Jefferson Avenue School Associates Inc
Jefferson Avenue School Associates Inc: Stable Finances, Consistent Mission
EIN: 222534430 · Springfield, MA · NTEE: L22Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $870K |
| Total Expenses | $789K |
| Program Spending | 85% |
| Net Assets | $-730,315 |
| Transparency Score | 75/100 |
Is Jefferson Avenue School Associates Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jefferson Avenue School Associates Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jefferson Avenue School Associates Inc
Jefferson Avenue School Associates Inc (EIN: 222534430) is a nonprofit organization based in Springfield, MA, classified under NTEE code L22Z. The organization reported total revenue of $870K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jefferson Avenue School Associates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jefferson Avenue School Associates Inc is a small nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $832K |
| Total Expenses | $789K |
| Surplus / Deficit | +$43K |
| Total Assets | $2.4M |
| Total Liabilities | $3.1M |
| Net Assets | $-730,315 |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 130.3% |
| Months of Reserves | 36.6 months |
Financial Health Grade: A
In 2023, Jefferson Avenue School Associates Inc reported a surplus of $43K with revenue exceeding expenses, holds 36.6 months of operating reserves (strong position), has a debt-to-asset ratio of 130.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jefferson Avenue School Associates Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.2% | +0.1% | -1.7% |
| 2022 | +0.6% | +7.4% | -7.6% |
| 2021 | +2.2% | +2.7% | +3.9% |
| 2020 | +3.4% | -1.4% | +3.3% |
| 2019 | +1.4% | -5.6% | +-0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Jefferson Avenue School Associates Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Jefferson Avenue School Associates Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 130.3%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are available in the provided data.
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.
Strengths
The following positive indicators were identified for Jefferson Avenue School Associates Inc:
- Consistent revenue generation over the past seven years, averaging around $800,000 annually.
- Stable asset base, consistently around $2.4-$2.6 million, indicating sound financial management.
- Low liability-to-asset ratio, suggesting good financial health and limited debt burden.
Frequently Asked Questions about Jefferson Avenue School Associates Inc
Is Jefferson Avenue School Associates Inc a legitimate charity?
Jefferson Avenue School Associates Inc (EIN: 222534430) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $870K. No red flags identified. 3 strengths noted. Financial health grade: A.
How does Jefferson Avenue School Associates Inc spend its money?
Jefferson Avenue School Associates Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jefferson Avenue School Associates Inc tax-deductible?
Jefferson Avenue School Associates Inc is registered as a tax-exempt nonprofit (EIN: 222534430). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jefferson Avenue School Associates Inc's spending goes to programs?
Jefferson Avenue School Associates Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jefferson Avenue School Associates Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Jefferson Avenue School Associates Inc is above average for NTEE category L22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jefferson Avenue School Associates Inc located?
Jefferson Avenue School Associates Inc is headquartered in Springfield, Massachusetts and files with the IRS under EIN 222534430. It is classified under NTEE code L22Z.
How many years of IRS 990 filings does Jefferson Avenue School Associates Inc have?
Jefferson Avenue School Associates Inc 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 $870K in total revenue.
What does Jefferson Avenue School Associates Inc do?
Jefferson Avenue School Associates Inc is a nonprofit organization in the Housing & Shelter sector, located in Springfield, Massachusetts. It is classified under NTEE code L22Z.
How much revenue does Jefferson Avenue School Associates Inc have?
Jefferson Avenue School Associates Inc reported total revenue of $870,109. Based on 13 IRS 990 filings on record.
What are Jefferson Avenue School Associates Inc's total assets?
Jefferson Avenue School Associates Inc holds total assets of $2,399,998 as reported in IRS 990 filings.
Where is Jefferson Avenue School Associates Inc located?
Jefferson Avenue School Associates Inc is based in Springfield, Massachusetts.
What is Jefferson Avenue School Associates Inc's EIN?
Jefferson Avenue School Associates Inc's Employer Identification Number (EIN) is 222534430. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Jefferson Avenue School Associates Inc?
Jefferson Avenue School Associates Inc is classified under NTEE code L22Z (Housing & Shelter).
Is Jefferson Avenue School Associates Inc a registered 501(c)(3)?
Yes, Jefferson Avenue School Associates Inc is recognized as a tax-exempt organization by the IRS. EIN: 222534430.
Does Jefferson Avenue School Associates Inc file IRS Form 990?
Yes, Jefferson Avenue School Associates Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Jefferson Avenue School Associates Inc's revenue in 2023?
In the 202312 filing period, Jefferson Avenue School Associates Inc reported total revenue of $832,261, total expenses of $788,882, and net assets of $2,407,240.
