Friendship Circle A Nj Nonprofit Corporation
Friendship Circle A Nj Nonprofit Corporation shows consistent revenue growth and no reported officer compensation, often operating with tight margins.
EIN: 203134401 · Manalapan, NJ · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $481K |
| Total Expenses | $412K |
| Program Spending | 80% |
| Net Assets | $37K |
| Transparency Score | 85/100 |
Is Friendship Circle A Nj Nonprofit Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friendship Circle A Nj Nonprofit Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friendship Circle A Nj Nonprofit Corporation
Friendship Circle A Nj Nonprofit Corporation (EIN: 203134401) is a nonprofit organization based in Manalapan, NJ, classified under NTEE code P30. The organization reported total revenue of $481K and total assets of $125K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendship Circle A Nj Nonprofit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friendship Circle A Nj Nonprofit Corporation is a small nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $383K |
| Total Expenses | $412K |
| Surplus / Deficit | $-29,622 |
| Total Assets | $107K |
| Total Liabilities | $71K |
| Net Assets | $37K |
| Operating Margin | -7.7% |
| Debt-to-Asset Ratio | 65.9% |
| Months of Reserves | 3.1 months |
Financial Health Grade: C
In 2023, Friendship Circle A Nj Nonprofit Corporation reported a deficit of $30K with expenses exceeding revenue, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 65.9% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Friendship Circle A Nj Nonprofit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | +14.0% | -22.8% |
| 2022 | +20.9% | +26.1% | -0.8% |
| 2021 | +11.4% | +12.9% | +6.1% |
| 2020 | -21.4% | -23.7% | +26.8% |
| 2019 | +22.3% | +6.7% | +31.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Friendship Circle A Nj Nonprofit Corporation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Friendship Circle A Nj Nonprofit Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 65.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for directing funds to its mission.
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 Friendship Circle A Nj Nonprofit Corporation's IRS 990 filings:
- Liabilities sometimes exceed assets (e.g., 2020: $154,824 liabilities vs. $132,111 assets), indicating potential financial vulnerability.
- Expenses frequently exceed revenue (e.g., 2023: $412,132 expenses vs. $382,510 revenue), suggesting reliance on prior period surpluses or new funding to cover shortfalls.
Strengths
The following positive indicators were identified for Friendship Circle A Nj Nonprofit Corporation:
- Consistent revenue growth over the past decade, from $174,113 in 2014 to $382,510 in 2023, indicating expanding support and operations.
- 0% officer compensation reported across all filings, demonstrating a strong commitment to directing funds towards the mission rather than executive salaries.
- Steady increase in assets over time, from $5,841 in 2014 to $107,447 in 2023, showing some financial growth and capacity building.
Frequently Asked Questions about Friendship Circle A Nj Nonprofit Corporation
Is Friendship Circle A Nj Nonprofit Corporation a legitimate charity?
Friendship Circle A Nj Nonprofit Corporation (EIN: 203134401) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $481K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Friendship Circle A Nj Nonprofit Corporation spend its money?
Friendship Circle A Nj Nonprofit Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friendship Circle A Nj Nonprofit Corporation tax-deductible?
Friendship Circle A Nj Nonprofit Corporation is registered as a tax-exempt nonprofit (EIN: 203134401). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friendship Circle A Nj Nonprofit Corporation's spending goes to programs?
Friendship Circle A Nj Nonprofit Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friendship Circle A Nj Nonprofit Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Friendship Circle A Nj Nonprofit Corporation is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friendship Circle A Nj Nonprofit Corporation located?
Friendship Circle A Nj Nonprofit Corporation is headquartered in Manalapan, New Jersey and files with the IRS under EIN 203134401. It is classified under NTEE code P30.
How many years of IRS 990 filings does Friendship Circle A Nj Nonprofit Corporation have?
Friendship Circle A Nj Nonprofit Corporation has 14 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 $481K in total revenue.
How does Friendship Circle A Nj Nonprofit Corporation manage its liabilities, which have sometimes exceeded assets?
