Janet Jones Group Home Inc
Janet Jones Group Home Inc. shows fluctuating financial health with recent asset decline and periods of deficit spending.
EIN: 201039585 · Punta Gorda, FL · NTEE: P73 · Updated: 2026-03-28
Is Janet Jones Group Home Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Janet Jones Group Home Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Janet Jones Group Home Inc
Janet Jones Group Home Inc (EIN: 201039585) is a nonprofit organization based in Punta Gorda, FL, classified under NTEE code P73. The organization reported total revenue of $1.0M and total assets of $271K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Janet Jones Group Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Janet Jones Group Home 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, Janet Jones Group Home 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly unusual for an organization with over $1 million in revenue and suggests a volunteer-led or very lean leadership structure.
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 Janet Jones Group Home Inc's IRS 990 filings:
- Consistent periods of expenses exceeding revenue (e.g., 2021, 2020, 2019, 2017, 2016, 2013)
- Significant decline in assets from $576,010 in 2019 to $271,048 currently
- Liabilities frequently exceeding assets (e.g., $501,628 liabilities vs. $439,858 assets in 2022)
- 0% officer compensation for an organization with over $1M in revenue, which could indicate under-reporting or an unsustainable volunteer-led model for its scale.
Strengths
The following positive indicators were identified for Janet Jones Group Home Inc:
- Long history of IRS 990 filings (12 filings), demonstrating transparency
- Consistent revenue generation, with latest revenue exceeding $1 million
- No reported officer compensation, indicating a commitment to minimizing executive overhead
Frequently Asked Questions about Janet Jones Group Home Inc
Is Janet Jones Group Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Janet Jones Group Home Inc (EIN: 201039585) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Janet Jones Group Home Inc spend its money?
Janet Jones Group Home Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Janet Jones Group Home Inc tax-deductible?
Janet Jones Group Home Inc is registered as a tax-exempt nonprofit (EIN: 201039585). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Janet Jones Group Home Inc. financially stable?
The organization's financial stability is questionable, given that assets have declined from $576,010 in 2019 to $271,048 currently, and liabilities have frequently exceeded assets in recent years, such as $501,628 in liabilities against $439,858 in assets in 2022.
How does the organization manage its expenses?
The organization has experienced periods where expenses exceeded revenue, for example, $815,560 in expenses against $694,652 in revenue in 2021. While officer compensation is consistently 0%, a detailed breakdown of other expenses is needed to fully assess management efficiency.
What is the trend in the organization's revenue?
Revenue has generally shown an upward trend over the long term, increasing from $581,800 in 2013 to $1,003,952 currently, though there have been fluctuations year-to-year.
Are there any concerns regarding the organization's liabilities?
Yes, liabilities have often been high, sometimes exceeding assets, such as $501,628 in liabilities compared to $439,858 in assets in 2022, which could indicate solvency risks.
Filing History
IRS 990 filing history for Janet Jones Group Home Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Janet Jones Group Home Inc's revenue has grown by 77.4%, moving from $541K to $959K. Total assets decreased by 2.4% over the same period, from $451K to $440K. Total functional expenses rose by 60%, from $546K to $874K. In its most recent filing year (2022), Janet Jones Group Home Inc reported a surplus of $85K, with revenue exceeding expenses. The organization holds $502K in liabilities against $440K in assets (debt-to-asset ratio: 114.0%), resulting in net assets of $-61,770.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $959K | $874K | $440K | $502K | — | View 990 |
| 2021 | $695K | $816K | $471K | $663K | — | View 990 |
| 2020 | $811K | $847K | $534K | $564K | — | View 990 |
| 2019 | $868K | $970K | $576K | $570K | — | View 990 |
| 2018 | $835K | $762K | $403K | $272K | — | View 990 |
| 2017 | $728K | $732K | $375K | $317K | — | View 990 |
| 2016 | $697K | $699K | $429K | $367K | — | View 990 |
| 2015 | $699K | $685K | $416K | $352K | — | View 990 |
| 2014 | $653K | $644K | $466K | $416K | — | View 990 |
| 2013 | $582K | $591K | $490K | $449K | — | View 990 |
| 2012 | $592K | $527K | $524K | $474K | — | View 990 |
| 2011 | $541K | $546K | $451K | $502K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $959K, expenses of $874K, and assets of $440K (revenue +38.0% year-over-year).
- 2021: Revenue of $695K, expenses of $816K, and assets of $471K (revenue -14.3% year-over-year).
- 2020: Revenue of $811K, expenses of $847K, and assets of $534K (revenue -6.6% year-over-year).
- 2019: Revenue of $868K, expenses of $970K, and assets of $576K (revenue +4.0% year-over-year).
- 2018: Revenue of $835K, expenses of $762K, and assets of $403K (revenue +14.7% year-over-year).
- 2017: Revenue of $728K, expenses of $732K, and assets of $375K (revenue +4.4% year-over-year).
- 2016: Revenue of $697K, expenses of $699K, and assets of $429K (revenue -0.3% year-over-year).
- 2015: Revenue of $699K, expenses of $685K, and assets of $416K (revenue +7.0% year-over-year).
- 2014: Revenue of $653K, expenses of $644K, and assets of $466K (revenue +12.3% year-over-year).
- 2013: Revenue of $582K, expenses of $591K, and assets of $490K (revenue -1.7% year-over-year).
- 2012: Revenue of $592K, expenses of $527K, and assets of $524K (revenue +9.5% year-over-year).
- 2011: Revenue of $541K, expenses of $546K, and assets of $451K.
Data Sources and Methodology
This transparency report for Janet Jones Group Home 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.