Joint Restoration Foundation Inc
Joint Restoration Foundation Inc shows consistent revenue growth and operates with narrow surpluses, reporting 0% officer compensation.
EIN: 205839402 · Centennial, CO · NTEE: E65 · Updated: 2026-03-28
Is Joint Restoration Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Joint Restoration Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joint Restoration Foundation Inc
Joint Restoration Foundation Inc (EIN: 205839402) is a nonprofit organization based in Centennial, CO, classified under NTEE code E65. The organization reported total revenue of $77.1M and total assets of $20.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joint Restoration Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joint Restoration Foundation Inc is a major nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69.4M |
| Total Expenses | $68.0M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $18.1M |
| Total Liabilities | $9.4M |
| Net Assets | $8.7M |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 51.8% |
| Months of Reserves | 3.2 months |
Financial Health Grade: A
In 2023, Joint Restoration Foundation Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 51.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Joint Restoration Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.6% | +13.9% | +16.6% |
| 2022 | +8.2% | +8.2% | +1.4% |
| 2021 | +10.9% | +14.0% | -7.5% |
| 2020 | -1.6% | -3.7% | +31.0% |
| 2019 | +18.2% | +20.6% | +12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Joint Restoration Foundation 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Joint Restoration Foundation Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 51.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with revenues reaching nearly $70 million. This could indicate that key personnel are compensated through other means not categorized as 'officer compensation' on the 990, or that the organization relies heavily on volunteer leadership, which would be highly efficient.
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 Restoration Foundation Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual executive remuneration if reported elsewhere.
Strengths
The following positive indicators were identified for Joint Restoration Foundation Inc:
- Consistent and significant revenue growth, from $25.2M in 2014 to $69.4M in 2023.
- Efficient spending, with expenses closely matching revenue, indicating funds are deployed for mission.
- Steady growth in assets, demonstrating increasing capacity and financial stability.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Joint Restoration Foundation Inc
Is Joint Restoration Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Joint Restoration Foundation Inc (EIN: 205839402) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Joint Restoration Foundation Inc spend its money?
Joint Restoration Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Joint Restoration Foundation Inc tax-deductible?
Joint Restoration Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205839402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Joint Restoration Foundation Inc a good charity?
Based on the available data, Joint Restoration Foundation Inc appears to be a financially stable organization with consistent revenue growth and a practice of spending nearly all its income on its mission, as evidenced by narrow surpluses. The reported 0% officer compensation is a positive indicator of efficiency, though further clarity on how leadership is compensated would enhance transparency.
How does Joint Restoration Foundation Inc manage its expenses relative to its revenue?
Joint Restoration Foundation Inc consistently manages its expenses very close to its revenue. For example, in 2023, expenses were $67,959,547 against revenues of $69,440,734, resulting in a modest surplus. This indicates that the organization is effectively deploying its funds for its stated purpose rather than accumulating significant reserves.
What is the trend in the organization's assets and liabilities?
The organization's assets have shown consistent growth, increasing from $6,638,410 in 2014 to $18,145,191 in 2023. Liabilities have also increased over the same period, from $3,286,902 to $9,407,491, maintaining a healthy asset-to-liability ratio, indicating financial stability.
What does 'Officer Comp=0%' mean for an organization of this size?
For an organization with revenues approaching $70 million, 'Officer Comp=0%' is highly unusual. It could mean that the organization's leadership is entirely volunteer-based, or that compensation for key executives is reported under different categories on the IRS Form 990, such as 'salaries and wages' for non-officer employees, or through related organizations. This warrants further investigation for complete financial transparency.
Filing History
IRS 990 filing history for Joint Restoration Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Joint Restoration Foundation Inc's revenue has grown by 148.2%, moving from $28.0M to $69.4M. Total assets increased by 174.5% over the same period, from $6.6M to $18.1M. Total functional expenses rose by 157.9%, from $26.4M to $68.0M. In its most recent filing year (2023), Joint Restoration Foundation Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $9.4M in liabilities against $18.1M in assets (debt-to-asset ratio: 51.8%), resulting in net assets of $8.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69.4M | $68.0M | $18.1M | $9.4M | — | — |
| 2022 | $59.6M | $59.7M | $15.6M | $8.3M | — | View 990 |
| 2021 | $55.0M | $55.1M | $15.3M | $8.0M | — | View 990 |
| 2020 | $49.6M | $48.4M | $16.6M | $9.1M | — | View 990 |
| 2019 | $50.4M | $50.2M | $12.6M | $6.5M | — | View 990 |
| 2018 | $42.7M | $41.6M | $11.2M | $5.3M | — | View 990 |
| 2017 | $36.9M | $36.0M | $10.2M | $5.4M | — | — |
| 2016 | $33.3M | $33.0M | $8.8M | $4.8M | — | View 990 |
| 2015 | $30.4M | $30.1M | $8.1M | $4.4M | — | View 990 |
| 2014 | $25.2M | $24.9M | $6.6M | $3.3M | — | View 990 |
| 2013 | $25.9M | $25.7M | $6.4M | $3.4M | — | View 990 |
| 2012 | $27.3M | $26.3M | $6.7M | $3.9M | — | View 990 |
| 2011 | $28.0M | $26.4M | $6.6M | $4.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69.4M, expenses of $68.0M, and assets of $18.1M (revenue +16.6% year-over-year).
- 2022: Revenue of $59.6M, expenses of $59.7M, and assets of $15.6M (revenue +8.2% year-over-year).
- 2021: Revenue of $55.0M, expenses of $55.1M, and assets of $15.3M (revenue +10.9% year-over-year).
- 2020: Revenue of $49.6M, expenses of $48.4M, and assets of $16.6M (revenue -1.6% year-over-year).
- 2019: Revenue of $50.4M, expenses of $50.2M, and assets of $12.6M (revenue +18.2% year-over-year).
- 2018: Revenue of $42.7M, expenses of $41.6M, and assets of $11.2M (revenue +15.7% year-over-year).
- 2017: Revenue of $36.9M, expenses of $36.0M, and assets of $10.2M (revenue +10.9% year-over-year).
- 2016: Revenue of $33.3M, expenses of $33.0M, and assets of $8.8M (revenue +9.5% year-over-year).
- 2015: Revenue of $30.4M, expenses of $30.1M, and assets of $8.1M (revenue +20.4% year-over-year).
- 2014: Revenue of $25.2M, expenses of $24.9M, and assets of $6.6M (revenue -2.6% year-over-year).
- 2013: Revenue of $25.9M, expenses of $25.7M, and assets of $6.4M (revenue -5.0% year-over-year).
- 2012: Revenue of $27.3M, expenses of $26.3M, and assets of $6.7M (revenue -2.5% year-over-year).
- 2011: Revenue of $28.0M, expenses of $26.4M, and assets of $6.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joint Restoration Foundation Inc:
Data Sources and Methodology
This transparency report for Joint Restoration 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.