Jewish Community Endowment Associates
Jewish Community Endowment Associates maintains stable assets with volatile revenue and no reported officer compensation.
EIN: 16020765 · Bangor, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $270K |
| Total Expenses | $70K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Jewish Community Endowment Associates Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jewish Community Endowment Associates directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jewish Community Endowment Associates
Jewish Community Endowment Associates (EIN: 16020765) is a nonprofit organization based in Bangor, ME. The organization reported total revenue of $270K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jewish Community Endowment Associates's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jewish Community Endowment Associates is a small nonprofit that has been operating for 59 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $70K |
| Surplus / Deficit | $-15,067 |
| Total Assets | $1.0M |
| Total Liabilities | $1 |
| Net Assets | $1.0M |
| Operating Margin | -27.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 174.8 months |
Financial Health Grade: B
In 2023, Jewish Community Endowment Associates reported a deficit of $15K with expenses exceeding revenue, holds 174.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Jewish Community Endowment Associates's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -102.8% | +21.8% | -7.8% |
| 2021 | +28.4% | +10.5% | +5.4% |
| 2020 | +15.9% | -20.3% | +3.0% |
| 2019 | +48.6% | +36.7% | -1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Jewish Community Endowment Associates with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Jewish Community Endowment Associates 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.
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: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely volunteer-led or has no paid officers, which is highly efficient for an organization of its size with over $1 million in assets.
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 Jewish Community Endowment Associates's IRS 990 filings:
- Highly volatile revenue stream, making financial planning potentially challenging (e.g., $-3,178 in 2022 vs. $464,533 in 2014).
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess program vs. administrative spending efficiency.
Strengths
The following positive indicators were identified for Jewish Community Endowment Associates:
- Consistent asset base over $1 million, indicating financial stability.
- 0% officer compensation reported across all filings, demonstrating highly efficient administrative costs.
- Low overall expenses (typically under $80,000 annually) for an organization managing over $1 million in assets.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Jewish Community Endowment Associates
Is Jewish Community Endowment Associates a legitimate charity?
Jewish Community Endowment Associates (EIN: 16020765) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $270K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Jewish Community Endowment Associates spend its money?
Jewish Community Endowment Associates directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jewish Community Endowment Associates tax-deductible?
Jewish Community Endowment Associates is registered as a tax-exempt nonprofit (EIN: 16020765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jewish Community Endowment Associates CEO make?
Jewish Community Endowment Associates's highest-compensated officer earns $1 annually. The organization reported $270K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Jewish Community Endowment Associates's spending goes to programs?
Jewish Community Endowment Associates directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Jewish Community Endowment Associates located?
Jewish Community Endowment Associates is headquartered in Bangor, Maine and files with the IRS under EIN 16020765.
How many years of IRS 990 filings does Jewish Community Endowment Associates have?
Jewish Community Endowment Associates has 10 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 $270K in total revenue.
What are the specific programs or grants supported by Jewish Community Endowment Associates?
The provided data does not detail the specific programs or grants funded by the endowment. Further investigation into their public disclosures or website would be needed to understand their programmatic impact.
Why was there negative revenue in 2022?
The negative revenue of $-3,178 in 2022 likely indicates investment losses or significant returns/adjustments that exceeded any income for that period, which is not uncommon for endowment funds heavily reliant on market performance.
How does the organization manage its investments to ensure long-term growth?
The provided IRS 990 data does not offer details on investment strategies. However, the consistent asset base above $1 million suggests a generally stable investment approach, despite revenue fluctuations.
Filing History
IRS 990 filing history for Jewish Community Endowment Associates showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jewish Community Endowment Associates's revenue has grown by 113.2%, moving from $26K to $55K. Total assets increased by 47.7% over the same period, from $694K to $1.0M. Total functional expenses rose by 70.7%, from $41K to $70K. In its most recent filing year (2023), Jewish Community Endowment Associates reported a deficit of $15K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $70K | $1.0M | $1 | — | View 990 |
| 2022 | $-3,178 | $77K | $1.0M | $1 | — | View 990 |
| 2021 | $113K | $63K | $1.1M | $8K | — | — |
| 2020 | $88K | $57K | $1.1M | $1 | — | View 990 |
| 2019 | $76K | $72K | $1.0M | $0 | — | View 990 |
| 2015 | $51K | $53K | $1.1M | $0 | — | View 990 |
| 2014 | $465K | $49K | $1.1M | $0 | — | View 990 |
| 2013 | $25K | $69K | $639K | $0 | — | View 990 |
| 2012 | $29K | $40K | $683K | $0 | — | View 990 |
| 2011 | $26K | $41K | $694K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $70K, and assets of $1.0M.
- 2022: Revenue of $-3,178, expenses of $77K, and assets of $1.0M (revenue -102.8% year-over-year).
- 2021: Revenue of $113K, expenses of $63K, and assets of $1.1M (revenue +28.4% year-over-year).
- 2020: Revenue of $88K, expenses of $57K, and assets of $1.1M (revenue +15.9% year-over-year).
- 2019: Revenue of $76K, expenses of $72K, and assets of $1.0M (revenue +48.6% year-over-year).
- 2015: Revenue of $51K, expenses of $53K, and assets of $1.1M (revenue -89.0% year-over-year).
- 2014: Revenue of $465K, expenses of $49K, and assets of $1.1M (revenue +1746.7% year-over-year).
- 2013: Revenue of $25K, expenses of $69K, and assets of $639K (revenue -13.1% year-over-year).
- 2012: Revenue of $29K, expenses of $40K, and assets of $683K (revenue +11.6% year-over-year).
- 2011: Revenue of $26K, expenses of $41K, and assets of $694K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jewish Community Endowment Associates:
Data Sources and Methodology
This transparency report for Jewish Community Endowment Associates 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.