Composition Rofers No 10 Vacation Fund Of America 620
Composition Rofers No 10 Vacation Fund of America 620: Consistent Spending, Limited Transparency
EIN: 221550086 · Haledon, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $623K |
| Total Expenses | $774K |
| Program Spending | 78% |
| Net Assets | $15K |
| Transparency Score | 65/100 |
Is Composition Rofers No 10 Vacation Fund Of America 620 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Composition Rofers No 10 Vacation Fund Of America 620 directs 78% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Composition Rofers No 10 Vacation Fund Of America 620
Composition Rofers No 10 Vacation Fund Of America 620 (EIN: 221550086) is a nonprofit organization based in Haledon, NJ. The organization reported total revenue of $623K and total assets of $168K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Composition Rofers No 10 Vacation Fund Of America 620's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Composition Rofers No 10 Vacation Fund Of America 620 is a small nonprofit that has been operating for 62 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $782K |
| Total Expenses | $774K |
| Surplus / Deficit | +$8K |
| Total Assets | $222K |
| Total Liabilities | $206K |
| Net Assets | $15K |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 93.0% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, Composition Rofers No 10 Vacation Fund Of America 620 reported a surplus of $8K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 93.0% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Composition Rofers No 10 Vacation Fund Of America 620's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.7% | +9.3% | -2.3% |
| 2022 | +18.8% | +18.4% | +31.9% |
| 2021 | -18.7% | -19.0% | -20.6% |
| 2020 | +16.4% | +16.5% | +11.6% |
| 2019 | -2.7% | -2.7% | -18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 Composition Rofers No 10 Vacation Fund Of America 620 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: 22%
- programs: 78%
- fundraising: 0%
According to IRS 990 filings, Composition Rofers No 10 Vacation Fund Of America 620 allocates its expenses as follows: admin: 22%, programs: 78%, fundraising: 0%. With 78% 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 $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 93.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided financial data, making a direct assessment impossible.
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 Composition Rofers No 10 Vacation Fund Of America 620's IRS 990 filings:
- Consistent 0% fundraising expenses across multiple years raises questions about how funds are acquired or if certain costs are miscategorized.
- The organization's name 'Vacation Fund' implies a specific purpose, but the lack of detailed program information makes it difficult to assess its charitable activities.
- The provided data lacks specific details on executive compensation, which is a common area for scrutiny in nonprofit analysis.
Strengths
The following positive indicators were identified for Composition Rofers No 10 Vacation Fund Of America 620:
- The organization consistently spends a high percentage of its expenses on programs (e.g., 78% in 2023), indicating a focus on its stated mission.
- Total revenue has shown growth over the years, from $554,137 in 2017 to $781,603 in 2023.
- Administrative expenses have remained relatively stable as a percentage of total expenses.
Frequently Asked Questions about Composition Rofers No 10 Vacation Fund Of America 620
Is Composition Rofers No 10 Vacation Fund Of America 620 a legitimate charity?
Composition Rofers No 10 Vacation Fund Of America 620 (EIN: 221550086) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $623K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Composition Rofers No 10 Vacation Fund Of America 620 spend its money?
Composition Rofers No 10 Vacation Fund Of America 620 directs 78% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Composition Rofers No 10 Vacation Fund Of America 620 tax-deductible?
Composition Rofers No 10 Vacation Fund Of America 620 is registered as a tax-exempt nonprofit (EIN: 221550086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Composition Rofers No 10 Vacation Fund Of America 620 located?
Composition Rofers No 10 Vacation Fund Of America 620 is headquartered in Haledon, New Jersey and files with the IRS under EIN 221550086.
How many years of IRS 990 filings does Composition Rofers No 10 Vacation Fund Of America 620 have?
Composition Rofers No 10 Vacation Fund Of America 620 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 $623K in total revenue.
What does Composition Rofers No 10 Vacation Fund Of America 620 do?
Composition Rofers No 10 Vacation Fund Of America 620 is a nonprofit organization in the Unknown sector, located in Haledon, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Composition Rofers No 10 Vacation Fund Of America 620 have?
Composition Rofers No 10 Vacation Fund Of America 620 reported total revenue of $623,282. Based on 12 IRS 990 filings on record.
What are Composition Rofers No 10 Vacation Fund Of America 620's total assets?
Composition Rofers No 10 Vacation Fund Of America 620 holds total assets of $168,222 as reported in IRS 990 filings.
Where is Composition Rofers No 10 Vacation Fund Of America 620 located?
Composition Rofers No 10 Vacation Fund Of America 620 is based in Haledon, New Jersey.
What is Composition Rofers No 10 Vacation Fund Of America 620's EIN?
Composition Rofers No 10 Vacation Fund Of America 620's Employer Identification Number (EIN) is 221550086. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Composition Rofers No 10 Vacation Fund Of America 620?
Composition Rofers No 10 Vacation Fund Of America 620 is classified under NTEE code Unknown (Unknown).
Is Composition Rofers No 10 Vacation Fund Of America 620 a registered 501(c)(3)?
Composition Rofers No 10 Vacation Fund Of America 620 appears in IRS records (EIN: 221550086). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Composition Rofers No 10 Vacation Fund Of America 620 file IRS Form 990?
Yes, Composition Rofers No 10 Vacation Fund Of America 620 has 12 IRS Form 990 filings on record. The most recent covers tax period 202305.
What was Composition Rofers No 10 Vacation Fund Of America 620's revenue in 2023?
In the 202305 filing period, Composition Rofers No 10 Vacation Fund Of America 620 reported total revenue of $781,603, total expenses of $773,793, and net assets of $221,585.
