Verdict: Essex Properties Urban Renewal Associates Inc has notable concerns
35/100Mission Score
$846KRevenue
$1.3MAssets
4Red Flags
2Strengths
Red Flags
Revenue has been declining from $796,007 in 2017 to $846,187 in 2023, while expenses have remained high, leading to net losses in several years.
The spending breakdown indicates 0% on programs, 98% on administration, and 2% on fundraising, which is highly unusual for a nonprofit and suggests a lack of direct charitable activity.
The organization consistently reports 'c0%' for compensation, which could indicate a lack of transparency regarding personnel costs or an unusual operational model.
Total liabilities have increased significantly from $51,789 in 2017 to $98,785 in 2023, while assets have decreased from $1,669,411 to $1,342,535 over the same period.
Strengths
The organization has maintained a consistent presence since at least 2016, indicating longevity.
Despite declining revenue, the organization has managed to maintain a substantial asset base, with $1,342,535 in assets as of 2023.
AI Transparency Report
Essex Properties Urban Renewal Associates Inc is a housing & shelter nonprofit based in East Hanover, New Jersey, with reported revenue of $846K and assets of $1.3M. Our AI analysis assigns a Mission Score of 35/100 (Poor). Executive compensation is not explicitly detailed in the provided data, with 'c0%' consistently reported, making it impossible to assess specific compensation figures. Revenue has grown +30% across 13 filing periods.