Fair Lawn Economic Development Corporation Inc
Fair Lawn Economic Development Corp. shows recent revenue growth with volunteer leadership.
EIN: 203531068 · Fair Lawn, NJ · NTEE: S30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $264K |
| Total Expenses | $118K |
| Program Spending | 80% |
| Net Assets | $132K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Fair Lawn Economic Development Corporation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Fair Lawn Economic Development Corporation 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 Fair Lawn Economic Development Corporation Inc in one place.
Form 990 Filing Summary
12 filing years are available, with latest revenue of $169K and expenses of $118K.
Revenue and Expenses
Fair Lawn Economic Development Corporation Inc reported $169K in revenue and $118K in expenses, a surplus of $51K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Fair Lawn Economic Development Corporation 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 | $94K (80%) |
Across stored filings, Fair Lawn Economic Development Corporation 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; 2 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade A | 12 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Community Improvement context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Fair Lawn, NJ nonprofitsCommunity Improvement in New Jersey
Public Benefit in New Jersey
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Donation Decision Flow
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Next Best Actions
Keep the Investigation Moving
Fair Lawn Economic Development Corporation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fair Lawn Economic Development Corporation Inc
Fair Lawn Economic Development Corporation Inc (EIN: 203531068) is a nonprofit organization based in Fair Lawn, NJ, classified under NTEE code S30. The organization reported total revenue of $264K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fair Lawn Economic Development Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fair Lawn Economic Development Corporation Inc is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 21.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $118K |
| Surplus / Deficit | +$51K |
| Total Assets | $138K |
| Total Liabilities | $6K |
| Net Assets | $132K |
| Operating Margin | 30.3% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 14.1 months |
Financial Health Grade: A
In 2022, Fair Lawn Economic Development Corporation Inc reported a surplus of $51K with revenue exceeding expenses, holds 14.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Fair Lawn Economic Development Corporation Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +3635.3% | +237.5% | +646.9% |
| 2021 | -78.6% | -19.4% | -59.3% |
| 2020 | -62.7% | -29.4% | -32.8% |
| 2019 | +85.6% | +123.4% | -6.5% |
| 2018 | -13.4% | +693.9% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Fair Lawn Economic Development Corporation Inc with a Mission Score of 85 out of 100 (Excellent). 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, Fair Lawn Economic Development Corporation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.
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 Fair Lawn Economic Development Corporation Inc's IRS 990 filings:
- Significant year-over-year revenue and asset volatility
- Periods of substantial operating deficits (e.g., 2021: $4,529 revenue vs. $34,952 expenses)
Strengths
The following positive indicators were identified for Fair Lawn Economic Development Corporation Inc:
- Consistent 0% officer compensation, indicating volunteer leadership
- Strong revenue growth in the most recent filing (2022 revenue of $169,174)
- Consistent IRS 990 filing history, demonstrating transparency
Frequently Asked Questions about Fair Lawn Economic Development Corporation Inc
Is Fair Lawn Economic Development Corporation Inc a legitimate charity?
Fair Lawn Economic Development Corporation Inc (EIN: 203531068) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $264K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Fair Lawn Economic Development Corporation Inc spend its money?
Fair Lawn Economic Development Corporation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fair Lawn Economic Development Corporation Inc tax-deductible?
Fair Lawn Economic Development Corporation Inc is registered as a tax-exempt nonprofit (EIN: 203531068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fair Lawn Economic Development Corporation Inc's spending goes to programs?
Fair Lawn Economic Development Corporation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fair Lawn Economic Development Corporation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fair Lawn Economic Development Corporation Inc is above average for NTEE category S30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fair Lawn Economic Development Corporation Inc located?
Fair Lawn Economic Development Corporation Inc is headquartered in Fair Lawn, New Jersey and files with the IRS under EIN 203531068. It is classified under NTEE code S30.
How many years of IRS 990 filings does Fair Lawn Economic Development Corporation Inc have?
Fair Lawn Economic Development Corporation 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 $264K in total revenue.
Is Fair Lawn Economic Development Corporation Inc. financially stable?
While the organization has experienced significant revenue and asset fluctuations, including periods of deficit (e.g., 2021 with $4,529 revenue vs. $34,952 expenses), the 2022 filing shows a strong surplus with $169,174 in revenue against $117,957 in expenses, suggesting improved financial health recently.
How does the organization manage its administrative costs?
The consistent reporting of 0% officer compensation across all filings indicates a very lean administrative structure, with leadership likely volunteering their time, which significantly reduces overhead.
What is the trend in the organization's assets?
Assets have fluctuated considerably, from a low of $5,497 in 2013 to a high of $138,406 in 2022, demonstrating periods of both growth and decline in its financial reserves.
Filing History
IRS 990 filing history for Fair Lawn Economic Development Corporation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Fair Lawn Economic Development Corporation Inc's revenue has grown by 750.8%, moving from $20K to $169K. Total assets increased by 1487% over the same period, from $9K to $138K. Total functional expenses rose by 535.5%, from $19K to $118K. In its most recent filing year (2022), Fair Lawn Economic Development Corporation Inc reported a surplus of $51K, with revenue exceeding expenses. The organization holds $6K in liabilities against $138K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $132K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $169K | $118K | $138K | $6K | — | View 990 |
| 2021 | $5K | $35K | $19K | $400 | — | View 990 |
| 2020 | $21K | $43K | $46K | $0 | — | View 990 |
| 2019 | $57K | $61K | $68K | $0 | — | View 990 |
| 2018 | $31K | $28K | $73K | $0 | — | View 990 |
| 2017 | $35K | $3K | $69K | $0 | — | View 990 |
| 2016 | $28K | $8K | $38K | $598 | — | View 990 |
| 2015 | $14K | $7K | $18K | $800 | — | View 990 |
| 2014 | $5K | $1K | $10K | $300 | — | View 990 |
| 2013 | $45 | $1K | $5K | $300 | — | View 990 |
| 2012 | $66 | $370 | $7K | $300 | — | View 990 |
| 2011 | $20K | $19K | $9K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $169K, expenses of $118K, and assets of $138K (revenue +3635.3% year-over-year).
- 2021: Revenue of $5K, expenses of $35K, and assets of $19K (revenue -78.6% year-over-year).
- 2020: Revenue of $21K, expenses of $43K, and assets of $46K (revenue -62.7% year-over-year).
- 2019: Revenue of $57K, expenses of $61K, and assets of $68K (revenue +85.6% year-over-year).
- 2018: Revenue of $31K, expenses of $28K, and assets of $73K (revenue -13.4% year-over-year).
- 2017: Revenue of $35K, expenses of $3K, and assets of $69K (revenue +24.3% year-over-year).
- 2016: Revenue of $28K, expenses of $8K, and assets of $38K (revenue +102.1% year-over-year).
- 2015: Revenue of $14K, expenses of $7K, and assets of $18K (revenue +164.4% year-over-year).
- 2014: Revenue of $5K, expenses of $1K, and assets of $10K (revenue +11715.6% year-over-year).
- 2013: Revenue of $45, expenses of $1K, and assets of $5K (revenue -31.8% year-over-year).
- 2012: Revenue of $66, expenses of $370, and assets of $7K (revenue -99.7% year-over-year).
- 2011: Revenue of $20K, expenses of $19K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fair Lawn Economic Development Corporation Inc:
Data Sources and Methodology
This transparency report for Fair Lawn Economic Development Corporation 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.