Quick charity verification for New Jersey Bankers Association (EIN: 221152260)
Verdict: New Jersey Bankers Association shows mixed signals
65/100Mission Score
$4.2MRevenue
$6.1MAssets
2Red Flags
2Strengths
Red Flags
High administrative expenses consistently exceed program spending, with 2023 expenses at $3,950,553 and program spending at only 5% of total expenses.
Lack of detailed breakdown for program activities makes it difficult to ascertain the direct impact of the organization's mission.
Strengths
Consistently positive net assets, growing from $4,815,037 in 2016 to $5,887,095 in 2023, indicating financial stability.
Revenue has shown growth over the years, with a notable increase from $2,871,492 in 2021 to $4,273,484 in 2023.
AI Transparency Report
New Jersey Bankers Association is a unknown nonprofit based in Cranford, New Jersey, with reported revenue of $4.2M and assets of $6.1M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 5% of spending goes to programs, 85% to administration, and 10% to fundraising. Executive compensation cannot be assessed without specific salary data for key personnel, which is not provided in the given financial filings. Revenue has grown +60% across 13 filing periods.