Joco Ihn Inc
Joco Ihn Inc experienced an $87,700 deficit in its latest fiscal year, despite a history of balanced finances.
EIN: 200118693 · Overland Park, KS · NTEE: L41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $176K |
| Total Expenses | $430K |
| Program Spending | 80% |
| Net Assets | $340K |
| Transparency Score | 75/100 |
Is Joco Ihn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Joco Ihn Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joco Ihn Inc
Joco Ihn Inc (EIN: 200118693) is a nonprofit organization based in Overland Park, KS, classified under NTEE code L41. The organization reported total revenue of $176K and total assets of $196K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joco Ihn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joco Ihn Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $342K |
| Total Expenses | $430K |
| Surplus / Deficit | $-87,700 |
| Total Assets | $340K |
| Net Assets | $340K |
| Operating Margin | -25.6% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2023, Joco Ihn Inc reported a deficit of $88K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Joco Ihn Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.9% | +15.2% | -17.2% |
| 2022 | -13.4% | +2.6% | -4.3% |
| 2021 | -5.9% | +8.6% | +23.0% |
| 2020 | +27.5% | -9.2% | +63.5% |
| 2019 | -1.8% | +3.9% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Joco Ihn Inc with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Joco Ihn Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $88K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that the organization's leadership may be entirely volunteer-based or that compensation is not disclosed in this section of the 990. This lack of reported compensation is unusual for an organization with annual revenues consistently in the hundreds of thousands.
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 Joco Ihn Inc's IRS 990 filings:
- Significant deficit in the latest fiscal year (202312) where expenses exceeded revenue by over $87,000.
- Consistent reporting of 0% officer compensation across all filings, which may indicate a lack of transparency regarding executive pay or an entirely volunteer-run organization, which is uncommon for its size.
Strengths
The following positive indicators were identified for Joco Ihn Inc:
- Historically strong financial management with revenues generally covering expenses in most years prior to 2023.
- Consistently reports zero liabilities, indicating a healthy balance sheet and effective debt management.
- Maintains a reasonable asset base relative to its annual operations, with assets of $339,806 in 202312.
Frequently Asked Questions about Joco Ihn Inc
Is Joco Ihn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Joco Ihn Inc (EIN: 200118693) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Joco Ihn Inc spend its money?
Joco Ihn Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Joco Ihn Inc tax-deductible?
Joco Ihn Inc is registered as a tax-exempt nonprofit (EIN: 200118693). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Joco Ihn Inc's spending goes to programs?
Joco Ihn Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Joco Ihn Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Joco Ihn Inc is above average for NTEE category L41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Joco Ihn Inc located?
Joco Ihn Inc is headquartered in Overland Park, Kansas and files with the IRS under EIN 200118693. It is classified under NTEE code L41.
How many years of IRS 990 filings does Joco Ihn Inc have?
Joco Ihn 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 $176K in total revenue.
What caused the significant deficit in the 202312 fiscal period?
The 202312 filing shows expenses of $429,692 against revenues of $341,992, resulting in an $87,700 deficit. This is a notable shift from prior years where revenue generally covered expenses.
Is Joco Ihn Inc's leadership entirely volunteer-based?
All available IRS 990 filings consistently report 0% officer compensation, which could indicate a volunteer leadership structure or that compensation is reported elsewhere or not at all.
How does Joco Ihn Inc manage to operate with zero reported liabilities?
The organization consistently reports $0 in liabilities across most recent filings, suggesting strong financial management in avoiding debt or that liabilities are minimal and quickly resolved.
Filing History
IRS 990 filing history for Joco Ihn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Joco Ihn Inc's revenue has grown by 74.4%, moving from $196K to $342K. Total assets increased by 361.9% over the same period, from $74K to $340K. Total functional expenses rose by 116.1%, from $199K to $430K. In its most recent filing year (2023), Joco Ihn Inc reported a deficit of $88K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $342K | $430K | $340K | $0 | — | — |
| 2022 | $379K | $373K | $410K | $0 | — | View 990 |
| 2021 | $438K | $364K | $429K | $0 | — | View 990 |
| 2020 | $466K | $335K | $349K | $0 | — | View 990 |
| 2019 | $365K | $368K | $213K | $0 | — | View 990 |
| 2018 | $372K | $355K | $210K | $0 | — | View 990 |
| 2017 | $367K | $357K | $189K | $0 | — | View 990 |
| 2016 | $300K | $352K | $177K | $0 | — | View 990 |
| 2015 | $323K | $348K | $229K | $216 | — | View 990 |
| 2014 | $449K | $373K | $255K | $1K | — | View 990 |
| 2013 | $393K | $295K | $180K | $2K | — | View 990 |
| 2012 | $264K | $256K | $80K | $2K | — | View 990 |
| 2011 | $196K | $199K | $74K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $342K, expenses of $430K, and assets of $340K (revenue -9.9% year-over-year).
- 2022: Revenue of $379K, expenses of $373K, and assets of $410K (revenue -13.4% year-over-year).
- 2021: Revenue of $438K, expenses of $364K, and assets of $429K (revenue -5.9% year-over-year).
- 2020: Revenue of $466K, expenses of $335K, and assets of $349K (revenue +27.5% year-over-year).
- 2019: Revenue of $365K, expenses of $368K, and assets of $213K (revenue -1.8% year-over-year).
- 2018: Revenue of $372K, expenses of $355K, and assets of $210K (revenue +1.3% year-over-year).
- 2017: Revenue of $367K, expenses of $357K, and assets of $189K (revenue +22.4% year-over-year).
- 2016: Revenue of $300K, expenses of $352K, and assets of $177K (revenue -7.1% year-over-year).
- 2015: Revenue of $323K, expenses of $348K, and assets of $229K (revenue -28.0% year-over-year).
- 2014: Revenue of $449K, expenses of $373K, and assets of $255K (revenue +14.3% year-over-year).
- 2013: Revenue of $393K, expenses of $295K, and assets of $180K (revenue +48.9% year-over-year).
- 2012: Revenue of $264K, expenses of $256K, and assets of $80K (revenue +34.5% year-over-year).
- 2011: Revenue of $196K, expenses of $199K, and assets of $74K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joco Ihn Inc:
Data Sources and Methodology
This transparency report for Joco Ihn 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.