Is Professional Assistance Program Of New Jersey Inc Legit?
Quick charity verification for Professional Assistance Program Of New Jersey Inc (EIN: 202798387)
Verdict: Professional Assistance Program Of New Jersey Inc shows mixed signals
65/100Mission Score
$1.0MRevenue
$744KAssets
3Red Flags
2Strengths
Red Flags
Liabilities ($1,022,000) exceeded assets ($853,380) in the 202405 filing, indicating potential insolvency.
Frequent operating deficits, with expenses exceeding revenue in multiple periods (e.g., 202405, 202205, 201905, 201805, 201205, 201105).
Significant fluctuation in assets and a dramatic increase in liabilities in the most recent filing without clear explanation.
Strengths
Consistent reporting of 0% officer compensation, suggesting a strong commitment to minimizing executive overhead.
Demonstrated ability to generate over $1 million in revenue in most years, indicating a capacity for fundraising or service delivery.
Spending Breakdown
How Professional Assistance Program Of New Jersey Inc 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 Professional Assistance Program Of New Jersey Inc
Is Professional Assistance Program Of New Jersey Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Professional Assistance Program Of New Jersey Inc (EIN: 202798387) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Professional Assistance Program Of New Jersey Inc a good charity to donate to?
Professional Assistance Program Of New Jersey Inc has a Mission Score of 65/100. Revenue: $1.0M. Assets: $744K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Professional Assistance Program Of New Jersey Inc?
The Employer Identification Number (EIN) for Professional Assistance Program Of New Jersey Inc is 202798387. 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 Professional Assistance Program Of New Jersey Inc spend its money?
Professional Assistance Program Of New Jersey Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Professional Assistance Program Of New Jersey Inc's tax-exempt status?
You can verify Professional Assistance Program Of New Jersey Inc's tax-exempt status using EIN 202798387 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 Professional Assistance Program Of New Jersey Inc demonstrates inconsistent financial performance over the past decade. While the organization reported a revenue of $1,035,567 in its latest filing, its expenses have frequently exceeded revenue, as seen in 202405 where expenses were $1,230,097 against $1,059,172 in revenue, and in 202205 where expenses were $1,286,750 against $947,430 in revenue. This pattern of operating deficits suggests potential challenges in maintaining long-term financial stability without consistent external support or adjustments to spending.
The organization's asset base has fluctuated significantly, from a low of $138,540 in 202205 to a high of $853,380 in 202405. The substantial increase in liabilities to $1,022,000 in 202405, exceeding its assets of $853,380, is a significant concern, indicating a potentially precarious financial position. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead in this specific area, which is a positive indicator for spending efficiency.
However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency beyond the executive compensation aspect. The lack of reported officer compensation does contribute positively to transparency regarding executive pay, but a more comprehensive financial statement would be needed for a complete transparency assessment.