C R Jrs Chip Inc
C R Jrs Chip Inc reports two consecutive years of operating deficits despite substantial asset growth and no officer compensation.
EIN: 10867393 · Pittsburgh, PA · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $7.5M |
| Transparency Score | 85/100 |
Is C R Jrs Chip Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
C R Jrs Chip Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About C R Jrs Chip Inc
C R Jrs Chip Inc (EIN: 10867393) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code B99. The organization reported total revenue of $1.8M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of C R Jrs Chip Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
C R Jrs Chip Inc is a mid-size nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-169,836 |
| Total Assets | $7.5M |
| Total Liabilities | $40K |
| Net Assets | $7.5M |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 55.5 months |
Financial Health Grade: B
In 2023, C R Jrs Chip Inc reported a deficit of $170K with expenses exceeding revenue, holds 55.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), C R Jrs Chip Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.8% | +18.8% | -2.5% |
| 2022 | -25.4% | +29.6% | -1.6% |
| 2021 | -9.3% | +38.0% | +7.2% |
| 2020 | +28.8% | +0.3% | +20.0% |
| 2019 | -57.6% | -2.8% | +12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates C R Jrs Chip Inc with a Mission Score of 85 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, C R Jrs Chip Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $170K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a significant positive for an organization with assets exceeding $7 million and annual revenues often over $1 million, suggesting a high dedication to mission-focused spending.
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 C R Jrs Chip Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2022 and 2023), indicating operating deficits.
- Significant fluctuation in annual revenue, making future financial planning potentially challenging.
Strengths
The following positive indicators were identified for C R Jrs Chip Inc:
- Zero officer compensation reported across all filings, indicating high dedication to mission.
- Substantial asset growth from $931,227 in 2015 to $7,509,120 in 2023, providing financial stability.
- Low liabilities relative to assets, indicating strong financial health ($40,195 liabilities vs $7,509,120 assets in 2023).
Frequently Asked Questions about C R Jrs Chip Inc
Is C R Jrs Chip Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, C R Jrs Chip Inc (EIN: 10867393) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does C R Jrs Chip Inc spend its money?
C R Jrs Chip Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to C R Jrs Chip Inc tax-deductible?
C R Jrs Chip Inc is registered as a tax-exempt nonprofit (EIN: 10867393). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the C R Jrs Chip Inc CEO make?
C R Jrs Chip Inc's highest-compensated officer earns $7 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of C R Jrs Chip Inc's spending goes to programs?
C R Jrs Chip Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does C R Jrs Chip Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), C R Jrs Chip Inc is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is C R Jrs Chip Inc located?
C R Jrs Chip Inc is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 10867393. It is classified under NTEE code B99.
How many years of IRS 990 filings does C R Jrs Chip Inc have?
C R Jrs Chip 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 $1.8M in total revenue.
Is C R Jrs Chip Inc a good charity?
Based on the available data, C R Jrs Chip Inc appears to be a good charity, particularly due to its strong asset base, consistent growth, and zero officer compensation. However, the recent trend of expenses exceeding revenue in 2022 and 2023 should be monitored.
What caused the significant revenue spike in 2018?
The IRS 990 data shows a revenue spike to $3,396,168 in 2018 from $1,934,596 in 2017. Without more detailed financial statements, the specific cause (e.g., a large one-time donation, a successful fundraising campaign, or a grant) cannot be determined from this summary data.
How does the organization plan to address the recent operating deficits?
The organization reported expenses of $1,623,023 against revenue of $1,453,187 in 2023, and $1,366,401 against $1,255,257 in 2022. While the organization has substantial assets ($7,509,120 in 2023) to cover these shortfalls, the long-term strategy for balancing revenue and expenses is not detailed in the provided summary data.
Filing History
IRS 990 filing history for C R Jrs Chip Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), C R Jrs Chip Inc's revenue has grown by 126.7%, moving from $641K to $1.5M. Total assets increased by 2301.5% over the same period, from $313K to $7.5M. Total functional expenses rose by 224.7%, from $500K to $1.6M. In its most recent filing year (2023), C R Jrs Chip Inc reported a deficit of $170K, with expenses exceeding revenue. The organization holds $40K in liabilities against $7.5M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.6M | $7.5M | $40K | — | — |
| 2022 | $1.3M | $1.4M | $7.7M | $33K | — | View 990 |
| 2021 | $1.7M | $1.1M | $7.8M | $19K | — | View 990 |
| 2020 | $1.9M | $764K | $7.3M | $116K | — | View 990 |
| 2019 | $1.4M | $761K | $6.1M | $3K | — | View 990 |
| 2018 | $3.4M | $784K | $5.4M | $7K | — | View 990 |
| 2017 | $1.9M | $793K | $2.8M | $1K | — | View 990 |
| 2016 | $1.5M | $759K | $1.6M | $6K | — | View 990 |
| 2015 | $708K | $722K | $931K | $3K | — | View 990 |
| 2014 | $767K | $738K | $954K | $3K | — | View 990 |
| 2013 | $855K | $678K | $920K | $5K | — | View 990 |
| 2012 | $1.0M | $581K | $740K | $2K | — | View 990 |
| 2011 | $515K | $518K | $305K | $4K | — | View 990 |
| 2010 | $641K | $500K | $313K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $7.5M (revenue +15.8% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $7.7M (revenue -25.4% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.1M, and assets of $7.8M (revenue -9.3% year-over-year).
- 2020: Revenue of $1.9M, expenses of $764K, and assets of $7.3M (revenue +28.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $761K, and assets of $6.1M (revenue -57.6% year-over-year).
- 2018: Revenue of $3.4M, expenses of $784K, and assets of $5.4M (revenue +75.5% year-over-year).
- 2017: Revenue of $1.9M, expenses of $793K, and assets of $2.8M (revenue +33.3% year-over-year).
- 2016: Revenue of $1.5M, expenses of $759K, and assets of $1.6M (revenue +105.0% year-over-year).
- 2015: Revenue of $708K, expenses of $722K, and assets of $931K (revenue -7.7% year-over-year).
- 2014: Revenue of $767K, expenses of $738K, and assets of $954K (revenue -10.3% year-over-year).
- 2013: Revenue of $855K, expenses of $678K, and assets of $920K (revenue -16.0% year-over-year).
- 2012: Revenue of $1.0M, expenses of $581K, and assets of $740K (revenue +97.5% year-over-year).
- 2011: Revenue of $515K, expenses of $518K, and assets of $305K (revenue -19.6% year-over-year).
- 2010: Revenue of $641K, expenses of $500K, and assets of $313K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for C R Jrs Chip Inc:
Data Sources and Methodology
This transparency report for C R Jrs Chip 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.