The Thomas E Jernigan Foundation is a 501(c)(3) organization based in Birmingham, Alabama, registered in 1987, with $1,370,554 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$1.4M
▲ 132.4% vs prior year
Expenses (FY2024)
$996K
Net assets
$12.5M
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 Thomas E Jernigan 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 Thomas E Jernigan Foundation: 150 mo reserves · +27% 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 The Thomas E Jernigan 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 Thomas E Jernigan Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.2M (FY2013) to $1.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
27.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$12.5M
Total liabilities
$55K
Net assets
$12.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,370,554▲132% | $995,992▲5.6% | $12,465,630▲3.1% | $12,520,345▲3.1% | 990PF |
| 2023 | $589,823▲38.7% | $943,324▼16.3% | $12,091,068▼2.8% | $12,140,959▼2.8% | 990PF |
| 2022 | $425,203▼66.5% | $1,126,885▲8.1% | $12,444,569▼5.3% | $12,490,630▼5.3% | 990PF |
| 2021 | $1,269,393▲11.5% | $1,042,850▲7.4% | $13,146,251▲1.8% | $13,191,076▲1.7% | 990PF |
| 2020 | $1,138,357▲289% | $971,127▲2.5% | $12,919,708▲1.3% | $12,969,149▲1.3% | 990PF |
| 2019 | $292,705▼67.4% | $947,110▼1.4% | $12,752,478▼4.9% | $12,801,317▼4.9% | 990PF |
| 2018 | $896,903▲41.2% | $960,605▼3.5% | $13,406,883▼0.5% | $13,455,664▼0.5% | 990PF |
| 2017 | $635,091▼44.0% | $995,598▲9.3% | $13,470,585▼2.6% | $13,517,894▼2.6% | 990PF |
| 2016 | $1,134,231▲9920% | $910,544▼0.3% | $13,831,092▲1.6% | $13,876,511▲0.8% | 990PF |
| 2015 | $11,320▼98.9% | $913,035▼5.3% | $13,607,405▼6.2% | $13,768,146▼5.4% | 990PF |
| 2014 | $1,011,077▼18.9% | $963,797▲2.2% | $14,513,546▲0.3% | $14,551,764▲0.3% | 990PF |
| 2013 | $1,245,941 | $942,779▲2.3% | $14,466,266▲2.1% | $14,508,476▲1.9% | 990PF |
| 2012 | — | $921,809▲4.9% | $14,171,500▼0.6% | $14,238,308▼0.2% | 990PF |
| 2011 | — | $878,352▲1.3% | $14,264,100▼2.1% | $14,264,100▼2.1% | 990PF |
| 2010 | — | $867,492 | $14,573,793 | $14,573,793 | 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 Thomas E Jernigan Foundation (EIN 63-0935852) 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.