The Eric T and Elizabeth C Jacobsen Foundation is a 501(c)(3) organization based in Park City, Utah, registered in 2000, with -$25,916 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
-$26K
▲ 94.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$279K
Net assets
$3.8M
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 The Eric T and Elizabeth C Jacobsen 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 The Eric T and Elizabeth C Jacobsen Foundation: 162 mo reserves · -1177% margin earns a F 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 The Eric T and Elizabeth C Jacobsen 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 The Eric T and Elizabeth C Jacobsen Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $194K (FY2013) to -$26K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-1177.1%
Spent more than it raised in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$0
Net assets
$3.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | -$25,916▲94.2% | $279,135▼0.8% | $3,757,107▼5.0% | $3,757,107▼5.0% | 990PF |
| 2023 | -$448,237▼738% | $281,407▲89.7% | $3,953,444▼17.8% | $3,953,444▼17.8% | 990PF |
| 2022 | $70,211▼93.4% | $148,353▼45.0% | $4,811,030▼9.5% | $4,811,030▼9.5% | 990PF |
| 2021 | $1,057,474▲550% | $269,737▲107% | $5,318,133▼1.8% | $5,318,133▼1.8% | 990PF |
| 2020 | $162,598▲30.2% | $130,418▼38.7% | $5,413,548▲8.5% | $5,413,548▲8.5% | 990PF |
| 2019 | $124,906▲12.6% | $212,709▲28.0% | $4,988,431▲11.8% | $4,988,431▲11.8% | 990PF |
| 2018 | $110,960▼84.9% | $166,188▼48.7% | $4,461,010▼2.4% | $4,461,010▼2.4% | 990PF |
| 2017 | $735,456▲219% | $323,922▲153% | $4,569,887▲20.4% | $4,569,887▲20.4% | 990PF |
| 2015 | $230,750▼10.9% | $127,967▼26.2% | $3,795,496▲2.8% | $3,795,496▲2.8% | 990PF |
| 2014 | $259,058▲33.4% | $173,424▲50.5% | $3,692,713▲2.4% | $3,692,713▲2.4% | 990PF |
| 2013 | $194,180 | $115,240▼58.2% | $3,607,079▲2.2% | $3,607,079▲2.2% | 990PF |
| 2012 | — | $275,960▼1.8% | $3,528,139▼1.2% | $3,528,139▼1.2% | 990PF |
| 2011 | — | $281,004 | $3,570,370 | $3,570,370 | 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 The Eric T and Elizabeth C Jacobsen Foundation (EIN 87-0661833) 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.