International Fashion Jewelry & Accessory Group Inc

Is International Fashion Jewelry & Accessory Group Inc Legit?

Some Concerns

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

International Fashion Jewelry & Accessory Group Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About International Fashion Jewelry & Accessory Group Inc

International Fashion Jewelry & Accessory Group Inc (EIN: 133949078) is a nonprofit organization based in Little River, SC, classified under NTEE code S41. The organization reported total revenue of $433K and total assets of $355K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Fashion Jewelry & Accessory Group Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates International Fashion Jewelry & Accessory Group 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: 15%
• programs: 80%
• fundraising: 5%

According to IRS 990 filings, International Fashion Jewelry & Accessory Group Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of this revenue size.

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 International Fashion Jewelry & Accessory Group Inc's IRS 990 filings:

• Lack of detailed expense breakdown prevents precise program efficiency assessment
• Unusually consistent 0% officer compensation across all filings for an organization of this size

Strengths

The following positive indicators were identified for International Fashion Jewelry & Accessory Group Inc:

• Consistent financial reporting over a decade
• Generally stable revenue and asset base
• Low liabilities across most filing periods
• Consistent operational surpluses in most recent years (e.g., $60,747 surplus in 202303)
• No reported officer compensation, suggesting low overhead in this area

Frequently Asked Questions about International Fashion Jewelry & Accessory Group Inc

Filing History

IRS 990 filing history for International Fashion Jewelry & Accessory Group Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2012–2023), International Fashion Jewelry & Accessory Group Inc's revenue has declined by 23.1%, moving from $579K to $445K. Total assets decreased by 26.6% over the same period, from $415K to $304K. Total functional expenses fell by 30.4%, from $552K to $384K. In its most recent filing year (2023), International Fashion Jewelry & Accessory Group Inc reported a surplus of $61K, with revenue exceeding expenses. The organization holds $7K in liabilities against $304K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $297K.

Year-by-Year Financial Summary

• 2023: Revenue of $445K, expenses of $384K, and assets of $304K (revenue -34.1% year-over-year).
• 2022: Revenue of $675K, expenses of $623K, and assets of $247K (revenue -5.8% year-over-year).
• 2020: Revenue of $716K, expenses of $713K, and assets of $263K (revenue +8.3% year-over-year).
• 2019: Revenue of $661K, expenses of $638K, and assets of $260K (revenue -11.9% year-over-year).
• 2018: Revenue of $751K, expenses of $670K, and assets of $236K (revenue +10.6% year-over-year).
• 2016: Revenue of $679K, expenses of $767K, and assets of $263K (revenue +14.9% year-over-year).
• 2015: Revenue of $591K, expenses of $666K, and assets of $341K (revenue -2.9% year-over-year).
• 2014: Revenue of $608K, expenses of $631K, and assets of $413K (revenue -4.8% year-over-year).
• 2013: Revenue of $639K, expenses of $618K, and assets of $436K (revenue +10.4% year-over-year).
• 2012: Revenue of $579K, expenses of $552K, and assets of $415K.

Data Sources and Methodology

This transparency report for International Fashion Jewelry & Accessory Group 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.