Professor Chen Wen Chen Memorial Foundation
Professor Chen Wen Chen Memorial Foundation: Declining Revenue and Asset Trends Raise Concerns
EIN: 222405492 · Kingston, NJ · NTEE: B99 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $227K |
| Total Expenses | $124K |
| Program Spending | 70% |
| Net Assets | $449K |
| Transparency Score | 65/100 |
Is Professor Chen Wen Chen Memorial Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Professor Chen Wen Chen Memorial Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Professor Chen Wen Chen Memorial Foundation
Professor Chen Wen Chen Memorial Foundation (EIN: 222405492) is a nonprofit organization based in Kingston, NJ, classified under NTEE code B99. The organization reported total revenue of $227K and total assets of $583K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Professor Chen Wen Chen Memorial Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Professor Chen Wen Chen Memorial Foundation is a small nonprofit that has been operating for 4 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $124K |
| Surplus / Deficit | +$76K |
| Total Assets | $449K |
| Net Assets | $449K |
| Operating Margin | 38.1% |
| Months of Reserves | 43.6 months |
Financial Health Grade: A
In 2023, Professor Chen Wen Chen Memorial Foundation reported a surplus of $76K with revenue exceeding expenses, holds 43.6 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Professor Chen Wen Chen Memorial Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +88.2% | +31.2% | +2.3% |
| 2022 | +59.1% | +19.8% | -35.8% |
| 2021 | -64.8% | -39.9% | +35.2% |
| 2020 | +1.5% | +27.4% | +67.4% |
| 2017 | +165.1% | +36.7% | +38.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
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 Professor Chen Wen Chen Memorial Foundation 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, Professor Chen Wen Chen Memorial Foundation allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $76K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are provided in the available 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 Professor Chen Wen Chen Memorial Foundation's IRS 990 filings:
- Total revenue has significantly declined from $227,049 in 2023 to $66,736 in 2021, then recovered to $199,896 in 2023, showing volatility.
- Total assets have decreased from a high of $683,854 in 2021 to $448,985 in 2023, indicating a shrinking financial base.
- The provided data lacks specific details on program activities and their impact, making it difficult to assess effectiveness.
Strengths
The following positive indicators were identified for Professor Chen Wen Chen Memorial Foundation:
- The organization has consistently maintained a positive asset base over the years provided.
- The foundation has a long operating history, with data available back to 2014.
Frequently Asked Questions about Professor Chen Wen Chen Memorial Foundation
Is Professor Chen Wen Chen Memorial Foundation a legitimate charity?
Professor Chen Wen Chen Memorial Foundation (EIN: 222405492) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $227K. 3 red flags identified. 2 strengths noted. Financial health grade: A.
How does Professor Chen Wen Chen Memorial Foundation spend its money?
Professor Chen Wen Chen Memorial Foundation directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Professor Chen Wen Chen Memorial Foundation tax-deductible?
Professor Chen Wen Chen Memorial Foundation is registered as a tax-exempt nonprofit (EIN: 222405492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Professor Chen Wen Chen Memorial Foundation's spending goes to programs?
Professor Chen Wen Chen Memorial Foundation directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Professor Chen Wen Chen Memorial Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Professor Chen Wen Chen Memorial Foundation is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Professor Chen Wen Chen Memorial Foundation located?
Professor Chen Wen Chen Memorial Foundation is headquartered in Kingston, New Jersey and files with the IRS under EIN 222405492. It is classified under NTEE code B99.
How many years of IRS 990 filings does Professor Chen Wen Chen Memorial Foundation have?
Professor Chen Wen Chen Memorial Foundation has 11 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 $227K in total revenue.
What does Professor Chen Wen Chen Memorial Foundation do?
Professor Chen Wen Chen Memorial Foundation is a nonprofit organization in the Education sector, located in Kingston, New Jersey. It is classified under NTEE code B99.
How much revenue does Professor Chen Wen Chen Memorial Foundation have?
Professor Chen Wen Chen Memorial Foundation reported total revenue of $227,049. Based on 11 IRS 990 filings on record.
What are Professor Chen Wen Chen Memorial Foundation's total assets?
Professor Chen Wen Chen Memorial Foundation holds total assets of $582,624 as reported in IRS 990 filings.
Where is Professor Chen Wen Chen Memorial Foundation located?
Professor Chen Wen Chen Memorial Foundation is based in Kingston, New Jersey.
What is Professor Chen Wen Chen Memorial Foundation's EIN?
Professor Chen Wen Chen Memorial Foundation's Employer Identification Number (EIN) is 222405492. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Professor Chen Wen Chen Memorial Foundation?
Professor Chen Wen Chen Memorial Foundation is classified under NTEE code B99 (Education).
Is Professor Chen Wen Chen Memorial Foundation a registered 501(c)(3)?
