Family Of Woodstock Inc
Family Of Woodstock Inc shows consistent growth and strong financial health with no reported officer compensation.
EIN: 141537663 · Kingston, NY · NTEE: F41Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.1M |
| Total Expenses | $13.7M |
| Program Spending | 85% |
| Net Assets | $9.5M |
| Transparency Score | 95/100 |
Is Family Of Woodstock Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Family Of Woodstock Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Family Of Woodstock Inc
Family Of Woodstock Inc (EIN: 141537663) is a nonprofit organization based in Kingston, NY, classified under NTEE code F41Z. The organization reported total revenue of $12.1M and total assets of $9.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Of Woodstock Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Of Woodstock Inc is a large nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $15.2M |
| Total Expenses | $13.7M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $11.1M |
| Total Liabilities | $1.6M |
| Net Assets | $9.5M |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 14.8% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Family Of Woodstock Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 14.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Family Of Woodstock Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.9% | +4.2% | -1.5% |
| 2022 | +12.7% | +11.4% | +74.1% |
| 2021 | -12.4% | +4.4% | +14.6% |
| 2020 | +21.6% | +1.5% | +25.3% |
| 2019 | +6.9% | +4.2% | +13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
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 Family Of Woodstock Inc with a Mission Score of 95 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Family Of Woodstock 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is an exceptional practice for a nonprofit of its size, suggesting a strong commitment to maximizing resources for its programs.
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.
Strengths
The following positive indicators were identified for Family Of Woodstock Inc:
- Consistent revenue growth, from $10.18M in 2014 to $15.23M in 2023.
- Significant asset growth, from $4.15M in 2014 to $11.12M in 2023.
- 0% officer compensation reported across all available filings, indicating strong resource allocation to mission.
- Healthy financial reserves, with assets consistently exceeding liabilities.
- Stable expense management relative to revenue.
Frequently Asked Questions about Family Of Woodstock Inc
Is Family Of Woodstock Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Of Woodstock Inc (EIN: 141537663) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Family Of Woodstock Inc spend its money?
Family Of Woodstock Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Family Of Woodstock Inc tax-deductible?
Family Of Woodstock Inc is registered as a tax-exempt nonprofit (EIN: 141537663). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Family Of Woodstock Inc's spending goes to programs?
Family Of Woodstock Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Family Of Woodstock Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Family Of Woodstock Inc is above average for NTEE category F41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Family Of Woodstock Inc located?
Family Of Woodstock Inc is headquartered in Kingston, New York and files with the IRS under EIN 141537663. It is classified under NTEE code F41Z.
How many years of IRS 990 filings does Family Of Woodstock Inc have?
Family Of Woodstock 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 $12.1M in total revenue.
Is Family Of Woodstock Inc a good charity?
Based on the available financial data, Family Of Woodstock Inc appears to be a very good charity. It demonstrates consistent financial growth, maintains a healthy asset base, and notably reports 0% officer compensation, indicating a strong commitment to its mission.
How has Family Of Woodstock Inc's financial health changed over the last decade?
Family Of Woodstock Inc has shown significant financial growth over the last decade. Revenue increased from $10.18 million in 2014 to $15.23 million in 2023, and assets grew from $4.15 million to $11.12 million in the same period, indicating robust expansion and improved financial stability.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly unusual and commendable, as it consistently reports 0% officer compensation across all 13 available filings. This suggests that officers are either volunteers or compensated through other means not classified as 'officer compensation' on the 990, which is a strong positive indicator for donor confidence.
Filing History
IRS 990 filing history for Family Of Woodstock Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Family Of Woodstock Inc's revenue has grown by 71.2%, moving from $8.9M to $15.2M. Total assets increased by 180% over the same period, from $4.0M to $11.1M. Total functional expenses rose by 47.1%, from $9.3M to $13.7M. In its most recent filing year (2023), Family Of Woodstock Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $11.1M in assets (debt-to-asset ratio: 14.8%), resulting in net assets of $9.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $15.2M | $13.7M | $11.1M | $1.6M | — | — |
| 2022 | $13.2M | $13.1M | $11.3M | $3.4M | — | View 990 |
| 2021 | $11.8M | $11.8M | $6.5M | $2.5M | — | View 990 |
| 2020 | $13.4M | $11.3M | $5.7M | $1.7M | — | View 990 |
| 2019 | $11.0M | $11.1M | $4.5M | $2.7M | — | View 990 |
| 2018 | $10.3M | $10.7M | $4.0M | $2.1M | — | View 990 |
| 2017 | $10.9M | $11.4M | $4.3M | $2.3M | — | View 990 |
| 2016 | $10.5M | $10.7M | $4.4M | $2.0M | — | View 990 |
| 2015 | $10.8M | $10.5M | $4.3M | $1.6M | — | View 990 |
| 2014 | $10.2M | $9.9M | $4.2M | $1.7M | — | View 990 |
| 2013 | $9.9M | $9.7M | $3.8M | $1.7M | — | View 990 |
| 2012 | $9.3M | $9.5M | $3.8M | $1.8M | — | View 990 |
| 2011 | $8.9M | $9.3M | $4.0M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $15.2M, expenses of $13.7M, and assets of $11.1M (revenue +14.9% year-over-year).
- 2022: Revenue of $13.2M, expenses of $13.1M, and assets of $11.3M (revenue +12.7% year-over-year).
- 2021: Revenue of $11.8M, expenses of $11.8M, and assets of $6.5M (revenue -12.4% year-over-year).
- 2020: Revenue of $13.4M, expenses of $11.3M, and assets of $5.7M (revenue +21.6% year-over-year).
- 2019: Revenue of $11.0M, expenses of $11.1M, and assets of $4.5M (revenue +6.9% year-over-year).
- 2018: Revenue of $10.3M, expenses of $10.7M, and assets of $4.0M (revenue -5.4% year-over-year).
- 2017: Revenue of $10.9M, expenses of $11.4M, and assets of $4.3M (revenue +4.2% year-over-year).
- 2016: Revenue of $10.5M, expenses of $10.7M, and assets of $4.4M (revenue -2.9% year-over-year).
- 2015: Revenue of $10.8M, expenses of $10.5M, and assets of $4.3M (revenue +5.9% year-over-year).
- 2014: Revenue of $10.2M, expenses of $9.9M, and assets of $4.2M (revenue +2.7% year-over-year).
- 2013: Revenue of $9.9M, expenses of $9.7M, and assets of $3.8M (revenue +6.8% year-over-year).
- 2012: Revenue of $9.3M, expenses of $9.5M, and assets of $3.8M (revenue +4.4% year-over-year).
- 2011: Revenue of $8.9M, expenses of $9.3M, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Of Woodstock Inc:
Data Sources and Methodology
This transparency report for Family Of Woodstock 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.