Jha Assisted Living Inc
Jha Assisted Living Inc. shows consistent revenue growth but persistent operating deficits and high liabilities.
EIN: 201590379 · Portland, ME · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.2M |
| Total Expenses | $8.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $-26,948,760 |
| Transparency Score | 70/100 |
Is Jha Assisted Living Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jha Assisted Living Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jha Assisted Living Inc
Jha Assisted Living Inc (EIN: 201590379) is a nonprofit organization based in Portland, ME, classified under NTEE code L22. The organization reported total revenue of $12.2M and total assets of $18.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jha Assisted Living Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jha Assisted Living Inc is a large nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 27.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.6M |
| Total Expenses | $8.6M |
| Surplus / Deficit | $-1,022,679 |
| Total Assets | $15.0M |
| Total Liabilities | $41.9M |
| Net Assets | $-26,948,760 |
| Operating Margin | -13.4% |
| Debt-to-Asset Ratio | 280.2% |
| Months of Reserves | 20.8 months |
Financial Health Grade: C
In 2023, Jha Assisted Living Inc reported a deficit of $1.0M with expenses exceeding revenue, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 280.2% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Jha Assisted Living Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.3% | +21.4% | +0.6% |
| 2022 | +37.2% | +28.2% | +5.7% |
| 2021 | +3.8% | +8.1% | +6.7% |
| 2020 | -0.4% | +3.8% | -1.9% |
| 2019 | +6.1% | +0.8% | -0.3% |
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 Jha Assisted Living Inc with a Mission Score of 70 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Jha Assisted Living 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 $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 280.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly favorable for an organization of its size with over $7 million in annual revenue.
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 Jha Assisted Living Inc's IRS 990 filings:
- Consistent operating deficits where expenses exceed revenue (e.g., $1,022,679 deficit in 2023).
- Very high liabilities relative to assets ($41,906,898 liabilities vs. $14,958,138 assets in 2023).
Strengths
The following positive indicators were identified for Jha Assisted Living Inc:
- Strong and consistent revenue growth over the past decade.
- Zero reported officer compensation, indicating efficient use of funds in executive pay.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Jha Assisted Living Inc
Is Jha Assisted Living Inc a legitimate charity?
Jha Assisted Living Inc (EIN: 201590379) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $12.2M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Jha Assisted Living Inc spend its money?
Jha Assisted Living Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jha Assisted Living Inc tax-deductible?
Jha Assisted Living Inc is registered as a tax-exempt nonprofit (EIN: 201590379). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jha Assisted Living Inc CEO make?
Jha Assisted Living Inc's highest-compensated officer earns $7 annually. The organization reported $12.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Jha Assisted Living Inc's spending goes to programs?
Jha Assisted Living Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jha Assisted Living Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Jha Assisted Living Inc is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jha Assisted Living Inc located?
Jha Assisted Living Inc is headquartered in Portland, Maine and files with the IRS under EIN 201590379. It is classified under NTEE code L22.
How many years of IRS 990 filings does Jha Assisted Living Inc have?
Jha Assisted Living Inc has 12 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 $12.2M in total revenue.
Is Jha Assisted Living Inc. financially stable given its liabilities?
The organization carries significant liabilities, reaching $41,906,898 in 2023, which far exceed its assets of $14,958,138. This high debt-to-asset ratio suggests potential long-term financial stability concerns, despite consistent revenue growth.
How has Jha Assisted Living Inc.'s revenue grown over time?
Jha Assisted Living Inc. has experienced substantial revenue growth, from $477,109 in 2014 to $7,619,958 in 2023, demonstrating an increasing capacity to generate income.
Does Jha Assisted Living Inc. operate at a surplus or deficit?
In most recent periods, Jha Assisted Living Inc. has operated at a deficit, with expenses exceeding revenue. For example, in 2023, expenses were $8,642,637 against revenues of $7,619,958, resulting in a deficit of over $1 million.
Filing History
IRS 990 filing history for Jha Assisted Living Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Jha Assisted Living Inc's revenue has grown by 1397.7%, moving from $509K to $7.6M. Total assets increased by 115.9% over the same period, from $6.9M to $15.0M. Total functional expenses rose by 1157%, from $688K to $8.6M. In its most recent filing year (2023), Jha Assisted Living Inc reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $41.9M in liabilities against $15.0M in assets (debt-to-asset ratio: 280.2%), resulting in net assets of $-26,948,760.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.6M | $8.6M | $15.0M | $41.9M | — | View 990 |
| 2022 | $7.0M | $7.1M | $14.9M | $40.8M | — | View 990 |
| 2021 | $5.1M | $5.6M | $14.1M | $39.9M | — | View 990 |
| 2020 | $4.9M | $5.1M | $13.2M | $38.6M | — | View 990 |
| 2019 | $5.0M | $4.9M | $13.4M | $30.2M | — | View 990 |
| 2018 | $4.7M | $4.9M | $13.5M | $30.3M | — | View 990 |
| 2017 | $4.8M | $4.8M | $13.8M | $30.4M | — | View 990 |
| 2016 | $4.5M | $4.6M | $14.2M | $30.8M | — | View 990 |
| 2015 | $4.4M | $4.6M | $14.1M | $30.3M | — | View 990 |
| 2014 | $477K | $1.4M | $5.9M | $6.1M | — | View 990 |
| 2013 | $507K | $683K | $6.7M | $5.7M | — | View 990 |
| 2012 | $509K | $688K | $6.9M | $5.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.6M, expenses of $8.6M, and assets of $15.0M (revenue +8.3% year-over-year).
- 2022: Revenue of $7.0M, expenses of $7.1M, and assets of $14.9M (revenue +37.2% year-over-year).
- 2021: Revenue of $5.1M, expenses of $5.6M, and assets of $14.1M (revenue +3.8% year-over-year).
- 2020: Revenue of $4.9M, expenses of $5.1M, and assets of $13.2M (revenue -0.4% year-over-year).
- 2019: Revenue of $5.0M, expenses of $4.9M, and assets of $13.4M (revenue +6.1% year-over-year).
- 2018: Revenue of $4.7M, expenses of $4.9M, and assets of $13.5M (revenue -2.8% year-over-year).
- 2017: Revenue of $4.8M, expenses of $4.8M, and assets of $13.8M (revenue +7.8% year-over-year).
- 2016: Revenue of $4.5M, expenses of $4.6M, and assets of $14.2M (revenue +1.5% year-over-year).
- 2015: Revenue of $4.4M, expenses of $4.6M, and assets of $14.1M (revenue +821.4% year-over-year).
- 2014: Revenue of $477K, expenses of $1.4M, and assets of $5.9M (revenue -5.8% year-over-year).
- 2013: Revenue of $507K, expenses of $683K, and assets of $6.7M (revenue -0.4% year-over-year).
- 2012: Revenue of $509K, expenses of $688K, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jha Assisted Living Inc:
Data Sources and Methodology
This transparency report for Jha Assisted Living 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.