Friends Of Falun Gong
Friends Of Falun Gong maintains growing assets with fluctuating revenue and no reported officer compensation.
EIN: 134145670 · Wayne, NJ · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $500K |
| Total Expenses | $957K |
| Program Spending | 85% |
| Net Assets | $2.3M |
| Transparency Score | 85/100 |
Is Friends Of Falun Gong Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Falun Gong directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Falun Gong
Friends Of Falun Gong (EIN: 134145670) is a nonprofit organization based in Wayne, NJ, classified under NTEE code B99. The organization reported total revenue of $500K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Falun Gong's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Falun Gong is a small nonprofit that has been operating for 25 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $957K |
| Surplus / Deficit | +$163K |
| Total Assets | $2.6M |
| Total Liabilities | $332K |
| Net Assets | $2.3M |
| Operating Margin | 14.6% |
| Debt-to-Asset Ratio | 12.6% |
| Months of Reserves | 33.1 months |
Financial Health Grade: A
In 2022, Friends Of Falun Gong reported a surplus of $163K with revenue exceeding expenses, holds 33.1 months of operating reserves (strong position), has a debt-to-asset ratio of 12.6% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2022), Friends Of Falun Gong's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -40.7% | -53.9% | +22.1% |
| 2021 | -53.5% | -42.8% | -7.7% |
| 2020 | +22.4% | +29.1% | +1.4% |
| 2019 | +18.1% | -8.3% | +56.7% |
| 2018 | +13.7% | +41.1% | -15.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Friends Of Falun Gong with a Mission Score of 85 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Friends Of Falun Gong allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $163K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid volunteers or compensated through other means not reported as officer compensation on the 990, which is highly unusual for an organization with multi-million dollar revenues.
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 Friends Of Falun Gong's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $4.06M in 2020 to $1.12M in 2022)
- Unusually consistent 0% officer compensation for an organization with multi-million dollar revenues, which might warrant further investigation into compensation structures.
Strengths
The following positive indicators were identified for Friends Of Falun Gong:
- Consistent asset growth over the past decade, from $966,921 in 2012 to $2,637,830 in 2022.
- No reported officer compensation, indicating a potentially high proportion of funds directed to programs.
- Long history of IRS 990 filings, demonstrating transparency and accountability.
- Generally positive net assets, indicating financial stability.
Frequently Asked Questions about Friends Of Falun Gong
Is Friends Of Falun Gong a legitimate charity?
Friends Of Falun Gong (EIN: 134145670) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $500K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Friends Of Falun Gong spend its money?
Friends Of Falun Gong directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of Falun Gong tax-deductible?
Friends Of Falun Gong is registered as a tax-exempt nonprofit (EIN: 134145670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Falun Gong's spending goes to programs?
Friends Of Falun Gong directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Falun Gong compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Friends Of Falun Gong is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Falun Gong located?
Friends Of Falun Gong is headquartered in Wayne, New Jersey and files with the IRS under EIN 134145670. It is classified under NTEE code B99.
How many years of IRS 990 filings does Friends Of Falun Gong have?
Friends Of Falun Gong has 11 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 $500K in total revenue.
How does Friends Of Falun Gong manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or compensated through mechanisms not classified as officer compensation on the IRS Form 990. This is a significant factor in its operational efficiency.
What caused the significant drop in revenue from $4.06 million in 2020 to $1.12 million in 2022?
The provided data does not specify the reasons for the revenue fluctuations. This could be due to changes in fundraising strategies, donor contributions, or external economic factors affecting donations.
What is the organization's primary source of revenue?
The provided IRS 990 data does not detail the specific sources of revenue (e.g., donations, grants, program service revenue), only the total revenue figures.
Filing History
IRS 990 filing history for Friends Of Falun Gong showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Friends Of Falun Gong's revenue has declined by 0.1%, moving from $1.1M to $1.1M. Total assets increased by 94.9% over the same period, from $1.4M to $2.6M. Total functional expenses rose by 19.9%, from $798K to $957K. In its most recent filing year (2022), Friends Of Falun Gong reported a surplus of $163K, with revenue exceeding expenses. The organization holds $332K in liabilities against $2.6M in assets (debt-to-asset ratio: 12.6%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.1M | $957K | $2.6M | $332K | — | — |
| 2021 | $1.9M | $2.1M | $2.2M | $17K | — | View 990 |
| 2020 | $4.1M | $3.6M | $2.3M | $8K | — | View 990 |
| 2019 | $3.3M | $2.8M | $2.3M | $402K | — | View 990 |
| 2018 | $2.8M | $3.1M | $1.5M | $70K | — | View 990 |
| 2017 | $2.5M | $2.2M | $1.7M | $74K | — | View 990 |
| 2016 | $3.0M | $2.7M | $1.5M | $107K | — | View 990 |
| 2015 | $2.7M | $2.9M | $1.1M | $70K | — | View 990 |
| 2013 | $1.8M | $1.8M | $988K | $16K | — | View 990 |
| 2012 | $1.3M | $1.7M | $967K | $13K | — | View 990 |
| 2011 | $1.1M | $798K | $1.4M | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.1M, expenses of $957K, and assets of $2.6M (revenue -40.7% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.1M, and assets of $2.2M (revenue -53.5% year-over-year).
- 2020: Revenue of $4.1M, expenses of $3.6M, and assets of $2.3M (revenue +22.4% year-over-year).
- 2019: Revenue of $3.3M, expenses of $2.8M, and assets of $2.3M (revenue +18.1% year-over-year).
- 2018: Revenue of $2.8M, expenses of $3.1M, and assets of $1.5M (revenue +13.7% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.2M, and assets of $1.7M (revenue -18.7% year-over-year).
- 2016: Revenue of $3.0M, expenses of $2.7M, and assets of $1.5M (revenue +14.4% year-over-year).
- 2015: Revenue of $2.7M, expenses of $2.9M, and assets of $1.1M (revenue +48.7% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.8M, and assets of $988K (revenue +37.5% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.7M, and assets of $967K (revenue +15.8% year-over-year).
- 2011: Revenue of $1.1M, expenses of $798K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Falun Gong:
Data Sources and Methodology
This transparency report for Friends Of Falun Gong 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.