Federation Of Indian Associations
Federation Of Indian Associations shows volatile revenue and recurring deficits, with 0% officer compensation.
EIN: 132961275 · Hillsborough, NJ · NTEE: A23Z · Updated: 2026-03-28
Is Federation Of Indian Associations Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Federation Of Indian Associations directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Federation Of Indian Associations
Federation Of Indian Associations (EIN: 132961275) is a nonprofit organization based in Hillsborough, NJ, classified under NTEE code A23Z. The organization reported total revenue of $671K and total assets of $312K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Federation Of Indian Associations'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 Federation Of Indian Associations with a Mission Score of 70 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: 80%
- fundraising: 10%
According to IRS 990 filings, Federation Of Indian Associations allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is 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 with revenues fluctuating up to nearly $1 million.
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 Federation Of Indian Associations's IRS 990 filings:
- Frequent operating deficits (7 out of 10 periods reported expenses exceeding revenue)
- Significant increase in liabilities relative to assets over time, reaching $150,411 in 2023
- Highly volatile revenue streams, making financial planning challenging
Strengths
The following positive indicators were identified for Federation Of Indian Associations:
- 0% officer compensation consistently reported, indicating volunteer leadership and low executive overhead
- Demonstrated ability to significantly increase revenue in certain periods (e.g., $924,329 in 2023)
- Growth in total assets over the long term, from $37,916 in 2017 to $196,365 in 2023
Frequently Asked Questions about Federation Of Indian Associations
Is Federation Of Indian Associations a legitimate charity?
Based on AI analysis of IRS 990 filings, Federation Of Indian Associations (EIN: 132961275) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Federation Of Indian Associations spend its money?
Federation Of Indian Associations directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Federation Of Indian Associations tax-deductible?
Federation Of Indian Associations is registered as a tax-exempt nonprofit (EIN: 132961275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Federation Of Indian Associations financially sustainable given its recurring deficits?
The organization has frequently reported expenses exceeding revenue, such as in 202302 ($944,853 expenses vs. $924,329 revenue) and 202102 ($76,525 expenses vs. $69,632 revenue). While assets have grown, so have liabilities, suggesting a need for improved financial planning to ensure long-term sustainability.
How does the organization manage its liabilities, which reached $150,411 in 2023?
The significant increase in liabilities, from $1,500 in 2016 to $150,411 in 2023, warrants investigation. While assets have also grown, the high proportion of liabilities relative to assets (e.g., $150,411 liabilities vs. $196,365 assets in 2023) could indicate reliance on debt or short-term obligations.
What is the primary source of the organization's highly variable revenue?
Revenue has fluctuated dramatically, from $69,632 in 2021 to $924,329 in 2023. Understanding the nature of these revenue streams (e.g., event-based, grants, donations) is crucial to assessing the predictability and stability of its funding.
Filing History
IRS 990 filing history for Federation Of Indian Associations showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Federation Of Indian Associations's revenue has grown by 152%, moving from $367K to $924K. Total assets increased by 338.9% over the same period, from $45K to $196K. Total functional expenses rose by 164.5%, from $357K to $945K. In its most recent filing year (2023), Federation Of Indian Associations reported a deficit of $21K, with expenses exceeding revenue. The organization holds $150K in liabilities against $196K in assets (debt-to-asset ratio: 76.6%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $924K | $945K | $196K | $150K | — | View 990 |
| 2022 | $348K | $272K | $137K | $70K | — | View 990 |
| 2021 | $70K | $77K | $61K | $70K | — | View 990 |
| 2020 | $360K | $386K | $68K | $70K | — | View 990 |
| 2019 | $428K | $456K | $89K | $65K | — | View 990 |
| 2018 | $369K | $329K | $117K | $65K | — | View 990 |
| 2017 | $353K | $403K | $38K | $27K | — | View 990 |
| 2016 | $406K | $435K | $66K | $2K | — | View 990 |
| 2015 | $559K | $547K | $95K | $2K | — | View 990 |
| 2014 | $436K | $406K | $63K | $14K | — | View 990 |
| 2013 | $332K | $317K | $63K | $14K | — | View 990 |
| 2012 | $367K | $357K | $45K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $924K, expenses of $945K, and assets of $196K (revenue +165.8% year-over-year).
- 2022: Revenue of $348K, expenses of $272K, and assets of $137K (revenue +399.4% year-over-year).
- 2021: Revenue of $70K, expenses of $77K, and assets of $61K (revenue -80.7% year-over-year).
- 2020: Revenue of $360K, expenses of $386K, and assets of $68K (revenue -15.8% year-over-year).
- 2019: Revenue of $428K, expenses of $456K, and assets of $89K (revenue +15.8% year-over-year).
- 2018: Revenue of $369K, expenses of $329K, and assets of $117K (revenue +4.8% year-over-year).
- 2017: Revenue of $353K, expenses of $403K, and assets of $38K (revenue -13.2% year-over-year).
- 2016: Revenue of $406K, expenses of $435K, and assets of $66K (revenue -27.4% year-over-year).
- 2015: Revenue of $559K, expenses of $547K, and assets of $95K (revenue +28.2% year-over-year).
- 2014: Revenue of $436K, expenses of $406K, and assets of $63K (revenue +31.2% year-over-year).
- 2013: Revenue of $332K, expenses of $317K, and assets of $63K (revenue -9.4% year-over-year).
- 2012: Revenue of $367K, expenses of $357K, and assets of $45K.
Data Sources and Methodology
This transparency report for Federation Of Indian Associations 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.