Is The New Jersey Association For College Admission Counseling Inc Legit?
Quick charity verification for The New Jersey Association For College Admission Counseling Inc (EIN: 222918655)
Verdict: The New Jersey Association For College Admission Counseling Inc appears trustworthy
85/100Mission Score
$295KRevenue
$374KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistently high percentage of spending on programs (e.g., 90% in 2023 based on expense allocation).
Stable revenue streams over multiple years, indicating financial resilience.
Low liabilities (e.g., $1,155 in 2023) relative to assets, suggesting good financial health.
Clear and consistent financial reporting through annual filings.
Spending Breakdown
How The New Jersey Association For College Admission Counseling Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 The New Jersey Association For College Admission Counseling Inc
Is The New Jersey Association For College Admission Counseling Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The New Jersey Association For College Admission Counseling Inc (EIN: 222918655) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is The New Jersey Association For College Admission Counseling Inc a good charity to donate to?
The New Jersey Association For College Admission Counseling Inc has a Mission Score of 85/100. Revenue: $295K. Assets: $374K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The New Jersey Association For College Admission Counseling Inc?
The Employer Identification Number (EIN) for The New Jersey Association For College Admission Counseling Inc is 222918655. 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 The New Jersey Association For College Admission Counseling Inc spend its money?
The New Jersey Association For College Admission Counseling Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The New Jersey Association For College Admission Counseling Inc's tax-exempt status?
You can verify The New Jersey Association For College Admission Counseling Inc's tax-exempt status using EIN 222918655 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 Association For College Admission Counseling Inc is a education nonprofit based in Wayne, New Jersey, with reported revenue of $295K and assets of $374K. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 90% of spending goes to programs, 5% to administration, and 5% to fundraising. • 2023 filings show total expenses of $273,101, with a significant portion dedicated to program services.
• The organization consistently reports its financial data annually, demonstrating a commitment to public accountability.
• Detailed financial statements are available, allowing for a clear understanding of revenue and expenditure trends. Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in the filings suggests no reported compensation for key employees, which is positive for donor confidence. Revenue has declined -23% across 13 filing periods.