Quick charity verification for New Brunswick Development Corporation (EIN: 222104766)
Verdict: New Brunswick Development Corporation shows mixed signals
65/100Mission Score
$10.1MRevenue
$994.5MAssets
3Red Flags
2Strengths
Red Flags
Despite substantial assets, program spending appears to be a relatively small portion of overall expenditures.
The 0% compensation reported across multiple years raises questions about how executive salaries are accounted for.
Significant increase in assets (from $185M to $964M in one year) without a proportional increase in reported revenue or program spending warrants further investigation.
Strengths
The organization demonstrates substantial asset growth, indicating strong financial backing or investment activity.
Consistent revenue generation over several years, with a notable increase in 2023 to $12,094,567.
AI Transparency Report
New Brunswick Development Corporation is a human services nonprofit based in New Brunswick, New Jersey, with reported revenue of $10.1M and assets of $994.5M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 20% of spending goes to programs, 50% to administration, and 30% to fundraising. Executive compensation is reported as 0% in all available filings, suggesting it is either not directly compensated or is embedded within other operational expenses, making a direct assessment difficult without further detail. Revenue has grown +151% across 12 filing periods.