Jms Foundation Inc
EIN: 460916661 · Branford, CT · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $62K |
| Total Expenses | $37K |
| Net Assets | $76K |
Is Jms Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jms Foundation Inc
Jms Foundation Inc (EIN: 460916661) is a nonprofit organization based in Branford, CT, classified under NTEE code T22. The organization reported total revenue of $62K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jms Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jms Foundation Inc is a micro nonprofit that has been operating for 13 years, with 8 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $37K |
| Surplus / Deficit | +$34K |
| Total Assets | $76K |
| Total Liabilities | $1 |
| Net Assets | $76K |
| Operating Margin | 48.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 24.7 months |
Financial Health Grade: A
In 2022, Jms Foundation Inc reported a surplus of $34K with revenue exceeding expenses, holds 24.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2012–2022), Jms Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -75.1% | -87.9% | +14.0% |
| 2021 | -23.6% | -12.7% | -47.2% |
| 2020 | +76.1% | +39.4% | +109.3% |
| 2019 | +9.4% | +14.3% | +140.8% |
| 2015 | +28.2% | +20.8% | +78.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jms Foundation 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 Jms Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Jms Foundation Inc
Is Jms Foundation Inc a legitimate charity?
Jms Foundation Inc (EIN: 460916661) is a registered tax-exempt nonprofit based in Connecticut. It has 8 years of IRS 990 filings on record. Total revenue: $62K. No red flags identified. Financial health grade: A.
How does Jms Foundation Inc spend its money?
Jms Foundation Inc reported $62K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Jms Foundation Inc tax-deductible?
Jms Foundation Inc is registered as a tax-exempt nonprofit (EIN: 460916661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jms Foundation Inc located?
Jms Foundation Inc is headquartered in Branford, Connecticut and files with the IRS under EIN 460916661. It is classified under NTEE code T22.
How many years of IRS 990 filings does Jms Foundation Inc have?
Jms Foundation Inc has 8 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 $62K in total revenue.
Filing History
IRS 990 filing history for Jms Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2022), Jms Foundation Inc's revenue has declined by 53.7%, moving from $152K to $70K. Total assets increased by 292.3% over the same period, from $19K to $76K. Total functional expenses fell by 72.5%, from $133K to $37K. In its most recent filing year (2022), Jms Foundation Inc reported a surplus of $34K, with revenue exceeding expenses. The organization holds $1 in liabilities against $76K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $76K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $70K | $37K | $76K | $1 | — | — |
| 2021 | $283K | $303K | $66K | $25K | — | — |
| 2020 | $370K | $348K | $125K | $63K | — | — |
| 2019 | $210K | $249K | $60K | $21K | — | — |
| 2015 | $192K | $218K | $25K | $37K | — | View 990 |
| 2014 | $150K | $180K | $14K | $1 | — | View 990 |
| 2013 | $238K | $213K | $51K | $6K | — | View 990 |
| 2012 | $152K | $133K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $70K, expenses of $37K, and assets of $76K (revenue -75.1% year-over-year).
- 2021: Revenue of $283K, expenses of $303K, and assets of $66K (revenue -23.6% year-over-year).
- 2020: Revenue of $370K, expenses of $348K, and assets of $125K (revenue +76.1% year-over-year).
- 2019: Revenue of $210K, expenses of $249K, and assets of $60K (revenue +9.4% year-over-year).
- 2015: Revenue of $192K, expenses of $218K, and assets of $25K (revenue +28.2% year-over-year).
- 2014: Revenue of $150K, expenses of $180K, and assets of $14K (revenue -37.0% year-over-year).
- 2013: Revenue of $238K, expenses of $213K, and assets of $51K (revenue +56.2% year-over-year).
- 2012: Revenue of $152K, expenses of $133K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jms Foundation Inc:
Data Sources and Methodology
This transparency report for Jms Foundation 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.