Is Associated Construction Contractors Of New Jersey Inc Legit?
Quick charity verification for Associated Construction Contractors Of New Jersey Inc (EIN: 220416193)
Verdict: Associated Construction Contractors Of New Jersey Inc appears trustworthy
85/100Mission Score
$4.4MRevenue
$3.8MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
NTEE code is unknown, making it difficult to benchmark against similar organizations
Strengths
Consistent revenue growth from $2,361,577 in 2014 to $3,927,161 in 2023
Healthy asset growth from $1,835,044 in 2014 to $3,978,156 in 2023
Consistent operational surpluses in most years (e.g., $204,913 in 2023)
No reported officer compensation across all filings, indicating potentially low executive costs
Long history of 13 IRS 990 filings, demonstrating transparency and compliance
Spending Breakdown
How Associated Construction Contractors Of New Jersey Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Associated Construction Contractors Of New Jersey Inc
Is Associated Construction Contractors Of New Jersey Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Associated Construction Contractors Of New Jersey Inc (EIN: 220416193) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Associated Construction Contractors Of New Jersey Inc a good charity to donate to?
Associated Construction Contractors Of New Jersey Inc has a Mission Score of 85/100. Revenue: $4.4M. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Associated Construction Contractors Of New Jersey Inc?
The Employer Identification Number (EIN) for Associated Construction Contractors Of New Jersey Inc is 220416193. 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 Associated Construction Contractors Of New Jersey Inc spend its money?
Associated Construction Contractors Of New Jersey Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Associated Construction Contractors Of New Jersey Inc's tax-exempt status?
You can verify Associated Construction Contractors Of New Jersey Inc's tax-exempt status using EIN 220416193 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
Associated Construction Contractors Of New Jersey Inc (ACCNJ) demonstrates consistent financial stability and growth over the past decade. The organization's revenue has steadily increased from $2,361,577 in 2014 to $3,927,161 in 2023, indicating a healthy ability to generate income. Expenses have generally tracked revenue, with the organization often operating with a surplus, such as in 2023 where revenue exceeded expenses by over $200,000. This consistent financial management has allowed ACCNJ to build its assets from $1,835,044 in 2014 to $3,978,156 in 2023, providing a strong financial foundation.
Regarding spending efficiency, the provided data indicates 0% officer compensation across all filings, which suggests that executive compensation is either very low or not reported in this specific category, potentially indicating a lean operational structure or that compensation is categorized differently. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. However, the consistent surpluses and asset growth suggest that the organization is managing its resources effectively to support its mission.
Transparency is generally good, with 13 years of publicly available IRS 990 filings. The consistent reporting of key financial metrics like revenue, expenses, assets, and liabilities allows for a clear overview of the organization's financial trajectory. The absence of reported officer compensation in the provided data, while potentially a positive indicator of low executive costs, also means that specific details on how leadership is compensated are not immediately apparent from this summary, which could be a minor point for deeper inquiry.