J G B Rehabilitation Corp
J G B Rehabilitation Corp faces significant financial challenges with persistent deficits and high liabilities.
EIN: 133439035 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.5M |
| Total Expenses | $15.7M |
| CEO/Top Officer Pay | $15 |
| Net Assets | $-104,593,032 |
| Transparency Score | 20/100 |
Is J G B Rehabilitation Corp Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About J G B Rehabilitation Corp
J G B Rehabilitation Corp (EIN: 133439035) is a nonprofit organization based in New York, NY. The organization reported total revenue of $15.5M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J G B Rehabilitation Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J G B Rehabilitation Corp is a large nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.3M |
| Total Expenses | $15.7M |
| Surplus / Deficit | $-362,890 |
| Total Assets | $4.5M |
| Total Liabilities | $109.1M |
| Net Assets | $-104,593,032 |
| Operating Margin | -2.4% |
| Debt-to-Asset Ratio | 2420.5% |
| Months of Reserves | 3.5 months |
Financial Health Grade: C
In 2023, J G B Rehabilitation Corp reported a deficit of $363K with expenses exceeding revenue, holds 3.5 months of operating reserves (adequate), has a debt-to-asset ratio of 2420.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), J G B Rehabilitation Corp's revenue has grown at a compound annual growth rate (CAGR) of 23.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.9% | +16.1% | +13.3% |
| 2022 | +18.2% | +54.6% | +66.8% |
| 2021 | +199.8% | -44.7% | +133.1% |
| 2020 | -62.6% | -7.6% | -84.3% |
| 2019 | -3.3% | -11.8% | +26.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 J G B Rehabilitation Corp with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, J G B Rehabilitation Corp allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $363K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2420.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all provided filing periods, indicating that no compensation was paid to officers, directors, trustees, or key employees. This suggests a volunteer leadership structure or that compensation is not reported in this specific field, which is unusual for an organization with over $15 million in revenue.
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 J G B Rehabilitation Corp's IRS 990 filings:
- Persistent operating deficits over multiple years (e.g., 2023, 2020, 2019, 2018, 2017, 2016, 2015, 2014).
- Extremely high liabilities relative to assets (e.g., $109.1M liabilities vs. $4.5M assets in 2023).
- Significant fluctuations in revenue and expenses year-over-year without clear explanation (e.g., revenue dropped from $10.2M in 2019 to $3.8M in 2020, then increased to $11.4M in 2021).
- Consistent reporting of 0% officer compensation for an organization with over $15 million in revenue, which may obscure executive remuneration practices.
Strengths
The following positive indicators were identified for J G B Rehabilitation Corp:
- No reported officer compensation, suggesting a potentially volunteer-led executive team or highly efficient use of funds in this area.
Frequently Asked Questions about J G B Rehabilitation Corp
Is J G B Rehabilitation Corp a legitimate charity?
J G B Rehabilitation Corp (EIN: 133439035) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 20/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.5M. 4 red flags identified. 1 strength noted. Financial health grade: C.
How does J G B Rehabilitation Corp spend its money?
J G B Rehabilitation Corp reported $15.5M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to J G B Rehabilitation Corp tax-deductible?
J G B Rehabilitation Corp is registered as a tax-exempt nonprofit (EIN: 133439035). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the J G B Rehabilitation Corp CEO make?
J G B Rehabilitation Corp's highest-compensated officer earns $15 annually. The organization reported $15.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is J G B Rehabilitation Corp located?
J G B Rehabilitation Corp is headquartered in New York, New York and files with the IRS under EIN 133439035.
How many years of IRS 990 filings does J G B Rehabilitation Corp have?
J G B Rehabilitation Corp has 13 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 $15.5M in total revenue.
How does J G B Rehabilitation Corp sustain operations with consistent revenue deficits?
The organization has consistently reported expenses exceeding revenue in many years, such as 2023 ($15.6M expenses vs. $15.3M revenue) and 2020 ($15.7M expenses vs. $3.8M revenue). This suggests reliance on other funding sources not reflected in 'revenue' or a draw-down on reserves, though assets are relatively low compared to liabilities.
What is the nature of the extremely high liabilities reported by the organization?
