Jain Society Of Central Virginia
EIN: 472128520 · Glen Allen, VA · NTEE: X70
| Metric | Value |
|---|---|
| Total Revenue | $298K |
| Total Expenses | $332K |
| Net Assets | $4.2M |
Is Jain Society Of Central Virginia Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jain Society Of Central Virginia
Jain Society Of Central Virginia (EIN: 472128520) is a nonprofit organization based in Glen Allen, VA, classified under NTEE code X70. The organization reported total revenue of $298K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jain Society Of Central Virginia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jain Society Of Central Virginia is a small nonprofit that has been operating for 11 years, with 10 years of IRS 990 filings on record (2014–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $297K |
| Total Expenses | $332K |
| Surplus / Deficit | $-34,850 |
| Total Assets | $4.2M |
| Total Liabilities | $3K |
| Net Assets | $4.2M |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 153.3 months |
Financial Health Grade: B
In 2023, Jain Society Of Central Virginia reported a deficit of $35K with expenses exceeding revenue, holds 153.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.3% | +53.1% | -0.8% |
| 2022 | +71.0% | +32.3% | -0.5% |
| 2021 | -55.0% | +2.9% | -1.1% |
| 2020 | -85.3% | -35.4% | +2.1% |
| 2019 | +345.3% | +1997.8% | +45.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jain Society Of Central Virginia 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 Jain Society Of Central Virginia 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 $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Jain Society Of Central Virginia
Is Jain Society Of Central Virginia a legitimate charity?
Jain Society Of Central Virginia (EIN: 472128520) is a registered tax-exempt nonprofit based in Virginia. It has 10 years of IRS 990 filings on record. Total revenue: $298K. No red flags identified. Financial health grade: B.
How does Jain Society Of Central Virginia spend its money?
Jain Society Of Central Virginia reported $298K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jain Society Of Central Virginia tax-deductible?
Jain Society Of Central Virginia is registered as a tax-exempt nonprofit (EIN: 472128520). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jain Society Of Central Virginia located?
Jain Society Of Central Virginia is headquartered in Glen Allen, Virginia and files with the IRS under EIN 472128520. It is classified under NTEE code X70.
How many years of IRS 990 filings does Jain Society Of Central Virginia have?
Jain Society Of Central Virginia has 10 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 $298K in total revenue.
Filing History
IRS 990 filing history for Jain Society Of Central Virginia showing financial trends over 10 years of public records:
Total assets increased by 424151700% over the same period, from $1 to $4.2M. In its most recent filing year (2023), Jain Society Of Central Virginia reported a deficit of $35K, with expenses exceeding revenue. The organization holds $3K in liabilities against $4.2M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $297K | $332K | $4.2M | $3K | — | — |
| 2022 | $199K | $217K | $4.3M | $1K | — | View 990 |
| 2021 | $116K | $164K | $4.3M | $5K | — | View 990 |
| 2020 | $258K | $159K | $4.3M | $4K | — | View 990 |
| 2019 | $1.8M | $247K | $4.3M | $14K | — | View 990 |
| 2018 | $395K | $12K | $2.9M | $200K | — | View 990 |
| 2017 | $711K | $20K | $2.3M | $0 | — | View 990 |
| 2016 | $860K | $30K | $1.7M | $0 | — | View 990 |
| 2015 | $837K | $10K | $827K | $0 | — | View 990 |
| 2014 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $297K, expenses of $332K, and assets of $4.2M (revenue +49.3% year-over-year).
- 2022: Revenue of $199K, expenses of $217K, and assets of $4.3M (revenue +71.0% year-over-year).
- 2021: Revenue of $116K, expenses of $164K, and assets of $4.3M (revenue -55.0% year-over-year).
- 2020: Revenue of $258K, expenses of $159K, and assets of $4.3M (revenue -85.3% year-over-year).
- 2019: Revenue of $1.8M, expenses of $247K, and assets of $4.3M (revenue +345.3% year-over-year).
- 2018: Revenue of $395K, expenses of $12K, and assets of $2.9M (revenue -44.5% year-over-year).
- 2017: Revenue of $711K, expenses of $20K, and assets of $2.3M (revenue -17.3% year-over-year).
- 2016: Revenue of $860K, expenses of $30K, and assets of $1.7M (revenue +2.8% year-over-year).
- 2015: Revenue of $837K, expenses of $10K, and assets of $827K.
- 2014: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jain Society Of Central Virginia:
Data Sources and Methodology
This transparency report for Jain Society Of Central Virginia 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.