Pope John Xxiii Endowment Fund Inc
Pope John XXIII Endowment Fund: Declining Revenue, Strong Asset Base
EIN: 222582265 · Sparta, NJ · NTEE: B25I · Updated: 2026-04-04
About Pope John Xxiii Endowment Fund Inc
Pope John Xxiii Endowment Fund Inc (EIN: 222582265) is a nonprofit organization based in Sparta, NJ, classified under NTEE code B25I. The organization reported total revenue of $1.0M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pope John Xxiii Endowment Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pope John Xxiii Endowment Fund 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: 70%
- fundraising: 15%
According to IRS 990 filings, Pope John Xxiii Endowment Fund Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The filings consistently report 0% compensation, suggesting either an all-volunteer staff or that executive compensation is not explicitly detailed in the provided financial data.
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 Pope John Xxiii Endowment Fund Inc's IRS 990 filings:
- Significant revenue volatility, including a substantial loss in 2021.
- Consistent reporting of 0% compensation, which could mask actual executive compensation or indicate a lack of paid staff.
- Total assets have decreased by over $1.8 million since 2020.
Strengths
The following positive indicators were identified for Pope John Xxiii Endowment Fund Inc:
- Maintains a substantial asset base, with over $5.4 million in 2023.
- Historically strong revenue years, such as $2,401,352 in 2018.
- Low liabilities relative to assets, indicating financial stability.
Frequently Asked Questions about Pope John Xxiii Endowment Fund Inc
What does Pope John Xxiii Endowment Fund Inc do?
Pope John Xxiii Endowment Fund Inc is a nonprofit organization in the Education sector, located in Sparta, New Jersey. It is classified under NTEE code B25I.
How much revenue does Pope John Xxiii Endowment Fund Inc have?
Pope John Xxiii Endowment Fund Inc reported total revenue of $1,006,722. Based on 13 IRS 990 filings on record.
What are Pope John Xxiii Endowment Fund Inc's total assets?
Pope John Xxiii Endowment Fund Inc holds total assets of $6,071,545 as reported in IRS 990 filings.
Where is Pope John Xxiii Endowment Fund Inc located?
Pope John Xxiii Endowment Fund Inc is based in Sparta, New Jersey.
What is Pope John Xxiii Endowment Fund Inc's EIN?
Pope John Xxiii Endowment Fund Inc's Employer Identification Number (EIN) is 222582265. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Pope John Xxiii Endowment Fund Inc?
Pope John Xxiii Endowment Fund Inc is classified under NTEE code B25I (Education).
Is Pope John Xxiii Endowment Fund Inc a registered 501(c)(3)?
Yes, Pope John Xxiii Endowment Fund Inc is recognized as a tax-exempt organization by the IRS. EIN: 222582265.
Does Pope John Xxiii Endowment Fund Inc file IRS Form 990?
Yes, Pope John Xxiii Endowment Fund Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Pope John Xxiii Endowment Fund Inc's revenue in 2023?
In the 202312 filing period, Pope John Xxiii Endowment Fund Inc reported total revenue of $105,895, total expenses of $223,952, and net assets of $5,403,833.
Is Pope John Xxiii Endowment Fund Inc's revenue growing or declining?
Pope John Xxiii Endowment Fund Inc's revenue is declining. Revenue went from $177,779 (202212) to $105,895 (202312), a -40.4% change. Based on 13 filings on record.
What is Pope John Xxiii Endowment Fund Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Pope John Xxiii Endowment Fund Inc covers tax period 202312. It shows revenue of $105,895, expenses of $223,952, total assets of $5,403,833, and liabilities of $170,707.
How much does Pope John Xxiii Endowment Fund Inc spend on programs vs administration?
Based on IRS 990 analysis, Pope John Xxiii Endowment Fund Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Pope John Xxiii Endowment Fund Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Pope John Xxiii Endowment Fund Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Pope John Xxiii Endowment Fund Inc?
The following concerns were identified: Significant revenue volatility, including a substantial loss in 2021.. Consistent reporting of 0% compensation, which could mask actual executive compensation or indicate a lack of paid staff.. Total assets have decreased by over $1.8 million since 2020.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Pope John Xxiii Endowment Fund Inc's strengths?
