Is New Jersey Hospital Association Legit? —…

Quick charity verification for New Jersey Hospital Association (EIN: 210618622)

Spending Breakdown

How New Jersey Hospital 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 Hospital Association

Is New Jersey Hospital Association a legitimate charity?

Based on AI analysis of IRS 990 filings, New Jersey Hospital Association (EIN: 210618622) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

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

New Jersey Hospital Association has a Mission Score of 75/100. Revenue: $13.7M. Assets: $204.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New Jersey Hospital Association?

The Employer Identification Number (EIN) for New Jersey Hospital Association is 210618622. 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 Hospital Association spend its money?

New Jersey Hospital 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 Hospital Association's tax-exempt status?

You can verify New Jersey Hospital Association's tax-exempt status using EIN 210618622 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 Hospital Association (NJHA) demonstrates a generally stable financial position with significant asset growth over the past few years. In 2023, the organization reported revenues of $13,350,181 against expenses of $11,923,271, indicating a surplus. This positive trend follows a period in 2021 where expenses ($12,780,241) exceeded revenues ($6,079,898), suggesting a strategic adjustment or a one-time event. The substantial increase in assets from $133,836,359 in 2022 to $188,264,401 in 2023, and further to $204,695,807 currently, is noteworthy, although a significant portion is offset by liabilities, which also saw a considerable increase from $84,605,916 to $133,560,446 in the same period. The organization's financial health appears robust, with consistent revenue generation generally exceeding expenses, except for the anomaly in 2021 and a large revenue spike in 2020. 

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent operational surpluses in most years suggest prudent financial management. The absence of reported officer compensation across all filings indicates either that compensation is not classified as 'officer compensation' in the provided data or that it is exceptionally low, which could be a positive sign for resource allocation if true. 

Transparency regarding executive compensation is high, as the provided data consistently shows 0% for officer compensation. However, a more granular breakdown of expenses (program vs. admin vs. fundraising) would enhance transparency and allow for a more precise evaluation of spending efficiency. The significant fluctuations in revenue, particularly the $41,403,668 in 2020, warrant further investigation to understand their nature and impact on the organization's long-term financial strategy.

Is New Jersey Hospital Association Legit?

Verdict: New Jersey Hospital Association appears trustworthy

Red Flags

Strengths