William J Jernick Memorial Fund is a 501(c)(3) organization based in Laurel, Maryland, registered in 2003, with $76,547 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$77K
▼ 50.2% vs prior year
Human Services median: $293K
Expenses (FY2023)
$32K
Net assets
$943K
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 William J Jernick Memorial Fund— 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 William J Jernick Memorial Fund: 357 mo reserves · +59% 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 William J Jernick Memorial Fund— 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 William J Jernick Memorial Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $92K (FY2020) to $77K (FY2023) across 4 reported years.
Financial snapshot
Operating margin
58.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$943K
Total liabilities
$0
Net assets
$943K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $76,547▼50.2% | $31,683▼24.7% | $943,425▲5.2% | $943,425▲5.2% | 990PF |
| 2022 | $153,840▲106% | $42,088▲101% | $896,830▲14.2% | $896,830▲14.2% | 990PF |
| 2021 | $74,700▼19.1% | $20,945▼16.2% | $785,079▲4.1% | $785,079▲4.1% | 990PF |
| 2020 | $92,281 | $25,000 | $754,402 | $754,402 | 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 William J Jernick Memorial Fund (EIN 52-2206999) 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.