Atlantic Cape Family Support Organization Inc
Atlantic Cape Family Support Organization consistently operates near break-even with no reported officer compensation.
EIN: 10562891 · Northfield, NJ · NTEE: P40 · Updated: 2026-03-26
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $140K |
| Transparency Score | 92/100 |
Is Atlantic Cape Family Support Organization Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Atlantic Cape Family Support Organization Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Atlantic Cape Family Support Organization Inc
Atlantic Cape Family Support Organization Inc (EIN: 10562891) is a nonprofit organization based in Northfield, NJ, classified under NTEE code P40. The organization reported total revenue of $1.1M and total assets of $301K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Atlantic Cape Family Support Organization Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Atlantic Cape Family Support Organization Inc is a mid-size nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-10,260 |
| Total Assets | $251K |
| Total Liabilities | $111K |
| Net Assets | $140K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 44.3% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2024, Atlantic Cape Family Support Organization Inc reported a deficit of $10K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 44.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Atlantic Cape Family Support Organization Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +15.4% | +18.6% | -29.2% |
| 2023 | -3.0% | -2.7% | -11.9% |
| 2022 | +16.6% | +16.4% | +29.0% |
| 2021 | -4.8% | -3.6% | +23.4% |
| 2020 | -6.9% | -9.8% | +106.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Atlantic Cape Family Support Organization Inc with a Mission Score of 92 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, Atlantic Cape Family Support Organization Inc 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 44.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, which is highly commendable for an organization of its size with over $1 million in annual revenue.
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 Atlantic Cape Family Support Organization Inc's IRS 990 filings:
- Slight operational deficit in the latest period (202406: Expenses $1,140,467 > Revenue $1,130,207)
- Fluctuating asset levels, with a decrease from $401,828 in 202206 to $250,624 in 202406
Strengths
The following positive indicators were identified for Atlantic Cape Family Support Organization Inc:
- Consistent reporting of 0% officer compensation across all filings
- Long history of IRS 990 filings (14 filings) demonstrating transparency and compliance
- Stable revenue generation around $1 million annually over multiple years
- Strong program focus implied by zero executive compensation and consistent operational spending
Frequently Asked Questions about Atlantic Cape Family Support Organization Inc
Is Atlantic Cape Family Support Organization Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Atlantic Cape Family Support Organization Inc (EIN: 10562891) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Atlantic Cape Family Support Organization Inc spend its money?
Atlantic Cape Family Support Organization Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Atlantic Cape Family Support Organization Inc tax-deductible?
Atlantic Cape Family Support Organization Inc is registered as a tax-exempt nonprofit (EIN: 10562891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Atlantic Cape Family Support Organization Inc CEO make?
Atlantic Cape Family Support Organization Inc's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Atlantic Cape Family Support Organization Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Atlantic Cape Family Support Organization Inc is above average for NTEE category P40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Atlantic Cape Family Support Organization Inc located?
Atlantic Cape Family Support Organization Inc is headquartered in Northfield, New Jersey and files with the IRS under EIN 10562891. It is classified under NTEE code P40.
How many years of IRS 990 filings does Atlantic Cape Family Support Organization Inc have?
Atlantic Cape Family Support Organization Inc has 14 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 $1.1M in total revenue.
Is Atlantic Cape Family Support Organization Inc a good charity?
Based on the available IRS 990 data, Atlantic Cape Family Support Organization Inc appears to be a very good charity. It consistently operates with revenues around $1 million, and critically, reports 0% officer compensation, meaning all funds are directed to operations and programs. This indicates high efficiency and a strong commitment to its mission.
How does the organization manage its liabilities?
Liabilities have varied, from $56,121 in 201906 to $269,551 in 202206, and are $111,000 in the latest 202406 filing. While they represent a significant portion of assets at times, the organization has consistently managed to operate and maintain positive net assets, suggesting prudent financial management.
What is the trend in the organization's assets?
Assets have shown growth over time, from $102,952 in 201706 to $250,624 in 202406, though there was a peak of $401,828 in 202206. This indicates a general trend of building financial reserves, albeit with some fluctuations.
Filing History
IRS 990 filing history for Atlantic Cape Family Support Organization Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Atlantic Cape Family Support Organization Inc's revenue has grown by 94.5%, moving from $581K to $1.1M. Total assets increased by 307.2% over the same period, from $62K to $251K. Total functional expenses rose by 91.4%, from $596K to $1.1M. In its most recent filing year (2024), Atlantic Cape Family Support Organization Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $111K in liabilities against $251K in assets (debt-to-asset ratio: 44.3%), resulting in net assets of $140K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $1.1M | $251K | $111K | — | View 990 |
| 2023 | $979K | $962K | $354K | $204K | — | View 990 |
| 2022 | $1.0M | $989K | $402K | $270K | — | View 990 |
| 2021 | $866K | $849K | $312K | $201K | — | View 990 |
| 2020 | $910K | $882K | $252K | $158K | — | View 990 |
| 2019 | $978K | $978K | $122K | $56K | — | View 990 |
| 2018 | $1.0M | $1.0M | $118K | $52K | — | View 990 |
| 2017 | $949K | $949K | $103K | $48K | — | View 990 |
| 2016 | $858K | $859K | $136K | $80K | — | View 990 |
| 2015 | $864K | $859K | $131K | $74K | — | View 990 |
| 2014 | $869K | $842K | $140K | $88K | — | View 990 |
| 2013 | $644K | $630K | $69K | $44K | — | View 990 |
| 2012 | $599K | $613K | $53K | $42K | — | View 990 |
| 2011 | $581K | $596K | $62K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.1M, expenses of $1.1M, and assets of $251K (revenue +15.4% year-over-year).
- 2023: Revenue of $979K, expenses of $962K, and assets of $354K (revenue -3.0% year-over-year).
- 2022: Revenue of $1.0M, expenses of $989K, and assets of $402K (revenue +16.6% year-over-year).
- 2021: Revenue of $866K, expenses of $849K, and assets of $312K (revenue -4.8% year-over-year).
- 2020: Revenue of $910K, expenses of $882K, and assets of $252K (revenue -6.9% year-over-year).
- 2019: Revenue of $978K, expenses of $978K, and assets of $122K (revenue -6.3% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.0M, and assets of $118K (revenue +9.9% year-over-year).
- 2017: Revenue of $949K, expenses of $949K, and assets of $103K (revenue +10.6% year-over-year).
- 2016: Revenue of $858K, expenses of $859K, and assets of $136K (revenue -0.7% year-over-year).
- 2015: Revenue of $864K, expenses of $859K, and assets of $131K (revenue -0.6% year-over-year).
- 2014: Revenue of $869K, expenses of $842K, and assets of $140K (revenue +34.9% year-over-year).
- 2013: Revenue of $644K, expenses of $630K, and assets of $69K (revenue +7.5% year-over-year).
- 2012: Revenue of $599K, expenses of $613K, and assets of $53K (revenue +3.1% year-over-year).
- 2011: Revenue of $581K, expenses of $596K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Atlantic Cape Family Support Organization Inc:
Data Sources and Methodology
This transparency report for Atlantic Cape Family Support Organization 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.