Youth & Family Counseling Service Inc
Youth & Family Counseling Service Inc: Consistent Deficits Raise Sustainability Concerns
EIN: 221587010 · Westfield, NJ · Updated: 2026-04-04
About Youth & Family Counseling Service Inc
Youth & Family Counseling Service Inc (EIN: 221587010) is a nonprofit organization based in Westfield, NJ. The organization reported total revenue of $374K and total assets of $309K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Youth & Family Counseling Service Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Youth & Family Counseling Service Inc 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Youth & Family Counseling Service Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The filings consistently report 0% compensation for the highest paid employees, which, if accurate, suggests a volunteer-led executive team, but could also be a reporting anomaly that obscures actual compensation.
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 Youth & Family Counseling Service Inc's IRS 990 filings:
- Consistent operating deficits: Expenses have exceeded revenue every year from 2016 to 2023, with a deficit of $384,877 in 2023 against $525,616 in revenue, raising long-term sustainability questions.
- Unclear executive compensation: Reporting 0% compensation for the highest paid employees across multiple years is unusual and lacks clarity.
- Declining net assets: While assets have fluctuated, the consistent deficits suggest a potential erosion of net assets over time if not addressed.
Strengths
The following positive indicators were identified for Youth & Family Counseling Service Inc:
- Long-standing community presence: The organization has been operating for many years, indicating a sustained commitment to its mission.
- Asset base: Despite deficits, the organization maintains an asset base, with $318,818 in assets reported in 2023.
- Relatively low liabilities: Liabilities remain relatively low at $9,653 in 2023, suggesting good debt management.
Frequently Asked Questions about Youth & Family Counseling Service Inc
What does Youth & Family Counseling Service Inc do?
Youth & Family Counseling Service Inc is a nonprofit organization in the Unknown sector, located in Westfield, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Youth & Family Counseling Service Inc have?
Youth & Family Counseling Service Inc reported total revenue of $373,712. Based on 13 IRS 990 filings on record.
What are Youth & Family Counseling Service Inc's total assets?
Youth & Family Counseling Service Inc holds total assets of $308,978 as reported in IRS 990 filings.
Where is Youth & Family Counseling Service Inc located?
Youth & Family Counseling Service Inc is based in Westfield, New Jersey.
What is Youth & Family Counseling Service Inc's EIN?
Youth & Family Counseling Service Inc's Employer Identification Number (EIN) is 221587010. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Youth & Family Counseling Service Inc?
Youth & Family Counseling Service Inc is classified under NTEE code Unknown (Unknown).
Is Youth & Family Counseling Service Inc a registered 501(c)(3)?
Youth & Family Counseling Service Inc appears in IRS records (EIN: 221587010). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Youth & Family Counseling Service Inc file IRS Form 990?
Yes, Youth & Family Counseling Service Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Youth & Family Counseling Service Inc's revenue in 2023?
In the 202312 filing period, Youth & Family Counseling Service Inc reported total revenue of $525,616, total expenses of $384,877, and net assets of $318,818.
Is Youth & Family Counseling Service Inc's revenue growing or declining?
Youth & Family Counseling Service Inc's revenue is growing. Revenue went from $345,570 (202212) to $525,616 (202312), a +52.1% change. Based on 13 filings on record.
What is Youth & Family Counseling Service Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Youth & Family Counseling Service Inc covers tax period 202312. It shows revenue of $525,616, expenses of $384,877, total assets of $318,818, and liabilities of $9,653.
How much does Youth & Family Counseling Service Inc spend on programs vs administration?
Based on IRS 990 analysis, Youth & Family Counseling Service Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Youth & Family Counseling Service Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Youth & Family Counseling Service Inc appears trustworthy. Mission Score: 70/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Youth & Family Counseling Service Inc?
The following concerns were identified: Consistent operating deficits: Expenses have exceeded revenue every year from 2016 to 2023, with a deficit of $384,877 in 2023 against $525,616 in revenue, raising long-term sustainability questions.. Unclear executive compensation: Reporting 0% compensation for the highest paid employees across multiple years is unusual and lacks clarity.. Declining net assets: While assets have fluctuated, the consistent deficits suggest a potential erosion of net assets over time if not addressed.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Youth & Family Counseling Service Inc's strengths?
