabilities to assets ratio of 5.39%. Overall, The Jimmy Carroll Foundation is recognized for its financial health and commitment to its mission, though it is encouraged to bolster its policies for better governance.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about The Jimmy Carroll Foundation?

While The Jimmy Carroll Foundation currently has three reviews on Facebook and is not yet rated collectively, the enthusiasm from the reviews suggests a strong commitment to its mission. One reviewer expressed excitement about the foundation's launch and highlighted a personal connection, emphasizing the vision that drives its work. This positive sentiment reflects a sense of community and support among those involved.

The overall impression is one of optimism and hope, with supporters feeling inspired by the foundation's goals. The mention of a personal connection indicates that stakeholders see value in the mission and are eager to see its impact on the lives it aims to touch. This early feedback gives a promising indication of the foundation's potential to garner further support and engagement as it grows.


This AI summary has been generated from reviews found on Facebook.

Is The Jimmy Carroll Foundation legitimate?

The Jimmy Carroll Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jimmy Carroll 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: $12,500
Professional Fundraising Fees: $3,234
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.thejimmycarrollfoundation.org

What is the mission statement of The Jimmy Carroll Foundation?

The Jimmy Carroll Foundation's mission is centered around supporting non-profit, charitable organizations. This support is extended to organizations that share the foundation's mission, which is to spread love and justice of Jesus in a tangible manner. The foundation's primary goal is to contribute to initiatives that aid families who have been affected by hospital stays and long-term illnesses. Their activities are aimed at offering practical assistance and love, aligning with the principles of justice.


Official website here: www.thejimmycarrollfoundation.org

Who is the CEO of The Jimmy Carroll Foundation?

Beverly Carroll is the President of The Jimmy Carroll Foundation.


Official website here: www.thejimmycarrollfoundation.org

What is the revenue of The Jimmy Carroll Foundation?

The Jimmy Carroll Foundation's revenue in 2022 was $4,072.


Official website here: www.thejimmycarrollfoundation.org

Who are the executives of The Jimmy Carroll Foundation and what are their salaries?

The average compensation at The Jimmy Carroll Foundation during 2022 was $12,500. There is 1 employee and 10 volunteers at The Jimmy Carroll Foundation.


Here are 4 key members and their salaries:


Beverly Carroll (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austin Carroll (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jarret Hamilton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hamilton (Ed/Treasurer)
  • Compensation: $12,500
  • Related: $0
  • Other: $0


Official website here: www.thejimmycarrollfoundation.org

Where can I find the form 990 for The Jimmy Carroll Foundation?

The Jimmy Carroll Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thejimmycarrollfoundation.org

Learn more at the official website: www.thejimmycarrollfoundation.org

Mission Statement of The Jimmy Carroll Foundation

The Jimmy Carroll Foundation is a supporting organization that focuses on lending a helping hand to nonprofit charitable entities. Sharing in their mission, this foundation seeks to embody the love and justice of Jesus in a tangible manner. Their primary goal is to extend aid to organizations that cater to families who have been affected by lengthy hospital stays or chronic illnesses. By offering their support, The Jimmy Carroll Foundation aims to make a practical difference in the lives of those in need.

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Impact




August, 2024

The impact of The Jimmy Carroll Foundation is felt in the support provided to charitable organizations sharing the mission of spreading love and justice in a practical way. By focusing on supporting families affected by hospital stays and long-term illness, the foundation plays a vital role in offering assistance where it is most needed. Operating in Raleigh, NC, The Jimmy Carroll Foundation's work embodies the spirit of human services, making a tangible difference in the lives of those facing challenges.




This information is meant to be a general summary of The Jimmy Carroll 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.

Revenue
$4,072 (2022)
Expenses
$125,456 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $4,072

Assets and Liabilities:

  • Total Assets: $1,285,589
  • Total Liabilities: $11,804
  • Net Assets: $1,273,785

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Organization Details

Founding Year

2021

Principal Officer

Beverly Carroll

Main Address

PO BOX 61103, RALEIGH, NC, 27661

NTEE Category

Code: P12 - Human services

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