JETT FOUNDATION INC

EIN: 043563445 501(c)(3) Medical Research

NORWELL, MA

Total Revenue
$7,446,726
Total Expenses
$3,650,266
Total Assets
$10,435,173
Net Assets
$10,176,010
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
MA
Principal Officer
ERIC SNYDER
Phone
7815855566
Tax Period
2025-01-01 to 2025-12-31

JETT FOUNDATION INC, founded in 2001, is a community nonprofit in the Medical Research sector that reported $7.4M in total revenue in fiscal year 2025. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 51% operating margin.

Mission

PROVIDES DIRECT SERVICE AND SUPPORT FOR FAMILIES AFFECTED BY DUCHENNE MUSCULAR DYSTROPHY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $7,082,690
Program Service Revenue $0
Investment Income $312,308
Other Revenue $51,728
TOTAL REVENUE $7,446,726

Expense Breakdown

Grants Paid $1,459,319
Salaries & Benefits $1,239,739
Fundraising Expenses $463,993
Program Expenses $2,773,220
Other Expenses $935,008
TOTAL EXPENSES $3,650,266

Year-over-Year Comparison

2025 2024 Change
Revenue $7,446,726 $5,119,683 +0.5%
Expenses $3,650,266 $3,372,118 +0.1%
Net Income $3,796,460 $1,747,565 +1.2%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
14
Volunteers
77

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$261,462
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE MCSHERRY FOUNDER AND DIRECTOR 1.00
Officer Director
$0 $0 $0
ALFRED JACKSON CHAIR/DIRECTOR 1.50
Officer Director
$0 $0 $0
ELLEN HANSON VICE CHAIR/DIRECTOR 1.00
Officer Director
$0 $0 $0
MIKE MULLIN TREASURER 2.00
Officer Director
$0 $0 $0
COLLEEN PIKE DIRECTOR 1.00
Director
$0 $0 $0
MELISSA PAIGE DIRECTOR 0.50
Director
$0 $0 $0
DIANA JOHNSON DIRECTOR 0.50
Director
$0 $0 $0
ADRIAN KIELHORN DIRECTOR 1.00
Director
$0 $0 $0
CHRIS SCHLECHTY DIRECTOR 0.50
Director
$0 $0 $0
LEO ROBINSON DIRECTOR 0.50
Director
$0 $0 $0
ERIC SNYDER PRESIDENT AND CEO 40.00
Officer
$234,542 $26,920 $261,462
MAURA CARROLL DIRECTOR OF DEVEPOLMENT 40.00
Highest
$118,537 $5,299 $123,836
ALLISON CAPUTO DIRECTOR OF FINANCE 40.00
Highest
$103,202 $10,966 $114,168
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $7,446,726 $3,650,266 $10,435,173 $3,796,460
2024 No data No data No data No data
2023 $3,537,013 $2,681,810 $4,677,789 $855,203
2022 $3,528,313 $2,039,167 $3,509,096 $1,489,146
2021 $2,598,639 $2,115,724 $2,196,455 $482,915
2020 $2,236,553 $1,868,675 $1,572,536 $367,878
2019 $1,680,978 $1,666,661 $1,170,742 $14,317
2019 $1,713,025 $1,666,661 $1,202,789 $46,364
2018 $2,039,207 $1,647,598 $1,187,840 $391,609
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