Is New Jersey Licensed Beverage Association Inc Legit?
Quick charity verification for New Jersey Licensed Beverage Association Inc (EIN: 221425659)
Verdict: New Jersey Licensed Beverage Association Inc shows mixed signals
65/100Mission Score
$383KRevenue
$48KAssets
3Red Flags
2Strengths
Red Flags
Total revenue has shown a general decline from $355,873 in 2018 to $314,738 in 2023, indicating potential financial instability.
Net assets have significantly decreased from $179,664 in 2020 to $60,136 in 2023, suggesting a depletion of reserves.
The organization consistently spends more than its revenue, with expenses exceeding revenue in all provided years (e.g., $337,791 expenses vs. $314,738 revenue in 2023).
Strengths
The organization has maintained operations for several years, indicating a degree of resilience despite financial challenges.
Consistent reporting of financial data through IRS filings demonstrates a commitment to regulatory compliance.
Spending Breakdown
How New Jersey Licensed Beverage Association Inc 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 Licensed Beverage Association Inc
Is New Jersey Licensed Beverage Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey Licensed Beverage Association Inc (EIN: 221425659) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is New Jersey Licensed Beverage Association Inc a good charity to donate to?
New Jersey Licensed Beverage Association Inc has a Mission Score of 65/100. Revenue: $383K. Assets: $48K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Jersey Licensed Beverage Association Inc?
The Employer Identification Number (EIN) for New Jersey Licensed Beverage Association Inc is 221425659. 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 Licensed Beverage Association Inc spend its money?
New Jersey Licensed Beverage Association Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Jersey Licensed Beverage Association Inc's tax-exempt status?
You can verify New Jersey Licensed Beverage Association Inc's tax-exempt status using EIN 221425659 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
New Jersey Licensed Beverage Association Inc is a unknown nonprofit based in Trenton, New Jersey, with reported revenue of $383K and assets of $48K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. Executive compensation cannot be assessed as no specific compensation figures are provided in the available data. Revenue has grown +85% across 13 filing periods.