Fox Lake Ahf Inc
Fox Lake Ahf Inc consistently operates at a deficit, with liabilities significantly exceeding assets over the past decade.
EIN: 202562976 · Lakewood, NJ · NTEE: L21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.0M |
| Total Expenses | $8.5M |
| Program Spending | 75% |
| Net Assets | $-17,653,112 |
| Transparency Score | 40/100 |
Is Fox Lake Ahf Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fox Lake Ahf Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fox Lake Ahf Inc
Fox Lake Ahf Inc (EIN: 202562976) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code L21. The organization reported total revenue of $6.0M and total assets of $17.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fox Lake Ahf Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fox Lake Ahf Inc is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $8.5M |
| Surplus / Deficit | $-2,499,615 |
| Total Assets | $17.5M |
| Total Liabilities | $35.2M |
| Net Assets | $-17,653,112 |
| Operating Margin | -41.8% |
| Debt-to-Asset Ratio | 200.9% |
| Months of Reserves | 24.7 months |
Financial Health Grade: C
In 2020, Fox Lake Ahf Inc reported a deficit of $2.5M with expenses exceeding revenue, holds 24.7 months of operating reserves (strong position), has a debt-to-asset ratio of 200.9% (high leverage).
Financial Trends
Over 10 years of filings (2011–2020), Fox Lake Ahf Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +4.5% | +10.3% | -7.6% |
| 2019 | -12.6% | +0.2% | -8.8% |
| 2018 | +1.7% | +15.7% | +8.8% |
| 2017 | -1.3% | -0.2% | -3.7% |
| 2016 | +8.7% | +1.8% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Fox Lake Ahf Inc with a Mission Score of 40 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Fox Lake Ahf 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 200.9%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, which could indicate a volunteer board or that compensation is categorized differently, requiring further review of the full 990 forms.
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 Fox Lake Ahf Inc's IRS 990 filings:
- Consistent operating deficits for 10 consecutive years, with 2020 showing a $2.4 million deficit.
- Liabilities consistently exceed assets by a significant margin (e.g., $35.1M liabilities vs. $17.5M assets in 2020), indicating a negative net asset position.
- Declining asset base over the decade, from $25.1M in 2011 to $17.5M in 2020.
- Lack of reported officer compensation could indicate transparency issues if compensation is being paid but not disclosed in this section.
Strengths
The following positive indicators were identified for Fox Lake Ahf Inc:
- No reported officer compensation, which could indicate a volunteer-led board or efficient use of funds in that area (pending further review).
Frequently Asked Questions about Fox Lake Ahf Inc
Is Fox Lake Ahf Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fox Lake Ahf Inc (EIN: 202562976) significant concerns. Mission Score: 40/100. 4 red flags identified, 1 strength noted.
How does Fox Lake Ahf Inc spend its money?
Fox Lake Ahf Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fox Lake Ahf Inc tax-deductible?
Fox Lake Ahf Inc is registered as a tax-exempt nonprofit (EIN: 202562976). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fox Lake Ahf Inc's spending goes to programs?
Fox Lake Ahf Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fox Lake Ahf Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Fox Lake Ahf Inc is near average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fox Lake Ahf Inc located?
Fox Lake Ahf Inc is headquartered in Lakewood, New Jersey and files with the IRS under EIN 202562976. It is classified under NTEE code L21.
How many years of IRS 990 filings does Fox Lake Ahf Inc have?
Fox Lake Ahf Inc has 10 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 $6.0M in total revenue.
Is Fox Lake Ahf Inc financially sustainable given its consistent operating deficits?
The organization has consistently reported expenses exceeding revenue for the past ten years, with a $2.4 million deficit in 2020 alone. This pattern raises significant concerns about its long-term financial sustainability.
What is the source of funding that allows the organization to operate with such large deficits?
With expenses consistently higher than revenue, the organization is either drawing down on reserves (which are negative given liabilities exceed assets) or relying on other forms of financing not immediately apparent in the summary data, such as loans or grants that are not classified as revenue in these summaries.
Why are liabilities consistently double the assets, and what are the implications for the organization's solvency?
In 2020, liabilities were $35,152,238 while assets were $17,499,126. This significant negative net asset position indicates a high level of debt relative to its holdings, posing a substantial risk to its long-term solvency and ability to meet financial obligations.
How does the organization manage to continue operations despite these financial challenges?
Operating with persistent deficits and negative net assets suggests the organization may be relying on continuous borrowing, deferred payments, or other financial strategies that are not detailed in the summary data. A deeper dive into their balance sheet and cash flow statements would be necessary.
Filing History
IRS 990 filing history for Fox Lake Ahf Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Fox Lake Ahf Inc's revenue has grown by 5%, moving from $5.7M to $6.0M. Total assets decreased by 30.5% over the same period, from $25.2M to $17.5M. Total functional expenses rose by 26.2%, from $6.7M to $8.5M. In its most recent filing year (2020), Fox Lake Ahf Inc reported a deficit of $2.5M, with expenses exceeding revenue. The organization holds $35.2M in liabilities against $17.5M in assets (debt-to-asset ratio: 200.9%), resulting in net assets of $-17,653,112.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $6.0M | $8.5M | $17.5M | $35.2M | — | — |
| 2019 | $5.7M | $7.7M | $18.9M | $34.0M | — | View 990 |
| 2018 | $6.6M | $7.7M | $20.8M | $33.6M | — | View 990 |
| 2017 | $6.4M | $6.6M | $19.1M | $29.5M | — | View 990 |
| 2016 | $6.5M | $6.6M | $19.8M | $29.4M | — | View 990 |
| 2015 | $6.0M | $6.5M | $21.1M | $33.2M | — | View 990 |
| 2014 | $5.8M | $6.8M | $22.2M | $33.7M | — | View 990 |
| 2013 | $6.0M | $6.2M | $22.7M | $33.3M | — | View 990 |
| 2012 | $5.8M | $6.2M | $23.8M | $34.1M | — | View 990 |
| 2011 | $5.7M | $6.7M | $25.2M | $35.1M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $6.0M, expenses of $8.5M, and assets of $17.5M (revenue +4.5% year-over-year).
- 2019: Revenue of $5.7M, expenses of $7.7M, and assets of $18.9M (revenue -12.6% year-over-year).
- 2018: Revenue of $6.6M, expenses of $7.7M, and assets of $20.8M (revenue +1.7% year-over-year).
- 2017: Revenue of $6.4M, expenses of $6.6M, and assets of $19.1M (revenue -1.3% year-over-year).
- 2016: Revenue of $6.5M, expenses of $6.6M, and assets of $19.8M (revenue +8.7% year-over-year).
- 2015: Revenue of $6.0M, expenses of $6.5M, and assets of $21.1M (revenue +2.9% year-over-year).
- 2014: Revenue of $5.8M, expenses of $6.8M, and assets of $22.2M (revenue -2.1% year-over-year).
- 2013: Revenue of $6.0M, expenses of $6.2M, and assets of $22.7M (revenue +2.5% year-over-year).
- 2012: Revenue of $5.8M, expenses of $6.2M, and assets of $23.8M (revenue +2.1% year-over-year).
- 2011: Revenue of $5.7M, expenses of $6.7M, and assets of $25.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fox Lake Ahf Inc:
Data Sources and Methodology
This transparency report for Fox Lake Ahf 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.