Is New Jersey Gasoline Retailers Association & Allied Trades Inc Legit?

Quick charity verification for New Jersey Gasoline Retailers Association & Allied Trades Inc (EIN: 210680635)

Verdict: New Jersey Gasoline Retailers Association & Allied Trades Inc shows mixed signals

65/100Mission Score
$375KRevenue
$3.6MAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The New Jersey Gasoline Retailers Association & Allied Trades Inc. demonstrates consistent financial operations, though it has frequently reported expenses exceeding revenue in recent years. For instance, in 2023, expenses were $693,003 against revenues of $554,498, and in 2022, expenses were $848,905 against revenues of $394,194. This trend suggests a reliance on accumulated assets or other non-operating income sources to cover shortfalls. The organization maintains substantial assets, reported at $3,648,251 in the latest filing, which provides a buffer against these operating deficits. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, suggesting that leadership may be volunteer-based or compensated through other means not classified as officer compensation on the 990.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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