The organization's liabilities have at times exceeded its assets, for example, $154,824 in liabilities against $132,111 in assets in 2020. This suggests a reliance on short-term funding or operational cash flow to cover obligations, which could be a point of financial vulnerability if not managed carefully.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the provided data does not offer a detailed functional expense breakdown, the consistent reporting of 0% officer compensation suggests a strong focus on minimizing overhead at the leadership level. A full 990 form would provide these specific percentages.
Given the consistent growth, what are the organization's plans for building reserves or increasing its asset base?
The organization has shown asset growth from $5,841 in 2014 to $107,447 in 2023, but often operates with expenses close to or exceeding revenue. Future plans for building more substantial reserves or a stronger asset base are not detailed in the provided summary data but would enhance long-term stability.
Filing History
IRS 990 filing history for Friendship Circle A Nj Nonprofit Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Friendship Circle A Nj Nonprofit Corporation's revenue has grown by 263.4%, moving from $105K to $383K. Total assets increased by 1032.6% over the same period, from $9K to $107K. Total functional expenses rose by 330.4%, from $96K to $412K. In its most recent filing year (2023), Friendship Circle A Nj Nonprofit Corporation reported a deficit of $30K, with expenses exceeding revenue. The organization holds $71K in liabilities against $107K in assets (debt-to-asset ratio: 65.9%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $383K | $412K | $107K | $71K | — | View 990 |
| 2022 | $369K | $361K | $139K | $136K | — | View 990 |
| 2021 | $305K | $287K | $140K | $144K | — | View 990 |
| 2020 | $274K | $254K | $132K | $155K | — | View 990 |
| 2019 | $349K | $332K | $104K | $147K | — | View 990 |
| 2018 | $285K | $312K | $79K | $138K | — | View 990 |
| 2017 | $203K | $232K | $71K | $104K | — | View 990 |
| 2016 | $248K | $240K | $62K | $66K | — | View 990 |
| 2015 | $219K | $236K | $10K | $22K | — | View 990 |
| 2014 | $174K | $198K | $6K | $0 | — | — |
| 2013 | $203K | $200K | $29K | $0 | — | View 990 |
| 2012 | $194K | $190K | $26K | $0 | — | View 990 |
| 2011 | $133K | $120K | $22K | $0 | — | View 990 |
| 2010 | $105K | $96K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $383K, expenses of $412K, and assets of $107K (revenue +3.6% year-over-year).
- 2022: Revenue of $369K, expenses of $361K, and assets of $139K (revenue +20.9% year-over-year).
- 2021: Revenue of $305K, expenses of $287K, and assets of $140K (revenue +11.4% year-over-year).
- 2020: Revenue of $274K, expenses of $254K, and assets of $132K (revenue -21.4% year-over-year).
- 2019: Revenue of $349K, expenses of $332K, and assets of $104K (revenue +22.3% year-over-year).
- 2018: Revenue of $285K, expenses of $312K, and assets of $79K (revenue +40.4% year-over-year).
- 2017: Revenue of $203K, expenses of $232K, and assets of $71K (revenue -18.0% year-over-year).
- 2016: Revenue of $248K, expenses of $240K, and assets of $62K (revenue +13.1% year-over-year).
- 2015: Revenue of $219K, expenses of $236K, and assets of $10K (revenue +25.7% year-over-year).
- 2014: Revenue of $174K, expenses of $198K, and assets of $6K (revenue -14.4% year-over-year).
- 2013: Revenue of $203K, expenses of $200K, and assets of $29K (revenue +4.7% year-over-year).
- 2012: Revenue of $194K, expenses of $190K, and assets of $26K (revenue +46.1% year-over-year).
- 2011: Revenue of $133K, expenses of $120K, and assets of $22K (revenue +26.3% year-over-year).
- 2010: Revenue of $105K, expenses of $96K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friendship Circle A Nj Nonprofit Corporation:
Data Sources and Methodology
This transparency report for Friendship Circle A Nj Nonprofit Corporation 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.