Foundation For The Handicapped
Foundation For The Handicapped: Consistent Deficits and Declining Assets Raise Concerns
EIN: 221906334 · Wayne, NJ · NTEE: P80 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $184K |
| Total Expenses | $247K |
| Program Spending | 70% |
| Net Assets | $104K |
| Transparency Score | 60/100 |
Is Foundation For The Handicapped Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation For The Handicapped directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Foundation For The Handicapped
Foundation For The Handicapped (EIN: 221906334) is a nonprofit organization based in Wayne, NJ, classified under NTEE code P80. The organization reported total revenue of $184K and total assets of $108K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For The Handicapped's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For The Handicapped is a small nonprofit that has been operating for 60 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $176K |
| Total Expenses | $247K |
| Surplus / Deficit | $-71,115 |
| Total Assets | $108K |
| Total Liabilities | $4K |
| Net Assets | $104K |
| Operating Margin | -40.5% |
| Debt-to-Asset Ratio | 3.3% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2019, Foundation For The Handicapped reported a deficit of $71K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 3.3% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2019), Foundation For The Handicapped's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +9.0% | +7.1% | -39.7% |
| 2018 | -56.7% | +17.7% | -27.1% |
| 2017 | +64.3% | +0.3% | +193.1% |
| 2016 | +24.0% | -12.7% | +115.8% |
| 2015 | -15.8% | -13.8% | -52.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
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 The Handicapped with a Mission Score of 60 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: 70%
- fundraising: 15%
According to IRS 990 filings, Foundation For The Handicapped allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $71K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.3%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation figures are provided in the available data.
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 The Handicapped's IRS 990 filings:
- Consistent operating deficits across all reported years, indicating financial instability.
- Significant decline in total assets over recent years, from $246,050 in 2017 to $108,022 in 2019.
- Lack of information regarding executive compensation, hindering a full financial transparency assessment.
Strengths
The following positive indicators were identified for Foundation For The Handicapped:
- The organization has a long operating history, with data available back to 2012.
Frequently Asked Questions about Foundation For The Handicapped
Is Foundation For The Handicapped a legitimate charity?
Foundation For The Handicapped (EIN: 221906334) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 60/100. It has 9 years of IRS 990 filings on record. Total revenue: $184K. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Foundation For The Handicapped spend its money?
Foundation For The Handicapped directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Foundation For The Handicapped tax-deductible?
Foundation For The Handicapped is registered as a tax-exempt nonprofit (EIN: 221906334). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Foundation For The Handicapped's spending goes to programs?
Foundation For The Handicapped directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Foundation For The Handicapped compare to similar nonprofits?
With a transparency score of 60/100 (Good), Foundation For The Handicapped is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Foundation For The Handicapped located?
Foundation For The Handicapped is headquartered in Wayne, New Jersey and files with the IRS under EIN 221906334. It is classified under NTEE code P80.
How many years of IRS 990 filings does Foundation For The Handicapped have?
Foundation For The Handicapped has 9 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 $184K in total revenue.
What does Foundation For The Handicapped do?
Foundation For The Handicapped is a nonprofit organization in the Human Services sector, located in Wayne, New Jersey. It is classified under NTEE code P80.
How much revenue does Foundation For The Handicapped have?
Foundation For The Handicapped reported total revenue of $183,593. Based on 9 IRS 990 filings on record.
What are Foundation For The Handicapped's total assets?
Foundation For The Handicapped holds total assets of $108,022 as reported in IRS 990 filings.
Where is Foundation For The Handicapped located?
Foundation For The Handicapped is based in Wayne, New Jersey.
What is Foundation For The Handicapped's EIN?
Foundation For The Handicapped's Employer Identification Number (EIN) is 221906334. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Foundation For The Handicapped?
Foundation For The Handicapped is classified under NTEE code P80 (Human Services).
Is Foundation For The Handicapped a registered 501(c)(3)?
Yes, Foundation For The Handicapped is recognized as a tax-exempt organization by the IRS. EIN: 221906334.
Does Foundation For The Handicapped file IRS Form 990?
