Seniors Job Bank Inc
EIN: 364748147 · West Hartford, CT · NTEE: J20
| Metric | Value |
|---|---|
| Total Revenue | $130K |
| Total Expenses | $87K |
| Net Assets | $304K |
Is Seniors Job Bank Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Seniors Job Bank Inc
Seniors Job Bank Inc (EIN: 364748147) is a nonprofit organization based in West Hartford, CT, classified under NTEE code J20. The organization reported total revenue of $130K and total assets of $346K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seniors Job Bank Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seniors Job Bank Inc is a small nonprofit that has been operating for 13 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $82K |
| Total Expenses | $87K |
| Surplus / Deficit | $-5,028 |
| Total Assets | $304K |
| Net Assets | $304K |
| Operating Margin | -6.2% |
| Months of Reserves | 42.1 months |
Financial Health Grade: B
In 2023, Seniors Job Bank Inc reported a deficit of $5K with expenses exceeding revenue, holds 42.1 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Seniors Job Bank Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.2% | +2.3% | -1.8% |
| 2022 | -28.0% | -8.9% | -9.9% |
| 2021 | +16.0% | +40.1% | +9.0% |
| 2020 | +11.8% | +2.3% | +29.7% |
| 2019 | +12.6% | -4.0% | +5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seniors Job Bank 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 Seniors Job Bank 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Seniors Job Bank Inc
Is Seniors Job Bank Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seniors Job Bank Inc (EIN: 364748147) insufficient data. 0 red flags identified, 0 strengths noted.
How does Seniors Job Bank Inc spend its money?
Detailed spending breakdown data is not yet available for Seniors Job Bank Inc. Check back for updated IRS 990 analysis.
Are donations to Seniors Job Bank Inc tax-deductible?
Seniors Job Bank Inc is registered as a tax-exempt nonprofit (EIN: 364748147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seniors Job Bank Inc located?
Seniors Job Bank Inc is headquartered in West Hartford, Connecticut and files with the IRS under EIN 364748147. It is classified under NTEE code J20.
How many years of IRS 990 filings does Seniors Job Bank Inc have?
Seniors Job Bank Inc has 11 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 $130K in total revenue.
Filing History
IRS 990 filing history for Seniors Job Bank Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Seniors Job Bank Inc's revenue has grown by 16%, moving from $70K to $82K. Total assets increased by 863.9% over the same period, from $32K to $304K. Total functional expenses rose by 122.9%, from $39K to $87K. In its most recent filing year (2023), Seniors Job Bank Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $82K | $87K | $304K | $0 | — | View 990 |
| 2022 | $66K | $85K | $309K | $0 | — | View 990 |
| 2021 | $91K | $93K | $343K | $0 | — | View 990 |
| 2020 | $79K | $66K | $315K | $9K | — | View 990 |
| 2019 | $70K | $65K | $243K | $0 | — | View 990 |
| 2018 | $63K | $68K | $230K | $0 | — | View 990 |
| 2017 | $207K | $39K | $257K | $0 | — | View 990 |
| 2016 | $44K | $34K | $82K | $0 | — | View 990 |
| 2015 | $43K | $40K | $69K | $0 | — | View 990 |
| 2014 | $72K | $38K | $66K | $0 | — | View 990 |
| 2013 | $70K | $39K | $32K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $82K, expenses of $87K, and assets of $304K (revenue +24.2% year-over-year).
- 2022: Revenue of $66K, expenses of $85K, and assets of $309K (revenue -28.0% year-over-year).
- 2021: Revenue of $91K, expenses of $93K, and assets of $343K (revenue +16.0% year-over-year).
- 2020: Revenue of $79K, expenses of $66K, and assets of $315K (revenue +11.8% year-over-year).
- 2019: Revenue of $70K, expenses of $65K, and assets of $243K (revenue +12.6% year-over-year).
- 2018: Revenue of $63K, expenses of $68K, and assets of $230K (revenue -69.8% year-over-year).
- 2017: Revenue of $207K, expenses of $39K, and assets of $257K (revenue +365.9% year-over-year).
- 2016: Revenue of $44K, expenses of $34K, and assets of $82K (revenue +2.2% year-over-year).
- 2015: Revenue of $43K, expenses of $40K, and assets of $69K (revenue -39.5% year-over-year).
- 2014: Revenue of $72K, expenses of $38K, and assets of $66K (revenue +2.1% year-over-year).
- 2013: Revenue of $70K, expenses of $39K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seniors Job Bank Inc:
Data Sources and Methodology
This transparency report for Seniors Job Bank 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.