Friends Of Childrens Village
EIN: 260015105 · Newark, DE · NTEE: Q30
| Metric | Value |
|---|---|
| Total Revenue | $200K |
| Total Expenses | $153K |
| Net Assets | $11K |
Is Friends Of Childrens Village Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of Childrens Village
Friends Of Childrens Village (EIN: 260015105) is a nonprofit organization based in Newark, DE, classified under NTEE code Q30. The organization reported total revenue of $200K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Childrens Village's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Childrens Village is a small nonprofit that has been operating for 13 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $68K |
| Total Expenses | $153K |
| Surplus / Deficit | $-85,461 |
| Total Assets | $11K |
| Net Assets | $11K |
| Operating Margin | -126.5% |
| Months of Reserves | 0.8 months |
Financial Health Grade: C
In 2023, Friends Of Childrens Village reported a deficit of $85K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), Friends Of Childrens Village's revenue has declined at a compound annual growth rate (CAGR) of -7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.7% | +18.9% | -88.8% |
| 2022 | -6.4% | +16.7% | +39.9% |
| 2021 | +61.9% | -3.3% | +458.2% |
| 2020 | +12.6% | +0.4% | -47.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of Childrens Village has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of Childrens Village with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $85K, with expenses exceeding revenue.
Frequently Asked Questions about Friends Of Childrens Village
Is Friends Of Childrens Village a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Childrens Village (EIN: 260015105) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friends Of Childrens Village spend its money?
Detailed spending breakdown data is not yet available for Friends Of Childrens Village. Check back for updated IRS 990 analysis.
Are donations to Friends Of Childrens Village tax-deductible?
Friends Of Childrens Village is registered as a tax-exempt nonprofit (EIN: 260015105). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of Childrens Village located?
Friends Of Childrens Village is headquartered in Newark, Delaware and files with the IRS under EIN 260015105. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Friends Of Childrens Village have?
Friends Of Childrens Village has 5 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 $200K in total revenue.
Filing History
IRS 990 filing history for Friends Of Childrens Village showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Friends Of Childrens Village's revenue has declined by 26.2%, moving from $91K to $68K. Total assets decreased by 53.9% over the same period, from $23K to $11K. Total functional expenses rose by 34.7%, from $114K to $153K. In its most recent filing year (2023), Friends Of Childrens Village reported a deficit of $85K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $68K | $153K | $11K | $0 | — | View 990 |
| 2022 | $156K | $129K | $96K | $0 | — | View 990 |
| 2021 | $167K | $110K | $69K | $0 | — | View 990 |
| 2020 | $103K | $114K | $12K | $0 | — | View 990 |
| 2019 | $91K | $114K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $68K, expenses of $153K, and assets of $11K (revenue -56.7% year-over-year).
- 2022: Revenue of $156K, expenses of $129K, and assets of $96K (revenue -6.4% year-over-year).
- 2021: Revenue of $167K, expenses of $110K, and assets of $69K (revenue +61.9% year-over-year).
- 2020: Revenue of $103K, expenses of $114K, and assets of $12K (revenue +12.6% year-over-year).
- 2019: Revenue of $91K, expenses of $114K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Childrens Village:
Data Sources and Methodology
This transparency report for Friends Of Childrens Village 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.