Jacaranda Health

Tax-deductible

Durham, NC501(c)(3)Health CareEIN 46-2230443

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Jacaranda Healths mission is to support public hospitals in East Africa to provide better maternal health care

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Run by 9 volunteers and 3 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $2.3M a year · 32% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$281K
to officers and key staff · 5% of spending
Top officer’s pay lower than 52% of similar orgs
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 6.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $4.6M
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$608K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 8 voting members
Looks good: 7 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.7M
-28% vs prior year
Spent
$6.2M
To programs
91%
Net assets
$13.2M
By yearFY2020–FY2024
Revenue
$5.7M
FY2024▼ -28%
Revenue by fiscal year
FY2020$3.8M
FY2022$11.1M
FY2023$7.9M
FY2024$5.7M
Expenses
$6.2M
FY2024▲ +9%
Expenses by fiscal year
FY2020$1.6M
FY2022$5.7M
FY2023$5.7M
FY2024$6.2M
Net assets
$13.2M
FY2024▼ -4%
Net assets by fiscal year
FY2020$2.6M
FY2022$11.6M
FY2023$13.8M
FY2024$13.2M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $5.6M Management & general 9% · $590K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $281K paid to officers and key staff.

Part VII, Section A · reportable compensation
Co-Executive Director
$140,709Pt VII · Sec A
Founder and Co-Exec. Director
$140,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A

Sathyanath Rajasekharan’s $141K as Co-Executive Director is at the 48th percentile of top reported officer pay among 3128 $1–10M health care 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Sathyanath Rajasekharan$140,709$140,824$98,079—
Nicholas Pearson$140,000$140,000$133,750—
Nicholas G Pearson———$110,000

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 Jacaranda Health executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Improves maternal healthcare in East African public hospitals.

Provided by the organization

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1 program service account for $5.6M of program spending, described in the organization's own filed words · FY2024.
01

Jacaranda health partners with governments to deploy affordable and scalable solutions through government hospitals, where the majority of under-served mothers and babies receive care. In kenya we work with the national ministry of health and with 20 kenya county governments, with solutions deployed across more than 1,200 hospitals and…

$5.6Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 2 grants · $613K · 2022–2022
Population Council INCNY · FY2022$549,485
Sanergy INCMA · FY2022$63,965

