Jack N & Addie D Averitt Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Jack N & Addie D Averitt Foundation Inc is a 501(c)(3) organization based in Statesboro, Georgia, registered in 1994, with $235,000 in FY2024 revenue. CharityIndex grades it C+.
Po Box 568, Statesboro, GA, 30459 EIN 58-2093653 Since 1994
Revenue (FY2024)
$235K
▲ 141.4% vs prior year
Expenses (FY2024)
$82K
Net assets
$3.3M
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 Jack N & Addie D Averitt 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 rating480 mo reserves · +65% 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 Jack N & Addie D Averitt Foundation Inc: 480 mo reserves · +65% 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 Jack N & Addie D Averitt 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 Jack N & Addie D Averitt Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 568, Statesboro, GA, 30459
- City
- Statesboro
- State
- Georgia
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $174K (FY2013) to $235K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.3M
Operating margin
65.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.3M
Total liabilities
$0
Net assets
$3.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $235,000▲141% | $82,217▼66.2% | $3,286,759▲4.9% | $3,286,759▲4.9% | 990PF |
| 2023 | $97,334▼50.5% | $243,199▼4.1% | $3,133,976▼4.4% | $3,133,976▼4.4% | 990PF |
| 2022 | $196,469▼21.9% | $253,664▼14.0% | $3,279,841▼1.7% | $3,279,841▼1.7% | 990PF |
| 2021 | $251,670▲195% | $295,007▲18.0% | $3,337,036▼1.3% | $3,337,036▼1.3% | 990PF |
| 2020 | $85,264▲4.7% | $249,939▲189% | $3,380,373▼4.6% | $3,380,373▼4.6% | 990PF |
| 2019 | $81,419▼67.8% | $86,457▼12.8% | $3,545,048▼6.7% | $3,545,048▼6.7% | 990PF |
| 2017 | $253,007▲81.0% | $99,194▼58.1% | $3,797,697▲4.2% | $3,797,627▲4.2% | 990PF |
| 2016 | $139,745▼53.1% | $236,583▲4.8% | $3,643,884▼4.8% | $3,643,884▼4.8% | 990PF |
| 2014 | $297,768▲71.5% | $225,778▲12.4% | $3,827,050▲1.9% | $3,827,785▲1.9% | 990PF |
| 2013 | $173,648 | $200,848 | $3,755,060 | $3,755,795 | 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 Jack N & Addie D Averitt Foundation Inc a legitimate nonprofit?
- Yes. Jack N & Addie D Averitt Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-2093653, based in Statesboro, Georgia. Donations are tax-deductible.
- What is Jack N & Addie D Averitt Foundation Inc's EIN?
- Jack N & Addie D Averitt Foundation Inc's Employer Identification Number (EIN) is 58-2093653.
- How much revenue does Jack N & Addie D Averitt Foundation Inc report?
- Jack N & Addie D Averitt Foundation Inc reported $235,000 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Jack N & Addie D Averitt Foundation Inc have?
- CharityIndex grades Jack N & Addie D Averitt Foundation Inc C+, based on financial health (reserves and operating margin).
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Data for Jack N & Addie D Averitt Foundation Inc (EIN 58-2093653) 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.