Financial Communications Society
Financial Communications Society maintains stable finances with no reported executive compensation.
EIN: 133599761 · Westfield, NJ · NTEE: S41Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $699K |
| Transparency Score | 85/100 |
Is Financial Communications Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Financial Communications Society directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Financial Communications Society
Financial Communications Society (EIN: 133599761) is a nonprofit organization based in Westfield, NJ, classified under NTEE code S41Z. The organization reported total revenue of $1.3M and total assets of $821K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Financial Communications Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Financial Communications Society is a mid-size nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$92K |
| Total Assets | $722K |
| Total Liabilities | $23K |
| Net Assets | $699K |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, Financial Communications Society reported a surplus of $92K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Financial Communications Society's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.6% | -10.0% | -2.2% |
| 2022 | +320.2% | +221.5% | +5.0% |
| 2021 | -50.3% | -47.6% | +56.0% |
| 2020 | -41.5% | -42.3% | -9.1% |
| 2019 | -10.0% | +11.3% | -13.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Financial Communications Society with a Mission Score of 85 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, Financial Communications Society 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 $92K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with over $1 million in annual revenue and suggests a volunteer-led or externally compensated leadership structure.
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 Financial Communications Society's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- Unusually low liabilities in some years (e.g., $9,395 in 2014) could indicate minimal operational overhead or specific accounting practices.
Strengths
The following positive indicators were identified for Financial Communications Society:
- Consistent financial surpluses in most recent years (e.g., $92,200 surplus in 2023).
- Zero reported officer compensation, indicating high efficiency in leadership costs.
- Growing asset base, demonstrating financial stability and accumulation of reserves (e.g., assets grew from $450,838 in 2020 to $722,424 in 2023).
- Strong recovery from a revenue dip in 2021, showing resilience.
Frequently Asked Questions about Financial Communications Society
Is Financial Communications Society a legitimate charity?
Financial Communications Society (EIN: 133599761) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Financial Communications Society spend its money?
Financial Communications Society directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Financial Communications Society tax-deductible?
Financial Communications Society is registered as a tax-exempt nonprofit (EIN: 133599761). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Financial Communications Society CEO make?
Financial Communications Society's highest-compensated officer earns $1 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Financial Communications Society's spending goes to programs?
Financial Communications Society directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Financial Communications Society compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Financial Communications Society is above average for NTEE category S41Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Financial Communications Society located?
Financial Communications Society is headquartered in Westfield, New Jersey and files with the IRS under EIN 133599761. It is classified under NTEE code S41Z.
How many years of IRS 990 filings does Financial Communications Society have?
Financial Communications Society 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 $1.3M in total revenue.
How does the Financial Communications Society fund its operations without officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership roles may be volunteer-based or compensated through other means not classified as officer compensation, or that the organization primarily relies on external contractors for management.
What is the primary source of the organization's revenue?
While specific revenue streams are not detailed in the provided data, the consistent revenue figures (e.g., $1,268,891 in 2023) suggest a stable base, likely from membership fees, events, or sponsorships typical for a professional society.
Has the organization experienced significant financial fluctuations?
Revenue has generally been stable, often exceeding $1 million, though there was a notable dip in 2021 to $366,568, likely due to the pandemic, followed by a strong recovery to $1,540,360 in 2022.
Filing History
IRS 990 filing history for Financial Communications Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Financial Communications Society's revenue has grown by 50.7%, moving from $842K to $1.3M. Total assets increased by 340.9% over the same period, from $164K to $722K. Total functional expenses rose by 45.7%, from $807K to $1.2M. In its most recent filing year (2023), Financial Communications Society reported a surplus of $92K, with revenue exceeding expenses. The organization holds $23K in liabilities against $722K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $699K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.2M | $722K | $23K | — | — |
| 2022 | $1.5M | $1.3M | $738K | $131K | — | View 990 |
| 2021 | $367K | $407K | $703K | $328K | — | View 990 |
| 2020 | $737K | $777K | $451K | $36K | — | — |
| 2019 | $1.3M | $1.3M | $496K | $41K | — | View 990 |
| 2018 | $1.4M | $1.2M | $576K | $34K | — | View 990 |
| 2017 | $1.2M | $1.2M | $400K | $47K | — | View 990 |
| 2016 | $1.2M | $1.3M | $297K | $34K | — | View 990 |
| 2015 | $1.3M | $1.2M | $453K | $27K | — | View 990 |
| 2014 | $1.2M | $1.2M | $356K | $9K | — | View 990 |
| 2013 | $1.1M | $921K | $425K | $13K | — | View 990 |
| 2012 | $872K | $798K | $245K | $17K | — | View 990 |
| 2011 | $842K | $807K | $164K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.2M, and assets of $722K (revenue -17.6% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.3M, and assets of $738K (revenue +320.2% year-over-year).
- 2021: Revenue of $367K, expenses of $407K, and assets of $703K (revenue -50.3% year-over-year).
- 2020: Revenue of $737K, expenses of $777K, and assets of $451K (revenue -41.5% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $496K (revenue -10.0% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.2M, and assets of $576K (revenue +12.5% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $400K (revenue +7.7% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $297K (revenue -8.8% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.2M, and assets of $453K (revenue +8.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $356K (revenue +5.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $921K, and assets of $425K (revenue +26.8% year-over-year).
- 2012: Revenue of $872K, expenses of $798K, and assets of $245K (revenue +3.5% year-over-year).
- 2011: Revenue of $842K, expenses of $807K, and assets of $164K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Financial Communications Society:
Data Sources and Methodology
This transparency report for Financial Communications Society 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.