Is New Jersey Education Association Legit?…

Quick charity verification for New Jersey Education Association (EIN: 210524390)

Strengths

Consistent revenue growth, from $129,647,730 in 201408 to $155,155,057 in 202308
Significant reduction in liabilities from a high of $230,831,734 in 201608 to $29,343,814 in 202308
Strong and growing asset base, increasing from $145,225,434 in 201408 to $250,419,848 in 202308
Consistent financial surpluses, indicating sound financial management (e.g., $155M revenue vs $139M expenses in 202308)

Spending Breakdown

How New Jersey Education Association allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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 New Jersey Education Association

Is New Jersey Education Association a legitimate charity?

Based on AI analysis of IRS 990 filings, New Jersey Education Association (EIN: 210524390) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is New Jersey Education Association a good charity to donate to?

New Jersey Education Association has a Mission Score of 75/100. Revenue: $216.0M. Assets: $270.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New Jersey Education Association?

The Employer Identification Number (EIN) for New Jersey Education Association is 210524390. 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 Education Association spend its money?

New Jersey Education Association allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify New Jersey Education Association's tax-exempt status?

You can verify New Jersey Education Association's tax-exempt status using EIN 210524390 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 Education Association (NJEA) demonstrates consistent financial growth and a strong asset base. In the latest available filing (202308), the organization reported revenues of $155,155,057 against expenses of $139,068,562, indicating a healthy surplus. Over the past decade, NJEA's assets have steadily increased from $145,225,434 in 201408 to $250,419,848 in 202308, showcasing robust financial management and accumulation of resources. The organization's liabilities have fluctuated, but the overall trend shows a significant reduction from a high of $230,831,734 in 201608 to $29,343,814 in 202308, which is a positive indicator of financial stability and reduced debt burden.

Regarding spending efficiency, without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data, a precise assessment is challenging. However, the consistent surpluses suggest that the organization is managing its expenses within its revenue streams. The absence of reported officer compensation in the provided data for all periods is notable and could indicate either that compensation is reported differently or that the organization's structure does not involve traditional 'officer compensation' as defined for this metric, which impacts transparency regarding leadership costs. Further detailed expense breakdowns would be necessary for a complete analysis of spending efficiency and program focus.

Is New Jersey Education Association Legit?

Verdict: New Jersey Education Association appears trustworthy

Red Flags