J F Maddox Foundation is a 501(c)(3) organization based in Hobbs, New Mexico, registered in 1964, with $14,360,756 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$14.4M
▲ 49.8% vs prior year
Education median: $200K
Expenses (FY2024)
$13.2M
Net assets
$247.3M
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 F Maddox 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 F Maddox Foundation: 225 mo reserves · +8% 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 F Maddox 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 F Maddox Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $15.6M (FY2020) to $14.4M (FY2024) across 5 reported years.
Financial snapshot
Operating margin
8.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$247.3M
Total liabilities
$0
Net assets
$247.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $14,360,756▲49.8% | $13,164,858▼21.1% | $247,296,657▲0.5% | $247,296,657▲0.5% | 990PF |
| 2023 | $9,585,770▼40.4% | $16,682,563▼4.1% | $246,100,759▼2.8% | $246,101,367▼2.8% | 990PF |
| 2022 | $16,076,297▼45.9% | $17,398,292▲12.0% | $253,197,552▼0.5% | $253,197,980▼0.5% | 990PF |
| 2021 | $29,688,484▲90.7% | $15,540,990▲53.7% | $254,519,547▲5.9% | $254,534,261▲5.9% | 990PF |
| 2020 | $15,567,055 | $10,112,889 | $240,372,053 | $240,372,497 | 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.
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Data for J F Maddox Foundation (EIN 75-6023767) 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.