Quick charity verification for Francis E Parker Memorial Home (EIN: 221589209)
Verdict: Francis E Parker Memorial Home appears trustworthy
75/100Mission Score
$12.1MRevenue
$14.2MAssets
2Red Flags
2Strengths
Red Flags
Significant asset fluctuations observed, with assets dropping from $1.57 billion in 2017 to $14.2 million in 2023, warranting further investigation into the nature of these assets and the reasons for such a dramatic change.
Expenses consistently exceed revenue in recent years (e.g., 2023 revenue $9.8M vs. expenses $31.3M), indicating reliance on other funding sources or asset drawdowns.
Strengths
Consistent revenue generation over the past five years, averaging around $8-9 million annually (excluding 2017-2018 anomalies).
Long-standing presence and operations in Piscataway, NJ, suggesting established community trust and service delivery.
AI Transparency Report
Francis E Parker Memorial Home is a health care nonprofit based in Piscataway, New Jersey, with reported revenue of $12.1M and assets of $14.2M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 15% to administration, and 5% to fundraising. Executive compensation cannot be assessed without specific compensation figures from the organization's Form 990 filings. Revenue has declined -92% across 13 filing periods.