Wayne Senior Citizens Runnymede Corporation
Wayne Senior Citizens Runnymede Corporation: Declining Revenue, High Assets, and Minimal Program Spending
EIN: 221981535 · Wayne, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $206K |
| Total Expenses | $55K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $6.3M |
| Transparency Score | 20/100 |
Is Wayne Senior Citizens Runnymede Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wayne Senior Citizens Runnymede Corporation
Wayne Senior Citizens Runnymede Corporation (EIN: 221981535) is a nonprofit organization based in Wayne, NJ. The organization reported total revenue of $206K and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wayne Senior Citizens Runnymede Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wayne Senior Citizens Runnymede Corporation is a small nonprofit that has been operating for 53 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -25.0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $206K |
| Total Expenses | $55K |
| Surplus / Deficit | +$151K |
| Total Assets | $6.3M |
| Net Assets | $6.3M |
| Operating Margin | 73.4% |
| Months of Reserves | 1377.2 months |
Financial Health Grade: A
In 2019, Wayne Senior Citizens Runnymede Corporation reported a surplus of $151K with revenue exceeding expenses, holds 1377.2 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2019), Wayne Senior Citizens Runnymede Corporation's revenue has declined at a compound annual growth rate (CAGR) of -25.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +6.2% | -41.5% | +2.2% |
| 2018 | -84.8% | +387.5% | +1.6% |
| 2017 | +375.1% | -72.3% | +26.2% |
| 2016 | -94.5% | -96.2% | +3.9% |
| 2015 | +134.3% | +2.7% | -17.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 Wayne Senior Citizens Runnymede Corporation with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Wayne Senior Citizens Runnymede Corporation allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $151K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, which may indicate volunteer leadership or compensation being reported under other expense categories.
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 Wayne Senior Citizens Runnymede Corporation's IRS 990 filings:
- Program expenses are consistently reported as $0 or extremely low (e.g., $0 in 2019, $0 in 2018, $0 in 2017, $0 in 2016, $0 in 2015, $0 in 2014, $0 in 2013, $0 in 2012), despite significant assets and revenue in some years.
- Revenue has significantly declined from a peak of $4,835,033 in 2015 to $205,850 in 2019.
- The organization holds substantial assets ($6,284,393 in 2019) with minimal reported program activity.
- The nature of the organization's activities, given its name and financial reporting, is unclear without further detail on how its mission is being fulfilled with such low program spending.
Strengths
The following positive indicators were identified for Wayne Senior Citizens Runnymede Corporation:
- The organization maintains a strong asset base, with $6,284,393 in assets as of 2019.
- Low reported liabilities ($0 in 2019, $18,635 in 2018, $19,991 in 2017, $19,991 in 2016) suggest financial stability in terms of debt.
Frequently Asked Questions about Wayne Senior Citizens Runnymede Corporation
Is Wayne Senior Citizens Runnymede Corporation a legitimate charity?
Wayne Senior Citizens Runnymede Corporation (EIN: 221981535) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 20/100. It has 9 years of IRS 990 filings on record. Total revenue: $206K. 4 red flags identified. 2 strengths noted. Financial health grade: A.
How does Wayne Senior Citizens Runnymede Corporation spend its money?
Wayne Senior Citizens Runnymede Corporation reported $206K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wayne Senior Citizens Runnymede Corporation tax-deductible?
Wayne Senior Citizens Runnymede Corporation is registered as a tax-exempt nonprofit (EIN: 221981535). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Wayne Senior Citizens Runnymede Corporation CEO make?
Wayne Senior Citizens Runnymede Corporation's highest-compensated officer earns $0 annually. The organization reported $206K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Wayne Senior Citizens Runnymede Corporation located?
Wayne Senior Citizens Runnymede Corporation is headquartered in Wayne, New Jersey and files with the IRS under EIN 221981535.
How many years of IRS 990 filings does Wayne Senior Citizens Runnymede Corporation have?
Wayne Senior Citizens Runnymede Corporation has 9 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 $206K in total revenue.
What does Wayne Senior Citizens Runnymede Corporation do?
Wayne Senior Citizens Runnymede Corporation is a nonprofit organization in the Unknown sector, located in Wayne, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Wayne Senior Citizens Runnymede Corporation have?
Wayne Senior Citizens Runnymede Corporation reported total revenue of $205,850. Based on 9 IRS 990 filings on record.
What are Wayne Senior Citizens Runnymede Corporation's total assets?
Wayne Senior Citizens Runnymede Corporation holds total assets of $6,284,393 as reported in IRS 990 filings.
Where is Wayne Senior Citizens Runnymede Corporation located?
Wayne Senior Citizens Runnymede Corporation is based in Wayne, New Jersey.
What is Wayne Senior Citizens Runnymede Corporation's EIN?
Wayne Senior Citizens Runnymede Corporation's Employer Identification Number (EIN) is 221981535. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Wayne Senior Citizens Runnymede Corporation?
Wayne Senior Citizens Runnymede Corporation is classified under NTEE code Unknown (Unknown).
Is Wayne Senior Citizens Runnymede Corporation a registered 501(c)(3)?
Wayne Senior Citizens Runnymede Corporation appears in IRS records (EIN: 221981535). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Wayne Senior Citizens Runnymede Corporation file IRS Form 990?
Yes, Wayne Senior Citizens Runnymede Corporation has 9 IRS Form 990 filings on record. The most recent covers tax period 201912.
