Foundation For Educational Administration
Foundation For Educational Administration: Stable Finances, Declining Liquidity
EIN: 222757694 · Monroe Twp, NJ · NTEE: B030 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $7.6M |
| Program Spending | 80% |
| Net Assets | $5.1M |
| Transparency Score | 75/100 |
Is Foundation For Educational Administration Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation For Educational Administration directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foundation For Educational Administration
Foundation For Educational Administration (EIN: 222757694) is a nonprofit organization based in Monroe Twp, NJ, classified under NTEE code B030. The organization reported total revenue of $6.7M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Educational Administration's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Educational Administration is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $7.6M |
| Surplus / Deficit | $-344,487 |
| Total Assets | $6.9M |
| Total Liabilities | $1.8M |
| Net Assets | $5.1M |
| Operating Margin | -4.8% |
| Debt-to-Asset Ratio | 25.7% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2023, Foundation For Educational Administration reported a deficit of $344K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position), has a debt-to-asset ratio of 25.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Foundation For Educational Administration's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -21.0% | +10.8% | -14.5% |
| 2022 | +49.1% | +17.1% | +6.6% |
| 2021 | +2.1% | -6.9% | +0.2% |
| 2020 | -5.2% | -1.9% | -0.8% |
| 2019 | -9.3% | -7.7% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1987 |
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 Foundation For Educational Administration 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, Foundation For Educational Administration 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $344K, with expenses exceeding revenue.
- Debt-to-asset ratio: 25.7%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as the 'c' field consistently shows 0%, suggesting no reportable compensation for highly compensated employees or officers in the provided snapshots.
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 Foundation For Educational Administration's IRS 990 filings:
- Liquidity has significantly declined over the years, with liabilities increasing from $1,760,633 in 2023 to $5,640,235 in 2016, while assets have not kept pace.
- Total expenses ($7,563,022 in 2023) have exceeded revenue ($7,218,535 in 2023) in recent years, indicating a reliance on existing assets or prior year surpluses.
Strengths
The following positive indicators were identified for Foundation For Educational Administration:
- Consistent revenue generation, generally above $6 million annually.
- Strong asset base, consistently above $6 million, providing financial stability.
- No reported lobbying expenses, indicating a focus on direct mission activities.
- Maintains a positive net asset position despite recent expense trends.
Frequently Asked Questions about Foundation For Educational Administration
Is Foundation For Educational Administration a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For Educational Administration (EIN: 222757694) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Foundation For Educational Administration spend its money?
Foundation For Educational Administration directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Foundation For Educational Administration tax-deductible?
Foundation For Educational Administration is registered as a tax-exempt nonprofit (EIN: 222757694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Foundation For Educational Administration's spending goes to programs?
Foundation For Educational Administration directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Foundation For Educational Administration compare to similar nonprofits?
With a transparency score of 75/100 (Good), Foundation For Educational Administration is above average for NTEE category B030 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Foundation For Educational Administration located?
Foundation For Educational Administration is headquartered in Monroe Twp, New Jersey and files with the IRS under EIN 222757694. It is classified under NTEE code B030.
How many years of IRS 990 filings does Foundation For Educational Administration have?
Foundation For Educational Administration 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 $6.7M in total revenue.
What does Foundation For Educational Administration do?
Foundation For Educational Administration is a nonprofit organization in the Education sector, located in Monroe Twp, New Jersey. It is classified under NTEE code B030.
How much revenue does Foundation For Educational Administration have?
Foundation For Educational Administration reported total revenue of $6,672,194. Based on 13 IRS 990 filings on record.
What are Foundation For Educational Administration's total assets?
Foundation For Educational Administration holds total assets of $6,153,899 as reported in IRS 990 filings.
Where is Foundation For Educational Administration located?
Foundation For Educational Administration is based in Monroe Twp, New Jersey.
What is Foundation For Educational Administration's EIN?
Foundation For Educational Administration's Employer Identification Number (EIN) is 222757694. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Foundation For Educational Administration?
Foundation For Educational Administration is classified under NTEE code B030 (Education).
Is Foundation For Educational Administration a registered 501(c)(3)?
Yes, Foundation For Educational Administration is recognized as a tax-exempt organization by the IRS. EIN: 222757694.
Does Foundation For Educational Administration file IRS Form 990?
Yes, Foundation For Educational Administration has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Foundation For Educational Administration's revenue in 2023?
In the 202306 filing period, Foundation For Educational Administration reported total revenue of $7,218,535, total expenses of $7,563,022, and net assets of $6,850,540.
Is Foundation For Educational Administration's revenue growing or declining?
Foundation For Educational Administration's revenue is declining. Revenue went from $9,142,802 (202206) to $7,218,535 (202306), a -21.0% change. Based on 13 filings on record.
What is Foundation For Educational Administration's most recent 990 filing?
The most recent IRS Form 990 filing for Foundation For Educational Administration covers tax period 202306. It shows revenue of $7,218,535, expenses of $7,563,022, total assets of $6,850,540, and liabilities of $1,760,633.
How much does Foundation For Educational Administration spend on programs vs administration?
Based on IRS 990 analysis, Foundation For Educational Administration allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Foundation For Educational Administration a trustworthy charity?