Yes, Professor Chen Wen Chen Memorial Foundation is recognized as a tax-exempt organization by the IRS. EIN: 222405492.
Does Professor Chen Wen Chen Memorial Foundation file IRS Form 990?
Yes, Professor Chen Wen Chen Memorial Foundation has 11 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Professor Chen Wen Chen Memorial Foundation's revenue in 2023?
In the 202312 filing period, Professor Chen Wen Chen Memorial Foundation reported total revenue of $199,896, total expenses of $123,659, and net assets of $448,985.
Is Professor Chen Wen Chen Memorial Foundation's revenue growing or declining?
Professor Chen Wen Chen Memorial Foundation's revenue is growing. Revenue went from $106,198 (202212) to $199,896 (202312), a +88.2% change. Based on 11 filings on record.
What is Professor Chen Wen Chen Memorial Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Professor Chen Wen Chen Memorial Foundation covers tax period 202312. It shows revenue of $199,896, expenses of $123,659, total assets of $448,985, and liabilities of N/A.
How much does Professor Chen Wen Chen Memorial Foundation spend on programs vs administration?
Based on IRS 990 analysis, Professor Chen Wen Chen Memorial Foundation allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Professor Chen Wen Chen Memorial Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Professor Chen Wen Chen Memorial Foundation shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Professor Chen Wen Chen Memorial Foundation?
The following concerns were identified: Total revenue has significantly declined from $227,049 in 2023 to $66,736 in 2021, then recovered to $199,896 in 2023, showing volatility.. Total assets have decreased from a high of $683,854 in 2021 to $448,985 in 2023, indicating a shrinking financial base.. The provided data lacks specific details on program activities and their impact, making it difficult to assess effectiveness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Professor Chen Wen Chen Memorial Foundation's strengths?
Positive indicators for Professor Chen Wen Chen Memorial Foundation include: The organization has consistently maintained a positive asset base over the years provided.. The foundation has a long operating history, with data available back to 2014.. These findings are derived from AI analysis of the organization's financial filings.
How does Professor Chen Wen Chen Memorial Foundation compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the fluctuating revenue and declining asset trends, what is the foundation's strategy to ensure long-term financial sustainability and growth?
Without additional information, it's unclear how the foundation plans to address the volatility in revenue and the reduction in assets to secure its future operations.
Filing History
IRS 990 filing history for Professor Chen Wen Chen Memorial Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Professor Chen Wen Chen Memorial Foundation's revenue has grown by 161.4%, moving from $76K to $200K. Total assets increased by 268% over the same period, from $122K to $449K. Total functional expenses rose by 190.5%, from $43K to $124K. In its most recent filing year (2023), Professor Chen Wen Chen Memorial Foundation reported a surplus of $76K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $124K | $449K | $0 | — | View 990 |
| 2022 | $106K | $94K | $439K | $0 | — | View 990 |
| 2021 | $67K | $79K | $684K | $0 | — | View 990 |
| 2020 | $190K | $131K | $506K | $0 | — | View 990 |
| 2017 | $187K | $103K | $302K | $0 | — | View 990 |
| 2016 | $71K | $75K | $218K | $0 | — | View 990 |
| 2015 | $183K | $193K | $222K | $0 | — | View 990 |
| 2014 | $160K | $94K | $232K | $0 | — | View 990 |
| 2013 | $133K | $79K | $166K | $0 | — | View 990 |
| 2012 | $124K | $134K | $112K | $0 | — | View 990 |
| 2011 | $76K | $43K | $122K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $124K, and assets of $449K (revenue +88.2% year-over-year).
- 2022: Revenue of $106K, expenses of $94K, and assets of $439K (revenue +59.1% year-over-year).
- 2021: Revenue of $67K, expenses of $79K, and assets of $684K (revenue -64.8% year-over-year).
- 2020: Revenue of $190K, expenses of $131K, and assets of $506K (revenue +1.5% year-over-year).
- 2017: Revenue of $187K, expenses of $103K, and assets of $302K (revenue +165.1% year-over-year).
- 2016: Revenue of $71K, expenses of $75K, and assets of $218K (revenue -61.5% year-over-year).
- 2015: Revenue of $183K, expenses of $193K, and assets of $222K (revenue +14.3% year-over-year).
- 2014: Revenue of $160K, expenses of $94K, and assets of $232K (revenue +20.4% year-over-year).
- 2013: Revenue of $133K, expenses of $79K, and assets of $166K (revenue +7.1% year-over-year).
- 2012: Revenue of $124K, expenses of $134K, and assets of $112K (revenue +62.7% year-over-year).
- 2011: Revenue of $76K, expenses of $43K, and assets of $122K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Professor Chen Wen Chen Memorial Foundation:
Data Sources and Methodology
This transparency report for Professor Chen Wen Chen Memorial 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.