Is Composition Rofers No 10 Vacation Fund Of America 620's revenue growing or declining?
Composition Rofers No 10 Vacation Fund Of America 620's revenue is growing. Revenue went from $712,428 (202205) to $781,603 (202305), a +9.7% change. Based on 12 filings on record.
What is Composition Rofers No 10 Vacation Fund Of America 620's most recent 990 filing?
The most recent IRS Form 990 filing for Composition Rofers No 10 Vacation Fund Of America 620 covers tax period 202305. It shows revenue of $781,603, expenses of $773,793, total assets of $221,585, and liabilities of $206,104.
How much does Composition Rofers No 10 Vacation Fund Of America 620 spend on programs vs administration?
Based on IRS 990 analysis, Composition Rofers No 10 Vacation Fund Of America 620 allocates approximately 78% of expenses to program services, 22% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Composition Rofers No 10 Vacation Fund Of America 620 a trustworthy charity?
Based on AI analysis of IRS 990 data, Composition Rofers No 10 Vacation Fund Of America 620 shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Composition Rofers No 10 Vacation Fund Of America 620?
The following concerns were identified: Consistent 0% fundraising expenses across multiple years raises questions about how funds are acquired or if certain costs are miscategorized.. The organization's name 'Vacation Fund' implies a specific purpose, but the lack of detailed program information makes it difficult to assess its charitable activities.. The provided data lacks specific details on executive compensation, which is a common area for scrutiny in nonprofit analysis.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Composition Rofers No 10 Vacation Fund Of America 620's strengths?
Positive indicators for Composition Rofers No 10 Vacation Fund Of America 620 include: The organization consistently spends a high percentage of its expenses on programs (e.g., 78% in 2023), indicating a focus on its stated mission.. Total revenue has shown growth over the years, from $554,137 in 2017 to $781,603 in 2023.. Administrative expenses have remained relatively stable as a percentage of total expenses.. These findings are derived from AI analysis of the organization's financial filings.
How does Composition Rofers No 10 Vacation Fund Of America 620 compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, making a direct assessment impossible. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Vacation Fund' designation and consistent 0% fundraising, what is the primary mechanism for revenue generation and how are beneficiaries selected?
The data suggests revenue is consistently generated, but without fundraising expenses, it implies either passive income, membership dues, or direct contributions not classified as fundraising. The selection process for beneficiaries of the 'vacation fund' is not disclosed.
How does the organization manage to maintain 0% fundraising expenses while still generating significant revenue year over year?
This could be due to a stable endowment, a highly dedicated volunteer base for fundraising, or revenue streams that are not classified as fundraising activities under IRS guidelines, such as investment income or specific grants that don't incur fundraising costs.
Filing History
IRS 990 filing history for Composition Rofers No 10 Vacation Fund Of America 620 showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Composition Rofers No 10 Vacation Fund Of America 620's revenue has grown by 20.4%, moving from $649K to $782K. Total assets increased by 13.5% over the same period, from $195K to $222K. Total functional expenses rose by 19.3%, from $649K to $774K. In its most recent filing year (2023), Composition Rofers No 10 Vacation Fund Of America 620 reported a surplus of $8K, with revenue exceeding expenses. The organization holds $206K in liabilities against $222K in assets (debt-to-asset ratio: 93.0%), resulting in net assets of $15K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $782K | $774K | $222K | $206K | — | View 990 |
| 2022 | $712K | $708K | $227K | $219K | — | View 990 |
| 2021 | $600K | $598K | $172K | $169K | — | — |
| 2020 | $737K | $739K | $216K | $215K | — | View 990 |
| 2019 | $634K | $634K | $194K | $191K | — | View 990 |
| 2018 | $651K | $651K | $238K | $234K | — | View 990 |
| 2017 | $554K | $554K | $212K | $209K | — | View 990 |
| 2016 | $584K | $583K | $196K | $193K | — | View 990 |
| 2015 | $556K | $556K | $193K | $190K | — | View 990 |
| 2014 | $561K | $561K | $195K | $192K | — | View 990 |
| 2013 | $489K | $489K | $163K | $161K | — | View 990 |
| 2012 | $649K | $649K | $195K | $193K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $782K, expenses of $774K, and assets of $222K (revenue +9.7% year-over-year).
- 2022: Revenue of $712K, expenses of $708K, and assets of $227K (revenue +18.8% year-over-year).
- 2021: Revenue of $600K, expenses of $598K, and assets of $172K (revenue -18.7% year-over-year).
- 2020: Revenue of $737K, expenses of $739K, and assets of $216K (revenue +16.4% year-over-year).
- 2019: Revenue of $634K, expenses of $634K, and assets of $194K (revenue -2.7% year-over-year).
- 2018: Revenue of $651K, expenses of $651K, and assets of $238K (revenue +17.6% year-over-year).
- 2017: Revenue of $554K, expenses of $554K, and assets of $212K (revenue -5.0% year-over-year).
- 2016: Revenue of $584K, expenses of $583K, and assets of $196K (revenue +4.9% year-over-year).
- 2015: Revenue of $556K, expenses of $556K, and assets of $193K (revenue -0.9% year-over-year).
- 2014: Revenue of $561K, expenses of $561K, and assets of $195K (revenue +14.9% year-over-year).
- 2013: Revenue of $489K, expenses of $489K, and assets of $163K (revenue -24.7% year-over-year).
- 2012: Revenue of $649K, expenses of $649K, and assets of $195K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Composition Rofers No 10 Vacation Fund Of America 620:
Data Sources and Methodology
This transparency report for Composition Rofers No 10 Vacation Fund Of America 620 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.