Bay Aging Apartment Jcc Inc

Bay Aging Apartment Jcc Inc. consistently operates at a deficit, drawing down assets while maintaining zero officer compensation.

EIN: 113749025 · Urbanna, VA · NTEE: L20 · Updated: 2026-03-28

$538KRevenue
$4.0MAssets
75/100Mission Score (Good)
L20
Bay Aging Apartment Jcc Inc Financial Summary
MetricValue
Total Revenue$538K
Total Expenses$639K
Program Spending90%
Net Assets$4.2M
Transparency Score75/100

Search Intent Cockpit

Bay Aging Apartment Jcc Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Bay Aging Apartment Jcc Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Bay Aging Apartment Jcc Inc in one place.

Form 990 Filing Summary

14 filing years are available, with latest revenue of $492K and expenses of $639K.

Revenue and Expenses

Bay Aging Apartment Jcc Inc reported $492K in revenue and $639K in expenses, a deficit of $148K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Bay Aging Apartment Jcc Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
14Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Bay Aging Apartment Jcc Inc Expense Deployment
Program services$575K (90%)

Across stored filings, Bay Aging Apartment Jcc Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Bay Aging Apartment Jcc Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade B14 stored filing years
Peer contextCompare with Association Of Small Business Development CentersVirginia and Category L context

Trust Check

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Peer Benchmark

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Urbanna, VA nonprofits
Category L in Virginia
Human Services in Virginia

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90% of spending goes to programs.

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Bay Aging Apartment Jcc Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Bay Aging Apartment Jcc Inc

Bay Aging Apartment Jcc Inc (EIN: 113749025) is a nonprofit organization based in Urbanna, VA, classified under NTEE code L20. The organization reported total revenue of $538K and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bay Aging Apartment Jcc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
14Years of Filings
GrowingRevenue Trajectory

Bay Aging Apartment Jcc Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.7%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$492K
Total Expenses$639K
Surplus / Deficit$-147,593
Total Assets$4.2M
Total Liabilities$78K
Net Assets$4.2M
Operating Margin-30.0%
Debt-to-Asset Ratio1.8%
Months of Reserves79.7 months

Financial Health Grade: B

In 2024, Bay Aging Apartment Jcc Inc reported a deficit of $148K with expenses exceeding revenue, holds 79.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).

Financial Trends

Over 14 years of filings (2011–2024), Bay Aging Apartment Jcc Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.

YearRevenue ChangeExpense ChangeAsset Change
2024+3.4%+11.4%-3.0%
2023+4.8%+7.0%-2.4%
2022+8.9%+3.3%-1.5%
2021+5.4%+0.9%-2.0%
2020+5.3%+5.3%-2.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Bay Aging Apartment Jcc Inc. consistently operates with expenses exceeding its revenue, indicating a reliance on existing assets or other non-operating income sources to cover its costs. For example, in the 202403 period, expenses were $639,307 against revenue of $491,714, resulting in a deficit of over $147,000. This trend is visible across all provided filing periods, suggesting a structural operational deficit. While the organization's assets have been steadily declining over the years, from $5,223,161 in 201503 to $4,246,210 in 202403, its liabilities remain relatively low and stable, indicating good management of debt. The organization reports 0% officer compensation across all available filings, which is a strong indicator of financial efficiency and a commitment to directing funds towards its mission rather than executive salaries. This also suggests a high degree of transparency regarding its compensation practices. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency beyond the lack of executive compensation. The consistent operational deficit, while not necessarily a red flag if managed through planned asset utilization, warrants closer examination of its long-term financial sustainability. Overall, Bay Aging Apartment Jcc Inc. demonstrates strong transparency in executive compensation and prudent management of liabilities. The consistent operational deficit and declining asset base are key areas for potential concern regarding long-term financial health, though the specific nature of its NTEE code (L20 - Housing for the Elderly) might imply a different financial model where asset depreciation and specific funding mechanisms are at play. Further detail on the nature of its revenue and expenses would provide a more complete picture.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bay Aging Apartment Jcc Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Bay Aging Apartment Jcc Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$492KTotal Revenue
$639KTotal Expenses
$4.2MTotal Assets
$78KTotal Liabilities
$4.2MNet Assets
  • The organization reported a deficit of $148K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 1.8%.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly efficient and mission-focused.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Bay Aging Apartment Jcc Inc's IRS 990 filings:

  • Consistent operational deficits (expenses exceeding revenue in all reported periods)
  • Steady decline in total assets over the past decade

Strengths

The following positive indicators were identified for Bay Aging Apartment Jcc Inc:

  • Zero officer compensation reported across all filings, indicating high efficiency in leadership costs
  • Low and stable liabilities, suggesting good debt management
  • Clear dedication to mission by not allocating funds to executive salaries

Frequently Asked Questions about Bay Aging Apartment Jcc Inc

Is Bay Aging Apartment Jcc Inc a legitimate charity?

