Jericho Partnership Inc
Jericho Partnership Inc. shows consistent program focus but faces recurring operational deficits.
EIN: 10837128 · Danbury, CT · NTEE: S50 · Updated: 2026-03-27
Is Jericho Partnership Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jericho Partnership Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jericho Partnership Inc
Jericho Partnership Inc (EIN: 10837128) is a nonprofit organization based in Danbury, CT, classified under NTEE code S50. The organization reported total revenue of $1.5M and total assets of $903K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jericho Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jericho Partnership Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-45,362 |
| Total Assets | $937K |
| Total Liabilities | $44K |
| Net Assets | $892K |
| Operating Margin | -3.1% |
| Debt-to-Asset Ratio | 4.7% |
| Months of Reserves | 7.5 months |
Financial Health Grade: B
In 2023, Jericho Partnership Inc reported a deficit of $45K with expenses exceeding revenue, holds 7.5 months of operating reserves (strong position), has a debt-to-asset ratio of 4.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jericho Partnership Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.7% | +7.6% | -11.3% |
| 2022 | -7.8% | -1.9% | -6.1% |
| 2021 | -40.5% | -15.2% | -5.4% |
| 2020 | -15.7% | -37.3% | +104.7% |
| 2019 | +19.3% | -4.9% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Jericho Partnership Inc with a Mission Score of 80 out of 100 (Excellent). 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, Jericho Partnership 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 deficit of $45K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with annual revenues exceeding $1 million, suggesting either a fully volunteer executive team or compensation structured in a way that is not reported as officer compensation on the 990.
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 Jericho Partnership Inc's IRS 990 filings:
- Consistent trend of expenses exceeding revenue in recent fiscal periods (e.g., 202308, 202208, 202108).
- Unusually low or 0% reported officer compensation for an organization with over $1 million in annual revenue, which may warrant further inquiry into executive compensation structures.
Strengths
The following positive indicators were identified for Jericho Partnership Inc:
- Strong asset base relative to liabilities, indicating good financial solvency.
- Consistent history of IRS 990 filings, demonstrating transparency.
- Implied strong program focus given the 0% officer compensation and the nature of a nonprofit organization.
Frequently Asked Questions about Jericho Partnership Inc
Is Jericho Partnership Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jericho Partnership Inc (EIN: 10837128) some concerns. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
How does Jericho Partnership Inc spend its money?
Jericho Partnership Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jericho Partnership Inc tax-deductible?
Jericho Partnership Inc is registered as a tax-exempt nonprofit (EIN: 10837128). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Jericho Partnership Inc. financially stable?
Yes, the organization appears financially stable with assets of $936,690 significantly exceeding liabilities of $44,398 in 202308. However, a trend of expenses exceeding revenue in recent years (e.g., $1,504,734 expenses vs. $1,459,372 revenue in 202308) suggests a need for careful financial management to maintain this stability long-term.
How does Jericho Partnership Inc. spend its money?
Based on typical nonprofit spending patterns for organizations with strong program focus and the reported 0% officer compensation, a significant majority of funds (estimated 85%) are directed towards program services, with smaller portions for administrative (10%) and fundraising (5%) costs.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings is notable. This could indicate that the organization's leadership is entirely volunteer-based, or that compensation for key personnel is categorized differently within the IRS 990, such as through independent contractor fees or other salary lines not specifically designated as 'officer compensation'.
Filing History
IRS 990 filing history for Jericho Partnership Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jericho Partnership Inc's revenue has declined by 60.4%, moving from $3.7M to $1.5M. Total assets increased by 1.7% over the same period, from $921K to $937K. Total functional expenses fell by 57.9%, from $3.6M to $1.5M. In its most recent filing year (2023), Jericho Partnership Inc reported a deficit of $45K, with expenses exceeding revenue. The organization holds $44K in liabilities against $937K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $892K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $937K | $44K | — | — |
| 2022 | $1.3M | $1.4M | $1.1M | $118K | — | View 990 |
| 2021 | $1.4M | $1.4M | $1.1M | $39K | — | View 990 |
| 2020 | $2.3M | $1.7M | $1.2M | $35K | — | — |
| 2019 | $2.7M | $2.7M | $581K | $26K | — | View 990 |
| 2018 | $2.3M | $2.8M | $565K | $37K | — | View 990 |
| 2017 | $3.3M | $3.0M | $1.1M | $46K | — | View 990 |
| 2016 | $3.0M | $3.1M | $855K | $63K | — | View 990 |
| 2015 | $3.4M | $3.4M | $904K | $33K | — | View 990 |
| 2014 | $3.5M | $3.5M | $889K | $35K | — | View 990 |
| 2013 | $3.5M | $3.4M | $907K | $51K | — | View 990 |
| 2012 | $3.8M | $3.9M | $902K | $136K | — | View 990 |
| 2011 | $3.7M | $3.6M | $921K | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $937K (revenue +16.7% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $1.1M (revenue -7.8% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.4M, and assets of $1.1M (revenue -40.5% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.7M, and assets of $1.2M (revenue -15.7% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.7M, and assets of $581K (revenue +19.3% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.8M, and assets of $565K (revenue -30.9% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.0M, and assets of $1.1M (revenue +8.6% year-over-year).
- 2016: Revenue of $3.0M, expenses of $3.1M, and assets of $855K (revenue -11.3% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.4M, and assets of $904K (revenue -2.7% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.5M, and assets of $889K (revenue +0.3% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.4M, and assets of $907K (revenue -8.1% year-over-year).
- 2012: Revenue of $3.8M, expenses of $3.9M, and assets of $902K (revenue +3.0% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.6M, and assets of $921K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jericho Partnership Inc:
Data Sources and Methodology
This transparency report for Jericho Partnership 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.