Is Friendship Circle A Nj Nonprofit Corporation Legit?
Quick charity verification for Friendship Circle A Nj Nonprofit Corporation (EIN: 203134401)
Verdict: Friendship Circle A Nj Nonprofit Corporation appears trustworthy
85/100Mission Score
$481KRevenue
$125KAssets
2Red Flags
3Strengths
Red Flags
Liabilities sometimes exceed assets (e.g., 2020: $154,824 liabilities vs. $132,111 assets), indicating potential financial vulnerability.
Expenses frequently exceed revenue (e.g., 2023: $412,132 expenses vs. $382,510 revenue), suggesting reliance on prior period surpluses or new funding to cover shortfalls.
Strengths
Consistent revenue growth over the past decade, from $174,113 in 2014 to $382,510 in 2023, indicating expanding support and operations.
0% officer compensation reported across all filings, demonstrating a strong commitment to directing funds towards the mission rather than executive salaries.
Steady increase in assets over time, from $5,841 in 2014 to $107,447 in 2023, showing some financial growth and capacity building.
Spending Breakdown
How Friendship Circle A Nj Nonprofit Corporation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Friendship Circle A Nj Nonprofit Corporation
Is Friendship Circle A Nj Nonprofit Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Friendship Circle A Nj Nonprofit Corporation (EIN: 203134401) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Friendship Circle A Nj Nonprofit Corporation a good charity to donate to?
Friendship Circle A Nj Nonprofit Corporation has a Mission Score of 85/100. Revenue: $481K. Assets: $125K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friendship Circle A Nj Nonprofit Corporation?
The Employer Identification Number (EIN) for Friendship Circle A Nj Nonprofit Corporation is 203134401. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Friendship Circle A Nj Nonprofit Corporation spend its money?
Friendship Circle A Nj Nonprofit Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friendship Circle A Nj Nonprofit Corporation's tax-exempt status?
You can verify Friendship Circle A Nj Nonprofit Corporation's tax-exempt status using EIN 203134401 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Friendship Circle A Nj Nonprofit Corporation demonstrates consistent growth in revenue and expenses over the past decade, indicating an expanding operational scope. For instance, revenue grew from $174,113 in 2014 to $382,510 in 2023. The organization generally operates with a lean financial structure, often spending close to or slightly more than its annual revenue, as seen in 2023 where expenses were $412,132 against $382,510 in revenue. This suggests a focus on direct program delivery rather than accumulating large reserves.
The organization's asset base has shown growth, from $5,841 in 2014 to $107,447 in 2023, though liabilities have also fluctuated, sometimes exceeding assets, such as in 2020 ($132,111 assets vs. $154,824 liabilities). This indicates a reliance on current funding for operations. A key strength is the consistent reporting of 0% officer compensation across all available filings, which speaks to a volunteer-driven leadership or very modest compensation structures, enhancing donor confidence in funds being directed towards the mission.
While the filings consistently show 0% officer compensation, the detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data. However, the overall financial trend suggests a commitment to its mission given the tight operational margins and lack of executive compensation. Further transparency on the functional expense breakdown would provide a clearer picture of spending efficiency.