Veterans Of Foreign Wars Of The United States Dept Of New Jersey
VFW Dept of NJ: Strong Program Spending, Limited Transparency
EIN: 221500107 · Saddle Brook, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $475K |
| Total Expenses | $427K |
| Program Spending | 90% |
| Transparency Score | 75/100 |
Is Veterans Of Foreign Wars Of The United States Dept Of New Jersey Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Veterans Of Foreign Wars Of The United States Dept Of New Jersey directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
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: 221500107) is a nonprofit organization based in Saddle Brook, NJ. The organization reported total revenue of $475K and total assets of $676K 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.
Organization Overview
Veterans Of Foreign Wars Of The United States Dept Of New Jersey is a small nonprofit that has been operating for 82 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $401K |
| Total Expenses | $427K |
| Surplus / Deficit | $-25,444 |
| Total Assets | $0 |
| Net Assets | $0 |
| Operating Margin | -6.3% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2024, Veterans Of Foreign Wars Of The United States Dept Of New Jersey reported a deficit of $25K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2024), Veterans Of Foreign Wars Of The United States Dept Of New Jersey's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.8% | +47.5% | — |
| 2023 | +29.0% | +12.2% | -100.0% |
| 2022 | +45.5% | +48.3% | +166.4% |
| 2021 | +12.0% | -2.6% | +44.9% |
| 2020 | -27.4% | -35.2% | +18.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1944 |
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 Veterans Of Foreign Wars Of The United States Dept Of New Jersey with a Mission Score of 75 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Veterans Of Foreign Wars Of The United States Dept Of New Jersey allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $25K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided filings, making it difficult to assess fairness.
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:
- Lack of readily available detailed financial reports on their website.
- Absence of specific executive compensation figures in public data.
Strengths
The following positive indicators were identified for Veterans Of Foreign Wars Of The United States Dept Of New Jersey:
- Consistently high percentage of expenses allocated to programs.
- Positive net assets indicating financial stability.
- Consistent revenue generation over several years.
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 legitimate charity?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey (EIN: 221500107) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $475K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Veterans Of Foreign Wars Of The United States Dept Of New Jersey spend its money?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Veterans Of Foreign Wars Of The United States Dept Of New Jersey tax-deductible?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey is registered as a tax-exempt nonprofit (EIN: 221500107). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Veterans Of Foreign Wars Of The United States Dept Of New Jersey's spending goes to programs?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Veterans Of Foreign Wars Of The United States Dept Of New Jersey located?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey is headquartered in Saddle Brook, New Jersey and files with the IRS under EIN 221500107.
How many years of IRS 990 filings does Veterans Of Foreign Wars Of The United States Dept Of New Jersey have?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey has 14 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 $475K in total revenue.
What does Veterans Of Foreign Wars Of The United States Dept Of New Jersey do?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey is a nonprofit organization in the Unknown sector, located in Saddle Brook, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Veterans Of Foreign Wars Of The United States Dept Of New Jersey have?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey reported total revenue of $474,782. Based on 14 IRS 990 filings on record.
What are Veterans Of Foreign Wars Of The United States Dept Of New Jersey's total assets?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey holds total assets of $676,084 as reported in IRS 990 filings.
Where is Veterans Of Foreign Wars Of The United States Dept Of New Jersey located?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey is based in Saddle Brook, New Jersey.
What is Veterans Of Foreign Wars Of The United States Dept Of New Jersey's EIN?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey's Employer Identification Number (EIN) is 221500107. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Veterans Of Foreign Wars Of The United States Dept Of New Jersey?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey is classified under NTEE code Unknown (Unknown).
Is Veterans Of Foreign Wars Of The United States Dept Of New Jersey a registered 501(c)(3)?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey appears in IRS records (EIN: 221500107). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Veterans Of Foreign Wars Of The United States Dept Of New Jersey file IRS Form 990?
Yes, Veterans Of Foreign Wars Of The United States Dept Of New Jersey has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Veterans Of Foreign Wars Of The United States Dept Of New Jersey's revenue in 2024?
In the 202406 filing period, Veterans Of Foreign Wars Of The United States Dept Of New Jersey reported total revenue of $401,499, total expenses of $426,943, and net assets of N/A.
Is Veterans Of Foreign Wars Of The United States Dept Of New Jersey's revenue growing or declining?
Veterans Of Foreign Wars Of The United States Dept Of New Jersey's revenue is relatively stable. Revenue went from $408,770 (202306) to $401,499 (202406), a -1.8% change. Based on 14 filings on record.
What is Veterans Of Foreign Wars Of The United States Dept Of New Jersey's most recent 990 filing?
The most recent IRS Form 990 filing for Veterans Of Foreign Wars Of The United States Dept Of New Jersey covers tax period 202406. It shows revenue of $401,499, expenses of $426,943, total assets of N/A, and liabilities of N/A.
