Joint Purchasing Corporation
Joint Purchasing Corporation's latest filing shows $0 revenue and assets, indicating potential inactivity or dissolution after years of declining financial activity.
EIN: 132928247 · Coos Bay, OR · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $169K |
| Program Spending | 85% |
| Net Assets | $145K |
| Transparency Score | 60/100 |
Is Joint Purchasing Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Joint Purchasing Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joint Purchasing Corporation
Joint Purchasing Corporation (EIN: 132928247) is a nonprofit organization based in Coos Bay, OR. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joint Purchasing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joint Purchasing Corporation is a small nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -7.5%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $289K |
| Total Expenses | $169K |
| Surplus / Deficit | +$120K |
| Total Assets | $145K |
| Total Liabilities | $114 |
| Net Assets | $145K |
| Operating Margin | 41.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 10.3 months |
Financial Health Grade: A
In 2016, Joint Purchasing Corporation reported a surplus of $120K with revenue exceeding expenses, holds 10.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2016), Joint Purchasing Corporation's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +39.4% | -21.8% | +482.7% |
| 2015 | -15.9% | -18.2% | -26.1% |
| 2014 | -22.7% | -25.9% | -33.5% |
| 2013 | -19.3% | +7.1% | -42.7% |
| 2012 | -7.3% | -11.3% | +6.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Joint Purchasing Corporation with a Mission Score of 60 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, Joint Purchasing Corporation 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $120K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or receives no salary, which is highly efficient for an organization of its historical size.
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 Joint Purchasing Corporation's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential cessation of operations.
- Significant and consistent decline in revenue over several years, from $426,934 in 2011 to $0 in the latest period.
Strengths
The following positive indicators were identified for Joint Purchasing Corporation:
- Consistent reporting of 0% officer compensation, indicating highly efficient leadership costs.
- Historically low liabilities relative to assets in most periods, suggesting sound financial management when active.
Frequently Asked Questions about Joint Purchasing Corporation
Is Joint Purchasing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Joint Purchasing Corporation (EIN: 132928247) some concerns. Mission Score: 60/100. 2 red flags identified, 2 strengths noted.
How does Joint Purchasing Corporation spend its money?
Joint Purchasing Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Joint Purchasing Corporation tax-deductible?
Joint Purchasing Corporation is registered as a tax-exempt nonprofit (EIN: 132928247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Joint Purchasing Corporation's spending goes to programs?
Joint Purchasing Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Joint Purchasing Corporation located?
Joint Purchasing Corporation is headquartered in Coos Bay, Oregon and files with the IRS under EIN 132928247.
How many years of IRS 990 filings does Joint Purchasing Corporation have?
Joint Purchasing Corporation has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What is the current operational status of Joint Purchasing Corporation given the $0 revenue and assets in its latest filing?
The latest filing suggests the organization may be inactive or in the process of dissolution, as it reported no revenue or assets. Further investigation into its current activities would be necessary.
How did Joint Purchasing Corporation manage to operate with 0% officer compensation historically?
The consistent reporting of 0% officer compensation indicates that the organization was likely run by volunteers or that its leadership did not receive salaries, contributing to low administrative overhead.
What caused the significant decline in revenue from $426,934 in 2011 to $0 in the latest filing?
The filings show a steady decline in revenue over several years, from $426,934 in 2011 to $289,283 in 2016, culminating in $0 in the latest period. The specific reasons for this decline are not detailed in the provided data but warrant further inquiry.
Filing History
IRS 990 filing history for Joint Purchasing Corporation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Joint Purchasing Corporation's revenue has declined by 32.2%, moving from $427K to $289K. Total assets increased by 74.8% over the same period, from $83K to $145K. Total functional expenses fell by 54.9%, from $375K to $169K. In its most recent filing year (2016), Joint Purchasing Corporation reported a surplus of $120K, with revenue exceeding expenses. The organization holds $114 in liabilities against $145K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $145K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $289K | $169K | $145K | $114 | — | View 990 |
| 2015 | $208K | $216K | $25K | $458 | — | View 990 |
| 2014 | $247K | $264K | $34K | $958 | — | View 990 |
| 2013 | $319K | $356K | $51K | $982 | — | View 990 |
| 2012 | $396K | $332K | $88K | $2K | — | View 990 |
| 2011 | $427K | $375K | $83K | $60K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $289K, expenses of $169K, and assets of $145K (revenue +39.4% year-over-year).
- 2015: Revenue of $208K, expenses of $216K, and assets of $25K (revenue -15.9% year-over-year).
- 2014: Revenue of $247K, expenses of $264K, and assets of $34K (revenue -22.7% year-over-year).
- 2013: Revenue of $319K, expenses of $356K, and assets of $51K (revenue -19.3% year-over-year).
- 2012: Revenue of $396K, expenses of $332K, and assets of $88K (revenue -7.3% year-over-year).
- 2011: Revenue of $427K, expenses of $375K, and assets of $83K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joint Purchasing Corporation:
Data Sources and Methodology
This transparency report for Joint Purchasing Corporation 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.