Nanak Naam Jahaj Gurudwara Inc
Nanak Naam Jahaj Gurudwara Inc consistently grows assets with zero officer compensation and healthy operating surpluses.
EIN: 203758058 · Jersey City, NJ · NTEE: X70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $427K |
| Total Expenses | $271K |
| Program Spending | 85% |
| Net Assets | $2.9M |
| Transparency Score | 90/100 |
Is Nanak Naam Jahaj Gurudwara Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nanak Naam Jahaj Gurudwara Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nanak Naam Jahaj Gurudwara Inc
Nanak Naam Jahaj Gurudwara Inc (EIN: 203758058) is a nonprofit organization based in Jersey City, NJ, classified under NTEE code X70. The organization reported total revenue of $427K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nanak Naam Jahaj Gurudwara Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nanak Naam Jahaj Gurudwara Inc is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $432K |
| Total Expenses | $271K |
| Surplus / Deficit | +$161K |
| Total Assets | $2.9M |
| Net Assets | $2.9M |
| Operating Margin | 37.4% |
| Months of Reserves | 129.0 months |
Financial Health Grade: A
In 2023, Nanak Naam Jahaj Gurudwara Inc reported a surplus of $161K with revenue exceeding expenses, holds 129.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Nanak Naam Jahaj Gurudwara Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.6% | +12.6% | +5.8% |
| 2022 | -1.3% | +13.3% | +4.4% |
| 2021 | +44.4% | +10.6% | +5.5% |
| 2020 | -33.4% | -24.7% | +2.7% |
| 2019 | -12.9% | -1.1% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2010 |
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 Nanak Naam Jahaj Gurudwara Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Nanak Naam Jahaj Gurudwara Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $161K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization, which significantly reduces administrative overhead and maximizes resources for its mission.
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.
Strengths
The following positive indicators were identified for Nanak Naam Jahaj Gurudwara Inc:
- Consistent asset growth, from $2,257,515 in 2014 to $2,910,359 in 2023.
- Zero reported officer compensation across all 13 filings, indicating volunteer leadership and efficient use of funds.
- Healthy operating surpluses, with 2023 revenue of $432,105 exceeding expenses of $270,692.
- Significantly reduced liabilities, reaching $0 in 2023 from $660,564 in 2014.
- Strong financial stability and low debt burden.
Frequently Asked Questions about Nanak Naam Jahaj Gurudwara Inc
Is Nanak Naam Jahaj Gurudwara Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nanak Naam Jahaj Gurudwara Inc (EIN: 203758058) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Nanak Naam Jahaj Gurudwara Inc spend its money?
Nanak Naam Jahaj Gurudwara Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nanak Naam Jahaj Gurudwara Inc tax-deductible?
Nanak Naam Jahaj Gurudwara Inc is registered as a tax-exempt nonprofit (EIN: 203758058). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nanak Naam Jahaj Gurudwara Inc's spending goes to programs?
Nanak Naam Jahaj Gurudwara Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nanak Naam Jahaj Gurudwara Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Nanak Naam Jahaj Gurudwara Inc is above average for NTEE category X70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nanak Naam Jahaj Gurudwara Inc located?
Nanak Naam Jahaj Gurudwara Inc is headquartered in Jersey City, New Jersey and files with the IRS under EIN 203758058. It is classified under NTEE code X70.
How many years of IRS 990 filings does Nanak Naam Jahaj Gurudwara Inc have?
Nanak Naam Jahaj Gurudwara Inc 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 $427K in total revenue.
Is Nanak Naam Jahaj Gurudwara Inc a good charity?
Based on the financial data, Nanak Naam Jahaj Gurudwara Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, operates with a surplus, and has zero reported officer compensation, indicating efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved, with assets growing from $2,257,515 in 2014 to $2,910,359 in 2023. Revenue and expenses have fluctuated but consistently resulted in a surplus, contributing to asset growth.
What is the trend in liabilities for Nanak Naam Jahaj Gurudwara Inc?
Liabilities have significantly decreased over time, from $660,564 in 2014 to $0 in 2023, indicating a strong reduction in debt and improved financial stability.
Filing History
IRS 990 filing history for Nanak Naam Jahaj Gurudwara Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nanak Naam Jahaj Gurudwara Inc's revenue has declined by 17.4%, moving from $523K to $432K. Total assets increased by 473.3% over the same period, from $508K to $2.9M. Total functional expenses rose by 28.6%, from $210K to $271K. In its most recent filing year (2023), Nanak Naam Jahaj Gurudwara Inc reported a surplus of $161K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $432K | $271K | $2.9M | $0 | — | — |
| 2022 | $355K | $241K | $2.7M | $694 | — | — |
| 2021 | $360K | $212K | $2.6M | $0 | — | View 990 |
| 2020 | $249K | $192K | $2.5M | $9K | — | — |
| 2019 | $374K | $255K | $2.4M | $876 | — | View 990 |
| 2018 | $430K | $258K | $2.3M | $4K | — | View 990 |
| 2017 | $501K | $279K | $2.1M | $5K | — | View 990 |
| 2016 | $489K | $324K | $2.2M | $273K | — | View 990 |
| 2015 | $579K | $424K | $2.2M | $463K | — | View 990 |
| 2014 | $588K | $334K | $2.3M | $661K | — | View 990 |
| 2013 | $674K | $259K | $2.2M | $835K | — | View 990 |
| 2012 | $628K | $208K | $1.9M | $930K | — | View 990 |
| 2011 | $523K | $210K | $508K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $432K, expenses of $271K, and assets of $2.9M (revenue +21.6% year-over-year).
- 2022: Revenue of $355K, expenses of $241K, and assets of $2.7M (revenue -1.3% year-over-year).
- 2021: Revenue of $360K, expenses of $212K, and assets of $2.6M (revenue +44.4% year-over-year).
- 2020: Revenue of $249K, expenses of $192K, and assets of $2.5M (revenue -33.4% year-over-year).
- 2019: Revenue of $374K, expenses of $255K, and assets of $2.4M (revenue -12.9% year-over-year).
- 2018: Revenue of $430K, expenses of $258K, and assets of $2.3M (revenue -14.3% year-over-year).
- 2017: Revenue of $501K, expenses of $279K, and assets of $2.1M (revenue +2.5% year-over-year).
- 2016: Revenue of $489K, expenses of $324K, and assets of $2.2M (revenue -15.5% year-over-year).
- 2015: Revenue of $579K, expenses of $424K, and assets of $2.2M (revenue -1.5% year-over-year).
- 2014: Revenue of $588K, expenses of $334K, and assets of $2.3M (revenue -12.8% year-over-year).
- 2013: Revenue of $674K, expenses of $259K, and assets of $2.2M (revenue +7.2% year-over-year).
- 2012: Revenue of $628K, expenses of $208K, and assets of $1.9M (revenue +20.2% year-over-year).
- 2011: Revenue of $523K, expenses of $210K, and assets of $508K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nanak Naam Jahaj Gurudwara Inc:
Data Sources and Methodology
This transparency report for Nanak Naam Jahaj Gurudwara 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.