Jain Meditation International Center Inc
Jain Meditation International Center Inc operates with fluctuating minimal revenue and no officer compensation.
EIN: 132838965 · Tulsa, OK · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4K |
| Total Expenses | $2K |
| Program Spending | 80% |
| Net Assets | $80K |
| Transparency Score | 65/100 |
Is Jain Meditation International Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jain Meditation International Center Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jain Meditation International Center Inc
Jain Meditation International Center Inc (EIN: 132838965) is a nonprofit organization based in Tulsa, OK. The organization reported total revenue of $4K and total assets of $85K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jain Meditation International Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jain Meditation International Center Inc is a micro nonprofit that has been operating for 51 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -24.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $2K |
| Surplus / Deficit | $-806 |
| Total Assets | $80K |
| Net Assets | $80K |
| Operating Margin | -59.6% |
| Months of Reserves | 442.0 months |
Financial Health Grade: B
In 2023, Jain Meditation International Center Inc reported a deficit of $806 with expenses exceeding revenue, holds 442.0 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Jain Meditation International Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -24.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -83.4% | -87.6% | +8.0% |
| 2022 | +209.7% | +847.0% | -22.2% |
| 2021 | -3.2% | -33.1% | +14.5% |
| 2020 | -20.1% | +13650.0% | +1.4% |
| 2019 | -32.7% | — | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 1975 |
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 Jain Meditation International Center Inc with a Mission Score of 65 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, Jain Meditation International Center 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $806, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly favorable for donor funds being directed towards the mission.
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 Jain Meditation International Center Inc's IRS 990 filings:
- Unknown NTEE Code: Hinders understanding of mission and peer comparison.
- Highly Fluctuating Expenses: Expenses varied from $0 to $35,436, indicating inconsistent operations or reporting.
- Significant Deficit Spending in Some Years: For example, in 2014, expenses ($35,436) far exceeded revenue ($3,593).
Strengths
The following positive indicators were identified for Jain Meditation International Center Inc:
- No Officer Compensation: 0% officer compensation across all filings, ensuring funds are not used for executive salaries.
- Consistent Filing History: 14 IRS 990 filings demonstrate a commitment to regulatory compliance.
- Zero Liabilities: Consistently reports $0 in liabilities, indicating no debt burden.
Frequently Asked Questions about Jain Meditation International Center Inc
Is Jain Meditation International Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jain Meditation International Center Inc (EIN: 132838965) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Jain Meditation International Center Inc spend its money?
Jain Meditation International Center Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jain Meditation International Center Inc tax-deductible?
Jain Meditation International Center Inc is registered as a tax-exempt nonprofit (EIN: 132838965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jain Meditation International Center Inc's spending goes to programs?
Jain Meditation International Center Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Jain Meditation International Center Inc located?
Jain Meditation International Center Inc is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 132838965.
How many years of IRS 990 filings does Jain Meditation International Center Inc have?
Jain Meditation International Center Inc has 14 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 $4K in total revenue.
What are the specific program activities of Jain Meditation International Center Inc?
The provided data does not specify the exact program activities, and the NTEE code is unknown, making it difficult to understand their core mission delivery.
Why were expenses reported as $0 in 2018 and only $20 in 2019?
Such low or zero reported expenses are unusual for an active organization and could indicate minimal operational activity or incomplete financial reporting for those periods.
How does the organization manage significant expense fluctuations, such as $35,436 in 2014 versus $2,159 in 2023?
The data shows wide variations in annual expenses, suggesting inconsistent operational spending or specific project-based expenditures in certain years, which is not detailed in the summary.
Filing History
IRS 990 filing history for Jain Meditation International Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Jain Meditation International Center Inc's revenue has declined by 97.5%, moving from $55K to $1K. Total assets decreased by 27.2% over the same period, from $109K to $80K. Total functional expenses fell by 93.1%, from $31K to $2K. In its most recent filing year (2023), Jain Meditation International Center Inc reported a deficit of $806, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1K | $2K | $80K | $0 | — | — |
| 2022 | $8K | $17K | $74K | $0 | — | — |
| 2021 | $3K | $2K | $95K | $0 | — | — |
| 2020 | $3K | $3K | $83K | $0 | — | — |
| 2019 | $3K | $20 | $82K | $0 | — | View 990 |
| 2018 | $5K | $0 | $73K | $0 | — | View 990 |
| 2017 | $4K | $2K | $77K | $0 | — | View 990 |
| 2016 | $1K | $6K | $73K | $0 | — | View 990 |
| 2015 | $3K | $4K | $75K | $0 | — | View 990 |
| 2014 | $4K | $35K | $79K | $0 | — | View 990 |
| 2013 | $4K | $16K | $111K | $0 | — | View 990 |
| 2012 | $21K | $30K | $115K | $0 | — | View 990 |
| 2011 | $48K | $36K | $120K | $0 | — | View 990 |
| 2010 | $55K | $31K | $109K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1K, expenses of $2K, and assets of $80K (revenue -83.4% year-over-year).
- 2022: Revenue of $8K, expenses of $17K, and assets of $74K (revenue +209.7% year-over-year).
- 2021: Revenue of $3K, expenses of $2K, and assets of $95K (revenue -3.2% year-over-year).
- 2020: Revenue of $3K, expenses of $3K, and assets of $83K (revenue -20.1% year-over-year).
- 2019: Revenue of $3K, expenses of $20, and assets of $82K (revenue -32.7% year-over-year).
- 2018: Revenue of $5K, expenses of $0, and assets of $73K (revenue +39.3% year-over-year).
- 2017: Revenue of $4K, expenses of $2K, and assets of $77K (revenue +193.5% year-over-year).
- 2016: Revenue of $1K, expenses of $6K, and assets of $73K (revenue -52.1% year-over-year).
- 2015: Revenue of $3K, expenses of $4K, and assets of $75K (revenue -27.9% year-over-year).
- 2014: Revenue of $4K, expenses of $35K, and assets of $79K (revenue -19.2% year-over-year).
- 2013: Revenue of $4K, expenses of $16K, and assets of $111K (revenue -78.8% year-over-year).
- 2012: Revenue of $21K, expenses of $30K, and assets of $115K (revenue -55.9% year-over-year).
- 2011: Revenue of $48K, expenses of $36K, and assets of $120K (revenue -13.1% year-over-year).
- 2010: Revenue of $55K, expenses of $31K, and assets of $109K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jain Meditation International Center Inc:
Data Sources and Methodology
This transparency report for Jain Meditation International 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.