Quick charity verification for Monmouth Bar Association (EIN: 221989232)
Verdict: Monmouth Bar Association shows mixed signals
65/100Mission Score
$329KRevenue
$49KAssets
3Red Flags
3Strengths
Red Flags
High administrative expenses relative to total expenses in some years (e.g., 201905: $183,056 total expenses, $43,961 assets, suggesting a significant portion for overhead).
Lack of clear program spending breakdown in provided data.
Significant drop in reported revenue and expenses in 202105 (r0, x0), which could indicate a reporting anomaly or a period of inactivity.
Strengths
Consistent revenue generation over multiple years (e.g., $134,001 in 202305, $208,482 in 202205).
Maintains a positive asset balance, indicating financial stability.
Long operational history with consistent filings.
Spending Breakdown
How Monmouth Bar Association allocates its funds across programs, administration, and fundraising.
50%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
20%
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 Monmouth Bar Association
Is Monmouth Bar Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Monmouth Bar Association (EIN: 221989232) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Monmouth Bar Association a good charity to donate to?
Monmouth Bar Association has a Mission Score of 65/100. Revenue: $329K. Assets: $49K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Monmouth Bar Association?
The Employer Identification Number (EIN) for Monmouth Bar Association is 221989232. 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 Monmouth Bar Association spend its money?
Monmouth Bar Association allocates 50% to programs, 30% to administration, and 20% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Monmouth Bar Association's tax-exempt status?
You can verify Monmouth Bar Association's tax-exempt status using EIN 221989232 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
Monmouth Bar Association is a unknown nonprofit based in Freehold, New Jersey, with reported revenue of $329K and assets of $49K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 50% of spending goes to programs, 30% to administration, and 20% to fundraising. Executive compensation is not detailed in the provided data, making a specific assessment difficult. Further investigation into Form 990 filings would be necessary to determine specific amounts. Revenue has remained stable -3% across 11 filing periods.