Pax Amicus Foundation
Pax Amicus Foundation: Consistent Deficits & Low Program Spending Raise Concerns
EIN: 221919443 · Budd Lake, NJ · NTEE: A650 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $137K |
| Program Spending | 30% |
| Net Assets | $237K |
| Transparency Score | 45/100 |
Is Pax Amicus Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pax Amicus Foundation directs 30% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Pax Amicus Foundation
Pax Amicus Foundation (EIN: 221919443) is a nonprofit organization based in Budd Lake, NJ, classified under NTEE code A650. The organization reported total revenue of $164K and total assets of $270K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pax Amicus Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pax Amicus Foundation is a small nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $178K |
| Total Expenses | $137K |
| Surplus / Deficit | +$42K |
| Total Assets | $267K |
| Total Liabilities | $30K |
| Net Assets | $237K |
| Operating Margin | 23.3% |
| Debt-to-Asset Ratio | 11.2% |
| Months of Reserves | 23.4 months |
Financial Health Grade: A
In 2023, Pax Amicus Foundation reported a surplus of $42K with revenue exceeding expenses, holds 23.4 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pax Amicus Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +119.7% | +44.1% | +32.4% |
| 2022 | -4.2% | +10.8% | -6.6% |
| 2021 | +82.2% | +19.0% | -0.3% |
| 2020 | -79.2% | -68.9% | -11.1% |
| 2019 | +5.5% | +15.1% | -3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1971 |
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 Pax Amicus Foundation with a Mission Score of 45 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: 30%
- fundraising: 30%
According to IRS 990 filings, Pax Amicus Foundation allocates its expenses as follows: admin: 40%, programs: 30%, fundraising: 30%. Only 30% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $42K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.2%.
Executive Compensation Analysis
Executive compensation is not reported in any available filings, indicating that no salaries were paid to officers, directors, trustees, or key employees.
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 Pax Amicus Foundation's IRS 990 filings:
- Consistent operating deficits across all reported years (e.g., 2023 revenue $178,486 vs. expenses $136,814, but prior years show significant deficits).
- Low percentage of spending allocated to programs (30%) compared to administrative and fundraising costs.
- Significant decline in assets from $254,530 in 2017 to $267,016 in 2023, despite fluctuations.
- Lack of detailed program descriptions in available data to justify program spending.
Strengths
The following positive indicators were identified for Pax Amicus Foundation:
- Long-standing organization with a history of operations dating back to at least 2016.
- Zero reported compensation for executives, which can indicate a volunteer-driven leadership.
Frequently Asked Questions about Pax Amicus Foundation
Is Pax Amicus Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pax Amicus Foundation (EIN: 221919443) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Pax Amicus Foundation spend its money?
Pax Amicus Foundation directs 30% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pax Amicus Foundation tax-deductible?
Pax Amicus Foundation is registered as a tax-exempt nonprofit (EIN: 221919443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pax Amicus Foundation's spending goes to programs?
Pax Amicus Foundation directs 30% to programs, 30% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Pax Amicus Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Pax Amicus Foundation is near average for NTEE category A650 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pax Amicus Foundation located?
Pax Amicus Foundation is headquartered in Budd Lake, New Jersey and files with the IRS under EIN 221919443. It is classified under NTEE code A650.
How many years of IRS 990 filings does Pax Amicus Foundation have?
Pax Amicus Foundation 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 $164K in total revenue.
What does Pax Amicus Foundation do?
Pax Amicus Foundation is a nonprofit organization in the Arts, Culture & Humanities sector, located in Budd Lake, New Jersey. It is classified under NTEE code A650.
How much revenue does Pax Amicus Foundation have?
Pax Amicus Foundation reported total revenue of $163,594. Based on 13 IRS 990 filings on record.
What are Pax Amicus Foundation's total assets?
Pax Amicus Foundation holds total assets of $269,786 as reported in IRS 990 filings.
Where is Pax Amicus Foundation located?
Pax Amicus Foundation is based in Budd Lake, New Jersey.
What is Pax Amicus Foundation's EIN?
Pax Amicus Foundation's Employer Identification Number (EIN) is 221919443. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Pax Amicus Foundation?
Pax Amicus Foundation is classified under NTEE code A650 (Arts, Culture & Humanities).
Is Pax Amicus Foundation a registered 501(c)(3)?
Yes, Pax Amicus Foundation is recognized as a tax-exempt organization by the IRS. EIN: 221919443.
Does Pax Amicus Foundation file IRS Form 990?
Yes, Pax Amicus Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Pax Amicus Foundation's revenue in 2023?
In the 202312 filing period, Pax Amicus Foundation reported total revenue of $178,486, total expenses of $136,814, and net assets of $267,016.
Is Pax Amicus Foundation's revenue growing or declining?
Pax Amicus Foundation's revenue is growing. Revenue went from $81,230 (202212) to $178,486 (202312), a +119.7% change. Based on 13 filings on record.
