Tomorrows Childrens Fund Inc
Tomorrows Childrens Fund Inc maintains strong assets despite fluctuating revenues and periodic operating deficits.
EIN: 133155199 · Hackensack, NJ · NTEE: E24I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $861K |
| Total Expenses | $740K |
| Program Spending | 80% |
| Net Assets | $2.8M |
| Transparency Score | 85/100 |
Is Tomorrows Childrens Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tomorrows Childrens Fund Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tomorrows Childrens Fund Inc
Tomorrows Childrens Fund Inc (EIN: 133155199) is a nonprofit organization based in Hackensack, NJ, classified under NTEE code E24I. The organization reported total revenue of $861K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tomorrows Childrens Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tomorrows Childrens Fund Inc is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $687K |
| Total Expenses | $740K |
| Surplus / Deficit | $-52,954 |
| Total Assets | $2.8M |
| Total Liabilities | $70K |
| Net Assets | $2.8M |
| Operating Margin | -7.7% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 45.9 months |
Financial Health Grade: B
In 2023, Tomorrows Childrens Fund Inc reported a deficit of $53K with expenses exceeding revenue, holds 45.9 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tomorrows Childrens Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -14.0% | -6.0% | +3.3% |
| 2022 | +8.9% | +18.2% | -15.6% |
| 2021 | -0.5% | -8.2% | +4.2% |
| 2020 | -52.5% | -16.6% | +2.7% |
| 2019 | +44.7% | -10.8% | +36.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Tomorrows Childrens Fund 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, Tomorrows Childrens Fund 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 $53K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer channels, which is a positive sign for directing funds towards the mission.
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 Tomorrows Childrens Fund Inc's IRS 990 filings:
- Periodic operating deficits (e.g., 2023, 2022, 2017, 2016, 2015, 2014) where expenses exceeded revenue.
- Significant fluctuation in annual revenue, from $1,551,786 in 2019 to $687,312 in 2023, which could impact long-term planning.
Strengths
The following positive indicators were identified for Tomorrows Childrens Fund Inc:
- Strong asset base ($2,833,361 in 2023) significantly exceeding liabilities ($70,463), indicating good solvency.
- Consistent reporting of 0% officer compensation, suggesting efficient use of funds or volunteer leadership.
- Clear mission focus as indicated by NTEE code E24I (Children's Hospitals & Related Medical Services).
- Long filing history (13 filings) demonstrates consistent compliance and transparency.
Frequently Asked Questions about Tomorrows Childrens Fund Inc
Is Tomorrows Childrens Fund Inc a legitimate charity?
Tomorrows Childrens Fund Inc (EIN: 133155199) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $861K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Tomorrows Childrens Fund Inc spend its money?
Tomorrows Childrens Fund Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tomorrows Childrens Fund Inc tax-deductible?
Tomorrows Childrens Fund Inc is registered as a tax-exempt nonprofit (EIN: 133155199). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tomorrows Childrens Fund Inc's spending goes to programs?
Tomorrows Childrens Fund Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tomorrows Childrens Fund Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Tomorrows Childrens Fund Inc is above average for NTEE category E24I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tomorrows Childrens Fund Inc located?
Tomorrows Childrens Fund Inc is headquartered in Hackensack, New Jersey and files with the IRS under EIN 133155199. It is classified under NTEE code E24I.
How many years of IRS 990 filings does Tomorrows Childrens Fund Inc have?
Tomorrows Childrens Fund 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 $861K in total revenue.
Is Tomorrows Childrens Fund Inc financially stable?
Yes, the organization appears financially stable, with assets of $2,833,361 in 2023 significantly exceeding liabilities of $70,463, providing a strong financial buffer despite some years of operating deficits.
How has the organization's revenue trended recently?
Revenue has fluctuated, peaking at $1,551,786 in 2019 and declining to $687,312 in 2023, indicating variability in its income streams.
Does Tomorrows Childrens Fund Inc pay its officers?
Based on the IRS 990 filings, the organization consistently reports 0% officer compensation, suggesting that officers are not compensated through traditional salary means reported on these forms.
Has the organization consistently spent more than it earned?
The organization has experienced operating deficits in several recent years, including 2023 ($740,266 expenses vs. $687,312 revenue) and 2022, 2017, 2016, 2015, and 2014, indicating periods where expenses exceeded revenue.
Filing History
IRS 990 filing history for Tomorrows Childrens Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tomorrows Childrens Fund Inc's revenue has declined by 34%, moving from $1.0M to $687K. Total assets decreased by 33.1% over the same period, from $4.2M to $2.8M. Total functional expenses fell by 71%, from $2.6M to $740K. In its most recent filing year (2023), Tomorrows Childrens Fund Inc reported a deficit of $53K, with expenses exceeding revenue. The organization holds $70K in liabilities against $2.8M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $687K | $740K | $2.8M | $70K | — | — |
| 2022 | $800K | $787K | $2.7M | $54K | — | View 990 |
| 2021 | $734K | $666K | $3.3M | $57K | — | View 990 |
| 2020 | $738K | $725K | $3.1M | $14K | — | View 990 |
| 2019 | $1.6M | $869K | $3.0M | $62K | — | View 990 |
| 2018 | $1.1M | $975K | $2.2M | $70K | — | View 990 |
| 2017 | $938K | $1.2M | $2.3M | $179K | — | View 990 |
| 2016 | $914K | $1.2M | $2.5M | $144K | — | View 990 |
| 2015 | $931K | $1.3M | $2.7M | $52K | — | View 990 |
| 2014 | $616K | $1.1M | $3.0M | $57K | — | View 990 |
| 2013 | $772K | $1.1M | $3.4M | $73K | — | View 990 |
| 2012 | $1.7M | $1.0M | $4.0M | $272K | — | View 990 |
| 2011 | $1.0M | $2.6M | $4.2M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $687K, expenses of $740K, and assets of $2.8M (revenue -14.0% year-over-year).
- 2022: Revenue of $800K, expenses of $787K, and assets of $2.7M (revenue +8.9% year-over-year).
- 2021: Revenue of $734K, expenses of $666K, and assets of $3.3M (revenue -0.5% year-over-year).
- 2020: Revenue of $738K, expenses of $725K, and assets of $3.1M (revenue -52.5% year-over-year).
- 2019: Revenue of $1.6M, expenses of $869K, and assets of $3.0M (revenue +44.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $975K, and assets of $2.2M (revenue +14.3% year-over-year).
- 2017: Revenue of $938K, expenses of $1.2M, and assets of $2.3M (revenue +2.7% year-over-year).
- 2016: Revenue of $914K, expenses of $1.2M, and assets of $2.5M (revenue -1.8% year-over-year).
- 2015: Revenue of $931K, expenses of $1.3M, and assets of $2.7M (revenue +51.1% year-over-year).
- 2014: Revenue of $616K, expenses of $1.1M, and assets of $3.0M (revenue -20.2% year-over-year).
- 2013: Revenue of $772K, expenses of $1.1M, and assets of $3.4M (revenue -55.7% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.0M, and assets of $4.0M (revenue +67.3% year-over-year).
- 2011: Revenue of $1.0M, expenses of $2.6M, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tomorrows Childrens Fund Inc:
Data Sources and Methodology
This transparency report for Tomorrows Childrens 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.