Positive indicators for Pope John Xxiii Endowment Fund Inc include: Maintains a substantial asset base, with over $5.4 million in 2023.. Historically strong revenue years, such as $2,401,352 in 2018.. Low liabilities relative to assets, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Pope John Xxiii Endowment Fund Inc compensate executives?
The filings consistently report 0% compensation, suggesting either an all-volunteer staff or that executive compensation is not explicitly detailed in the provided financial data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Pope John Xxiii Endowment Fund Inc?
• The organization's revenue has been highly volatile, with a significant loss of $1,299,113 in 2021. • Total assets have fluctuated, peaking at $7,220,667 in 2020 before declining to $5,403,833 in 2023. • The organization consistently reports 0% compensation, which may indicate reliance on volunteers or a lack of detailed reporting. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent 0% compensation reported, how does the organization manage its operations and what is the true cost of its administrative functions?
The consistent 0% compensation suggests the organization may be entirely volunteer-run or that compensation is reported under a different category not detailed in the provided data. This makes it difficult to assess the true administrative overhead and operational efficiency.
What factors contributed to the significant revenue loss of $1,299,113 in 2021, and what measures were taken to mitigate future financial downturns?
The provided data does not specify the reasons for the 2021 revenue loss. Understanding the cause (e.g., investment losses, decline in donations) is crucial for assessing the organization's financial risk management and sustainability strategies.
Filing History
IRS 990 filing history for Pope John Xxiii Endowment Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pope John Xxiii Endowment Fund Inc's revenue has declined by 82%, moving from $590K to $106K. Total assets increased by 109.6% over the same period, from $2.6M to $5.4M. Total functional expenses rose by 29.8%, from $173K to $224K. In its most recent filing year (2023), Pope John Xxiii Endowment Fund Inc reported a deficit of $118K, with expenses exceeding revenue. The organization holds $171K in liabilities against $5.4M in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $106K | $224K | $5.4M | $171K | — | — |
| 2022 | $178K | $401K | $4.9M | $186K | — | View 990 |
| 2021 | $-1,299,113 | $299K | $6.0M | $189K | — | View 990 |
| 2020 | $336K | $416K | $7.2M | $216K | — | View 990 |
| 2019 | $387K | $401K | $6.9M | $212K | — | View 990 |
| 2018 | $2.4M | $355K | $6.4M | $221K | — | View 990 |
| 2017 | $1.1M | $298K | $4.5M | $229K | — | View 990 |
| 2016 | $503K | $690K | $4.0M | $252K | — | View 990 |
| 2015 | $277K | $257K | $4.5M | $274K | — | View 990 |
| 2014 | $520K | $197K | $4.8M | $26K | — | View 990 |
| 2013 | $264K | $149K | $4.5M | $0 | — | View 990 |
| 2012 | $711K | $146K | $3.5M | $12K | — | View 990 |
| 2011 | $590K | $173K | $2.6M | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $106K, expenses of $224K, and assets of $5.4M (revenue -40.4% year-over-year).
- 2022: Revenue of $178K, expenses of $401K, and assets of $4.9M.
- 2021: Revenue of $-1,299,113, expenses of $299K, and assets of $6.0M (revenue -486.6% year-over-year).
- 2020: Revenue of $336K, expenses of $416K, and assets of $7.2M (revenue -13.2% year-over-year).
- 2019: Revenue of $387K, expenses of $401K, and assets of $6.9M (revenue -83.9% year-over-year).
- 2018: Revenue of $2.4M, expenses of $355K, and assets of $6.4M (revenue +113.1% year-over-year).
- 2017: Revenue of $1.1M, expenses of $298K, and assets of $4.5M (revenue +124.0% year-over-year).
- 2016: Revenue of $503K, expenses of $690K, and assets of $4.0M (revenue +81.3% year-over-year).
- 2015: Revenue of $277K, expenses of $257K, and assets of $4.5M (revenue -46.6% year-over-year).
- 2014: Revenue of $520K, expenses of $197K, and assets of $4.8M (revenue +96.8% year-over-year).
- 2013: Revenue of $264K, expenses of $149K, and assets of $4.5M (revenue -62.9% year-over-year).
- 2012: Revenue of $711K, expenses of $146K, and assets of $3.5M (revenue +20.7% year-over-year).
- 2011: Revenue of $590K, expenses of $173K, and assets of $2.6M.
Data Sources and Methodology
This transparency report for Pope John Xxiii Endowment Fund 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.