Quick charity verification for Garden State Arts Foundation Inc (EIN: 222543658)
Verdict: Garden State Arts Foundation Inc appears trustworthy
75/100Mission Score
$1.0MRevenue
$717KAssets
3Red Flags
3Strengths
Red Flags
Consistent reporting of 0% compensation for highest paid employees raises questions about financial transparency and potential underreporting.
Significant decline in assets from $1,439,532 in 2021 to $1,156,336 in 2023 without a clear explanation in public filings.
Expenses consistently exceed revenue in recent years (e.g., 2023: revenue $665,596, expenses $787,201), indicating a deficit spending trend.
Strengths
Consistent revenue generation over several years, indicating a stable donor base or funding streams.
Long operational history (data back to 2016) suggests established presence and experience.
Relatively low liabilities reported (e.g., $1,350 in 2023) compared to assets.
AI Transparency Report
Garden State Arts Foundation Inc is a arts, culture & humanities nonprofit based in Woodbridge, New Jersey, with reported revenue of $1.0M and assets of $717K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation is reported as $0 across all available filings, which is unusual for an organization with over $600,000 in annual revenue and requires clarification. Revenue has declined -23% across 13 filing periods.