Revenue dropped from $158,976 in 2022 to $80,730 in 2023, a substantial decline of nearly 50%.
The organization reported $0 in revenue for the fiscal year ending 2021, indicating a potential operational pause or reporting anomaly.
Total expenses ($112,837) exceeded total revenue ($80,730) in 2023, leading to a deficit for the year.
Strengths
Despite revenue volatility, the organization has maintained positive net assets in most reported years, indicating some financial resilience.
Spending Breakdown
How Celebrate Perth Amboy Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
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 Celebrate Perth Amboy Inc
Is Celebrate Perth Amboy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Celebrate Perth Amboy Inc (EIN: 222979995) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 1 strength noted.
Is Celebrate Perth Amboy Inc a good charity to donate to?
Celebrate Perth Amboy Inc has a Mission Score of 65/100. Revenue: $178K. Assets: $44K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Celebrate Perth Amboy Inc?
The Employer Identification Number (EIN) for Celebrate Perth Amboy Inc is 222979995. 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 Celebrate Perth Amboy Inc spend its money?
Celebrate Perth Amboy Inc allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Celebrate Perth Amboy Inc's tax-exempt status?
You can verify Celebrate Perth Amboy Inc's tax-exempt status using EIN 222979995 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
Celebrate Perth Amboy Inc is a recreation & sports nonprofit based in Perth Amboy, New Jersey, with reported revenue of $178K and assets of $44K. 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. Executive compensation cannot be assessed as no compensation figures (c) were reported in the provided financial data for any year. Revenue has declined -27% across 12 filing periods.