Veterans Of Foreign Wars Of The Us Department Of Nj
VFW Department of NJ shows consistent assets but recent operating deficits.
EIN: 210586655 · Trenton, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $885K |
| Total Expenses | $971K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.5M |
| Transparency Score | 80/100 |
Is Veterans Of Foreign Wars Of The Us Department Of Nj 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 Us Department Of Nj directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Veterans Of Foreign Wars Of The Us Department Of Nj
Veterans Of Foreign Wars Of The Us Department Of Nj (EIN: 210586655) is a nonprofit organization based in Trenton, NJ. The organization reported total revenue of $885K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Of Foreign Wars Of The Us Department Of Nj'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 Us Department Of Nj is a small nonprofit that has been operating for 82 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $765K |
| Total Expenses | $971K |
| Surplus / Deficit | $-205,666 |
| Total Assets | $1.6M |
| Total Liabilities | $104K |
| Net Assets | $1.5M |
| Operating Margin | -26.9% |
| Debt-to-Asset Ratio | 6.4% |
| Months of Reserves | 20.1 months |
Financial Health Grade: B
In 2023, Veterans Of Foreign Wars Of The Us Department Of Nj reported a deficit of $206K with expenses exceeding revenue, holds 20.1 months of operating reserves (strong position), has a debt-to-asset ratio of 6.4% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Veterans Of Foreign Wars Of The Us Department Of Nj's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.4% | +12.0% | -4.2% |
| 2022 | -6.3% | +13.7% | -12.7% |
| 2021 | -27.7% | -9.4% | +1.8% |
| 2020 | +51.8% | +14.8% | +16.5% |
| 2019 | +11.8% | +7.8% | -3.4% |
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 Us Department Of Nj with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Veterans Of Foreign Wars Of The Us Department Of Nj allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $206K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation, indicating that no funds are allocated to executive salaries, which is highly favorable for a nonprofit of its size with annual revenues typically under $1 million.
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 Us Department Of Nj's IRS 990 filings:
- Expenses consistently exceeding revenue in recent periods (e.g., 202306, 202206)
- Lack of detailed program spending breakdown in provided data
Strengths
The following positive indicators were identified for Veterans Of Foreign Wars Of The Us Department Of Nj:
- Consistent 0% officer compensation, indicating strong financial stewardship at the executive level
- Stable asset base over the past decade, providing financial resilience
- Long history of IRS 990 filings (12 filings), suggesting transparency and compliance
Frequently Asked Questions about Veterans Of Foreign Wars Of The Us Department Of Nj
Is Veterans Of Foreign Wars Of The Us Department Of Nj a legitimate charity?
Veterans Of Foreign Wars Of The Us Department Of Nj (EIN: 210586655) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 80/100. It has 12 years of IRS 990 filings on record. Total revenue: $885K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Veterans Of Foreign Wars Of The Us Department Of Nj spend its money?
Veterans Of Foreign Wars Of The Us Department Of Nj directs 85% 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 Us Department Of Nj tax-deductible?
Veterans Of Foreign Wars Of The Us Department Of Nj is registered as a tax-exempt nonprofit (EIN: 210586655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Veterans Of Foreign Wars Of The Us Department Of Nj CEO make?
Veterans Of Foreign Wars Of The Us Department Of Nj's highest-compensated officer earns $1 annually. The organization reported $885K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Veterans Of Foreign Wars Of The Us Department Of Nj's spending goes to programs?
Veterans Of Foreign Wars Of The Us Department Of Nj directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Veterans Of Foreign Wars Of The Us Department Of Nj located?
Veterans Of Foreign Wars Of The Us Department Of Nj is headquartered in Trenton, New Jersey and files with the IRS under EIN 210586655.
How many years of IRS 990 filings does Veterans Of Foreign Wars Of The Us Department Of Nj have?
Veterans Of Foreign Wars Of The Us Department Of Nj has 12 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 $885K in total revenue.
Is Veterans Of Foreign Wars Of The Us Department Of Nj financially sustainable given recent deficits?
The organization has experienced expenses exceeding revenue in several recent periods (e.g., 202306, 202206). While it has substantial assets ($2,186,935 latest), a continued trend of operating deficits could impact long-term sustainability if not reversed.
How does the 0% officer compensation impact the organization's efficiency?
The 0% officer compensation is a significant positive, as it means all funds are directed away from executive salaries and presumably towards programs or operational needs, enhancing spending efficiency.
What is the trend in the organization's assets?
Assets have fluctuated but remained relatively stable over the past decade, generally between $1.6 million and $1.9 million, with the latest reported at $2,186,935. This indicates a consistent financial base.
Filing History
IRS 990 filing history for Veterans Of Foreign Wars Of The Us Department Of Nj showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Veterans Of Foreign Wars Of The Us Department Of Nj's revenue has declined by 20%, moving from $956K to $765K. Total assets decreased by 15.6% over the same period, from $1.9M to $1.6M. Total functional expenses fell by 1.7%, from $988K to $971K. In its most recent filing year (2023), Veterans Of Foreign Wars Of The Us Department Of Nj reported a deficit of $206K, with expenses exceeding revenue. The organization holds $104K in liabilities against $1.6M in assets (debt-to-asset ratio: 6.4%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $765K | $971K | $1.6M | $104K | — | View 990 |
| 2022 | $747K | $867K | $1.7M | $57K | — | View 990 |
| 2021 | $797K | $762K | $1.9M | $52K | — | — |
| 2020 | $1.1M | $841K | $1.9M | $87K | — | — |
| 2019 | $726K | $733K | $1.6M | $48K | — | View 990 |
| 2017 | $650K | $680K | $1.7M | $60K | — | View 990 |
| 2016 | $696K | $866K | $1.8M | $72K | — | View 990 |
| 2015 | $934K | $899K | $1.9M | $67K | — | View 990 |
| 2014 | $959K | $897K | $1.9M | $64K | — | View 990 |
| 2013 | $911K | $998K | $1.9M | $126K | — | View 990 |
| 2012 | $790K | $823K | $1.9M | $37K | — | View 990 |
| 2011 | $956K | $988K | $1.9M | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $765K, expenses of $971K, and assets of $1.6M (revenue +2.4% year-over-year).
- 2022: Revenue of $747K, expenses of $867K, and assets of $1.7M (revenue -6.3% year-over-year).
- 2021: Revenue of $797K, expenses of $762K, and assets of $1.9M (revenue -27.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $841K, and assets of $1.9M (revenue +51.8% year-over-year).
- 2019: Revenue of $726K, expenses of $733K, and assets of $1.6M (revenue +11.8% year-over-year).
- 2017: Revenue of $650K, expenses of $680K, and assets of $1.7M (revenue -6.6% year-over-year).
- 2016: Revenue of $696K, expenses of $866K, and assets of $1.8M (revenue -25.5% year-over-year).
- 2015: Revenue of $934K, expenses of $899K, and assets of $1.9M (revenue -2.7% year-over-year).
- 2014: Revenue of $959K, expenses of $897K, and assets of $1.9M (revenue +5.3% year-over-year).
- 2013: Revenue of $911K, expenses of $998K, and assets of $1.9M (revenue +15.3% year-over-year).
- 2012: Revenue of $790K, expenses of $823K, and assets of $1.9M (revenue -17.4% year-over-year).
- 2011: Revenue of $956K, expenses of $988K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Of Foreign Wars Of The Us Department Of Nj:
Data Sources and Methodology
This transparency report for Veterans Of Foreign Wars Of The Us Department Of Nj 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.