J G B Rehabilitation Corp consistently reports liabilities exceeding $100 million in recent years (e.g., $109.1M in 2023), which is vastly disproportionate to its assets (e.g., $4.5M in 2023). The specific nature of these liabilities (e.g., mortgages, bonds, program-related investments) is not detailed in the provided summary but warrants further investigation as it represents a significant financial risk.
Why is officer compensation reported as 0% despite significant revenue and expenses?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It could indicate a fully volunteer board and executive team, or that compensation is being reported in a different category not captured by 'Officer Comp' in this summary, which would impact transparency.
What is the organization's plan to address its long-term financial stability given its asset-to-liability ratio?
With assets of $4.5 million and liabilities of $109.1 million in 2023, the organization's asset-to-liability ratio is extremely low. This indicates a precarious financial position and raises concerns about its ability to meet its financial obligations in the long term.
Filing History
IRS 990 filing history for J G B Rehabilitation Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), J G B Rehabilitation Corp's revenue has grown by 1198.1%, moving from $1.2M to $15.3M. Total assets increased by 745.2% over the same period, from $533K to $4.5M. Total functional expenses rose by 491.9%, from $2.6M to $15.7M. In its most recent filing year (2023), J G B Rehabilitation Corp reported a deficit of $363K, with expenses exceeding revenue. The organization holds $109.1M in liabilities against $4.5M in assets (debt-to-asset ratio: 2420.5%), resulting in net assets of $-104,593,032.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.3M | $15.7M | $4.5M | $109.1M | — | — |
| 2022 | $13.6M | $13.5M | $4.0M | $108.2M | — | View 990 |
| 2021 | $11.5M | $8.7M | $2.4M | $106.7M | — | View 990 |
| 2020 | $3.8M | $15.8M | $1.0M | $108.1M | — | View 990 |
| 2019 | $10.2M | $17.1M | $6.5M | $99.9M | — | View 990 |
| 2018 | $10.6M | $19.4M | $5.2M | $91.7M | — | View 990 |
| 2017 | $2.1M | $6.9M | $725K | $32.1M | — | View 990 |
| 2016 | $2.1M | $4.7M | $537K | $27.1M | — | View 990 |
| 2015 | $2.3M | $5.2M | $542K | $24.6M | — | View 990 |
| 2014 | $1.5M | $3.7M | $639K | $21.8M | — | View 990 |
| 2013 | $1.3M | $3.0M | $426K | $19.4M | — | View 990 |
| 2012 | $550K | $2.4M | $407K | $17.8M | — | View 990 |
| 2011 | $1.2M | $2.6M | $533K | $16.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.3M, expenses of $15.7M, and assets of $4.5M (revenue +12.9% year-over-year).
- 2022: Revenue of $13.6M, expenses of $13.5M, and assets of $4.0M (revenue +18.2% year-over-year).
- 2021: Revenue of $11.5M, expenses of $8.7M, and assets of $2.4M (revenue +199.8% year-over-year).
- 2020: Revenue of $3.8M, expenses of $15.8M, and assets of $1.0M (revenue -62.6% year-over-year).
- 2019: Revenue of $10.2M, expenses of $17.1M, and assets of $6.5M (revenue -3.3% year-over-year).
- 2018: Revenue of $10.6M, expenses of $19.4M, and assets of $5.2M (revenue +410.9% year-over-year).
- 2017: Revenue of $2.1M, expenses of $6.9M, and assets of $725K (revenue -2.5% year-over-year).
- 2016: Revenue of $2.1M, expenses of $4.7M, and assets of $537K (revenue -9.1% year-over-year).
- 2015: Revenue of $2.3M, expenses of $5.2M, and assets of $542K (revenue +58.6% year-over-year).
- 2014: Revenue of $1.5M, expenses of $3.7M, and assets of $639K (revenue +9.9% year-over-year).
- 2013: Revenue of $1.3M, expenses of $3.0M, and assets of $426K (revenue +143.4% year-over-year).
- 2012: Revenue of $550K, expenses of $2.4M, and assets of $407K (revenue -53.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $2.6M, and assets of $533K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J G B Rehabilitation Corp:
Data Sources and Methodology
This transparency report for J G B Rehabilitation Corp 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.