Association Of Divorce Financial Planners Inc
Association Of Divorce Financial Planners Inc maintains strong asset growth and zero liabilities with volunteer leadership.
EIN: 113420188 · Greenwich, CT · NTEE: S41 · Updated: 2026-03-28
Is Association Of Divorce Financial Planners Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Association Of Divorce Financial Planners Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Association Of Divorce Financial Planners Inc
Association Of Divorce Financial Planners Inc (EIN: 113420188) is a nonprofit organization based in Greenwich, CT, classified under NTEE code S41. The organization reported total revenue of $41K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of Divorce Financial Planners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of Divorce Financial Planners Inc is a micro nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $29K |
| Surplus / Deficit | +$18K |
| Total Assets | $90K |
| Net Assets | $90K |
| Operating Margin | 38.0% |
| Months of Reserves | 37.5 months |
Financial Health Grade: A
In 2023, Association Of Divorce Financial Planners Inc reported a surplus of $18K with revenue exceeding expenses, holds 37.5 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2016–2023), Association Of Divorce Financial Planners Inc's revenue has declined at a compound annual growth rate (CAGR) of -11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.6% | -6.6% | +24.4% |
| 2022 | -34.6% | +1.6% | +13.0% |
| 2021 | +63.9% | +16.3% | +85.6% |
| 2020 | -30.5% | -38.3% | +43.3% |
| 2019 | -45.7% | -66.1% | +56.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association Of Divorce Financial Planners Inc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Association Of Divorce Financial Planners Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely volunteer-based or compensated through non-officer channels, which is highly efficient for an organization of its size.
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.
Strengths
The following positive indicators were identified for Association Of Divorce Financial Planners Inc:
- Consistent asset growth, from $43,438 in 2016 to $90,113 in 2023.
- Zero reported liabilities across all filing periods, indicating strong financial health.
- 0% officer compensation, suggesting efficient use of funds and potentially volunteer leadership.
- Consistent filing of IRS Form 990, demonstrating transparency.
- Positive net income in most recent periods, contributing to asset accumulation.
Frequently Asked Questions about Association Of Divorce Financial Planners Inc
Is Association Of Divorce Financial Planners Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Association Of Divorce Financial Planners Inc (EIN: 113420188) appears legitimate. Mission Score: 88/100. 0 red flags identified, 5 strengths noted.
How does Association Of Divorce Financial Planners Inc spend its money?
Association Of Divorce Financial Planners Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Association Of Divorce Financial Planners Inc tax-deductible?
Association Of Divorce Financial Planners Inc is registered as a tax-exempt nonprofit (EIN: 113420188). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Association Of Divorce Financial Planners Inc financially stable?
Yes, the organization is financially stable, consistently reporting zero liabilities and growing its assets from $43,438 in 2016 to $90,113 in 2023, indicating strong financial health.
How does the organization manage executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting that its executive leadership is volunteer-based or compensated through means not classified as officer compensation on the 990-EZ.
Has the organization's revenue been consistent?
Revenue has fluctuated, peaking at $109,916 in 2016 and most recently at $46,495 in 2023, but expenses have generally been managed to allow for asset growth.
Filing History
IRS 990 filing history for Association Of Divorce Financial Planners Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Association Of Divorce Financial Planners Inc's revenue has declined by 57.7%, moving from $110K to $46K. Total assets increased by 107.5% over the same period, from $43K to $90K. Total functional expenses fell by 70.3%, from $97K to $29K. In its most recent filing year (2023), Association Of Divorce Financial Planners Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46K | $29K | $90K | $0 | — | — |
| 2022 | $39K | $31K | $72K | $0 | — | — |
| 2021 | $60K | $30K | $64K | $0 | — | — |
| 2020 | $37K | $26K | $35K | $0 | — | View 990 |
| 2019 | $53K | $42K | $24K | $0 | — | View 990 |
| 2017 | $97K | $125K | $15K | $0 | — | View 990 |
| 2016 | $110K | $97K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46K, expenses of $29K, and assets of $90K (revenue +18.6% year-over-year).
- 2022: Revenue of $39K, expenses of $31K, and assets of $72K (revenue -34.6% year-over-year).
- 2021: Revenue of $60K, expenses of $30K, and assets of $64K (revenue +63.9% year-over-year).
- 2020: Revenue of $37K, expenses of $26K, and assets of $35K (revenue -30.5% year-over-year).
- 2019: Revenue of $53K, expenses of $42K, and assets of $24K (revenue -45.7% year-over-year).
- 2017: Revenue of $97K, expenses of $125K, and assets of $15K (revenue -11.9% year-over-year).
- 2016: Revenue of $110K, expenses of $97K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of Divorce Financial Planners Inc:
Data Sources and Methodology
This transparency report for Association Of Divorce Financial Planners Inc 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.