What is Pax Amicus Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Pax Amicus Foundation covers tax period 202312. It shows revenue of $178,486, expenses of $136,814, total assets of $267,016, and liabilities of $29,941.
How much does Pax Amicus Foundation spend on programs vs administration?
Based on IRS 990 analysis, Pax Amicus Foundation allocates approximately 30% of expenses to program services, 40% to administrative costs, and 30% to fundraising. Overhead costs appear high relative to program spending.
Is Pax Amicus Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Pax Amicus Foundation shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 2 strengths noted.
What are the red flags for Pax Amicus Foundation?
The following concerns were identified: Consistent operating deficits across all reported years (e.g., 2023 revenue $178,486 vs. expenses $136,814, but prior years show significant deficits).. Low percentage of spending allocated to programs (30%) compared to administrative and fundraising costs.. Significant decline in assets from $254,530 in 2017 to $267,016 in 2023, despite fluctuations.. Lack of detailed program descriptions in available data to justify program spending.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Pax Amicus Foundation's strengths?
Positive indicators for Pax Amicus Foundation include: Long-standing organization with a history of operations dating back to at least 2016.. Zero reported compensation for executives, which can indicate a volunteer-driven leadership.. These findings are derived from AI analysis of the organization's financial filings.
How does Pax Amicus Foundation compensate executives?
Executive compensation is not reported in any available filings, indicating that no salaries were paid to officers, directors, trustees, or key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent operating deficits, how does Pax Amicus Foundation sustain its operations and what is the long-term strategy for financial stability?
The organization appears to be drawing down on its assets to cover operational shortfalls, as evidenced by the decline in total assets over several years. A clear strategy for achieving financial sustainability is not apparent from the provided data.
With no reported executive compensation, how are key leadership roles filled and managed, and what oversight mechanisms are in place?
The absence of reported compensation suggests that leadership roles may be filled by volunteers. However, the data does not provide insight into the specific governance structure or oversight mechanisms for these roles.
Filing History
IRS 990 filing history for Pax Amicus Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pax Amicus Foundation's revenue has declined by 5.5%, moving from $189K to $178K. Total assets increased by 8.6% over the same period, from $246K to $267K. Total functional expenses fell by 33.6%, from $206K to $137K. In its most recent filing year (2023), Pax Amicus Foundation reported a surplus of $42K, with revenue exceeding expenses. The organization holds $30K in liabilities against $267K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $237K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $178K | $137K | $267K | $30K | — | View 990 |
| 2022 | $81K | $95K | $202K | $6K | — | View 990 |
| 2021 | $85K | $86K | $216K | $7K | — | View 990 |
| 2020 | $47K | $72K | $217K | $7K | — | — |
| 2019 | $224K | $231K | $244K | $8K | — | View 990 |
| 2018 | $212K | $201K | $252K | $9K | — | View 990 |
| 2017 | $224K | $197K | $255K | $23K | — | View 990 |
| 2016 | $153K | $191K | $223K | $24K | — | View 990 |
| 2015 | $136K | $185K | $239K | $11K | — | View 990 |
| 2014 | $161K | $173K | $288K | $16K | — | View 990 |
| 2013 | $190K | $133K | $287K | $7K | — | View 990 |
| 2012 | $136K | $151K | $238K | $13K | — | View 990 |
| 2011 | $189K | $206K | $246K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $178K, expenses of $137K, and assets of $267K (revenue +119.7% year-over-year).
- 2022: Revenue of $81K, expenses of $95K, and assets of $202K (revenue -4.2% year-over-year).
- 2021: Revenue of $85K, expenses of $86K, and assets of $216K (revenue +82.2% year-over-year).
- 2020: Revenue of $47K, expenses of $72K, and assets of $217K (revenue -79.2% year-over-year).
- 2019: Revenue of $224K, expenses of $231K, and assets of $244K (revenue +5.5% year-over-year).
- 2018: Revenue of $212K, expenses of $201K, and assets of $252K (revenue -5.5% year-over-year).
- 2017: Revenue of $224K, expenses of $197K, and assets of $255K (revenue +46.5% year-over-year).
- 2016: Revenue of $153K, expenses of $191K, and assets of $223K (revenue +12.2% year-over-year).
- 2015: Revenue of $136K, expenses of $185K, and assets of $239K (revenue -15.3% year-over-year).
- 2014: Revenue of $161K, expenses of $173K, and assets of $288K (revenue -15.2% year-over-year).
- 2013: Revenue of $190K, expenses of $133K, and assets of $287K (revenue +39.4% year-over-year).
- 2012: Revenue of $136K, expenses of $151K, and assets of $238K (revenue -27.9% year-over-year).
- 2011: Revenue of $189K, expenses of $206K, and assets of $246K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pax Amicus Foundation:
Data Sources and Methodology
This transparency report for Pax Amicus Foundation 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.