Foundation For Student Communication Inc
Foundation For Student Communication Inc: Mixed Financials, Strong Asset Base
EIN: 221926453 · Princeton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $678K |
| Total Expenses | $629K |
| Program Spending | 75% |
| Net Assets | $3.3M |
| Transparency Score | 70/100 |
Is Foundation For Student Communication Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation For Student Communication Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foundation For Student Communication Inc
Foundation For Student Communication Inc (EIN: 221926453) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $678K and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Student Communication Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Student Communication Inc is a small nonprofit that has been operating for 53 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $649K |
| Total Expenses | $629K |
| Surplus / Deficit | +$21K |
| Total Assets | $3.3M |
| Total Liabilities | $13K |
| Net Assets | $3.3M |
| Operating Margin | 3.2% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 63.4 months |
Financial Health Grade: A
In 2024, Foundation For Student Communication Inc reported a surplus of $21K with revenue exceeding expenses, holds 63.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Foundation For Student Communication Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +12.0% | -45.9% | +9.7% |
| 2023 | -36.9% | +18.4% | -16.6% |
| 2022 | +48.7% | +291.9% | -7.6% |
| 2021 | -24.7% | -60.2% | +37.1% |
| 2020 | +24.0% | -10.7% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2380 |
| IRS Ruling Date | 1973 |
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 Student Communication Inc with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, Foundation For Student Communication Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
The provided data consistently shows 'c0%' for compensation across all years, suggesting either a fully volunteer-run organization or that compensation is reported under different expense categories, warranting further inquiry.
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 Student Communication Inc's IRS 990 filings:
- Consistent 0% compensation reported across all years (c0%) raises questions about how the organization's personnel are compensated or if this is a reporting anomaly.
- Significant fluctuations in expenses, such as the jump from $250,603 in 2021 to $1,162,766 in 2023, without clear explanation in the provided data.
- Liabilities have shown variability, peaking at $72,110 in 2017 and dropping to $84 in 2020, which could indicate inconsistent financial management or specific project-based debt.
Strengths
The following positive indicators were identified for Foundation For Student Communication Inc:
- Maintains a strong asset base, consistently above $2.8 million and reaching over $3.9 million in 2021, indicating financial stability.
- Demonstrates consistent revenue generation, generally ranging from $600,000 to over $1.2 million annually.
- The organization has shown resilience in maintaining operations over many years, as evidenced by the historical financial data.
Frequently Asked Questions about Foundation For Student Communication Inc
Is Foundation For Student Communication Inc a legitimate charity?
Foundation For Student Communication Inc (EIN: 221926453) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $678K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Foundation For Student Communication Inc spend its money?
Foundation For Student Communication Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Foundation For Student Communication Inc tax-deductible?
Foundation For Student Communication Inc is registered as a tax-exempt nonprofit (EIN: 221926453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Foundation For Student Communication Inc's spending goes to programs?
Foundation For Student Communication Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Foundation For Student Communication Inc located?
Foundation For Student Communication Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 221926453.
How many years of IRS 990 filings does Foundation For Student Communication Inc have?
Foundation For Student Communication Inc has 14 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 $678K in total revenue.
What does Foundation For Student Communication Inc do?
Foundation For Student Communication Inc is a nonprofit organization in the Unknown sector, located in Princeton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Foundation For Student Communication Inc have?
Foundation For Student Communication Inc reported total revenue of $677,604. Based on 14 IRS 990 filings on record.
What are Foundation For Student Communication Inc's total assets?
Foundation For Student Communication Inc holds total assets of $3,652,716 as reported in IRS 990 filings.
Where is Foundation For Student Communication Inc located?
Foundation For Student Communication Inc is based in Princeton, New Jersey.
What is Foundation For Student Communication Inc's EIN?
Foundation For Student Communication Inc's Employer Identification Number (EIN) is 221926453. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Foundation For Student Communication Inc?
Foundation For Student Communication Inc is classified under NTEE code Unknown (Unknown).
Is Foundation For Student Communication Inc a registered 501(c)(3)?
Foundation For Student Communication Inc appears in IRS records (EIN: 221926453). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Foundation For Student Communication Inc file IRS Form 990?
Yes, Foundation For Student Communication Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202404.
What was Foundation For Student Communication Inc's revenue in 2024?
In the 202404 filing period, Foundation For Student Communication Inc reported total revenue of $649,420, total expenses of $628,664, and net assets of $3,323,949.
Is Foundation For Student Communication Inc's revenue growing or declining?
Foundation For Student Communication Inc's revenue is growing. Revenue went from $579,748 (202304) to $649,420 (202404), a +12.0% change. Based on 14 filings on record.
What is Foundation For Student Communication Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Foundation For Student Communication Inc covers tax period 202404. It shows revenue of $649,420, expenses of $628,664, total assets of $3,323,949, and liabilities of $12,697.
How much does Foundation For Student Communication Inc spend on programs vs administration?
Based on IRS 990 analysis, Foundation For Student Communication Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Foundation For Student Communication Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Foundation For Student Communication Inc appears trustworthy. Mission Score: 70/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Foundation For Student Communication Inc?
