Cjm Foundation
Cjm Foundation consistently reports zero officer compensation but faces ongoing deficits and declining assets.
EIN: 137105559 · New York, NY · NTEE: T70I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.5M |
| Program Spending | 75% |
| Net Assets | $6.4M |
| Transparency Score | 70/100 |
Is Cjm Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cjm Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cjm Foundation
Cjm Foundation (EIN: 137105559) is a nonprofit organization based in New York, NY, classified under NTEE code T70I. The organization reported total revenue of $2.5M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cjm Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cjm Foundation is a mid-size nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.5M |
| Surplus / Deficit | $-73,032 |
| Total Assets | $6.4M |
| Total Liabilities | $1 |
| Net Assets | $6.4M |
| Operating Margin | -3.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 30.5 months |
Financial Health Grade: B
In 2023, Cjm Foundation reported a deficit of $73K with expenses exceeding revenue, holds 30.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Cjm Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.9% | -4.3% | -1.1% |
| 2022 | +558.2% | +145.8% | -6.2% |
| 2021 | -84.8% | -60.9% | -8.7% |
| 2020 | -64.5% | +120.9% | -5.9% |
| 2019 | +59.0% | -74.0% | +304.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Cjm Foundation with a Mission Score of 70 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Cjm Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $73K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is a strong positive for transparency and efficient use of funds at the leadership level.
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 Cjm Foundation's IRS 990 filings:
- Recurring operational deficits (e.g., 2023, 2022, 2020, 2015, 2014, 2013, 2012, 2011) where expenses exceeded revenue.
- Significant decline in total assets from $12,768,562 in 2011 to $6,320,935 currently, indicating a draw-down of reserves.
- Unexplained sharp drop in revenue in 2021 to $343,570, while expenses remained high at $1,067,373.
Strengths
The following positive indicators were identified for Cjm Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating strong transparency and responsible executive pay practices.
- Maintained substantial assets ($6,320,935) despite recurring deficits, suggesting a historical financial cushion.
Frequently Asked Questions about Cjm Foundation
Is Cjm Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cjm Foundation (EIN: 137105559) some concerns. Mission Score: 70/100. 3 red flags identified, 2 strengths noted.
How does Cjm Foundation spend its money?
Cjm Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cjm Foundation tax-deductible?
Cjm Foundation is registered as a tax-exempt nonprofit (EIN: 137105559). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cjm Foundation's spending goes to programs?
Cjm Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cjm Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Cjm Foundation is above average for NTEE category T70I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cjm Foundation located?
Cjm Foundation is headquartered in New York, New York and files with the IRS under EIN 137105559. It is classified under NTEE code T70I.
How many years of IRS 990 filings does Cjm Foundation have?
Cjm Foundation has 10 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 $2.5M in total revenue.
Is Cjm Foundation financially sustainable given its recurring deficits?
The organization has frequently reported expenses exceeding revenue, such as in 2023 ($2,512,279 expenses vs. $2,439,247 revenue) and 2022 ($2,623,858 expenses vs. $2,261,226 revenue). This trend, coupled with a significant decline in assets from $12,768,562 in 2011 to $6,320,935 currently, raises concerns about long-term financial sustainability if not addressed.
Why did Cjm Foundation's revenue drop significantly in 2021?
In 2021, the organization's revenue was $343,570, a substantial decrease from $2,257,948 in 2020 and $2,261,226 in 2022. This sharp decline, while expenses remained over $1 million, is an anomaly that would require further investigation into the specific circumstances of that fiscal year.
What is the breakdown of Cjm Foundation's expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a complete assessment of spending efficiency and program focus.
Filing History
IRS 990 filing history for Cjm Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cjm Foundation's revenue has declined by 11.2%, moving from $2.7M to $2.4M. Total assets decreased by 50.1% over the same period, from $12.8M to $6.4M. Total functional expenses fell by 52.7%, from $5.3M to $2.5M. In its most recent filing year (2023), Cjm Foundation reported a deficit of $73K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.5M | $6.4M | $1 | — | — |
| 2022 | $2.3M | $2.6M | $6.5M | $1 | — | View 990 |
| 2021 | $344K | $1.1M | $6.9M | $65K | — | View 990 |
| 2020 | $2.3M | $2.7M | $7.5M | $1 | — | View 990 |
| 2019 | $6.4M | $1.2M | $8.0M | $0 | — | View 990 |
| 2015 | $4.0M | $4.7M | $2.0M | $1 | — | View 990 |
| 2014 | $2.8M | $5.6M | $2.9M | $0 | — | View 990 |
| 2013 | $2.3M | $6.4M | $5.7M | $0 | — | View 990 |
| 2012 | $2.7M | $5.7M | $9.8M | $0 | — | View 990 |
| 2011 | $2.7M | $5.3M | $12.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.5M, and assets of $6.4M (revenue +7.9% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.6M, and assets of $6.5M (revenue +558.2% year-over-year).
- 2021: Revenue of $344K, expenses of $1.1M, and assets of $6.9M (revenue -84.8% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.7M, and assets of $7.5M (revenue -64.5% year-over-year).
- 2019: Revenue of $6.4M, expenses of $1.2M, and assets of $8.0M (revenue +59.0% year-over-year).
- 2015: Revenue of $4.0M, expenses of $4.7M, and assets of $2.0M (revenue +43.7% year-over-year).
- 2014: Revenue of $2.8M, expenses of $5.6M, and assets of $2.9M (revenue +22.5% year-over-year).
- 2013: Revenue of $2.3M, expenses of $6.4M, and assets of $5.7M (revenue -16.3% year-over-year).
- 2012: Revenue of $2.7M, expenses of $5.7M, and assets of $9.8M (revenue -1.2% year-over-year).
- 2011: Revenue of $2.7M, expenses of $5.3M, and assets of $12.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cjm Foundation:
Data Sources and Methodology
This transparency report for Cjm Foundation 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.