Very low liabilities relative to assets, suggesting sound financial management and minimal debt.
Demonstrated growth in revenue over the past few years, from $355,556 in 2020 to $949,046 in 2023.
Long history of IRS 990 filings (13 filings), indicating consistent transparency.
Spending Breakdown
How Islamic Circle Of North America New Jersey allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Islamic Circle Of North America New Jersey
Is Islamic Circle Of North America New Jersey a legitimate charity?
Based on AI analysis of IRS 990 filings, Islamic Circle Of North America New Jersey (EIN: 202083113) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Islamic Circle Of North America New Jersey a good charity to donate to?
Islamic Circle Of North America New Jersey has a Mission Score of 85/100. Revenue: $987K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Islamic Circle Of North America New Jersey?
The Employer Identification Number (EIN) for Islamic Circle Of North America New Jersey is 202083113. 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 Islamic Circle Of North America New Jersey spend its money?
Islamic Circle Of North America New Jersey allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Islamic Circle Of North America New Jersey's tax-exempt status?
You can verify Islamic Circle Of North America New Jersey's tax-exempt status using EIN 202083113 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
The Islamic Circle Of North America New Jersey demonstrates a generally stable financial position, with assets consistently above $1.8 million over the past decade, reaching a peak of $2,165,054 in 2018. Revenue has shown fluctuations but a general upward trend, from $355,556 in 2020 to $949,046 in 2023. The organization's liabilities have remained relatively low, indicating good financial management and limited reliance on debt. However, the 2023 filing shows expenses exceeding revenue by approximately $80,000, a notable shift from previous years where revenue often outpaced expenses, suggesting a need to monitor spending or increase fundraising efforts to maintain long-term sustainability. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries, which is a positive sign for donors.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation suggests a lean operational structure. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency. The growth in revenue and assets over the long term, despite some year-to-year variations, points to a resilient organization. The recent deficit in 2023 warrants attention, but overall, the financial health appears sound, supported by substantial assets and low liabilities.