Dow Jones News Fund Inc
Dow Jones News Fund Inc. shows consistent operations with fluctuating annual surpluses and deficits, maintaining minimal liabilities.
EIN: 136021439 · Princeton, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $611K |
| Total Expenses | $634K |
| Program Spending | 80% |
| Net Assets | $480K |
| Transparency Score | 75/100 |
Is Dow Jones News Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dow Jones News Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dow Jones News Fund Inc
Dow Jones News Fund Inc (EIN: 136021439) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $611K and total assets of $450K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dow Jones News Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dow Jones News Fund Inc is a small nonprofit that has been operating for 66 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $524K |
| Total Expenses | $634K |
| Surplus / Deficit | $-110,443 |
| Total Assets | $480K |
| Total Liabilities | $1 |
| Net Assets | $480K |
| Operating Margin | -21.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 9.1 months |
Financial Health Grade: B
In 2023, Dow Jones News Fund Inc reported a deficit of $110K with expenses exceeding revenue, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Dow Jones News Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.2% | +22.9% | -18.7% |
| 2022 | +27.6% | +33.0% | +17.4% |
| 2021 | -40.3% | -7.9% | +20.3% |
| 2020 | +65.6% | -19.7% | +774.3% |
| 2019 | +7.2% | -2.7% | -85.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1960 |
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 Dow Jones News Fund 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Dow Jones News Fund Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $110K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either volunteer-based or compensated through non-officer roles, which is a positive for donor perception regarding overhead.
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 Dow Jones News Fund Inc's IRS 990 filings:
- Inconsistent annual financial performance with significant deficits in some years (e.g., 2023, 2019, 2015, 2011) without clear explanation in provided data.
- Lack of detailed functional expense breakdown (program, admin, fundraising) in the summary data, hindering full efficiency assessment.
Strengths
The following positive indicators were identified for Dow Jones News Fund Inc:
- Consistently reports minimal liabilities ($1) across all filings, indicating strong financial management and low debt.
- No officer compensation reported, suggesting volunteer leadership or compensation through other means, which is positive for donor trust.
- Significant growth in assets over the past decade, from $22,397 in 2011 to $479,779 in 2023, building financial reserves.
- Long history of consistent operations and IRS 990 filings (10 years), indicating stability and commitment to transparency.
Frequently Asked Questions about Dow Jones News Fund Inc
Is Dow Jones News Fund Inc a legitimate charity?
Dow Jones News Fund Inc (EIN: 136021439) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $611K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Dow Jones News Fund Inc spend its money?
Dow Jones News Fund Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Dow Jones News Fund Inc tax-deductible?
Dow Jones News Fund Inc is registered as a tax-exempt nonprofit (EIN: 136021439). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Dow Jones News Fund Inc's spending goes to programs?
Dow Jones News Fund Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Dow Jones News Fund Inc located?
Dow Jones News Fund Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 136021439.
How many years of IRS 990 filings does Dow Jones News Fund Inc have?
Dow Jones News Fund Inc has 10 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 $611K in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, making it difficult to precisely assess spending efficiency beyond total expenses.
How does the organization manage its annual deficits, such as the one in 2023 where expenses exceeded revenue by over $110,000?
The organization likely covers annual deficits, such as the $110,443 deficit in 2023, by drawing from its accumulated assets, which have grown significantly from $22,397 in 2011 to $479,779 in 2023.
What is the source of the organization's revenue, and how stable are these sources?
The provided data only shows total revenue figures, not their sources. Assessing stability would require knowing if revenue is primarily from grants, individual donations, or other streams.
Filing History
IRS 990 filing history for Dow Jones News Fund Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dow Jones News Fund Inc's revenue has grown by 16.2%, moving from $451K to $524K. Total assets increased by 2042.2% over the same period, from $22K to $480K. Total functional expenses rose by 32.9%, from $477K to $634K. In its most recent filing year (2023), Dow Jones News Fund Inc reported a deficit of $110K, with expenses exceeding revenue. The organization holds $1 in liabilities against $480K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $480K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $524K | $634K | $480K | $1 | — | View 990 |
| 2022 | $603K | $516K | $590K | $1 | — | View 990 |
| 2021 | $473K | $388K | $503K | $1 | — | View 990 |
| 2020 | $791K | $421K | $418K | $1 | — | — |
| 2019 | $478K | $524K | $48K | $1 | — | View 990 |
| 2015 | $446K | $539K | $326K | $1 | — | View 990 |
| 2014 | $511K | $465K | $420K | $1 | — | View 990 |
| 2013 | $896K | $557K | $374K | $1 | — | View 990 |
| 2012 | $463K | $450K | $35K | $1 | — | View 990 |
| 2011 | $451K | $477K | $22K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $524K, expenses of $634K, and assets of $480K (revenue -13.2% year-over-year).
- 2022: Revenue of $603K, expenses of $516K, and assets of $590K (revenue +27.6% year-over-year).
- 2021: Revenue of $473K, expenses of $388K, and assets of $503K (revenue -40.3% year-over-year).
- 2020: Revenue of $791K, expenses of $421K, and assets of $418K (revenue +65.6% year-over-year).
- 2019: Revenue of $478K, expenses of $524K, and assets of $48K (revenue +7.2% year-over-year).
- 2015: Revenue of $446K, expenses of $539K, and assets of $326K (revenue -12.7% year-over-year).
- 2014: Revenue of $511K, expenses of $465K, and assets of $420K (revenue -43.0% year-over-year).
- 2013: Revenue of $896K, expenses of $557K, and assets of $374K (revenue +93.7% year-over-year).
- 2012: Revenue of $463K, expenses of $450K, and assets of $35K (revenue +2.7% year-over-year).
- 2011: Revenue of $451K, expenses of $477K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dow Jones News Fund Inc:
Data Sources and Methodology
This transparency report for Dow Jones News Fund 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.