German Cultural Society Inc
German Cultural Society Inc: Declining Revenue & Asset Trends
EIN: 222174397 · Saddle River, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $205K |
| Total Expenses | $171K |
| Program Spending | 70% |
| Net Assets | $188K |
| Transparency Score | 65/100 |
Is German Cultural Society Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
German Cultural Society Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About German Cultural Society Inc
German Cultural Society Inc (EIN: 222174397) is a nonprofit organization based in Saddle River, NJ. The organization reported total revenue of $205K and total assets of $274K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of German Cultural Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
German Cultural Society Inc is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $153K |
| Total Expenses | $171K |
| Surplus / Deficit | $-18,101 |
| Total Assets | $255K |
| Total Liabilities | $66K |
| Net Assets | $188K |
| Operating Margin | -11.8% |
| Debt-to-Asset Ratio | 26.1% |
| Months of Reserves | 17.9 months |
Financial Health Grade: B
In 2023, German Cultural Society Inc reported a deficit of $18K with expenses exceeding revenue, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 26.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), German Cultural Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.7% | +3.9% | -15.9% |
| 2022 | -11.9% | +8.6% | -1.4% |
| 2021 | -15.4% | -30.9% | -0.1% |
| 2020 | -0.7% | +14.5% | -13.0% |
| 2019 | +2.8% | +7.2% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1980 |
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 German Cultural Society Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, German Cultural Society Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.1%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, making a specific assessment impossible.
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 German Cultural Society Inc's IRS 990 filings:
- Revenue has shown a consistent decline from $188,282 in 2019 to $152,884 in 2023.
- Total assets have decreased significantly from $362,325 in 2018 to $254,629 in 2023.
- Expenses have frequently exceeded revenue, leading to net losses in multiple years (e.g., 2023: $170,985 expenses vs. $152,884 revenue).
- Liabilities have fluctuated but remain substantial relative to assets (e.g., $66,415 in 2023).
Strengths
The following positive indicators were identified for German Cultural Society Inc:
- Consistent filing of financial data over multiple years.
- Maintains a positive asset base, despite declines.
Frequently Asked Questions about German Cultural Society Inc
Is German Cultural Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, German Cultural Society Inc (EIN: 222174397) some concerns. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
How does German Cultural Society Inc spend its money?
German Cultural Society Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to German Cultural Society Inc tax-deductible?
German Cultural Society Inc is registered as a tax-exempt nonprofit (EIN: 222174397). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of German Cultural Society Inc's spending goes to programs?
German Cultural Society Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is German Cultural Society Inc located?
German Cultural Society Inc is headquartered in Saddle River, New Jersey and files with the IRS under EIN 222174397.
How many years of IRS 990 filings does German Cultural Society Inc have?
German Cultural Society 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 $205K in total revenue.
What does German Cultural Society Inc do?
German Cultural Society Inc is a nonprofit organization in the Unknown sector, located in Saddle River, New Jersey. It is classified under NTEE code Unknown.
How much revenue does German Cultural Society Inc have?
German Cultural Society Inc reported total revenue of $204,555. Based on 13 IRS 990 filings on record.
What are German Cultural Society Inc's total assets?
German Cultural Society Inc holds total assets of $274,215 as reported in IRS 990 filings.
Where is German Cultural Society Inc located?
German Cultural Society Inc is based in Saddle River, New Jersey.
What is German Cultural Society Inc's EIN?
German Cultural Society Inc's Employer Identification Number (EIN) is 222174397. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is German Cultural Society Inc?
German Cultural Society Inc is classified under NTEE code Unknown (Unknown).
Is German Cultural Society Inc a registered 501(c)(3)?
German Cultural Society Inc appears in IRS records (EIN: 222174397). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does German Cultural Society Inc file IRS Form 990?
Yes, German Cultural Society Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was German Cultural Society Inc's revenue in 2023?
In the 202308 filing period, German Cultural Society Inc reported total revenue of $152,884, total expenses of $170,985, and net assets of $254,629.
Is German Cultural Society Inc's revenue growing or declining?
German Cultural Society Inc's revenue is growing. Revenue went from $139,375 (202208) to $152,884 (202308), a +9.7% change. Based on 13 filings on record.
What is German Cultural Society Inc's most recent 990 filing?
The most recent IRS Form 990 filing for German Cultural Society Inc covers tax period 202308. It shows revenue of $152,884, expenses of $170,985, total assets of $254,629, and liabilities of $66,415.
