New York Foreign Freight Forwarders And Brokers Association Inc
New York Foreign Freight Forwarders And Brokers Association Inc shows consistent revenue growth and no executive compensation.
EIN: 136162944 · Middletown, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $491K |
| Total Expenses | $106K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $491,287. |
| Net Assets | $180K |
| Transparency Score | 85/100 |
Is New York Foreign Freight Forwarders And Brokers Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Foreign Freight Forwarders And Brokers Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Foreign Freight Forwarders And Brokers Association Inc
New York Foreign Freight Forwarders And Brokers Association Inc (EIN: 136162944) is a nonprofit organization based in Middletown, NJ. The organization reported total revenue of $491K and total assets of $247K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Foreign Freight Forwarders And Brokers Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Foreign Freight Forwarders And Brokers Association Inc is a small nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $169K |
| Total Expenses | $106K |
| Surplus / Deficit | +$63K |
| Total Assets | $183K |
| Total Liabilities | $4K |
| Net Assets | $180K |
| Operating Margin | 37.4% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 20.8 months |
Financial Health Grade: A
In 2023, New York Foreign Freight Forwarders And Brokers Association Inc reported a surplus of $63K with revenue exceeding expenses, holds 20.8 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Foreign Freight Forwarders And Brokers Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.9% | +14.1% | +51.8% |
| 2022 | +141.6% | +8.3% | +86.8% |
| 2021 | -41.5% | -11.0% | -28.5% |
| 2020 | -27.1% | -10.4% | -2.1% |
| 2019 | +27.5% | -8.3% | +52.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1944 |
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 New York Foreign Freight Forwarders And Brokers Association Inc 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, New York Foreign Freight Forwarders And Brokers Association Inc 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 surplus of $63K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its size with latest revenue of $491,287.
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.
Strengths
The following positive indicators were identified for New York Foreign Freight Forwarders And Brokers Association Inc:
- Consistent financial stability with growing assets (e.g., assets increased from $64,630 in 2021 to $183,336 in 2023).
- No reported officer compensation across all filing periods, indicating high efficiency in leadership costs.
- Revenues consistently exceeding expenses in recent years (e.g., 2023 revenue $168,855 vs. expenses $105,660).
- Low liabilities relative to assets, demonstrating a healthy balance sheet (e.g., 2023 liabilities $3,750 vs. assets $183,336).
- Regular and consistent IRS 990 filings over 13 periods, showing commitment to transparency and compliance.
Frequently Asked Questions about New York Foreign Freight Forwarders And Brokers Association Inc
Is New York Foreign Freight Forwarders And Brokers Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Foreign Freight Forwarders And Brokers Association Inc (EIN: 136162944) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does New York Foreign Freight Forwarders And Brokers Association Inc spend its money?
New York Foreign Freight Forwarders And Brokers Association Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York Foreign Freight Forwarders And Brokers Association Inc tax-deductible?
New York Foreign Freight Forwarders And Brokers Association Inc is registered as a tax-exempt nonprofit (EIN: 136162944). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Foreign Freight Forwarders And Brokers Association Inc CEO make?
New York Foreign Freight Forwarders And Brokers Association Inc's highest-compensated officer earns $491,287. annually. The organization reported $491K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York Foreign Freight Forwarders And Brokers Association Inc's spending goes to programs?
New York Foreign Freight Forwarders And Brokers Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New York Foreign Freight Forwarders And Brokers Association Inc located?
New York Foreign Freight Forwarders And Brokers Association Inc is headquartered in Middletown, New Jersey and files with the IRS under EIN 136162944.
How many years of IRS 990 filings does New York Foreign Freight Forwarders And Brokers Association Inc have?
New York Foreign Freight Forwarders And Brokers Association 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 $491K in total revenue.
Is New York Foreign Freight Forwarders And Brokers Association Inc a good charity?
Based on the available financial data, the organization appears to be financially stable with growing assets and no reported officer compensation, suggesting efficient use of funds. However, without detailed program spending information, it's difficult to fully assess its programmatic impact.
How has the organization's financial health changed over time?
The organization's financial health has generally improved, with assets growing from $64,561 in 2015 to $183,336 in 2023. Revenue has also shown an upward trend, particularly in recent years, with $168,855 in 2023 compared to $98,332 in 2015.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation across all 13 available filings, indicating a strong commitment to minimizing administrative overhead related to executive salaries.
Filing History
IRS 990 filing history for New York Foreign Freight Forwarders And Brokers Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Foreign Freight Forwarders And Brokers Association Inc's revenue has grown by 102.3%, moving from $83K to $169K. Total assets increased by 389% over the same period, from $37K to $183K. Total functional expenses rose by 20.2%, from $88K to $106K. In its most recent filing year (2023), New York Foreign Freight Forwarders And Brokers Association Inc reported a surplus of $63K, with revenue exceeding expenses. The organization holds $4K in liabilities against $183K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $180K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $169K | $106K | $183K | $4K | — | View 990 |
| 2022 | $144K | $93K | $121K | $4K | — | View 990 |
| 2021 | $60K | $86K | $65K | $0 | — | — |
| 2020 | $102K | $96K | $90K | $0 | — | — |
| 2019 | $140K | $107K | $92K | $8K | — | View 990 |
| 2018 | $110K | $117K | $61K | $9K | — | View 990 |
| 2017 | $104K | $102K | $70K | $11K | — | View 990 |
| 2016 | $112K | $112K | $79K | $22K | — | View 990 |
| 2015 | $98K | $113K | $65K | $8K | — | View 990 |
| 2014 | $107K | $92K | $83K | $12K | — | View 990 |
| 2013 | $104K | $88K | $65K | $8K | — | View 990 |
| 2012 | $105K | $87K | $50K | $9K | — | View 990 |
| 2011 | $83K | $88K | $37K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $169K, expenses of $106K, and assets of $183K (revenue +16.9% year-over-year).
- 2022: Revenue of $144K, expenses of $93K, and assets of $121K (revenue +141.6% year-over-year).
- 2021: Revenue of $60K, expenses of $86K, and assets of $65K (revenue -41.5% year-over-year).
- 2020: Revenue of $102K, expenses of $96K, and assets of $90K (revenue -27.1% year-over-year).
- 2019: Revenue of $140K, expenses of $107K, and assets of $92K (revenue +27.5% year-over-year).
- 2018: Revenue of $110K, expenses of $117K, and assets of $61K (revenue +5.9% year-over-year).
- 2017: Revenue of $104K, expenses of $102K, and assets of $70K (revenue -7.5% year-over-year).
- 2016: Revenue of $112K, expenses of $112K, and assets of $79K (revenue +14.0% year-over-year).
- 2015: Revenue of $98K, expenses of $113K, and assets of $65K (revenue -8.1% year-over-year).
- 2014: Revenue of $107K, expenses of $92K, and assets of $83K (revenue +2.9% year-over-year).
- 2013: Revenue of $104K, expenses of $88K, and assets of $65K (revenue -0.7% year-over-year).
- 2012: Revenue of $105K, expenses of $87K, and assets of $50K (revenue +25.5% year-over-year).
- 2011: Revenue of $83K, expenses of $88K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Foreign Freight Forwarders And Brokers Association Inc:
Data Sources and Methodology
This transparency report for New York Foreign Freight Forwarders And Brokers Association 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.