Tommy B and Lucille Jackson Slaughter Foundation 2 is a 501(c)(3) organization based in Marshall, Texas, registered in 2005, with $94,531 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$95K
▼ 40.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$230K
Net assets
$1.9M
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 Tommy B and Lucille Jackson Slaughter Foundation 2— 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 Tommy B and Lucille Jackson Slaughter Foundation 2: 101 mo reserves · -143% 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 Tommy B and Lucille Jackson Slaughter Foundation 2— 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 Tommy B and Lucille Jackson Slaughter Foundation 2: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $320K (FY2013) to $95K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-142.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.9M
Total liabilities
$0
Net assets
$1.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $94,531▼40.2% | $229,574▲5.1% | $1,933,020▼6.6% | $1,933,020▼6.6% | 990PF |
| 2023 | $158,128▲15.5% | $218,335▼8.6% | $2,069,712▼2.9% | $2,069,712▼2.9% | 990PF |
| 2022 | $136,952▼33.4% | $238,946▲7.5% | $2,131,169▼4.7% | $2,131,169▼4.7% | 990PF |
| 2021 | $205,711▲39.2% | $222,353▲3.7% | $2,235,414▼0.9% | $2,235,414▼0.9% | 990PF |
| 2020 | $147,795▲24.4% | $214,498▲4.2% | $2,254,714▼2.9% | $2,254,714▼2.9% | 990PF |
| 2019 | $118,782▼23.7% | $205,759▲1.1% | $2,322,231▼3.7% | $2,322,231▼3.7% | 990PF |
| 2018 | $155,606▲14.2% | $203,443▲3.3% | $2,411,391▼2.0% | $2,411,391▼2.0% | 990PF |
| 2017 | $136,298▲20.5% | $196,942▼2.4% | $2,460,232▼2.4% | $2,460,232▼2.4% | 990PF |
| 2016 | $113,075▲1.2% | $201,886▼5.6% | $2,521,556▼3.4% | $2,521,556▼3.4% | 990PF |
| 2015 | $111,730▼59.1% | $213,909▲15.4% | $2,610,961▼3.8% | $2,610,961▼3.8% | 990PF |
| 2014 | $273,046▼14.6% | $185,370▲5.8% | $2,715,494▲3.2% | $2,715,494▲3.2% | 990PF |
| 2013 | $319,555 | $175,270▲9.4% | $2,630,695▲5.8% | $2,630,695▲5.8% | 990PF |
| 2012 | — | $160,222▲18.5% | $2,487,316▼1.4% | $2,487,316▼1.4% | 990PF |
| 2011 | — | $135,237▲20.3% | $2,521,770▲21.4% | $2,521,770▲21.4% | 990PF |
| 2010 | — | $112,398▲10.2% | $2,076,624▲17.8% | $2,076,624▲17.8% | 990PF |
| 2009 | — | $102,009 | $1,762,976 | $1,762,976 | 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 Tommy B and Lucille Jackson Slaughter Foundation 2 (EIN 20-3114793) 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.