Is Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc Legit?
Quick charity verification for Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc (EIN: 133782422)
Verdict: Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc has notable concerns
20/100Mission Score
$0Revenue
$0Assets
4Red Flags
1Strengths
Red Flags
Latest filing shows $0 revenue and assets after years of multi-million dollar activity, without explanation.
NTEE Code is 'Unknown', hindering understanding of mission and purpose.
Lack of expense breakdown (program, admin, fundraising) in historical filings.
Significant discrepancy between historical financial data and the most recent filing.
Strengths
Consistently reported 0% officer compensation in historical filings, suggesting lean executive costs if operational.
Spending Breakdown
How Ontario Industrial Partners Inc 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 Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc
Is Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc (EIN: 133782422) has notable concerns. Mission Score: 20/100. 4 red flags identified, 1 strength noted.
Is Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc a good charity to donate to?
Ontario Industrial Partners Inc 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 Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc?
The Employer Identification Number (EIN) for Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc is 133782422. 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 Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc spend its money?
Ontario Industrial Partners Inc 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 Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc's tax-exempt status?
You can verify Ontario Industrial Partners Inc C/O Jp Morgan Investment Management Inc's tax-exempt status using EIN 133782422 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
Ontario Industrial Partners Inc, despite its name and location in New York, NY, appears to be a non-operating entity based on its latest filing showing $0 in revenue and assets. However, historical filings reveal a different picture, with consistent revenues in the range of $4-6 million and assets around $43-46 million from 2011 to 2016. The organization consistently reported expenses around $1 million during these periods. The significant discrepancy between the latest filing and historical data raises questions about its current operational status and reporting consistency.
Given the lack of detailed expense breakdowns in the provided data (e.g., program vs. administrative vs. fundraising), it's challenging to assess spending efficiency directly. However, the consistent reporting of 0% officer compensation across all historical filings suggests a lean executive structure or that compensation is handled through a related entity, which could be a positive indicator for donor funds if the organization were actively operating. The sudden drop to $0 revenue and assets in the latest period, following years of substantial financial activity, is a critical point for further investigation.
Transparency is a concern due to the stark contrast between historical financial activity and the latest filing. Without a clear explanation for the shift to $0 revenue and assets, it's difficult to understand the organization's current purpose or financial health. The NTEE code being 'Unknown' also hinders understanding its mission and comparing its financial performance to peers.