J M Murray Center Inc
J M Murray Center Inc shows consistent revenue growth but operates on thin margins with increasing liabilities.
EIN: 160919050 · Cortland, NY · NTEE: J330 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34.4M |
| Total Expenses | $29.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $29 |
| Net Assets | $8.6M |
| Transparency Score | 75/100 |
Is J M Murray Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
J M Murray Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About J M Murray Center Inc
J M Murray Center Inc (EIN: 160919050) is a nonprofit organization based in Cortland, NY, classified under NTEE code J330. The organization reported total revenue of $34.4M and total assets of $18.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of J M Murray Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
J M Murray Center Inc is a large nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.2M |
| Total Expenses | $29.1M |
| Surplus / Deficit | +$83K |
| Total Assets | $17.6M |
| Total Liabilities | $9.0M |
| Net Assets | $8.6M |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 51.0% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2023, J M Murray Center Inc reported a surplus of $83K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 51.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), J M Murray Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.7% | +16.2% | -1.4% |
| 2022 | +7.7% | +6.8% | +8.3% |
| 2021 | +40.8% | +36.2% | +3.6% |
| 2020 | -18.1% | -4.8% | +27.1% |
| 2019 | +11.0% | +2.9% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1968 |
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 M Murray Center 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: 85%
- fundraising: 5%
According to IRS 990 filings, J M Murray Center 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 surplus of $83K, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.0%.
Executive Compensation Analysis
All available IRS 990 filings consistently report 0% for Officer Compensation, which is highly unusual for an organization with annual revenues exceeding $29 million. This suggests either uncompensated leadership, or that compensation is structured in a way not captured by this specific reporting line, warranting further inquiry.
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 M Murray Center Inc's IRS 990 filings:
- Consistent 0% officer compensation reported for a large organization, which is unusual and requires clarification.
- Significant increase in liabilities over the past decade, from $1.5M in 2014 to $8.9M in 2023, without clear explanation in the provided data.
- Operating on very thin margins, with expenses often closely matching or slightly exceeding revenue, which could limit financial flexibility and reserve building.
Strengths
The following positive indicators were identified for J M Murray Center Inc:
- Consistent revenue growth, from $18.1M in 2014 to $29.1M in 2023, indicating strong fundraising or service demand.
- Steady growth in assets, reaching $17.5M in 2023, contributing to long-term stability.
- Consistent filing of IRS Form 990s, demonstrating regulatory compliance and transparency.
- NTEE code J330 indicates a clear focus on services for people with disabilities, suggesting strong program alignment.
Frequently Asked Questions about J M Murray Center Inc
Is J M Murray Center Inc a legitimate charity?
J M Murray Center Inc (EIN: 160919050) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $34.4M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does J M Murray Center Inc spend its money?
J M Murray Center Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to J M Murray Center Inc tax-deductible?
J M Murray Center Inc is registered as a tax-exempt nonprofit (EIN: 160919050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the J M Murray Center Inc CEO make?
J M Murray Center Inc's highest-compensated officer earns $29 annually. The organization reported $34.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of J M Murray Center Inc's spending goes to programs?
J M Murray Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does J M Murray Center Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), J M Murray Center Inc is above average for NTEE category J330 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is J M Murray Center Inc located?
J M Murray Center Inc is headquartered in Cortland, New York and files with the IRS under EIN 160919050. It is classified under NTEE code J330.
How many years of IRS 990 filings does J M Murray Center Inc have?
J M Murray Center Inc 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 $34.4M in total revenue.
Is J M Murray Center Inc a good charity?
J M Murray Center Inc appears to be a generally effective charity, demonstrating consistent revenue growth and a strong commitment to its mission, as evidenced by its NTEE code and tight operational margins. However, the increasing liabilities and the unusual reporting of 0% officer compensation warrant further investigation for a complete assessment.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% for Officer Comp across all filings is highly unusual for an organization of this scale. It could indicate that the highest-ranking officers are volunteers, compensated through a related entity, or that their compensation is categorized differently within the 990, such as under general salaries, rather than specifically as 'officer compensation'.