What was Wayne Senior Citizens Runnymede Corporation's revenue in 2019?
In the 201912 filing period, Wayne Senior Citizens Runnymede Corporation reported total revenue of $205,850, total expenses of $54,758, and net assets of $6,284,393.
Is Wayne Senior Citizens Runnymede Corporation's revenue growing or declining?
Wayne Senior Citizens Runnymede Corporation's revenue is growing. Revenue went from $193,837 (201812) to $205,850 (201912), a +6.2% change. Based on 9 filings on record.
What is Wayne Senior Citizens Runnymede Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Wayne Senior Citizens Runnymede Corporation covers tax period 201912. It shows revenue of $205,850, expenses of $54,758, total assets of $6,284,393, and liabilities of N/A.
Is Wayne Senior Citizens Runnymede Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Wayne Senior Citizens Runnymede Corporation has notable concerns. Mission Score: 20/100 (Poor). 4 red flags identified. 2 strengths noted.
What are the red flags for Wayne Senior Citizens Runnymede Corporation?
The following concerns were identified: Program expenses are consistently reported as $0 or extremely low (e.g., $0 in 2019, $0 in 2018, $0 in 2017, $0 in 2016, $0 in 2015, $0 in 2014, $0 in 2013, $0 in 2012), despite significant assets and revenue in some years.. Revenue has significantly declined from a peak of $4,835,033 in 2015 to $205,850 in 2019.. The organization holds substantial assets ($6,284,393 in 2019) with minimal reported program activity.. The nature of the organization's activities, given its name and financial reporting, is unclear without further detail on how its mission is being fulfilled with such low program spending.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Wayne Senior Citizens Runnymede Corporation's strengths?
Positive indicators for Wayne Senior Citizens Runnymede Corporation include: The organization maintains a strong asset base, with $6,284,393 in assets as of 2019.. Low reported liabilities ($0 in 2019, $18,635 in 2018, $19,991 in 2017, $19,991 in 2016) suggest financial stability in terms of debt.. These findings are derived from AI analysis of the organization's financial filings.
How does Wayne Senior Citizens Runnymede Corporation compensate executives?
Executive compensation is consistently reported as $0 across all available filings, which may indicate volunteer leadership or compensation being reported under other expense categories. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the organization's name 'Wayne Senior Citizens Runnymede Corporation' and its substantial assets, how does it fulfill its mission to senior citizens when program expenses are consistently reported as $0 or negligible across all available years?
The financial data provided indicates that the organization reports $0 in program expenses for all years from 2012 to 2019. This suggests that either the services are provided entirely by volunteers without any associated costs, or the expenses are miscategorized, or the organization is not actively engaging in direct program services despite its name and asset base.
What is the primary purpose of holding over $6 million in assets in 2019, given the minimal operational expenses and declining revenue?
With $6,284,393 in assets and only $54,758 in total expenses in 2019, the organization appears to be primarily an asset-holding entity. The purpose of these assets, without corresponding program expenditures, is not clear from the financial data alone and could indicate an endowment, real estate holdings, or funds awaiting future deployment.
Filing History
IRS 990 filing history for Wayne Senior Citizens Runnymede Corporation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Wayne Senior Citizens Runnymede Corporation's revenue has declined by 90%, moving from $2.1M to $206K. Total assets increased by 21% over the same period, from $5.2M to $6.3M. Total functional expenses fell by 97.1%, from $1.9M to $55K. In its most recent filing year (2019), Wayne Senior Citizens Runnymede Corporation reported a surplus of $151K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $206K | $55K | $6.3M | $0 | — | View 990 |
| 2018 | $194K | $94K | $6.2M | $19K | — | View 990 |
| 2017 | $1.3M | $19K | $6.1M | $20K | — | View 990 |
| 2016 | $268K | $69K | $4.8M | $20K | — | View 990 |
| 2015 | $4.8M | $1.8M | $4.6M | $39K | — | View 990 |
| 2014 | $2.1M | $1.8M | $5.6M | $4.0M | — | View 990 |
| 2013 | $2.0M | $1.7M | $5.3M | $4.0M | — | View 990 |
| 2012 | $2.0M | $1.8M | $5.2M | $4.2M | — | View 990 |
| 2011 | $2.1M | $1.9M | $5.2M | $4.4M | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $206K, expenses of $55K, and assets of $6.3M (revenue +6.2% year-over-year).
- 2018: Revenue of $194K, expenses of $94K, and assets of $6.2M (revenue -84.8% year-over-year).
- 2017: Revenue of $1.3M, expenses of $19K, and assets of $6.1M (revenue +375.1% year-over-year).
- 2016: Revenue of $268K, expenses of $69K, and assets of $4.8M (revenue -94.5% year-over-year).
- 2015: Revenue of $4.8M, expenses of $1.8M, and assets of $4.6M (revenue +134.3% year-over-year).
- 2014: Revenue of $2.1M, expenses of $1.8M, and assets of $5.6M (revenue +1.1% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.7M, and assets of $5.3M (revenue +3.5% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.8M, and assets of $5.2M (revenue -3.8% year-over-year).
- 2011: Revenue of $2.1M, expenses of $1.9M, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wayne Senior Citizens Runnymede Corporation:
Data Sources and Methodology
This transparency report for Wayne Senior Citizens Runnymede Corporation 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.