Bay Aging Apartment Jcc Inc (EIN: 113749025) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $538K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Bay Aging Apartment Jcc Inc spend its money?

Bay Aging Apartment Jcc Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Bay Aging Apartment Jcc Inc tax-deductible?

Bay Aging Apartment Jcc Inc is registered as a tax-exempt nonprofit (EIN: 113749025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Bay Aging Apartment Jcc Inc compare to similar nonprofits?

With a transparency score of 75/100 (Good), Bay Aging Apartment Jcc Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Bay Aging Apartment Jcc Inc located?

Bay Aging Apartment Jcc Inc is headquartered in Urbanna, Virginia and files with the IRS under EIN 113749025. It is classified under NTEE code L20.

How many years of IRS 990 filings does Bay Aging Apartment Jcc Inc have?

Bay Aging Apartment Jcc Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $538K in total revenue.

Is Bay Aging Apartment Jcc Inc. financially sustainable given its consistent operational deficits?

The organization has consistently spent more than it earns, with expenses exceeding revenue in every reported period. For example, in 202403, expenses were $639,307 against revenue of $491,714. This trend has led to a steady decline in assets, from $5,223,161 in 201503 to $4,246,210 in 202403, raising questions about long-term financial sustainability if this trend continues without new revenue streams or asset management strategies.

How does the lack of officer compensation impact the organization?

The reported 0% officer compensation across all filings is a significant strength, indicating that the organization is not allocating funds to executive salaries. This suggests a high dedication to its mission and efficient use of resources, potentially relying on volunteer leadership or staff compensated under other expense categories.

What is the trend in the organization's asset base?

The organization's assets have shown a consistent downward trend over the past decade, decreasing from $5,223,161 in 201503 to $4,246,210 in 202403. This decline is likely linked to the ongoing operational deficits, where expenses exceed revenue, requiring the organization to draw upon its existing assets.

Filing History

IRS 990 filing history for Bay Aging Apartment Jcc Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Bay Aging Apartment Jcc Inc's revenue has grown by 82.6%, moving from $269K to $492K. Total assets decreased by 25.4% over the same period, from $5.7M to $4.2M. Total functional expenses rose by 83.2%, from $349K to $639K. In its most recent filing year (2024), Bay Aging Apartment Jcc Inc reported a deficit of $148K, with expenses exceeding revenue. The organization holds $78K in liabilities against $4.2M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $4.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $492K $639K $4.2M $78K
2023 $476K $574K $4.4M $62K View 990
2022 $454K $536K $4.5M $73K View 990
2021 $417K $519K $4.6M $57K View 990
2020 $396K $514K $4.6M $49K View 990
2019 $376K $488K $4.8M $54K View 990
2018 $362K $471K $4.9M $73K View 990
2017 $341K $445K $5.0M $65K View 990
2016 $317K $442K $5.1M $61K View 990
2015 $305K $422K $5.2M $54K View 990
2014 $295K $417K $5.3M $49K View 990
2013 $286K $397K $5.5M $49K View 990
2012 $280K $381K $5.6M $69K View 990
2011 $269K $349K $5.7M $73K View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $492K, expenses of $639K, and assets of $4.2M (revenue +3.4% year-over-year).
  • 2023: Revenue of $476K, expenses of $574K, and assets of $4.4M (revenue +4.8% year-over-year).
  • 2022: Revenue of $454K, expenses of $536K, and assets of $4.5M (revenue +8.9% year-over-year).
  • 2021: Revenue of $417K, expenses of $519K, and assets of $4.6M (revenue +5.4% year-over-year).
  • 2020: Revenue of $396K, expenses of $514K, and assets of $4.6M (revenue +5.3% year-over-year).
  • 2019: Revenue of $376K, expenses of $488K, and assets of $4.8M (revenue +3.8% year-over-year).
  • 2018: Revenue of $362K, expenses of $471K, and assets of $4.9M (revenue +6.2% year-over-year).
  • 2017: Revenue of $341K, expenses of $445K, and assets of $5.0M (revenue +7.5% year-over-year).
  • 2016: Revenue of $317K, expenses of $442K, and assets of $5.1M (revenue +4.0% year-over-year).
  • 2015: Revenue of $305K, expenses of $422K, and assets of $5.2M (revenue +3.4% year-over-year).
  • 2014: Revenue of $295K, expenses of $417K, and assets of $5.3M (revenue +3.2% year-over-year).
  • 2013: Revenue of $286K, expenses of $397K, and assets of $5.5M (revenue +2.1% year-over-year).
  • 2012: Revenue of $280K, expenses of $381K, and assets of $5.6M (revenue +3.9% year-over-year).
  • 2011: Revenue of $269K, expenses of $349K, and assets of $5.7M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Bay Aging Apartment Jcc Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Bay Aging Apartment Jcc Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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

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