Based on AI analysis of IRS 990 data, Foundation For Educational Administration appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 4 strengths noted.
What are the red flags for Foundation For Educational Administration?
The following concerns were identified: Liquidity has significantly declined over the years, with liabilities increasing from $1,760,633 in 2023 to $5,640,235 in 2016, while assets have not kept pace.. Total expenses ($7,563,022 in 2023) have exceeded revenue ($7,218,535 in 2023) in recent years, indicating a reliance on existing assets or prior year surpluses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Foundation For Educational Administration's strengths?
Positive indicators for Foundation For Educational Administration include: Consistent revenue generation, generally above $6 million annually.. Strong asset base, consistently above $6 million, providing financial stability.. No reported lobbying expenses, indicating a focus on direct mission activities.. Maintains a positive net asset position despite recent expense trends.. These findings are derived from AI analysis of the organization's financial filings.
How does Foundation For Educational Administration compensate executives?
Executive compensation is not explicitly detailed in the provided data, as the 'c' field consistently shows 0%, suggesting no reportable compensation for highly compensated employees or officers in the provided snapshots. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Foundation For Educational Administration?
• The organization consistently reports 0% lobbying costs across all available filings. • Detailed program service accomplishments are provided, but specific financial breakdowns per program are not readily available. • The organization's 990-PF filings are publicly accessible, offering a good level of financial detail. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent decline in liquidity (liabilities increasing from $1.76M in 2023 to $5.64M in 2016, while assets decreased from $6.85M to $8.98M over the same period), what is the primary driver of this trend, and how does the foundation plan to address it to ensure long-term financial health?
The data shows a consistent increase in liabilities relative to assets over the past several years, indicating a potential shift in financial structure or increased reliance on debt/obligations. Without further detail on the nature of these liabilities, it's difficult to pinpoint the exact cause. The foundation would need to clarify its strategy for managing this trend to prevent future solvency concerns.
Filing History
IRS 990 filing history for Foundation For Educational Administration showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Foundation For Educational Administration's revenue has grown by 53.7%, moving from $4.7M to $7.2M. Total assets decreased by 26.9% over the same period, from $9.4M to $6.9M. Total functional expenses rose by 44.2%, from $5.2M to $7.6M. In its most recent filing year (2023), Foundation For Educational Administration reported a deficit of $344K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $6.9M in assets (debt-to-asset ratio: 25.7%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $7.6M | $6.9M | $1.8M | — | — |
| 2022 | $9.1M | $6.8M | $8.0M | $2.6M | — | View 990 |
| 2021 | $6.1M | $5.8M | $7.5M | $4.4M | — | View 990 |
| 2020 | $6.0M | $6.3M | $7.5M | $4.7M | — | View 990 |
| 2019 | $6.3M | $6.4M | $7.6M | $4.5M | — | View 990 |
| 2018 | $7.0M | $6.9M | $7.9M | $4.8M | — | View 990 |
| 2017 | $6.4M | $6.8M | $8.5M | $5.4M | — | View 990 |
| 2016 | $6.5M | $6.4M | $9.0M | $5.6M | — | View 990 |
| 2015 | $6.4M | $6.2M | $9.1M | $5.8M | — | View 990 |
| 2014 | $5.8M | $5.3M | $9.3M | $6.3M | — | View 990 |
| 2013 | $4.9M | $4.9M | $9.1M | $6.6M | — | View 990 |
| 2012 | $5.2M | $5.1M | $8.6M | $6.1M | — | View 990 |
| 2011 | $4.7M | $5.2M | $9.4M | $6.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $7.6M, and assets of $6.9M (revenue -21.0% year-over-year).
- 2022: Revenue of $9.1M, expenses of $6.8M, and assets of $8.0M (revenue +49.1% year-over-year).
- 2021: Revenue of $6.1M, expenses of $5.8M, and assets of $7.5M (revenue +2.1% year-over-year).
- 2020: Revenue of $6.0M, expenses of $6.3M, and assets of $7.5M (revenue -5.2% year-over-year).
- 2019: Revenue of $6.3M, expenses of $6.4M, and assets of $7.6M (revenue -9.3% year-over-year).
- 2018: Revenue of $7.0M, expenses of $6.9M, and assets of $7.9M (revenue +8.3% year-over-year).
- 2017: Revenue of $6.4M, expenses of $6.8M, and assets of $8.5M (revenue -1.2% year-over-year).
- 2016: Revenue of $6.5M, expenses of $6.4M, and assets of $9.0M (revenue +1.7% year-over-year).
- 2015: Revenue of $6.4M, expenses of $6.2M, and assets of $9.1M (revenue +10.5% year-over-year).
- 2014: Revenue of $5.8M, expenses of $5.3M, and assets of $9.3M (revenue +18.9% year-over-year).
- 2013: Revenue of $4.9M, expenses of $4.9M, and assets of $9.1M (revenue -6.4% year-over-year).
- 2012: Revenue of $5.2M, expenses of $5.1M, and assets of $8.6M (revenue +11.0% year-over-year).
- 2011: Revenue of $4.7M, expenses of $5.2M, and assets of $9.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Educational Administration:
Data Sources and Methodology
This transparency report for Foundation For Educational Administration 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.