Is La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc Legit?
Quick charity verification for La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc (EIN: 204944159)
Verdict: La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc has notable concerns
20/100Mission Score
$0Revenue
$0Assets
4Red Flags
2Strengths
Red Flags
NTEE Code is 'Unknown', obscuring the organization's actual purpose.
Latest filing shows $0 revenue and assets, a significant and unexplained drop from previous years.
Lack of detailed expense breakdown makes it impossible to assess program spending efficiency.
Organization name 'Acquisition Company' does not align with typical nonprofit operations, raising questions about its charitable nature.
Strengths
Consistently reported 0% officer compensation, indicating efficient use of funds if it is a traditional nonprofit.
Historically, revenues consistently exceeded expenses, leading to asset growth (e.g., $7,003,056 revenue vs. $3,276,617 expenses in 2017).
Spending Breakdown
How La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
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 La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc
Is La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc (EIN: 204944159) has notable concerns. Mission Score: 20/100. 4 red flags identified, 2 strengths noted.
Is La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc a good charity to donate to?
La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc?
The Employer Identification Number (EIN) for La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc is 204944159. 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 La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc spend its money?
La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc's tax-exempt status?
You can verify La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc's tax-exempt status using EIN 204944159 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
La Villita Irving Acquisition Company C/O Jp Morgan Investment Management Inc appears to be a holding company or investment vehicle rather than a traditional operating nonprofit, given its name, NTEE code (Unknown), and the nature of its financial activities. The organization consistently reports significant revenue and expenses, with assets in the tens of millions, yet its latest filing shows $0 in both revenue and assets, which is a critical discrepancy requiring further investigation. This abrupt change suggests a potential dissolution, change in reporting, or a significant shift in its operational status.
Over the years, the organization has maintained a healthy financial position, with revenues consistently exceeding expenses, leading to an accumulation of assets. For instance, in 2017, it reported $7,003,056 in revenue against $3,276,617 in expenses, indicating a substantial surplus. However, without a clear understanding of its program activities (due to the 'Unknown' NTEE code and lack of detailed expense breakdowns in the provided data), it's impossible to assess spending efficiency in terms of program delivery. The consistent reporting of 0% officer compensation across all filings suggests either a volunteer-led structure or that compensation is handled by an affiliated entity, which is a positive sign for resource allocation if it is indeed a nonprofit.
Transparency is a concern due to the 'Unknown' NTEE code and the lack of information regarding its actual charitable purpose or activities. The sudden drop to $0 revenue and assets in the latest filing, without context, raises significant questions about its ongoing operations and financial health. While the historical filings show a financially stable entity, the current status is highly ambiguous, making a comprehensive assessment of its financial health and transparency challenging without additional information.