How much does German Cultural Society Inc spend on programs vs administration?
Based on IRS 990 analysis, German Cultural Society Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is German Cultural Society Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, German Cultural Society Inc shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for German Cultural Society Inc?
The following concerns were identified: Revenue has shown a consistent decline from $188,282 in 2019 to $152,884 in 2023.. Total assets have decreased significantly from $362,325 in 2018 to $254,629 in 2023.. Expenses have frequently exceeded revenue, leading to net losses in multiple years (e.g., 2023: $170,985 expenses vs. $152,884 revenue).. Liabilities have fluctuated but remain substantial relative to assets (e.g., $66,415 in 2023).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are German Cultural Society Inc's strengths?
Positive indicators for German Cultural Society Inc include: Consistent filing of financial data over multiple years.. Maintains a positive asset base, despite declines.. These findings are derived from AI analysis of the organization's financial filings.
How does German Cultural Society Inc compensate executives?
Executive compensation is not reported in the provided data, making a specific assessment impossible. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is the long-term strategy to reverse the trend of declining revenue and assets?
The provided data does not include strategic plans, but the consistent decline suggests a need for new fundraising initiatives or program diversification to stabilize finances.
How does the organization plan to address the recurring deficit where expenses exceed revenue?
Without detailed expense breakdowns, it's unclear if cost-cutting measures or increased revenue generation are being prioritized. The organization needs to balance its operational costs with its income.
Filing History
IRS 990 filing history for German Cultural Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), German Cultural Society Inc's revenue has grown by 20.8%, moving from $127K to $153K. Total assets increased by 15.7% over the same period, from $220K to $255K. Total functional expenses rose by 60.5%, from $107K to $171K. In its most recent filing year (2023), German Cultural Society Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $66K in liabilities against $255K in assets (debt-to-asset ratio: 26.1%), resulting in net assets of $188K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $153K | $171K | $255K | $66K | — | View 990 |
| 2022 | $139K | $165K | $303K | $97K | — | View 990 |
| 2021 | $158K | $152K | $307K | $75K | — | View 990 |
| 2020 | $187K | $219K | $307K | $82K | — | View 990 |
| 2019 | $188K | $192K | $353K | $96K | — | View 990 |
| 2018 | $183K | $179K | $362K | $102K | — | View 990 |
| 2017 | $163K | $152K | $334K | $78K | — | View 990 |
| 2016 | $147K | $125K | $351K | $106K | — | View 990 |
| 2015 | $144K | $121K | $292K | $68K | — | View 990 |
| 2014 | $107K | $122K | $273K | $73K | — | View 990 |
| 2013 | $139K | $117K | $275K | $60K | — | View 990 |
| 2012 | $145K | $113K | $263K | $70K | — | View 990 |
| 2011 | $127K | $107K | $220K | $59K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $153K, expenses of $171K, and assets of $255K (revenue +9.7% year-over-year).
- 2022: Revenue of $139K, expenses of $165K, and assets of $303K (revenue -11.9% year-over-year).
- 2021: Revenue of $158K, expenses of $152K, and assets of $307K (revenue -15.4% year-over-year).
- 2020: Revenue of $187K, expenses of $219K, and assets of $307K (revenue -0.7% year-over-year).
- 2019: Revenue of $188K, expenses of $192K, and assets of $353K (revenue +2.8% year-over-year).
- 2018: Revenue of $183K, expenses of $179K, and assets of $362K (revenue +12.7% year-over-year).
- 2017: Revenue of $163K, expenses of $152K, and assets of $334K (revenue +10.9% year-over-year).
- 2016: Revenue of $147K, expenses of $125K, and assets of $351K (revenue +1.8% year-over-year).
- 2015: Revenue of $144K, expenses of $121K, and assets of $292K (revenue +34.0% year-over-year).
- 2014: Revenue of $107K, expenses of $122K, and assets of $273K (revenue -22.8% year-over-year).
- 2013: Revenue of $139K, expenses of $117K, and assets of $275K (revenue -4.2% year-over-year).
- 2012: Revenue of $145K, expenses of $113K, and assets of $263K (revenue +14.7% year-over-year).
- 2011: Revenue of $127K, expenses of $107K, and assets of $220K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for German Cultural Society Inc:
Data Sources and Methodology
This transparency report for German Cultural Society 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.