John L Neu Family Foundation Inc
John L Neu Family Foundation Inc. faces persistent operating deficits and significant asset decline.
EIN: 133731089 · Kearny, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.6M |
| Program Spending | 70% |
| Net Assets | $1.5M |
| Transparency Score | 55/100 |
Is John L Neu Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John L Neu Family Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About John L Neu Family Foundation Inc
John L Neu Family Foundation Inc (EIN: 133731089) is a nonprofit organization based in Kearny, NJ. The organization reported total revenue of $2.1M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John L Neu Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John L Neu Family Foundation Inc is a mid-size nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $850K |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-792,057 |
| Total Assets | $1.5M |
| Total Liabilities | $3K |
| Net Assets | $1.5M |
| Operating Margin | -93.1% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 11.2 months |
Financial Health Grade: B
In 2023, John L Neu Family Foundation Inc reported a deficit of $792K with expenses exceeding revenue, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), John L Neu Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +228.9% | -19.8% | -40.4% |
| 2022 | -93.9% | -3.7% | -37.4% |
| 2021 | +156.7% | -15.8% | +147.9% |
| 2020 | +171.4% | +62.4% | -34.5% |
| 2019 | +1013093.3% | -56.3% | -78.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 John L Neu Family Foundation Inc with a Mission Score of 55 out of 100 (Fair). 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, John L Neu Family Foundation 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 $792K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0%, indicating that no salaries are paid to officers, which is a positive for minimizing administrative costs relative to the organization's size and fluctuating financial activity.
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 John L Neu Family Foundation Inc's IRS 990 filings:
- Persistent operating deficits (expenses exceeding revenue) in multiple years, including the latest period (202312: $1,642,366 expenses vs. $850,309 revenue).
- Significant decline in assets over the past decade, from $15,479,405 in 2014 to $1,539,676 in 2023.
- Highly volatile revenue and expense figures, making financial planning and sustainability difficult to assess.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, limiting transparency into spending efficiency.
Strengths
The following positive indicators were identified for John L Neu Family Foundation Inc:
- Consistently reports 0% officer compensation, indicating no executive salaries.
- Generally low liabilities, suggesting minimal debt burden in most periods.
Frequently Asked Questions about John L Neu Family Foundation Inc
Is John L Neu Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, John L Neu Family Foundation Inc (EIN: 133731089) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does John L Neu Family Foundation Inc spend its money?
John L Neu Family Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to John L Neu Family Foundation Inc tax-deductible?
John L Neu Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133731089). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of John L Neu Family Foundation Inc's spending goes to programs?
John L Neu Family Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is John L Neu Family Foundation Inc located?
John L Neu Family Foundation Inc is headquartered in Kearny, New Jersey and files with the IRS under EIN 133731089.
How many years of IRS 990 filings does John L Neu Family Foundation Inc have?
John L Neu Family Foundation Inc has 10 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 $2.1M in total revenue.
Is John L Neu Family Foundation Inc. financially stable?
Based on the provided data, the foundation is not financially stable. In the latest period (202312), expenses ($1,642,366) significantly exceeded revenue ($850,309), and this trend of operating deficits is common across multiple years, leading to a substantial decrease in assets from over $15 million in 2014 to $1.5 million in 2023.
How has the foundation's asset base changed over time?
The foundation's asset base has significantly declined. It peaked at $15,479,405 in 2014 and has steadily decreased to $1,539,676 by 2023, representing a substantial reduction in its financial reserves.
What is the trend in revenue and expenses?
Both revenue and expenses show extreme volatility. Revenue has ranged from $60 to over $15 million, and expenses have ranged from $1.5 million to over $5.5 million. In most recent years, expenses have consistently outpaced revenue.
Does the foundation pay its officers?
No, the foundation consistently reports 0% officer compensation across all provided filing periods, indicating that no salaries are paid to its executives.
What are the liabilities of the foundation?
Liabilities have generally been very low, often reported as $1 or $3,025. However, there was a notable increase to $253,025 in 202212, which then decreased again in 202312 to $3,025.
Filing History
IRS 990 filing history for John L Neu Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), John L Neu Family Foundation Inc's revenue has declined by 16.3%, moving from $1.0M to $850K. Total assets decreased by 87.5% over the same period, from $12.3M to $1.5M. Total functional expenses fell by 63.1%, from $4.5M to $1.6M. In its most recent filing year (2023), John L Neu Family Foundation Inc reported a deficit of $792K, with expenses exceeding revenue. The organization holds $3K in liabilities against $1.5M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $850K | $1.6M | $1.5M | $3K | — | — |
| 2022 | $259K | $2.0M | $2.6M | $253K | — | View 990 |
| 2021 | $4.2M | $2.1M | $4.1M | $3K | — | View 990 |
| 2020 | $1.6M | $2.5M | $1.7M | $3K | — | View 990 |
| 2019 | $608K | $1.6M | $2.5M | $3K | — | View 990 |
| 2015 | $60 | $3.6M | $11.9M | $1 | — | View 990 |
| 2014 | $15.0M | $2.7M | $15.5M | $0 | — | View 990 |
| 2013 | $5K | $3.6M | $3.2M | $1 | — | View 990 |
| 2012 | $12K | $5.5M | $6.8M | $1 | — | View 990 |
| 2011 | $1.0M | $4.5M | $12.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $850K, expenses of $1.6M, and assets of $1.5M (revenue +228.9% year-over-year).
- 2022: Revenue of $259K, expenses of $2.0M, and assets of $2.6M (revenue -93.9% year-over-year).
- 2021: Revenue of $4.2M, expenses of $2.1M, and assets of $4.1M (revenue +156.7% year-over-year).
- 2020: Revenue of $1.6M, expenses of $2.5M, and assets of $1.7M (revenue +171.4% year-over-year).
- 2019: Revenue of $608K, expenses of $1.6M, and assets of $2.5M (revenue +1013093.3% year-over-year).
- 2015: Revenue of $60, expenses of $3.6M, and assets of $11.9M (revenue -100.0% year-over-year).
- 2014: Revenue of $15.0M, expenses of $2.7M, and assets of $15.5M (revenue +296719.5% year-over-year).
- 2013: Revenue of $5K, expenses of $3.6M, and assets of $3.2M (revenue -57.7% year-over-year).
- 2012: Revenue of $12K, expenses of $5.5M, and assets of $6.8M (revenue -98.8% year-over-year).
- 2011: Revenue of $1.0M, expenses of $4.5M, and assets of $12.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John L Neu Family Foundation Inc:
Data Sources and Methodology
This transparency report for John L Neu Family Foundation 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.