Fbi National Academy Associates Inc
FBI National Academy Associates Inc: Declining Revenue and Asset Trends Raise Concerns
EIN: 222520940 · Ocean City, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $335K |
| Total Expenses | $370K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $79K |
| Transparency Score | 65/100 |
Is Fbi National Academy Associates Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fbi National Academy Associates Inc
Fbi National Academy Associates Inc (EIN: 222520940) is a nonprofit organization based in Ocean City, NJ. The organization reported total revenue of $335K and total assets of $82K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fbi National Academy Associates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fbi National Academy Associates Inc is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $344K |
| Total Expenses | $370K |
| Surplus / Deficit | $-25,861 |
| Total Assets | $79K |
| Total Liabilities | $52 |
| Net Assets | $79K |
| Operating Margin | -7.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 2.6 months |
Financial Health Grade: C
In 2023, Fbi National Academy Associates Inc reported a deficit of $26K with expenses exceeding revenue, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fbi National Academy Associates Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.7% | +49.8% | -25.1% |
| 2022 | +7.2% | +17.0% | -10.0% |
| 2021 | +421.0% | +581.3% | +7.0% |
| 2020 | -79.3% | -85.1% | +11.1% |
| 2019 | +11.4% | +30.2% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1993 |
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 Fbi National Academy Associates Inc with a Mission Score of 65 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Fbi National Academy Associates Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $26K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, which is unusual for an organization with significant revenue and expenses.
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 Fbi National Academy Associates Inc's IRS 990 filings:
- Consistent 0% program spending raises questions about the organization's charitable purpose and activities.
- Significant decline in revenue from $344,181 in 2023 to $42,002 in 2020, then a rebound to $334,568 in 2023, shows volatility.
- Assets have steadily decreased from $117,412 in 2021 to $79,165 in 2023, indicating a shrinking financial base.
- The organization consistently reports $0 for executive compensation, which could be a red flag for transparency or an indication of an all-volunteer structure not clearly stated.
- The 'nt' (nonprofit type) field is marked as '?', suggesting a lack of clear classification or information regarding its specific nonprofit status.
Strengths
The following positive indicators were identified for Fbi National Academy Associates Inc:
- The organization has maintained a consistent presence over several years, with filings dating back to 2016.
- Despite revenue fluctuations, the organization has managed to cover its expenses in most years, as seen by the 'r' (revenue) and 'x' (expenses) figures.
Frequently Asked Questions about Fbi National Academy Associates Inc
Is Fbi National Academy Associates Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fbi National Academy Associates Inc (EIN: 222520940) some concerns. Mission Score: 65/100. 5 red flags identified, 2 strengths noted.
How does Fbi National Academy Associates Inc spend its money?
Detailed spending breakdown data is not yet available for Fbi National Academy Associates Inc. Check back for updated IRS 990 analysis.
Are donations to Fbi National Academy Associates Inc tax-deductible?
Fbi National Academy Associates Inc is registered as a tax-exempt nonprofit (EIN: 222520940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fbi National Academy Associates Inc CEO make?
Fbi National Academy Associates Inc's highest-compensated officer earns $0 annually. The organization reported $335K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Fbi National Academy Associates Inc located?
Fbi National Academy Associates Inc is headquartered in Ocean City, New Jersey and files with the IRS under EIN 222520940.
How many years of IRS 990 filings does Fbi National Academy Associates Inc have?
Fbi National Academy Associates 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 $335K in total revenue.
What does Fbi National Academy Associates Inc do?
Fbi National Academy Associates Inc is a nonprofit organization in the Unknown sector, located in Ocean City, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Fbi National Academy Associates Inc have?
Fbi National Academy Associates Inc reported total revenue of $334,568. Based on 13 IRS 990 filings on record.
What are Fbi National Academy Associates Inc's total assets?
Fbi National Academy Associates Inc holds total assets of $81,715 as reported in IRS 990 filings.
Where is Fbi National Academy Associates Inc located?
Fbi National Academy Associates Inc is based in Ocean City, New Jersey.
What is Fbi National Academy Associates Inc's EIN?
Fbi National Academy Associates Inc's Employer Identification Number (EIN) is 222520940. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Fbi National Academy Associates Inc?
Fbi National Academy Associates Inc is classified under NTEE code Unknown (Unknown).
Is Fbi National Academy Associates Inc a registered 501(c)(3)?
Fbi National Academy Associates Inc appears in IRS records (EIN: 222520940). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Fbi National Academy Associates Inc file IRS Form 990?
Yes, Fbi National Academy Associates Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Fbi National Academy Associates Inc's revenue in 2023?
In the 202312 filing period, Fbi National Academy Associates Inc reported total revenue of $344,181, total expenses of $370,042, and net assets of $79,165.
Is Fbi National Academy Associates Inc's revenue growing or declining?
Fbi National Academy Associates Inc's revenue is growing. Revenue went from $234,625 (202212) to $344,181 (202312), a +46.7% change. Based on 13 filings on record.
What is Fbi National Academy Associates Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Fbi National Academy Associates Inc covers tax period 202312. It shows revenue of $344,181, expenses of $370,042, total assets of $79,165, and liabilities of $52.
