Mam Nwj Foundation Inc

Mam Nwj Foundation consistently accumulates assets with low reported expenses and no officer compensation.

EIN: 133505841 · Colts Neck, NJ · Updated: 2026-03-28

$1.4MRevenue

$3.8MAssets

55/100Mission Score (Fair)

About Mam Nwj Foundation Inc

Mam Nwj Foundation Inc (EIN: 133505841) is a nonprofit organization based in Colts Neck, NJ. The organization reported total revenue of $1.4M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mam Nwj Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mam Nwj Foundation Inc demonstrates a consistent pattern of financial growth in its asset base, reaching $3,992,772 in 2023, while maintaining relatively low annual expenses compared to its revenue. For instance, in 2023, the organization reported $246,263 in revenue against only $32,691 in expenses, indicating a significant accumulation of assets rather than extensive program spending. This trend is visible across multiple years, with revenue often substantially exceeding expenses, such as in 2021 where revenue was $388,095 and expenses were $210,369. The organization's liabilities have consistently remained very low, often reported as $1, suggesting strong financial stability and minimal debt.

However, the lack of reported officer compensation across all filings, combined with the significant disparity between revenue and expenses, raises questions about the nature of its operations and how its mission is being fulfilled. While asset growth is positive, the low expense ratios could indicate either highly efficient operations or a limited scope of direct charitable activities relative to its financial capacity. Without detailed breakdowns of expenses, it's challenging to fully assess spending efficiency and program impact. The organization's transparency could be enhanced by providing more detailed information on how its accumulated assets are being utilized to further its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mam Nwj 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: 40%
programs: 50%
fundraising: 10%

According to IRS 990 filings, Mam Nwj Foundation Inc allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization with growing assets and revenue. This could indicate a fully volunteer-run leadership or that compensation is structured in a way not captured under 'officer compensation' on the 990.

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 Mam Nwj Foundation Inc's IRS 990 filings:

Consistently low expense-to-revenue ratio, potentially indicating limited direct charitable spending relative to financial capacity (e.g., $32,691 expenses vs. $246,263 revenue in 2023).
No reported officer compensation across all filings, which is unusual for an organization of this size and asset base.
NTEE code is unknown, making it difficult to benchmark against similar organizations or understand its specific charitable focus.
Significant asset accumulation without clear corresponding increase in programmatic expenses.

Strengths

The following positive indicators were identified for Mam Nwj Foundation Inc:

Strong financial stability with consistently low liabilities (often $1).
Consistent growth in assets, reaching $3,992,772 in 2023, indicating effective asset management or fundraising.
Positive net income in most years, demonstrating financial sustainability.

Frequently Asked Questions about Mam Nwj Foundation Inc

How does Mam Nwj Foundation Inc utilize its significant and growing asset base to achieve its mission?

The filings show a consistent increase in assets, reaching $3,992,772 in 2023, while expenses remain low relative to revenue. The specific deployment of these assets for programmatic activities is not clearly detailed in the provided data.

What are the primary activities or programs conducted by Mam Nwj Foundation Inc, given its low expense ratios?

With expenses like $32,691 in 2023 against $246,263 in revenue, the organization's direct programmatic spending appears limited. The filings do not provide a detailed breakdown of program activities.

Why is no officer compensation reported across all years, despite the organization's financial growth?

The consistent reporting of 0% officer compensation suggests either a volunteer-led organization or that compensation is not categorized as such in the 990 filings. Further investigation into the organization's governance and operational structure would be needed.

Filing History

IRS 990 filing history for Mam Nwj Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Mam Nwj Foundation Inc's revenue has grown by 1839.7%, moving from $13K to $246K. Total assets increased by 1546.3% over the same period, from $243K to $4.0M. Total functional expenses rose by 989.7%, from $3K to $33K. In its most recent filing year (2023), Mam Nwj Foundation Inc reported a surplus of $214K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$246K	$33K	$4.0M	$1	—	View 990
2022	$226K	$218K	$3.8M	$40K	—	View 990
2021	$388K	$210K	$3.8M	$1	—	View 990
2020	$172K	$100K	$3.6M	$1	—	—
2019	$147K	$80K	$3.5M	$1	—	View 990
2015	$4K	$2K	$236K	$0	—	View 990
2014	$4K	$16K	$235K	$0	—	View 990
2013	$4K	$2K	$247K	$0	—	View 990
2012	$3K	$0	$246K	$1	—	View 990
2011	$13K	$3K	$243K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $246K, expenses of $33K, and assets of $4.0M (revenue +9.2% year-over-year).
2022: Revenue of $226K, expenses of $218K, and assets of $3.8M (revenue -41.9% year-over-year).
2021: Revenue of $388K, expenses of $210K, and assets of $3.8M (revenue +125.8% year-over-year).
2020: Revenue of $172K, expenses of $100K, and assets of $3.6M (revenue +17.1% year-over-year).
2019: Revenue of $147K, expenses of $80K, and assets of $3.5M (revenue +3337.0% year-over-year).
2015: Revenue of $4K, expenses of $2K, and assets of $236K (revenue +7.6% year-over-year).
2014: Revenue of $4K, expenses of $16K, and assets of $235K (revenue +9.9% year-over-year).
2013: Revenue of $4K, expenses of $2K, and assets of $247K (revenue +15.1% year-over-year).
2012: Revenue of $3K, expenses of $0, and assets of $246K (revenue -75.3% year-over-year).
2011: Revenue of $13K, expenses of $3K, and assets of $243K.

Data Sources and Methodology

This transparency report for Mam Nwj 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.