Tom Joyner Foundation INC
Provides educational programs and scholarships for students at Historically Black Colleges and Universities. For fiscal year 2024 it reported $846K in revenue, $662K in expenses, and $3.0M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- Dallas, TX
- Website
- tomjoynerfoundation.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Awarded over 100 scholarships to students attending 83 different historically black colleges and universities (hbcus).
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Kathleen Parsons’s $137K as CFO/Treasurer is at the 94th percentile of top reported officer pay among 1616 $100K–1M education 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 · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Kathleen Parsons | $136,796 | $136,796 | $136,796 | $136,796 | $136,796 |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 60% | — | — |
| Overhead ratio | 40% | — | — |
| Fundraising cost ratio | 0.01% | — | — |
| Revenue growth | -44% | — | — |
| Investment management fee ratio | 0.2% | — | — |
| Legal fee ratio | 1% | — | — |
| Accounting fee ratio | 4% | — | — |
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
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Filings & Schedule Manifest
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Sources
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