Joseph J Jaroschak Foundation Inc
Joseph J Jaroschak Foundation: Consistent Spending, Declining Revenue
EIN: 222693991 · Cranford, NJ · Updated: 2026-04-04
About Joseph J Jaroschak Foundation Inc
Joseph J Jaroschak Foundation Inc (EIN: 222693991) is a nonprofit organization based in Cranford, NJ. The organization reported total revenue of $2.2M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph J Jaroschak Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Joseph J Jaroschak Foundation 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Joseph J Jaroschak Foundation Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, as all expenditures are categorized as administrative and no specific salaries are detailed.
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 Joseph J Jaroschak Foundation Inc's IRS 990 filings:
- Zero program service expenses reported across all years, raising questions about direct charitable impact.
- Consistent decline in revenue from $354,798 in 2021 to $169,678 in 2023.
- All expenditures are classified as administrative, with no breakdown of how these funds are utilized.
Strengths
The following positive indicators were identified for Joseph J Jaroschak Foundation Inc:
- Minimal liabilities reported ($1 across all years), indicating financial stability in terms of debt.
- Assets remain substantial despite declining revenue, with $6,123,255 in 2023.
Frequently Asked Questions about Joseph J Jaroschak Foundation Inc
What does Joseph J Jaroschak Foundation Inc do?
Joseph J Jaroschak Foundation Inc is a nonprofit organization in the Unknown sector, located in Cranford, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Joseph J Jaroschak Foundation Inc have?
Joseph J Jaroschak Foundation Inc reported total revenue of $2,180,246. Based on 10 IRS 990 filings on record.
What are Joseph J Jaroschak Foundation Inc's total assets?
Joseph J Jaroschak Foundation Inc holds total assets of $5,606,740 as reported in IRS 990 filings.
Where is Joseph J Jaroschak Foundation Inc located?
Joseph J Jaroschak Foundation Inc is based in Cranford, New Jersey.
What is Joseph J Jaroschak Foundation Inc's EIN?
Joseph J Jaroschak Foundation Inc's Employer Identification Number (EIN) is 222693991. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Joseph J Jaroschak Foundation Inc?
Joseph J Jaroschak Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Joseph J Jaroschak Foundation Inc a registered 501(c)(3)?
Joseph J Jaroschak Foundation Inc appears in IRS records (EIN: 222693991). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Joseph J Jaroschak Foundation Inc file IRS Form 990?
Yes, Joseph J Jaroschak Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Joseph J Jaroschak Foundation Inc's revenue in 2023?
In the 202312 filing period, Joseph J Jaroschak Foundation Inc reported total revenue of $169,678, total expenses of $385,604, and net assets of $6,123,255.
Is Joseph J Jaroschak Foundation Inc's revenue growing or declining?
Joseph J Jaroschak Foundation Inc's revenue is declining. Revenue went from $200,897 (202212) to $169,678 (202312), a -15.5% change. Based on 10 filings on record.
What is Joseph J Jaroschak Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Joseph J Jaroschak Foundation Inc covers tax period 202312. It shows revenue of $169,678, expenses of $385,604, total assets of $6,123,255, and liabilities of $1.
Is Joseph J Jaroschak Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Joseph J Jaroschak Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Joseph J Jaroschak Foundation Inc?
The following concerns were identified: Zero program service expenses reported across all years, raising questions about direct charitable impact.. Consistent decline in revenue from $354,798 in 2021 to $169,678 in 2023.. All expenditures are classified as administrative, with no breakdown of how these funds are utilized.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Joseph J Jaroschak Foundation Inc's strengths?
Positive indicators for Joseph J Jaroschak Foundation Inc include: Minimal liabilities reported ($1 across all years), indicating financial stability in terms of debt.. Assets remain substantial despite declining revenue, with $6,123,255 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Joseph J Jaroschak Foundation Inc compensate executives?
Executive compensation is not reported in the provided data, as all expenditures are categorized as administrative and no specific salaries are detailed. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program service expenses and 100% administrative expenses, what is the actual charitable purpose and activity of the Joseph J Jaroschak Foundation?
Based on the provided data, the foundation does not appear to engage in direct program services. All reported expenditures are administrative, suggesting its primary function might be asset management or a holding entity rather than an active grant-making or service-providing organization. Further investigation into their tax filings (e.g., Form 990, Part IX) would be needed to understand the nature of these administrative costs and any indirect charitable activities.
Filing History
IRS 990 filing history for Joseph J Jaroschak Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Joseph J Jaroschak Foundation Inc's revenue has grown by 21653.6%, moving from $780 to $170K. Total assets increased by 5212.7% over the same period, from $115K to $6.1M. Total functional expenses rose by 7711980%, from $5 to $386K. In its most recent filing year (2023), Joseph J Jaroschak Foundation Inc reported a deficit of $216K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $170K | $386K | $6.1M | $1 | — | View 990 |
| 2022 | $201K | $397K | $6.3M | $1 | — | View 990 |
| 2021 | $355K | $401K | $6.5M | $1 | — | View 990 |
| 2020 | $209K | $376K | $6.6M | $1 | — | View 990 |
| 2019 | $303K | $304K | $6.7M | $1 | — | View 990 |
| 2015 | $234 | $7K | $96K | $1 | — | View 990 |
| 2014 | $248 | $6K | $103K | $1 | — | View 990 |
| 2013 | $250 | $4K | $109K | $1 | — | View 990 |
| 2012 | $301 | $3K | $113K | $1 | — | View 990 |
| 2011 | $780 | $5 | $115K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $170K, expenses of $386K, and assets of $6.1M (revenue -15.5% year-over-year).
- 2022: Revenue of $201K, expenses of $397K, and assets of $6.3M (revenue -43.4% year-over-year).
- 2021: Revenue of $355K, expenses of $401K, and assets of $6.5M (revenue +70.0% year-over-year).
- 2020: Revenue of $209K, expenses of $376K, and assets of $6.6M (revenue -31.2% year-over-year).
- 2019: Revenue of $303K, expenses of $304K, and assets of $6.7M (revenue +129569.7% year-over-year).
- 2015: Revenue of $234, expenses of $7K, and assets of $96K (revenue -5.6% year-over-year).
- 2014: Revenue of $248, expenses of $6K, and assets of $103K (revenue -0.8% year-over-year).
- 2013: Revenue of $250, expenses of $4K, and assets of $109K (revenue -16.9% year-over-year).
- 2012: Revenue of $301, expenses of $3K, and assets of $113K (revenue -61.4% year-over-year).
- 2011: Revenue of $780, expenses of $5, and assets of $115K.
Data Sources and Methodology
This transparency report for Joseph J Jaroschak 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.