Is New Jersey State Policemens Benevolent Association Inc Legit?
Quick charity verification for New Jersey State Policemens Benevolent Association Inc (EIN: 223020363)
Verdict: New Jersey State Policemens Benevolent Association Inc shows mixed signals
65/100Mission Score
$314KRevenue
$374KAssets
2Red Flags
2Strengths
Red Flags
Expenses frequently exceed or closely match revenue, as seen in 2018 ($265,545 expenses vs $260,401 revenue) and 2016 ($278,338 expenses vs $278,600 revenue), indicating tight financial management or potential deficits.
The provided data lacks a detailed breakdown of program spending, making it difficult to ascertain the direct impact of funds on beneficiaries.
Strengths
Consistent revenue generation over multiple years, demonstrating stable donor support or membership contributions.
Positive net assets have been maintained and grown over the years, from $26,154 in 2012 to $374,416 in 2019, indicating financial stability and growth.
Spending Breakdown
How New Jersey State Policemens Benevolent Association Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
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 Policemens Benevolent Association Inc
Is New Jersey State Policemens Benevolent Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Jersey State Policemens Benevolent Association Inc (EIN: 223020363) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 2 strengths noted.
Is New Jersey State Policemens Benevolent Association Inc a good charity to donate to?
New Jersey State Policemens Benevolent Association Inc has a Mission Score of 65/100. Revenue: $314K. Assets: $374K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Jersey State Policemens Benevolent Association Inc?
The Employer Identification Number (EIN) for New Jersey State Policemens Benevolent Association Inc is 223020363. 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 Policemens Benevolent Association Inc spend its money?
New Jersey State Policemens Benevolent Association Inc allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Jersey State Policemens Benevolent Association Inc's tax-exempt status?
You can verify New Jersey State Policemens Benevolent Association Inc's tax-exempt status using EIN 223020363 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 State Policemens Benevolent Association Inc is a mutual & membership benefit nonprofit based in Paterson, New Jersey, with reported revenue of $314K and assets of $374K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation cannot be assessed as specific figures for individual executives are not provided in the available data. Revenue has grown +79% across 10 filing periods.