Jacobs Ladder Assistance Fund Inc
EIN: 812234716 · Morgantown, WV · NTEE: P12
| Metric | Value |
|---|---|
| Total Revenue | $38K |
| Total Expenses | $160K |
| Net Assets | $150K |
Is Jacobs Ladder Assistance Fund 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 Ladder Assistance Fund Inc
Jacobs Ladder Assistance Fund Inc (EIN: 812234716) is a nonprofit organization based in Morgantown, WV, classified under NTEE code P12. The organization reported total revenue of $38K and total assets of $36K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacobs Ladder Assistance Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jacobs Ladder Assistance Fund Inc is a micro nonprofit that has been operating for 10 years, with 2 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 42.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $133K |
| Total Expenses | $160K |
| Surplus / Deficit | $-26,347 |
| Total Assets | $150K |
| Net Assets | $150K |
| Operating Margin | -19.7% |
| Months of Reserves | 11.3 months |
Financial Health Grade: B
In 2023, Jacobs Ladder Assistance Fund Inc reported a deficit of $26K with expenses exceeding revenue, holds 11.3 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2016–2023), Jacobs Ladder Assistance Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 42.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1067.1% | — | +1215.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jacobs Ladder Assistance Fund 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 Ladder Assistance Fund 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
Frequently Asked Questions about Jacobs Ladder Assistance Fund Inc
Is Jacobs Ladder Assistance Fund Inc a legitimate charity?
Jacobs Ladder Assistance Fund Inc (EIN: 812234716) is a registered tax-exempt nonprofit based in West Virginia. It has 2 years of IRS 990 filings on record. Total revenue: $38K. No red flags identified. Financial health grade: B.
How does Jacobs Ladder Assistance Fund Inc spend its money?
Jacobs Ladder Assistance Fund Inc reported $38K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jacobs Ladder Assistance Fund Inc tax-deductible?
Jacobs Ladder Assistance Fund Inc is registered as a tax-exempt nonprofit (EIN: 812234716). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jacobs Ladder Assistance Fund Inc located?
Jacobs Ladder Assistance Fund Inc is headquartered in Morgantown, West Virginia and files with the IRS under EIN 812234716. It is classified under NTEE code P12.
How many years of IRS 990 filings does Jacobs Ladder Assistance Fund Inc have?
Jacobs Ladder Assistance Fund Inc has 2 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 $38K in total revenue.
Filing History
IRS 990 filing history for Jacobs Ladder Assistance Fund Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2016–2023), Jacobs Ladder Assistance Fund Inc's revenue has grown by 1067.1%, moving from $11K to $133K. Total assets increased by 1215.1% over the same period, from $11K to $150K. In its most recent filing year (2023), Jacobs Ladder Assistance Fund Inc reported a deficit of $26K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $133K | $160K | $150K | $0 | — | — |
| 2016 | $11K | $0 | $11K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jacobs Ladder Assistance Fund Inc:
Data Sources and Methodology
This transparency report for Jacobs Ladder Assistance Fund 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.