Is Standardbred Breeders And Owners Association Of New Jersey Inc Legit?
Quick charity verification for Standardbred Breeders And Owners Association Of New Jersey Inc (EIN: 221837295)
Verdict: Standardbred Breeders And Owners Association Of New Jersey Inc appears trustworthy
85/100Mission Score
$4.4MRevenue
$5.9MAssets
0Red Flags
3Strengths
No red flags identified.
Strengths
Consistently high program spending, averaging 88% of total expenses over the last five years.
Healthy and growing asset base, increasing from $3.4 million in 2019 to $5.6 million in 2023.
Strong revenue growth, with revenue increasing from $3.6 million in 2019 to $4.4 million in 2023.
Spending Breakdown
How Standardbred Breeders And Owners Association Of New Jersey Inc allocates its funds across programs, administration, and fundraising.
88%
Program Spending
Healthy — majority goes to mission
7%
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 Standardbred Breeders And Owners Association Of New Jersey Inc
Is Standardbred Breeders And Owners Association Of New Jersey Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Standardbred Breeders And Owners Association Of New Jersey Inc (EIN: 221837295) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
Is Standardbred Breeders And Owners Association Of New Jersey Inc a good charity to donate to?
Standardbred Breeders And Owners Association Of New Jersey Inc has a Mission Score of 85/100. Revenue: $4.4M. Assets: $5.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Standardbred Breeders And Owners Association Of New Jersey Inc?
The Employer Identification Number (EIN) for Standardbred Breeders And Owners Association Of New Jersey Inc is 221837295. 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 Standardbred Breeders And Owners Association Of New Jersey Inc spend its money?
Standardbred Breeders And Owners Association Of New Jersey Inc allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Standardbred Breeders And Owners Association Of New Jersey Inc's tax-exempt status?
You can verify Standardbred Breeders And Owners Association Of New Jersey Inc's tax-exempt status using EIN 221837295 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
Standardbred Breeders And Owners Association Of New Jersey Inc is a unknown nonprofit based in Manalapan, New Jersey, with reported revenue of $4.4M and assets of $5.9M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 88% of spending goes to programs, 7% to administration, and 5% to fundraising. Executive compensation appears reasonable given the organization's revenue and asset size, with no individual compensation exceeding $200,000 in recent filings. Revenue has grown +116% across 13 filing periods.