Quick charity verification for New Jersey Pharmacists Association (EIN: 210524332)
Verdict: New Jersey Pharmacists Association appears trustworthy
85/100Mission Score
$295KRevenue
$975KAssets
1Red Flags
3Strengths
Red Flags
Unusually low or 0% reported officer compensation, which may obscure actual executive remuneration if reported elsewhere.
Strengths
Consistent asset growth, reaching $973,617 in 2023.
Generally operates with a financial surplus, indicating sound financial management (e.g., 2023 revenue $364,246 vs. expenses $317,767).
No reported officer compensation across all available filings, potentially indicating efficient use of funds or volunteer leadership.
Spending Breakdown
How New Jersey Pharmacists Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Pharmacists Association
Is New Jersey Pharmacists Association a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey Pharmacists Association (EIN: 210524332) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is New Jersey Pharmacists Association a good charity to donate to?
New Jersey Pharmacists Association has a Mission Score of 85/100. Revenue: $295K. Assets: $975K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Jersey Pharmacists Association?
The Employer Identification Number (EIN) for New Jersey Pharmacists Association is 210524332. 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 Pharmacists Association spend its money?
New Jersey Pharmacists Association allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Jersey Pharmacists Association's tax-exempt status?
You can verify New Jersey Pharmacists Association's tax-exempt status using EIN 210524332 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 Pharmacists Association demonstrates consistent financial stability with growing assets, reaching $973,617 in 2023. The organization generally operates with a surplus, as seen in 2023 where revenue of $364,246 exceeded expenses of $317,767, indicating sound financial management. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent positive net income in most recent years suggests efficient use of resources relative to its operational scale.
The association's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available. A notable aspect is the reported 0% officer compensation across all available periods, which suggests either a volunteer-led executive structure or that compensation is reported under other expense categories, warranting further investigation into the full 990 forms for clarity. This lack of direct officer compensation, if accurate, could be seen as a positive indicator of resource allocation towards the organization's mission.
Overall, the New Jersey Pharmacists Association appears to be a financially healthy organization with a strong asset base and a history of operating within its means. The absence of reported officer compensation is a significant factor in its financial profile, contributing to a perception of efficiency, though a detailed breakdown of functional expenses would provide a more complete picture of spending efficiency.