Is Community Housing Resource Board Of Southern Bergen County Inc Legit?
Quick charity verification for Community Housing Resource Board Of Southern Bergen County Inc (EIN: 222451449)
Verdict: Community Housing Resource Board Of Southern Bergen County Inc appears trustworthy
85/100Mission Score
$771KRevenue
$1.9MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent revenue generation and asset growth over the past several years.
Significant reduction in liabilities, indicating strong financial management and stability.
Healthy asset base of $1,947,022 as of 2024, providing a solid foundation for operations.
Positive net assets trend, with assets consistently exceeding liabilities.
AI Transparency Report
Community Housing Resource Board Of Southern Bergen County Inc is a housing & shelter nonprofit based in Hackensack, New Jersey, with reported revenue of $771K and assets of $1.9M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. - Financial statements are consistently available and show clear trends over time.
- The organization's liabilities have decreased significantly from $769,062 in 2017 to $180,349 in 2024.
- Compensation details are not explicitly broken down in the provided summary data, requiring deeper filing review. Executive compensation cannot be assessed with the provided data, as specific figures for individual salaries are not included in the summary. Revenue has grown +89% across 13 filing periods.