Jgb Mental Health & Mental Retardation Services Inc
Jgb Mental Health & Mental Retardation Services Inc faces significant financial instability with persistent deficits and high liabilities.
EIN: 201480790 · New York, NY · NTEE: F80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $3.8M |
| Program Spending | 75% |
| Net Assets | $-34,872,958 |
| Transparency Score | 30/100 |
Is Jgb Mental Health & Mental Retardation Services Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jgb Mental Health & Mental Retardation Services Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jgb Mental Health & Mental Retardation Services Inc
Jgb Mental Health & Mental Retardation Services Inc (EIN: 201480790) is a nonprofit organization based in New York, NY, classified under NTEE code F80. The organization reported total revenue of $2.1M and total assets of $210K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jgb Mental Health & Mental Retardation Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jgb Mental Health & Mental Retardation Services Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $3.8M |
| Surplus / Deficit | +$63K |
| Total Assets | $512K |
| Total Liabilities | $35.4M |
| Net Assets | $-34,872,958 |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 6915.9% |
| Months of Reserves | 1.6 months |
Financial Health Grade: B
In 2023, Jgb Mental Health & Mental Retardation Services Inc reported a surplus of $63K with revenue exceeding expenses, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 6915.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jgb Mental Health & Mental Retardation Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.3% | +9.2% | -24.5% |
| 2022 | +292.3% | -30.2% | +5.8% |
| 2021 | +65.9% | +33.7% | -11.7% |
| 2020 | -52.6% | -32.9% | -29.2% |
| 2019 | -49.9% | -2.1% | -62.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Jgb Mental Health & Mental Retardation Services Inc with a Mission Score of 30 out of 100 (Poor). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Jgb Mental Health & Mental Retardation Services Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6915.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, or trustees, which is highly unusual for an organization of this size and suggests either volunteer leadership or compensation is reported under other categories.
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 Jgb Mental Health & Mental Retardation Services Inc's IRS 990 filings:
- Persistent and significant operating deficits over multiple years (e.g., 202106 revenue $1,680,246 vs. expenses $4,990,340).
- Extremely high liabilities ($35,384,599 in 202306) significantly outweighing assets ($511,641 in 202306).
- Negative net asset position, indicating insolvency.
- Unusual 0% officer compensation reported for an organization with multi-million dollar operations.
Strengths
The following positive indicators were identified for Jgb Mental Health & Mental Retardation Services Inc:
- Reported 0% officer compensation, indicating no direct executive salary burden on the organization's finances.
- The organization has continued to operate despite significant financial challenges over a long period, suggesting resilience or external support not fully detailed in the provided data.
Frequently Asked Questions about Jgb Mental Health & Mental Retardation Services Inc
Is Jgb Mental Health & Mental Retardation Services Inc a legitimate charity?
Jgb Mental Health & Mental Retardation Services Inc (EIN: 201480790) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 30/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.1M. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Jgb Mental Health & Mental Retardation Services Inc spend its money?
Jgb Mental Health & Mental Retardation Services Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Jgb Mental Health & Mental Retardation Services Inc tax-deductible?
Jgb Mental Health & Mental Retardation Services Inc is registered as a tax-exempt nonprofit (EIN: 201480790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jgb Mental Health & Mental Retardation Services Inc's spending goes to programs?
Jgb Mental Health & Mental Retardation Services Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jgb Mental Health & Mental Retardation Services Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Jgb Mental Health & Mental Retardation Services Inc is below average for NTEE category F80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jgb Mental Health & Mental Retardation Services Inc located?
Jgb Mental Health & Mental Retardation Services Inc is headquartered in New York, New York and files with the IRS under EIN 201480790. It is classified under NTEE code F80.
How many years of IRS 990 filings does Jgb Mental Health & Mental Retardation Services Inc have?
Jgb Mental Health & Mental Retardation Services 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 $2.1M in total revenue.
How does Jgb Mental Health & Mental Retardation Services Inc sustain operations with consistent revenue shortfalls?
The organization has consistently reported expenses exceeding revenue for most of the past decade, leading to significant accumulated deficits. For example, in 202106, expenses were $4,990,340 against revenue of $1,680,246. This suggests reliance on prior reserves, debt, or other unreported funding mechanisms to cover operational costs, which is unsustainable long-term.
