Center For Family Resources Inc
Center For Family Resources Inc: Strong Program Spending, but Transparency Lacking
EIN: 222305341 · Ringwood, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $10.9M |
| Total Expenses | $11.2M |
| Program Spending | 85% |
| Net Assets | $6.3M |
| Transparency Score | 75/100 |
Is Center For Family Resources Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Center For Family Resources Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Center For Family Resources Inc
Center For Family Resources Inc (EIN: 222305341) is a nonprofit organization based in Ringwood, NJ. The organization reported total revenue of $10.9M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For Family Resources Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For Family Resources Inc is a large nonprofit that has been operating for 40 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.2M |
| Total Expenses | $11.2M |
| Surplus / Deficit | +$2.0M |
| Total Assets | $6.4M |
| Total Liabilities | $163K |
| Net Assets | $6.3M |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 6.9 months |
Financial Health Grade: A
In 2023, Center For Family Resources Inc reported a surplus of $2.0M with revenue exceeding expenses, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Center For Family Resources Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.7% | +13.9% | +38.8% |
| 2022 | -4.7% | +8.9% | -4.0% |
| 2021 | +6.5% | +5.2% | +17.7% |
| 2020 | +6.3% | +13.0% | +7.5% |
| 2019 | +18.2% | +6.6% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Center For Family Resources Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Center For Family Resources 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 $2.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
Executive compensation information is not readily available through public filings or the organization's website, preventing a detailed assessment of its reasonableness relative to the organization's size and mission.
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 Center For Family Resources Inc's IRS 990 filings:
- Lack of easily accessible detailed financial reports and Form 990s on their website.
- Absence of clear program outcome reporting.
- Limited information on leadership and governance structure online.
Strengths
The following positive indicators were identified for Center For Family Resources Inc:
- Consistent revenue generation over several years, indicating stable donor support.
- Positive asset growth from $3.3M in 2017 to $6.4M in 2023, demonstrating financial health.
- Low liability-to-asset ratio, suggesting good financial management.
Frequently Asked Questions about Center For Family Resources Inc
Is Center For Family Resources Inc a legitimate charity?
Center For Family Resources Inc (EIN: 222305341) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $10.9M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Center For Family Resources Inc spend its money?
Center For Family Resources Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Center For Family Resources Inc tax-deductible?
Center For Family Resources Inc is registered as a tax-exempt nonprofit (EIN: 222305341). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Center For Family Resources Inc's spending goes to programs?
Center For Family Resources Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Center For Family Resources Inc located?
Center For Family Resources Inc is headquartered in Ringwood, New Jersey and files with the IRS under EIN 222305341.
How many years of IRS 990 filings does Center For Family Resources Inc have?
Center For Family Resources Inc 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 $10.9M in total revenue.
What does Center For Family Resources Inc do?
Center For Family Resources Inc is a nonprofit organization in the Unknown sector, located in Ringwood, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Center For Family Resources Inc have?
Center For Family Resources Inc reported total revenue of $10,858,357. Based on 12 IRS 990 filings on record.
What are Center For Family Resources Inc's total assets?
Center For Family Resources Inc holds total assets of $5,674,434 as reported in IRS 990 filings.
Where is Center For Family Resources Inc located?
Center For Family Resources Inc is based in Ringwood, New Jersey.
What is Center For Family Resources Inc's EIN?
Center For Family Resources Inc's Employer Identification Number (EIN) is 222305341. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Center For Family Resources Inc?
Center For Family Resources Inc is classified under NTEE code Unknown (Unknown).
Is Center For Family Resources Inc a registered 501(c)(3)?
Center For Family Resources Inc appears in IRS records (EIN: 222305341). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Center For Family Resources Inc file IRS Form 990?
Yes, Center For Family Resources Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Center For Family Resources Inc's revenue in 2023?
In the 202308 filing period, Center For Family Resources Inc reported total revenue of $13,215,443, total expenses of $11,208,890, and net assets of $6,426,842.
Is Center For Family Resources Inc's revenue growing or declining?
Center For Family Resources Inc's revenue is growing. Revenue went from $9,195,275 (202208) to $13,215,443 (202308), a +43.7% change. Based on 12 filings on record.
What is Center For Family Resources Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Center For Family Resources Inc covers tax period 202308. It shows revenue of $13,215,443, expenses of $11,208,890, total assets of $6,426,842, and liabilities of $162,745.
How much does Center For Family Resources Inc spend on programs vs administration?
Based on IRS 990 analysis, Center For Family Resources Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Center For Family Resources Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Center For Family Resources Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Center For Family Resources Inc?
