Jdc Corporation
Jdc Corporation consistently operates at a deficit, drawing down assets over the past decade.
EIN: 200587788 · Providence, RI · NTEE: L99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $84K |
| Program Spending | 70% |
| Net Assets | $297K |
| Transparency Score | 55/100 |
Is Jdc Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jdc Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Jdc Corporation
Jdc Corporation (EIN: 200587788) is a nonprofit organization based in Providence, RI, classified under NTEE code L99. The organization reported total revenue of $74K and total assets of $348K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jdc Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jdc Corporation is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $84K |
| Surplus / Deficit | $-19,070 |
| Total Assets | $357K |
| Total Liabilities | $59K |
| Net Assets | $297K |
| Operating Margin | -29.5% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 51.1 months |
Financial Health Grade: B
In 2024, Jdc Corporation reported a deficit of $19K with expenses exceeding revenue, holds 51.1 months of operating reserves (strong position), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Jdc Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.7% | -3.9% | -4.7% |
| 2023 | +13.5% | +0.4% | -10.0% |
| 2022 | +9.8% | +6.0% | +0.6% |
| 2021 | +0.0% | +22.3% | +0.6% |
| 2020 | +2.5% | +1.6% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Jdc Corporation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Jdc Corporation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, indicating that officers are not receiving salaries, which is a positive for resource allocation given the organization's small size and operational deficits.
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 Jdc Corporation's IRS 990 filings:
- Consistent operational deficits for over a decade (e.g., $19,070 deficit in 202406).
- Steady decline in total assets over time (from $500,850 in 201506 to $356,734 in 202406).
Strengths
The following positive indicators were identified for Jdc Corporation:
- No reported officer compensation, indicating volunteer leadership or external funding for executive roles.
- Manageable liabilities relative to assets (e.g., $59,343 liabilities vs. $356,734 assets in 202406).
Frequently Asked Questions about Jdc Corporation
Is Jdc Corporation a legitimate charity?
Jdc Corporation (EIN: 200587788) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 55/100. It has 13 years of IRS 990 filings on record. Total revenue: $74K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Jdc Corporation spend its money?
Jdc Corporation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Jdc Corporation tax-deductible?
Jdc Corporation is registered as a tax-exempt nonprofit (EIN: 200587788). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jdc Corporation's spending goes to programs?
Jdc Corporation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Jdc Corporation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Jdc Corporation is near average for NTEE category L99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jdc Corporation located?
Jdc Corporation is headquartered in Providence, Rhode Island and files with the IRS under EIN 200587788. It is classified under NTEE code L99.
How many years of IRS 990 filings does Jdc Corporation have?
Jdc Corporation has 13 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 $74K in total revenue.
Is Jdc Corporation financially sustainable?
The organization has consistently spent more than its revenue for over a decade, leading to a steady decline in assets from $500,850 in 201506 to $356,734 in 202406. This trend raises concerns about long-term financial sustainability without significant changes to its financial model.
How does Jdc Corporation cover its operational deficits?
The consistent operational deficits, such as the $19,070 deficit in 202406, suggest the organization is likely covering these shortfalls by drawing down its existing assets, as evidenced by the declining asset base over time.
What is the trend in Jdc Corporation's revenue?
Revenue has shown some fluctuation but generally remains in a similar range, with the latest reported revenue of $64,626 in 202406, which is an increase from $35,268 in 201506, but still insufficient to cover expenses.
Are there any red flags regarding executive compensation?
No, executive compensation is consistently reported as 0% across all available filings, indicating that officers are not receiving salaries from the organization.
Filing History
IRS 990 filing history for Jdc Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Jdc Corporation's revenue has grown by 56.8%, moving from $41K to $65K. Total assets decreased by 36.2% over the same period, from $559K to $357K. Total functional expenses rose by 52.2%, from $55K to $84K. In its most recent filing year (2024), Jdc Corporation reported a deficit of $19K, with expenses exceeding revenue. The organization holds $59K in liabilities against $357K in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $297K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $65K | $84K | $357K | $59K | — | — |
| 2023 | $65K | $87K | $374K | $58K | — | — |
| 2022 | $57K | $87K | $416K | $77K | — | — |
| 2021 | $52K | $82K | $413K | $45K | — | View 990 |
| 2020 | $52K | $67K | $411K | $13K | — | View 990 |
| 2019 | $51K | $66K | $436K | $24K | — | View 990 |
| 2018 | $49K | $64K | $444K | $17K | — | View 990 |
| 2017 | $49K | $66K | $467K | $25K | — | View 990 |
| 2016 | $46K | $68K | $489K | $30K | — | View 990 |
| 2015 | $35K | $62K | $501K | $20K | — | View 990 |
| 2014 | $40K | $65K | $520K | $13K | — | View 990 |
| 2013 | $38K | $57K | $540K | $8K | — | View 990 |
| 2012 | $41K | $55K | $559K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $65K, expenses of $84K, and assets of $357K (revenue -0.7% year-over-year).
- 2023: Revenue of $65K, expenses of $87K, and assets of $374K (revenue +13.5% year-over-year).
- 2022: Revenue of $57K, expenses of $87K, and assets of $416K (revenue +9.8% year-over-year).
- 2021: Revenue of $52K, expenses of $82K, and assets of $413K (revenue +0.0% year-over-year).
- 2020: Revenue of $52K, expenses of $67K, and assets of $411K (revenue +2.5% year-over-year).
- 2019: Revenue of $51K, expenses of $66K, and assets of $436K (revenue +3.6% year-over-year).
- 2018: Revenue of $49K, expenses of $64K, and assets of $444K (revenue +0.0% year-over-year).
- 2017: Revenue of $49K, expenses of $66K, and assets of $467K (revenue +6.2% year-over-year).
- 2016: Revenue of $46K, expenses of $68K, and assets of $489K (revenue +31.3% year-over-year).
- 2015: Revenue of $35K, expenses of $62K, and assets of $501K (revenue -11.7% year-over-year).
- 2014: Revenue of $40K, expenses of $65K, and assets of $520K (revenue +4.0% year-over-year).
- 2013: Revenue of $38K, expenses of $57K, and assets of $540K (revenue -6.8% year-over-year).
- 2012: Revenue of $41K, expenses of $55K, and assets of $559K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jdc Corporation:
Data Sources and Methodology
This transparency report for Jdc Corporation 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.