Jefferson Chamber Foundation

Metairie, LA · Public charity (501(c)(3)) · Education

✓ Tax-deductible
Revenue
$132K
+36% vs prior year
Spent
$99K
To programs
65%
Net assets
$185K
By yearFY2020–FY2024
Revenue
$132K
FY2024▲ +36%
Revenue by fiscal year
FY2020$61K
FY2021$516K
FY2022$309K
FY2023$97K
FY2024$132K
Expenses
$99K
FY2024▼ -8%
Expenses by fiscal year
FY2020$95K
FY2021$348K
FY2022$462K
FY2023$107K
FY2024$99K
Net assets
$185K
FY2024▲ +22%
Net assets by fiscal year
FY2020$149K
FY2021$316K
FY2022$162K
FY2023$151K
FY2024$185K

From the FY2024 Form 990 · see the original

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CJefferson Chamber Foundation
EINHdr · item D20-5740978
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJun 2007
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CMetairie, LA
NTEE classificationIRS BMFEducation (B60)
WebsiteHdr · item Jwww.jeffersonchamber.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.65 Management & general $0.35
Program services65%$64K
Management & general35%$35K
Total functional expensesLn 25$99K

Financial health

Is it on solid ground?

Program efficiency
65%
of spending reaches programs▼ -9% vs prior filing year
Operating runway
22.5mo
months of highly liquid reserves at operating expense rate▲ +33% vs prior filing year
Surplus margin
+25%
revenue over expenses, this year▲ +324% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$202K
FY2024▲ +33%
Total assets by fiscal year
FY2020$154K
FY2021$319K
FY2022$162K
FY2023$151K
FY2024$202K
Total liabilities
$17K
FY2024
Total liabilities by fiscal year
FY2020$5K
FY2021$4K
FY2022$0
FY2023$0
FY2024$17K
Revenue less expensesPt I · Ln 19$33K
Total assetsPt X · Ln 16$202K
Program-expense ratioPt IX · col B65%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$185K
Total assetsLn 16$202K
Total liabilitiesLn 26$17K
Total net assetsLn 32$185K
Months of cash on handcomputed22.5

Statement of Revenue

Part VIII
Program service revenue$123K · 94%
Contributions & grants$8K · 6%
Program service revenue94%$123K
Contributions & grants6%$8K
Total revenueLn 12$132K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $185K · Operating expenses/yr $99K
22.5 months
Where the money goes
Program services
Program services $64K · Total expenses $99K
65%
Management & General
Management & general $35K · Total expenses $99K
35%
Fundraising
Fundraising $0 · Total expenses $99K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $7K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $8K · Total revenue $132K
6%
Government reliance
Government grants — · Total revenue $132K
—
Earned-income share
Program service revenue $123K · Total revenue $132K
94%
Investment reliance
Investment income $0 · Total revenue $132K
0%
Program self-sufficiency
Program service revenue $123K · Total expenses $99K
125%
Growth & trend
Revenue growth (YoY)
This year $132K · Prior year $97K
+36%
Revenue CAGR
FY2020 $61K · FY2024 $132K
+21%
Net-asset trend (YoY)
End of year $185K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $132K · Expenses $99K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $202K
—
Net-asset ratio
Net assets $185K · Total assets $202K
92%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $202K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual E Frederick Preis · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $99K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $99K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 65%——
Overhead ratio 35%——
Fundraising cost ratio 0%——
Revenue growth 36%——
Accounting fee ratio 1%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Jefferson Chamber Foundation executive salaries →

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Governance & Policies

Part VI
  • 6Voting board membersPt VI · Ln 1a
  • 6Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aNo
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Enhances regional quality of life through community programs and initiatives.

Provided by the organization

This section is blank until Jefferson Chamber Foundation claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $64K of program spending, described in the organization's own filed words · FY2024.
01

Leadership jefferson is a program that prepares participants for public life, the place where citizens gather to participate in the democratic process of discussing and debating issues that impact the quality of life for families and everyone throughout their community.

$64Kprogram expense
02

Proceeds from the sale of the poster will benefit both the jefferson chamber foundation and the jefferson community foundation, supporting valuable initiatives within our community.

$130program expense
03

The livewell campaign program was created to allow members to reach out to the community via virtual SUMMITS/PODCASTS to help educate the jefferson parish community on health and wellness.

$23program expense

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $132K$99K+36% 990 PDF
FY2023 $97K$107K-69% 990 PDF
FY2022 $309K$462K-40% 990 PDF
FY2021 $516K$348K+742% 990 PDF
FY2020 $61K$95K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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