What is the nature of the organization's substantial liabilities?
The organization's liabilities are exceptionally high, reaching $35,384,599 in 202306, far exceeding its assets of $511,641. Without further detail from the full 990, it's unclear if these are program-related liabilities, long-term debt, or other obligations, but their magnitude is a significant concern for financial solvency.
Is the 0% officer compensation accurate and sustainable?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization with millions in revenue and expenses. While it suggests efficient use of funds in this specific area, it raises questions about how leadership is compensated or if key personnel are volunteers, which might not be sustainable for an organization of this scale.
What is the plan to address the significant gap between assets and liabilities?
With assets of $511,641 and liabilities of $35,384,599 in 202306, the organization has a negative net asset position. A clear strategy for reducing liabilities or significantly increasing assets would be critical for its long-term viability, as the current financial structure is highly precarious.
Filing History
IRS 990 filing history for Jgb Mental Health & Mental Retardation Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jgb Mental Health & Mental Retardation Services Inc's revenue has declined by 10.6%, moving from $4.3M to $3.9M. Total assets decreased by 10.8% over the same period, from $573K to $512K. Total functional expenses fell by 42.3%, from $6.6M to $3.8M. In its most recent filing year (2023), Jgb Mental Health & Mental Retardation Services Inc reported a surplus of $63K, with revenue exceeding expenses. The organization holds $35.4M in liabilities against $512K in assets (debt-to-asset ratio: 6915.9%), resulting in net assets of $-34,872,958.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.8M | $512K | $35.4M | — | — |
| 2022 | $6.6M | $3.5M | $678K | $35.6M | — | View 990 |
| 2021 | $1.7M | $5.0M | $640K | $38.7M | — | View 990 |
| 2020 | $1.0M | $3.7M | $725K | $35.5M | — | View 990 |
| 2019 | $2.1M | $5.6M | $1.0M | $33.0M | — | View 990 |
| 2018 | $4.3M | $5.7M | $2.7M | $31.3M | — | View 990 |
| 2017 | $2.0M | $4.7M | $660K | $27.8M | — | View 990 |
| 2016 | $5.0M | $8.5M | $453K | $24.9M | — | View 990 |
| 2015 | $4.3M | $7.3M | $710K | $21.7M | — | View 990 |
| 2014 | $4.8M | $7.0M | $879K | $18.8M | — | View 990 |
| 2013 | $4.5M | $6.8M | $624K | $16.4M | — | View 990 |
| 2012 | $5.1M | $6.8M | $1.6M | $15.1M | — | View 990 |
| 2011 | $4.3M | $6.6M | $573K | $12.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.8M, and assets of $512K (revenue -41.3% year-over-year).
- 2022: Revenue of $6.6M, expenses of $3.5M, and assets of $678K (revenue +292.3% year-over-year).
- 2021: Revenue of $1.7M, expenses of $5.0M, and assets of $640K (revenue +65.9% year-over-year).
- 2020: Revenue of $1.0M, expenses of $3.7M, and assets of $725K (revenue -52.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $5.6M, and assets of $1.0M (revenue -49.9% year-over-year).
- 2018: Revenue of $4.3M, expenses of $5.7M, and assets of $2.7M (revenue +109.9% year-over-year).
- 2017: Revenue of $2.0M, expenses of $4.7M, and assets of $660K (revenue -59.0% year-over-year).
- 2016: Revenue of $5.0M, expenses of $8.5M, and assets of $453K (revenue +15.5% year-over-year).
- 2015: Revenue of $4.3M, expenses of $7.3M, and assets of $710K (revenue -11.5% year-over-year).
- 2014: Revenue of $4.8M, expenses of $7.0M, and assets of $879K (revenue +7.3% year-over-year).
- 2013: Revenue of $4.5M, expenses of $6.8M, and assets of $624K (revenue -10.8% year-over-year).
- 2012: Revenue of $5.1M, expenses of $6.8M, and assets of $1.6M (revenue +17.1% year-over-year).
- 2011: Revenue of $4.3M, expenses of $6.6M, and assets of $573K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jgb Mental Health & Mental Retardation Services Inc:
Data Sources and Methodology
This transparency report for Jgb Mental Health & Mental Retardation Services 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.