Declarations Inc
Declarations Inc. maintains consistent revenue and expenses, reporting no officer compensation over a decade.
EIN: 161672491 · Freehold, NJ · NTEE: F33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $3.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $728K |
| Transparency Score | 75/100 |
Search Intent Cockpit
Declarations Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Declarations Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Declarations Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $3.5M and expenses of $3.5M.
Revenue and Expenses
Declarations Inc reported $3.5M in revenue and $3.5M in expenses, a deficit of $66K.
Executive Compensation
Top officer compensation appears as $3 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
75/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Declarations Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $3.0M (85%) |
Across stored filings, Declarations Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade C | 13 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Category F context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Compare with Dance For The Cure Inc →All New Jersey nonprofits
All Category F
Local and Sector Spokes
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Freehold, NJ nonprofitsCategory F in New Jersey
Health in New Jersey
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Declarations Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Declarations Inc
Declarations Inc (EIN: 161672491) is a nonprofit organization based in Freehold, NJ, classified under NTEE code F33. The organization reported total revenue of $3.5M and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Declarations Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Declarations Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.5M |
| Surplus / Deficit | $-65,690 |
| Total Assets | $2.7M |
| Total Liabilities | $1.9M |
| Net Assets | $728K |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 72.6% |
| Months of Reserves | 9.0 months |
Financial Health Grade: C
In 2024, Declarations Inc reported a deficit of $66K with expenses exceeding revenue, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 72.6% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Declarations Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -10.8% | +9.6% | -7.0% |
| 2023 | +19.9% | +0.1% | +174.2% |
| 2022 | +6.9% | +6.0% | -7.4% |
| 2021 | -7.3% | -8.0% | -25.2% |
| 2020 | +2.9% | +3.2% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Declarations 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, Declarations 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 72.6%.
Executive Compensation Analysis
Declarations Inc. consistently reports 0% officer compensation across all available filings, which is unusual for an organization with annual revenues exceeding $3 million. This could indicate a volunteer-led structure or that compensation is reported under different categories, warranting further investigation into its transparency practices.
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 Declarations Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive compensation transparency.
Strengths
The following positive indicators were identified for Declarations Inc:
- Consistent revenue generation, generally around $3 million annually over a decade.
- Stable financial operations with revenues and expenses largely balancing out over time.
- Significant growth in assets, particularly between 2022 and 2023, strengthening the balance sheet.
- Long operational history with 13 IRS 990 filings, indicating sustained activity.
Frequently Asked Questions about Declarations Inc
Is Declarations Inc a legitimate charity?
Declarations Inc (EIN: 161672491) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.5M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Declarations Inc spend its money?
Declarations Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Declarations Inc tax-deductible?
Declarations Inc is registered as a tax-exempt nonprofit (EIN: 161672491). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Declarations Inc CEO make?
Declarations Inc's highest-compensated officer earns $3 annually. The organization reported $3.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Declarations Inc's spending goes to programs?
Declarations Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Declarations Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Declarations Inc is above average for NTEE category F33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Declarations Inc located?
Declarations Inc is headquartered in Freehold, New Jersey and files with the IRS under EIN 161672491. It is classified under NTEE code F33.
How many years of IRS 990 filings does Declarations Inc have?
Declarations Inc has 13 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 $3.5M in total revenue.
Is Declarations Inc. a good charity?
Declarations Inc. appears to be a financially stable organization with consistent operations over a long period. Its consistent reporting of 0% officer compensation is a unique characteristic that could be viewed positively for resource allocation, but also raises questions about the full transparency of its compensation structure. Without detailed functional expense breakdowns, a definitive 'good' or 'bad' assessment is difficult, but its financial consistency is a strength.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization with annual revenues in the multi-million dollar range. This could mean that the organization is entirely volunteer-led at the executive level, or that executive compensation is being reported under other expense categories, or that the specific section of the 990 form for officer compensation is not being fully utilized or is not applicable under their specific reporting method. This warrants further inquiry into their governance and compensation policies.
How has Declarations Inc.'s asset base changed over time?
Declarations Inc.'s assets have shown significant fluctuation and growth. They were around $1.3M-$1.5M for several years, then dropped to $1.04M in 202206, before experiencing a substantial increase to $2.85M in 202306 and then a slight decrease to $2.65M in 202406. This recent growth in assets, particularly between 2022 and 2023, indicates a strengthening financial position.
Is Declarations Inc. experiencing financial difficulties based on its latest filing?
In its latest filing (202406), Declarations Inc. reported expenses of $3,547,740 against revenues of $3,482,050, resulting in a deficit of approximately $65,690. While this is a deficit, it is relatively small compared to its total revenue and assets, and not necessarily indicative of significant financial difficulty, especially given its historical stability and current asset base of over $2.6 million.
Filing History
IRS 990 filing history for Declarations Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Declarations Inc's revenue has grown by 139%, moving from $1.5M to $3.5M. Total assets increased by 125.2% over the same period, from $1.2M to $2.7M. Total functional expenses rose by 189.6%, from $1.2M to $3.5M. In its most recent filing year (2024), Declarations Inc reported a deficit of $66K, with expenses exceeding revenue. The organization holds $1.9M in liabilities against $2.7M in assets (debt-to-asset ratio: 72.6%), resulting in net assets of $728K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.5M | $3.5M | $2.7M | $1.9M | — | View 990 |
| 2023 | $3.9M | $3.2M | $2.9M | $2.1M | — | View 990 |
| 2022 | $3.3M | $3.2M | $1.0M | $912K | — | View 990 |
| 2021 | $3.0M | $3.1M | $1.1M | $1.0M | — | View 990 |
| 2020 | $3.3M | $3.3M | $1.5M | $1.4M | — | View 990 |
| 2019 | $3.2M | $3.2M | $1.6M | $1.3M | — | View 990 |
| 2018 | $3.1M | $3.1M | $1.6M | $1.3M | — | View 990 |
| 2017 | $3.0M | $3.0M | $1.3M | $1.0M | — | View 990 |
| 2016 | $2.9M | $2.9M | $1.3M | $1.1M | — | View 990 |
| 2015 | $3.1M | $3.0M | $1.4M | $1.1M | — | View 990 |
| 2014 | $2.7M | $2.6M | $1.4M | $1.1M | — | View 990 |
| 2013 | $1.5M | $1.5M | $1.1M | $941K | — | View 990 |
| 2012 | $1.5M | $1.2M | $1.2M | $946K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.5M, expenses of $3.5M, and assets of $2.7M (revenue -10.8% year-over-year).
- 2023: Revenue of $3.9M, expenses of $3.2M, and assets of $2.9M (revenue +19.9% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.2M, and assets of $1.0M (revenue +6.9% year-over-year).
- 2021: Revenue of $3.0M, expenses of $3.1M, and assets of $1.1M (revenue -7.3% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.3M, and assets of $1.5M (revenue +2.9% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.2M, and assets of $1.6M (revenue +2.0% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.1M, and assets of $1.6M (revenue +5.7% year-over-year).
- 2017: Revenue of $3.0M, expenses of $3.0M, and assets of $1.3M (revenue +1.3% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.9M, and assets of $1.3M (revenue -4.2% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.0M, and assets of $1.4M (revenue +13.0% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.6M, and assets of $1.4M (revenue +84.5% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $1.1M (revenue +0.4% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.2M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Declarations Inc:
Data Sources and Methodology
This transparency report for Declarations 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.