Friends Of Jaclyn Inc
Friends Of Jaclyn Inc. consistently operates with no officer compensation, directing funds to programs despite fluctuating asset levels.
EIN: 208326822 · Hopewell Jct, NY · NTEE: E80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $600K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $639,397. |
| Net Assets | $46K |
| Transparency Score | 85/100 |
Is Friends Of Jaclyn Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Jaclyn Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Jaclyn Inc
Friends Of Jaclyn Inc (EIN: 208326822) is a nonprofit organization based in Hopewell Jct, NY, classified under NTEE code E80. The organization reported total revenue of $3.5M and total assets of $165K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Jaclyn Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Jaclyn Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $639K |
| Total Expenses | $600K |
| Surplus / Deficit | +$39K |
| Total Assets | $51K |
| Total Liabilities | $4K |
| Net Assets | $46K |
| Operating Margin | 6.1% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 1.0 months |
Financial Health Grade: A
In 2023, Friends Of Jaclyn Inc reported a surplus of $39K with revenue exceeding expenses, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Jaclyn Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +139.0% | +60.8% | +276.5% |
| 2022 | -22.2% | -9.3% | -88.1% |
| 2021 | -1.2% | +8.6% | -63.0% |
| 2020 | -25.9% | -31.8% | -10.2% |
| 2019 | +0.5% | +35.5% | -20.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Jaclyn Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Friends Of Jaclyn Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led or very low-cost leadership structure, which is highly favorable for an organization of its size with latest revenue of $639,397.
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 Jaclyn Inc's IRS 990 filings:
- Significant decline in assets from $529,682 in 2015 to $50,608 in 2023, potentially indicating less financial resilience.
- Inconsistent revenue generation year-over-year, which could impact long-term planning.
Strengths
The following positive indicators were identified for Friends Of Jaclyn Inc:
- Consistent 0% officer compensation across all reported periods, demonstrating a strong commitment to program efficiency.
- Low liabilities, indicating responsible financial management and minimal debt burden.
- High program spending ratio, suggesting a strong focus on mission delivery.
- Positive net income in 2023 ($639,397 revenue vs. $600,454 expenses), indicating operational sustainability.
Frequently Asked Questions about Friends Of Jaclyn Inc
Is Friends Of Jaclyn Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Jaclyn Inc (EIN: 208326822) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Friends Of Jaclyn Inc spend its money?
Friends Of Jaclyn Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Jaclyn Inc tax-deductible?
Friends Of Jaclyn Inc is registered as a tax-exempt nonprofit (EIN: 208326822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friends Of Jaclyn Inc CEO make?
Friends Of Jaclyn Inc's highest-compensated officer earns $639,397. annually. The organization reported $3.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friends Of Jaclyn Inc's spending goes to programs?
Friends Of Jaclyn Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Jaclyn Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Friends Of Jaclyn Inc is above average for NTEE category E80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Jaclyn Inc located?
Friends Of Jaclyn Inc is headquartered in Hopewell Jct, New York and files with the IRS under EIN 208326822. It is classified under NTEE code E80.
How many years of IRS 990 filings does Friends Of Jaclyn Inc have?
Friends Of Jaclyn Inc has 13 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 $3.5M in total revenue.
Is Friends Of Jaclyn Inc. a good charity?
Based on the provided data, Friends Of Jaclyn Inc. appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission. Its program spending is high, and liabilities are consistently low.
How has the organization's financial stability changed over time?
The organization's financial stability has been generally consistent in terms of revenue and expenses, often operating near break-even or with small surpluses/deficits. However, its assets have significantly decreased from a high of $529,682 in 2015 to $50,608 in 2023, suggesting a reduced financial cushion.
What is the trend in the organization's revenue?
Revenue has fluctuated over the years, with a high of $469,657 in 2019 and a low of $267,550 in 2022. The latest reported revenue for 2023 was $639,397, showing a significant increase from the previous year.
Filing History
IRS 990 filing history for Friends Of Jaclyn Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Jaclyn Inc's revenue has grown by 449.4%, moving from $116K to $639K. Total assets decreased by 81.1% over the same period, from $268K to $51K. Total functional expenses rose by 169.5%, from $223K to $600K. In its most recent filing year (2023), Friends Of Jaclyn Inc reported a surplus of $39K, with revenue exceeding expenses. The organization holds $4K in liabilities against $51K in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $639K | $600K | $51K | $4K | — | View 990 |
| 2022 | $268K | $374K | $13K | $6K | — | — |
| 2021 | $344K | $412K | $113K | $56 | — | View 990 |
| 2020 | $348K | $379K | $306K | $166 | — | View 990 |
| 2019 | $470K | $556K | $341K | $4K | — | View 990 |
| 2018 | $468K | $411K | $428K | $4K | — | View 990 |
| 2017 | $421K | $573K | $372K | $5K | — | View 990 |
| 2016 | $349K | $347K | $523K | $4K | — | View 990 |
| 2015 | $402K | $359K | $530K | $13K | — | View 990 |
| 2014 | $456K | $339K | $480K | $6K | — | View 990 |
| 2013 | $342K | $237K | $361K | $5K | — | View 990 |
| 2012 | $145K | $158K | $258K | $7K | — | View 990 |
| 2011 | $116K | $223K | $268K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $639K, expenses of $600K, and assets of $51K (revenue +139.0% year-over-year).
- 2022: Revenue of $268K, expenses of $374K, and assets of $13K (revenue -22.2% year-over-year).
- 2021: Revenue of $344K, expenses of $412K, and assets of $113K (revenue -1.2% year-over-year).
- 2020: Revenue of $348K, expenses of $379K, and assets of $306K (revenue -25.9% year-over-year).
- 2019: Revenue of $470K, expenses of $556K, and assets of $341K (revenue +0.5% year-over-year).
- 2018: Revenue of $468K, expenses of $411K, and assets of $428K (revenue +11.0% year-over-year).
- 2017: Revenue of $421K, expenses of $573K, and assets of $372K (revenue +20.7% year-over-year).
- 2016: Revenue of $349K, expenses of $347K, and assets of $523K (revenue -13.1% year-over-year).
- 2015: Revenue of $402K, expenses of $359K, and assets of $530K (revenue -12.0% year-over-year).
- 2014: Revenue of $456K, expenses of $339K, and assets of $480K (revenue +33.4% year-over-year).
- 2013: Revenue of $342K, expenses of $237K, and assets of $361K (revenue +135.3% year-over-year).
- 2012: Revenue of $145K, expenses of $158K, and assets of $258K (revenue +25.0% year-over-year).
- 2011: Revenue of $116K, expenses of $223K, and assets of $268K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Jaclyn Inc:
Data Sources and Methodology
This transparency report for Friends Of Jaclyn 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.