JACKS CORNER FOUNDATION INC

EIN: 882262496 501(c)(3) Diseases & Disorders

SOUTHPORT, CT

Total Revenue
$204,064
Total Expenses
$566,990
Total Assets
$189,151
Net Assets
$189,151
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CT
Principal Officer
MICHAEL J DWYER
Phone
3167084531
Tax Period
2023-01-01 to 2023-12-31

JACKS CORNER FOUNDATION INC, founded in 2022, is a small nonprofit in the Diseases & Disorders sector that reported $204K in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $567K exceeded revenue, resulting in a 178% operating deficit.

Mission

TO RAISE FUNDS TO HELP WITH THE COSTS OF INDIVIDUALS WITH A ULTR RARE GENETIC DISEASE CALLED SPG50. SPG50 IS A DEGENERATIVE , SLOWLY TAKING AWAY CHILDREN'S ABILITY TO WALK AND USE THEIR HANDS , AND EVENTUALLY THEIR MENTAL CAPACITY. THE FUNDS RAISED WILL BE USED FOR GENE THERAPY TREATMENT FOR CHILDREN WITH SPG50.

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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 (2023)

Revenue Breakdown

Contributions & Grants $202,180
Program Service Revenue $0
Investment Income $0
Other Revenue $1,884
TOTAL REVENUE $204,064

Expense Breakdown

Grants Paid $535,426
Salaries & Benefits $0
Fundraising Expenses $18,045
Program Expenses $535,426
Other Expenses $31,564
TOTAL EXPENSES $566,990

Year-over-Year Comparison

2023 2022 Change
Revenue $204,064 $612,483 -0.7%
Expenses $566,990 $57,895 +8.8%
Net Income $-362,926 $554,588 -1.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEVIN DWYER SECRETARY N/A
Officer
$0 $0 $0
MICHAEL J DWYER PRESIDENT N/A
Officer
$0 $0 $0
ADAM RAFSKY TREASURER N/A
Officer
$0 $0 $0
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
2024 No data No data No data No data
2023 $204,064 $566,990 $189,151 $-362,926
2022 $612,483 $57,895 $560,082 $554,588
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