Is Jefferson Avenue School Associates Inc's revenue growing or declining?
Jefferson Avenue School Associates Inc's revenue is relatively stable. Revenue went from $833,956 (202212) to $832,261 (202312), a -0.2% change. Based on 13 filings on record.
What is Jefferson Avenue School Associates Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Jefferson Avenue School Associates Inc covers tax period 202312. It shows revenue of $832,261, expenses of $788,882, total assets of $2,407,240, and liabilities of $3,137,555.
How much does Jefferson Avenue School Associates Inc spend on programs vs administration?
Based on IRS 990 analysis, Jefferson Avenue School Associates Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Jefferson Avenue School Associates Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Jefferson Avenue School Associates Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Jefferson Avenue School Associates Inc's strengths?
Positive indicators for Jefferson Avenue School Associates Inc include: Consistent revenue generation over the past seven years, averaging around $800,000 annually.. Stable asset base, consistently around $2.4-$2.6 million, indicating sound financial management.. Low liability-to-asset ratio, suggesting good financial health and limited debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Jefferson Avenue School Associates Inc compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are available in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is the trend in the organization's net assets over the past few years?
The organization's net assets (assets minus liabilities) have shown a slight decline from $2,615,993 - $3,701,767 = -$1,085,774 in 2016 to $2,399,998 - $3,137,555 = -$737,557 in 2023, indicating a gradual decrease in its financial cushion.
Filing History
IRS 990 filing history for Jefferson Avenue School Associates Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jefferson Avenue School Associates Inc's revenue has grown by 21.8%, moving from $683K to $832K. Total assets increased by 110.5% over the same period, from $1.1M to $2.4M. Total functional expenses rose by 12.3%, from $703K to $789K. In its most recent filing year (2023), Jefferson Avenue School Associates Inc reported a surplus of $43K, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $2.4M in assets (debt-to-asset ratio: 130.3%), resulting in net assets of $-730,315.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $832K | $789K | $2.4M | $3.1M | — | View 990 |
| 2022 | $834K | $788K | $2.4M | $3.2M | — | View 990 |
| 2021 | $829K | $734K | $2.6M | $3.5M | — | View 990 |
| 2020 | $811K | $715K | $2.5M | $3.5M | — | View 990 |
| 2019 | $784K | $725K | $2.5M | $3.5M | — | View 990 |
| 2018 | $773K | $768K | $2.5M | $3.5M | — | View 990 |
| 2017 | $763K | $752K | $2.6M | $3.6M | — | View 990 |
| 2016 | $744K | $740K | $2.6M | $3.7M | — | View 990 |
| 2015 | $746K | $721K | $2.8M | $3.9M | — | View 990 |
| 2014 | $701K | $693K | $2.8M | $3.9M | — | View 990 |
| 2013 | $698K | $666K | $2.9M | $4.0M | — | View 990 |
| 2012 | $742K | $719K | $2.9M | $4.0M | — | View 990 |
| 2011 | $683K | $703K | $1.1M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $832K, expenses of $789K, and assets of $2.4M (revenue -0.2% year-over-year).
- 2022: Revenue of $834K, expenses of $788K, and assets of $2.4M (revenue +0.6% year-over-year).
- 2021: Revenue of $829K, expenses of $734K, and assets of $2.6M (revenue +2.2% year-over-year).
- 2020: Revenue of $811K, expenses of $715K, and assets of $2.5M (revenue +3.4% year-over-year).
- 2019: Revenue of $784K, expenses of $725K, and assets of $2.5M (revenue +1.4% year-over-year).
- 2018: Revenue of $773K, expenses of $768K, and assets of $2.5M (revenue +1.3% year-over-year).
- 2017: Revenue of $763K, expenses of $752K, and assets of $2.6M (revenue +2.5% year-over-year).
- 2016: Revenue of $744K, expenses of $740K, and assets of $2.6M (revenue -0.3% year-over-year).
- 2015: Revenue of $746K, expenses of $721K, and assets of $2.8M (revenue +6.4% year-over-year).
- 2014: Revenue of $701K, expenses of $693K, and assets of $2.8M (revenue +0.4% year-over-year).
- 2013: Revenue of $698K, expenses of $666K, and assets of $2.9M (revenue -5.9% year-over-year).
- 2012: Revenue of $742K, expenses of $719K, and assets of $2.9M (revenue +8.6% year-over-year).
- 2011: Revenue of $683K, expenses of $703K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jefferson Avenue School Associates Inc:
Data Sources and Methodology
This transparency report for Jefferson Avenue School Associates 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.