Is The New Jersey Titans Hockey Club Inc Legit?

Quick charity verification for The New Jersey Titans Hockey Club Inc (EIN: 200944132)

Verdict: The New Jersey Titans Hockey Club Inc shows mixed signals

65/100Mission Score

$7.9MRevenue

$12.1MAssets

3Red Flags

3Strengths

Red Flags

Consistent and significant operational deficits in multiple years (e.g., 202303: $5.59M revenue vs. $7.17M expenses).
Liabilities consistently and substantially exceed assets (e.g., 202403: $19.63M liabilities vs. $12.09M assets), indicating potential solvency issues.
Growing trend of liabilities over time, from $6.94M in 201503 to $19.63M in 202403.

Strengths

Zero reported officer compensation across all filings, indicating strong financial stewardship at the executive level.
Significant revenue growth in recent years, from $2.82M in 202003 to $7.94M in 202403.
Latest fiscal period (202403) shows a positive operating margin ($7.94M revenue vs. $7.74M expenses), reversing a trend of deficits.

Spending Breakdown

How The New Jersey Titans Hockey Club 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

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 Titans Hockey Club Inc

Is The New Jersey Titans Hockey Club Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, The New Jersey Titans Hockey Club Inc (EIN: 200944132) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is The New Jersey Titans Hockey Club Inc a good charity to donate to?

The New Jersey Titans Hockey Club Inc has a Mission Score of 65/100. Revenue: $7.9M. Assets: $12.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The New Jersey Titans Hockey Club Inc?

The Employer Identification Number (EIN) for The New Jersey Titans Hockey Club Inc is 200944132. 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 Titans Hockey Club Inc spend its money?

The New Jersey Titans Hockey Club Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The New Jersey Titans Hockey Club Inc's tax-exempt status?

You can verify The New Jersey Titans Hockey Club Inc's tax-exempt status using EIN 200944132 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 Titans Hockey Club Inc. demonstrates a consistent operational deficit over several years, with expenses frequently exceeding revenue. For instance, in the latest period (202403), revenue was $7,938,936 against expenses of $7,740,843, showing a slight surplus, but prior years like 202303 saw revenue of $5,593,306 against expenses of $7,167,966, indicating a significant deficit. This trend suggests reliance on other funding sources or accumulated reserves to cover operational costs. The organization's liabilities have consistently exceeded its assets, reaching $19,633,040 in liabilities against $12,085,681 in assets in 202403, which is a significant concern regarding long-term financial stability and solvency.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent operational deficits suggest that the organization is spending at or above its income levels. The NTEE code N60 (Amateur Sports) implies a focus on program delivery, but without specific expense allocations, it's challenging to determine the proportion dedicated directly to its mission versus overhead.

Transparency regarding executive compensation appears strong, with 0% reported for officer compensation across all available filings. This indicates that the organization's leadership is not drawing salaries from the nonprofit, which is a positive sign for donor confidence. However, the substantial and growing liabilities relative to assets warrant further investigation into the nature of these liabilities and the organization's strategy for managing them.

View Full Transparency Report →

Disclaimer

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