Umh Jgj Corp

Umh Jgj Corp faces significant financial challenges with declining revenue and growing liabilities.

EIN: 161421888 · Binghamton, NY · Updated: 2026-03-28

$5.6MRevenue

$5.8MAssets

45/100Mission Score (Fair)

About Umh Jgj Corp

Umh Jgj Corp (EIN: 161421888) is a nonprofit organization based in Binghamton, NY. The organization reported total revenue of $5.6M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Umh Jgj Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Umh Jgj Corp has experienced a significant decline in financial health over the past few years. Revenue has dropped from a peak of $13.3 million in 2019 to $6.4 million in 2023, while expenses have frequently exceeded revenue, leading to a negative net position. For instance, in 2023, expenses of $9.3 million far outstripped revenue of $6.4 million. The organization's liabilities have also grown substantially, reaching $8.2 million in 2023, surpassing its assets of $4.9 million, indicating a precarious financial state. The consistent reporting of 0% officer compensation suggests either a fully volunteer-run leadership or that compensation is reported under other expense categories, which could impact transparency regarding executive pay practices. Without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency, but the consistent operating deficits are a major concern.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Umh Jgj Corp 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: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Umh Jgj Corp allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity with annual expenses in the millions. This suggests that executive compensation might be categorized differently or that the organization relies entirely on unpaid leadership, which, if true, is commendable but warrants further investigation for complete transparency.

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 Umh Jgj Corp's IRS 990 filings:

Significant and consistent operating deficits (e.g., $2.8 million in 2023, $3.0 million in 2022).
Declining revenue trend from $13.3 million in 2019 to $6.4 million in 2023.
Liabilities ($8.2 million in 2023) exceeding assets ($4.9 million in 2023), indicating insolvency.
Unexplained 0% officer compensation for an organization of this size and expense level.

Strengths

The following positive indicators were identified for Umh Jgj Corp:

Consistent filing history, indicating compliance with IRS reporting requirements.

Frequently Asked Questions about Umh Jgj Corp

What is the cause of the significant decline in revenue and increasing liabilities since 2019?

The filings show a consistent downward trend in revenue from $13.3 million in 2019 to $6.4 million in 2023, while liabilities have increased from $6.1 million to $8.2 million in the same period. Understanding the operational or external factors driving this trend is crucial.

How does Umh Jgj Corp plan to address its growing liabilities and negative net assets?

With liabilities exceeding assets in 2023 ($8.2 million vs. $4.9 million), the organization is in a financially vulnerable position. A clear strategy for debt reduction and asset growth is necessary.

Why is officer compensation consistently reported as 0%?

While potentially a sign of volunteer leadership, for an organization with multi-million dollar expenses, it's important to understand if executive functions are truly unpaid or if compensation is reported under other expense lines, which could obscure a full picture of administrative costs.

What are the specific program activities and their associated costs?

Without a detailed breakdown of expenses, it's difficult to assess the efficiency and impact of program spending. Understanding the nature and cost of programs is key to evaluating mission effectiveness.

Filing History

IRS 990 filing history for Umh Jgj Corp showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Umh Jgj Corp's revenue has declined by 41%, moving from $11.0M to $6.5M. Total assets decreased by 22.3% over the same period, from $6.3M to $4.9M. Total functional expenses fell by 12%, from $10.6M to $9.3M. In its most recent filing year (2023), Umh Jgj Corp reported a deficit of $2.9M, with expenses exceeding revenue. The organization holds $8.3M in liabilities against $4.9M in assets (debt-to-asset ratio: 168.4%), resulting in net assets of $-3,364,572.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$6.5M	$9.3M	$4.9M	$8.3M	—	—
2022	$9.3M	$12.3M	$5.7M	$6.2M	—	View 990
2021	$12.9M	$12.4M	$8.3M	$5.5M	—	View 990
2020	$13.2M	$14.0M	$8.3M	$6.1M	—	View 990
2019	$13.3M	$13.0M	$9.1M	$6.1M	—	View 990
2018	$13.1M	$13.0M	$8.9M	$6.3M	—	View 990
2017	$12.4M	$12.9M	$9.6M	$7.0M	—	—
2016	$11.6M	$12.9M	$10.5M	$7.5M	—	View 990
2015	$11.0M	$12.5M	$11.3M	$7.1M	—	View 990
2014	$10.9M	$11.4M	$11.6M	$5.8M	—	View 990
2013	$10.9M	$10.8M	$8.0M	$1.7M	—	View 990
2012	$11.0M	$10.6M	$6.8M	$708K	—	View 990
2011	$11.0M	$10.6M	$6.3M	$658K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $6.5M, expenses of $9.3M, and assets of $4.9M (revenue -30.2% year-over-year).
2022: Revenue of $9.3M, expenses of $12.3M, and assets of $5.7M (revenue -28.4% year-over-year).
2021: Revenue of $12.9M, expenses of $12.4M, and assets of $8.3M (revenue -1.9% year-over-year).
2020: Revenue of $13.2M, expenses of $14.0M, and assets of $8.3M (revenue -0.9% year-over-year).
2019: Revenue of $13.3M, expenses of $13.0M, and assets of $9.1M (revenue +1.5% year-over-year).
2018: Revenue of $13.1M, expenses of $13.0M, and assets of $8.9M (revenue +5.4% year-over-year).
2017: Revenue of $12.4M, expenses of $12.9M, and assets of $9.6M (revenue +7.5% year-over-year).
2016: Revenue of $11.6M, expenses of $12.9M, and assets of $10.5M (revenue +5.6% year-over-year).
2015: Revenue of $11.0M, expenses of $12.5M, and assets of $11.3M (revenue +0.7% year-over-year).
2014: Revenue of $10.9M, expenses of $11.4M, and assets of $11.6M (revenue +-0.0% year-over-year).
2013: Revenue of $10.9M, expenses of $10.8M, and assets of $8.0M (revenue -1.1% year-over-year).
2012: Revenue of $11.0M, expenses of $10.6M, and assets of $6.8M (revenue +0.4% year-over-year).
2011: Revenue of $11.0M, expenses of $10.6M, and assets of $6.3M.

Data Sources and Methodology

This transparency report for Umh Jgj Corp 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.