How much does Veterans Of Foreign Wars Of The United States Dept Of New Jersey spend on programs vs administration?
Based on IRS 990 analysis, Veterans Of Foreign Wars Of The United States Dept Of New Jersey allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Veterans Of Foreign Wars Of The United States Dept Of New Jersey a trustworthy charity?
Based on AI analysis of IRS 990 data, Veterans Of Foreign Wars Of The United States Dept Of New Jersey appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Veterans Of Foreign Wars Of The United States Dept Of New Jersey?
The following concerns were identified: Lack of readily available detailed financial reports on their website.. Absence of specific executive compensation figures in public data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Veterans Of Foreign Wars Of The United States Dept Of New Jersey's strengths?
Positive indicators for Veterans Of Foreign Wars Of The United States Dept Of New Jersey include: Consistently high percentage of expenses allocated to programs.. Positive net assets indicating financial stability.. Consistent revenue generation over several years.. These findings are derived from AI analysis of the organization's financial filings.
How does Veterans Of Foreign Wars Of The United States Dept Of New Jersey compensate executives?
Executive compensation is not explicitly detailed in the provided filings, making it difficult to assess fairness. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the VFW Dept of NJ ensure its program spending directly benefits veterans given the lack of detailed program descriptions?
While the filings show a high percentage of expenses on programs, the absence of detailed program descriptions makes it challenging to ascertain the direct impact and specific beneficiaries of these funds.
What is the strategy behind the significant fluctuation in total assets, such as the jump from $141,298 in 2021 to $376,380 in 2022, and then back to $0 in 2023 and 2024?
The provided data shows 'a' (assets) as $0 for 2023 and 2024, which is highly unusual for an active organization. This could indicate a reporting anomaly or a significant change in asset management or classification that warrants further investigation.
Filing History
IRS 990 filing history for Veterans Of Foreign Wars Of The United States Dept Of New Jersey showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Veterans Of Foreign Wars Of The United States Dept Of New Jersey's revenue has grown by 4.3%, moving from $385K to $401K. Total assets decreased by 100% over the same period, from $121K to $0. Total functional expenses rose by 5.4%, from $405K to $427K. In its most recent filing year (2024), Veterans Of Foreign Wars Of The United States Dept Of New Jersey reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $401K | $427K | $0 | $0 | — | — |
| 2023 | $409K | $289K | $0 | $0 | — | — |
| 2022 | $317K | $258K | $376K | $13K | — | View 990 |
| 2021 | $218K | $174K | $141K | $0 | — | View 990 |
| 2020 | $194K | $178K | $98K | $0 | — | View 990 |
| 2019 | $268K | $276K | $82K | $0 | — | View 990 |
| 2018 | $208K | $205K | $90K | $0 | — | View 990 |
| 2017 | $301K | $324K | $87K | $0 | — | View 990 |
| 2016 | $288K | $268K | $111K | $0 | — | View 990 |
| 2015 | $319K | $331K | $90K | $0 | — | View 990 |
| 2014 | $343K | $362K | $103K | $0 | — | View 990 |
| 2013 | $387K | $393K | $122K | $0 | — | View 990 |
| 2012 | $400K | $393K | $128K | $0 | — | View 990 |
| 2011 | $385K | $405K | $121K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $401K, expenses of $427K, and assets of $0 (revenue -1.8% year-over-year).
- 2023: Revenue of $409K, expenses of $289K, and assets of $0 (revenue +29.0% year-over-year).
- 2022: Revenue of $317K, expenses of $258K, and assets of $376K (revenue +45.5% year-over-year).
- 2021: Revenue of $218K, expenses of $174K, and assets of $141K (revenue +12.0% year-over-year).
- 2020: Revenue of $194K, expenses of $178K, and assets of $98K (revenue -27.4% year-over-year).
- 2019: Revenue of $268K, expenses of $276K, and assets of $82K (revenue +29.0% year-over-year).
- 2018: Revenue of $208K, expenses of $205K, and assets of $90K (revenue -31.0% year-over-year).
- 2017: Revenue of $301K, expenses of $324K, and assets of $87K (revenue +4.4% year-over-year).
- 2016: Revenue of $288K, expenses of $268K, and assets of $111K (revenue -9.6% year-over-year).
- 2015: Revenue of $319K, expenses of $331K, and assets of $90K (revenue -7.1% year-over-year).
- 2014: Revenue of $343K, expenses of $362K, and assets of $103K (revenue -11.4% year-over-year).
- 2013: Revenue of $387K, expenses of $393K, and assets of $122K (revenue -3.4% year-over-year).
- 2012: Revenue of $400K, expenses of $393K, and assets of $128K (revenue +4.0% year-over-year).
- 2011: Revenue of $385K, expenses of $405K, and assets of $121K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Of Foreign Wars Of The United States Dept Of New Jersey:
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.