Is New Jersey State Bar Association Legit?

Quick charity verification for New Jersey State Bar Association (EIN: 210723663)

Verdict: New Jersey State Bar Association appears trustworthy

75/100Mission Score

$14.0MRevenue

$10.7MAssets

2Red Flags

3Strengths

Red Flags

Consistent 0% reported officer compensation, which is unusual for an organization of this size and warrants further investigation into executive pay structures.
Operating deficit in the most recent filing (202306), with expenses ($10,817,554) exceeding revenue ($9,758,461).

Strengths

Strong asset base relative to liabilities, with assets ($11,529,178 in 202306) consistently more than double liabilities ($4,769,793 in 202306), indicating financial stability.
Consistent filing of IRS Form 990s over 13 periods, demonstrating a commitment to financial transparency.
History of operating surpluses in recent years (e.g., 202206 and 202106), indicating periods of effective financial management.

Spending Breakdown

How New Jersey State Bar 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 State Bar Association

Is New Jersey State Bar Association a legitimate charity?

Based on AI analysis of IRS 990 filings, New Jersey State Bar Association (EIN: 210723663) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is New Jersey State Bar Association a good charity to donate to?

New Jersey State Bar Association has a Mission Score of 75/100. Revenue: $14.0M. Assets: $10.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New Jersey State Bar Association?

The Employer Identification Number (EIN) for New Jersey State Bar Association is 210723663. 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 State Bar Association spend its money?

New Jersey State Bar 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 State Bar Association's tax-exempt status?

You can verify New Jersey State Bar Association's tax-exempt status using EIN 210723663 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 State Bar Association (NJSBA) demonstrates consistent financial activity, with revenues and expenses generally in the range of $9 million to $12 million over the past decade. In the most recent filing (202306), the organization reported expenses ($10,817,554) exceeding revenue ($9,758,461), resulting in a deficit for that period. However, this follows a surplus in 202206 ($10,599,086 revenue vs. $9,999,959 expenses) and a significant surplus in 202106 ($9,258,794 revenue vs. $7,648,709 expenses), indicating some variability in annual financial performance. The organization maintains a healthy asset base, with assets consistently exceeding liabilities, suggesting financial stability despite annual fluctuations. For instance, in 202306, assets were $11,529,178 against liabilities of $4,769,793.

The NJSBA's financial transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable aspect is the reported 0% officer compensation across all available filings, which suggests that the highest-ranking officers may not be directly compensated through the organization's reported officer compensation line item, or that their compensation is categorized differently. This warrants further investigation to understand the full compensation structure for key personnel. Without detailed program spending breakdowns from the provided data, it's challenging to fully assess spending efficiency, but the overall financial health appears stable with a strong asset-to-liability ratio.

View Full Transparency Report →

Disclaimer

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