The following concerns were identified: Consistent 0% compensation reported across all years (c0%) raises questions about how the organization's personnel are compensated or if this is a reporting anomaly.. Significant fluctuations in expenses, such as the jump from $250,603 in 2021 to $1,162,766 in 2023, without clear explanation in the provided data.. Liabilities have shown variability, peaking at $72,110 in 2017 and dropping to $84 in 2020, which could indicate inconsistent financial management or specific project-based debt.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Foundation For Student Communication Inc's strengths?
Positive indicators for Foundation For Student Communication Inc include: Maintains a strong asset base, consistently above $2.8 million and reaching over $3.9 million in 2021, indicating financial stability.. Demonstrates consistent revenue generation, generally ranging from $600,000 to over $1.2 million annually.. The organization has shown resilience in maintaining operations over many years, as evidenced by the historical financial data.. These findings are derived from AI analysis of the organization's financial filings.
How does Foundation For Student Communication Inc compensate executives?
The provided data consistently shows 'c0%' for compensation across all years, suggesting either a fully volunteer-run organization or that compensation is reported under different expense categories, warranting further inquiry. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Foundation For Student Communication Inc?
• Financial data is consistently available through IRS filings, showing revenue and expenses over several years. • The organization's tax filings indicate 'compensation' as 0% across all provided years, which requires further investigation for clarity on how personnel are compensated. • No specific transparency report or detailed program breakdowns are immediately evident from the provided data. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 'c0%' for compensation, how does Foundation For Student Communication Inc manage its operational staffing and leadership without reported compensation?
The consistent reporting of 0% for compensation (c0%) across all years suggests that the organization may be entirely volunteer-run, or that compensation is categorized under other expense lines, or potentially paid through a related entity not reflected in these specific filings. This requires direct clarification from the organization.
What factors contributed to the significant increase in expenses from $250,603 in 2021 to $1,162,766 in 2023, and how did these expenses align with the organization's mission?
The provided data does not detail the nature of these expenses. A nearly five-fold increase in expenses over two years (from $250,603 in 2021 to $1,162,766 in 2023) would typically indicate a major project, expansion, or significant operational changes. Understanding the specific programs or administrative costs associated with this surge is crucial for assessing efficiency and mission alignment.
Filing History
IRS 990 filing history for Foundation For Student Communication Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Foundation For Student Communication Inc's revenue has declined by 25.3%, moving from $869K to $649K. Total assets increased by 64.3% over the same period, from $2.0M to $3.3M. Total functional expenses fell by 17.4%, from $761K to $629K. In its most recent filing year (2024), Foundation For Student Communication Inc reported a surplus of $21K, with revenue exceeding expenses. The organization holds $13K in liabilities against $3.3M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $649K | $629K | $3.3M | $13K | — | — |
| 2023 | $580K | $1.2M | $3.0M | $61K | — | View 990 |
| 2022 | $918K | $982K | $3.6M | $24K | — | View 990 |
| 2021 | $618K | $251K | $3.9M | $14K | — | View 990 |
| 2020 | $820K | $630K | $2.9M | $84 | — | View 990 |
| 2019 | $661K | $705K | $2.8M | $9K | — | View 990 |
| 2018 | $1.0M | $996K | $2.9M | $31K | — | View 990 |
| 2017 | $1.2M | $1.2M | $2.8M | $72K | — | View 990 |
| 2016 | $1.1M | $1.0M | $2.6M | $95K | — | View 990 |
| 2015 | $1.2M | $946K | $2.6M | $79K | — | View 990 |
| 2014 | $820K | $758K | $2.3M | $61K | — | View 990 |
| 2013 | $658K | $667K | $2.1M | $57K | — | View 990 |
| 2012 | $865K | $718K | $2.0M | $48K | — | View 990 |
| 2011 | $869K | $761K | $2.0M | $107K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $649K, expenses of $629K, and assets of $3.3M (revenue +12.0% year-over-year).
- 2023: Revenue of $580K, expenses of $1.2M, and assets of $3.0M (revenue -36.9% year-over-year).
- 2022: Revenue of $918K, expenses of $982K, and assets of $3.6M (revenue +48.7% year-over-year).
- 2021: Revenue of $618K, expenses of $251K, and assets of $3.9M (revenue -24.7% year-over-year).
- 2020: Revenue of $820K, expenses of $630K, and assets of $2.9M (revenue +24.0% year-over-year).
- 2019: Revenue of $661K, expenses of $705K, and assets of $2.8M (revenue -35.6% year-over-year).
- 2018: Revenue of $1.0M, expenses of $996K, and assets of $2.9M (revenue -17.0% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $2.8M (revenue +7.7% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $2.6M (revenue -1.8% year-over-year).
- 2015: Revenue of $1.2M, expenses of $946K, and assets of $2.6M (revenue +42.6% year-over-year).
- 2014: Revenue of $820K, expenses of $758K, and assets of $2.3M (revenue +24.5% year-over-year).
- 2013: Revenue of $658K, expenses of $667K, and assets of $2.1M (revenue -23.9% year-over-year).
- 2012: Revenue of $865K, expenses of $718K, and assets of $2.0M (revenue -0.5% year-over-year).
- 2011: Revenue of $869K, expenses of $761K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Student Communication Inc:
Data Sources and Methodology
This transparency report for Foundation For Student Communication 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.