Vernon & Leoma Jenniges Educational
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Vernon & Leoma Jenniges Educational is a 501(c)(3) organization based in Springfield, Minnesota, registered in 1991, with $28,318 in FY2024 revenue. CharityIndex grades it C+.
Farmers Merchants State Bank, Springfield, MN, 56087 EIN 41-6325986 Since 1991
Revenue (FY2024)
$28K
▲ 21.2% vs prior year
Expenses (FY2024)
$25K
Net assets
$357K
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 Vernon & Leoma Jenniges Educational— 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 rating171 mo reserves · +12% 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 Vernon & Leoma Jenniges Educational: 171 mo reserves · +12% 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 Vernon & Leoma Jenniges Educational— 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 Vernon & Leoma Jenniges Educational: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Farmers Merchants State Bank, Springfield, MN, 56087
- City
- Springfield
- State
- Minnesota
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $47K (FY2013) to $28K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $357K
Operating margin
11.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$357K
Total liabilities
$0
Net assets
$357K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $28,318▲21.2% | $25,012▼4.9% | $356,687▲0.9% | $356,687▲0.9% | 990PF |
| 2023 | $23,366▼28.8% | $26,303▼20.6% | $353,381▼0.2% | $353,381▼0.2% | 990PF |
| 2022 | $32,801▼4.6% | $33,124▲19.2% | $354,018▲1.2% | $354,018▲1.2% | 990PF |
| 2021 | $34,382▲4339% | $27,789▲8.1% | $349,966▲1.9% | $349,966▲1.9% | 990PF |
| 2020 | -$811▼104% | $25,708▲18.0% | $343,373▼6.8% | $343,373▼6.8% | 990PF |
| 2019 | $21,823▼26.9% | $21,780▼22.1% | $368,287▲0.6% | $368,287▲0.6% | 990PF |
| 2018 | $29,863▲18.1% | $27,972▲10.7% | $365,949▲0.5% | $365,949▲0.5% | 990PF |
| 2017 | $25,289▲39.0% | $25,270▲3.0% | $364,058▲0.6% | $364,058▲0.6% | 990PF |
| 2016 | $18,187▼27.9% | $24,530▼2.7% | $361,839▼1.0% | $361,839▼1.0% | 990PF |
| 2015 | $25,222▲8.5% | $25,213▼5.1% | $365,457▲0.3% | $365,457▲0.3% | 990PF |
| 2014 | $23,243▼50.3% | $26,565▼26.0% | $364,273▼0.6% | $364,273▼0.6% | 990PF |
| 2013 | $46,748 | $35,892 | $366,545 | $366,545 | 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 Vernon & Leoma Jenniges Educational a legitimate nonprofit?
- Yes. Vernon & Leoma Jenniges Educational is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-6325986, based in Springfield, Minnesota. Donations are tax-deductible.
- What is Vernon & Leoma Jenniges Educational's EIN?
- Vernon & Leoma Jenniges Educational's Employer Identification Number (EIN) is 41-6325986.
- How much revenue does Vernon & Leoma Jenniges Educational report?
- Vernon & Leoma Jenniges Educational reported $28,318 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Vernon & Leoma Jenniges Educational have?
- CharityIndex grades Vernon & Leoma Jenniges Educational C+, based on financial health (reserves and operating margin).
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Data for Vernon & Leoma Jenniges Educational (EIN 41-6325986) 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.