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.7M
Ln 12
Gifts and grantsLn 1h$5.0M
Investment incomeLn 3$454K
Fees for servicesLn 2g$242K
Money outPt IX
$6.2M
Ln 25
Programscol B$5.6M
Managementcol C$590K
Owns and owesPt X
$13.2M
net assets · Ln 32
Cash and savingsLn 1–2$3.2M
Total assetsLn 16$13.9M
LiabilitiesLn 26$608K
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.0M
Fees for servicesLn 2g$242K
Investment incomeLn 3$454K
Total revenueLn 12$5.7M
Assets in detailPt X, end of year
CashLn 1$1.3M
SavingsLn 2$2.0M
Cash and savings togetherLn 1–2$3.2M
InvestmentsLn 11–13$7.5M
Other assetsLn 15$148K
Total assetsLn 16$13.9M
LiabilitiesLn 26$608K
Net assetsLn 32$13.2M
OperationsPt I, VI
EmployeesI 53
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.8M$3.2M
InvestmentsLn 11–13$7.1M$7.5M
Total assetsLn 16$14.3M$13.9M
LiabilitiesLn 26$568K$608K
Net assetsLn 32$13.8M$13.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$3.5M$3.5M
Pay of current officers, directors and key staffLn 5$305K$191K$114K
Other salaries and wagesLn 7$595K$405K$190K
Pension plan contributionsLn 8$21K$15K$6K
Other employee benefitsLn 9$12K$8K$4K
Payroll taxesLn 10$30K$20K$10K
Legal feesLn 11b$126K$3K$123K
Accounting feesLn 11c$42K$42K
Investment management feesLn 11f$15K$15K
Other fees for servicesLn 11g$1.1M$1.1M$10K
Office expensesLn 13$10K$4K$6K
Information technologyLn 14$301K$296K$6K
OccupancyLn 16$26K$22K$4K
TravelLn 17$86K$51K$35K
Conferences, conventions and meetingsLn 19$15K$12K$4K
InsuranceLn 23$9K$4K$5K
Other expenses (24a–d)Ln 24$30K$14K$16K
All other expensesLn 24e$173$74$99
Total functional expensesLn 25$6.2M$5.6M$590K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $5.7M$6.2M−$533K$13.2M 990 PDF
FY2023 $7.9M$5.7M$2.2M$13.8M 990 PDF
FY2022 $11.1M$5.7M$5.4M$11.6M 990 PDF
FY2021 Not on file
FY2020 $3.8M$1.6M$2.2M$2.6M 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
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $5,689,165 across 6 lines filed
VIII-1d Related organizations$116,772
VIII-1f All other contributions, gifts and grants$4,877,173
VIII-1h Total contributions, gifts and grants$4,993,945
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $241,587$241,587
VIII-3 Investment incomeExcluded from tax $453,633$453,633
VIII-12 Total revenueRelated to mission $241,587 · Unrelated business $0 · Excluded from tax $453,633$5,689,165
Part IX · Statement of functional expenses $6,222,110 across 18 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $3,480,990$3,480,990
IX-5 Pay of current officers, directors and key staffPrograms $191,047 · Management $114,354$305,401
IX-7 Other salaries and wagesPrograms $405,068 · Management $190,214$595,282
IX-8 Pension plan contributionsPrograms $14,650 · Management $6,207$20,857
IX-9 Other employee benefitsPrograms $8,215 · Management $4,028$12,243
IX-10 Payroll taxesPrograms $19,835 · Management $10,088$29,923
IX-11b Legal feesPrograms $2,910 · Management $122,775$125,685
IX-11c Accounting feesManagement $42,312$42,312
IX-11f Investment management feesManagement $14,868$14,868
IX-11g Other fees for servicesPrograms $1,107,412 · Management $9,875$1,117,287
IX-13 Office expensesPrograms $4,096 · Management $5,532$9,628
IX-14 Information technologyPrograms $295,664 · Management $5,509$301,173
IX-16 OccupancyPrograms $21,800 · Management $4,159$25,959
IX-17 TravelPrograms $50,914 · Management $35,083$85,997
IX-19 Conferences, conventions and meetingsPrograms $11,710 · Management $3,705$15,415
IX-23 InsurancePrograms $3,785 · Management $5,111$8,896
IX-24 Other expenses (24a–d)Programs $13,959 · Management $16,062$30,021
IX-24e All other expensesPrograms $74 · Management $99$173
IX-25 Total functional expensesPrograms $5,632,129 · Management $589,981 · Fundraising $0$6,222,110
Part X · Balance sheet $13,851,509 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $768,061$1,254,260
X-2 Savings and temporary cash investmentsStart of year $1,994,588$1,979,175
X-3 Pledges and grants receivableStart of year $4,282,773$2,849,226
X-4 Accounts receivableStart of year $128,890$161,543
X-9 Prepaid expenses and deferred chargesStart of year $5,452$6,664
X-11 Publicly traded securitiesStart of year $7,144,082$7,450,710
X-13 Program-related investmentsStart of year $1,960$1,960
X-15 Other assetsStart of year $1,500$147,971
X-16 Total assetsStart of year $14,327,306$13,851,509
X-17 Accounts payable and accrued expensesStart of year $317,722$232,855
X-25 Other liabilitiesStart of year $250,000$374,684
X-26 Total liabilitiesStart of year $567,722$607,539
X-27 Net assets without donor restrictionsStart of year $5,126,959$6,454,790
X-28 Net assets with donor restrictionsStart of year $8,632,625$6,789,180
X-32 Total net assets or fund balancesStart of year $13,759,584$13,243,970
X-33 Total liabilities and net assetsStart of year $14,327,306$13,851,509
Part XI · Reconciliation of net assets $13,243,970 net assets at year end
XI-1 Total revenue$5,689,165
XI-2 Total expenses$6,222,110
XI-3 Revenue less expenses−$532,945
XI-4 Net assets at start of year$13,759,584
XI-5 Net unrealized gains (losses) on investments$17,417
XI-9 Other changes in net assets−$86
XI-10 Net assets at end of year$13,243,970

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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