Jacobs Color Link Initiative Inc
EIN: 463898738 · New Orleans, LA · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $259K |
| Total Expenses | $304K |
| Net Assets | $136K |
Is Jacobs Color Link Initiative Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jacobs Color Link Initiative Inc
Jacobs Color Link Initiative Inc (EIN: 463898738) is a nonprofit organization based in New Orleans, LA, classified under NTEE code Q33. The organization reported total revenue of $259K and total assets of $136K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacobs Color Link Initiative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jacobs Color Link Initiative Inc is a small nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2014–2016). Revenue has grown at a compound annual rate of 37.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $259K |
| Total Expenses | $304K |
| Surplus / Deficit | $-44,595 |
| Total Assets | $136K |
| Total Liabilities | $6 |
| Net Assets | $136K |
| Operating Margin | -17.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2016, Jacobs Color Link Initiative Inc reported a deficit of $45K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2014–2016), Jacobs Color Link Initiative Inc's revenue has grown at a compound annual growth rate (CAGR) of 37.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -21.1% | +82.1% | -31.2% |
| 2015 | +138.6% | +56.0% | +571.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jacobs Color Link Initiative Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jacobs Color Link Initiative Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Jacobs Color Link Initiative Inc
Is Jacobs Color Link Initiative Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jacobs Color Link Initiative Inc (EIN: 463898738) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jacobs Color Link Initiative Inc spend its money?
Detailed spending breakdown data is not yet available for Jacobs Color Link Initiative Inc. Check back for updated IRS 990 analysis.
Are donations to Jacobs Color Link Initiative Inc tax-deductible?
Jacobs Color Link Initiative Inc is registered as a tax-exempt nonprofit (EIN: 463898738). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jacobs Color Link Initiative Inc located?
Jacobs Color Link Initiative Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 463898738. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Jacobs Color Link Initiative Inc have?
Jacobs Color Link Initiative Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $259K in total revenue.
Filing History
IRS 990 filing history for Jacobs Color Link Initiative Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2014–2016), Jacobs Color Link Initiative Inc's revenue has grown by 88.3%, moving from $138K to $259K. Total assets increased by 362.2% over the same period, from $29K to $136K. Total functional expenses rose by 184%, from $107K to $304K. In its most recent filing year (2016), Jacobs Color Link Initiative Inc reported a deficit of $45K, with expenses exceeding revenue. The organization holds $6 in liabilities against $136K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $136K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $259K | $304K | $136K | $6 | — | View 990 |
| 2015 | $328K | $167K | $198K | $7K | — | View 990 |
| 2014 | $138K | $107K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $259K, expenses of $304K, and assets of $136K (revenue -21.1% year-over-year).
- 2015: Revenue of $328K, expenses of $167K, and assets of $198K (revenue +138.6% year-over-year).
- 2014: Revenue of $138K, expenses of $107K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jacobs Color Link Initiative Inc:
Data Sources and Methodology
This transparency report for Jacobs Color Link Initiative 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.