Circassion Benevolent Association
Circassion Benevolent Association: Consistent Revenue, High Liabilities
EIN: 221752193 · Wayne, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $601K |
| Total Expenses | $221K |
| Program Spending | 70% |
| Net Assets | $2.4M |
| Transparency Score | 65/100 |
Is Circassion Benevolent Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Circassion Benevolent Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Circassion Benevolent Association
Circassion Benevolent Association (EIN: 221752193) is a nonprofit organization based in Wayne, NJ. The organization reported total revenue of $601K and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Circassion Benevolent Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Circassion Benevolent Association is a small nonprofit that has been operating for 61 years, with 6 years of IRS 990 filings on record (2016–2021). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $379K |
| Total Expenses | $221K |
| Surplus / Deficit | +$158K |
| Total Assets | $2.7M |
| Total Liabilities | $347K |
| Net Assets | $2.4M |
| Operating Margin | 41.8% |
| Debt-to-Asset Ratio | 12.7% |
| Months of Reserves | 148.1 months |
Financial Health Grade: A
In 2021, Circassion Benevolent Association reported a surplus of $158K with revenue exceeding expenses, holds 148.1 months of operating reserves (strong position), has a debt-to-asset ratio of 12.7% (very low leverage).
Financial Trends
Over 6 years of filings (2016–2021), Circassion Benevolent Association's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +46.7% | -24.7% | +0.6% |
| 2020 | +1.0% | +1.6% | -2.4% |
| 2019 | -13.5% | -9.3% | -1.6% |
| 2018 | +52.6% | +46.1% | -1.6% |
| 2017 | -42.1% | -6.6% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 1965 |
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 Circassion Benevolent Association 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, Circassion Benevolent Association allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $158K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.7%.
Executive Compensation Analysis
Executive compensation cannot be assessed as the provided data does not include specific compensation figures for executives.
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 Circassion Benevolent Association's IRS 990 filings:
- High and persistent liabilities relative to revenue, with $346,689 in 2021 against $378,819 revenue.
- Lack of detailed program spending breakdown within the provided financial data.
- No clear indication of how the organization is addressing its significant liabilities over time.
Strengths
The following positive indicators were identified for Circassion Benevolent Association:
- Consistent revenue generation over the past five years, averaging around $280,000 annually.
- Stable asset base, consistently above $2.6 million.
- Regular filing of financial documents, indicating compliance with reporting requirements.
Frequently Asked Questions about Circassion Benevolent Association
Is Circassion Benevolent Association a legitimate charity?
Circassion Benevolent Association (EIN: 221752193) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 6 years of IRS 990 filings on record. Total revenue: $601K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Circassion Benevolent Association spend its money?
Circassion Benevolent Association directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Circassion Benevolent Association tax-deductible?
Circassion Benevolent Association is registered as a tax-exempt nonprofit (EIN: 221752193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Circassion Benevolent Association's spending goes to programs?
Circassion Benevolent Association directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Circassion Benevolent Association located?
Circassion Benevolent Association is headquartered in Wayne, New Jersey and files with the IRS under EIN 221752193.
How many years of IRS 990 filings does Circassion Benevolent Association have?
Circassion Benevolent Association has 6 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 $601K in total revenue.
What does Circassion Benevolent Association do?
Circassion Benevolent Association is a nonprofit organization in the Unknown sector, located in Wayne, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Circassion Benevolent Association have?
Circassion Benevolent Association reported total revenue of $600,579. Based on 6 IRS 990 filings on record.
What are Circassion Benevolent Association's total assets?
Circassion Benevolent Association holds total assets of $2,636,800 as reported in IRS 990 filings.
Where is Circassion Benevolent Association located?
Circassion Benevolent Association is based in Wayne, New Jersey.
What is Circassion Benevolent Association's EIN?
Circassion Benevolent Association's Employer Identification Number (EIN) is 221752193. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Circassion Benevolent Association?
Circassion Benevolent Association is classified under NTEE code Unknown (Unknown).
Is Circassion Benevolent Association a registered 501(c)(3)?
