Melvin W Jones Foundation
Only null% goes to programs Strong reserves Growing revenue
Melvin W Jones Foundation is a 501(c)(3) organization based in Winston Salem, North Carolina, registered in 2003, with $1,001,643 in FY2024 revenue. CharityIndex grades it C+.
2630 Crow Hill Dr, Winston Salem, NC, 27106 EIN 71-0891914 Since 2003
Revenue (FY2024)
$1.0M
▲ 21674.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$4,539
Net assets
$1.0M
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 Melvin W Jones Foundation— 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 rating2691 mo reserves · +100% 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 Melvin W Jones Foundation: 2691 mo reserves · +100% 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 Melvin W Jones Foundation— 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 Melvin W Jones Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2630 Crow Hill Dr, Winston Salem, NC, 27106
- City
- Winston Salem
- State
- North Carolina
- Subcategory
- Private Foundations
Financial trends
Revenue grew from $11K (FY2017) to $1.0M (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $82Net assets $1.0M
Operating margin
99.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$82
Net assets
$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,001,643▲21675% | $4,539▼14.1% | $1,017,957▲4782% | $1,018,039▲4724% | 990PF |
| 2023 | $4,600▲0.6% | $5,283▼4.8% | $20,853▼3.2% | $21,103▼3.0% | 990PF |
| 2022 | $4,571▼4.8% | $5,547▲53.7% | $21,536▼4.3% | $21,761▼5.2% | 990PF |
| 2021 | $4,800▼16.9% | $3,609▼10.3% | $22,512▲5.6% | $22,952▲7.6% | 990PF |
| 2020 | $5,775▲45.8% | $4,023▼34.1% | $21,321▲9.0% | $21,321▲7.2% | 990PF |
| 2019 | $3,960▼63.6% | $6,106▲5.7% | $19,569▼9.9% | $19,889▼11.9% | 990PF |
| 2018 | $10,865▲1.7% | $5,777▼52.2% | $21,715▲30.6% | $22,572▲25.1% | 990PF |
| 2017 | $10,684 | $12,077 | $16,627 | $18,037 | 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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Frequently asked questions
- Is Melvin W Jones Foundation a legitimate nonprofit?
- Yes. Melvin W Jones Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 71-0891914, based in Winston Salem, North Carolina. Donations are tax-deductible.
- What is Melvin W Jones Foundation's EIN?
- Melvin W Jones Foundation's Employer Identification Number (EIN) is 71-0891914.
- How much revenue does Melvin W Jones Foundation report?
- Melvin W Jones Foundation reported $1,001,643 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Melvin W Jones Foundation have?
- CharityIndex grades Melvin W Jones Foundation C+, based on financial health (reserves and operating margin).
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Data for Melvin W Jones Foundation (EIN 71-0891914) 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.