The Janey Fund Charitable Trust
Janey Fund Charitable Trust consistently spends more than it earns, drawing down assets.
EIN: 112836564 · Boston, MA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $3.8M |
| Program Spending | 75% |
| Net Assets | $14.0M |
| Transparency Score | 45/100 |
Is The Janey Fund Charitable Trust Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Janey Fund Charitable Trust directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Janey Fund Charitable Trust
The Janey Fund Charitable Trust (EIN: 112836564) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $2.4M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Janey Fund Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Janey Fund Charitable Trust is a mid-size nonprofit that has been operating for 39 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -19.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $276K |
| Total Expenses | $3.8M |
| Surplus / Deficit | $-3,563,886 |
| Total Assets | $14.0M |
| Total Liabilities | $1 |
| Net Assets | $14.0M |
| Operating Margin | -1293.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 43.6 months |
Financial Health Grade: B
In 2023, The Janey Fund Charitable Trust reported a deficit of $3.6M with expenses exceeding revenue, holds 43.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), The Janey Fund Charitable Trust's revenue has declined at a compound annual growth rate (CAGR) of -19.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -74.1% | -12.7% | -20.3% |
| 2022 | +79.0% | -2.0% | -16.0% |
| 2021 | -96.3% | -18.8% | -15.7% |
| 2020 | +4379.1% | -10.1% | +71.5% |
| 2019 | -79.8% | +2.6% | -59.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 The Janey Fund Charitable Trust with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, The Janey Fund Charitable Trust allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $3.6M, 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 no officers or key employees receive salaries from the organization, which is highly favorable for donor perception and resource allocation.
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 The Janey Fund Charitable Trust's IRS 990 filings:
- Consistent and significant spending deficits (e.g., 2023 revenue $275,587 vs. expenses $3,839,473)
- Substantial decline in assets over time (from $39.4M in 2014 to $13.9M in 2023)
- Reliance on drawing down principal or large, infrequent contributions to cover expenses
- NTEE code is unknown, hindering understanding of mission focus
Strengths
The following positive indicators were identified for The Janey Fund Charitable Trust:
- 0% officer compensation reported across all filings, indicating efficient use of funds for leadership.
- Low liabilities reported ($1 across all periods), suggesting minimal debt burden.
Frequently Asked Questions about The Janey Fund Charitable Trust
Is The Janey Fund Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, The Janey Fund Charitable Trust (EIN: 112836564) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does The Janey Fund Charitable Trust spend its money?
The Janey Fund Charitable Trust directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Janey Fund Charitable Trust tax-deductible?
The Janey Fund Charitable Trust is registered as a tax-exempt nonprofit (EIN: 112836564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Janey Fund Charitable Trust's spending goes to programs?
The Janey Fund Charitable Trust directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Janey Fund Charitable Trust located?
The Janey Fund Charitable Trust is headquartered in Boston, Massachusetts and files with the IRS under EIN 112836564.
How many years of IRS 990 filings does The Janey Fund Charitable Trust have?
The Janey Fund Charitable Trust has 9 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 $2.4M in total revenue.
How does The Janey Fund Charitable Trust sustain its operations with consistent revenue deficits?
The organization appears to be sustaining operations by drawing down its asset base, as evidenced by the significant decline in assets from $39,458,179 in 2014 to $13,956,198 in 2023, while expenses consistently outpace revenue.
What caused the large revenue spikes in 2014 and 2020?
The filings do not provide specific details on the source of these large revenue spikes ($40,364,297 in 2014 and $15,844,698 in 2020), but they significantly impacted the organization's asset base and ability to cover expenses in those periods.
What are the primary program activities of The Janey Fund Charitable Trust?
The provided IRS 990 data does not detail specific program activities, but the NTEE code being 'Unknown' suggests further investigation into their mission and impact is needed.
Filing History
IRS 990 filing history for The Janey Fund Charitable Trust showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), The Janey Fund Charitable Trust's revenue has declined by 90.3%, moving from $2.8M to $276K. Total assets increased by 162% over the same period, from $5.3M to $14.0M. Total functional expenses fell by 22.6%, from $5.0M to $3.8M. In its most recent filing year (2023), The Janey Fund Charitable Trust reported a deficit of $3.6M, with expenses exceeding revenue. The organization holds $1 in liabilities against $14.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $14.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $276K | $3.8M | $14.0M | $1 | — | View 990 |
| 2022 | $1.1M | $4.4M | $17.5M | $1 | — | View 990 |
| 2021 | $594K | $4.5M | $20.9M | $1 | — | View 990 |
| 2020 | $15.8M | $5.5M | $24.7M | $1 | — | View 990 |
| 2019 | $354K | $6.1M | $14.4M | $1 | — | View 990 |
| 2015 | $1.7M | $6.0M | $35.2M | $1 | — | View 990 |
| 2014 | $40.4M | $5.0M | $39.5M | $1 | — | View 990 |
| 2013 | $3.7M | $4.9M | $4.1M | $1 | — | View 990 |
| 2012 | $2.8M | $5.0M | $5.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $276K, expenses of $3.8M, and assets of $14.0M (revenue -74.1% year-over-year).
- 2022: Revenue of $1.1M, expenses of $4.4M, and assets of $17.5M (revenue +79.0% year-over-year).
- 2021: Revenue of $594K, expenses of $4.5M, and assets of $20.9M (revenue -96.3% year-over-year).
- 2020: Revenue of $15.8M, expenses of $5.5M, and assets of $24.7M (revenue +4379.1% year-over-year).
- 2019: Revenue of $354K, expenses of $6.1M, and assets of $14.4M (revenue -79.8% year-over-year).
- 2015: Revenue of $1.7M, expenses of $6.0M, and assets of $35.2M (revenue -95.7% year-over-year).
- 2014: Revenue of $40.4M, expenses of $5.0M, and assets of $39.5M (revenue +981.1% year-over-year).
- 2013: Revenue of $3.7M, expenses of $4.9M, and assets of $4.1M (revenue +31.8% year-over-year).
- 2012: Revenue of $2.8M, expenses of $5.0M, and assets of $5.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Janey Fund Charitable Trust:
Data Sources and Methodology
This transparency report for The Janey Fund Charitable Trust 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.