Fellowship In Prayer Inc
Fellowship In Prayer Inc consistently maintains over $3 million in assets but has recently experienced expenses exceeding revenue.
EIN: 135562408 · Princeton, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $183K |
| Program Spending | 80% |
| Net Assets | $3.1M |
| Transparency Score | 75/100 |
Is Fellowship In Prayer Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fellowship In Prayer Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fellowship In Prayer Inc
Fellowship In Prayer Inc (EIN: 135562408) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $1.2M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fellowship In Prayer Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fellowship In Prayer Inc is a mid-size nonprofit that has been operating for 76 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $183K |
| Surplus / Deficit | $-60,868 |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | -49.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 203.6 months |
Financial Health Grade: B
In 2023, Fellowship In Prayer Inc reported a deficit of $61K with expenses exceeding revenue, holds 203.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Fellowship In Prayer Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.0% | +26.8% | -1.9% |
| 2022 | -47.4% | -18.3% | +0.9% |
| 2021 | +159.9% | -1.6% | +4.4% |
| 2020 | -20.1% | +8.2% | -2.0% |
| 2019 | -60.5% | -1.2% | -9.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1950 |
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 Fellowship In Prayer 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Fellowship In Prayer 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through non-officer roles, which is highly unusual for an organization of its asset size and contributes to very low administrative overhead.
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 Fellowship In Prayer Inc's IRS 990 filings:
- Expenses exceeded revenue in multiple recent years (e.g., 2023, 2020, 2019), indicating potential reliance on reserves.
- Significant fluctuations in annual revenue, making financial planning potentially challenging.
- NTEE code is unknown, which limits understanding of its specific programmatic focus and peer comparison.
Strengths
The following positive indicators were identified for Fellowship In Prayer Inc:
- Consistently maintains a strong asset base, generally over $3 million, providing financial stability.
- Reports 0% officer compensation across all filings, indicating extremely low executive overhead.
- Consistently reports $1 in liabilities, demonstrating excellent debt management and a very healthy balance sheet.
- Strong program spending ratio, estimated at 80%, indicating a focus on mission-related activities.
Frequently Asked Questions about Fellowship In Prayer Inc
Is Fellowship In Prayer Inc a legitimate charity?
Fellowship In Prayer Inc (EIN: 135562408) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.2M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Fellowship In Prayer Inc spend its money?
Fellowship In Prayer Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fellowship In Prayer Inc tax-deductible?
Fellowship In Prayer Inc is registered as a tax-exempt nonprofit (EIN: 135562408). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fellowship In Prayer Inc's spending goes to programs?
Fellowship In Prayer Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Fellowship In Prayer Inc located?
Fellowship In Prayer Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 135562408.
How many years of IRS 990 filings does Fellowship In Prayer Inc have?
Fellowship In Prayer Inc has 10 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 $1.2M in total revenue.
Is Fellowship In Prayer Inc financially sustainable given recent deficits?
While the organization has substantial assets (over $3 million), recent years (e.g., 2023, 2020) show expenses exceeding revenue. This trend, if continued, could impact long-term sustainability despite the current asset cushion.
How does Fellowship In Prayer Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a significant factor in its low administrative costs.
What is the primary source of Fellowship In Prayer Inc's revenue given its fluctuations?
The filings show significant revenue fluctuations, from $613,818 in 2012 to $122,336 in 2023. Without detailed breakdowns of revenue sources (e.g., donations, investments, program service fees), it's difficult to pinpoint the primary source or the cause of volatility.
Filing History
IRS 990 filing history for Fellowship In Prayer Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Fellowship In Prayer Inc's revenue has declined by 10.6%, moving from $137K to $122K. Total assets decreased by 22.8% over the same period, from $4.0M to $3.1M. Total functional expenses fell by 46.2%, from $340K to $183K. In its most recent filing year (2023), Fellowship In Prayer Inc reported a deficit of $61K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $183K | $3.1M | $1 | — | — |
| 2022 | $163K | $144K | $3.2M | $1 | — | View 990 |
| 2021 | $310K | $177K | $3.1M | $1 | — | — |
| 2020 | $119K | $180K | $3.0M | $1 | — | — |
| 2019 | $149K | $166K | $3.1M | $1 | — | View 990 |
| 2015 | $378K | $168K | $3.4M | $1 | — | View 990 |
| 2014 | $172K | $92K | $3.2M | $1 | — | View 990 |
| 2013 | $172K | $111K | $3.4M | $1 | — | View 990 |
| 2012 | $614K | $231K | $4.4M | $1 | — | View 990 |
| 2011 | $137K | $340K | $4.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $183K, and assets of $3.1M (revenue -25.0% year-over-year).
- 2022: Revenue of $163K, expenses of $144K, and assets of $3.2M (revenue -47.4% year-over-year).
- 2021: Revenue of $310K, expenses of $177K, and assets of $3.1M (revenue +159.9% year-over-year).
- 2020: Revenue of $119K, expenses of $180K, and assets of $3.0M (revenue -20.1% year-over-year).
- 2019: Revenue of $149K, expenses of $166K, and assets of $3.1M (revenue -60.5% year-over-year).
- 2015: Revenue of $378K, expenses of $168K, and assets of $3.4M (revenue +120.4% year-over-year).
- 2014: Revenue of $172K, expenses of $92K, and assets of $3.2M (revenue -0.3% year-over-year).
- 2013: Revenue of $172K, expenses of $111K, and assets of $3.4M (revenue -72.0% year-over-year).
- 2012: Revenue of $614K, expenses of $231K, and assets of $4.4M (revenue +348.4% year-over-year).
- 2011: Revenue of $137K, expenses of $340K, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fellowship In Prayer Inc:
Data Sources and Methodology
This transparency report for Fellowship In Prayer 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.