Veterans Of Foreign Wars Of The United States Dept Of New Jersey

VFW Dept Of New Jersey shows volatile revenue and asset trends with no reported officer compensation.

EIN: 210586664 · Neptune, NJ · Updated: 2026-03-28

$219KRevenue

$28KAssets

70/100Mission Score (Good)

About Veterans Of Foreign Wars Of The United States Dept Of New Jersey

Veterans Of Foreign Wars Of The United States Dept Of New Jersey (EIN: 210586664) is a nonprofit organization based in Neptune, NJ. The organization reported total revenue of $219K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Of Foreign Wars Of The United States Dept Of New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Veterans Of Foreign Wars Of The United States Dept Of New Jersey exhibits inconsistent financial performance over the past decade. While recent years (2021-2023) show revenues generally in the $150,000-$270,000 range, there were significant fluctuations, including a peak revenue of $3,849,707 in 2018 and a low of $47,583 in 2019. This volatility makes it challenging to assess long-term financial stability. The organization consistently reports 0% officer compensation, which is a positive indicator for minimizing administrative overhead related to executive pay. However, the lack of detailed program spending breakdowns in the provided data limits a thorough analysis of spending efficiency.

The organization's assets have also shown considerable swings, from nearly $4 million in 2018 to as low as $8,456 in 2020, before recovering to $34,046 in 2023. This suggests potential significant asset reclassifications or dispositions that are not immediately clear from the summary data. The absence of reported liabilities in most years, except for $3,924 in 2023, indicates a generally debt-free operation, which is a strength. However, without a clear breakdown of program, administrative, and fundraising expenses, it's difficult to fully evaluate how efficiently donor funds are being utilized towards its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Veterans Of Foreign Wars Of The United States Dept Of New Jersey with a Mission Score of 70 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: 10%
programs: 80%
fundraising: 10%

According to IRS 990 filings, Veterans Of Foreign Wars Of The United States Dept Of New Jersey allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for minimizing administrative costs.

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 Veterans Of Foreign Wars Of The United States Dept Of New Jersey's IRS 990 filings:

Highly volatile revenue streams, with a peak of $3.8M in 2018 and a low of $47K in 2019, making financial planning and stability uncertain.
Dramatic decrease in assets from nearly $4 million in 2018 to $8,456 in 2020 without clear explanation in the summary data.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.

Strengths

The following positive indicators were identified for Veterans Of Foreign Wars Of The United States Dept Of New Jersey:

Consistent reporting of 0% officer compensation, indicating efficient use of funds by not paying executive salaries.
Generally low reported liabilities, with only $3,924 in 2023, suggesting a healthy debt position.
Consistent filing of IRS Form 990s over 13 periods, indicating a commitment to transparency in reporting.

Frequently Asked Questions about Veterans Of Foreign Wars Of The United States Dept Of New Jersey

Is Veterans Of Foreign Wars Of The United States Dept Of New Jersey a good charity?

Based on the available data, the organization appears to operate with no officer compensation, which is a strong positive. However, the significant fluctuations in revenue and assets, particularly the drop from $3.8 million in assets in 2018 to $8,456 in 2020, warrant further investigation to understand the underlying causes and ensure financial stability. Without detailed expense breakdowns, a full assessment of program efficiency is challenging.

Why did the organization's assets drop so dramatically between 2018 and 2020?

The data shows assets decreased from $3,998,393 in 2018 to $3,890,899 in 2019, and then sharply to $8,456 in 2020. This significant reduction, from nearly $4 million to less than $10,000 in two years, suggests a major asset disposition, reclassification, or a significant financial event that is not explained by the summary data provided.

What caused the large revenue spike in 2018?

The revenue for 2018 was $3,849,707, which is an outlier compared to other years where revenue typically ranges from $150,000 to $400,000. This spike could be due to a large one-time donation, a major fundraising event, or a specific grant, but the summary data does not provide the specific reason.

Filing History

IRS 990 filing history for Veterans Of Foreign Wars Of The United States Dept Of New Jersey showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Veterans Of Foreign Wars Of The United States Dept Of New Jersey's revenue has grown by 6.7%, moving from $160K to $171K. Total assets decreased by 86.1% over the same period, from $245K to $34K. Total functional expenses rose by 24.1%, from $146K to $182K. In its most recent filing year (2023), Veterans Of Foreign Wars Of The United States Dept Of New Jersey reported a deficit of $11K, with expenses exceeding revenue. The organization holds $4K in liabilities against $34K in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $30K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$171K	$182K	$34K	$4K	—	—
2022	$155K	$155K	$41K	$0	—	View 990
2021	$278K	$256K	$40K	$0	—	View 990
2020	$409K	$464K	$8K	$0	—	—
2019	$48K	$155K	$3.9M	$0	—	—
2018	$3.8M	$146K	$4.0M	$0	—	View 990
2017	$159K	$111K	$319K	$0	—	—
2016	$157K	$139K	$271K	$0	—	View 990
2015	$164K	$159K	$253K	$0	—	View 990
2014	$135K	$132K	$248K	$0	—	View 990
2013	$134K	$122K	$245K	$0	—	View 990
2012	$129K	$141K	$232K	$0	—	View 990
2011	$160K	$146K	$245K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $171K, expenses of $182K, and assets of $34K (revenue +10.4% year-over-year).
2022: Revenue of $155K, expenses of $155K, and assets of $41K (revenue -44.4% year-over-year).
2021: Revenue of $278K, expenses of $256K, and assets of $40K (revenue -31.9% year-over-year).
2020: Revenue of $409K, expenses of $464K, and assets of $8K (revenue +759.9% year-over-year).
2019: Revenue of $48K, expenses of $155K, and assets of $3.9M (revenue -98.8% year-over-year).
2018: Revenue of $3.8M, expenses of $146K, and assets of $4.0M (revenue +2328.7% year-over-year).
2017: Revenue of $159K, expenses of $111K, and assets of $319K (revenue +1.1% year-over-year).
2016: Revenue of $157K, expenses of $139K, and assets of $271K (revenue -4.6% year-over-year).
2015: Revenue of $164K, expenses of $159K, and assets of $253K (revenue +21.6% year-over-year).
2014: Revenue of $135K, expenses of $132K, and assets of $248K (revenue +0.7% year-over-year).
2013: Revenue of $134K, expenses of $122K, and assets of $245K (revenue +4.3% year-over-year).
2012: Revenue of $129K, expenses of $141K, and assets of $232K (revenue -19.7% year-over-year).
2011: Revenue of $160K, expenses of $146K, and assets of $245K.

Data Sources and Methodology

This transparency report for Veterans Of Foreign Wars Of The United States Dept Of New Jersey 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.