Circassion Benevolent Association appears in IRS records (EIN: 221752193). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Circassion Benevolent Association file IRS Form 990?
Yes, Circassion Benevolent Association has 6 IRS Form 990 filings on record. The most recent covers tax period 202112.
What was Circassion Benevolent Association's revenue in 2021?
In the 202112 filing period, Circassion Benevolent Association reported total revenue of $378,819, total expenses of $220,660, and net assets of $2,723,321.
Is Circassion Benevolent Association's revenue growing or declining?
Circassion Benevolent Association's revenue is growing. Revenue went from $258,210 (202012) to $378,819 (202112), a +46.7% change. Based on 6 filings on record.
What is Circassion Benevolent Association's most recent 990 filing?
The most recent IRS Form 990 filing for Circassion Benevolent Association covers tax period 202112. It shows revenue of $378,819, expenses of $220,660, total assets of $2,723,321, and liabilities of $346,689.
How much does Circassion Benevolent Association spend on programs vs administration?
Based on IRS 990 analysis, Circassion Benevolent Association allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Circassion Benevolent Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Circassion Benevolent Association shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Circassion Benevolent Association?
The following concerns were identified: High and persistent liabilities relative to revenue, with $346,689 in 2021 against $378,819 revenue.. Lack of detailed program spending breakdown within the provided financial data.. No clear indication of how the organization is addressing its significant liabilities over time.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Circassion Benevolent Association's strengths?
Positive indicators for Circassion Benevolent Association include: Consistent revenue generation over the past five years, averaging around $280,000 annually.. Stable asset base, consistently above $2.6 million.. Regular filing of financial documents, indicating compliance with reporting requirements.. These findings are derived from AI analysis of the organization's financial filings.
How does Circassion Benevolent Association compensate executives?
Executive compensation cannot be assessed as the provided data does not include specific compensation figures for executives. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset base, what is the primary driver behind the persistently high liabilities, and what strategies are in place to reduce them?
The data does not specify the nature of the liabilities (e.g., mortgages, program-related debt). Without this detail, it's difficult to ascertain the primary driver or specific reduction strategies.
How does the organization's spending on programs (implied by 'x' in filings) translate into tangible community impact, and where can this impact be quantified?
The provided data only gives total expenses ('x'), not a breakdown of program spending. Therefore, the direct link to tangible community impact and its quantification is not discernible from these filings.
Filing History
IRS 990 filing history for Circassion Benevolent Association showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2021), Circassion Benevolent Association's revenue has grown by 13.3%, moving from $334K to $379K. Total assets decreased by 7.5% over the same period, from $2.9M to $2.7M. Total functional expenses fell by 5.2%, from $233K to $221K. In its most recent filing year (2021), Circassion Benevolent Association reported a surplus of $158K, with revenue exceeding expenses. The organization holds $347K in liabilities against $2.7M in assets (debt-to-asset ratio: 12.7%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $379K | $221K | $2.7M | $347K | — | — |
| 2020 | $258K | $293K | $2.7M | $488K | — | — |
| 2019 | $256K | $288K | $2.8M | $530K | — | View 990 |
| 2018 | $295K | $318K | $2.8M | $556K | — | View 990 |
| 2017 | $193K | $218K | $2.9M | $583K | — | View 990 |
| 2016 | $334K | $233K | $2.9M | $676K | — | — |
Year-by-Year Financial Summary
- 2021: Revenue of $379K, expenses of $221K, and assets of $2.7M (revenue +46.7% year-over-year).
- 2020: Revenue of $258K, expenses of $293K, and assets of $2.7M (revenue +1.0% year-over-year).
- 2019: Revenue of $256K, expenses of $288K, and assets of $2.8M (revenue -13.5% year-over-year).
- 2018: Revenue of $295K, expenses of $318K, and assets of $2.8M (revenue +52.6% year-over-year).
- 2017: Revenue of $193K, expenses of $218K, and assets of $2.9M (revenue -42.1% year-over-year).
- 2016: Revenue of $334K, expenses of $233K, and assets of $2.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Circassion Benevolent Association:
Data Sources and Methodology
This transparency report for Circassion Benevolent Association 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.