Revenue has shown significant fluctuations over the past few years, from a high of $3,196,672 in 2020 to $1,475,145 in 2023, which could impact program stability.
Expenses have exceeded revenue in several years (e.g., 2023: revenue $1,475,145 vs. expenses $2,044,170), indicating a reliance on reserves or other funding sources.
Strengths
The organization maintains substantial assets, with $12,527,506 in 2023, providing a strong financial foundation.
Consistent reporting of financial data through Form 990s demonstrates a commitment to transparency.
Despite revenue fluctuations, the organization has consistently managed to maintain its asset base, indicating sound financial management over the long term.
Spending Breakdown
How Greater Newark Conservancy 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 Greater Newark Conservancy Inc
Is Greater Newark Conservancy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Newark Conservancy Inc (EIN: 222691309) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Greater Newark Conservancy Inc a good charity to donate to?
Greater Newark Conservancy Inc has a Mission Score of 75/100. Revenue: $1.8M. Assets: $13.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Greater Newark Conservancy Inc?
The Employer Identification Number (EIN) for Greater Newark Conservancy Inc is 222691309. 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 Greater Newark Conservancy Inc spend its money?
Greater Newark Conservancy Inc allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Greater Newark Conservancy Inc's tax-exempt status?
You can verify Greater Newark Conservancy Inc's tax-exempt status using EIN 222691309 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
Greater Newark Conservancy Inc is a environment nonprofit based in Newark, New Jersey, with reported revenue of $1.8M and assets of $13.5M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation is not explicitly detailed in the provided data, with filings consistently reporting $0 for compensation from unrelated organizations, suggesting further investigation into direct compensation from the Conservancy is needed. Revenue has declined -20% across 13 filing periods.