Is Family Promise Of Bergen County A New Jersey Non Profit Corporation Legit?
Quick charity verification for Family Promise Of Bergen County A New Jersey Non Profit Corporation (EIN: 222853599)
Verdict: Family Promise Of Bergen County A New Jersey Non Profit Corporation appears trustworthy
85/100Mission Score
$2.1MRevenue
$3.1MAssets
2Red Flags
3Strengths
Red Flags
Revenue has shown a declining trend from $2,419,712 in 2020 to $1,762,630 in 2023, which could impact future program sustainability.
The organization's liabilities have fluctuated, reaching a high of $157,762 in 2022 before decreasing to $55,470 in 2023.
Strengths
Consistently high percentage of expenses dedicated to programs, indicating a strong focus on their mission.
Healthy asset growth from $715,520 in 2016 to $3,227,138 in 2023, demonstrating financial stability.
Low administrative and fundraising costs suggest efficient operations.
AI Transparency Report
Family Promise Of Bergen County A New Jersey Non Profit Corporation is a housing & shelter nonprofit based in Ridgewood, New Jersey, with reported revenue of $2.1M and assets of $3.1M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 5% to administration, and 10% to fundraising. Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further information on individual salaries. Revenue has grown +70% across 14 filing periods.