Jlp Systems Inc
Jlp Systems Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 204928054 · Kewanee, IL · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $600K |
| Total Expenses | $531K |
| Program Spending | 85% |
| Net Assets | $48K |
| Transparency Score | 85/100 |
Is Jlp Systems Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jlp Systems Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jlp Systems Inc
Jlp Systems Inc (EIN: 204928054) is a nonprofit organization based in Kewanee, IL, classified under NTEE code B21. The organization reported total revenue of $600K and total assets of $470K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jlp Systems Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jlp Systems Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $549K |
| Total Expenses | $531K |
| Surplus / Deficit | +$19K |
| Total Assets | $482K |
| Total Liabilities | $434K |
| Net Assets | $48K |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 90.1% |
| Months of Reserves | 10.9 months |
Financial Health Grade: A
In 2022, Jlp Systems Inc reported a surplus of $19K with revenue exceeding expenses, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 90.1% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Jlp Systems Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +8.1% | -2.7% | +12.3% |
| 2021 | -5.5% | +24.3% | -8.1% |
| 2020 | +55.4% | +29.4% | +228.5% |
| 2019 | +3.1% | +1.0% | +22.8% |
| 2018 | +6.4% | +12.4% | +20.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Jlp Systems Inc 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Jlp Systems 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 90.1%.
Executive Compensation Analysis
Jlp Systems Inc reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to executives, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean executive structure.
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 Jlp Systems Inc's IRS 990 filings:
- Significant increase in liabilities alongside asset growth, from $135,883 in 2017 to $433,856 in 2022, warrants further investigation into the nature of these liabilities.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Jlp Systems Inc:
- Consistent revenue growth, from $315,114 in 2017 to $549,303 in 2022, demonstrating financial stability.
- Significant asset accumulation, with assets growing from $95,860 in 2017 to $481,514 in 2022.
- 0% officer compensation reported across all filings, indicating a strong commitment to directing funds towards the mission rather than executive salaries.
- Positive net income in most recent years (e.g., $18,758 in 2022), showing operational surpluses.
Frequently Asked Questions about Jlp Systems Inc
Is Jlp Systems Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jlp Systems Inc (EIN: 204928054) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Jlp Systems Inc spend its money?
Jlp Systems Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jlp Systems Inc tax-deductible?
Jlp Systems Inc is registered as a tax-exempt nonprofit (EIN: 204928054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jlp Systems Inc's spending goes to programs?
Jlp Systems Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jlp Systems Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jlp Systems Inc is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jlp Systems Inc located?
Jlp Systems Inc is headquartered in Kewanee, Illinois and files with the IRS under EIN 204928054. It is classified under NTEE code B21.
How many years of IRS 990 filings does Jlp Systems Inc have?
Jlp Systems 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 $600K in total revenue.
Is Jlp Systems Inc a good charity?
Based on the available data, Jlp Systems Inc appears to be a financially stable organization with consistent revenue growth and no reported officer compensation, which is a strong positive for a charity. However, a detailed breakdown of program spending versus administrative and fundraising costs would provide a more complete picture of its effectiveness.
How has Jlp Systems Inc's financial health changed over time?
Jlp Systems Inc has shown significant financial growth. Revenue increased from $315,114 in 2017 to $549,303 in 2022, and assets grew from $95,860 to $481,514 in the same period, indicating a positive trend in financial health.
What is the significance of 0% officer compensation?
0% officer compensation means that no salaries or benefits are reported for the organization's officers. This can indicate a volunteer-run leadership or that compensation is covered by another entity, which can be a positive for donors as more funds are theoretically available for programs, but it also warrants understanding how leadership is sustained.
Filing History
IRS 990 filing history for Jlp Systems Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Jlp Systems Inc's revenue has grown by 21.4%, moving from $452K to $549K. Total assets increased by 266.2% over the same period, from $131K to $482K. Total functional expenses rose by 26.8%, from $418K to $531K. In its most recent filing year (2022), Jlp Systems Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $434K in liabilities against $482K in assets (debt-to-asset ratio: 90.1%), resulting in net assets of $48K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $549K | $531K | $482K | $434K | — | View 990 |
| 2021 | $508K | $545K | $429K | $400K | — | View 990 |
| 2020 | $538K | $439K | $467K | $401K | — | View 990 |
| 2019 | $346K | $339K | $142K | $175K | — | View 990 |
| 2018 | $335K | $336K | $116K | $156K | — | View 990 |
| 2017 | $315K | $298K | $96K | $136K | — | View 990 |
| 2016 | $348K | $383K | $101K | $158K | — | View 990 |
| 2015 | $333K | $340K | $102K | $125K | — | View 990 |
| 2014 | $409K | $416K | $109K | $125K | — | View 990 |
| 2013 | $339K | $362K | $131K | $140K | — | View 990 |
| 2012 | $326K | $317K | $145K | $131K | — | View 990 |
| 2011 | $452K | $418K | $131K | $126K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $549K, expenses of $531K, and assets of $482K (revenue +8.1% year-over-year).
- 2021: Revenue of $508K, expenses of $545K, and assets of $429K (revenue -5.5% year-over-year).
- 2020: Revenue of $538K, expenses of $439K, and assets of $467K (revenue +55.4% year-over-year).
- 2019: Revenue of $346K, expenses of $339K, and assets of $142K (revenue +3.1% year-over-year).
- 2018: Revenue of $335K, expenses of $336K, and assets of $116K (revenue +6.4% year-over-year).
- 2017: Revenue of $315K, expenses of $298K, and assets of $96K (revenue -9.6% year-over-year).
- 2016: Revenue of $348K, expenses of $383K, and assets of $101K (revenue +4.6% year-over-year).
- 2015: Revenue of $333K, expenses of $340K, and assets of $102K (revenue -18.6% year-over-year).
- 2014: Revenue of $409K, expenses of $416K, and assets of $109K (revenue +20.8% year-over-year).
- 2013: Revenue of $339K, expenses of $362K, and assets of $131K (revenue +3.8% year-over-year).
- 2012: Revenue of $326K, expenses of $317K, and assets of $145K (revenue -27.9% year-over-year).
- 2011: Revenue of $452K, expenses of $418K, and assets of $131K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jlp Systems Inc:
Data Sources and Methodology
This transparency report for Jlp Systems 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.