Jet Jewish Education Team Inc
Jet Jewish Education Team consistently operates with no reported officer compensation, maintaining stable finances with fluctuating revenues.
EIN: 203353454 · Chicago, IL · NTEE: X30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $476K |
| Total Expenses | $403K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400,000. |
| Net Assets | $279K |
| Transparency Score | 90/100 |
Is Jet Jewish Education Team Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jet Jewish Education Team Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jet Jewish Education Team Inc
Jet Jewish Education Team Inc (EIN: 203353454) is a nonprofit organization based in Chicago, IL, classified under NTEE code X30. The organization reported total revenue of $476K and total assets of $832K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jet Jewish Education Team Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jet Jewish Education Team Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $388K |
| Total Expenses | $403K |
| Surplus / Deficit | $-14,984 |
| Total Assets | $882K |
| Total Liabilities | $603K |
| Net Assets | $279K |
| Operating Margin | -3.9% |
| Debt-to-Asset Ratio | 68.4% |
| Months of Reserves | 26.2 months |
Financial Health Grade: C
In 2023, Jet Jewish Education Team Inc reported a deficit of $15K with expenses exceeding revenue, holds 26.2 months of operating reserves (strong position), has a debt-to-asset ratio of 68.4% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Jet Jewish Education Team Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.1% | -1.0% | -5.9% |
| 2022 | -14.6% | -13.6% | -5.7% |
| 2021 | +24.8% | +15.9% | +1.6% |
| 2020 | -14.2% | -9.7% | -2.6% |
| 2019 | +15.5% | +11.9% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7120 |
| IRS Ruling Date | 2007 |
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 Jet Jewish Education Team Inc with a Mission Score of 90 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, Jet Jewish Education Team 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 $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 68.4%.
Executive Compensation Analysis
Jet Jewish Education Team Inc consistently reports 0% officer compensation across all 14 available filings, indicating that no reportable compensation is paid to its officers, which is highly unusual for an organization of its size with revenues often exceeding $400,000.
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 Jet Jewish Education Team Inc's IRS 990 filings:
- Slightly negative net income in the most recent filing period (2023), with expenses exceeding revenue by $14,984.
- Declining asset base over the past few years, from over $1 million in 2015 to $881,587 in 2023.
Strengths
The following positive indicators were identified for Jet Jewish Education Team Inc:
- Consistent reporting of 0% officer compensation across all 14 filings, indicating strong financial stewardship and mission focus.
- Maintained a substantial asset base, with assets of $881,587 in 2023, providing financial stability.
- Consistent filing of IRS Form 990s for 14 periods, demonstrating strong transparency and accountability.
- Liabilities have decreased significantly from earlier periods (e.g., $1,078,537 in 2015) to $602,775 in 2023, improving financial health.
Frequently Asked Questions about Jet Jewish Education Team Inc
Is Jet Jewish Education Team Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jet Jewish Education Team Inc (EIN: 203353454) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Jet Jewish Education Team Inc spend its money?
Jet Jewish Education Team Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jet Jewish Education Team Inc tax-deductible?
Jet Jewish Education Team Inc is registered as a tax-exempt nonprofit (EIN: 203353454). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jet Jewish Education Team Inc CEO make?
Jet Jewish Education Team Inc's highest-compensated officer earns $400,000. annually. The organization reported $476K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Jet Jewish Education Team Inc's spending goes to programs?
Jet Jewish Education Team Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jet Jewish Education Team Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Jet Jewish Education Team Inc is above average for NTEE category X30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jet Jewish Education Team Inc located?
Jet Jewish Education Team Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 203353454. It is classified under NTEE code X30.
How many years of IRS 990 filings does Jet Jewish Education Team Inc have?
Jet Jewish Education Team Inc has 14 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 $476K in total revenue.
Is Jet Jewish Education Team Inc financially stable?
Yes, the organization appears financially stable. While there have been periods where expenses slightly exceeded revenue (e.g., $403,278 expenses vs. $388,294 revenue in 2023), its asset base has consistently been strong, with assets of $881,587 in 2023 and often over $900,000 in prior years. Liabilities have also decreased from highs in 2014-2015, improving its net asset position.