What is the nature of the increasing liabilities?
The organization's liabilities have significantly increased from $1,515,448 in 201412 to $8,962,350 in 202312. Understanding the nature of these liabilities (e.g., program-related debt, capital expenditures, deferred revenue) is crucial to assess financial risk and long-term stability.
How does the organization manage its cash flow with such thin operating margins?
Operating with expenses consistently close to or slightly exceeding revenue, as seen in periods like 202212 and 202112, suggests tight cash flow management. It would be important to understand their working capital strategies and any reliance on lines of credit or reserves to cover operational gaps.
Filing History
IRS 990 filing history for J M Murray Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), J M Murray Center Inc's revenue has grown by 72%, moving from $16.9M to $29.2M. Total assets increased by 83.7% over the same period, from $9.6M to $17.6M. Total functional expenses rose by 73.1%, from $16.8M to $29.1M. In its most recent filing year (2023), J M Murray Center Inc reported a surplus of $83K, with revenue exceeding expenses. The organization holds $9.0M in liabilities against $17.6M in assets (debt-to-asset ratio: 51.0%), resulting in net assets of $8.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29.2M | $29.1M | $17.6M | $9.0M | — | View 990 |
| 2022 | $24.2M | $25.0M | $17.8M | $9.3M | — | View 990 |
| 2021 | $22.4M | $23.4M | $16.5M | $6.7M | — | View 990 |
| 2020 | $15.9M | $17.2M | $15.9M | $5.1M | — | View 990 |
| 2019 | $19.5M | $18.0M | $12.5M | $2.0M | — | View 990 |
| 2018 | $17.5M | $17.5M | $12.0M | $3.2M | — | View 990 |
| 2017 | $16.9M | $17.4M | $12.3M | $3.5M | — | View 990 |
| 2016 | $16.9M | $17.0M | $11.5M | $2.4M | — | View 990 |
| 2015 | $17.2M | $17.0M | $10.9M | $1.7M | — | View 990 |
| 2014 | $18.1M | $17.8M | $10.4M | $1.5M | — | View 990 |
| 2013 | $17.8M | $17.7M | $9.7M | $1.2M | — | View 990 |
| 2012 | $17.5M | $17.5M | $9.8M | $1.7M | — | View 990 |
| 2011 | $16.9M | $16.8M | $9.6M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29.2M, expenses of $29.1M, and assets of $17.6M (revenue +20.7% year-over-year).
- 2022: Revenue of $24.2M, expenses of $25.0M, and assets of $17.8M (revenue +7.7% year-over-year).
- 2021: Revenue of $22.4M, expenses of $23.4M, and assets of $16.5M (revenue +40.8% year-over-year).
- 2020: Revenue of $15.9M, expenses of $17.2M, and assets of $15.9M (revenue -18.1% year-over-year).
- 2019: Revenue of $19.5M, expenses of $18.0M, and assets of $12.5M (revenue +11.0% year-over-year).
- 2018: Revenue of $17.5M, expenses of $17.5M, and assets of $12.0M (revenue +3.9% year-over-year).
- 2017: Revenue of $16.9M, expenses of $17.4M, and assets of $12.3M (revenue +0.0% year-over-year).
- 2016: Revenue of $16.9M, expenses of $17.0M, and assets of $11.5M (revenue -2.0% year-over-year).
- 2015: Revenue of $17.2M, expenses of $17.0M, and assets of $10.9M (revenue -4.9% year-over-year).
- 2014: Revenue of $18.1M, expenses of $17.8M, and assets of $10.4M (revenue +1.4% year-over-year).
- 2013: Revenue of $17.8M, expenses of $17.7M, and assets of $9.7M (revenue +1.9% year-over-year).
- 2012: Revenue of $17.5M, expenses of $17.5M, and assets of $9.8M (revenue +3.4% year-over-year).
- 2011: Revenue of $16.9M, expenses of $16.8M, and assets of $9.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for J M Murray Center Inc:
Data Sources and Methodology
This transparency report for J M Murray Center 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.