Is Jlp Systems Inc Legit?

Strengths

Consistent revenue growth, from $315,114 in 2017 to $549,303 in 2022, demonstrating financial stability.
Significant asset accumulation, with assets growing from $95,860 in 2017 to $481,514 in 2022.
0% officer compensation reported across all filings, indicating a strong commitment to directing funds towards the mission rather than executive salaries.
Positive net income in most recent years (e.g., $18,758 in 2022), showing operational surpluses.

Spending Breakdown

How Jlp Systems Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Jlp Systems Inc

Is Jlp Systems Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Jlp Systems Inc (EIN: 204928054) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Jlp Systems Inc a good charity to donate to?

Jlp Systems Inc has a Mission Score of 85/100. Revenue: $600K. Assets: $470K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Jlp Systems Inc?

The Employer Identification Number (EIN) for Jlp Systems Inc is 204928054. 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 Jlp Systems Inc spend its money?

Jlp Systems Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Jlp Systems Inc's tax-exempt status?

You can verify Jlp Systems Inc's tax-exempt status using EIN 204928054 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

Jlp Systems Inc demonstrates a consistent operational history with revenues generally exceeding expenses in recent years, indicating a stable financial position. For example, in 2022, revenue was $549,303 against expenses of $530,545, resulting in a surplus. The organization's assets have shown significant growth, from $95,860 in 2017 to $481,514 in 2022, suggesting effective asset management and accumulation. However, the liabilities have also increased proportionally, reaching $433,856 in 2022, which warrants closer examination of their debt management strategies.

The organization's spending efficiency appears reasonable, with no reported officer compensation across all available filings, which is a positive indicator for resource allocation directly to mission-related activities. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation suggests a lean operational structure. Transparency is generally good given the consistent filing history, but a more detailed breakdown of expenses would further enhance understanding of their spending efficiency.

Overall, Jlp Systems Inc appears to be in a sound financial state, marked by revenue growth and asset accumulation. The lack of officer compensation is a strong positive for donor confidence. Further transparency regarding the allocation of expenses into program, administrative, and fundraising categories would provide a more complete picture of their operational efficiency and impact.

Verdict: Jlp Systems Inc appears trustworthy

Red Flags