American Friends Of New College Ltd
American Friends Of New College Ltd shows fluctuating revenue and expenses with consistent zero officer compensation.
EIN: 132953688 · Malvern, PA · NTEE: Q112 · Updated: 2026-03-28
Is American Friends Of New College Ltd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Friends Of New College Ltd directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Friends Of New College Ltd
American Friends Of New College Ltd (EIN: 132953688) is a nonprofit organization based in Malvern, PA, classified under NTEE code Q112. The organization reported total revenue of $621K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of New College Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Friends Of New College Ltd with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, American Friends Of New College Ltd allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for donor confidence 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 American Friends Of New College Ltd's IRS 990 filings:
- Significant year-over-year revenue volatility, making financial planning challenging.
- Operating deficits in multiple years (e.g., 2023, 2021, 2019, 2016, 2015) indicate spending more than earned.
Strengths
The following positive indicators were identified for American Friends Of New College Ltd:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Zero reported liabilities across all filing periods, demonstrating strong financial solvency.
- Maintains a substantial asset base, even with fluctuations, providing a buffer against deficits.
Frequently Asked Questions about American Friends Of New College Ltd
Is American Friends Of New College Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, American Friends Of New College Ltd (EIN: 132953688) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does American Friends Of New College Ltd spend its money?
American Friends Of New College Ltd directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Friends Of New College Ltd tax-deductible?
American Friends Of New College Ltd is registered as a tax-exempt nonprofit (EIN: 132953688). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant revenue fluctuations, such as the drop from $4,016,388 in 2018 to $388,609 in 2020?
The IRS 990 data alone does not specify the exact causes, but such large fluctuations often point to reliance on a few major donors, specific grant cycles, or one-time capital campaigns rather than a broad, consistent funding base.
How does the organization manage its expenses during periods of revenue decline, such as in 2023 when expenses ($746,535) exceeded revenue ($622,144)?
In periods where expenses exceed revenue, the organization likely draws from its accumulated assets. For example, in 2023, assets decreased from $749,626 to $625,357, which could cover the deficit.
Given the NTEE code Q112 (International Development, Relief Services), how are the program expenses allocated?
The IRS 990 summary data does not provide a detailed breakdown of program expenses. Further analysis of the full 990 forms would be needed to understand specific program allocations within international development and relief services.
Filing History
IRS 990 filing history for American Friends Of New College Ltd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Friends Of New College Ltd's revenue has declined by 15.9%, moving from $740K to $622K. Total assets decreased by 38.1% over the same period, from $1.0M to $625K. Total functional expenses rose by 85.7%, from $402K to $747K. In its most recent filing year (2023), American Friends Of New College Ltd reported a deficit of $124K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $622K | $747K | $625K | $0 | — | — |
| 2022 | $891K | $603K | $750K | $0 | — | View 990 |
| 2021 | $539K | $864K | $2.3M | $0 | — | View 990 |
| 2020 | $389K | $8K | $2.6M | $0 | — | — |
| 2019 | $475K | $779K | $2.3M | $0 | — | View 990 |
| 2018 | $4.0M | $1.7M | $2.7M | $0 | — | View 990 |
| 2017 | $343K | $271K | $383K | $0 | — | — |
| 2016 | $757K | $2.7M | $312K | $0 | — | View 990 |
| 2015 | $510K | $642K | $2.2M | $0 | — | View 990 |
| 2014 | $3.3M | $1.5M | $2.4M | $0 | — | View 990 |
| 2013 | $1.3M | $1.1M | $527K | $0 | — | View 990 |
| 2012 | $814K | $1.5M | $338K | $0 | — | View 990 |
| 2011 | $740K | $402K | $1.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $622K, expenses of $747K, and assets of $625K (revenue -30.2% year-over-year).
- 2022: Revenue of $891K, expenses of $603K, and assets of $750K (revenue +65.4% year-over-year).
- 2021: Revenue of $539K, expenses of $864K, and assets of $2.3M (revenue +38.7% year-over-year).
- 2020: Revenue of $389K, expenses of $8K, and assets of $2.6M (revenue -18.2% year-over-year).
- 2019: Revenue of $475K, expenses of $779K, and assets of $2.3M (revenue -88.2% year-over-year).
- 2018: Revenue of $4.0M, expenses of $1.7M, and assets of $2.7M (revenue +1072.5% year-over-year).
- 2017: Revenue of $343K, expenses of $271K, and assets of $383K (revenue -54.8% year-over-year).
- 2016: Revenue of $757K, expenses of $2.7M, and assets of $312K (revenue +48.4% year-over-year).
- 2015: Revenue of $510K, expenses of $642K, and assets of $2.2M (revenue -84.6% year-over-year).
- 2014: Revenue of $3.3M, expenses of $1.5M, and assets of $2.4M (revenue +157.8% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.1M, and assets of $527K (revenue +58.0% year-over-year).
- 2012: Revenue of $814K, expenses of $1.5M, and assets of $338K (revenue +10.0% year-over-year).
- 2011: Revenue of $740K, expenses of $402K, and assets of $1.0M.
Data Sources and Methodology
This transparency report for American Friends Of New College Ltd 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.