Joslin Community Development Corporation
EIN: 50340202 · Providence, RI · NTEE: P20Z
| Metric | Value |
|---|---|
| Total Revenue | $216K |
| Total Expenses | $292K |
| Net Assets | $447K |
Is Joslin Community Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joslin Community Development Corporation
Joslin Community Development Corporation (EIN: 50340202) is a nonprofit organization based in Providence, RI, classified under NTEE code P20Z. The organization reported total revenue of $216K and total assets of $461K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joslin Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joslin Community Development Corporation is a small nonprofit that has been operating for 55 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -5.4%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $216K |
| Total Expenses | $292K |
| Surplus / Deficit | $-76,213 |
| Total Assets | $461K |
| Total Liabilities | $15K |
| Net Assets | $447K |
| Operating Margin | -35.3% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 18.9 months |
Financial Health Grade: B
In 2019, Joslin Community Development Corporation reported a deficit of $76K with expenses exceeding revenue, holds 18.9 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2019), Joslin Community Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +18.8% | +9.5% | -15.3% |
| 2018 | -5.0% | -17.4% | -13.4% |
| 2017 | -38.4% | -2.5% | -15.9% |
| 2016 | -34.7% | -1.0% | -1.8% |
| 2015 | +44.0% | +5.5% | +22.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joslin Community Development Corporation 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 Joslin Community Development Corporation 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $76K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.2%.
Frequently Asked Questions about Joslin Community Development Corporation
Is Joslin Community Development Corporation a legitimate charity?
Joslin Community Development Corporation (EIN: 50340202) is a registered tax-exempt nonprofit based in Rhode Island. It has 9 years of IRS 990 filings on record. Total revenue: $216K. No red flags identified. Financial health grade: B.
How does Joslin Community Development Corporation spend its money?
Joslin Community Development Corporation reported $216K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Joslin Community Development Corporation tax-deductible?
Joslin Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 50340202). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joslin Community Development Corporation located?
Joslin Community Development Corporation is headquartered in Providence, Rhode Island and files with the IRS under EIN 50340202. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Joslin Community Development Corporation have?
Joslin Community Development Corporation has 9 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 $216K in total revenue.
Filing History
IRS 990 filing history for Joslin Community Development Corporation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Joslin Community Development Corporation's revenue has declined by 35.6%, moving from $335K to $216K. Total assets decreased by 34% over the same period, from $699K to $461K. Total functional expenses fell by 21.2%, from $371K to $292K. In its most recent filing year (2019), Joslin Community Development Corporation reported a deficit of $76K, with expenses exceeding revenue. The organization holds $15K in liabilities against $461K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $447K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $216K | $292K | $461K | $15K | — | View 990 |
| 2018 | $182K | $267K | $545K | $22K | — | View 990 |
| 2017 | $191K | $323K | $629K | $35K | — | View 990 |
| 2016 | $311K | $332K | $748K | $22K | — | View 990 |
| 2015 | $476K | $335K | $762K | $15K | — | View 990 |
| 2014 | $330K | $318K | $622K | $21K | — | View 990 |
| 2013 | $281K | $316K | $620K | $16K | — | View 990 |
| 2012 | $290K | $340K | $653K | $14K | — | View 990 |
| 2011 | $335K | $371K | $699K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $216K, expenses of $292K, and assets of $461K (revenue +18.8% year-over-year).
- 2018: Revenue of $182K, expenses of $267K, and assets of $545K (revenue -5.0% year-over-year).
- 2017: Revenue of $191K, expenses of $323K, and assets of $629K (revenue -38.4% year-over-year).
- 2016: Revenue of $311K, expenses of $332K, and assets of $748K (revenue -34.7% year-over-year).
- 2015: Revenue of $476K, expenses of $335K, and assets of $762K (revenue +44.0% year-over-year).
- 2014: Revenue of $330K, expenses of $318K, and assets of $622K (revenue +17.5% year-over-year).
- 2013: Revenue of $281K, expenses of $316K, and assets of $620K (revenue -3.2% year-over-year).
- 2012: Revenue of $290K, expenses of $340K, and assets of $653K (revenue -13.5% year-over-year).
- 2011: Revenue of $335K, expenses of $371K, and assets of $699K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joslin Community Development Corporation:
Data Sources and Methodology
This transparency report for Joslin Community Development 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.