Friends Of Nagoya Theological Seminary

Is Friends Of Nagoya Theological Seminary Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Friends Of Nagoya Theological Seminary directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Friends Of Nagoya Theological Seminary

Friends Of Nagoya Theological Seminary (EIN: 200289989) is a nonprofit organization based in Bryn Mawr, PA, classified under NTEE code X112. The organization reported total revenue of $1.4M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Nagoya Theological Seminary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of Nagoya Theological Seminary with a Mission Score of 92 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: 90%
• fundraising: 0%

According to IRS 990 filings, Friends Of Nagoya Theological Seminary allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly favorable for donor perception and resource allocation.

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.

Strengths

The following positive indicators were identified for Friends Of Nagoya Theological Seminary:

• Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
• Zero liabilities reported across all available filings, demonstrating exceptional financial stability and no debt burden.
• Healthy and growing asset base, increasing from $608,080 in 201512 to $1,151,065 in 202403.
• Strong financial management, often operating with a significant surplus, as seen in the 202403 period with revenue of $195,048 and expenses of $16,782.

Frequently Asked Questions about Friends Of Nagoya Theological Seminary

Filing History

IRS 990 filing history for Friends Of Nagoya Theological Seminary showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Friends Of Nagoya Theological Seminary's revenue has declined by 68.7%, moving from $622K to $195K. Total assets increased by 38.8% over the same period, from $829K to $1.2M. Total functional expenses fell by 98.5%, from $1.1M to $17K. In its most recent filing year (2024), Friends Of Nagoya Theological Seminary reported a surplus of $178K, with revenue exceeding expenses.

Year-by-Year Financial Summary

• 2024: Revenue of $195K, expenses of $17K, and assets of $1.2M (revenue -14.7% year-over-year).
• 2023: Revenue of $229K, expenses of $244K, and assets of $940K (revenue -7.4% year-over-year).
• 2022: Revenue of $247K, expenses of $372K, and assets of $872K (revenue -35.4% year-over-year).
• 2021: Revenue of $382K, expenses of $248K, and assets of $1.2M (revenue +33.8% year-over-year).
• 2020: Revenue of $286K, expenses of $119K, and assets of $1.0M (revenue +10.1% year-over-year).
• 2019: Revenue of $259K, expenses of $112K, and assets of $773K (revenue +20.2% year-over-year).
• 2018: Revenue of $216K, expenses of $129K, and assets of $625K (revenue +18.4% year-over-year).
• 2017: Revenue of $182K, expenses of $146K, and assets of $605K (revenue +10.3% year-over-year).
• 2016: Revenue of $165K, expenses of $258K, and assets of $537K (revenue -19.2% year-over-year).
• 2015: Revenue of $204K, expenses of $297K, and assets of $608K (revenue -15.6% year-over-year).
• 2014: Revenue of $242K, expenses of $261K, and assets of $700K (revenue +3.7% year-over-year).
• 2013: Revenue of $234K, expenses of $409K, and assets of $723K (revenue -25.2% year-over-year).
• 2012: Revenue of $312K, expenses of $241K, and assets of $901K (revenue -49.8% year-over-year).
• 2011: Revenue of $622K, expenses of $1.1M, and assets of $829K.

Data Sources and Methodology

This transparency report for Friends Of Nagoya Theological Seminary 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.