Yes, Foundation For The Handicapped has 9 IRS Form 990 filings on record. The most recent covers tax period 201912.
What was Foundation For The Handicapped's revenue in 2019?
In the 201912 filing period, Foundation For The Handicapped reported total revenue of $175,544, total expenses of $246,659, and net assets of $108,022.
Is Foundation For The Handicapped's revenue growing or declining?
Foundation For The Handicapped's revenue is growing. Revenue went from $160,976 (201812) to $175,544 (201912), a +9.0% change. Based on 9 filings on record.
What is Foundation For The Handicapped's most recent 990 filing?
The most recent IRS Form 990 filing for Foundation For The Handicapped covers tax period 201912. It shows revenue of $175,544, expenses of $246,659, total assets of $108,022, and liabilities of $3,565.
How much does Foundation For The Handicapped spend on programs vs administration?
Based on IRS 990 analysis, Foundation For The Handicapped allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Foundation For The Handicapped a trustworthy charity?
Based on AI analysis of IRS 990 data, Foundation For The Handicapped shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 1 strength noted.
What are the red flags for Foundation For The Handicapped?
The following concerns were identified: Consistent operating deficits across all reported years, indicating financial instability.. Significant decline in total assets over recent years, from $246,050 in 2017 to $108,022 in 2019.. Lack of information regarding executive compensation, hindering a full financial transparency assessment.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Foundation For The Handicapped's strengths?
Positive indicators for Foundation For The Handicapped include: The organization has a long operating history, with data available back to 2012.. These findings are derived from AI analysis of the organization's financial filings.
How does Foundation For The Handicapped compensate executives?
Executive compensation cannot be assessed as no compensation figures are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent deficits, how is the organization sustaining its operations without depleting its assets entirely?
The organization has been drawing down its assets to cover deficits, as evidenced by the decline from $246,050 in 2017 to $108,022 in 2019. This trend is unsustainable long-term without new revenue streams or expense reductions.
Filing History
IRS 990 filing history for Foundation For The Handicapped showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Foundation For The Handicapped's revenue has declined by 25.7%, moving from $236K to $176K. Total assets decreased by 15% over the same period, from $127K to $108K. Total functional expenses rose by 3.4%, from $239K to $247K. In its most recent filing year (2019), Foundation For The Handicapped reported a deficit of $71K, with expenses exceeding revenue. The organization holds $4K in liabilities against $108K in assets (debt-to-asset ratio: 3.3%), resulting in net assets of $104K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $176K | $247K | $108K | $4K | — | View 990 |
| 2018 | $161K | $230K | $179K | $4K | — | View 990 |
| 2017 | $372K | $196K | $246K | $1K | — | View 990 |
| 2016 | $226K | $195K | $84K | $15K | — | View 990 |
| 2015 | $183K | $223K | $39K | $2K | — | View 990 |
| 2014 | $217K | $259K | $82K | $4K | — | View 990 |
| 2013 | $256K | $243K | $125K | $5K | — | View 990 |
| 2012 | $234K | $240K | $113K | $5K | — | View 990 |
| 2011 | $236K | $239K | $127K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $176K, expenses of $247K, and assets of $108K (revenue +9.0% year-over-year).
- 2018: Revenue of $161K, expenses of $230K, and assets of $179K (revenue -56.7% year-over-year).
- 2017: Revenue of $372K, expenses of $196K, and assets of $246K (revenue +64.3% year-over-year).
- 2016: Revenue of $226K, expenses of $195K, and assets of $84K (revenue +24.0% year-over-year).
- 2015: Revenue of $183K, expenses of $223K, and assets of $39K (revenue -15.8% year-over-year).
- 2014: Revenue of $217K, expenses of $259K, and assets of $82K (revenue -15.2% year-over-year).
- 2013: Revenue of $256K, expenses of $243K, and assets of $125K (revenue +9.3% year-over-year).
- 2012: Revenue of $234K, expenses of $240K, and assets of $113K (revenue -0.9% year-over-year).
- 2011: Revenue of $236K, expenses of $239K, and assets of $127K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For The Handicapped:
Data Sources and Methodology
This transparency report for Foundation For The Handicapped 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.