Quick charity verification for Jahbat Inc (EIN: 10924316)
Verdict: Jahbat Inc shows mixed signals
60/100Mission Score
$831KRevenue
$35KAssets
2Red Flags
3Strengths
Red Flags
Consistent negative net assets (liabilities exceeding assets) in recent periods, e.g., $34,663 assets vs. $49,267 liabilities in 202406.
Expenses closely matching or exceeding revenue in multiple periods, such as $823,661 expenses vs. $830,797 revenue in 202406, leaving little surplus for reserves.
Strengths
Significant revenue growth, nearly doubling from $393,000 in 202106 to $830,797 in 202406.
Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds regarding executive pay.
Regular and consistent filing of IRS Form 990s over seven periods, demonstrating transparency in reporting.
Spending Breakdown
How Jahbat Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Jahbat Inc
Is Jahbat Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jahbat Inc (EIN: 10924316) shows mixed signals. Mission Score: 60/100. 2 red flags identified, 3 strengths noted.
Is Jahbat Inc a good charity to donate to?
Jahbat Inc has a Mission Score of 60/100. Revenue: $831K. Assets: $35K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jahbat Inc?
The Employer Identification Number (EIN) for Jahbat Inc is 10924316. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Jahbat Inc spend its money?
Jahbat Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jahbat Inc's tax-exempt status?
You can verify Jahbat Inc's tax-exempt status using EIN 10924316 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Jahbat Inc. demonstrates a concerning financial trend with its liabilities consistently exceeding its assets in recent years, indicating potential solvency issues. For instance, in the latest 202406 period, assets were $34,663 while liabilities stood at $49,267. This negative net asset position has been persistent since at least 202206. While the organization has shown significant revenue growth, nearly doubling from $393,000 in 202106 to $830,797 in 202406, this growth has not translated into a stronger balance sheet.
The organization's spending efficiency appears to be a mixed bag. In the most recent period (202406), expenses ($823,661) were very close to revenue ($830,797), suggesting that most incoming funds are being spent. However, without a detailed functional expense breakdown, it's difficult to ascertain the proportion dedicated to programs versus administrative or fundraising costs. The consistent reporting of 0% officer compensation across all filings is a positive indicator for donor confidence regarding executive pay.
Regarding transparency, the consistent filing of IRS Form 990s over seven periods is commendable, providing a historical view of its financial operations. However, the lack of detailed expense breakdowns in the provided data limits a comprehensive assessment of spending efficiency. The persistent negative net assets are a significant financial concern that warrants further investigation into the organization's long-term sustainability and financial management practices.