How does Jet Jewish Education Team Inc manage executive compensation?
Jet Jewish Education Team Inc manages executive compensation by reporting 0% officer compensation across all 14 available IRS 990 filings. This indicates that no reportable salaries or benefits are paid to its officers, suggesting a volunteer-led or very low-cost leadership structure.
What is the trend in the organization's revenue?
The organization's revenue has fluctuated over the years. It saw peaks of $842,084 in 2016 and $783,237 in 2015, but has generally been in the range of $388,294 to $511,580 in the most recent five years (2019-2023).
Are the organization's assets growing or shrinking?
The organization's assets have shown a slight decline in recent years, from a high of $1,043,592 in 2015 to $881,587 in 2023. However, they remain substantial and well above liabilities in the most recent filings.
Filing History
IRS 990 filing history for Jet Jewish Education Team Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Jet Jewish Education Team Inc's revenue has declined by 25.5%, moving from $521K to $388K. Total assets increased by 6022.1% over the same period, from $14K to $882K. Total functional expenses fell by 15.5%, from $477K to $403K. In its most recent filing year (2023), Jet Jewish Education Team Inc reported a deficit of $15K, with expenses exceeding revenue. The organization holds $603K in liabilities against $882K in assets (debt-to-asset ratio: 68.4%), resulting in net assets of $279K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $388K | $403K | $882K | $603K | — | — |
| 2022 | $437K | $408K | $936K | $604K | — | View 990 |
| 2021 | $512K | $472K | $993K | $693K | — | View 990 |
| 2020 | $410K | $407K | $977K | $710K | — | View 990 |
| 2019 | $478K | $451K | $1.0M | $739K | — | View 990 |
| 2018 | $414K | $403K | $1.0M | $769K | — | View 990 |
| 2017 | $575K | $508K | $995K | $768K | — | View 990 |
| 2016 | $842K | $648K | $977K | $818K | — | View 990 |
| 2015 | $783K | $776K | $1.0M | $1.1M | — | View 990 |
| 2014 | $730K | $769K | $986K | $1.0M | — | View 990 |
| 2013 | $686K | $664K | $60K | $63K | — | View 990 |
| 2012 | $677K | $678K | $15K | $39K | — | View 990 |
| 2011 | $591K | $588K | $48K | $71K | — | View 990 |
| 2010 | $521K | $477K | $14K | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $388K, expenses of $403K, and assets of $882K (revenue -11.1% year-over-year).
- 2022: Revenue of $437K, expenses of $408K, and assets of $936K (revenue -14.6% year-over-year).
- 2021: Revenue of $512K, expenses of $472K, and assets of $993K (revenue +24.8% year-over-year).
- 2020: Revenue of $410K, expenses of $407K, and assets of $977K (revenue -14.2% year-over-year).
- 2019: Revenue of $478K, expenses of $451K, and assets of $1.0M (revenue +15.5% year-over-year).
- 2018: Revenue of $414K, expenses of $403K, and assets of $1.0M (revenue -28.0% year-over-year).
- 2017: Revenue of $575K, expenses of $508K, and assets of $995K (revenue -31.8% year-over-year).
- 2016: Revenue of $842K, expenses of $648K, and assets of $977K (revenue +7.5% year-over-year).
- 2015: Revenue of $783K, expenses of $776K, and assets of $1.0M (revenue +7.3% year-over-year).
- 2014: Revenue of $730K, expenses of $769K, and assets of $986K (revenue +6.3% year-over-year).
- 2013: Revenue of $686K, expenses of $664K, and assets of $60K (revenue +1.4% year-over-year).
- 2012: Revenue of $677K, expenses of $678K, and assets of $15K (revenue +14.6% year-over-year).
- 2011: Revenue of $591K, expenses of $588K, and assets of $48K (revenue +13.4% year-over-year).
- 2010: Revenue of $521K, expenses of $477K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jet Jewish Education Team Inc:
Data Sources and Methodology
This transparency report for Jet Jewish Education Team 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.