Is Joy Of Abiding Incorporated Legit?

Quick charity verification for Joy Of Abiding Incorporated (EIN: 202694950)

Verdict: Joy Of Abiding Incorporated appears trustworthy

75/100Mission Score
$23KRevenue
$44KAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Joy Of Abiding Incorporated allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
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 Joy Of Abiding Incorporated

Is Joy Of Abiding Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Joy Of Abiding Incorporated (EIN: 202694950) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Joy Of Abiding Incorporated a good charity to donate to?

Joy Of Abiding Incorporated has a Mission Score of 75/100. Revenue: $23K. Assets: $44K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Joy Of Abiding Incorporated?

The Employer Identification Number (EIN) for Joy Of Abiding Incorporated is 202694950. 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 Joy Of Abiding Incorporated spend its money?

Joy Of Abiding Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Joy Of Abiding Incorporated's tax-exempt status?

You can verify Joy Of Abiding Incorporated's tax-exempt status using EIN 202694950 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

Joy Of Abiding Incorporated demonstrates a consistent commitment to transparency, with 13 filings available and no reported liabilities across all periods, indicating sound financial management in terms of debt. The organization's financial health, however, shows significant volatility in revenue, ranging from a high of $211,323 in 2015 to a low of $4,447 in 2023. This fluctuation makes long-term financial planning and stability a potential concern. Despite these revenue swings, the organization has maintained positive assets, peaking at $44,325, suggesting some capacity to weather financial variations. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses in the provided data. However, the consistent reporting of 0% officer compensation across all periods is a positive indicator of efficient use of funds, as it suggests that leadership is not drawing a salary from the organization. The organization's expenses have generally tracked closely with its revenue, sometimes exceeding it (e.g., 2023, 2022, 2020, 2019, 2017, 2014), which could lead to a depletion of assets if sustained over time. For instance, in 2023, expenses ($5,140) exceeded revenue ($4,447), resulting in a net loss for the year. Overall, Joy Of Abiding Incorporated appears to be a transparent organization with a lean operational structure, as evidenced by no officer compensation and no liabilities. The primary area for improvement lies in stabilizing its revenue streams to ensure more consistent financial health and to avoid periods where expenses consistently outpace income. The lack of detailed expense breakdowns (program vs. admin vs. fundraising) in the provided data limits a deeper analysis of spending efficiency, but the absence of officer compensation is a strong positive signal regarding resource allocation.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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