Jahbat Inc
Jahbat Inc. experiences revenue growth but maintains negative net assets, with liabilities exceeding assets.
EIN: 10924316 · Naperville, IL · NTEE: N64 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $831K |
| Total Expenses | $824K |
| Program Spending | 80% |
| Net Assets | $-14,604 |
| Transparency Score | 60/100 |
Is Jahbat Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jahbat Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jahbat Inc
Jahbat Inc (EIN: 10924316) is a nonprofit organization based in Naperville, IL, classified under NTEE code N64. The organization reported total revenue of $831K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jahbat Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jahbat Inc is a small nonprofit that has been operating for 4 years, with 7 years of IRS 990 filings on record (2018–2024). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $831K |
| Total Expenses | $824K |
| Surplus / Deficit | +$7K |
| Total Assets | $35K |
| Total Liabilities | $49K |
| Net Assets | $-14,604 |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 142.1% |
| Months of Reserves | 0.5 months |
Financial Health Grade: B
In 2024, Jahbat Inc reported a surplus of $7K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited), has a debt-to-asset ratio of 142.1% (high leverage).
Financial Trends
Over 7 years of filings (2018–2024), Jahbat Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +54.2% | +42.9% | -17.4% |
| 2023 | +16.6% | +15.1% | -45.9% |
| 2022 | +17.6% | +44.2% | -16.3% |
| 2021 | +24.0% | +8.6% | +56.8% |
| 2020 | -5.3% | -8.5% | +14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
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 Jahbat Inc with a Mission Score of 60 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Jahbat Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 142.1%.
Executive Compensation Analysis
Jahbat Inc. consistently reports 0% officer compensation across all seven available filings, indicating that no salaries or other compensation are paid to its officers, which is a strong positive for donor trust and resource allocation.
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 Jahbat Inc's IRS 990 filings:
- Consistent negative net assets (liabilities exceeding assets) in recent periods, e.g., $34,663 assets vs. $49,267 liabilities in 202406.
- Expenses closely matching or exceeding revenue in multiple periods, such as $823,661 expenses vs. $830,797 revenue in 202406, leaving little surplus for reserves.
Strengths
The following positive indicators were identified for Jahbat Inc:
- Significant revenue growth, nearly doubling from $393,000 in 202106 to $830,797 in 202406.
- Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds regarding executive pay.
- Regular and consistent filing of IRS Form 990s over seven periods, demonstrating transparency in reporting.
Frequently Asked Questions about Jahbat Inc
Is Jahbat Inc a legitimate charity?
Jahbat Inc (EIN: 10924316) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 60/100. It has 7 years of IRS 990 filings on record. Total revenue: $831K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Jahbat Inc spend its money?
Jahbat Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jahbat Inc tax-deductible?
Jahbat Inc is registered as a tax-exempt nonprofit (EIN: 10924316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jahbat Inc's spending goes to programs?
Jahbat Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jahbat Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Jahbat Inc is above average for NTEE category N64 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jahbat Inc located?
Jahbat Inc is headquartered in Naperville, Illinois and files with the IRS under EIN 10924316. It is classified under NTEE code N64.
How many years of IRS 990 filings does Jahbat Inc have?
Jahbat Inc has 7 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 $831K in total revenue.
Is Jahbat Inc. financially stable given its negative net assets?
Jahbat Inc. has consistently reported liabilities exceeding assets since at least 202206, with the latest period (202406) showing $34,663 in assets against $49,267 in liabilities. This indicates a concerning lack of financial stability and a negative net asset position.
How has Jahbat Inc.'s revenue growth impacted its financial health?
While Jahbat Inc. has experienced significant revenue growth, from $393,000 in 202106 to $830,797 in 202406, this growth has not translated into improved financial health as its net assets remain negative, suggesting expenses are keeping pace with or exceeding revenue.
What is the organization's approach to executive compensation?
Jahbat Inc. reports 0% officer compensation across all seven available IRS 990 filings, indicating that no compensation is paid to its officers.
Filing History
IRS 990 filing history for Jahbat Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2018–2024), Jahbat Inc's revenue has grown by 159.4%, moving from $320K to $831K. Total assets decreased by 14.1% over the same period, from $40K to $35K. Total functional expenses rose by 172.9%, from $302K to $824K. In its most recent filing year (2024), Jahbat Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $49K in liabilities against $35K in assets (debt-to-asset ratio: 142.1%), resulting in net assets of $-14,604.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $831K | $824K | $35K | $49K | — | — |
| 2023 | $539K | $576K | $42K | $64K | — | View 990 |
| 2022 | $462K | $501K | $78K | $62K | — | View 990 |
| 2021 | $393K | $347K | $93K | $38K | — | — |
| 2020 | $317K | $320K | $59K | $50K | — | — |
| 2019 | $334K | $350K | $52K | $40K | — | — |
| 2018 | $320K | $302K | $40K | $13K | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $831K, expenses of $824K, and assets of $35K (revenue +54.2% year-over-year).
- 2023: Revenue of $539K, expenses of $576K, and assets of $42K (revenue +16.6% year-over-year).
- 2022: Revenue of $462K, expenses of $501K, and assets of $78K (revenue +17.6% year-over-year).
- 2021: Revenue of $393K, expenses of $347K, and assets of $93K (revenue +24.0% year-over-year).
- 2020: Revenue of $317K, expenses of $320K, and assets of $59K (revenue -5.3% year-over-year).
- 2019: Revenue of $334K, expenses of $350K, and assets of $52K (revenue +4.4% year-over-year).
- 2018: Revenue of $320K, expenses of $302K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jahbat Inc:
Data Sources and Methodology
This transparency report for Jahbat 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.