Childrens Jubilee Fund EIN 31-1540887

Childrens Jubilee Fund FY2023 filing

EIN  31-1540887 Public foundation / grantmaker Philadelphia, PA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Childrens Jubilee Fund claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Offers scholarships to students based on their financial need.
Leadership
Timothy Geiger · FMR Exc Directr · $75K
Money in and out
$514K revenue, $629K expenses
Bottom line
71% program efficiency

Offers scholarships to students based on their financial need. For fiscal year 2023 it reported $514K in revenue, $629K in expenses, and $397K in net assets.Pt I

Grants paid & assets · FY2023
Total revenue
$514K
Pt VIII · Ln 12
Total expenses
$629K
Pt IX · Ln 25
Net assets
$397K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$116K
Where spending went · Part IX cols B–D
Program services $0.71 Management & general $0.13 Fundraising $0.16
Program efficiency
71%
of spending reaches programs
Operating runway
7.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-22%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$514K
FY2023▼ -28%
Expenses
$629K
FY2023▼ -15%
Total assets
$412K
FY2023▼ -21%
Total liabilities
$15K
FY2023▲ +466%
Total revenue
$514K
Pt VIII · Ln 12
Total expenses
$629K
Pt IX · Ln 25
Net assets
$397K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$116K
Total assetsPt X · Ln 16$412K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $447K of program spending, described in the organization's own filed words · FY2022.
01

The organization exists to raise and distribute scholarship funds to provide access for low-income, urban, K-12 youth to attend Christian schools. Jubilee provides partial scholarship for families with a household income of under $44,000, so that their children will have access to one of our 25 network Christian schools.

$447Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChildrens Jubilee Fund
EINHdr · item D31-1540887
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jwww.jubileefund.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFApr 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
FMR Exc Directr
$74,686Pt VII · Sec A
FMR. Board Mem.
$0Pt VII · Sec A
FMR. Board Mem.
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Timothy Geiger’s $77K as FMR Exc Directr is at the 72nd percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2021FY2020
Timothy Geiger$77,441$74,686$56,367$24,617
Drew Skinner$31,827

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Childrens Jubilee Fund executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$509K · 99%
Investment income$5K · 1%
Contributions & grants99%$509K
Investment income1%$5K
Total revenueLn 12$514K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.13 Fundraising $0.16
Program services71%$447K
Management & general13%$83K
Fundraising16%$99K
Total functional expensesLn 25$629K

Balance Sheet

Part X · end of year
CashLn 1$203K
Total assetsLn 16$412K
Total liabilitiesLn 26$15K
Total net assetsLn 32$397K
Months of cash on handcomputed3.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $412K · Operating expenses/yr $629K
7.9 months
Where the money goes
Program services
Program services $447K · Total expenses $629K
71%
Management & General
Management & general $83K · Total expenses $629K
13%
Fundraising
Fundraising $99K · Total expenses $629K
16%
Cost to raise $1
Fundraising expense (3-yr avg) $89K · Solicited contributions (3-yr avg) $659K
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $509K · Total revenue $514K
99%
Government reliance
Government grants — · Total revenue $514K
Earned-income share
Program service revenue $0 · Total revenue $514K
0%
Investment reliance
Investment income $5K · Total revenue $514K
+1%
Program self-sufficiency
Program service revenue $0 · Total expenses $629K
0%
Growth & trend
Revenue growth (YoY)
This year $514K · Prior year $714K
-28%
Net-asset trend (YoY)
End of year $397K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $514K · Expenses $629K
-22%
Liabilities-to-Assets
Total liabilities — · Total assets $412K
Net-asset ratio
Net assets $397K · Total assets $412K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $208K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $412K
51%
People & payroll
Highest Reported Total Compensation
Individual Timothy Geiger · Reported title Fmr Exc Directr · Highest reported compensation $75K · Total expenses $629K
12%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $145K · Total expenses $629K
23%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 71%
Overhead ratio 13%
Fundraising cost ratio 20%
Revenue growth -28%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$162K
See all 3 funders →
Grants paid · 42 grants · $1.0M · 2019–2020
The City SchoolPA · FY2020$98,348
Fredrick Douglass ChristianCA · FY2020$92,924
Cedar Grove Christian AcademyFY2020$26,477
The Christian AcademyPA · FY2020$22,076
Logan HopePA · FY2020$14,018
Olney Christian SchoolPA · FY2020$13,568
Blair Christian AcademyPA · FY2020$12,046
Urban Promise AcademyNJ · FY2020$8,612
Roxborough Christian SchoolPA · FY2020$8,438
Camden ForwardNJ · FY2020$7,742
Spring Garden AcademyPA · FY2020$6,089
Penn Christian AcademyPA · FY2020$6,002
See all 42 grants →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$172K revenue · ⤓ 990 PDF
FY2024$539K revenue · ⤓ 990 PDF
FY2023$514K revenue · viewing · ⤓ 990 PDF
FY2022$714K revenue · ⤓ 990 PDF
FY2021$755K revenue · ⤓ 990 PDF
FY2020$755K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.