Is Jumpstart Community Training & Services Inc Legit?

Quick charity verification for Jumpstart Community Training & Services Inc (EIN: 201127490)

Verdict: Jumpstart Community Training & Services Inc appears trustworthy

75/100Mission Score
$577KRevenue
$76KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Jumpstart Community Training & Services Inc demonstrates a consistent commitment to its mission, as evidenced by its program spending. For example, in the 202312 period, expenses were $255,678 against revenues of $252,795, indicating that nearly all incoming funds were directed towards operations. The organization has shown growth in revenue over the years, from $39,890 in 201112 to $252,795 in 202312, suggesting increasing capacity and reach. However, the organization's assets have remained relatively low, with $16,994 in 202312, and liabilities have appeared in recent years, such as $46,243 in 202312, which warrants closer examination. The organization's financial health appears stable, with expenses generally aligning closely with revenue, preventing significant accumulation of unrestricted net assets. The absence of reported officer compensation across all available filings indicates a lean operational structure at the executive level, which can be a positive sign for donor confidence regarding administrative efficiency. However, the recent increase in liabilities in the 202312 period, exceeding current assets, could signal potential short-term financial pressures or a shift in financial strategy that requires further investigation. Overall, Jumpstart Community Training & Services Inc appears to be a program-focused organization with a history of directing funds towards its stated purpose. While the recent liabilities are a point of concern, the consistent lack of executive compensation and the general alignment of expenses with revenue suggest a responsible approach to managing donor funds. Further transparency regarding the nature of the liabilities would enhance the overall assessment.

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Disclaimer

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

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