Quick charity verification for Monmouth County Historical Association (EIN: 216000882)
Verdict: Monmouth County Historical Association appears trustworthy
85/100Mission Score
$1.7MRevenue
$2.3MAssets
1Red Flags
5Strengths
Red Flags
Operational deficit in 2023 ($608,603 revenue vs. $983,274 expenses)
Strengths
Consistent 0% officer compensation across all filings
Significant asset growth from $1,139,611 in 2020 to $1,796,996 in 2023
Consistently low liabilities, indicating good financial management
Strong revenue performance in previous years (e.g., $1,380,727 in 2021)
Consistent IRS 990 filing history
Spending Breakdown
How Monmouth County Historical Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 County Historical Association
Is Monmouth County Historical Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Monmouth County Historical Association (EIN: 216000882) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Monmouth County Historical Association a good charity to donate to?
Monmouth County Historical Association has a Mission Score of 85/100. Revenue: $1.7M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Monmouth County Historical Association?
The Employer Identification Number (EIN) for Monmouth County Historical Association is 216000882. 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 County Historical Association spend its money?
Monmouth County Historical Association allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Monmouth County Historical Association's tax-exempt status?
You can verify Monmouth County Historical Association's tax-exempt status using EIN 216000882 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 Monmouth County Historical Association demonstrates a fluctuating but generally stable financial position, with assets growing significantly from $1,139,611 in 2020 to $1,796,996 in 2023. While the organization experienced a deficit in 2023, with expenses of $983,274 exceeding revenue of $608,603, this follows several years of surpluses, notably in 2021 where revenue of $1,380,727 significantly outpaced expenses of $741,532. The organization's liabilities remain consistently low, indicating good financial management and minimal debt burden. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust.
Spending efficiency appears to be a focus, given the absence of reported officer compensation. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The organization's ability to manage its assets and liabilities effectively, coupled with its consistent filing history, points to a well-governed entity. The significant increase in assets over the past few years, despite some operational deficits, suggests successful fundraising or investment strategies contributing to its long-term sustainability.