Quick charity verification for New Jersey Festival Orchestra (EIN: 222432213)
Verdict: New Jersey Festival Orchestra appears trustworthy
75/100Mission Score
$746KRevenue
$503KAssets
2Red Flags
3Strengths
Red Flags
The organization's net assets have fluctuated significantly, from $524,535 in 2021 to $456,416 in 2023, indicating potential instability or strategic asset utilization.
While revenue has generally increased from $351,901 in 2021 to $715,563 in 2023, expenses have also risen, leading to varying net income each year.
Strengths
The New Jersey Festival Orchestra has a long operational history, with consistent filings dating back to 2016, demonstrating sustained commitment to its mission.
Despite financial fluctuations, the organization has consistently maintained positive net assets, indicating a degree of financial resilience.
The consistent reporting of $0 for executive compensation suggests a highly volunteer-driven model or efficient use of resources for administrative overhead.
AI Transparency Report
New Jersey Festival Orchestra is a unknown nonprofit based in Westfield, New Jersey, with reported revenue of $746K and assets of $503K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation below reporting thresholds, which warrants further inquiry. Revenue has grown +17% across 13 filing periods.