Family Planning Center Of Ocean County Inc

Is Family Planning Center Of Ocean County Inc Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Family Planning Center Of Ocean County Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Family Planning Center Of Ocean County Inc

Family Planning Center Of Ocean County Inc (EIN: 222015263) is a nonprofit organization based in Toms River, NJ, classified under NTEE code E42Z. The organization reported total revenue of $1.6M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Planning Center Of Ocean County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Family Planning Center Of Ocean County 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, Family Planning Center Of Ocean County 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.

Executive Compensation Analysis

Executive compensation is not explicitly detailed in the provided data, as the 'c' field consistently reports 0% for compensation to officers, directors, trustees, and key employees, suggesting these individuals may be uncompensated or compensated through other means not captured in this specific da

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 Planning Center Of Ocean County Inc:

• Consistent revenue generation, with 2023 revenue at $1,565,660, demonstrating financial stability.
• Strong asset base, with total assets reported at $2,456,900 in 2023, providing a solid financial foundation.
• High percentage of expenses dedicated to programs, indicating a focus on mission delivery.

Frequently Asked Questions about Family Planning Center Of Ocean County Inc

Filing History

IRS 990 filing history for Family Planning Center Of Ocean County Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Family Planning Center Of Ocean County Inc's revenue has grown by 4.8%, moving from $1.5M to $1.6M. Total assets increased by 178.6% over the same period, from $882K to $2.5M. Total functional expenses fell by 1.1%, from $1.5M to $1.5M. In its most recent filing year (2023), Family Planning Center Of Ocean County Inc reported a surplus of $114K, with revenue exceeding expenses. The organization holds $167K in liabilities against $2.5M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $2.3M.

Year-by-Year Financial Summary

• 2023: Revenue of $1.6M, expenses of $1.5M, and assets of $2.5M (revenue +9.5% year-over-year).
• 2022: Revenue of $1.4M, expenses of $1.5M, and assets of $2.3M (revenue -52.8% year-over-year).
• 2021: Revenue of $3.0M, expenses of $1.5M, and assets of $2.4M (revenue +89.6% year-over-year).
• 2020: Revenue of $1.6M, expenses of $1.3M, and assets of $2.4M (revenue +29.2% year-over-year).
• 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $840K (revenue -8.4% year-over-year).
• 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $901K (revenue +30.7% year-over-year).
• 2017: Revenue of $1.0M, expenses of $1.1M, and assets of $766K (revenue -9.4% year-over-year).
• 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $862K (revenue -0.3% year-over-year).
• 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $794K (revenue -5.6% year-over-year).
• 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $805K (revenue -3.8% year-over-year).
• 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $830K (revenue -6.3% year-over-year).
• 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $995K (revenue -10.1% year-over-year).
• 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $882K.

Data Sources and Methodology

This transparency report for Family Planning Center Of Ocean County 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.