People For People Foundation Of Gloucester County Inc
People For People Foundation experiences recent operating deficits and declining assets.
EIN: 200354589 · Mullica Hill, NJ · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $283K |
| Total Expenses | $260K |
| Program Spending | 80% |
| Net Assets | $-3,509 |
| Transparency Score | 65/100 |
Is People For People Foundation Of Gloucester County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
People For People Foundation Of Gloucester County Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About People For People Foundation Of Gloucester County Inc
People For People Foundation Of Gloucester County Inc (EIN: 200354589) is a nonprofit organization based in Mullica Hill, NJ, classified under NTEE code P20. The organization reported total revenue of $283K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of People For People Foundation Of Gloucester County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
People For People Foundation Of Gloucester County Inc is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $260K |
| Surplus / Deficit | $-44,464 |
| Total Assets | $18K |
| Total Liabilities | $22K |
| Net Assets | $-3,509 |
| Operating Margin | -20.6% |
| Debt-to-Asset Ratio | 119.1% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2023, People For People Foundation Of Gloucester County Inc reported a deficit of $44K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 119.1% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), People For People Foundation Of Gloucester County Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | -5.2% | -57.8% |
| 2022 | -30.7% | -39.3% | -67.6% |
| 2021 | -48.7% | -3.2% | -53.9% |
| 2020 | +21.7% | +6.8% | +141.8% |
| 2019 | -12.1% | -20.6% | +83.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 People For People Foundation Of Gloucester County Inc with a Mission Score of 65 out of 100 (Good). 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, People For People Foundation Of Gloucester County 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 deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 119.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is unpaid, which is highly commendable for an organization of its size and revenue.
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 People For People Foundation Of Gloucester County Inc's IRS 990 filings:
- Consistent operating deficits in recent years (2021-2023)
- Significant decline in assets from $291,218 in 202006 to $18,349 in 202306
- Liabilities exceeding assets in the 202306 period ($21,858 liabilities vs. $18,349 assets)
Strengths
The following positive indicators were identified for People For People Foundation Of Gloucester County Inc:
- Zero officer compensation reported across all filings, indicating volunteer leadership
- History of significant revenue generation in past years (e.g., $600,009 in 202006)
- Long filing history (12 filings) demonstrating consistent reporting
Frequently Asked Questions about People For People Foundation Of Gloucester County Inc
Is People For People Foundation Of Gloucester County Inc a legitimate charity?
People For People Foundation Of Gloucester County Inc (EIN: 200354589) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 12 years of IRS 990 filings on record. Total revenue: $283K. 3 red flags identified. 3 strengths noted. Financial health grade: D.
How does People For People Foundation Of Gloucester County Inc spend its money?
People For People Foundation Of Gloucester County Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to People For People Foundation Of Gloucester County Inc tax-deductible?
People For People Foundation Of Gloucester County Inc is registered as a tax-exempt nonprofit (EIN: 200354589). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of People For People Foundation Of Gloucester County Inc's spending goes to programs?
People For People Foundation Of Gloucester County Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does People For People Foundation Of Gloucester County Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), People For People Foundation Of Gloucester County Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is People For People Foundation Of Gloucester County Inc located?
People For People Foundation Of Gloucester County Inc is headquartered in Mullica Hill, New Jersey and files with the IRS under EIN 200354589. It is classified under NTEE code P20.
How many years of IRS 990 filings does People For People Foundation Of Gloucester County Inc have?
People For People Foundation Of Gloucester County Inc has 12 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 $283K in total revenue.
Why have expenses consistently exceeded revenue in recent years?
The filings show expenses exceeding revenue in 202306 ($259,825 vs. $215,361), 202206 ($274,028 vs. $213,612), and 202106 ($451,642 vs. $308,086). This trend suggests potential operational challenges or a strategic decision to utilize reserves, which has led to a significant decrease in assets.
What caused the substantial decline in assets from $291,218 in 202006 to $18,349 in 202306?
The significant drop in assets over three years, from a peak in 202006 to a much lower figure in 202306, is likely a direct consequence of the organization's operating deficits during those periods, where expenses consistently outstripped revenue, requiring the use of accumulated reserves.
How does the organization plan to address its current financial deficits?
The provided data indicates a pattern of spending more than it earns in recent periods. Without further information, it's unclear what strategies the organization is implementing to return to financial stability and rebuild its asset base.
Filing History
IRS 990 filing history for People For People Foundation Of Gloucester County Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), People For People Foundation Of Gloucester County Inc's revenue has grown by 6.6%, moving from $202K to $215K. Total assets decreased by 57.4% over the same period, from $43K to $18K. Total functional expenses rose by 51.5%, from $172K to $260K. In its most recent filing year (2023), People For People Foundation Of Gloucester County Inc reported a deficit of $44K, with expenses exceeding revenue. The organization holds $22K in liabilities against $18K in assets (debt-to-asset ratio: 119.1%), resulting in net assets of $-3,509.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $215K | $260K | $18K | $22K | — | View 990 |
| 2022 | $214K | $274K | $43K | $2K | — | View 990 |
| 2021 | $308K | $452K | $134K | $32K | — | View 990 |
| 2020 | $600K | $467K | $291K | $46K | — | View 990 |
| 2019 | $493K | $437K | $120K | $8K | — | View 990 |
| 2018 | $561K | $550K | $66K | $9K | — | View 990 |
| 2017 | $590K | $547K | $98K | $5K | — | View 990 |
| 2016 | $295K | $295K | $55K | $7K | — | View 990 |
| 2015 | $440K | $463K | $55K | $284 | — | View 990 |
| 2014 | $284K | $279K | $77K | $273 | — | View 990 |
| 2013 | $276K | $243K | $76K | $5K | — | View 990 |
| 2012 | $202K | $172K | $43K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $215K, expenses of $260K, and assets of $18K (revenue +0.8% year-over-year).
- 2022: Revenue of $214K, expenses of $274K, and assets of $43K (revenue -30.7% year-over-year).
- 2021: Revenue of $308K, expenses of $452K, and assets of $134K (revenue -48.7% year-over-year).
- 2020: Revenue of $600K, expenses of $467K, and assets of $291K (revenue +21.7% year-over-year).
- 2019: Revenue of $493K, expenses of $437K, and assets of $120K (revenue -12.1% year-over-year).
- 2018: Revenue of $561K, expenses of $550K, and assets of $66K (revenue -4.9% year-over-year).
- 2017: Revenue of $590K, expenses of $547K, and assets of $98K (revenue +100.2% year-over-year).
- 2016: Revenue of $295K, expenses of $295K, and assets of $55K (revenue -33.1% year-over-year).
- 2015: Revenue of $440K, expenses of $463K, and assets of $55K (revenue +55.1% year-over-year).
- 2014: Revenue of $284K, expenses of $279K, and assets of $77K (revenue +3.0% year-over-year).
- 2013: Revenue of $276K, expenses of $243K, and assets of $76K (revenue +36.4% year-over-year).
- 2012: Revenue of $202K, expenses of $172K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for People For People Foundation Of Gloucester County Inc:
Data Sources and Methodology
This transparency report for People For People Foundation Of Gloucester County 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.