Joycorps Project
EIN: 710820020 · Farmington, AR · NTEE: Q320
Is Joycorps Project Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joycorps Project
Joycorps Project (EIN: 710820020) is a nonprofit organization based in Farmington, AR, classified under NTEE code Q320. The organization reported total revenue of $410K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joycorps Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joycorps Project is a small nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 17.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $577K |
| Total Expenses | $581K |
| Surplus / Deficit | $-3,470 |
| Total Assets | $71K |
| Total Liabilities | $566 |
| Net Assets | $70K |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 1.5 months |
Financial Health Grade: C
In 2023, Joycorps Project reported a deficit of $3K with expenses exceeding revenue, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Joycorps Project's revenue has grown at a compound annual growth rate (CAGR) of 17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.3% | -4.6% | -9.9% |
| 2022 | -33.3% | -18.7% | -61.1% |
| 2021 | +8.5% | +28.7% | -15.5% |
| 2020 | +33.1% | -1.8% | +73.3% |
| 2019 | -20.8% | +28.4% | -39.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joycorps Project 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 Joycorps Project 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Joycorps Project
Is Joycorps Project a legitimate charity?
Based on AI analysis of IRS 990 filings, Joycorps Project (EIN: 710820020) insufficient data. 0 red flags identified, 0 strengths noted.
How does Joycorps Project spend its money?
Detailed spending breakdown data is not yet available for Joycorps Project. Check back for updated IRS 990 analysis.
Are donations to Joycorps Project tax-deductible?
Joycorps Project is registered as a tax-exempt nonprofit (EIN: 710820020). 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 Joycorps Project showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Joycorps Project's revenue has grown by 678.1%, moving from $74K to $577K. Total assets decreased by 29.7% over the same period, from $101K to $71K. Total functional expenses rose by 618.1%, from $81K to $581K. In its most recent filing year (2023), Joycorps Project reported a deficit of $3K, with expenses exceeding revenue. The organization holds $566 in liabilities against $71K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $70K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $577K | $581K | $71K | $566 | — | — |
| 2022 | $484K | $609K | $79K | $5K | — | View 990 |
| 2021 | $726K | $749K | $202K | $2K | — | View 990 |
| 2020 | $669K | $582K | $240K | $18K | — | View 990 |
| 2019 | $503K | $593K | $138K | $535K | — | View 990 |
| 2018 | $635K | $462K | $228K | $429K | — | View 990 |
| 2017 | $590K | $634K | $85K | $152K | — | View 990 |
| 2016 | $489K | $558K | $194K | $217K | — | View 990 |
| 2015 | $400K | $375K | $240K | $234K | — | View 990 |
| 2014 | $366K | $252K | $215K | $190K | — | View 990 |
| 2013 | $252K | $176K | $126K | $72K | — | View 990 |
| 2012 | $138K | $137K | $48K | $43K | — | View 990 |
| 2011 | $10K | $9K | $24K | $19K | — | View 990 |
| 2010 | $74K | $81K | $101K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $577K, expenses of $581K, and assets of $71K (revenue +19.3% year-over-year).
- 2022: Revenue of $484K, expenses of $609K, and assets of $79K (revenue -33.3% year-over-year).
- 2021: Revenue of $726K, expenses of $749K, and assets of $202K (revenue +8.5% year-over-year).
- 2020: Revenue of $669K, expenses of $582K, and assets of $240K (revenue +33.1% year-over-year).
- 2019: Revenue of $503K, expenses of $593K, and assets of $138K (revenue -20.8% year-over-year).
- 2018: Revenue of $635K, expenses of $462K, and assets of $228K (revenue +7.6% year-over-year).
- 2017: Revenue of $590K, expenses of $634K, and assets of $85K (revenue +20.7% year-over-year).
- 2016: Revenue of $489K, expenses of $558K, and assets of $194K (revenue +22.2% year-over-year).
- 2015: Revenue of $400K, expenses of $375K, and assets of $240K (revenue +9.3% year-over-year).
- 2014: Revenue of $366K, expenses of $252K, and assets of $215K (revenue +45.3% year-over-year).
- 2013: Revenue of $252K, expenses of $176K, and assets of $126K (revenue +82.4% year-over-year).
- 2012: Revenue of $138K, expenses of $137K, and assets of $48K (revenue +1227.1% year-over-year).
- 2011: Revenue of $10K, expenses of $9K, and assets of $24K (revenue -86.0% year-over-year).
- 2010: Revenue of $74K, expenses of $81K, and assets of $101K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joycorps Project:
Data Sources and Methodology
This transparency report for Joycorps Project 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.