Quick charity verification for Aspira Inc Of New Jersey (EIN: 221859916)
Verdict: Aspira Inc Of New Jersey shows mixed signals
65/100Mission Score
$1.4MRevenue
$2.5MAssets
3Red Flags
3Strengths
Red Flags
Significant and consistent decline in revenue over the past five years, from $2,371,639 in 2018 to $1,357,065 in 2023.
Large fluctuations in net assets, indicating potential instability or significant one-time events.
Lack of detailed program expense breakdown in provided data makes it difficult to fully assess program efficiency.
Strengths
Maintains positive net assets, indicating solvency.
Consistent reporting of financial data over several years.
No reported lobbying expenses, suggesting focus on direct mission activities.
Spending Breakdown
How Aspira Inc Of New Jersey allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Aspira Inc Of New Jersey
Is Aspira Inc Of New Jersey a legitimate charity?
Based on AI analysis of IRS 990 filings, Aspira Inc Of New Jersey (EIN: 221859916) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Aspira Inc Of New Jersey a good charity to donate to?
Aspira Inc Of New Jersey has a Mission Score of 65/100. Revenue: $1.4M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Aspira Inc Of New Jersey?
The Employer Identification Number (EIN) for Aspira Inc Of New Jersey is 221859916. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Aspira Inc Of New Jersey spend its money?
Aspira Inc Of New Jersey allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Aspira Inc Of New Jersey's tax-exempt status?
You can verify Aspira Inc Of New Jersey's tax-exempt status using EIN 221859916 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Aspira Inc Of New Jersey is a unknown nonprofit based in Newark, New Jersey, with reported revenue of $1.4M and assets of $2.5M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation details are not explicitly provided in the summarized financial data, preventing a specific assessment of individual salaries. Revenue has declined -28% across 13 filing periods.