Is Fbi National Academy Associates Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Fbi National Academy Associates Inc shows mixed signals. Mission Score: 65/100 (Good). 5 red flags identified. 2 strengths noted.
What are the red flags for Fbi National Academy Associates Inc?
The following concerns were identified: Consistent 0% program spending raises questions about the organization's charitable purpose and activities.. Significant decline in revenue from $344,181 in 2023 to $42,002 in 2020, then a rebound to $334,568 in 2023, shows volatility.. Assets have steadily decreased from $117,412 in 2021 to $79,165 in 2023, indicating a shrinking financial base.. The organization consistently reports $0 for executive compensation, which could be a red flag for transparency or an indication of an all-volunteer structure not clearly stated.. The 'nt' (nonprofit type) field is marked as '?', suggesting a lack of clear classification or information regarding its specific nonprofit status.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Fbi National Academy Associates Inc's strengths?
Positive indicators for Fbi National Academy Associates Inc include: The organization has maintained a consistent presence over several years, with filings dating back to 2016.. Despite revenue fluctuations, the organization has managed to cover its expenses in most years, as seen by the 'r' (revenue) and 'x' (expenses) figures.. These findings are derived from AI analysis of the organization's financial filings.
How does Fbi National Academy Associates Inc compensate executives?
Executive compensation is consistently reported as $0 across all available filings, which is unusual for an organization with significant revenue and expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program spending and $0 executive compensation, what are the primary activities and beneficiaries of the FBI National Academy Associates Inc, and how are its revenues being utilized?
Without detailed program service accomplishments or expense breakdowns beyond total expenses, it's unclear how the organization's revenue, which was $344,181 in 2023, is being used to fulfill a charitable mission, especially with no reported program spending. The consistent $0 executive compensation suggests an all-volunteer leadership, but this is not explicitly stated.
What caused the significant drop in revenue from $202,940 in 2019 to $42,002 in 2020, and what factors contributed to its subsequent recovery to $334,568 in 2023?
The data provided does not offer specific reasons for the drastic revenue decline in 2020 or the subsequent recovery. This volatility, with revenue dropping by over 79% in one year and then increasing by over 690% in three years, warrants further investigation into funding sources and operational changes.
Filing History
IRS 990 filing history for Fbi National Academy Associates Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fbi National Academy Associates Inc's revenue has grown by 196.4%, moving from $116K to $344K. Total assets increased by 5.7% over the same period, from $75K to $79K. Total functional expenses rose by 237.4%, from $110K to $370K. In its most recent filing year (2023), Fbi National Academy Associates Inc reported a deficit of $26K, with expenses exceeding revenue. The organization holds $52 in liabilities against $79K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $79K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $344K | $370K | $79K | $52 | — | — |
| 2022 | $235K | $247K | $106K | $666 | — | View 990 |
| 2021 | $219K | $211K | $117K | $0 | — | View 990 |
| 2020 | $42K | $31K | $110K | $0 | — | — |
| 2019 | $203K | $208K | $99K | $0 | — | View 990 |
| 2018 | $182K | $160K | $104K | $0 | — | View 990 |
| 2017 | $157K | $166K | $81K | $0 | — | View 990 |
| 2016 | $132K | $133K | $90K | $0 | — | View 990 |
| 2015 | $138K | $122K | $91K | $0 | — | View 990 |
| 2014 | $117K | $114K | $74K | $0 | — | View 990 |
| 2013 | $96K | $103K | $71K | $0 | — | View 990 |
| 2012 | $94K | $90K | $78K | $0 | — | View 990 |
| 2011 | $116K | $110K | $75K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $344K, expenses of $370K, and assets of $79K (revenue +46.7% year-over-year).
- 2022: Revenue of $235K, expenses of $247K, and assets of $106K (revenue +7.2% year-over-year).
- 2021: Revenue of $219K, expenses of $211K, and assets of $117K (revenue +421.0% year-over-year).
- 2020: Revenue of $42K, expenses of $31K, and assets of $110K (revenue -79.3% year-over-year).
- 2019: Revenue of $203K, expenses of $208K, and assets of $99K (revenue +11.4% year-over-year).
- 2018: Revenue of $182K, expenses of $160K, and assets of $104K (revenue +15.8% year-over-year).
- 2017: Revenue of $157K, expenses of $166K, and assets of $81K (revenue +19.3% year-over-year).
- 2016: Revenue of $132K, expenses of $133K, and assets of $90K (revenue -4.8% year-over-year).
- 2015: Revenue of $138K, expenses of $122K, and assets of $91K (revenue +18.4% year-over-year).
- 2014: Revenue of $117K, expenses of $114K, and assets of $74K (revenue +22.2% year-over-year).
- 2013: Revenue of $96K, expenses of $103K, and assets of $71K (revenue +1.8% year-over-year).
- 2012: Revenue of $94K, expenses of $90K, and assets of $78K (revenue -19.0% year-over-year).
- 2011: Revenue of $116K, expenses of $110K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fbi National Academy Associates Inc:
Data Sources and Methodology
This transparency report for Fbi National Academy Associates 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.