Quick charity verification for Jtm Health Facilities Foundation Inc (EIN: 112714670)
Verdict: Jtm Health Facilities Foundation Inc appears trustworthy
85/100Mission Score
$2.7MRevenue
$10.3MAssets
2Red Flags
4Strengths
Red Flags
NTEE Code Unknown: Lack of a specified NTEE code makes it difficult to benchmark against similar organizations or understand its specific charitable purpose without further investigation.
Significant Fluctuations in Revenue and Expenses: While recent years show surpluses, there have been periods (e.g., 2015, 2016, 2018) where expenses significantly exceeded revenue, which could indicate inconsistent funding or large project expenditures.
Strengths
Strong Asset Growth: Assets have grown substantially from $1,106,534 in 2020 to $9,329,575 in 2023, indicating robust financial health and capacity.
No Reported Officer Compensation: Consistently reporting 0% officer compensation across all filings is a strong indicator of financial efficiency and dedication to mission.
Consistent Surpluses in Recent Years: In 2023, revenue ($2,057,434) significantly exceeded expenses ($1,515,189), contributing to asset growth.
Low Liabilities: Liabilities remain low relative to assets (e.g., $125,900 in liabilities vs. $9,329,575 in assets in 2023), indicating strong financial stability.
Spending Breakdown
How Jtm Health Facilities Foundation 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 Jtm Health Facilities Foundation Inc
Is Jtm Health Facilities Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jtm Health Facilities Foundation Inc (EIN: 112714670) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Jtm Health Facilities Foundation Inc a good charity to donate to?
Jtm Health Facilities Foundation Inc has a Mission Score of 85/100. Revenue: $2.7M. Assets: $10.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jtm Health Facilities Foundation Inc?
The Employer Identification Number (EIN) for Jtm Health Facilities Foundation Inc is 112714670. 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 Jtm Health Facilities Foundation Inc spend its money?
Jtm Health Facilities Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jtm Health Facilities Foundation Inc's tax-exempt status?
You can verify Jtm Health Facilities Foundation Inc's tax-exempt status using EIN 112714670 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
Jtm Health Facilities Foundation Inc demonstrates a generally healthy financial position with consistent revenue generation and substantial asset growth over the past few years. In 2023, the organization reported revenue of $2,057,434 against expenses of $1,515,189, resulting in a surplus that contributed to its growing assets, which reached $9,329,575. This trend of revenue exceeding expenses is positive, especially when compared to earlier periods like 2015 and 2016 where expenses significantly outpaced revenue. The foundation's assets have seen remarkable growth, from $1,106,534 in 2020 to over $9.3 million in 2023, indicating effective financial management and investment strategies.
While specific program spending ratios are not detailed in the provided summary, the consistent surpluses and asset accumulation suggest a capacity to fund its mission. The absence of reported officer compensation across all filings is a strong indicator of financial efficiency and a commitment to directing resources towards the organization's objectives rather than executive salaries. This practice enhances the organization's transparency and trustworthiness, as it implies that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for donors.
Overall, the foundation appears to be financially robust and well-managed. Its ability to grow assets significantly while maintaining a low liability profile (e.g., $125,900 in liabilities against $9,329,575 in assets in 2023) points to strong fiscal responsibility. The consistent filing of IRS 990 forms also demonstrates a commitment to regulatory compliance and transparency, allowing for public scrutiny of its financial activities.