Journey Forward Inc
EIN: 262367620 · Canton, MA · NTEE: E50
Is Journey Forward Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Journey Forward Inc
Journey Forward Inc (EIN: 262367620) is a nonprofit organization based in Canton, MA, classified under NTEE code E50. The organization reported total revenue of $2.5M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Journey Forward Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Journey Forward Inc 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 Journey Forward Inc 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.
Frequently Asked Questions about Journey Forward Inc
Is Journey Forward Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Journey Forward Inc (EIN: 262367620) insufficient data. 0 red flags identified, 0 strengths noted.
How does Journey Forward Inc spend its money?
Detailed spending breakdown data is not yet available for Journey Forward Inc. Check back for updated IRS 990 analysis.
Are donations to Journey Forward Inc tax-deductible?
Journey Forward Inc is registered as a tax-exempt nonprofit (EIN: 262367620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Journey Forward Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Journey Forward Inc's revenue has grown by 104.9%, moving from $961K to $2.0M. Total assets increased by 459.5% over the same period, from $553K to $3.1M. Total functional expenses rose by 107.3%, from $745K to $1.5M. In its most recent filing year (2023), Journey Forward Inc reported a surplus of $424K, with revenue exceeding expenses. The organization holds $586K in liabilities against $3.1M in assets (debt-to-asset ratio: 18.9%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.5M | $3.1M | $586K | — | — |
| 2022 | $1.7M | $1.4M | $2.5M | $851K | — | — |
| 2021 | $1.2M | $1.4M | $1.5M | $248K | — | View 990 |
| 2020 | $1.1M | $1.4M | $1.5M | $274K | — | View 990 |
| 2019 | $1.8M | $1.7M | $1.6M | $149K | — | View 990 |
| 2018 | $1.8M | $1.7M | $1.4M | $146K | — | View 990 |
| 2017 | $1.9M | $1.5M | $1.3M | $46K | — | View 990 |
| 2016 | $1.3M | $1.2M | $893K | $92K | — | View 990 |
| 2015 | $1.2M | $1.1M | $783K | $40K | — | View 990 |
| 2014 | $1.2M | $1.1M | $721K | $33K | — | View 990 |
| 2013 | $1.1M | $1.0M | $628K | $24K | — | View 990 |
| 2012 | $980K | $965K | $582K | $34K | — | View 990 |
| 2011 | $961K | $745K | $553K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.5M, and assets of $3.1M (revenue +13.4% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.4M, and assets of $2.5M (revenue +44.4% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.4M, and assets of $1.5M (revenue +13.3% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.4M, and assets of $1.5M (revenue -41.7% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.7M, and assets of $1.6M (revenue +1.3% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $1.4M (revenue -4.7% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.5M, and assets of $1.3M (revenue +47.0% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $893K (revenue +9.0% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $783K (revenue -2.3% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $721K (revenue +10.7% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.0M, and assets of $628K (revenue +11.0% year-over-year).
- 2012: Revenue of $980K, expenses of $965K, and assets of $582K (revenue +2.1% year-over-year).
- 2011: Revenue of $961K, expenses of $745K, and assets of $553K.
Data Sources and Methodology
This transparency report for Journey Forward 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.