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CHARITY REVIEW
Issued: February 2024 Expires: February 2026

Team Jack Foundation

Standards Not Met
Standards Not Met
1 6 7 16 17
(402) 925-2120
47640 East US Highway 20, Suite 2
Atkinson, NE, 68713
https://teamjackfoundation.org/
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Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Team Jack Foundation does not meet the following 5 Standards for Charity Accountability:

Standard 1 (Oversight of Operations and Staff)
Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

TJF does not meet this Standard because its board of directors does not:

  • Have a voting member of the board who is assigned the responsibility of serving as the treasurer.

Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

TJF does not meet this Standard because:

  • The board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.

Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

TJF does not meet this Standard because:

  • The organization has not performed an effectiveness assessment within the last two years.

Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

TJF does not meet this Standard because the 2022 annual report did not include:

  • The organization's 2022 financial information that matches its 2022 audited financial statements.

Standard 17 (Web Site Disclosures)
Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.

TJF does not meet this Standard because the organization’s website, https://teamjackfoundation.org/, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it does not include:

  • Electronic access to the organization’s 2022 IRS Form 990.

The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 19

Team Jack Foundation meets the remaining 14 Standards for Charity Accountability.

Stated Purpose:
"to fund impactful pediatric brain cancer research and create national awareness for the disease."

Year, State Incorporated:
2013, NE

Team Jack Foundation (TJF) reports that it funds childhood brain cancer research, focusing on clinical and laboratory research, pain management in cancer, and effective treatments for the disease. The organization's research aims to help create improved medicines and neurosurgical procedures in fighting cancer. TJF also funds educational training for medical professionals and advocates at the national level for greater awareness of pediatric brain cancer.

For the year ended December 31, 2022, Team Jack Foundation's program expenses were:

Program services $1,111,604
Total Program Expenses $1,111,604

Chief Executive
Kylie Dockter, Executive Director

Compensation*
$92,877

Chair of the Board
Brianna Hoffman

Chair's Profession / Business Affiliation
Pharmacist, West Holt Medical Services

Board Size
9

Paid Staff Size
5

*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Special events, Foundation grants, Print advertisements, Corporate solicitation

Fundraising costs were 26% of related contributions. (Related contributions, which totaled $1,195,243, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Team Jack Foundation's audited financial statements for the year ended December 31, 2022.

Source of Funds
Investment income $-44,233
Merchandise sales, net $-864
Special events, net $112,937
In-kind contributions $178,570
Contributions $1,009,125
Total Income $1,255,535

Programs: 75% Fundraising: 21% Administrative: 4%

Total Income $1,255,535
Total expenses: $1,484,013
  Program expenses $1,111,604
  Fundraising expenses $306,209
  Administrative expenses $66,200
  Other expenses $0
Income in Excess of Expenses $-228,478
Beginning Net Assets $2,379,493
Other Changes In Net Assets $0
Ending Net Assets $2,151,015
Total Liabilities $1,145,996
Total Assets $3,297,011

Note: According to the TFJ's 2022 audited financial statements, the organization received $178,570 in contributed goods and services including various auction items ($145,570), vehicles ($30,000), and rent ($3,000).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Wise Giving Alliance