Jacobs Place Homeless Mission
Jacobs Place Homeless Mission maintains stable revenue and zero liabilities, with no officer compensation reported.
EIN: 208200930 · Searcy, AR · NTEE: L41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $117K |
| Total Expenses | $128K |
| Program Spending | 85% |
| Net Assets | $86K |
| Transparency Score | 85/100 |
Is Jacobs Place Homeless Mission Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jacobs Place Homeless Mission directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jacobs Place Homeless Mission
Jacobs Place Homeless Mission (EIN: 208200930) is a nonprofit organization based in Searcy, AR, classified under NTEE code L41. The organization reported total revenue of $117K and total assets of $63K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacobs Place Homeless Mission's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jacobs Place Homeless Mission is a small nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $128K |
| Surplus / Deficit | +$8K |
| Total Assets | $86K |
| Net Assets | $86K |
| Operating Margin | 5.8% |
| Months of Reserves | 8.1 months |
Financial Health Grade: A
In 2023, Jacobs Place Homeless Mission reported a surplus of $8K with revenue exceeding expenses, holds 8.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Jacobs Place Homeless Mission's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.6% | +42.5% | +10.0% |
| 2022 | +20.1% | -58.5% | +54.5% |
| 2021 | -25.7% | +162.9% | -69.9% |
| 2020 | -12.6% | -43.5% | +41.1% |
| 2019 | +7.0% | +2.9% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
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 Jacobs Place Homeless Mission 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Jacobs Place Homeless Mission 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 $8K, with revenue exceeding expenses.
Executive Compensation Analysis
Jacobs Place Homeless Mission consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong positive for directing funds to mission-related activities.
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 Jacobs Place Homeless Mission's IRS 990 filings:
- Significant deficit in 2021 where expenses ($215,802) far exceeded revenue ($97,635), leading to a draw on assets.
Strengths
The following positive indicators were identified for Jacobs Place Homeless Mission:
- Consistent reporting of zero liabilities across all filings, indicating strong financial health and no debt.
- 0% officer compensation reported in all filings, suggesting a highly efficient and volunteer-driven leadership structure.
- Generally stable revenue stream over the past decade, demonstrating consistent donor support.
- Positive net income in most years, indicating sustainable operations.
- Return to positive net income in 2023 ($135,566 revenue vs. $127,684 expenses) after the 2021 deficit.
Frequently Asked Questions about Jacobs Place Homeless Mission
Is Jacobs Place Homeless Mission a legitimate charity?
Jacobs Place Homeless Mission (EIN: 208200930) is a registered tax-exempt nonprofit based in Arkansas. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $117K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Jacobs Place Homeless Mission spend its money?
Jacobs Place Homeless Mission directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jacobs Place Homeless Mission tax-deductible?
Jacobs Place Homeless Mission is registered as a tax-exempt nonprofit (EIN: 208200930). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jacobs Place Homeless Mission's spending goes to programs?
Jacobs Place Homeless Mission directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jacobs Place Homeless Mission compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jacobs Place Homeless Mission is above average for NTEE category L41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jacobs Place Homeless Mission located?
Jacobs Place Homeless Mission is headquartered in Searcy, Arkansas and files with the IRS under EIN 208200930. It is classified under NTEE code L41.
How many years of IRS 990 filings does Jacobs Place Homeless Mission have?
Jacobs Place Homeless Mission has 12 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 $117K in total revenue.
What caused the significant increase in expenses in 2021 ($215,802) compared to revenue ($97,635)?
The IRS 990 filings show a substantial deficit in 2021, with expenses more than double the revenue. Understanding the specific programs or operational needs that led to this expenditure would provide clarity on the organization's financial strategy during that period.
How does Jacobs Place Homeless Mission sustain operations with 0% officer compensation?
The consistent reporting of no officer compensation suggests a highly volunteer-driven leadership model or that compensation is structured in a way not reported as officer compensation. This is a positive indicator of low administrative overhead.
What is the current breakdown of program, administrative, and fundraising expenses?
While the filings provide total expenses, a detailed breakdown of how the $127,684 in expenses for 2023 was allocated across programs, administration, and fundraising would offer greater insight into spending efficiency.
Filing History
IRS 990 filing history for Jacobs Place Homeless Mission showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Jacobs Place Homeless Mission's revenue has grown by 87.4%, moving from $72K to $136K. Total assets increased by 546.2% over the same period, from $13K to $86K. Total functional expenses rose by 81.5%, from $70K to $128K. In its most recent filing year (2023), Jacobs Place Homeless Mission reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $136K | $128K | $86K | $0 | — | — |
| 2022 | $117K | $90K | $78K | $0 | — | View 990 |
| 2021 | $98K | $216K | $51K | $0 | — | View 990 |
| 2020 | $131K | $82K | $169K | $0 | — | — |
| 2019 | $150K | $145K | $120K | $0 | — | View 990 |
| 2018 | $141K | $141K | $115K | $0 | — | View 990 |
| 2017 | $121K | $134K | $116K | $0 | — | View 990 |
| 2016 | $115K | $102K | $129K | $0 | — | View 990 |
| 2015 | $211K | $107K | $116K | $0 | — | View 990 |
| 2014 | $100K | $91K | $11K | $0 | — | View 990 |
| 2013 | $72K | $83K | $2K | $0 | — | View 990 |
| 2012 | $72K | $70K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $136K, expenses of $128K, and assets of $86K (revenue +15.6% year-over-year).
- 2022: Revenue of $117K, expenses of $90K, and assets of $78K (revenue +20.1% year-over-year).
- 2021: Revenue of $98K, expenses of $216K, and assets of $51K (revenue -25.7% year-over-year).
- 2020: Revenue of $131K, expenses of $82K, and assets of $169K (revenue -12.6% year-over-year).
- 2019: Revenue of $150K, expenses of $145K, and assets of $120K (revenue +7.0% year-over-year).
- 2018: Revenue of $141K, expenses of $141K, and assets of $115K (revenue +16.0% year-over-year).
- 2017: Revenue of $121K, expenses of $134K, and assets of $116K (revenue +5.2% year-over-year).
- 2016: Revenue of $115K, expenses of $102K, and assets of $129K (revenue -45.5% year-over-year).
- 2015: Revenue of $211K, expenses of $107K, and assets of $116K (revenue +110.2% year-over-year).
- 2014: Revenue of $100K, expenses of $91K, and assets of $11K (revenue +40.3% year-over-year).
- 2013: Revenue of $72K, expenses of $83K, and assets of $2K (revenue -1.0% year-over-year).
- 2012: Revenue of $72K, expenses of $70K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jacobs Place Homeless Mission:
Data Sources and Methodology
This transparency report for Jacobs Place Homeless Mission 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.