Jim Cain Home Inc
EIN: 311107304 · Louisville, KY
| Metric | Value |
|---|---|
| Total Revenue | $20 |
| Total Expenses | $26K |
| Net Assets | $-250,156 |
Is Jim Cain Home Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jim Cain Home Inc
Jim Cain Home Inc (EIN: 311107304) is a nonprofit organization based in Louisville, KY. The organization reported total revenue of $20 and total assets of $81K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jim Cain Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jim Cain Home Inc is a micro nonprofit that has been operating for 40 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -21.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $26K |
| Surplus / Deficit | $-21,208 |
| Total Assets | $99K |
| Total Liabilities | $349K |
| Net Assets | $-250,156 |
| Operating Margin | -401.4% |
| Debt-to-Asset Ratio | 352.8% |
| Months of Reserves | 44.8 months |
Financial Health Grade: C
In 2023, Jim Cain Home Inc reported a deficit of $21K with expenses exceeding revenue, holds 44.8 months of operating reserves (strong position), has a debt-to-asset ratio of 352.8% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Jim Cain Home Inc's revenue has declined at a compound annual growth rate (CAGR) of -21.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -88.5% | -67.2% | -12.2% |
| 2022 | -40.7% | -9.7% | +0.1% |
| 2021 | +3.3% | +5.1% | -6.8% |
| 2020 | +18.2% | +4.5% | -1.8% |
| 2019 | +23.4% | +2.1% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jim Cain Home Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jim Cain Home Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 352.8%.
Frequently Asked Questions about Jim Cain Home Inc
Is Jim Cain Home Inc a legitimate charity?
Jim Cain Home Inc (EIN: 311107304) is a registered tax-exempt nonprofit based in Kentucky. It has 12 years of IRS 990 filings on record. Total revenue: $20. No red flags identified. Financial health grade: C.
How does Jim Cain Home Inc spend its money?
Jim Cain Home Inc reported $20 in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jim Cain Home Inc tax-deductible?
Jim Cain Home Inc is registered as a tax-exempt nonprofit (EIN: 311107304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jim Cain Home Inc located?
Jim Cain Home Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 311107304.
How many years of IRS 990 filings does Jim Cain Home Inc have?
Jim Cain Home 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 $20 in total revenue.
Filing History
IRS 990 filing history for Jim Cain Home Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Jim Cain Home Inc's revenue has declined by 92.7%, moving from $73K to $5K. Total assets decreased by 34.8% over the same period, from $152K to $99K. Total functional expenses fell by 70.2%, from $89K to $26K. In its most recent filing year (2023), Jim Cain Home Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $349K in liabilities against $99K in assets (debt-to-asset ratio: 352.8%), resulting in net assets of $-250,156.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $26K | $99K | $349K | — | View 990 |
| 2022 | $46K | $81K | $113K | $342K | — | — |
| 2021 | $77K | $89K | $113K | $307K | — | — |
| 2020 | $75K | $85K | $121K | $303K | — | View 990 |
| 2019 | $63K | $81K | $123K | $295K | — | View 990 |
| 2018 | $51K | $80K | $129K | $282K | — | View 990 |
| 2017 | $84K | $88K | $132K | $257K | — | View 990 |
| 2016 | $89K | $87K | $136K | $256K | — | View 990 |
| 2015 | $81K | $92K | $138K | $260K | — | View 990 |
| 2014 | $75K | $89K | $141K | $252K | — | View 990 |
| 2013 | $73K | $83K | $148K | $245K | — | View 990 |
| 2012 | $73K | $89K | $152K | $239K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $26K, and assets of $99K (revenue -88.5% year-over-year).
- 2022: Revenue of $46K, expenses of $81K, and assets of $113K (revenue -40.7% year-over-year).
- 2021: Revenue of $77K, expenses of $89K, and assets of $113K (revenue +3.3% year-over-year).
- 2020: Revenue of $75K, expenses of $85K, and assets of $121K (revenue +18.2% year-over-year).
- 2019: Revenue of $63K, expenses of $81K, and assets of $123K (revenue +23.4% year-over-year).
- 2018: Revenue of $51K, expenses of $80K, and assets of $129K (revenue -38.8% year-over-year).
- 2017: Revenue of $84K, expenses of $88K, and assets of $132K (revenue -5.7% year-over-year).
- 2016: Revenue of $89K, expenses of $87K, and assets of $136K (revenue +10.2% year-over-year).
- 2015: Revenue of $81K, expenses of $92K, and assets of $138K (revenue +6.8% year-over-year).
- 2014: Revenue of $75K, expenses of $89K, and assets of $141K (revenue +3.4% year-over-year).
- 2013: Revenue of $73K, expenses of $83K, and assets of $148K (revenue +0.4% year-over-year).
- 2012: Revenue of $73K, expenses of $89K, and assets of $152K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jim Cain Home Inc:
Data Sources and Methodology
This transparency report for Jim Cain Home 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.