Narrow Way World Mission Inc

Narrow Way World Mission Inc experiences significant financial volatility with a substantial asset decline in its latest fiscal year.

EIN: 113325506 · Fort Lee, NJ · NTEE: T20J · Updated: 2026-03-28

$315KRevenue

$1.2MAssets

55/100Mission Score (Fair)

T20J

About Narrow Way World Mission Inc

Narrow Way World Mission Inc (EIN: 113325506) is a nonprofit organization based in Fort Lee, NJ, classified under NTEE code T20J. The organization reported total revenue of $315K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Narrow Way World Mission Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Narrow Way World Mission Inc exhibits inconsistent financial activity, particularly in its latest filing period (202312) where expenses ($1,231,635) significantly outstripped revenue ($71,247), leading to a substantial decrease in assets from $2,043,367 in 202212 to $882,979. This drastic shift warrants further investigation into the nature of these expenses and their alignment with the organization's mission. Prior to 2023, the organization consistently reported expenses well below revenue, leading to steady asset growth. The lack of reported officer compensation across all filings suggests a volunteer-led or minimally compensated leadership structure, which can be a positive indicator of efficiency, but the recent financial volatility raises concerns about sustainability and financial management.

The organization's transparency is generally good, with consistent filings available. However, the dramatic change in financial performance in the most recent period, particularly the high expenses relative to revenue, makes it difficult to assess spending efficiency without more detailed information on the specific programs or activities funded. The NTEE code T20J (Religious, Spiritual, and Humanistic Education) suggests a focus on educational programs, and understanding how the large 2023 expenses align with this mission is crucial for a complete financial health assessment. The significant drop in assets also impacts its long-term financial stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Narrow Way World Mission 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, Narrow Way World Mission Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure or that compensation is covered by other means, which is generally positive for 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.

Red Flags

The following concerns were identified during AI analysis of Narrow Way World Mission Inc's IRS 990 filings:

Extreme negative net income in 2023 ($71,247 revenue vs. $1,231,635 expenses).
Significant asset depletion in 2023 (from $2,043,367 to $882,979).
Inconsistent financial performance, with a sudden shift from asset growth to substantial loss.

Strengths

The following positive indicators were identified for Narrow Way World Mission Inc:

Consistent history of IRS 990 filings, indicating transparency.
No reported officer compensation, suggesting efficient use of funds for leadership.
Historically maintained low liabilities relative to assets prior to 2023.

Frequently Asked Questions about Narrow Way World Mission Inc

What caused the dramatic increase in expenses to $1,231,635 in 2023, given the revenue of only $71,247?

The IRS 990 filings do not provide detailed breakdowns of expenses beyond broad categories. This significant discrepancy between expenses and revenue in 2023 is a critical area for further inquiry to understand the financial decisions made.

How does the organization plan to address the substantial decrease in assets from $2,043,367 in 2022 to $882,979 in 2023?

The filings show a significant depletion of assets. Without additional information from the organization, it's unclear what strategies are in place to rebuild its financial reserves and ensure long-term stability.

What specific programs or activities were funded by the large expenses in 2023?

The NTEE code suggests educational activities, but the scale of the 2023 expenses compared to previous years implies a major undertaking. More detailed program expense reporting would clarify the impact of these expenditures.

Filing History

IRS 990 filing history for Narrow Way World Mission Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Narrow Way World Mission Inc's revenue has grown by 69.9%, moving from $42K to $71K. Total assets increased by 11.2% over the same period, from $794K to $883K. Total functional expenses rose by 3597.8%, from $33K to $1.2M. In its most recent filing year (2023), Narrow Way World Mission Inc reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $140 in liabilities against $883K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $883K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$71K	$1.2M	$883K	$140	—	—
2022	$224K	$46K	$2.0M	$140	—	View 990
2021	$253K	$35K	$1.9M	$140	—	View 990
2020	$181K	$34K	$1.6M	$140	—	—
2019	$206K	$30K	$1.5M	$566	—	View 990
2015	$91K	$33K	$947K	$566	—	View 990
2014	$78K	$39K	$890K	$566	—	View 990
2013	$76K	$37K	$851K	$566	—	View 990
2012	$50K	$33K	$811K	$560	—	View 990
2011	$42K	$33K	$794K	$221	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $71K, expenses of $1.2M, and assets of $883K (revenue -68.2% year-over-year).
2022: Revenue of $224K, expenses of $46K, and assets of $2.0M (revenue -11.4% year-over-year).
2021: Revenue of $253K, expenses of $35K, and assets of $1.9M (revenue +39.9% year-over-year).
2020: Revenue of $181K, expenses of $34K, and assets of $1.6M (revenue -12.4% year-over-year).
2019: Revenue of $206K, expenses of $30K, and assets of $1.5M (revenue +127.4% year-over-year).
2015: Revenue of $91K, expenses of $33K, and assets of $947K (revenue +16.9% year-over-year).
2014: Revenue of $78K, expenses of $39K, and assets of $890K (revenue +1.9% year-over-year).
2013: Revenue of $76K, expenses of $37K, and assets of $851K (revenue +53.6% year-over-year).
2012: Revenue of $50K, expenses of $33K, and assets of $811K (revenue +18.1% year-over-year).
2011: Revenue of $42K, expenses of $33K, and assets of $794K.

Data Sources and Methodology

This transparency report for Narrow Way World Mission 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.