J B Cornelius Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
J B Cornelius Foundation Inc is a 501(c)(3) organization based in Greenwood, South Carolina, registered in 1940, with $128,560 in FY2024 revenue. CharityIndex grades it C+.
18 Royal Oak Dr, Greenwood, SC, 29649 EIN 56-6060705 Since 1940
Revenue (FY2024)
$129K
▲ 5.2% vs prior year
Expenses (FY2024)
$102K
Net assets
$1.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 B Cornelius Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating195 mo reserves · +20% margin
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 B Cornelius Foundation Inc: 195 mo reserves · +20% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 B Cornelius Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 B Cornelius Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 18 Royal Oak Dr, Greenwood, SC, 29649
- City
- Greenwood
- State
- South Carolina
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $115K (FY2020) to $129K (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $1.7M
Operating margin
20.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$0
Net assets
$1.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $128,560▲5.2% | $102,398▼12.5% | $1,662,983▲0.6% | $1,662,983▲0.6% | 990PF |
| 2023 | $122,205▲4.6% | $117,015▲2.3% | $1,652,577▲0.7% | $1,652,577▲0.7% | 990PF |
| 2022 | $116,869▼10.1% | $114,418▼11.2% | $1,640,691▼1.3% | $1,640,691▼1.3% | 990PF |
| 2021 | $130,031▲13.2% | $128,828▲4.3% | $1,661,817▲0.3% | $1,661,817▲0.3% | 990PF |
| 2020 | $114,850 | $123,493▲22.4% | $1,656,764▲9.8% | $1,656,764▲9.8% | 990PF |
| 2009 | — | $100,854 | $1,508,992 | $1,508,992 | 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.
Frequently asked questions
- Is J B Cornelius Foundation Inc a legitimate nonprofit?
- Yes. J B Cornelius Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-6060705, based in Greenwood, South Carolina. Donations are tax-deductible.
- What is J B Cornelius Foundation Inc's EIN?
- J B Cornelius Foundation Inc's Employer Identification Number (EIN) is 56-6060705.
- How much revenue does J B Cornelius Foundation Inc report?
- J B Cornelius Foundation Inc reported $128,560 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does J B Cornelius Foundation Inc have?
- CharityIndex grades J B Cornelius Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for J B Cornelius Foundation Inc (EIN 56-6060705) 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.