Mjpm Foundation
Mjpm Foundation consistently spends more than its annual revenue, drawing from its substantial asset base.
EIN: 134043598 · Salisbury, CT · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $468K |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $18 |
| Net Assets | $19.0M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Mjpm Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Mjpm Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Mjpm Foundation in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $423K and expenses of $1.2M.
Revenue and Expenses
Mjpm Foundation reported $423K in revenue and $1.2M in expenses, a deficit of $793K.
Executive Compensation
Top officer compensation appears as $18 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Mjpm Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.1M (90%) |
Across stored filings, Mjpm Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with Teen Center Of Wilton Inc | Connecticut and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Salisbury, CT nonprofitsPhilanthropy in Connecticut
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Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Mjpm Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mjpm Foundation
Mjpm Foundation (EIN: 134043598) is a nonprofit organization based in Salisbury, CT, classified under NTEE code T20. The organization reported total revenue of $468K and total assets of $20.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mjpm Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mjpm Foundation is a small nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $423K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-792,853 |
| Total Assets | $19.0M |
| Total Liabilities | $1 |
| Net Assets | $19.0M |
| Operating Margin | -187.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 187.4 months |
Financial Health Grade: B
In 2023, Mjpm Foundation reported a deficit of $793K with expenses exceeding revenue, holds 187.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Mjpm Foundation's revenue has grown at a compound annual growth rate (CAGR) of 19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.5% | +48.6% | +10.2% |
| 2022 | +1.6% | -35.6% | -19.2% |
| 2021 | +13.1% | +53.0% | +9.5% |
| 2020 | -25.2% | +12.7% | +9.2% |
| 2019 | -36.8% | -14.2% | +20.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Mjpm Foundation 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Mjpm Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $793K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the Mjpm Foundation does not pay its officers, which is a positive sign for minimizing overhead costs relative to its asset size of over $18 million.
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 Mjpm Foundation's IRS 990 filings:
- Consistent operational deficits where expenses significantly exceed revenue (e.g., 2023 expenses were nearly 3x revenue), indicating reliance on asset drawdowns.
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess spending efficiency beyond the overall deficit.
Strengths
The following positive indicators were identified for Mjpm Foundation:
- Substantial asset base ($20,812,166 latest, $18,978,810 in 2023) provides financial stability despite operational deficits.
- Zero reported officer compensation across all filings, indicating efficient use of funds at the executive level.
- Consistent IRS 990 filing history (10 filings) demonstrates good transparency and compliance.
- Extremely low liabilities ($1 or $0 reported consistently) indicates strong financial health regarding debt.
Frequently Asked Questions about Mjpm Foundation
Is Mjpm Foundation a legitimate charity?
Mjpm Foundation (EIN: 134043598) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $468K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Mjpm Foundation spend its money?
Mjpm Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Mjpm Foundation tax-deductible?
Mjpm Foundation is registered as a tax-exempt nonprofit (EIN: 134043598). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mjpm Foundation CEO make?
Mjpm Foundation's highest-compensated officer earns $18 annually. The organization reported $468K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mjpm Foundation's spending goes to programs?
Mjpm Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mjpm Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mjpm Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mjpm Foundation located?
Mjpm Foundation is headquartered in Salisbury, Connecticut and files with the IRS under EIN 134043598. It is classified under NTEE code T20.
How many years of IRS 990 filings does Mjpm Foundation have?
Mjpm Foundation has 10 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 $468K in total revenue.
Is Mjpm Foundation financially sustainable given its consistent operational deficits?
The Mjpm Foundation consistently spends more than its annual revenue (e.g., $1,215,456 in expenses vs. $422,603 in revenue in 2023). This is sustained by its large asset base ($18,978,810 in 2023), suggesting it operates by distributing from its endowment. While not immediately unsustainable due to its assets, this model requires careful management to ensure long-term viability.
What is the primary purpose of Mjpm Foundation's expenditures?
Given its NTEE code T20 (Private Grantmaking Foundations) and the significant expenses relative to revenue, it is highly probable that the majority of the foundation's expenditures are in the form of grants to other organizations or individuals, aligning with a grantmaking mission.
How does Mjpm Foundation manage its leadership without officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation's leadership may be voluntary or compensated through other means not classified as officer compensation, or that the foundation operates with minimal paid staff, relying on board members for governance.
What is the trend in Mjpm Foundation's asset growth?
The foundation's assets have generally grown over the long term, from $13,498,702 in 2011 to $18,978,810 in 2023, despite periods of decline (e.g., from $21,307,729 in 2021 to $18,978,810 in 2023), indicating a robust financial base.
Filing History
IRS 990 filing history for Mjpm Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Mjpm Foundation's revenue has grown by 746.8%, moving from $50K to $423K. Total assets increased by 40.6% over the same period, from $13.5M to $19.0M. Total functional expenses rose by 150.4%, from $485K to $1.2M. In its most recent filing year (2023), Mjpm Foundation reported a deficit of $793K, with expenses exceeding revenue. The organization holds $1 in liabilities against $19.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $19.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $423K | $1.2M | $19.0M | $1 | — | View 990 |
| 2022 | $369K | $818K | $17.2M | $1 | — | View 990 |
| 2021 | $363K | $1.3M | $21.3M | $1 | — | View 990 |
| 2020 | $321K | $830K | $19.5M | $1 | — | View 990 |
| 2019 | $429K | $737K | $17.8M | $1 | — | View 990 |
| 2015 | $680K | $859K | $14.8M | $1 | — | View 990 |
| 2014 | $381K | $1.2M | $16.1M | $0 | — | View 990 |
| 2013 | $483K | $747K | $16.4M | $0 | — | View 990 |
| 2012 | $831K | $637K | $14.7M | $0 | — | View 990 |
| 2011 | $50K | $485K | $13.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $423K, expenses of $1.2M, and assets of $19.0M (revenue +14.5% year-over-year).
- 2022: Revenue of $369K, expenses of $818K, and assets of $17.2M (revenue +1.6% year-over-year).
- 2021: Revenue of $363K, expenses of $1.3M, and assets of $21.3M (revenue +13.1% year-over-year).
- 2020: Revenue of $321K, expenses of $830K, and assets of $19.5M (revenue -25.2% year-over-year).
- 2019: Revenue of $429K, expenses of $737K, and assets of $17.8M (revenue -36.8% year-over-year).
- 2015: Revenue of $680K, expenses of $859K, and assets of $14.8M (revenue +78.5% year-over-year).
- 2014: Revenue of $381K, expenses of $1.2M, and assets of $16.1M (revenue -21.2% year-over-year).
- 2013: Revenue of $483K, expenses of $747K, and assets of $16.4M (revenue -41.9% year-over-year).
- 2012: Revenue of $831K, expenses of $637K, and assets of $14.7M (revenue +1565.5% year-over-year).
- 2011: Revenue of $50K, expenses of $485K, and assets of $13.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mjpm Foundation:
Data Sources and Methodology
This transparency report for Mjpm Foundation 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.