Broadway Family Center Inc
Broadway Family Center: Consistent Revenue, High Expenses, and Low Asset Growth
EIN: 221860413 · Camden, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $995K |
| Program Spending | 70% |
| Net Assets | $50K |
| Transparency Score | 65/100 |
Is Broadway Family Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Broadway Family Center Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Broadway Family Center Inc
Broadway Family Center Inc (EIN: 221860413) is a nonprofit organization based in Camden, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Broadway Family Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Broadway Family Center Inc is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $995K |
| Surplus / Deficit | +$57K |
| Total Assets | $163K |
| Total Liabilities | $113K |
| Net Assets | $50K |
| Operating Margin | 5.4% |
| Debt-to-Asset Ratio | 69.2% |
| Months of Reserves | 2.0 months |
Financial Health Grade: B
In 2015, Broadway Family Center Inc reported a surplus of $57K with revenue exceeding expenses, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 69.2% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Broadway Family Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +-0.0% | -5.9% | +24.6% |
| 2014 | +8.9% | +9.5% | -18.2% |
| 2013 | +13.7% | +1.2% | +172.3% |
| 2012 | -7.9% | -1.9% | -62.3% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Broadway Family Center Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Broadway Family Center Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 69.2%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific salary figures from the filings.
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 Broadway Family Center Inc's IRS 990 filings:
- Expenses frequently exceed revenue, leading to negative net income in multiple years (e.g., 2014: $1,058,027 expenses vs. $1,052,672 revenue).
- Asset growth is inconsistent and relatively low, with assets decreasing from $159,783 in 2013 to $130,678 in 2014.
- The organization's net assets (assets minus liabilities) have fluctuated significantly, indicating potential financial instability.
Strengths
The following positive indicators were identified for Broadway Family Center Inc:
- Consistent revenue generation over the years, averaging around $900,000 - $1,000,000 annually.
- Maintains a relatively stable liability level, suggesting controlled debt.
Frequently Asked Questions about Broadway Family Center Inc
Is Broadway Family Center Inc a legitimate charity?
Broadway Family Center Inc (EIN: 221860413) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Broadway Family Center Inc spend its money?
Broadway Family Center Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Broadway Family Center Inc tax-deductible?
Broadway Family Center Inc is registered as a tax-exempt nonprofit (EIN: 221860413). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Broadway Family Center Inc's spending goes to programs?
Broadway Family Center Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Broadway Family Center Inc located?
Broadway Family Center Inc is headquartered in Camden, New Jersey and files with the IRS under EIN 221860413.
How many years of IRS 990 filings does Broadway Family Center Inc have?
Broadway Family Center Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Broadway Family Center Inc do?
Broadway Family Center Inc is a nonprofit organization in the Unknown sector, located in Camden, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Broadway Family Center Inc have?
Broadway Family Center Inc reported total revenue of N/A. Based on 5 IRS 990 filings on record.
What are Broadway Family Center Inc's total assets?
Broadway Family Center Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Broadway Family Center Inc located?
Broadway Family Center Inc is based in Camden, New Jersey.
What is Broadway Family Center Inc's EIN?
Broadway Family Center Inc's Employer Identification Number (EIN) is 221860413. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Broadway Family Center Inc?
Broadway Family Center Inc is classified under NTEE code Unknown (Unknown).
Is Broadway Family Center Inc a registered 501(c)(3)?
Broadway Family Center Inc appears in IRS records (EIN: 221860413). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Broadway Family Center Inc file IRS Form 990?
Yes, Broadway Family Center Inc has 5 IRS Form 990 filings on record. The most recent covers tax period 201504.
What was Broadway Family Center Inc's revenue in 2015?
In the 201504 filing period, Broadway Family Center Inc reported total revenue of $1,052,368, total expenses of $995,278, and net assets of $162,798.
Is Broadway Family Center Inc's revenue growing or declining?
Broadway Family Center Inc's revenue is relatively stable. Revenue went from $1,052,672 (201404) to $1,052,368 (201504), a -0.0% change. Based on 5 filings on record.
What is Broadway Family Center Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Broadway Family Center Inc covers tax period 201504. It shows revenue of $1,052,368, expenses of $995,278, total assets of $162,798, and liabilities of $112,648.
How much does Broadway Family Center Inc spend on programs vs administration?
Based on IRS 990 analysis, Broadway Family Center Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Broadway Family Center Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Broadway Family Center Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Broadway Family Center Inc?
The following concerns were identified: Expenses frequently exceed revenue, leading to negative net income in multiple years (e.g., 2014: $1,058,027 expenses vs. $1,052,672 revenue).. Asset growth is inconsistent and relatively low, with assets decreasing from $159,783 in 2013 to $130,678 in 2014.. The organization's net assets (assets minus liabilities) have fluctuated significantly, indicating potential financial instability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Broadway Family Center Inc's strengths?
Positive indicators for Broadway Family Center Inc include: Consistent revenue generation over the years, averaging around $900,000 - $1,000,000 annually.. Maintains a relatively stable liability level, suggesting controlled debt.. These findings are derived from AI analysis of the organization's financial filings.
How does Broadway Family Center Inc compensate executives?
Executive compensation cannot be assessed without specific salary figures from the filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What specific programs are being funded by the significant expenses, and what is their impact?
The provided data only shows total expenses (e.g., $995,278 in 2015) but lacks a breakdown of how these funds are allocated to specific programs, making it difficult to assess program effectiveness or efficiency.
Given the consistent negative net income in several years, how is the organization sustaining its operations?
While expenses often exceed revenue, the organization's liabilities remain relatively stable, and assets, though fluctuating, are maintained. This suggests potential reliance on prior year reserves, specific grants not fully captured in 'revenue' or other funding mechanisms not detailed in the provided summary.
Filing History
IRS 990 filing history for Broadway Family Center Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Broadway Family Center Inc's revenue has grown by 13.9%, moving from $924K to $1.1M. Total assets increased by 4.6% over the same period, from $156K to $163K. Total functional expenses rose by 2.3%, from $972K to $995K. In its most recent filing year (2015), Broadway Family Center Inc reported a surplus of $57K, with revenue exceeding expenses. The organization holds $113K in liabilities against $163K in assets (debt-to-asset ratio: 69.2%), resulting in net assets of $50K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $1.1M | $995K | $163K | $113K | — | View 990 |
| 2014 | $1.1M | $1.1M | $131K | $138K | — | View 990 |
| 2013 | $967K | $966K | $160K | $161K | — | View 990 |
| 2012 | $851K | $954K | $59K | $61K | — | View 990 |
| 2011 | $924K | $972K | $156K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $1.1M, expenses of $995K, and assets of $163K (revenue +-0.0% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $131K (revenue +8.9% year-over-year).
- 2013: Revenue of $967K, expenses of $966K, and assets of $160K (revenue +13.7% year-over-year).
- 2012: Revenue of $851K, expenses of $954K, and assets of $59K (revenue -7.9% year-over-year).
- 2011: Revenue of $924K, expenses of $972K, and assets of $156K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Broadway Family Center Inc:
Data Sources and Methodology
This transparency report for Broadway Family Center 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.