Positive indicators for Youth & Family Counseling Service Inc include: Long-standing community presence: The organization has been operating for many years, indicating a sustained commitment to its mission.. Asset base: Despite deficits, the organization maintains an asset base, with $318,818 in assets reported in 2023.. Relatively low liabilities: Liabilities remain relatively low at $9,653 in 2023, suggesting good debt management.. These findings are derived from AI analysis of the organization's financial filings.
How does Youth & Family Counseling Service Inc compensate executives?
The filings consistently report 0% compensation for the highest paid employees, which, if accurate, suggests a volunteer-led executive team, but could also be a reporting anomaly that obscures actual compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Youth & Family Counseling Service Inc?
- The organization consistently reports a 0% compensation for its highest paid employees, which may indicate a lack of transparency regarding executive compensation or that all key employees are volunteers. - Financial filings show consistent operating deficits over the past several years, with expenses exceeding revenue in every year from 2016 to 2023. - The organization's liabilities have increased from $2,7537 in 2016 to $9,653 in 2023, while assets have fluctuated. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent operating deficits, what specific strategies are being implemented to achieve financial sustainability and reverse the trend of expenses exceeding revenue?
The provided data does not detail specific strategies, but the consistent deficits, such as the $384,877 in expenses against $525,616 in revenue in 2023, indicate a critical need for a robust financial recovery plan.
How does the organization manage to operate with reported 0% compensation for its highest paid employees, and what is the actual structure of its leadership and compensation?
The consistent reporting of 0% compensation for the highest paid employees is highly unusual and suggests either a fully volunteer executive team or a reporting method that does not fully disclose executive compensation, requiring further clarification beyond the provided data.
Filing History
IRS 990 filing history for Youth & Family Counseling Service Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Youth & Family Counseling Service Inc's revenue has grown by 64.9%, moving from $319K to $526K. Total assets increased by 7.8% over the same period, from $296K to $319K. Total functional expenses rose by 12.3%, from $343K to $385K. In its most recent filing year (2023), Youth & Family Counseling Service Inc reported a surplus of $141K, with revenue exceeding expenses. The organization holds $10K in liabilities against $319K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $309K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $526K | $385K | $319K | $10K | — | — |
| 2022 | $346K | $364K | $181K | $13K | — | — |
| 2021 | $361K | $336K | $205K | $11K | — | View 990 |
| 2020 | $369K | $324K | $177K | $9K | — | — |
| 2019 | $320K | $335K | $129K | $8K | — | View 990 |
| 2018 | $287K | $323K | $145K | $9K | — | View 990 |
| 2017 | $298K | $308K | $185K | $5K | — | View 990 |
| 2016 | $248K | $276K | $207K | $28K | — | View 990 |
| 2015 | $252K | $261K | $235K | $28K | — | View 990 |
| 2014 | $201K | $243K | $242K | $20K | — | View 990 |
| 2013 | $186K | $216K | $266K | $7K | — | View 990 |
| 2012 | $205K | $243K | $273K | $5K | — | View 990 |
| 2011 | $319K | $343K | $296K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $526K, expenses of $385K, and assets of $319K (revenue +52.1% year-over-year).
- 2022: Revenue of $346K, expenses of $364K, and assets of $181K (revenue -4.3% year-over-year).
- 2021: Revenue of $361K, expenses of $336K, and assets of $205K (revenue -2.3% year-over-year).
- 2020: Revenue of $369K, expenses of $324K, and assets of $177K (revenue +15.3% year-over-year).
- 2019: Revenue of $320K, expenses of $335K, and assets of $129K (revenue +11.4% year-over-year).
- 2018: Revenue of $287K, expenses of $323K, and assets of $145K (revenue -3.6% year-over-year).
- 2017: Revenue of $298K, expenses of $308K, and assets of $185K (revenue +20.0% year-over-year).
- 2016: Revenue of $248K, expenses of $276K, and assets of $207K (revenue -1.5% year-over-year).
- 2015: Revenue of $252K, expenses of $261K, and assets of $235K (revenue +25.8% year-over-year).
- 2014: Revenue of $201K, expenses of $243K, and assets of $242K (revenue +7.7% year-over-year).
- 2013: Revenue of $186K, expenses of $216K, and assets of $266K (revenue -9.3% year-over-year).
- 2012: Revenue of $205K, expenses of $243K, and assets of $273K (revenue -35.6% year-over-year).
- 2011: Revenue of $319K, expenses of $343K, and assets of $296K.
Data Sources and Methodology
This transparency report for Youth & Family Counseling Service 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.