Foreign Policy Association Incorporated
Foreign Policy Association shows strong asset growth but also a significant increase in liabilities in its latest filing.
EIN: 131624007 · New York, NY · NTEE: Q055 · Updated: 2026-03-28
Is Foreign Policy Association Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foreign Policy Association Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foreign Policy Association Incorporated
Foreign Policy Association Incorporated (EIN: 131624007) is a nonprofit organization based in New York, NY, classified under NTEE code Q055. The organization reported total revenue of $6.9M and total assets of $11.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foreign Policy Association Incorporated'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 Foreign Policy Association Incorporated 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Foreign Policy Association Incorporated 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
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the 990, which is unusual for an organization of its size with revenues exceeding $4 million annually.
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 Foreign Policy Association Incorporated's IRS 990 filings:
- Significant increase in liabilities from $1,023,486 to $5,052,289 in the latest filing (202306) without clear explanation in summary data.
- Consistent 0% officer compensation reported across all filings, which is unusual for an organization of this size and could indicate a lack of transparency in executive compensation reporting.
Strengths
The following positive indicators were identified for Foreign Policy Association Incorporated:
- Consistent revenue generation, with latest revenue at $5,039,661.
- Strong asset growth, nearly doubling from $6,154,230 in 202206 to $10,472,391 in 202306.
- Generally stable financial operations with expenses tracking closely to revenues, indicating sound budget management.
- Long history of IRS 990 filings (13 filings), suggesting established operations and compliance.
Frequently Asked Questions about Foreign Policy Association Incorporated
Is Foreign Policy Association Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Foreign Policy Association Incorporated (EIN: 131624007) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Foreign Policy Association Incorporated spend its money?
Foreign Policy Association Incorporated directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Foreign Policy Association Incorporated tax-deductible?
Foreign Policy Association Incorporated is registered as a tax-exempt nonprofit (EIN: 131624007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in liabilities from $1,023,486 in 202206 to $5,052,289 in 202306?
The IRS 990 data indicates a substantial jump in liabilities in the most recent fiscal period. Further details from the full 990 form, specifically Part X (Balance Sheet) and Schedule D (Supplemental Financial Statements), would be needed to identify the specific nature of these liabilities (e.g., debt, deferred revenue, grants payable).
How are the organization's executives compensated if 'Officer Comp' is consistently reported as 0%?
The consistent reporting of 0% officer compensation suggests that either the executives are volunteers, or their compensation is categorized differently within the 990 (e.g., as salaries and wages for employees rather than officers, or through related organizations). A review of Part VII (Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors) would provide more clarity.
What is the organization's strategy for managing its growing assets and liabilities?
With assets growing to over $10 million and liabilities also increasing significantly, understanding the organization's financial management strategy, including investment policies and debt management, is crucial. This information is typically found in the organization's financial statements and narrative descriptions within the full 990.
Filing History
IRS 990 filing history for Foreign Policy Association Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Foreign Policy Association Incorporated's revenue has grown by 20.1%, moving from $4.2M to $5.0M. Total assets increased by 155.6% over the same period, from $4.1M to $10.5M. Total functional expenses rose by 15%, from $4.2M to $4.9M. In its most recent filing year (2023), Foreign Policy Association Incorporated reported a surplus of $156K, with revenue exceeding expenses. The organization holds $5.1M in liabilities against $10.5M in assets (debt-to-asset ratio: 48.2%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.0M | $4.9M | $10.5M | $5.1M | — | View 990 |
| 2022 | $4.7M | $4.3M | $6.2M | $1.0M | — | View 990 |
| 2021 | $4.3M | $3.9M | $5.7M | $799K | — | View 990 |
| 2020 | $4.1M | $4.1M | $5.0M | $550K | — | View 990 |
| 2019 | $5.5M | $4.6M | $5.1M | $666K | — | View 990 |
| 2018 | $4.6M | $4.6M | $4.3M | $737K | — | View 990 |
| 2017 | $4.1M | $4.1M | $4.2M | $721K | — | View 990 |
| 2016 | $4.1M | $4.1M | $4.2M | $771K | — | View 990 |
| 2015 | $4.1M | $4.1M | $4.2M | $719K | — | View 990 |
| 2014 | $4.1M | $4.1M | $4.2M | $717K | — | View 990 |
| 2013 | $4.3M | $4.4M | $4.3M | $788K | — | View 990 |
| 2012 | $4.4M | $4.4M | $4.1M | $646K | — | View 990 |
| 2011 | $4.2M | $4.2M | $4.1M | $591K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.0M, expenses of $4.9M, and assets of $10.5M (revenue +6.6% year-over-year).
- 2022: Revenue of $4.7M, expenses of $4.3M, and assets of $6.2M (revenue +10.3% year-over-year).
- 2021: Revenue of $4.3M, expenses of $3.9M, and assets of $5.7M (revenue +4.9% year-over-year).
- 2020: Revenue of $4.1M, expenses of $4.1M, and assets of $5.0M (revenue -25.2% year-over-year).
- 2019: Revenue of $5.5M, expenses of $4.6M, and assets of $5.1M (revenue +17.8% year-over-year).
- 2018: Revenue of $4.6M, expenses of $4.6M, and assets of $4.3M (revenue +12.3% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.1M, and assets of $4.2M (revenue +1.5% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.1M, and assets of $4.2M (revenue -0.1% year-over-year).
- 2015: Revenue of $4.1M, expenses of $4.1M, and assets of $4.2M (revenue +0.4% year-over-year).
- 2014: Revenue of $4.1M, expenses of $4.1M, and assets of $4.2M (revenue -6.6% year-over-year).
- 2013: Revenue of $4.3M, expenses of $4.4M, and assets of $4.3M (revenue -0.3% year-over-year).
- 2012: Revenue of $4.4M, expenses of $4.4M, and assets of $4.1M (revenue +3.9% year-over-year).
- 2011: Revenue of $4.2M, expenses of $4.2M, and assets of $4.1M.
Data Sources and Methodology
This transparency report for Foreign Policy Association Incorporated 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.