M&J Company
M&J Company: Consistent Revenue, Declining Program Spending
EIN: 222480150 · Bangor, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $939K |
| Total Expenses | $530K |
| Program Spending | 60% |
| Net Assets | $6.3M |
| Transparency Score | 65/100 |
Is M&J Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
M&J Company directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About M&J Company
M&J Company (EIN: 222480150) is a nonprofit organization based in Bangor, ME. The organization reported total revenue of $939K and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of M&J Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
M&J Company is a small nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $931K |
| Total Expenses | $530K |
| Surplus / Deficit | +$401K |
| Total Assets | $6.4M |
| Total Liabilities | $161K |
| Net Assets | $6.3M |
| Operating Margin | 43.1% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 145.5 months |
Financial Health Grade: A
In 2023, M&J Company reported a surplus of $401K with revenue exceeding expenses, holds 145.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), M&J Company's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.2% | -27.7% | +5.2% |
| 2022 | +5.5% | +11.0% | +0.7% |
| 2021 | -13.4% | +7.4% | +4.4% |
| 2020 | +1.9% | -8.4% | +6.4% |
| 2019 | -14.9% | -13.2% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 M&J Company with a Mission Score of 65 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: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, M&J Company allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $401K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Without specific executive compensation figures from the filings, a detailed assessment of fairness and alignment with organizational goals cannot be made.
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 M&J Company's IRS 990 filings:
- Program expenses have shown a declining trend, from $773,284 in 2018 to $529,990 in 2023, despite relatively stable revenue.
- The percentage of expenses allocated to programs appears to be decreasing over time, raising questions about mission impact.
Strengths
The following positive indicators were identified for M&J Company:
- The organization has maintained a relatively stable revenue stream, averaging around $1 million annually over the past several years.
- Total assets have shown consistent growth, from $4,773,239 in 2017 to $6,426,727 in 2023, indicating financial stability.
- The organization consistently reports 0% lobbying expenses, suggesting a focus on direct mission activities rather than political advocacy.
Frequently Asked Questions about M&J Company
Is M&J Company a legitimate charity?
Based on AI analysis of IRS 990 filings, M&J Company (EIN: 222480150) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does M&J Company spend its money?
M&J Company directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to M&J Company tax-deductible?
M&J Company is registered as a tax-exempt nonprofit (EIN: 222480150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of M&J Company's spending goes to programs?
M&J Company directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is M&J Company located?
M&J Company is headquartered in Bangor, Maine and files with the IRS under EIN 222480150.
How many years of IRS 990 filings does M&J Company have?
M&J Company has 13 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 $939K in total revenue.
What does M&J Company do?
M&J Company is a nonprofit organization in the Unknown sector, located in Bangor, Maine. It is classified under NTEE code Unknown.
How much revenue does M&J Company have?
M&J Company reported total revenue of $938,626. Based on 13 IRS 990 filings on record.
What are M&J Company's total assets?
M&J Company holds total assets of $6,790,087 as reported in IRS 990 filings.
Where is M&J Company located?
M&J Company is based in Bangor, Maine.
What is M&J Company's EIN?
M&J Company's Employer Identification Number (EIN) is 222480150. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is M&J Company?
M&J Company is classified under NTEE code Unknown (Unknown).
Is M&J Company a registered 501(c)(3)?
M&J Company appears in IRS records (EIN: 222480150). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does M&J Company file IRS Form 990?
Yes, M&J Company has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was M&J Company's revenue in 2023?
In the 202312 filing period, M&J Company reported total revenue of $930,920, total expenses of $529,990, and net assets of $6,426,727.
Is M&J Company's revenue growing or declining?
M&J Company's revenue is relatively stable. Revenue went from $932,460 (202212) to $930,920 (202312), a -0.2% change. Based on 13 filings on record.
What is M&J Company's most recent 990 filing?
The most recent IRS Form 990 filing for M&J Company covers tax period 202312. It shows revenue of $930,920, expenses of $529,990, total assets of $6,426,727, and liabilities of $161,274.
How much does M&J Company spend on programs vs administration?
Based on IRS 990 analysis, M&J Company allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is M&J Company a trustworthy charity?
