Is United Methodist Homes Of Nj Foundation Inc Legit?
Quick charity verification for United Methodist Homes Of Nj Foundation Inc (EIN: 222720958)
Verdict: United Methodist Homes Of Nj Foundation Inc appears trustworthy
70/100Mission Score
$9.9MRevenue
$23.3MAssets
2Red Flags
3Strengths
Red Flags
The sudden and substantial increase in revenue from $1.7M in 2022 to $9.8M in 2023 without a corresponding increase in expenses or assets warrants further investigation into the source and nature of these funds.
The consistent reporting of $0 for officer, director, trustee, and key employee compensation could indicate a lack of transparency if compensation is being paid through a related organization not detailed in these filings.
Strengths
The organization maintains a healthy asset base, consistently above $11 million, providing financial stability.
Expenses have generally been well below revenue in most years, indicating sound financial management.
The organization has a long history of filings, suggesting established operations.
AI Transparency Report
United Methodist Homes Of Nj Foundation Inc is a human services nonprofit based in Neptune, New Jersey, with reported revenue of $9.9M and assets of $23.3M. Our AI analysis assigns a Mission Score of 70/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting that key personnel may be compensated through a related entity or that the foundation operates with entirely volunteer leadership. Revenue has declined -34% across 13 filing periods.