J & M Foundation is a 501(c)(3) organization based in Salinas, California, registered in 2008, with $304,532 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$305K
▲ 140.4% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$254K
Net assets
$3.6M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for J & M Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For J & M Foundation: 172 mo reserves · +17% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for J & M Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For J & M Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $230K (FY2013) to $305K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
16.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$0
Net assets
$3.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $304,532▲140% | $253,829▼2.2% | $3,632,645▲1.4% | $3,632,645▲1.4% | 990PF |
| 2023 | $126,683▼45.5% | $259,466▲6.2% | $3,581,942▼3.6% | $3,581,942▼3.6% | 990PF |
| 2022 | $232,551▼21.9% | $244,336▲11.5% | $3,714,725▼0.3% | $3,714,725▼0.3% | 990PF |
| 2021 | $297,813▲65.5% | $219,056▼5.2% | $3,726,510▲2.2% | $3,726,510▲2.2% | 990PF |
| 2020 | $179,901▲17.4% | $231,182▲0.6% | $3,647,753▼1.4% | $3,647,753▼1.4% | 990PF |
| 2019 | $153,300▼19.2% | $229,780▼1.3% | $3,699,034▼2.0% | $3,699,034▼2.0% | 990PF |
| 2018 | $189,649▼66.0% | $232,864▲11.0% | $3,775,514▼1.1% | $3,775,514▼1.1% | 990PF |
| 2017 | $557,388▲288% | $209,836▼2.9% | $3,818,729▲10.0% | $3,818,729▲10.0% | 990PF |
| 2016 | $143,602▼9.6% | $216,129▼4.7% | $3,471,177▼2.0% | $3,471,177▼2.0% | 990PF |
| 2015 | $158,825▼35.1% | $226,907▼0.8% | $3,543,704▼1.9% | $3,543,704▼1.9% | 990PF |
| 2014 | $244,886▲6.4% | $228,811▲5.7% | $3,611,786▲0.4% | $3,611,786▲0.4% | 990PF |
| 2013 | $230,256 | $216,572▲6.2% | $3,595,711▲0.4% | $3,595,711▲0.4% | 990PF |
| 2012 | — | $203,976▲2.8% | $3,582,027▼0.1% | $3,582,027▼0.1% | 990PF |
| 2011 | — | $198,481 | $3,584,591 | $3,584,591 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Explore more
Data for J & M Foundation (EIN 26-1392022) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.