African American Office Of Gay Concerns
EIN: 223767952 · Newark, NJ · NTEE: G81
| Metric | Value |
|---|---|
| Total Revenue | $338K |
| Total Expenses | $309K |
| Net Assets | $48K |
Is African American Office Of Gay Concerns Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About African American Office Of Gay Concerns
African American Office Of Gay Concerns (EIN: 223767952) is a nonprofit organization based in Newark, NJ, classified under NTEE code G81. The organization reported total revenue of $338K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of African American Office Of Gay Concerns's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
African American Office Of Gay Concerns is a small nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2010–2021). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $338K |
| Total Expenses | $309K |
| Surplus / Deficit | +$30K |
| Total Assets | $141K |
| Total Liabilities | $93K |
| Net Assets | $48K |
| Operating Margin | 8.8% |
| Debt-to-Asset Ratio | 66.1% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2021, African American Office Of Gay Concerns reported a surplus of $30K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate), has a debt-to-asset ratio of 66.1% (high leverage).
Financial Trends
Over 12 years of filings (2010–2021), African American Office Of Gay Concerns's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +0.7% | -7.7% | +17.0% |
| 2020 | -8.2% | -5.8% | +35.2% |
| 2019 | +8.9% | +6.3% | +136.3% |
| 2018 | +3.4% | +2.9% | +2.5% |
| 2017 | +7.7% | +7.5% | +12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for African American Office Of Gay Concerns 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 African American Office Of Gay Concerns 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 66.1%.
Frequently Asked Questions about African American Office Of Gay Concerns
Is African American Office Of Gay Concerns a legitimate charity?
African American Office Of Gay Concerns (EIN: 223767952) is a registered tax-exempt nonprofit based in New Jersey. It has 12 years of IRS 990 filings on record. Total revenue: $338K. No red flags identified. Financial health grade: A.
How does African American Office Of Gay Concerns spend its money?
African American Office Of Gay Concerns reported $338K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to African American Office Of Gay Concerns tax-deductible?
African American Office Of Gay Concerns is registered as a tax-exempt nonprofit (EIN: 223767952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is African American Office Of Gay Concerns located?
African American Office Of Gay Concerns is headquartered in Newark, New Jersey and files with the IRS under EIN 223767952. It is classified under NTEE code G81.
How many years of IRS 990 filings does African American Office Of Gay Concerns have?
African American Office Of Gay Concerns has 12 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 $338K in total revenue.
Filing History
IRS 990 filing history for African American Office Of Gay Concerns showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2021), African American Office Of Gay Concerns's revenue has declined by 39.5%, moving from $560K to $338K. Total assets increased by 51.2% over the same period, from $93K to $141K. Total functional expenses fell by 44.2%, from $554K to $309K. In its most recent filing year (2021), African American Office Of Gay Concerns reported a surplus of $30K, with revenue exceeding expenses. The organization holds $93K in liabilities against $141K in assets (debt-to-asset ratio: 66.1%), resulting in net assets of $48K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $338K | $309K | $141K | $93K | — | View 990 |
| 2020 | $336K | $334K | $120K | $102K | — | View 990 |
| 2019 | $366K | $355K | $89K | $73K | — | View 990 |
| 2018 | $337K | $334K | $38K | $33K | — | View 990 |
| 2017 | $326K | $324K | $37K | $35K | — | View 990 |
| 2016 | $302K | $302K | $33K | $32K | — | View 990 |
| 2015 | $314K | $311K | $15K | $14K | — | View 990 |
| 2014 | $285K | $285K | $23K | $26K | — | View 990 |
| 2013 | $287K | $289K | $12K | $14K | — | View 990 |
| 2012 | $236K | $238K | $8K | $9K | — | View 990 |
| 2011 | $354K | $352K | $34K | $33K | — | — |
| 2010 | $560K | $554K | $93K | $93K | — | — |
Year-by-Year Financial Summary
- 2021: Revenue of $338K, expenses of $309K, and assets of $141K (revenue +0.7% year-over-year).
- 2020: Revenue of $336K, expenses of $334K, and assets of $120K (revenue -8.2% year-over-year).
- 2019: Revenue of $366K, expenses of $355K, and assets of $89K (revenue +8.9% year-over-year).
- 2018: Revenue of $337K, expenses of $334K, and assets of $38K (revenue +3.4% year-over-year).
- 2017: Revenue of $326K, expenses of $324K, and assets of $37K (revenue +7.7% year-over-year).
- 2016: Revenue of $302K, expenses of $302K, and assets of $33K (revenue -3.8% year-over-year).
- 2015: Revenue of $314K, expenses of $311K, and assets of $15K (revenue +10.4% year-over-year).
- 2014: Revenue of $285K, expenses of $285K, and assets of $23K (revenue -1.0% year-over-year).
- 2013: Revenue of $287K, expenses of $289K, and assets of $12K (revenue +21.5% year-over-year).
- 2012: Revenue of $236K, expenses of $238K, and assets of $8K (revenue -33.1% year-over-year).
- 2011: Revenue of $354K, expenses of $352K, and assets of $34K (revenue -36.8% year-over-year).
- 2010: Revenue of $560K, expenses of $554K, and assets of $93K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for African American Office Of Gay Concerns:
Data Sources and Methodology
This transparency report for African American Office Of Gay Concerns 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.