Fjw Realty Corporation
Fjw Realty Corporation reports minimal revenue and zero assets in latest filing, a sharp decline from previous years.
EIN: 134003729 · Newark, DE · NTEE: S47 · Updated: 2026-03-28
Is Fjw Realty Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fjw Realty Corporation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fjw Realty Corporation
Fjw Realty Corporation (EIN: 134003729) is a nonprofit organization based in Newark, DE, classified under NTEE code S47. The organization reported total revenue of $5K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fjw Realty Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fjw Realty Corporation is a micro nonprofit that has been operating for 24 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $116K |
| Surplus / Deficit | +$0 |
| Total Assets | $367K |
| Net Assets | $367K |
| Operating Margin | 0.0% |
| Months of Reserves | 37.9 months |
Financial Health Grade: A
In 2019, Fjw Realty Corporation reported a surplus of $0 with revenue exceeding expenses, holds 37.9 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2019), Fjw Realty Corporation's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +96.3% | +96.3% | +0.0% |
| 2018 | -19.3% | -19.3% | +0.0% |
| 2017 | -13.4% | -13.4% | -31.3% |
| 2016 | +0.0% | +0.0% | +0.0% |
| 2015 | +0.0% | +0.0% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Fjw Realty Corporation with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Fjw Realty Corporation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $0, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that leadership is either entirely volunteer-based or compensated through non-reportable means, which is typical for very small organizations like this one.
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 Fjw Realty Corporation's IRS 990 filings:
- Dramatic decline in revenue from $116,351 (2019) to $4,940 (latest period).
- Reported assets dropped from $367,000 (2019) to $0 (latest period) without explanation.
- Consistent reporting of expenses exactly matching revenue, suggesting no surplus for reserves or growth.
- Lack of detailed expense breakdown to verify program spending efficiency.
Strengths
The following positive indicators were identified for Fjw Realty Corporation:
- Consistent IRS 990 filing history over nine periods.
- No reported liabilities across all filings, indicating financial prudence.
- Zero reported officer compensation, suggesting volunteer leadership or efficient use of funds for a small entity.
Frequently Asked Questions about Fjw Realty Corporation
Is Fjw Realty Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fjw Realty Corporation (EIN: 134003729) some concerns. Mission Score: 50/100. 4 red flags identified, 3 strengths noted.
How does Fjw Realty Corporation spend its money?
Fjw Realty Corporation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fjw Realty Corporation tax-deductible?
Fjw Realty Corporation is registered as a tax-exempt nonprofit (EIN: 134003729). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why did Fjw Realty Corporation's assets drop from $367,000 to $0 in the latest filing?
The provided data shows a significant change in reported assets, from $367,000 in 2019 to $0 in the latest filing. This requires further investigation into the organization's financial statements to understand asset disposition or reporting changes.
What caused the drastic decrease in revenue from $116,351 in 2019 to $4,940 in the latest period?
The sharp decline in revenue suggests a significant change in operations, funding sources, or the organization's overall activity level. Without more detailed financial statements, the specific cause cannot be determined.
How does Fjw Realty Corporation operate with $0 in assets and minimal revenue?
Operating with $0 in assets and very low revenue ($4,940) suggests the organization may be largely inactive, undergoing a significant restructuring, or operating on a very limited, project-specific basis, potentially relying on in-kind contributions not reflected in revenue.
What specific programs does Fjw Realty Corporation run given its NTEE code S47?
While the NTEE code S47 indicates Housing Development, Construction & Management, the provided IRS 990 data does not offer a breakdown of program services or specific activities. Further inquiry into their public communications or detailed filings would be needed.
Filing History
IRS 990 filing history for Fjw Realty Corporation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Fjw Realty Corporation's revenue has grown by 37.3%, moving from $85K to $116K. Total assets decreased by 31.3% over the same period, from $534K to $367K. Total functional expenses rose by 37.3%, from $85K to $116K. In its most recent filing year (2019), Fjw Realty Corporation reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $116K | $116K | $367K | $0 | — | View 990 |
| 2018 | $59K | $59K | $367K | $0 | — | View 990 |
| 2017 | $73K | $73K | $367K | $0 | — | View 990 |
| 2016 | $85K | $85K | $534K | $0 | — | View 990 |
| 2015 | $85K | $85K | $534K | $0 | — | View 990 |
| 2014 | $85K | $85K | $534K | $0 | — | View 990 |
| 2013 | $85K | $85K | $534K | $0 | — | View 990 |
| 2012 | $99K | $99K | $534K | $0 | — | View 990 |
| 2011 | $85K | $85K | $534K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $116K, expenses of $116K, and assets of $367K (revenue +96.3% year-over-year).
- 2018: Revenue of $59K, expenses of $59K, and assets of $367K (revenue -19.3% year-over-year).
- 2017: Revenue of $73K, expenses of $73K, and assets of $367K (revenue -13.4% year-over-year).
- 2016: Revenue of $85K, expenses of $85K, and assets of $534K (revenue +0.0% year-over-year).
- 2015: Revenue of $85K, expenses of $85K, and assets of $534K (revenue +0.0% year-over-year).
- 2014: Revenue of $85K, expenses of $85K, and assets of $534K (revenue +0.0% year-over-year).
- 2013: Revenue of $85K, expenses of $85K, and assets of $534K (revenue -14.3% year-over-year).
- 2012: Revenue of $99K, expenses of $99K, and assets of $534K (revenue +16.7% year-over-year).
- 2011: Revenue of $85K, expenses of $85K, and assets of $534K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fjw Realty Corporation:
Data Sources and Methodology
This transparency report for Fjw Realty Corporation 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.