Is New Jersey Society Of Health System Pharmacists Inc Legit?
Quick charity verification for New Jersey Society Of Health System Pharmacists Inc (EIN: 222419542)
Verdict: New Jersey Society Of Health System Pharmacists Inc appears trustworthy
75/100Mission Score
$476KRevenue
$870KAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits where expenses exceed revenue in multiple years (e.g., 2024, 2023, 2020) could indicate long-term financial unsustainability if not addressed.
The significant drop in revenue in 2020 to $110,553, compared to prior and subsequent years, warrants further investigation into its cause and recovery strategy.
Strengths
The organization has demonstrated strong asset growth, increasing from $600,006 in 2017 to $870,072 in 2024, indicating financial resilience.
Despite revenue fluctuations, the organization has maintained a healthy level of liabilities relative to assets, with liabilities at $123,699 in 2024 against $870,072 in assets.
The consistent reporting of $0 for executive compensation suggests a lean operational model, potentially maximizing funds for programmatic activities.
Spending Breakdown
How New Jersey Society Of Health System Pharmacists 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 Society Of Health System Pharmacists Inc
Is New Jersey Society Of Health System Pharmacists Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey Society Of Health System Pharmacists Inc (EIN: 222419542) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is New Jersey Society Of Health System Pharmacists Inc a good charity to donate to?
New Jersey Society Of Health System Pharmacists Inc has a Mission Score of 75/100. Revenue: $476K. Assets: $870K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Jersey Society Of Health System Pharmacists Inc?
The Employer Identification Number (EIN) for New Jersey Society Of Health System Pharmacists Inc is 222419542. 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 Society Of Health System Pharmacists Inc spend its money?
New Jersey Society Of Health System Pharmacists 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 Society Of Health System Pharmacists Inc's tax-exempt status?
You can verify New Jersey Society Of Health System Pharmacists Inc's tax-exempt status using EIN 222419542 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 Society Of Health System Pharmacists Inc is a unknown nonprofit based in Trenton, New Jersey, with reported revenue of $476K and assets of $870K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 20% to administration, and 10% to fundraising. Executive compensation is consistently reported as $0, suggesting that the organization relies on volunteer leadership or compensates its executives below the IRS reporting threshold for Form 990, Part VII. Revenue has grown +69% across 12 filing periods.