The following concerns were identified: Lack of easily accessible detailed financial reports and Form 990s on their website.. Absence of clear program outcome reporting.. Limited information on leadership and governance structure online.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Center For Family Resources Inc's strengths?
Positive indicators for Center For Family Resources Inc include: Consistent revenue generation over several years, indicating stable donor support.. Positive asset growth from $3.3M in 2017 to $6.4M in 2023, demonstrating financial health.. Low liability-to-asset ratio, suggesting good financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Center For Family Resources Inc compensate executives?
Executive compensation information is not readily available through public filings or the organization's website, preventing a detailed assessment of its reasonableness relative to the organization's size and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Center For Family Resources Inc?
- The organization's website does not readily provide detailed financial reports or Form 990s, making in-depth analysis challenging. - Information regarding specific program outcomes and impact metrics is not easily accessible to the public. - The lack of a clear 'About Us' or 'Leadership' section on their website hinders understanding of governance and key personnel. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent revenue and asset growth, what specific strategies does Center For Family Resources Inc employ to ensure these resources are directly translating into increased program impact for the community?
Without detailed program reports, it's difficult to ascertain the direct correlation between financial growth and program impact. Further investigation into their program delivery models and outcome measurement is needed.
How does the organization plan to enhance its digital transparency to provide stakeholders with easier access to financial documents, program results, and governance information?
The current online presence lacks a dedicated section for comprehensive transparency. Implementing a 'Financials' or 'Accountability' page with downloadable 990s and annual reports would significantly improve public trust and oversight.
Filing History
IRS 990 filing history for Center For Family Resources Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Center For Family Resources Inc's revenue has grown by 98.9%, moving from $6.6M to $13.2M. Total assets increased by 33.5% over the same period, from $4.8M to $6.4M. Total functional expenses rose by 76%, from $6.4M to $11.2M. In its most recent filing year (2023), Center For Family Resources Inc reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $163K in liabilities against $6.4M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.2M | $11.2M | $6.4M | $163K | — | View 990 |
| 2022 | $9.2M | $9.8M | $4.6M | $282K | — | View 990 |
| 2021 | $9.6M | $9.0M | $4.8M | $491K | — | View 990 |
| 2020 | $9.1M | $8.6M | $4.1M | $1.4M | — | View 990 |
| 2019 | $8.5M | $7.6M | $3.8M | $1.7M | — | View 990 |
| 2018 | $7.2M | $7.1M | $3.5M | $2.1M | — | View 990 |
| 2017 | $7.1M | $7.1M | $3.3M | $2.4M | — | View 990 |
| 2016 | $7.4M | $7.1M | $3.3M | $2.8M | — | View 990 |
| 2014 | $5.9M | $6.1M | $3.6M | $2.2M | — | View 990 |
| 2013 | $6.5M | $6.5M | $4.0M | $2.4M | — | View 990 |
| 2012 | $6.2M | $6.7M | $4.3M | $2.8M | — | View 990 |
| 2011 | $6.6M | $6.4M | $4.8M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.2M, expenses of $11.2M, and assets of $6.4M (revenue +43.7% year-over-year).
- 2022: Revenue of $9.2M, expenses of $9.8M, and assets of $4.6M (revenue -4.7% year-over-year).
- 2021: Revenue of $9.6M, expenses of $9.0M, and assets of $4.8M (revenue +6.5% year-over-year).
- 2020: Revenue of $9.1M, expenses of $8.6M, and assets of $4.1M (revenue +6.3% year-over-year).
- 2019: Revenue of $8.5M, expenses of $7.6M, and assets of $3.8M (revenue +18.2% year-over-year).
- 2018: Revenue of $7.2M, expenses of $7.1M, and assets of $3.5M (revenue +1.1% year-over-year).
- 2017: Revenue of $7.1M, expenses of $7.1M, and assets of $3.3M (revenue -3.1% year-over-year).
- 2016: Revenue of $7.4M, expenses of $7.1M, and assets of $3.3M (revenue +25.4% year-over-year).
- 2014: Revenue of $5.9M, expenses of $6.1M, and assets of $3.6M (revenue -9.9% year-over-year).
- 2013: Revenue of $6.5M, expenses of $6.5M, and assets of $4.0M (revenue +4.7% year-over-year).
- 2012: Revenue of $6.2M, expenses of $6.7M, and assets of $4.3M (revenue -6.4% year-over-year).
- 2011: Revenue of $6.6M, expenses of $6.4M, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For Family Resources Inc:
Data Sources and Methodology
This transparency report for Center For Family Resources 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.