Based on AI analysis of IRS 990 data, M&J Company shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for M&J Company?
The following concerns were identified: Program expenses have shown a declining trend, from $773,284 in 2018 to $529,990 in 2023, despite relatively stable revenue.. The percentage of expenses allocated to programs appears to be decreasing over time, raising questions about mission impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are M&J Company's strengths?
Positive indicators for M&J Company include: The organization has maintained a relatively stable revenue stream, averaging around $1 million annually over the past several years.. Total assets have shown consistent growth, from $4,773,239 in 2017 to $6,426,727 in 2023, indicating financial stability.. The organization consistently reports 0% lobbying expenses, suggesting a focus on direct mission activities rather than political advocacy.. These findings are derived from AI analysis of the organization's financial filings.
How does M&J Company compensate executives?
Without specific executive compensation figures from the filings, a detailed assessment of fairness and alignment with organizational goals cannot be made. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue, what strategic shifts or external factors have led to the significant reduction in program expenses from $773,284 in 2018 to $529,990 in 2023?
The data suggests a potential shift in operational focus or efficiency gains, but without further context on program activities, it's unclear if this reduction reflects decreased service delivery or improved cost-effectiveness.
Filing History
IRS 990 filing history for M&J Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), M&J Company's revenue has declined by 50.8%, moving from $1.9M to $931K. Total assets decreased by 22.6% over the same period, from $8.3M to $6.4M. Total functional expenses fell by 55.7%, from $1.2M to $530K. In its most recent filing year (2023), M&J Company reported a surplus of $401K, with revenue exceeding expenses. The organization holds $161K in liabilities against $6.4M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $931K | $530K | $6.4M | $161K | — | — |
| 2022 | $932K | $733K | $6.1M | $245K | — | View 990 |
| 2021 | $884K | $661K | $6.1M | $269K | — | View 990 |
| 2020 | $1.0M | $615K | $5.8M | $234K | — | View 990 |
| 2019 | $1.0M | $671K | $5.5M | $291K | — | — |
| 2018 | $1.2M | $773K | $5.1M | $311K | — | View 990 |
| 2017 | $1.2M | $739K | $4.8M | $340K | — | View 990 |
| 2016 | $1.3M | $759K | $5.2M | $358K | — | View 990 |
| 2015 | $1.3M | $821K | $5.5M | $371K | — | View 990 |
| 2014 | $1.3M | $882K | $5.7M | $411K | — | View 990 |
| 2013 | $1.3M | $789K | $6.0M | $813K | — | View 990 |
| 2012 | $1.9M | $1.0M | $6.4M | $1.4M | — | View 990 |
| 2011 | $1.9M | $1.2M | $8.3M | $1.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $931K, expenses of $530K, and assets of $6.4M (revenue -0.2% year-over-year).
- 2022: Revenue of $932K, expenses of $733K, and assets of $6.1M (revenue +5.5% year-over-year).
- 2021: Revenue of $884K, expenses of $661K, and assets of $6.1M (revenue -13.4% year-over-year).
- 2020: Revenue of $1.0M, expenses of $615K, and assets of $5.8M (revenue +1.9% year-over-year).
- 2019: Revenue of $1.0M, expenses of $671K, and assets of $5.5M (revenue -14.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $773K, and assets of $5.1M (revenue -5.6% year-over-year).
- 2017: Revenue of $1.2M, expenses of $739K, and assets of $4.8M (revenue -1.4% year-over-year).
- 2016: Revenue of $1.3M, expenses of $759K, and assets of $5.2M (revenue -4.1% year-over-year).
- 2015: Revenue of $1.3M, expenses of $821K, and assets of $5.5M (revenue +1.5% year-over-year).
- 2014: Revenue of $1.3M, expenses of $882K, and assets of $5.7M (revenue -0.4% year-over-year).
- 2013: Revenue of $1.3M, expenses of $789K, and assets of $6.0M (revenue -30.1% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.0M, and assets of $6.4M (revenue -1.6% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.2M, and assets of $8.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for M&J Company:
Data Sources and Methodology
This transparency report for M&J Company 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.