Jewish Foundation For Group Homesendowment Inc
Jewish Foundation For Group Homesendowment Inc maintains substantial assets with fluctuating revenue and no reported officer compensation.
EIN: 203992763 · Rockville, MD · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $161K |
| Net Assets | $2.9M |
| Transparency Score | 75/100 |
Is Jewish Foundation For Group Homesendowment Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jewish Foundation For Group Homesendowment Inc
Jewish Foundation For Group Homesendowment Inc (EIN: 203992763) is a nonprofit organization based in Rockville, MD, classified under NTEE code T30. The organization reported total revenue of $2.0M and total assets of $17.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jewish Foundation For Group Homesendowment Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jewish Foundation For Group Homesendowment Inc is a mid-size nonprofit that has been operating for 20 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -48.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $161K |
| Surplus / Deficit | $-72,786 |
| Total Assets | $17.5M |
| Total Liabilities | $14.6M |
| Net Assets | $2.9M |
| Operating Margin | -82.6% |
| Debt-to-Asset Ratio | 83.5% |
| Months of Reserves | 1303.7 months |
Financial Health Grade: C
In 2023, Jewish Foundation For Group Homesendowment Inc reported a deficit of $73K with expenses exceeding revenue, holds 1303.7 months of operating reserves (strong position), has a debt-to-asset ratio of 83.5% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Jewish Foundation For Group Homesendowment Inc's revenue has declined at a compound annual growth rate (CAGR) of -48.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -61.2% | +-0.0% | +6.1% |
| 2022 | -30.4% | +19.5% | -16.0% |
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 Jewish Foundation For Group Homesendowment 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Jewish Foundation For Group Homesendowment Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $73K, with expenses exceeding revenue.
- Debt-to-asset ratio: 83.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from this specific endowment, which is a positive sign for financial transparency and resource allocation.
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 Foundation For Group Homesendowment Inc's IRS 990 filings:
- Significant decline in reported revenue over the last three years ($326,097 in 2021 to $88,142 in 2023).
Strengths
The following positive indicators were identified for Jewish Foundation For Group Homesendowment Inc:
- Substantial asset base ($17,786,254) providing long-term financial stability.
- Consistent reporting of 0% officer compensation, indicating strong transparency and efficient use of funds at the executive level.
- Low liabilities relative to assets, suggesting a healthy balance sheet.
Frequently Asked Questions about Jewish Foundation For Group Homesendowment Inc
Is Jewish Foundation For Group Homesendowment Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jewish Foundation For Group Homesendowment Inc (EIN: 203992763) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Jewish Foundation For Group Homesendowment Inc spend its money?
Detailed spending breakdown data is not yet available for Jewish Foundation For Group Homesendowment Inc. Check back for updated IRS 990 analysis.
Are donations to Jewish Foundation For Group Homesendowment Inc tax-deductible?
Jewish Foundation For Group Homesendowment Inc is registered as a tax-exempt nonprofit (EIN: 203992763). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Jewish Foundation For Group Homesendowment Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Jewish Foundation For Group Homesendowment Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jewish Foundation For Group Homesendowment Inc located?
Jewish Foundation For Group Homesendowment Inc is headquartered in Rockville, Maryland and files with the IRS under EIN 203992763. It is classified under NTEE code T30.
How many years of IRS 990 filings does Jewish Foundation For Group Homesendowment Inc have?
Jewish Foundation For Group Homesendowment Inc has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.0M in total revenue.
What is the primary function of Jewish Foundation For Group Homesendowment Inc given its low expenses relative to assets?
The organization primarily functions as an endowment, managing and growing assets ($17,786,254) to support its related entity, Jewish Foundation for Group Homes, rather than directly incurring significant program expenses itself.
Why has the revenue decreased significantly from $326,097 in 2021 to $88,142 in 2023?
The filings show a trend of decreasing revenue, which could be due to various factors such as investment performance, changes in donor contributions, or specific endowment distribution policies. Further investigation into their investment returns and fundraising strategies would be needed to understand this trend fully.
How does the organization ensure its assets are being used effectively for its mission?
As an endowment, its effectiveness is measured by its ability to generate returns and provide financial support to its beneficiary. The substantial asset base ($17,786,254) suggests a strong capacity to fulfill this role, though the specific distributions to the Jewish Foundation for Group Homes are not detailed in these summary filings.
Filing History
IRS 990 filing history for Jewish Foundation For Group Homesendowment Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Jewish Foundation For Group Homesendowment Inc's revenue has declined by 73%, moving from $326K to $88K. Total assets decreased by 10.8% over the same period, from $19.6M to $17.5M. Total functional expenses rose by 19.5%, from $135K to $161K. In its most recent filing year (2023), Jewish Foundation For Group Homesendowment Inc reported a deficit of $73K, with expenses exceeding revenue. The organization holds $14.6M in liabilities against $17.5M in assets (debt-to-asset ratio: 83.5%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88K | $161K | $17.5M | $14.6M | — | View 990 |
| 2022 | $227K | $161K | $16.5M | $13.7M | — | View 990 |
| 2021 | $326K | $135K | $19.6M | $16.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88K, expenses of $161K, and assets of $17.5M (revenue -61.2% year-over-year).
- 2022: Revenue of $227K, expenses of $161K, and assets of $16.5M (revenue -30.4% year-over-year).
- 2021: Revenue of $326K, expenses of $135K, and assets of $19.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jewish Foundation For Group Homesendowment Inc:
Data Sources and Methodology
This transparency report for Jewish Foundation For Group Homesendowment 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.