Quick charity verification for African American Fund Of New Jersey Inc (EIN: 222349446)
Verdict: African American Fund Of New Jersey Inc shows mixed signals
65/100Mission Score
$251KRevenue
$658KAssets
4Red Flags
1Strengths
Red Flags
Significant decline in total assets from $9,713,012 in 2010 to $658,267 in 2023.
Revenue has decreased substantially from $1,076,776 in 2012 to $221,494 in 2023.
Consistent reporting of 0% compensation across all available filings raises questions about operational structure and volunteer reliance.
Large liabilities reported in earlier years (e.g., $9,133,157 in 2010) are no longer present, but the reason for their disappearance and impact on assets is unclear.
Strengths
The organization has maintained operations for over a decade despite significant financial changes.
AI Transparency Report
African American Fund Of New Jersey Inc is a human services nonprofit based in East Orange, New Jersey, with reported revenue of $251K and assets of $658K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. The organization consistently reports $0 in compensation for all years available, which is unusual for an organization with reported revenues and assets and requires further clarification. Revenue has declined -72% across 6 filing periods.