Is New Jersey Association For Floodplain Management Legit?
Quick charity verification for New Jersey Association For Floodplain Management (EIN: 203549247)
Verdict: New Jersey Association For Floodplain Management appears trustworthy
90/100Mission Score
$235KRevenue
$154KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero liabilities reported across all filings, indicating excellent financial health and no debt.
No officer compensation reported, suggesting a high dedication of resources to the mission.
Consistent growth in revenue and assets over the past decade, demonstrating increasing capacity.
Positive net income in most recent years (e.g., $51,016 surplus in 2023), contributing to asset growth.
Strong transparency with consistent IRS 990 filings.
Spending Breakdown
How New Jersey Association For Floodplain Management 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 New Jersey Association For Floodplain Management
Is New Jersey Association For Floodplain Management a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey Association For Floodplain Management (EIN: 203549247) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is New Jersey Association For Floodplain Management a good charity to donate to?
New Jersey Association For Floodplain Management has a Mission Score of 90/100. Revenue: $235K. Assets: $154K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Jersey Association For Floodplain Management?
The Employer Identification Number (EIN) for New Jersey Association For Floodplain Management is 203549247. 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 New Jersey Association For Floodplain Management spend its money?
New Jersey Association For Floodplain Management allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Jersey Association For Floodplain Management's tax-exempt status?
You can verify New Jersey Association For Floodplain Management's tax-exempt status using EIN 203549247 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 New Jersey Association For Floodplain Management demonstrates generally sound financial health, with recent years showing positive net income and a growing asset base. In 2023, the organization reported revenue of $250,995 against expenses of $199,979, resulting in a surplus that contributed to an increase in assets to $138,552. This trend of revenue exceeding expenses, particularly in 2023 and 2021, indicates effective financial management after a period of fluctuating performance, such as the deficit in 2022 where expenses ($194,455) exceeded revenue ($181,310).
The organization's spending efficiency appears strong, especially given its mission. With no reported officer compensation, a significant portion of its expenditures is likely directed towards its programs and operational needs. The consistent reporting of zero liabilities across all available filings is a strong indicator of fiscal responsibility and a healthy balance sheet, minimizing financial risk. The NTEE code M20 (Environmental Protection & Conservation) suggests a focus on public benefit, and the financial data supports an organization that is managing its resources to achieve its mission.
Transparency is excellent, as evidenced by the consistent filing of IRS Form 990s and the absence of officer compensation, which often raises questions in other nonprofits. The detailed financial history provided allows for a clear understanding of its financial trajectory, showing growth in revenue and assets over the past decade, albeit with some year-to-year fluctuations. The organization's ability to maintain a healthy asset base without incurring debt further enhances its financial stability and transparency.